NEW YORK, Feb 10- U.S. crude prices fell 2 percent on Wednesday after stockpiles at the main U.S. delivery point hit record highs, while Brent rose for the first time in five days after Russia suggested oil producers cut output by a million barrels each. The Cushing build eclipsed a more bullish number from the EIA showing total U.S. crude stockpiles down for the first...» