By JOSH BOAKAP Economics Writer
WASHINGTON (AP) - U.S. wholesale prices dropped in November for the third consecutive month, pushed down again by cheaper gasoline and lower home heating oil costs. But excluding volatile energy costs, inflation was mostly stable.
The producer price index, which
By TOM MURPHYAP Business Writer
A U.S. bankruptcy court judge said Anadarko Petroleum may be liable for between $5 billion and more than $14 billion in a legal battle over the 2005 spinoff of the paint materials company Tronox.
Tronox, which makes titanium dioxide pigments used to make paints and
DETROIT (AP) - General Motors Co. got about $343 million for its 7 percent stake in French automaker PSA Peugeot Citroen.
The Detroit company on Friday said that it completed the private placement sale of 24.8 million PSA shares for 250 million euros.
GM bought the PSA stake in March 2012 for $402
By HAROLD HECKLEAssociated Press
MADRID (AP) - Casino operator Las Vegas Sands on Friday scrapped plans to build a "EuroVegas" resort near Madrid after the Spanish government rejected as illegal concessions demanded for the investment.
The company, led by 80-year-old American tycoon Sheldon Adelson
NEW YORK (AP) - Stock futures are rising after a three-day funk in the markets that have begun to waver in anticipation of a drawdown of the Fed's generous monetary policies.
Dow Jones industrial futures are up 39 points to 15,721. S&P futures have gained a point to 1,768.60. Nasdaq futures
BEIJING (AP) - Chinese leaders warned Friday that the world's second-largest economy faces "downward pressure" and called for boldness in carrying out promised reforms aimed at reviving slowing growth.
In a report issued after an annual planning meeting, the Communist Party cited an array of
By The Associated Press
LONDON (AP) - World stock markets were tentative Friday as investors prepared for the U.S. Federal Reserve's decision next week on whether to reduce its monetary stimulus.
Strong U.S. economic data and signs of an imminent budget agreement in Congress have
By MIKE BAKERAssociated Press
SEATTLE (AP) - Boeing and Puget Sound-area machinists can't even agree on how their latest contract talks came to an end.
Local machinists spokesman Bryan Corliss said Friday that the company withdrew its latest contract offer after union leaders told Boeing Co.
By PABLO GORONDIAssociated Press
The price of oil slid to around $97 a barrel Friday on the possibility of new supplies from Libya and expectations the Federal Reserve will cut its stimulus program.
By early afternoon in Europe, benchmark U.S. crude for January delivery was down 49 cents to $97.01
By JOSEF FEDERMANAssociated Press
JERUSALEM (AP) - An Israeli startup is trying to combat a common fear for international travelers: getting socked with hundreds or thousands of dollars in unexpected roaming charges for using cellphones away from home.
Cell Buddy aims to turn any smartphone into a
by Idaho Athletics Media RelationsIt didn’t take long for Austin Rehkow to make his name known in the world of college football.
Today, when the 124th Walter Camp Football Team is announced on ESPN during the Home Depot College Football Awards Show, he will be recognized as the best punter in the
The Elf on the shelf has been a Christmas tradition for quite some time, and this year at KHQ, we had our own Elf show up, ready to work. We asked you what we should call our new friend, and pulling from a long tradition of KHQ broadcasting, we decided to call him George.
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