Updated: 13 hr ago

WASHINGTON (AP) — Some labor unions that enthusiastically backed President Barack Obama's health care overhaul are now frustrated and angry, fearful that it will jeopardize benefits for millions of their members. Union leaders warn that unless the problem is fixed, there could be consequences...

Updated: 13 hr ago

FEELING GOOD: German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's biggest economy. BETTER THAN EXPECTED: The closely watched confidence index rose to 105.7 points for May from 104.4 last month. The...

Updated: 14 hr ago

NEW YORK (AP) — The price of oil was knocked below $94 a barrel Friday by a combination of ample supplies and lukewarm demand. Benchmark oil for July delivery was down 36 cents to $93.91 a barrel in midday trading on the New York Mercantile Exchange. On Thursday, oil fell as low as $92.91...

Updated: 14 hr ago

MIDLAND, Mich. (AP) — The Dow Chemical Co. said Friday that it plans to use part of its recent payment from Petrochemical Industries Co. of Kuwait to pay off up to $2 billion in debt this year. Earlier this month, Dow received a $2.2 billion from that company to cover damages stemming from...

Updated: 14 hr ago

PROLETARIAT BOURGEOIS: Finance Minister Pierre Moscovici said that the government no longer plans to push for a law to cap executive salaries in the private sector. Instead, Moscovici told reporters that he was in discussions with business leaders and he hoped companies would agree to institute...

Updated: 14 hr ago

MOSCOW (AP) — World stocks edged lower on Friday, a day after markets around the world dropped sharply on concerns global growth is slowing and the Federal Reserve could start scaling back its monetary stimulus. Japan's Nikkei, which had led the previous day's losses with a plunge of over 7...

Updated: 14 hr ago

BATON ROUGE, La. (AP) — First-time claims for unemployment insurance in Louisiana for the week ending May 18, increased from the previous week's total. The state labor department figures released Friday show the initial claims increased to 2,738 from the previous week's total of 2,327....

Updated: 14 hr ago

NEW YORK (AP) — The stock market is heading lower in midday trading, putting it on track for its first weekly loss in a month. The Dow Jones industrial average was down 30 points at 15,264 as of noon Eastern Daylight Time Friday, a drop of 0.3 percent. The Standard & Poor's 500 was down five...

Updated: 14 hr ago

GENEVA (AP) — Chinese Premier Li Keqiang is in Switzerland to seal a free trade pact with the Alpine nation — the first comprehensive agreement his country has reached with a major western economy. Li met with Swiss officials in Zurich on Friday to conclude three years of negotiations. In...

Updated: 14 hr ago

SANTIAGO, Chile (AP) — Chile blocks Pascua-Lama mine, fines Barrick $16 million for serious environmental violations.