More Business Articles

  • Minnesota Pipe Line seeks to expand capacity

    MINNEAPOLIS (AP) — Minnesota Pipe Line Co. announced plans Thursday to nearly double the capacity of a crude oil pipeline that carries oil from Canada and North Dakota to the two refineries in the Twin Cities that produce most of Minnesota's and much of Wisconsin's transportation fuels. The...

  • Facebook rolls out location-sharing feature

    NEW YORK (AP) — Facebook users in the U.S. will soon be able to see which of their friends are in close proximity using a new feature the company is launching on Thursday. Called "Nearby Friends," the optional tool will only be available to people who choose to turn it on. The feature uses...

  • 2 ex-Anglo Irish Bank directors convicted of fraud

    DUBLIN (AP) — Two former executives of Anglo Irish Bank were found guilty Thursday of committing fraud in a loans-for-shares scandal — the first convictions to stem from a banking crisis that brought Ireland to the brink of national bankruptcy. After an 11-week trial, a jury found that...

  • Auto company will expand operations in Michigan

    ORION TOWNSHIP, Mich. (AP) — An international automotive company is investing $15.3 million to expand its business in Oakland County. Gov. Rick Snyder says the expansion of Fuyao Automotive North America in Orion Township will create 102 full-time jobs. The company currently provides...

  • US sending nonlethal aid to Ukraine military

    WASHINGTON (AP) — The U.S. will send medical supplies, helmets and other nonlethal aid to the Ukrainian military in response to Russia's "dangerously irresponsible" efforts to destabilize the country, Defense Secretary Chuck Hagel said Thursday. Hagel told a Pentagon news conference that he...

  • Colorado economic indicators seen as positive

    DENVER (AP) — Unemployment was down and wages and personal income up in Colorado in the first three months of 2014, according to a report released Thursday by Colorado's secretary of state. The head of the research division at the University of Colorado's Leeds School of Business, which...

  • GE 1Q earnings fall, outlook strong

    NEW YORK (AP) — General Electric's new focus on oil and gas equipment helped the company to post strong first-quarter results. GE posted lower overall first-quarter net income than a year ago, but that's only due to the sale of NBC Universal during that period. The company said Thursday that...

  • Union Pacific railroad's 1Q profit up 14 percent

    OMAHA, Neb. (AP) — The harsh winter didn't keep Union Pacific railroad from delivering 14 percent higher quarterly profit as it hauled more agricultural, industrial and coal shipments. The Omaha, Neb., based railroad said Thursday that it generated $1.09 billion in net income, or $2.38 per...

  • Taxi app Uber faces ban in Berlin

    BERLIN (AP) — Ride-hailing app Uber could face a ban in the German capital after the head of the Berlin Taxi Association convinced a local court that the company's service breaks the law. Berlin's regional court last week ruled that the limousines Uber users can call are illegally cruising...

  • Italy again pushes back balanced budget goal

    ROME (AP) — Italy has again pushed back its balanced-budget goal, now aiming for 2016. Finance Minister Pier Carlo Padoan wrote to the European Commission this week, saying that because of Italy's stubborn economic crisis, it's now aiming for a balanced structural budget in 2016. In 2011,...

  • Bailed-out Cyprus to test bond market in June

    NICOSIA, Cyprus (AP) — Bailed-out Cyprus says it will issue six-year government bonds every month starting in June as a first step to returning more permanently to international markets after a three-year absence. Investor interest in European government debt has risen in recent months,...

  • California health insurance sign-ups exceed projections; nearly 1.4 million consumers enrolled

    SACRAMENTO, Calif. (AP) — California health insurance sign-ups exceed projections; nearly 1.4 million consumers enrolled.

  • US sanctions government official in Zimbabwe

    WASHINGTON (AP) — The Treasury Department is sanctioning a government official and others in Zimbabwe for allegedly undermining democracy in the southern African nation. The department announced Thursday that it has sanctioned Tobaiwa (toh-BY'-wah) Mudede (MOO'-deh-deh), a well-known and...

  • Overall index up in rural Midwest banker survey

    OMAHA, Neb. (AP) — The overall index for an economic survey of bankers in 10 Midwestern and Plains states has risen for a second consecutive month, suggesting more growth in the months ahead. The Rural Mainstreet Index hit 53.2 in April, compared with 50.1 in March. The survey indexes range...

  • US average rate on 30-year home loan 4.27 percent

    Average U.S. rates on fixed mortgages fell for the second straight week as the spring home-buying season begins.



From the Weekly Standard

  • Kristol Podcast: The GOP's Prospects in 2014 & 2016

    THE WEEKLY STANDARD Podcast with editor William Kristol on the GOP's prospects in 2014 and 2016. This podcast can be downloaded here . Subscribe to THE WEEKLY STANDARD's iTunes podcast...

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  • Monotony Motors

    Anyone who’s ever misplaced the family car in a parking lot at the mall must surely sense that we are not living in a golden era of automobile design. Gazing in panic out across that vast tar...

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  • ‘Core’ Al Qaeda Gathering in Yemen

    A video of a large al Qaeda gathering in Yemen has raised eyebrows in the press. Nasir al Wuhayshi, the head of al Qaeda in the Arabian Peninsula (AQAP), as well as general manager of al...

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