By The Associated Press
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 a barrel in midday trading on the New York Mercantile Exchange.
On Thursday, oil fell as
By EVA VERGARA and LUIS ANDRES HENAOAssociated Press
SANTIAGO, Chile (AP) - Chile's environmental regulator blocked Barrick Gold Corp.'s $8.5 billion Pascua-Lama project on Friday and imposed its maximum fine on the world's largest gold miner, citing "very serious" violations of its
NEW YORK (AP) - News Corp. says its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies.
News Corp. also said Friday that the target date for the split is June 28. The company holding its TV and movie properties will be 21st Century
By MATTHEW CRAFTAP Business Writer
NEW YORK (AP) - The stock market headed lower in midday trading Friday, putting it on track for its first weekly loss in a month.
Shortly after noon, the Dow Jones industrial average was down 28 points at 15,265, a drop of 0.2 percent.
The Standard & Poor'
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 Public Company Accounting Oversight Board, a watchdog agency for the accounting industry, announced the
GENEVA (AP) - Chinese Premier Li Keqiang is in Switzerland to seal a free trade pact with the Alpine nation - the first comprehensive agreement his country has reached with a major western economy.
Li met with Swiss officials in Zurich on Friday to conclude three years of negotiations.
In an op-ed
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 at 15,251 shortly after the opening bell Friday, a loss of 0.3 percent.
The Standard & Poor's 500
By ALI ZERDINAssociated Press
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 78-8 vote in the assembly means Slovenia's constitution
By SAM HANANELAssociated Press
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 grown frustrated and angry about what they say are unexpected consequences of the
By MARTIN CRUTSINGERAP Economics Writer
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 be holding steady this spring.
Orders for durable goods, items
WASHINGTON (AP) - President Barack Obama will travel to tornado-ravaged Moore, Okla., on Sunday. That's according to a White House official, who wasn't authorized to publicly discuss the trip ahead of the official announcement and requested anonymity. A
By MANUEL VALDES and MIKE BAKERAssociated Press
MOUNT VERNON, Wash. (AP) - An Interstate 5 bridge over a river collapsed north of Seattle Thursday evening, dumping two vehicles into the water and sparking a rescue effort by boats and divers as three injured people were pulled from the chilly
By BLAKE NICHOLSON and DAVE KOLPACKAssociated Press
BISMARCK, N.D. (AP) - A dam that threatened to give way and flood a North Dakota town was holding back the water on Wednesday, though the 1,300 residents of Cavalier were still being told to stay away from their homes.
Steady rainfall between