Business News
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Summer travel forecast: Better, but no blowout
Friday, May 24, 10:53 am
NEW YORK (AP) - This summer, high rollers are flying to lavish vacation hot spots for their vacations. The rest of us are headed to places like nearby campgrounds. The good news: At some... Read more...
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Stocks head lower, market on track for weekly loss
Friday, May 24, 10:44 am
NEW YORK (AP) - The stock market headed slightly lower Friday, keeping on track for its first weekly loss in a month. The Standard & Poor's 500 index was down three points at 1,647,... Read more...
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Delta ups the ante in battle for NY travel market
Friday, May 24, 10:40 am
NEW YORK (AP) - Delta Air Lines is opening a $1.4 billion terminal at John F. Kennedy International Airport, strengthening its hand in the battle for the lucrative New York travel market. The... Read more...
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Oil falls below $94 on weak outlook for demand
Friday, May 24, 9:17 am
NEW YORK (AP) - The price of oil was knocked below $94 a barrel Friday by a combination of ample supplies and lukewarm demand. Benchmark oil for July delivery was down 36 cents to $93.91... Read more...
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Stocks head lower, market headed for a weekly loss
Friday, May 24, 8:47 am
NEW YORK (AP) - The stock market is heading lower in midday trading, putting it on track for its first weekly loss in a month. The Dow Jones industrial average was down 30 points at 15,264 as... Read more...
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At a glance: Memorial Day gasoline prices
Friday, May 24, 8:42 am
(AP) - The average price of a gallon of gasoline is about the same as it was last year at this time, and could be slightly cheaper by Monday. But it's more than double what it was in 2000. Here's... Read more...
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Slovenia adopts debt cap to stave off crisis
Friday, May 24, 7:36 am
LJUBLJANA, Slovenia (AP) - Slovenia's parliament on Friday adopted a cap on public spending to try to convince foreign investors that the small eurozone country will not need an international bailout. The... Read more...
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China gives US regulators access to audit records
Friday, May 24, 7:32 am
WASHINGTON (AP) - China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute. The... Read more...
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Stocks open lower, market headed for a weekly loss
Friday, May 24, 6:48 am
NEW YORK (AP) - Stocks are opening lower on Wall Street, putting the market on track for its first weekly loss after four weeks of gains. The Dow Jones industrial average was down 42 points... Read more...
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US durable goods orders rise 3.3 percent in April
Friday, May 24, 6:25 am
WASHINGTON (AP) - U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may... Read more...
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Some unions now angry about health care overhaul
Friday, May 24, 6:14 am
WASHINGTON (AP) - When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters. But some unions leaders have... Read more...
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Futures slide; markets appear headed for down week
Friday, May 24, 5:10 am
NEW YORK (AP) - Stock futures are sinking and it appears major U.S. indexes are heading for a down week roiled by corporate earnings, good and bad, and confusion about what the Fed will do next. Dow... Read more...
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Procter & Gamble brings back A.G. Lafley as CEO
Friday, May 24, 4:59 am
NEW YORK (AP) - Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again. The Cincinnati company said late Thursday that former CEO A.G. Lafley,... Read more...
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Report: France backs off caps on CEO pay
Friday, May 24, 2:38 am
PARIS (AP) - France's finance minister says the government is no longer planning to cap executives' salaries in the private sector, amid concerns it is antagonizing the big businesses needed to reinvigorate... Read more...
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German business confidence unexpectedly rebounds
Friday, May 24, 2:27 am
BERLIN (AP) - German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's biggest economy, a closely watched... Read more...
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