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May 22, 2013 | 07:55 AM
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  • Grain futures mostly fall, livestock prices rise

    Updated: 14 hr ago

    CHICAGO (AP) — Grains futures mostly fell Tuesday on the Chicago Board of Trade. Wheat for July delivery fell 4.75 cents to $6.805 a bushel; July corn fell 9.5 cents to $6.40 a bushel; July oats fell 8.25 cents to $3.55 a bushel; while July soybeans jumped 13.75 cents to $14.7825 a bushel....

  • Struggling Spain offers engineers to Brazil

    Updated: 14 hr ago

    BRASILIA, Brazil (AP) — Spain's development minister is urging Brazil to hire some of the engineers that her own economy doesn't have room for. Brazil is beefing up its infrastructure ahead of soccer's World Cup and the Olympics. And Minister Ana Pastor says Spanish engineers could help, if...

  • NJ's Revel casino exits bankruptcy court

    Updated: 14 hr ago

    ATLANTIC CITY, N.J. (AP) — Revel, a brand new but struggling Atlantic City casino, has formally emerged from bankruptcy. Just 13 months after it opened with sky-high hopes, the casino got out of bankruptcy court Tuesday. The pre-planned Chapter 11 filing wiped out $1.2 billion of the casino's...

  • Forecast sees New England economy growing modestly

    Updated: 14 hr ago

    BOSTON (AP) — Modest economic growth is expected in New England over the next three years with the region as a whole returning to pre-recession employment levels by 2015. That's according to a new economic forecast being released this week by the New England Economic Partnership. Forecast...

  • Medtronic cuts 2,000 jobs worldwide, 500 in Minn.

    Updated: 14 hr ago

    MINNEAPOLIS (AP) — Medical device maker Medtronic confirms it is eliminating 2,000 jobs worldwide, including 500 in Minnesota. About half of the jobs being eliminated are in the U.S. A Medtronic spokeswoman tells the Star Tribune (http://bit.ly/10Mn866 ) about 65 percent of the job cuts have...

  • Does France have right plan to revive its economy?

    Updated: 14 hr ago

    PARIS (AP) — The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. As the country's first-ever minister for industrial renewal, Arnaud Montebourg has told the world's largest steelmaker it is not...

  • Sprint boosts buyout offer for Clearwire

    Updated: 14 hr ago

    OVERLAND PARK, Kan. (AP) — Sprint Nextel Corp. is offering 14 percent more than before for the stake in wireless data network operator Clearwire Corp. it does not already own, but a large shareholder said the offer was still inadequate. Sprint said Tuesday that it is offering $3.40 per share,...

  • Sprint to listen to Dish offer

    Updated: 15 hr ago

    OVERLAND PARK, Kan. (AP) — Wireless company Sprint Nextel Corp. says it can now let Dish Network Corp. see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's SoftBank. Sprint said late Monday that SoftBank had waived...

  • Small banks gain edge, but also a share of burdens

    Updated: 15 hr ago

    WILMINGTON, Del. (AP) — For decades, Wilmington Trust reigned as king of community banks in Delaware. A few years after the financial crisis, after bad real estate development loans and soured mortgage securities plays soured its balance sheet, Wilmington Trust folded into the growing...