News Briefs

Alternative Funds Draw Dollars, Raise Questions

Investors plugged a net $35 billion into alternative mutual funds over the last 12 months, but the spurt of money doesn't mean widespread acceptance.

How MH17 Was Shot Down: Who Saw What, When

The bulky Buk M-1 missile system was hard to miss as it rolled through the east Ukraine town of Snizhne, but rebel leaders continue to deny it existed.

World Tensions Don't Curb Enthusiasm for Stocks

The market's resilience this year is driven by investors' optimism about the growth of the U.S. economy and record corporate earnings.

U.S. Durable Goods Orders Give Dollar a Boost

Orders for durable goods increased by 0.7 percent in June following a 1 percent decrease in May. Economists had been expecting orders to climb by about 0.5 percent.

Russia Raises Key Rate Amid Ukraine Concern

Russia's central bank unexpectedly decided to lift its key rate Friday as geopolitical tensions increased risks of inflation amid rising threats to growth.

'Day of Rage' Prompts Lockdown Amid Friday Prayers

Israeli security forces were put on heightened alert in Jerusalem's Old City after Palestinians declared a "day of rage" following violent clashes in the West Bank.

U.K. Economy Surpasses Pre-Crisis Peak

Britain's economy has grown to surpass the peak it reached in 2008, before the global banking crisis plunged the world into a deep recession, official figures showed Friday.

Porcelain Dolls Were Meant to Be Sweet, Not Creepy

A mysterious batch of porcelain dolls sent a creepy feeling through several Southern California families, but authorities say the person who left them meant no harm.

Ukraine Says Russians Firing Across the Border

Ukraine's national security spokesman said Thursday that Russian forces are lobbing rockets, artillery shells, grenades and small-arms fire at Ukrainian troops.

Risks of Layoffs Becoming Rarer in U.S.

As the U.S. economy improves and employers regain confidence, companies are laying off fewer workers -- and hiring at a steady clip.

Israeli Attack on Gaza School Kills 17

At least 17 Palestinian civilians were killed, including several children, on Thursday when a UN school used as a shelter in northern Gaza was hit by Israeli tank shells, medical sources said.

Varying Health Insurance Subsidies Worry Consumers

Some consumers are going without health insurance because of the uncertainty while others who bought policies through state exchanges worry they are going to owe the government money next tax season.

Charles Schwab Adding 1,200 Jobs in Texas

Charles Schwab Corp. is getting nearly $6 million in incentives to open an El Paso operations center and increase its presence in Austin.

IMF Cuts World, U.S. Growth Forecast for 2014

The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the U.S., Russia and developing economies.

Data Dimensions to Create 100 Jobs

Data Dimensions plans to open a data processing center in Mount Sterling, Ky., and create 100 new jobs, with hiring to start in fall.

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