FREE Sample
PDF Edition

Back

AP Business

Summer may bring a turning point for stock market 2 hours ago NEW YORK (AP) -- After nine months of turmoil that started with the collapse of the subprime mortgage market, Wall Street appears to be at a turning point of sorts....  Read Story.

UAW, American Axle reach deal that may end strike 5 hours ago DETROIT (AP) -- A bitter 80-day United Auto Workers strike against an auto parts maker that has crippled dozens of General Motors Corp. factories could be coming to an end soon with a tentative contra  Read Story.

GM workers ratify local contract to end that strike 11 hours ago LANSING, Mich. (AP) -- A striking United Auto Workers local at a key General Motors Corp. factory ratified a new contract with the company Friday afternoon and will resume production on Monday....  Read Story.

Calif. wine patriarch Robert Mondavi dead at 94 11 hours ago BERKELEY, Calif. (AP) -- Robert Mondavi, the pioneering vintner who helped put California wine country on the map, died at his Napa Valley home Friday. He was 94....  Read Story.

California winemaking patriarch Robert Mondavi dead at 94 12 hours ago BERKELEY, Calif. (AP) -- Robert Mondavi, the pioneering vintner who helped put California wine country on the map, died at his Napa Valley home Friday. He was 94....  Read Story.

FDA orders Texas plant to shut down, recall smoked seafood 14 hours ago WASHINGTON (AP) -- Federal health authorities are directing a Pasadena, Texas, company to shut down and recall all its dried smoked catfish steaks and other smoked seafood produced since June 2007 bec  Read Story.

Treasurys fall amid more anxiety about inflation 14 hours ago NEW YORK (AP) -- Treasury prices fell Friday after rising oil caused investors to worry about rising inflation's erosion of fixed-income valuations....  Read Story.

Rice futures fall on improved supply outlook 16 hours ago NEW YORK (AP) -- Rice futures sank to a six-week low Friday, falling for a fifth day on hopes that exports from Pakistan and Japan will ease fears of a shortage of the staple consumed by half the worl  Read Story.

Treasury secretary says markets are calmer now 17 hours ago WASHINGTON (AP) -- Treasury Secretary Henry Paulson said Friday that financial markets are "considerably calmer" now than they were two months ago. He predicted the economy will be rebounding by the s  Read Story.

US will stop sending oil into strategic reserves 17 hours ago WASHINGTON (AP) -- The Energy Department says it has canceled oil shipments into the Strategic Petroleum Reserve beginning in July when the current purchase contract expires....  Read Story.

Oil sets record near $128; pump price at high, too 18 hours ago NEW YORK (AP) -- Oil prices surged more than $3 Friday, shattering a previous record in a spike near $128 a barrel, as prices at the pump pushed to new highs of their own....  Read Story.

Saudis see no reason to raise oil production now 18 hours ago RIYADH, Saudi Arabia (AP) -- Saudi Arabian leaders made clear Friday they see no reason to increase oil production until their customers demand it, apparently rebuffing President Bush amid soaring U.S  Read Story.

Treasurys rise on mixed economic data 18 hours ago NEW YORK (AP) -- Treasury prices rose Friday despite an increase in home construction as investors focused, instead, on data showing a decrease in consumer sentiment....  Read Story.

GE plans to exit appliance business 19 hours ago NEW HAVEN, Conn. (AP) -- General Electric Co. said Friday that it plans to sell or spin off its iconic appliance business that for a century sold refrigerators, air conditioners and ovens for millions  Read Story.

China tallies losses, costs from quake 19 hours ago SHANGHAI, China (AP) -- Cracked dams and buckled roads, collapsed buildings and toppled factories - China has begun to tally its losses from an earthquake this week that killed thousands and left thou  Read Story.

Oil pushed above $127 a barrel for first time 20 hours ago Oil prices soared more than $3 a barrel, surpassing $127 for the first time Friday and putting more pressure on already lofty gasoline and diesel prices ahead of the summer driving season in the north  Read Story.

Senate votes to roll back media ownership rule 21 hours ago WASHINGTON (AP) -- The Senate Thursday night voted to nullify a Federal Communications Commission rule that allows media companies to own a newspaper and a television station in the same market....  Read Story.

Fannie Mae scraps higher downpayment requirements 21 hours ago WASHINGTON (AP) -- Fannie Mae says it is doing away with higher downpayment requirements for borrowers in distressed real estate markets....  Read Story.

GE confirms plans to exit appliance business 21 hours ago FAIRFIELD, Conn. (AP) -- General Electric Co. said Friday it plans to sell or spin-off its century-old appliance business....  Read Story.

Oil climbs to record above $127 a barrel 21 hours ago Oil prices have risen above $127 a barrel for the first time....  Read Story.

Older Stories »