Business News

AP News - 5 minutes ago

TOKYO (AP) — The price of oil rebounded Thursday on worries about tensions in Ukraine.U.S. crude for May delivery added 31 cents to close at $101.75 a barrel on the New York Mercantile Exchange. On Wednesday, it fell by about the same amount.

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AP News - 18 minutes ago

MUNICH (AP) — Formula One boss Bernie Ecclestone went on trial Thursday in a bribery case that could threaten the 83-year-old's grip on the sport.He is accused of bribery and incitement to breach of trust, and could face up to 10 years in prison ...more

AP News - 27 minutes ago

AMSTERDAM (AP) — Unilever PLC, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, said Thursday that the stronger euro dented its revenues in the first quarter of the year.In a trading update, the company said sal ...more

AP News - 41 minutes ago

STOCKHOLM (AP) — Volkswagen has come closer to realizing its ambition to takeover Scania after the fourth largest shareholder in the Swedish truck maker announced it will accept the 6.7 billion-euro ($9.2 billion) bid.Fund manager Swedbank Robur ...more

AP News - 1 hour ago

NEW YORK (AP) — Financial markets rarely stick to the script, and this year is no different.Investments traditionally considered safe bets such as utilities, gold and government bonds were supposed to flop in 2014 as investors started to pour mo ...more

AP News - 1 hour ago

AMSTERDAM (AP) — Heineken NV says it has returned to growth in its crucial Western Europe market in the first quarter, after a long period of stagnation. Organic sales — a figure which strips out the effects of currencies and acquisitions — grew by 3.4 ...more

AP News - 3 hours ago

OPAL, Wyo. (AP) — Residents and emergency crews were waiting for a fire to burn itself out after an explosion at a natural gas processing plant in a small town in southwestern Wyoming.No injuries were reported in the explosion Wednesday in Opal, ...more

AP News - 4 hours ago

BEIJING (AP) — China's government says it will open 80 projects in eight state-run industries to private and foreign investors as part of efforts to make its slowing economy more productive.The announcement late Wednesday is the latest in a seri ...more

AP News - 5 hours ago

OPAL, Wyo. (AP) — A small town in southwest Wyoming was evacuated Wednesday after an explosion and fire at a natural gas processing facility and major national pipeline hub. There were no reports of injuries.The gas has been shut off, but people ...more

AP News - 7 hours ago

TOKYO (AP) — Asian shares lacked a clear direction in early Thursday trading as players took a mostly wait-and-see view ahead of talks between Japan's prime minister and visiting President Barack Obama.Adding to the mixed view was the fall on Wa ...more