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Business News
Breitburn buying QR Energy in $1.46 billion deal
HOUSTON (AP) -- Breitburn Energy is buying QR Energy LP in a deal worth about $1.46 billion....
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Ford 2Q profit up 6 percent to $1.3 billion
DEARBORN, Mich. (AP) -- Ford Motor Co.'s second quarter net income rose 6 percent to $1.3 billion as the company saw record profits in North America and made money in Europe for the first time in three years....
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Eurozone economy picking up steam despite France
LONDON (AP) -- A closely watched survey suggests economic growth in the 18-country eurozone picked up during July despite ongoing concerns over France, the currency bloc's second-largest economy....
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Meat supplier in China scandal has global reach
NEW YORK (AP) -- It isn't a household name, but the company at the center of a food scandal in China helps make some of the world's most popular foods, including the Big Macs and Quarter Pounders served at McDonald's locations....
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SEC considering action against S&P over ratings
WASHINGTON (AP) -- Standard & Poor's said Wednesday that regulators have told the rating agency they are considering taking civil enforcement action against it over ratings it gave to six deals in 2011 involving securities tied to commercial mortgages....
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