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Business News
Hercules Offshore strikes deal with lenders
NEW YORK (AP) -- Oilfield services company Hercules Offshore has worked out an agreement with lenders before it seeks Chapter 11 bankruptcy protection, the second time will have done so in less than year....
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Markets Right Now: Stocks trade higher on Wall Street
NEW YORK (AP) -- The latest on developments in global financial markets (all times local):...
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Remember these? Pinto, Tylenol and other infamous recalls
NEW YORK (AP) -- Recalls related to Takata air bags, which have already led to the largest auto recall in U.S. history, keep growing . Takata joins a list of notorious product recalls, some of which were handled better than others by the corporations involved....
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US stocks rise, led by drug and consumer product makers
NEW YORK (AP) -- U.S. stocks are making small gains Friday as drug companies and consumer products makers trade higher. Valeant Pharmaceuticals is rising on reports it rejected a buyout offer, and beauty products retailer Ulta jumped after it reported strong first-quarter results and raised its projections for the year. Stocks are closing in on their best week since the beginning of March....
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US consumer sentiment up in May to highest in nearly a year
WASHINGTON (AP) -- Americans turned more optimistic about the economy in May than the previous month, buoyed by steady hiring and higher incomes....
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