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Who is the man replacing the 'Bond King'?

NEW YORK (AP) — With Bill Gross' surprise departure from Pimco, 45-year-old Daniel Ivascyn now finds himself watching over trillions in assets at the huge mutual fund firm. The new chief investment officer takes over from a fiery Wall Street legend. Gross co-founded Pimco in 1971 and ran the...

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Kurds claim advances in Iraq as Britain joins fray

SALHIYAH, Iraq (AP) — Kurdish fighters in northern Iraq captured a border crossing with Syria on Tuesday, expelling Islamic State militants in heavy fighting marked by vicious house-to-house combat and close quarters sniping. In neighboring Syria, Kurdish militiamen were on the defensive as...

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Afghan pact signed amid questions on Iraq pullout

WASHINGTON (AP) — After lengthy delays, U. S. and Afghan officials signed a security pact Tuesday to keep American troops in Afghanistan beyond year's end, aiming to prevent the country from descending into the kind of chaos that has plagued Iraq following the Pentagon's withdrawal. Barack a...

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Oil, rail industries want 7 years to fix tank cars

WASHINGTON (AP) — The oil and railroad industries are urging federal regulators to allow them as long as seven years to upgrade existing tank cars that transport highly volatile crude oil, a top oil industry official said Tuesday. The cars have ruptured and spilled oil during collisions, to...

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Study: Gambling industry worth $240B, 1.7M jobs

LAS VEGAS (AP) — U. S. casinos and the makers of the games found inside had a $240 billion economic impact and employed 1. 7 million people in 2013, a study shows. That includes $38 billion in local, state and federal taxes the industry said it paid last year in gambling fees, property taxes...

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