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Oil rises on falling dollar
The price of oil rose Monday, taking its cue from the stock market and the dollar. Benchmark oil for June delivery gained 69 cents to close at $96.71 a barrel on the New York Mercantile Exchange. Oil moved higher as U.S. stock markets reversed early losses around midday. Although stocks ...
Oil rises on falling dollar; gasoline at $3.65
The price of oil rose Monday, taking its cue from the stock market and the dollar. Benchmark oil for June delivery gained 69 cents to close at $96.71 a barrel on the New York Mercantile Exchange. Oil moved higher as U.S. stock markets reversed early losses around midday. Although stocks ...
Michigan Democrats lay out auto insurance bills
Detroit's Democratic state House Caucus is laying out an effort to change Michigan's auto insurance policies. The package of legislation was revealed during a news conference Monday in Detroit. Republicans control the state Legislature. Under the proposal, insurance companies couldn't use credit history, education or occupation in determining a person's ...
Judge gives final approval to A123 bankruptcy plan
A bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million U.S. Department of Energy grant. Monday's court hearing resolved minor outstanding issues following the sale of most of the company's assets to the U.S. ...
Judge gives final approval to A123 bankruptcy plan
A Delaware bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million Department of Energy grant. Monday's court hearing resolved minor outstanding issues following the sale of most of the company's assets to the U.S. ...
Ex-Saab executives arrested on accounting charges
A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges. Prosecutor Olof Sahlgren says the three are "suspected of aggravated attempts to avoid tax controls" by allegedly falsifying parts of Saab's accounts between 2010 and 2011 — a crime that carries ...
Mass. gas prices up a penny
The price of a gallon of gas in Massachusetts is up a penny. AAA Southern New England reports Monday that self-serve, regular crept up to $3.49 per gallon in the past week. The in-state price is 16 cents below the national average. Current prices are up a nickel in the ...
Oil price falls below $96 a barrel
The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief. Benchmark crude for June delivery was down 55 cents to $95.47 a barrel in electronic trading ...
E. Idaho auto dealership apologizes for radio ad
An eastern Idaho auto dealership that offended some area residents with a radio commercial that included a derogatory reference about special needs children in a sales pitch for trucks has apologized. KIFI-TV reports (http://bit.ly/11PyoCa) in a story Friday that Pocatello-based Cole Chevrolet pulled the ads and is also teaming up ...
Sulphur will buy 4 SUVs for police
The City Council has voted to use the general fund to buy four police vehicles. Mayor Chris Duncan tells The American Press (http://bit.ly/cseYHv ) that the purchases will increase the city's projected deficit by $101,250. Duncan says the general fund originally had $33,750 budgeted for a Chevrolet Tahoe, but the ...
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