By The Associated Press
NEW YORK (AP) - The price of oil regained some of its earlier losses on Wednesday after a report from the Federal Reserve showed the economy strengthened across much of the country.
Benchmark oil for April delivery fell 39 cents to finish at $90.43 a barrel on the New York
By MATTHEW CRAFTAP Business Writer
NEW YORK (AP) - After barreling through a record the day before, the Dow Jones industrial average meandered higher on Wednesday.
The Dow was up 38 points, or 0.1 percent, to 14,288 shortly after 1 p.m. EST. An encouraging job-market report helped nudge the stock
By JULIE PACEAP White House Correspondent
WASHINGTON (AP) - Shifting course in the face of political gridlock, President Barack Obama is making rare overtures to rank-and-file Republicans, inviting GOP senators to dinner Wednesday, planning visits to Capitol Hill and working the phones with
By MICHELLE CHAPMAN and MAE ANDERSONAP Business Writers
NEW YORK (AP) - Costs related to Staples turnaround plan helped drive down the office supplier's fourth-quarter net income by 72 percent. Its quarterly revenue and financial outlook for the year missed Wall Street's expectations.
BRUSSELS (AP) - The European Commission has formally launched an investigation to find out whether an energy price reduction granted to industrial clients in Germany is a hidden form of state aid.
The Commission, which is also the 27-nation bloc's antitrust watchdog, said the exemption for
By JON GAMBRELLAssociated Press
LAGOS, Nigeria (AP) - Inside this 1950s-style American diner, waitresses softly sing along to Aretha Franklin as they sling hamburgers and whip up milkshakes. The jukebox belts out Ritchie Valens as a customer wearing a Muslim prayer cap and flowing blue robes ambles
BRUSSELS (AP) - A Belgian government spokesman says economics professor Koen Geens has been nominated to head the finance ministry.
Guillaume de Walque said Wednesday the minister was sworn in by King Albert II, Belgium's ceremonial head of state, late Tuesday.
The 55-year-old Geens faces an
By MATTHEW BARAKATAssociated Press
ARLINGTON, Va. (AP) - To get a sense of just how much federal government spending influences the Washington metropolitan area, all you have to do is listen to the ads on an all-news radio station there.
Instead of promoting happy hours and nightclubs, WTOP's
NICOSIA, Cyprus (AP) - Senior officials from Cyprus' prospective international lenders are starting a new round of talks with Cypriot authorities with the aim of finalizing a financial rescue package for the country by the end of the month.
Representatives from the European Commission, the
By KAREN MATTHEWSAssociated Press
NEW YORK (AP) - Some family members of victims killed in the Sept. 11 terror attacks said Wednesday that they are outraged by the Transportation Security Administration's decision to let passengers carry pocketknives on planes.
TSA Administrator John Pistole