Business News

AP News - 9 hours ago

LAGOS, Nigeria (AP) — Nigerian airlines grounded flights Saturday and radio stations were silenced as a months-long fuel shortage aggravated by striking oil tanker drivers worsened in Africa's biggest oil producer.Vehicles also were grounded. No ...more

AP News - 12 hours ago

WASHINGTON (AP) — About 162,000 trailer hitches sold at U-Haul outlets are being recalled because of weak steel that could cause the parts to break.The recall, announced Saturday, covers two types of hitches made by Wisconsin-based Curt Manufact ...more

AP News - 13 hours ago

TORONTO (AP) — BlackBerry says it is laying off an unspecified number of employees globally as it makes changes to the operations responsible for making its smartphones.The Waterloo, Ontario-based company said in a statement Saturday that the jo ...more

AP News - 13 hours ago

SINTRA, Portugal (AP) — What's behind Europe's sluggish recovery and high jobless rate? What can central banks and governments do to get things going?The European Central Bank convened prominent economists this week to probe those questions at t ...more

AP News - 14 hours ago

LIMA, Peru (AP) — Peru's government said it was suspending civil liberties in a southern coastal valley after a fourth death in violent protests against a Mexican-owned copper mining project.Cabinet chief Pedro Cateriano said the 60-day emergenc ...more

AP News - 14 hours ago

NEW ORLEANS (AP) — A fire that burned for more than a day on an oil production platform off Louisiana's coast was extinguished early Saturday, the Coast Guard said.The fire was on a platform in Breton Sound near environmentally delicate barrier ...more

AP News - 17 hours ago

INDIANAPOLIS (AP) — They call the Indianapolis 500 "The Greatest Spectacle in Racing" for its high speeds, rich history, enormous crowd and the take-your-breath-away competition.This year, IndyCar is hoping the 99th running of the event won't be ...more

AP News - 17 hours ago

ATHENS, Greece (AP) — Greece is ready to accept a "viable and long-lasting" deal with lenders but not on "humiliating terms," Prime Minister Alexis Tsipras told his ruling Syriza party on Saturday.Syriza's first four months in power have been do ...more

AP News - 19 hours ago

WASHINGTON (AP) — If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy.It hasn't worked out that way.The economy is thought to have shrunk in the January- ...more

AP News - 19 hours ago

DETROIT (AP) — Eleven automakers are expected next week to reveal which models are being added to a massive recall of air bags made by Takata Corp.On Tuesday, the U.S. National Highway Traffic Safety Administration announced a deal with Takata t ...more