NEW YORK — Goldman Sachs Group Inc. said Tuesday its second-quarter net income dropped 83 percent to $453 million as trading revenue fell and the bank booked a charge for its settlement of civil fraud charges with the Securities and Exchange Commission.
The company's revenue fell short of expectations, following IBM Corp. and Texas Instruments Inc., which late Monday reported revenue that disappointed investors.

VIENNA, Austria (NNPA) – Phill Wilson, president and CEO of the Black AIDS Institute, has good reasons for describing AIDS as a Black disease.

VIENNA — Two heavy hitters on the world health stage — Bill Clinton and Bill Gates — called Monday for a more efficient fight worldwide against the AIDS virus.

NEW ORLEANS — The federal government Monday allowed BP to keep the cap shut tight on its ruptured Gulf of Mexico oil well for another day despite something seeping near the sea floor.

WASHINGTON — President Barack Obama took aim at Republican lawmakers Monday, accusing them of holding the public hostage to Washington politics by blocking extended unemployment benefits for millions of out of work Americans.

Argentina legalized same-sex marriage Thursday, becoming the first country in Latin America to declare that gays and lesbians have all the legal rights, responsibilities and protections that marriage brings to heterosexual couples.

WASHINGTON (NNPA) - The D.C. mayor's race has undergone a shift in recent weeks with the incumbent on the defensive in his bid for re-election and his primary challenger racking up endorsements across the board.

According to one of the nation's Federal Reserve Banks, 30 million American households -- nearly one in four -- are either unbanked or under-banked. These families instead turn to alternative financial services for their monetary mainstays.

WASHINGTON — Earthquakes are so rare in the Washington area that even a geology student wasn't quite sure what was going on when a minor one hit early Friday. Was it a truck passing by? A low-flying plane?

NEW YORK — Bank of America said Friday its second-quarter net income rose 15 percent to $2.78 billion as improvements in the company's consumer loan businesses made up for a drop in trading revenue.