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Oil prices climb above $98 before US Fed meeting

The price of oil climbed back above $98 a barrel Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy meeting. By early afternoon in Europe, benchmark oil for July delivery was up 37 cents to $98.14 a barrel in electronic ...

Soybeans drop as weather boosts crop prospects

Soybeans dropped as improving weather across the Midwest boosted the outlook for this year's crop. November soybeans fell 12.75 cents, or 1 percent, to $12.855 a bushel Monday. Cold, wet weather forced farmers to delay their soybean planting this spring, keeping prices for the crop higher over the past two ...

Oil posts small loss after hitting high for year

The price of oil fell slightly after it climbed to a high for the year Monday, as the market waits to see the results of this week's Federal Reserve policy meeting. Benchmark oil for July delivery fell 8 cents to finish at $97.77 a barrel on the New York Mercantile ...

Unsuccessful job applicants seek hiring records

Documents having to do with a state agency's involvement in recruiting and hiring workers for a private company should be available to the public, a lawyer for four unsuccessful applicants for jobs at a Georgia auto plant argued Monday. Gerry Weber made the argument before the Supreme Court of Georgia. ...

Oil rises past $98 on Syria, ahead of Fed meeting

The price of oil climbed to above $98 a barrel Monday amid concerns over an escalation in the civil war in Syria and as traders awaited a critical meeting of the U.S. Federal Reserve later in the week. By early afternoon in Europe, benchmark oil for July delivery was up ...

Porsche family buys back stake from Qatar fund

Descendants of German automobile entrepreneur Ferdinand Porsche have bought back a 10 percent stake in their holding company from Qatar's sovereign wealth fund. Carmaker Porsche confirmed the transaction Monday but didn't reveal the sales price. The Porsche and Piech families are now again the sole shareholders of Porsche Automobil Holding ...

Sprint Cup Series driver Kurt Busch leads the field during the NASCAR Quicken Loans 400 auto race at Michigan International Speedway, Sunday, June 16, 2013 in Brooklyn, Mich. (AP Photo/Bob Brodbeck)

Biffle holds on to win again at Michigan

Greg Biffle gave Ford a milestone victory — right down the road from company headquarters. Biffle raced to his second straight Sprint Cup win at Michigan International Speedway, easily holding off Kevin Harvick after points leader Jimmie Johnson smacked the wall in the final laps Sunday. It was the 1,000th ...

Ohio man charged in $10M real estate scam

A Pakistan native has been charged with bilking a wealthy Washington businessman out of nearly $10 million, but it's the flashy way prosecutors allege Haider Zafar spent the money that's also getting attention. There were bodyguards, diamonds, six-figure bills charged partying at swanky South Beach hotels, a black Lamborghini, a ...

Judge sides with feds in Montana oil lease dispute

A federal judge on Friday dismissed a lawsuit from environmentalists who tried to block almost 80,000 acres of oil and gas leases in Montana in a bid to force companies to reduce greenhouse gas emissions. U.S. District Judge Sam Haddon said in his ruling that the emissions from future drilling ...

Oil price highest since January on Syria concerns

Oil rose to the highest level since January amid concerns about a possible escalation in Syria's civil war. Benchmark oil for July delivery rose $1.16 to close at $97.85 a barrel on the New York Mercantile Exchange. Oil finished the week with a gain of $1.82 a barrel, or 1.9 ...

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