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Energy
Expert: Summer gas costs likely lower than 2012
A Purdue University economist says he expects this summer's gasoline prices to be lower than last year. Energy economics specialist Wally Tyner projects that prices in the Midwest will be between $3.50 and $3.90 a gallon, with prices in the South and Southeast between $3.15 and $3.55. He doesn't expect ...
Business Highlights
___ Yahoo takes big leap with $1.1 billion deal for Tumblr SAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times. The deal announced Monday is Mayer's boldest move since ...
Gold breaks a losing streak; other metals rise
The price of gold rose Monday for the first time in nearly two weeks. Gold for June delivery rose $19.40 to settle at $1,384.10 an ounce Monday, an increase of 1.4 percent. It was the first gain since May 8. The price of gold has been falling since last autumn. ...
Gold breaks a losing streak; other metals rise
The price of gold rose Monday for the first time in nearly two weeks. Gold for June delivery rose $19.40 to settle at $1,384.10 an ounce Monday, an increase of 1.4 percent. It was the first gain since May 8. The price of gold has been falling since last autumn. ...
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 ...
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 ...
Shuttered Hastings ethanol plant closing permanent
A Hastings ethanol plant that announced in February that it would temporarily shut down will not reopen. The Ag Processing Inc. cooperative said Friday that it is permanently shutting down the 55-million-gallon-a-year plant, citing the plant's age and high utility costs associated with running it. Officials had cited a slowdown ...
Politics, bribery charges swirl around Ugandan oil
Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and the alleged interference of a president whose firm control of the sector worries transparency campaigners. Uganda, which has confirmed oil deposits of ...
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