The latest news on business
NEW YORK (AP) — The price of gasoline has dropped to the lowest level in five months, giving motorists some relief ahead of the July 4 holiday.
WASHINGTON (AP) — Home prices rose in nearly all major U.S. cities in April from March, further evidence of a housing market that is slowly improving even while the job market slumps.
NEW YORK (AP) — Hearst Corp. board chairman George Randolph Hearst Jr., the oldest grandson of the media titan William Randolph Hearst, died Monday, the company said. Hearst was 84.
ATLANTA (AP) — Would you go to a drugstore to get tested for AIDS?
WASHINGTON (AP) — An international group of economists is recommending that the United States adopt policies that would make higher-income Americans pay more in taxes to help boost the U.S. economy.
BOCA RATON, Fla. (AP) — Communications tower operator SBA Communications Corp. is buying 3,252 towers in a cash-and-stock deal valued at about $1.45 billion.
BANGKOK (AP) — World stock markets traded sluggishly Tuesday as more bad news about Spain's banks rattled investors ahead of a European summit on the region's debt crisis and economic malaise.
YOKOHAMA, Japan (AP) — Nissan Chief Executive Carlos Ghosn said Tuesday the automaker needs to conserve cash despite its quick recovery from a year of disasters as the global economic outlook is highly uncertain.
DUBAI, United Arab Emirates (AP) — Government-owned energy companies in Oman and the United Arab Emirates are launching a joint venture to build an oil refinery and petrochemical complex in a port town on Oman's Arabian Sea coast.
Spain's battered banks have taken another hit, this time in the form of a sweeping downgrade by Moody's.