On Thursday, 49 states reached a $25 billion deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst.
DENVER Colorado Attorney General John Suthers says Colorado will get about $205 million as part of a multistate settlement with the nation's five largest national banks over home foreclosures.
TONAWANDA, N.Y. General Motors has found a new use for a building that's sat vacant at its Buffalo-area manufacturing complex for seven years.
WEST LAFAYETTE, Ind. A Purdue University agronomist says Indiana's winter wheat crop is healthy and on track despite wet weather at planting time last fall. Those wet fields have slightly reduced the state's wheat acreage, though.
PARIS An heir to the Guerlain perfume empire went on trial Thursday in Paris on charges he made racist insults on national television.
TALLAHASSEE, Fla. The Florida House is moving ahead with a nearly $69.2 billion budget.
WASHINGTON The House on Thursday joined the Senate in voting to explicitly prohibit members of Congress and other top officials from making investments on insider information. But an effort to bridle purveyors of Capitol Hill political intelligence could delay the bill's enactment.
HONOLULU A new report says production cutbacks by Toyota and Honda after the Japan earthquake and Thai floods hit Hawaii's new vehicle sales especially hard in 2011.
NEW YORK The nation's natural gas supplies shrank last week, the government said Thursday.
THE NEWS: Pepsico Inc. plans to cut 8,700 jobs, about 3 percent of its 300,000 global work force, in a restructuring. The company also reported fourth-quarter earnings rose 4 percent. Adjusted results beat expectations.
DENVER Clothing and school supplies would be tax-free during an annual Colorado "sales tax holiday" that cleared its first hurdle in the state House Wednesday.
WASHINGTON Wholesale businesses increased their stockpiles sharply in December although the gains are expected to slow in coming months, a development that could curb overall economic growth.
FRANKFURT, Germany More than two years after it came clean about its addiction to debt, Greece may finally have begun its long and painful road to recovery.
DETROIT Two of the architects behind Ford's remarkable turnaround are retiring, and their departures have intensified the guessing game over who will become the next CEO.
NEW YORK The stock market finally got a deal in Greece, but it didn't produce much of a rally.
ALEXANDRIA, Va. A Muslim convert from Brooklyn pleaded guilty Thursday to using a website he founded to post online threats against the creators of the "South Park" television show and others he deemed enemies of Islam.
ROCHESTER, N.Y. Picture it: Save for a few disposable point-and-shoots, Kodak is exiting the camera business.
WASHINGTON The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months.
FRANKFURT, Germany The European Central Bank kept its key interest rate at a record low of 1 percent on Thursday as it waits to see if the 17-nation eurozone needs more help to stave off recession.
WASHINGTON A landmark $25 billion settlement with the nation's top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit.
BOSTON Workers stashed money away in their 401(k) retirement plans at a faster clip last year but didn't get an immediate reward for their savings strategy. Fidelity Investments, the nation's biggest 401(k) administrator, says the average account balance was essentially unchanged in 2011, compared with 2010.
NEW YORK PepsiCo is trying to put some fizz back into its business. The food and drinks maker announced a restructuring on Thursday that includes cutting 8,700 jobs globally and plowing money into advertising drinks like Pepsi and Mountain Dew in North America.
WASHINGTON Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to be employed than at any time since World War II.
WASHINGTON Home-brewed coffee lovers, take note: More than a million popular coffee makers are being recalled after dozens of reports of the brewers spraying hot liquid, coffee grounds or tea leaves onto people.
SINGAPORE Oil prices hovered below $100 a barrel Friday in Asia as encouraging news about the U.S. economy was tempered by European demands for Greece to make further spending cuts before getting a new bailout.
LONDON The Bank of England is to inject another 50 billion pounds ($79 billion) into the British economy, which contracted in the last three months of 2011 and is likely to face further difficulties as Europe struggles to contain its raging debt crisis.
KAMPALA, Uganda China last month sent a senior official to symbolically hand over the keys to a nine-story twin tower to house Uganda's president and prime minister, a gift from Beijing.
STOCKHOLM Europeans need to question their habits and have more flexibility if they want to secure the future of their generous pension systems, Sweden and Britain's prime ministers said Thursday at a summit in Stockholm.
WEST LAFAYETTE, Ind. A Purdue University agronomist says Indiana's winter wheat crop is healthy and on track despite wet weather at planting time last fall. Those wet fields have slightly reduced the state's wheat acreage, though.
LONDON A one-time tax hit sent profits at drinks company Diageo PLC's down 20 percent in the last six months of 2011, despite rising income following a strong performance in emerging markets.
