National
Stocks fall on Europe worries
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- Published on 05/18/2012 - 2:11 pm
- Written by JOSHUA FREED, AP Business Writer
It's going to take more than Facebook's initial public offering to push the stock market higher.
EPA: Mining could affect quality of water, fish
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- Published on 05/18/2012 - 12:29 pm
- Written by BECKY BOHRER, Associated Press
(AP) — Failure of a large-scale mine planned near the headwaters of one of the world's premier salmon fisheries in Alaska could wipe out or degrade rivers and streams in the region for decades, the U.S. Environmental Protection Agency said in a draft watershed assessment released Friday.
Expect lower gas prices heading into Memorial Day
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- Published on 05/18/2012 - 12:21 pm
- Written by SANDY SHORE, AP Business Writer
If you're lucky enough to live in some parts of the United States, you may see gas pump prices fall to around $3.25 a gallon or less in the next week or two. Even West Coast drivers should get some relief from prices that are still above $4 a gallon.
FAA to reopen fatigue rules for cargo pilots
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- Published on 05/18/2012 - 9:26 am
- Written by JOAN LOWY, Associated Press
(AP) — The Federal Aviation Administration made "errors" when it exempted cargo airlines from rules to prevent pilot fatigue and will revisit the issue, Justice Department attorneys representing the agency said in a court motion.
Unemployment rates fall in two-thirds of US states
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- Published on 05/18/2012 - 9:07 am
- Written by CHRISTOPHER S. RUGABER, AP Economics Writer
(AP) — Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.
Congressional GOP pushes for action on taxes
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- Published on 05/17/2012 - 3:48 pm
- Written by ALAN FRAM, Associated Press
(AP) — Republican lawmakers intensified their efforts on Thursday to get quick congressional action on heading off automatic tax increases and revamping the federal action on the tax code.
US gov't sets stiff tariffs on China solar panels
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- Published on 05/17/2012 - 2:55 pm
- Written by MATTHEW DALY, Associated Press
(AP) — The Obama administration moved Thursday to impose stiff new tariffs on solar panels made in China, finding that Chinese companies are improperly flooding the U.S. market with government-subsidized products.
Postal Service to begin closing plants this summer
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- Published on 05/17/2012 - 10:58 am
- Written by HOPE YEN, Associated Press
(AP) — The nearly bankrupt U.S. Postal Service is moving ahead with plans to close dozens of mail processing centers, saying on Thursday it can no longer wait as Congress remains deadlocked over how to help.
Sears spins off Canada stake to focus on US stores
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- Published on 05/17/2012 - 9:15 am
- Written by Associated Press
(AP) — Sears Holdings Corp. said Thursday it returned to a profit in the first quarter as it benefitted from a gain on the sale of underperforming stores. The troubled retailer also said it would spinoff a stake in its Canada unit to focus on turning around its U.S. business.
Stocks fall; Dow has its 11th loss in 12 days
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- Published on 05/17/2012 - 8:51 am
- Written by PALLAVI GOGOI, AP Business Writer
(AP) — The Dow Jones industrial average posted its 11th loss in 12 days after a pair of discouraging economic reports unnerved investors already worried about a possible exit from the euro by Greece.
