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Oil falls on concerns for China demand, Fed policy
The price of oil fell Thursday as weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy. Oil's decline was exacerbated by sharp declines in global stock markets amid indications that the U.S. Federal Reserve's may pull back on its economic ...
Oil falls on concerns for China demand, Fed policy
The price of oil fell Thursday as weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy. Oil's decline was exacerbated by sharp declines in global stock markets amid indications that the U.S. Federal Reserve's may pull back on its economic ...
Oil down to near $93 on Chinese recovery concerns
The price of oil fell to near $93 a barrel on Thursday after a survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy is fading. By early afternoon in Europe, benchmark oil for July ...
Chain-Reaction School Bus Crash Injures About 50
Dozens of students and three school bus drivers were injured on Wednesday, when four school buses had a chain-reaction collision. Most of the injuries were minor. (May 23)
Float driver says train seemed still before crash
The driver of a parade float involved in a train wreck that killed four war veterans in West Texas told investigators the oncoming train appeared to be stationary, and that he didn't notice anything was wrong until he saw people jumping from the float, according to documents released Wednesday. Dale ...
Am. Samoa to keep flier miles of govt travelers
American Samoa plans to take away frequent flier miles from government workers who travel on behalf of the U.S. territory and use the loyalty points to help medical patients and students travel off the islands when necessary. Hawaiian Airlines agreed to the plan that takes effect on June 1, American ...
Environmentalists sue over OC toll road extension
Environmentalists filed a lawsuit Wednesday seeking to block the extension of a toll road in southern Orange County, five years after widespread public opposition stopped a similar project. The lawsuit filed in San Diego County Superior Court argues that plans for a 5.5-mile extension to the south State Route 241 ...
Train service back on track after Conn. derailment
Train service from New York to Boston was back on schedule Wednesday on one of the nation's oldest and most heavily traveled railways, five days after a derailment in Connecticut injured scores of commuters and damaged tracks. Commuter rail service from Connecticut to New York City returned to normal, along ...
Business Highlights
___ Median CEO pay rises to $9.7 million in 2012 NEW YORK (AP) — CEO pay has been going in one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that ...
Puerto Rico's Culebra awaits new hospital, school
Puerto Rico's tiny island of Culebra has been forever dependent on the U.S. territory for food, jobs and health care, but the territory's governor is cutting some of those strings. Gov. Alejandro Garcia Padilla said this week that the island will get its first hospital and large-scale recycling center, as ...
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