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Business News
Energy company BP slides to loss in 2nd quarter
LONDON (AP) -- BP reported a second-quarter loss Tuesday after the London-based oil company set aside another $10.8 billion to cover the cost of the Deepwater Horizon accident....
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Statoil Q2 profits hit by lower oil prices, higher costs
HELSINKI (AP) -- Norwegian energy company Statoil says it was hit by lower oil prices, increased depreciation and higher drilling costs in the second quarter, causing net profit to fall 16 percent to 10.1 billion kroner ($1.2 billion)....
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Republic stock plunges on possible flight disruptions
DALLAS (AP) -- Republic Airways warned that its operation of regional flights for the nation's biggest airlines could be disrupted by a pilot shortage and labor standoff....
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Rates on US Treasury bills rise to highest point this year
WASHINGTON (AP) -- Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels this year....
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