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Business News
Siemens to acquire Dresser-Rand for $7.6 billion
HOUSTON (AP) -- German electronics and engineering company Siemens AG has reached a deal to acquire oilfield equipment maker Dresser-Rand for $7.6 billion....
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US gas prices fall, extending summer decline
CAMARILLO, Calif. (AP) -- A national survey says the average price of a gallon of regular gasoline has dropped another 9 cents over the last two weeks, to $3.37, bringing the decline to 34 cents over the last 13 weeks....
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Investors breathe sigh of relief at Scottish vote
LONDON (AP) -- Scotland's decision to reject independence from the United Kingdom gave British markets a short-term lift Friday but worries over future constitutional changes kept a lid on the relief rally....
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Moody's backs UK bond rating after Scotland vote
NEW YORK (AP) -- Moody's Investors Services maintained its rating on United Kingdom government-backed bonds Friday, a day after voters in Scotland decided against national independence....
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As Wall Street watches Alibaba, stocks drift
NEW YORK (AP) -- With Wall Street focused on the debut of Alibaba Group, the stock market drifted into the weekend and major indexes ended little changed....
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