Business News

AP News - May 22, 2015 1:22 PM

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 885.Houston-based Baker Hughes said Friday that 659 rigs were seeking oil and 222 exp ...more

AP News - May 22, 2015 1:14 PM

TOKYO (AP) — Toyota vowed to help pinpoint the cause of a defect in air bags used in more than 50 million vehicles worldwide, saying the auto industry risks losing the trust of car buyers if the problem drags on unresolved.The air bags, made by ...more

AP News - May 22, 2015 12:37 PM

CONAKRY, Guinea (AP) — Relatives of Ebola victims are transporting their bodies on public transportation in Guinea, seating the corpses upright between other passengers to skirt health controls and contributing to the spread of the deadly disease here, ...more

AP News - May 22, 2015 12:07 PM

NEW YORK (AP) — Expedia sold its entire stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million.The news sent shares of the online travel company up more than 5 percent in midday trading Friday. ...more

AP News - May 22, 2015 11:21 AM

MOLINE, Ill. (AP) — Solid sales of its construction equipment offset a global agricultural slowdown for Deere, the company said Friday. It also raised its outlook for the year and its shares rose nearly 4 percent Friday.Deere's most profitable b ...more

AP News - May 22, 2015 10:54 AM

THE HAGUE, Netherlands (AP) — The Dutch government said Friday it will sell off ABN Amro bank in phases beginning later this year, seven years after the state took it over to prevent its collapse during the global financial crisis.Prime Minister ...more

AP News - May 22, 2015 10:53 AM

CHICAGO (AP) — Grain futures were lower Friday in early trading on the Chicago Board of Trade.Wheat for July delivery was unchanged at $5.22 a bushel; July corn was 2.75 cents lower at $3.6225 a bushel; July oats were unchanged at $2.4425 a bush ...more

AP News - May 22, 2015 10:45 AM

CINCINNATI (AP) — Frisch's Big Boy restaurants are being sold to a private equity fund, the company announced Friday, ending family ownership of the Cincinnati-based chain that dates to a 1939 drive-thru.Frisch's Restaurants Inc. said NRD Partne ...more

AP News - May 22, 2015 10:10 AM

BEIJING (AP) — Malaysia has begun searching for thousands of boat people believed stranded in the Andaman Sea. From a hemisphere away in Washington, the U.S. said it will send navy planes. Even the small African nation of Gambia has offered help, sayin ...more

AP News - May 22, 2015 9:06 AM

GOLETA, Calif. (AP) — Images of sticky black beaches and stories of the stink of oil from a broken coastal pipeline shouldn't force canceled plans for the vast majority of tourists planning ocean vacations in California.People who had immediate ...more