Virgin America files plans for IPO

NEW YORK — Virgin America's next destination is Wall Street. The California-based airline filed on Monday for an initial public offering of shares. Virgin America Inc., which operates out of Los Angeles and San Francisco, flies to 22 airports in the...

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Tyson to sell Mexico, Brazil poultry operations

SPRINGDALE, Ark. — Tyson Foods plans to sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt from its recently announced acquisition of Hillshire Brands. The Springdale, Arkansas, meat processor said Monday that...

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US stocks remain lower at midday

NEW YORK — Major U.S. stock market indexes nudged lower in midday trading on Monday, weighed down by a report of sluggish sales in the housing market. KEEPING SCORE: As of 12:24 p.m. Eastern time, the Standard & Poor's 500 index was down four points,...

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UN condemns terrorist oil sales from Iraq, Syria

UNITED NATIONS — The U.N. Security Council strongly condemned any sale of oil from Syria or Iraq by terrorist groups and reminded all countries that buying this illegally obtained oil violates U.N. sanctions. A presidential statement approved by all...

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US companies increasingly fish for growth overseas

SAN FRANCISCO — Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings...

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Lloyds bank settles with US, UK over market fixing

LONDON — Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate. Lloyds, one of the world's largest banks, on Monday became the sixth financial firm sanctioned in the...

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Dollar Tree steps up fight, buys Family Dollar

NEW YORK — The fight for penny pinchers is intensifying. Dollar Tree said Monday it is buying rival discounter Family Dollar for $8.5 billion, significantly broadening its reach as it looks to fend off Wal-Mart, which has been stepping up its courtship...

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Argentina in last-ditch effort to avert default

BUENOS AIRES, Argentina — Argentina's government said Monday it will make another effort to reach a deal with US. creditors ahead of a looming deadline that risks sending the country into its second default in 13 years. Cabinet Chief Jorge Capitanich...

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Deal on veterans' health care costs at least $15B

WASHINGTON — A bipartisan deal to improve veterans health care would authorize at least $15 billion in emergency spending to fix a veterans health program scandalized by long patient wait times and falsified records covering up delays. Congressional...

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Red Lobster goes vertical on plate to push quality

NEW YORK — Red Lobster wants to be seen as a purveyor of quality seafood, so it's getting rid of some of its promotional discounts and stacking the food higher on plates, as is the style at fancier restaurants. The changes mark the latest attempt by...

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