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___ Bloodless bank heist impressed cybercrime experts NEW YORK (AP) — A bloodless bank heist that netted more than $45 million has left even cybercrime experts impressed by the technical sophistication, if not the virtue, of the con artists who pulled off a remarkable internationally organized attack. On the creative ...
Oil down slightly on rising dollar, OPEC output
The price of oil finished slightly lower Friday, after dropping 3 percent earlier in the day. Benchmark crude for June delivery slipped 35 cents to close at $96.04 a barrel on the New York Mercantile Exchange. It was as low as $93.37 in the morning. Initially, a stronger dollar and ...
Oil drops below $95 a barrel as dollar rises
The price of oil dropped below $95 a barrel on Friday as a strengthening dollar made crude more expensive for traders using other currencies. By early afternoon in Europe, benchmark crude for June delivery was down $1.74 to $94.65 a barrel in electronic trading on the New York Mercantile Exchange. ...
Business Highlights
___ US home building is surging, but job growth isn't The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help — if he could hire enough qualified people. "There is a shortage of manpower," says Vap, ...
Senators seek ban on renting recalled vehicles
Rental companies would be barred from leasing or selling vehicles to consumers that are under a manufacturer's recall until the defect is fixed under a bill introduced Thursday by a bipartisan group of senators. Alaska Republican Lisa Murkowski joined Democrats Chuck Schumer of New York, Barbara Boxer of California and ...
Van maker backed by Energy Dept. loans shuts down
A Michigan company that received a $50 million federal loan to make vans for the disabled has stopped production and laid off its 100 workers. Vehicle Production Group, or VPG, suspended operations in February after its finances dipped below a minimum level required as a condition of the federal loan. ...
Tesla Model S gets Consumer Reports' top score
The Tesla Motors Inc. Model S electric car has tied an older Lexus for the highest score ever recorded in Consumer Reports magazine's automotive testing. The Model S, which starts at $62,400 after a federal tax credit, scored 99 points on a scale of 100 in the magazine's battery of ...
China's April auto sales rise 13 percent
China's auto sales rose 13 percent in April despite concern about a weak economic recovery and Japanese brands suffered less severe declines, an industry group reported Thursday. Customers in the world's biggest auto market bought 1.4 million cars, the China Association of Automobile Manufacturers said. It said total auto sales ...
Oil down near $96 per barrel after supplies uptick
The price of oil fell closer to $96 a barrel on Thursday after reports showed supplies of U.S. crude rose last week and inflation accelerated in China. By early afternoon in Europe, benchmark oil for June delivery was down 49 cents to $96.13 a barrel in electronic trading on the ...
SKorea's central bank cuts key rate to 2.5 percent
South Korea's central bank on Thursday cut its benchmark interest rate for the first time in seven months, joining government efforts to boost the export-reliant economy as manufacturers such as Hyundai Motor Co. face tougher competition from Japanese rivals boosted by the weakening yen. The quarter percentage point cut in ...
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