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Business News
US stock indexes are slightly higher at end of a tough week
NEW YORK (AP) -- U.S. stocks were slightly higher Friday after four straight days of losses. The price of oil slipped following a big gain the day before, when traders worried that the escalating conflict in the Middle East would affect the flow of crude from the region....
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Oil council: Shale won't last, Arctic drilling needed now
WASHINGTON (AP) -- The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a study submitted Friday....
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Consumer sentiment slips in March on bad weather
WASHINGTON (AP) -- Bad weather and rising gasoline prices pushed U.S. consumer sentiment a bit lower in March....
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Mulally earned $22 million in final year as Ford CEO
DEARBORN, Mich. (AP) -- Former Ford CEO Alan Mulally's compensation fell 5 percent to $22 million in his final year at the company, reflecting lower profits as the company invested heavily in new vehicles and plants....
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US stock market opens higher, breaking a 4-day slump
NEW YORK (AP) -- U.S. stocks are opening modestly higher after four losing days....
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