Markets

  • Oil near $102 on Egypt protests, US demand outlook
    Oil-rises1 2013-07-03 07:09:49 UTC
    BANGKOK (AP) — The price of oil neared $102 a barrel Wednesday for the first time since May last year as Egypt's political crisis intensified, raising the risk of fuel supply disruptions. Benchmark crude for August delivery was up $2.07 to $101...
  • Natural gas prices up 5 pct. on production report
    Natural_gas 2012-04-30 20:56:35 UTC
    NEW YORK (AP) — The price of natural gas jumped by nearly 5 percent Monday after government data showed that producers are making good on promises to cut supplies. Chesapeake Energy Corp., ConocoPhillips and Encana Corp. have each said that the...
  • Energy Transfer Partners to buy Sunoco for $5.3B
    151696980 2012-04-30 20:29:35 UTC
    NEW YORK (AP) — Energy Transfer Partners is buying Sunoco in a $5.3 billion deal that creates one of the more diverse pipeline companies in the country. The acquisition includes nearly 8,000 miles of pipeline, as well as 4,900 gas stations in 2...
  • US consumer spending slowed in March, income rose
    05869cbfd5544efea6e80137f5fd1968-5180ef47fee64699b56f5f6d656e43dd-0 2012-04-30 20:11:08 UTC
    WASHINGTON (AP) — Americans increased their spending more slowly in March, suggesting some are worried that their paychecks aren't growing fast enough. The Commerce Department said Monday that consumer spending increased just 0.3 percent last m...
  • Asia stocks rise on hopes of new Fed stimulus move
    0 2012-04-30 05:13:57 UTC
    BANGKOK (AP) — Asian stock markets rose Monday in holiday-thinned trade as sluggish U.S. growth figures boosted hopes for more measures from the Federal Reserve to help the world's No. 1 economy. South Korea's Kospi added 0.2 percent to 1,980.2...
  • UK's Cameron: No pact with Murdoch over takeover
    628x471 2012-04-29 18:43:37 UTC
    LONDON (AP) — Prime Minister David Cameron acknowledged Sunday that he wooed Rupert Murdoch as he attempted to win power in Britain, but insisted he never struck a tit-for-tat deal to support the media mogul's business dealings in return for favor...
  • Natural gas prices rise; oil declines slightly
    Icjxv2ofpb9y 2012-04-27 15:59:12 UTC
    Natural gas is rising as cooler weather and production cuts are raising expectations that demand may improve. Natural gas rose 2.1 cents to $2.147 per 1,000 cubic feet Friday in early trading. Last week the price dropped to the lowest level in ...
  • Gasoline prices continue to creep lower
    Arco 2012-04-26 20:16:08 UTC
    NEW YORK (AP) — Retail gasoline prices continued their surprising spring slide Thursday, dropping a penny to $3.83 per gallon. It's the 10th straight day of declines for the national average retail price. Pump prices are 4 cents lower than they...
  • APNewsBreak: Burger King makes cage-free promise
    4f9811aadab8f.image 2012-04-25 17:58:14 UTC
    The movement by U.S. food corporations toward more humane treatment of animals experienced a whopper of a shift Wednesday when Burger King announced that all of its eggs and pork will come from cage-free chickens and pigs by 2017. The decision ...
  • Poor economy worsens Social Security's finances
    Timothy_geithner 2012-04-23 18:42:41 UTC
    WASHINGTON (AP) — High energy prices and an economy that has been slow to rebound are worsening Social Security's finances, shortening the life of the trust funds that support program by three years, the government said Monday. Those trust fund...
  • US stocks slide on economic tremors from Europe
    Getty_091911_stockdown 2012-04-23 14:09:55 UTC
    NEW YORK (AP) — Stocks are opening sharply lower with new worries about Europe's health. Reports out of Europe Monday showed government debt continues to pile up despite severe budget cuts that have led to unrest across the continent. The Do...
  • U.S. regulators approve Cheniere LNG export plant
    Show-of-hands 2012-04-17 00:34:05 UTC
    (Reuters) - U.S. regulators on Monday approved the country's first liquefied natural gas export plant in nearly 50 years, which will open up cheap and abundant American supplies to importers across the globe. The Federal Energy Regulatory Commi...
