By TOBY STERLINGAP Business Writer
Google chairman Eric Schmidt has submitted a proposal to European regulators in Brussels aimed at avoiding a showdown on the some of the Internet search leader's business practices.
The European Competition Commissioner
By CHRIS KAHNAP Energy Writer
NEW YORK (AP) - Last week's spike in the price of oil may have been a little overdone.
Benchmark U.S. crude dropped 1.4 percent in New York, paring back some of the 9.4 percent increase on Friday. Oil fell by $1.21 to end the
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - U.S. manufacturing shrank in June for the first time in nearly three years, adding to signs that economic growth is weakening.
Production and exports declined, and the number of new orders plunged,
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - A surge in homebuilding pushed U.S. construction spending up by the largest amount in five months, the latest indication that the housing sector is slowly recovering.
Construction spending rose 0.9
By PATRICK WALTERSAssociated Press
PHILADELPHIA (AP) - The oldest and largest refinery on the East Coast will stay open thanks to a deal between Sunoco and the private equity firm The Carlyle Group, with the groups announcing Monday that they have agreed to terms on a joint
By CHRISTINA REXRODEAP Business Writer
NEW YORK (AP) - Investors rejoiced over Europe last week. On Monday, they got back to worrying about the United States.
Stocks struggled to stay out of the red in quiet holiday-week trading after a trade group said
By ADAM SCHRECKAP Business Writer
DUBAI, United Arab Emirates (AP) - The Queen Elizabeth 2's Dubai owners outlined plans Monday to turn the storied cruise liner into a dockside hotel that will keep many existing furnishings intact, ending years of speculation about the fate
By DOUG FERGUSONAP Golf Writer
BETHESDA, Md. (AP) - The images of Tiger Woods, dressed in his red shirt and raising both arms on the 18th green after another victory, are no longer highlights from years gone by.
When he outlasted Bo Van Pelt in a tense duel on
By DON THOMPSONAssociated Press
SACRAMENTO, Calif. (AP) - California would become the first state to write into law much of the national mortgage settlement negotiated this year with the nation's top five banks, and expand it to all lenders, under wide-ranging legislation
By E. EDUARDO CASTILLOAssociated Press
MEXICO CITY (AP) - The apparent victor of Mexico's presidential race, Enrique Pena Nieto, struggled Monday with the sticky bonds of his party's notorious past, the limitation of his election mandate and an opponent who refused to