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Thursday, May 23, 2013 | 3:52 a.m.

Transportation

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More ethanol leaking after Iowa train derailment

Iowa officials say more ethanol is leaking into the Little Cedar River following a train derailment east of Charles City. The state Department of Natural Resources says workers trying to recover ethanol cars and locomotives on Wednesday realized a second ethanol car was leaking. They discovered leaking ethanol and fuel ...

Gold slips on speculation will Fed cut stimulus

Gold prices sank Wednesday as traders weighed the possibility that the Federal Reserve will start paring back its support for the economy in the coming months. Gold for June delivery fell $10.20 to settle at $1,367.40 an ounce, a drop of 0.7 percent. Prices for the precious metal wavered earlier ...

Gold slips on speculation will Fed cut stimulus

Gold prices sank Wednesday as traders weighed the possibility that the Federal Reserve will start paring back its support for the economy in the coming months. Gold for June delivery fell $10.20 to settle at $1,367.40 an ounce, a drop of 0.7 percent. Prices for the precious metal wavered earlier ...

FILE -- In this photo from files taken in Naples on Jan. 30, 2013, Captian Francesco Schettino speaks to the media. The Italian captain of the Costa Concordia cruise ship was ordered on Wednesday to stand trial for manslaughter in the luxury liner's shipwreck off the coast of Tuscany, which killed 32 people. Judge Pietro Molino, at a closed door hearing in the town of Grosseto, agreed to prosecutors' requests that Francesco Schettino should be tried on charges of manslaughter, causing the shipwreck and abandoning the vessel while many of the 4,200 passengers and crew were still aboard. (AP Photo/Salvatore Laporta)

Trial for captain in deadly shipwreck in Italy

An Italian judge has ordered the captain of the Costa Concordia cruise ship to stand trial for manslaughter in the vessel's shipwreck off the coast of Tuscany, which killed 32 people. Judge Pietro Molino, at a closed-door hearing Wednesday in the town of Grosseto, agreed to prosecutors' request that Capt. ...

Oil falls near $94 on small drop in supplies

The price of oil fell near $94 a barrel Wednesday as the nation's oil supply fell less than expected and demand for gasoline remained weak. Benchmark crude for July delivery declined $1.90 to close at $94.28 a barrel on the New York Mercantile Exchange. The Energy Department said U.S. crude ...

Fiat Industrial aims to shift tax home to Britain

Fiat Industrial disputed as "absolutely false" reports Wednesday that Italy would lose 500 million euros ($646 million) in tax revenues if it moves its tax base to Britain after it completes a merger with its U.S.-based subsidiary CNH Global NV. But the maker of heavy trucks, farm and construction vehicles ...

Retail gasoline prices across Texas up 2 cents

Retail gasoline prices across Texas have risen 2 cents as travelers prepare for the long Memorial Day holiday weekend. AAA Texas on Wednesday reported the average price at the pump reached $3.43 per gallon. Nationwide retail gasoline prices jumped 6 cents this week to hit $3.66 per gallon. Amarillo has ...

Oil stays near $96 before crude stocks report, Fed

The price of oil was little changed above $96 a barrel Wednesday as investors waited confirmation of a rise in U.S. crude stocks and the Federal Reserve's latest views on the U.S. economy. By early afternoon in Europe, benchmark crude for July delivery was down 3 cents to $96.15 a ...

Weight on Ashland bridge restricted after wreck

A wreck on an Ashland bridge has prompted the Kentucky Transportation Cabinet to impose a temporary 10-ton weight limit on the span. The cabinet says the wreck damaged part of the 12th Street bridge's superstructure and occurred as the bridge was hit by a vehicle on the Ohio approach span. ...

Gov. Snyder, GOP lawmakers agree to budget targets

Republican Gov. Rick Snyder and leaders of the GOP majority in the Legislature reached a budget agreement Tuesday for next fiscal year that doesn't include an expansion of government health insurance for low income-adults and puts Michigan's unexpected surplus toward funding roads and K-12 education. Lawmakers have an extra $700 ...

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