By MATTHEW CRAFTAP Business Writer
NEW YORK (AP) - As President Barack Obama widened his lead over Mitt Romney in polls this month, traders at hedge funds and investment firms began shooting emails to clients with a similar theme: It's time to start preparing for an Obama victory.
By KEN MILLERAssociated Press
OKLAHOMA CITY (AP) - A boiler that was being brought back online after maintenance exploded at an oil refinery in Wynnewood, killing one worker and injuring another, Garvin County's sheriff said Saturday.
Billy Smith, 34, of Pauls Valley, died in the blast at
By JOSH FUNKAP Business Writer
OMAHA, Neb. (AP) - As they work to give away part of Warren Buffett's roughly $47 billion fortune, his three children have adopted an approach that looks remarkably similar to their father's technique for making all that money.
Like Buffett, each relies on
BERLIN (AP) - Thousands of people across Germany have protested for the introduction of taxes on wealth and financial transactions.
Organizers said Saturday around 40,000 people took to the streets in 40 cities to demand a more equal society.
Police estimates of the turnout in the country's
By DEE-ANN DURBINAP Auto Writer
DETROIT (AP) - General Motors Co. is recalling more than 40,000 cars sold in warm-weather states because a plastic part might crack and cause a fuel leak.
The company is recalling Chevrolet Cobalt and Pontiac G5 sedans from the 2007 through 2009 model years and
MADRID (AP) - Spain's public debt will reach 90.5 percent of its gross domestic product in 2013 with its new austerity budget, according to government documents.
Spain also revised its debt ratio forecast for this year to 85.5 percent of GDP, up from 79.8 percent.
Finance Minister Cristobal
By ALAN CLENDENNINGAssociated Press
MADRID (AP) - Tens of thousands of Spaniards and Portuguese rallied in the streets of their countries' capitals Saturday to protest enduring deep economic pain from austerity measure, and the demonstration in Madrid turned violent after Spaniards enraged
BEIJING (AP) - Chinese manufacturing contracted for the 11th straight month in September amid a fall in new orders, though the decline might be easing, a business survey showed Saturday.
HSBC Corp.'s purchasing managers' index, based on a survey of more than 400 companies, was 47.9 for
WASHINGTON (AP) - Regulators shuttered a small bank in Illinois on Friday, bringing to 43 the number of U.S. bank failures this year.
The Federal Deposit Insurance Corp. said it seized First United Bank, based in Crete, Ill.
The bank had about $328.4 million in assets and $316.9 million in deposits
By The Associated Press
A federal judge has struck down a rule adopted under the 2010 financial overhaul law that seeks to limit speculative trading of commodities futures.
The rule, adopted last year by the Commodity Futures Trading Commission, restricted the volume of futures contracts that