Business News

AP News - 2 hours ago

TEHRAN, Iran (AP) — Iran inaugurated a new plant Saturday to convert a type of uranium into a material that cannot be used to make nuclear weapons as part of its interim atomic deal with world powers, its official news agency reported.The report ...more

AP News - 4 hours ago

BERLIN (AP) — A union representing Lufthansa's pilots is threatening a new round of strikes in a long-running dispute over wages and early retirement benefits.The Vereinigung Cockpit union says in a statement it may order pilots to strike "start ...more

AP News - 9 hours ago

WASHINGTON (AP) — Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007. ...more

AP News - 14 hours ago

SALEM, Ore. (AP) — The state of Oregon filed a lawsuit Friday against Oracle America Inc. and several of its executives over the technology company's role in creating the troubled website for the state's online health insurance exchange.The laws ...more

AP News - 18 hours ago

CHICAGO (AP) — Grain futures were higher Friday on the Chicago Board of Trade.Wheat for Dec delivery rose 6.75 cents to $5.6225 a bushel; Dec corn was 2.5 cents higher at 3.715 a bushel; Dec oats were up 7 cents to $3.5525 a bushel; while Nov so ...more

AP News - 18 hours ago

About 2.2 million bean bag chairs are being recalled following the deaths of two children who suffocated after they crawled inside the chairs. Other recalled products include convertible cribs with a defect that can create a hazardous gap.Here's ...more

AP News - 18 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. fell 17 this week to 1,896.The Houston firm said Friday in its weekly report that 1,564 rigs were exploring for oil ...more

AP News - 18 hours ago

FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi said Friday the bank is ready to do more to boost the shaky recovery in the 18 countries that use the euro — but warns governments must join in efforts to reduce stubbornly high unemploy ...more

AP News - 19 hours ago

MEXICO CITY (AP) — Mexico is now launching a special 5,000-strong police force to combat industrial, farm and business crime.Extortions, kidnapping and theft have extended far throughout Mexico's economy, strangling commerce in some regions. ...more

AP News - 21 hours ago

MOLINE, Ill. (AP) — Agricultural equipment maker Deere is laying off about 460 employees indefinitely from an Iowa tractor factory as it continues to adjust to market demand.The Moline, Illinois, company said Friday that the latest round of layo ...more