May 24, 2013
Business News
Associated Press
Oil can be seen in 2010 in the Gulf of Mexico as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig. BP is warning investors of increased costs resulting from the oil spill settlement.
BP warns of costs from settlement
NEW ORLEANS — BP is warning investors that the price tag will be “significantly higher” than it initially estimated for its multibillion-dollar settlement with businesses and residents who claim th...
Mar 10, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press
Workers walk out of an American Steel Foundries plant in Granite City, Ill., where at least 10 people were injured, three critically, in an explosion inside the plant Thursday morning.
Hospital: 3 critically hurt in blast at Illinois plant
ST. LOUIS — At least 10 people were injured, including three critically, in an explosion Thursday at a steel castings plant in southwestern Illinois, officials said. The blast happened shortly a...
Mar 08, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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House stalls new tax exemptions for churches
PHOENIX — An effort to broaden tax exemptions for religious organizations is facing bipartisan opposition in the Arizona House of Representatives. House leaders moved to stall a vote Thursday on...
Mar 08, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Fed says 17 of 18 top banks are stronger
WASHINGTON — All but one of the nation’s 18 largest banks are more prepared to withstand a severe U.S. recession and a global downturn than at any time since the 2008 financial crisis, the Federal ...
Mar 08, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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MetLife shifts 2,600 jobs to North Carolina
RALEIGH, N.C. — Insurance giant MetLife Inc. said Thursday it will move 2,600 jobs from offices in four Northeast states and California to lower-cost locations in two North Carolina cities, while a...
Mar 08, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press
Martha Stewart arrives at court Tuesday in New York. Macy's Inc. is suing the media and merchandising company Stewart founded for breaching an exclusive contract when she signed a deal with J.C. Penney in December 2011 to open shops at most of its stores this spring.
Stewart denies wrongdoing in deal
NEW YORK — Home decor and food guru Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open shops within most of J.C. Penney’s stores across the...
Mar 06, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Natural gas vehicles making inroads
DETROIT — Ford Motor Co. said Tuesday it sold a record 11,600 natural gas vehicles in its 2012 model year, more than triple the number it sold in 2010. It’s the latest sign that natural gas is m...
Mar 06, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Dow surges to record high ... and keeps going
NEW YORK — The Dow Jones industrial average closed at an all-time high Tuesday, beating the previous record it set in October 2007, before the financial crisis and Great Recession. The Dow rose ...
Mar 06, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Republicans unveil government measure
WASHINGTON — Republicans controlling the House moved Monday to give the Pentagon more money for military readiness while easing the pain felt by such agencies as the FBI and the Border Patrol from ...
Mar 05, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Stocks are good buy; ketchup is forever
Warren Buffet says stocks are a good investment, long-term government bonds are a dumb one, and ketchup is forever. The billionaire investor covered a range of topics in a CNBC interview on Mond...
Mar 05, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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