Business News

AP News - 50 minutes ago

WASHINGTON (AP) — The federal agency that insures company pensions for more than 40 million Americans says its top official is resigning.Joshua Gotbaum, a former investment banker, was appointed by President Barack Obama as director of the Pensi ...more

AP News - 1 hour ago

TOKYO (AP) — A strong earthquake hit Japan's northern coast near the nuclear power plant crippled in the 2011 earthquake and tsunami. The earthquake early Saturday triggered a small tsunami and injured at least one person.Japan's Meteorological ...more

AP News - 3 hours ago

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by one this week to 1,875.The Houston firm said in its weekly report Thursday that 1,563 rigs were exploring fo ...more

AP News - 3 hours ago

DALLAS (AP) — Federal officials say that a Georgia man posed as an airline employee to score cheap travel and resold the tickets for thousands of dollars.The U.S. Attorney's Office in Los Angeles said that 37-year-old Gilbert Myers Jr. of Atlant ...more

AP News - 4 hours ago

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:NYSEMGIC Investment Corp. (MTG), down 88 cents to $8.36The mortgage-insurer said its available asse ...more

AP News - 4 hours ago

DES MOINES, Iowa (AP) — Rain that has washed out portions of fields in several corn-growing states prompted the government to lower its estimate of this year's corn crop size, but soybean fields may actually produce more than earlier expected, the U.S. ...more

AP News - 5 hours ago

Soybean contracts are settling at their lowest price in nearly four years after a government report bolstered expectations for ample supplies.In a report Friday, the U.S. Department of Agriculture estimates that this season's soybean harvest cou ...more

AP News - 5 hours ago

More than 30,000 power adaptors for cellphones have been recalled because they can overheat and pose a burn hazard. Other recalled items include charging kits that pose a fire hazard.Here's a more detailed look:POWER ADAPTOR/CHARGER

...more

AP News - 6 hours ago

The price of oil plunged 2 percent Friday, the largest one-day drop since April, as Libyan oil appears poised to return to the market while global demand looks to be muted.Benchmark U.S. crude for August delivery fell $2.10 cents to close at $10 ...more

AP News - 7 hours ago

RIO DE JANEIRO (AP) — The most valuable and expensive World Cup ever will earn billions of dollars for FIFA, millions for the competing countries and thousands for the more than 700 players selected.From its near $4.5 billion in revenue from bro ...more