Business

Oil price lower after 4-day rise

NEW YORK (AP) — A four-day rise in oil prices stalled Wednesday following a weak report on Chinese manufacturing and lingering concerns about Greece’s bailout.

Home sales jump more than 4 percent in January

WASHINGTON (AP) — Sales of previously occupied homes rose in January to the highest pace in nearly two years, a hopeful sign ahead of the spring-buying season.

Understanding Greece's bond swap deal

Greece has struck a vital debt relief deal with representatives of private investors to avoid a disastrous default. Here are some questions and answers about the agreement.

Greece secures bailout to avoid debt default

Greece won a second massive financial bailout in the early hours of Tuesday morning when its partners in the 17-country eurozone finally stitched together a €130 billion ($170 billion) rescue, meant to avoid a potentially disastrous default and secure the euro currency.

For boomers, it's a new era of 'work til you drop'

When Paula Symons joined the U.S. workforce in 1972, typewriters in her office clacked nonstop, people answered the telephones and the hot new technology revolutionizing communication was the fax machine.

Company suing Apple over iPad name open to talks

The lawyer for a Chinese company suing Apple Inc. in China over its use of the iPad trademark indicated Tuesday that his client would be willing to discuss a settlement.

Texas agency likely to cut water to rice farms

Five generations of Ronald Gertson's family have tilled the claylike soil of southeast Texas to grow rice, confident that no matter how fickle Mother Nature was, there would be one constant: water to irrigate their crop. Until now.

CEOs' clash roils company behind comic hero Archie

The past three years have been upbeat ones for Archie, the everyteen hero of one of America's most enduring comics. But behind the scenes, a bitter and sometimes bizarre feud has brewed at the company that produces the more than 70-year-old comic.

Oil jumps to 9-month high after Iran cuts supply

Oil prices jumped to a nine-month high above $105 a barrel on Monday after Iran said it halted crude exports to Britain and France in an escalation of a dispute over the Middle Eastern country’s nuclear program.

Missouri officials more cautious after Mamtek failure

Five months ago, the failure of a sweetener factory project in a northern Missouri town sent a jolt through the state's small towns about the risk of putting money into startup companies. Now, small cities across the state are trying to learn from Moberly's mess.

Can the stock market pick the next president?

The number has been repeated so often by presidential prognosticators that it's an article of faith: No president has been re-elected since World War II with an unemployment rate higher than 7.2 percent. But the stock market turns out to be a pretty good predictor, too.

A look at how some IPO stocks have fared

Facebook has filed paperwork for an initial public offering of stock. Its public debut will be the most anticipated tech IPO since Google went public in August 2004.

Caterpillar plant latest in string of wins for Ga.

The $200 million Caterpillar manufacturing plant set to open in northeast Georgia next year is the latest in a string of economic development victories for Georgia officials.

Wynn Resorts buys out biggest stakeholder

Wynn Resorts Ltd. is looking to sever ties with its biggest stakeholder and one-time ally.

Nationwide gas prices are highest ever for this time of year

Gasoline prices have never been higher this time of the year.

Youth shaping future of online TV, movies, music

Young people want their music, TV and movies now — even if it means they get these things illegally.

Soldier lawsuit: Iraq War ended before deployment

An insurance company that denied benefits to a military veteran faces a federal lawsuit that argues its reasoning was groundless because the U.S. wasn’t at war with Iraq in 2008.

Main lender of Hooters in Vegas to become owner

The main debt holder of Hooters hotel-casino in Las Vegas will become the resort’s new owner after a bankruptcy auction drew no outside bidders.

Blair Mountain defenders protest in W.Va., Mo.

Activists trying to save the Blair Mountain battlefield from coal mining protested Friday in West Virginia and Missouri, at the offices of two companies that control access to much of the land where unionizing coal miners fought authorities in 1921.

Johnson & Johnson recalls infant Tylenol

Recall-plagued Johnson & Johnson is pulling all infant Tylenol off the U.S. market because some parents have had problems with redesigned bottles, introduced three months ago, that the company touted as a big safety improvement to make measuring doses easier.

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