Business News - UPI.com

Truckers protest clean air rules in L.A.

Sat, 14 Nov 2009 00:39:19 -0500

LOS ANGELES, Nov. 14 (UPI) -- About 400 independent truckers drove their semis to Los Angeles City Hall Friday to protest new environmental rules.

UPI NewsTrack Business

Fri, 13 Nov 2009 18:24:35 -0500

U.S. markets close up for 2nd week... Crude oil prices lose for 2nd month... U.S. import prices up in October... Dreamliner boss sure of '09 flight... News from United Press International.

2 Madoff programmers arrested

Fri, 13 Nov 2009 17:59:59 -0500

NEW YORK, Nov. 13 (UPI) -- Two former computer programmers for Bernard Madoff's New York investment company were charged Friday with helping cover up his Ponzi scheme.

Crude oil prices lose for 2nd month

Fri, 13 Nov 2009 17:42:13 -0500

NEW YORK, Nov. 13 (UPI) -- U.S. crude oil futures finished lower Friday, losing 1.4 percent for the week, after a weak gauge of consumer sentiment and news of rising crude supplies.

U.S. markets close up for 2nd week

Fri, 13 Nov 2009 17:08:40 -0500

NEW YORK, Nov. 13 (UPI) -- U.S. stocks rose Friday for a second straight weekly advance partly on unexpected earnings at Walt Disney and Abercrombie & Fitch.

Boeing official confident about Dreamliner

Fri, 13 Nov 2009 15:45:22 -0500

SEATTLE, Nov. 13 (UPI) -- The head of Boeing's 787 Dreamliner program said he's confident the U.S. aerospace company's newest passenger jet will have its first official flight this year.

Cost of Thanksgiving food down this year

Fri, 13 Nov 2009 14:08:08 -0500

WASHINGTON, Nov. 13 (UPI) -- The cost of a traditional Thanksgiving turkey dinner is down $1.70 this year compared with last year, the American Farm Bureau Federation says.

Easton Sports bicycles recalled

Fri, 13 Nov 2009 13:25:33 -0500

WASHINGTON, Nov. 13 (UPI) -- Easton Sports is recalling about 6,400 of its bicycles because they could break, causing riders to fall and get hurt, a U.S. watchdog agency says.

Euro zone recession marginally over

Fri, 13 Nov 2009 13:01:26 -0500

BRUSSELS, Nov. 13 (UPI) -- The European Union's statistical office said Friday the euro zone -- where the euro is the shared currency -- had climbed out of recession.

Chinese leader Hu fears protectionism

Fri, 13 Nov 2009 12:21:05 -0500

SINGAPORE, Nov. 13 (UPI) -- Chinese President Hu Jintao warns that the global financial crisis cannot be solved by protectionism.

HUD says FHA at 'real risk'

Fri, 13 Nov 2009 12:14:48 -0500

WASHINGTON, Nov. 13 (UPI) -- The U.S. Secretary of Housing and Urban Development said defaulting loans have the Federal Housing Administration in a "real risk" of depleting its reserves.

New car sales edge up in Canada

Fri, 13 Nov 2009 11:48:15 -0500

OTTAWA, Nov. 13 (UPI) -- New vehicle sales in Canada rose 1.2 percent to 128,415 units in September, led by North American-built passenger cars, Statistics Canada said Friday.

UPI NewsTrack Business

Fri, 13 Nov 2009 11:16:59 -0500

U.S. markets rise despite trade data ... Luxury homes shrink in new market ... US, EU data sharing deal likely delayed ... No short-term yuan appreciation seen ... News from United Press International.

U.S. import prices up in October

Fri, 13 Nov 2009 11:15:27 -0500

WASHINGTON, Nov. 13 (UPI) -- The U.S. Department of Labor said import prices rose 0.7 percent in October, largely due to escalating petroleum prices.

U.S. trade gap grows to $36.5 billion

Fri, 13 Nov 2009 11:11:37 -0500

WASHINGTON, Nov. 13 (UPI) -- The U.S. trade deficit grew faster than expected in September, reaching $36.5 billion, the Bureau of Economic Analysis said Friday.

U.S., EU data sharing deal likely delayed

Fri, 13 Nov 2009 10:16:41 -0500

BRUSSELS, Nov. 13 (UPI) -- Four members of the European Union are opposing a deal to share bank data with the United States for anti-terrorist investigations, citing privacy issues.

Canadian trade deficit contracts

Fri, 13 Nov 2009 09:55:26 -0500

OTTAWA, Nov. 13 (UPI) -- Canada's international trade deficit shrank in September based on a 3.5 percent increase in exports, Statistics Canada reported from Ottawa Friday.

Luxury homes shrink in new market

Fri, 13 Nov 2009 08:47:12 -0500

SMYRNA, Ga., Nov. 13 (UPI) -- U.S. luxury home builders say they are building smaller homes, as the recession has pared down the American Dream by at least a walk-in closet or two.

Economic Outlook: Quiet gains (for now)

Fri, 13 Nov 2009 07:26:07 -0500

By ANTHONY HALL
United Press International
U.S. markets ended a six-day winning streak Thursday, the longest streak of gains since mid-August before the momentum petered out.

No short-term yuan appreciation seen

Fri, 13 Nov 2009 00:20:30 -0500

BEIJING, Nov. 13 (UPI) -- China is not expected to allow the yuan to appreciate against the U.S. dollar in the short term, Chinese experts said.

Franchisees sue Burger King over $1 burger

Thu, 12 Nov 2009 20:20:11 -0500

MIAMI, Nov. 12 (UPI) -- Burger King Corp. franchisees have gone to federal court in Miami, saying they can't afford the fast-food company's $1 double cheeseburger promotion.

Intel to pay AMD $1.25B settlement

Thu, 12 Nov 2009 18:09:56 -0500

SANTA CLARA, Calif., Nov. 12 (UPI) -- U.S. chipmaker Intel agreed to pay Advanced Micro Devices $1.25 billion to settle anti-trust issues despite admitting no wrongdoing, the company said.

UPI NewsTrack Business

Thu, 12 Nov 2009 18:08:07 -0500

U.S. markets close lower Thursday ... Fed changes overdraft rules ... October budget deficit is $176.3 billion ... U.S. Airways attendants set to picket ... News from United Press International.

Crude oil prices slide hard Thursday

Thu, 12 Nov 2009 18:04:24 -0500

NEW YORK, Nov. 12 (UPI) -- Crude oil prices fell Thursday on the New York Mercantile Exchange to under $77 per barrel, despite the dollar's trend towards weakness.

One Canadian cow sells for $1.2 million

Thu, 12 Nov 2009 17:57:18 -0500

TORONTO, Nov. 12 (UPI) -- Missy the cow brought in $1.2 million at auction in Toronto, the second most ever paid for a single bovine in Canada, its breeder says.