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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 ...
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 ...
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 ...
CarMax founder, family hope for Alzheimer's cure
Richard L. Sharp thrived on being a visionary. "All of my life, I've been the curious one. It's a good thing to have," Sharp said recently, adding that he always looked for new or different ways to do something. For instance, Sharp, who led Circuit City through dramatic growth in ...
Hagerstown man has car devoted to Dolly Parton
Dolly Parton once said "Sometimes you just have to toot your own horn. Otherwise, nobody will know you're a-comin'." For Paul T. Woodal Jr. of Hagerstown, his horn is attached to a Barbie-pink 2008 Volkswagen Beetle adorned with photos and sayings from one of country music's most beloved artists, Dolly ...
World stocks strong into the weekend
World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue. The Conference Board reported that its leading indicator index for the U.S. increased 0.6 percent in April, following a 0.2 decline in March, due to recovering housing and labor markets. "In general, ...
4-month strike at PSA Peugeot Citroen plant ends
A four-month strike at a car factory north of Paris has come to an end, although the workers say they will still fight a plan to close the plant. PSA Peugeot Citroen said Friday that it had signed an agreement with the CGT union to end the strike, which started ...
Oil gains to near $96 as investors eye US economy
The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy. By early afternoon in Europe, benchmark oil for June delivery was up 45 cents to $95.61 a barrel in electronic trading on the ...
European car sales up for first time since 2011
The European auto industry may be showing the first signs of a slowdown in its sales free-fall, according to data from the European automaker's association. New car registrations in April were up 1.7 percent on the same time last year, the ACEA's latest figures show. Although the April rise has ...
Only 2 of 13 small SUVs do well in crash tests
Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations. Subaru's 2014 Forester was the only vehicle to get the top "good" rating in the results released Thursday. The 2013 Mitsubishi Outlander Sport ...
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