May 24, 2013
Business News
Associated Press
The price of oil plunged below $100 per barrel for the first time in more than two months after a weak U.S. jobs report. Motorists hope a drop in gasoline prices will follow.
Jobs report sends oil to biggest drop in 3 months
NEW YORK — The price of oil suffered its biggest one-day decline in nearly three months Friday, falling below $100 per barrel for the first time since February. A drop in gasoline prices can’t be f...
May 06, 2012 | 0 0 comments | 4 4 recommendations | email to a friend
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US stocks fall after conflicting economic reports
Wall Street gnawed on a muddle of economic data and corporate earnings news Thursday, then sent stock indexes lower for a second day. Disappointing April sales results from big retailers set the...
May 04, 2012 | 0 0 comments | 3 3 recommendations | email to a friend
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Associated Press
A sign advertises a pending residential real estate sale. The economy's recovery is looking better but still has room for improvement.
US economy recovering but isn’t yet accelerating
WASHINGTON — The U.S. economy’s recovery looks enduring. It’s just not very strong. Hiring, housing, consumer spending and manufacturing all appear to be improving, yet remain less than healthy....
May 04, 2012 | 0 0 comments | 4 4 recommendations | email to a friend
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German court rules for Motorola on patents
BERLIN — A court in Germany ruled Wednesday that Microsoft infringed two patents held by Motorola, in a case that could affect sales of its popular Xbox 360 console and the Windows 7 operating syst...
May 03, 2012 | 0 0 comments | 2 2 recommendations | email to a friend
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Sears execs say stores financially strong
HOFFMAN ESTATES, Ill. — Sears executives tried Wednesday to ease concerns about the troubled retailer’s long-term outlook amid ever-sinking sales, emphasizing the company’s financial strength, incr...
May 03, 2012 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press
"The Scream" by Edvard Munch, arguably one of the art world's most recognizable images, sold Wednesday for a record $119,922,500 by Sotheby's in New York City.
‘The Scream’ fetches record bid
NEW YORK — One of the art world’s most recognizable images — Edvard Munch’s “The Scream” — sold Wednesday for a record $119,922,500 at auction in New York City. The 1895 artwork — a modern symbo...
May 03, 2012 | 0 0 comments | 3 3 recommendations | email to a friend
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Midwest economic survey suggests growing strength
OMAHA, Neb. — The economy appears to be improving in nine Midwest and Plains states because of the strength of manufacturing and agricultural businesses, according to a survey of business leaders r...
May 02, 2012 | 0 0 comments | 2 2 recommendations | email to a friend
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Associated Press
George Zartuche yells Tuesday at a driver turning into the main entrance to the Caterpillar plant in Joliet,. Ill., as members of the International Association of Machinists and Aerospace Workers strike outside the plant.
Union workers strike at Caterpillar
JOLIET, Ill. — About 800 union workers who rejected Caterpillar Inc.’s latest contract offer walked off the job Tuesday at a plant in Joliet. Workers with picket signs lined up outside the plant...
May 02, 2012 | 0 0 comments | 1 1 recommendations | email to a friend
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Sears anticipates returning to profit in first quarter
HOFFMAN ESTATES, Ill. — Sears Holdings Corp.’s stock jumped Tuesday after the retailer said it expects to post a first-quarter profit because of a large gain from the sale of some U.S. and Canadian...
May 02, 2012 | 0 0 comments | 1 1 recommendations | email to a friend
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US factory growth shows economy now more resilient
WASHINGTON — U.S. manufacturing grew last month at the fastest pace in 10 months, suggesting that the economy is healthier than recent data had indicated. New orders, production and a measure of...
May 02, 2012 | 0 0 comments | 3 3 recommendations | email to a friend
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