  • China gives currency more freedom with new reform
    C31245d6b5949cecf787fff122c0-grande 2012-04-14 05:24:12 UTC
    BEIJING (Reuters) - China took a milestone step in turning the yuan into a global currency on Saturday by doubling the size of its trading band against the dollar, pushing through a crucial reform that further liberalizes its nascent financial mar...
  • Sony sees record $6.4 billion loss on tax hit
    Sony 2012-04-10 19:08:01 UTC
    TOKYO (Reuters) - Japan's Sony Corp flagged a record $6.4 billion annual net loss, double an earlier forecast and a fourth straight year of red ink, as it writes off deferred tax credits, heaping more pressure on its new CEO to turn around the ele...
  • Iran cuts oil to Spain ahead of nuclear talks
    Oil_2144577b 2012-04-10 20:34:28 UTC
    DUBAI (Reuters) - Iran has cut oil exports to Spain and may halt sales to Germany and Italy, Iran's English-language state television reported on Tuesday, in an apparent move to strengthen its position ahead of crucial talks with world powers late...
  • Chevron finds leak in offshore Petrobras oil field
    Brazil-oil-leak-unrelated-to-frades-production-chevron-says 2012-04-10 04:31:40 UTC
    RIO DE JANEIRO (Reuters) - U.S. oil company Chevron discovered an oil seep in an offshore Brazilian oil field run by Petrobras near the site of a November leak that led to civil and criminal charges and sparked concerns about some of the world's m...
  • Anti-poverty group ONE pushes for G8 food deal
    G8responses 2012-04-10 04:08:02 UTC
    OKLAHOMA CITY (Reuters) - Two white men accused of shooting five black people in Tulsa, Oklahoma, killing three of them, have confessed to authorities, media reports said on Monday, citing police and court documents. Jake England, 19, has admit...
  • U.S. should lead to end World Bank tradition: Nigerian finance minister
    Africa-nigeriaimf-20120213 2012-04-10 02:42:52 UTC
    WASHINGTON (Reuters) - The United States should take the lead and break the long tradition of an American always heading the World Bank, Nigerian finance minister and a nominee for the top post Ngozi Okonjo-Iweala said on Monday. Speaking after...
  • Shares fall on sluggish U.S. jobs, focus on more data
    R 2012-04-09 06:46:27 UTC
    TOKYO (Reuters) - Asian shares fell on Monday as a sharp slowdown in U.S. jobs growth raised concerns about the strength of the world's largest economy, making investors cautious ahead of more U.S. data and earnings as well as figures from China d...
  • Heavy rains have closed some of Northern California's Marin County schools
    With_heavy_rain_some_of_the_northern_california's_marin_county_schools_are_closed 2017-02-09 22:32:58 UTC
    Mill Valley - Dozens of schools in flood-prone areas throughout Marin County are closed Thursday in advance of another storm expected to wallop the area, officials said. In all, 40 public schools and 13 private ones were announced as closed just ...
  • Mike Flynn Seeks Immunity To Testify
    President_barack_obama-1 2017-03-31 03:01:29 UTC
    <blockquote><h2>Former national security adviser may know details of Russia ties</h2> <h3>President Donald Trump’s former national security adviser Michael Flynn is reportedly willing to testify about the Trump team’s ties with Russia in exchan...
  • Romney criticizes Biden on consulate attack
    Rising_sea_levels_amid_hurricane_threats 2012-10-13 04:17:53 UTC
    RICHMOND, Va. (AP) — Broadening his attack on administration foreign policy, Mitt Romney accused Vice President Joe Biden on Friday of "doubling down on denial" in a dispute over security at a diplomatic post in Libya that was overrun by terrorist...
  • EU sent inspectors to examine Spain deficit figures
    Gunfire_erupted_inside_a_packed_nightclub_in_cincinnati__ohio 2012-03-13 17:10:08 UTC
    Inspectors from the European Commission have been in Spain to evaluate its 2011 budget deficit after the numbers came in much higher than expected, the EU executive said on Friday. Spain said at the end of February that its budget deficit was 8....