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Business News

  • Oil flat near $104 despite huge stock build

    Wednesday, Apr 16, 12:12 pm
    Oil rose one penny Wednesday as worries about upheaval in Ukraine canceled out a huge increase in U.S. oil supplies.Benchmark U.S. crude for May delivery closed at $103.76 a barrel in New York.Brent... Read more...
  • Geneva talks on Ukraine face steep hurdles

    Wednesday, Apr 16, 12:00 pm
    MOSCOW (AP) -- Thursday's high-level talks in Geneva on Ukraine come as the country's eastern regions are awash in turmoil and pro-Russian insurgents have seized police stations and government buildings... Read more...
  • Uruguay's leader declares $322,883 in wealth

    Wednesday, Apr 16, 12:00 pm
    MONTEVIDEO, Uruguay (AP) -- Uruguayan President Jose Mujica says his wealth adds up to $322,883. Nearly a third of that is cash, kept in three bank accounts that he didn't previously declare.Mujica's... Read more...
  • Bank of America posts loss, hurt by legal charges

    Wednesday, Apr 16, 11:07 am
    CHARLOTTE, N.C. (AP) -- Bank of America said Wednesday that it swung to a loss in the first quarter, hurt by $6 billion in legal charges.A LOSS: The Charlotte, N.C., bank reported a loss applicable... Read more...
  • Energy state Dems in Senate races split from Obama

    Wednesday, Apr 16, 11:06 am
    CHARLESTON, W.Va. (AP) -- Scrapping to keep a West Virginia Senate seat Democratic in a state that's sprinted to the right, Natalie Tennant is counting on her allegiance to the coal industry to separate... Read more...
  • CSX railroad expects modest 2014 profit growth

    Wednesday, Apr 16, 10:18 am
    OMAHA, Neb. (AP) -- CSX railroad expects to deliver modest profit growth this year, but the impact of the severe winter will linger into the second quarter.Officials with the railroad said on... Read more...
  • Hot models at this year's New York Auto Show

    Wednesday, Apr 16, 10:18 am
    NEW YORK (AP) -- With more than 1 million visitors annually, the New York International Auto Show is one of the most important shows for the U.S. auto industry. Here are some of the vehicles debuting... Read more...
  • Smartphone apps to help patients take their meds

    Wednesday, Apr 16, 9:54 am
    Several smartphone apps are available to help patients take their medications as prescribed. Here's a sampling of several free apps, noting some of their special features:1. MedCoach. Includes... Read more...
  • Russian economy hit by Ukraine turmoil

    Wednesday, Apr 16, 8:30 am
    MOSCOW (AP) -- Russia's economy slowed sharply at the start of the year as the crisis in Ukraine spooked investors into pulling money out of the country. But with Russian President Vladimir Putin still... Read more...
  • Mentors help minority companies accelerate growth

    Wednesday, Apr 16, 8:12 am
    NEW YORK (AP) -- Mel Gravely says his construction company might not exist today if he didn't have mentors to guide it.Gravely's company, TriVersity, joined a program called a minority business... Read more...
  • Ahead of the Bell: Yahoo

    Wednesday, Apr 16, 6:48 am
    NEW YORK (AP) -- Yahoo soared 8 percent in trading before the opening bell Wednesday after quarterly results showed an aggressive push into Asia and a slight pickup in advertising revenue.Still,... Read more...
  • US factory output extended solid gains in March

    Wednesday, Apr 16, 6:48 am
    WASHINGTON (AP) -- U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture,... Read more...
  • UK unemployment keeps falling amid recovery

    Wednesday, Apr 16, 3:24 am
    LONDON (AP) -- Britain's unemployment rate has fallen below 7 percent for the first time in five years, with earnings growth narrowly outstripping inflation for the first time since 2010.The... Read more...
  • Credit Suisse profits down 34 percent

    Tuesday, Apr 15, 11:06 pm
    FRANKFURT, Germany (AP) -- Swiss bank Credit Suisse says net profit fell 34 percent in the first quarter as revenues decreased from its investment banking business.Profit fell to 859 million... Read more...
  • Rail companies to report fertilizer delivery plans

    Tuesday, Apr 15, 7:19 pm
    PIERRE, S.D. (AP) -- A federal oversight board told Canadian Pacific Railway and BNSF Railway that they have until Friday to report their plans to ensure delivery of fertilizer shipments for spring... Read more...
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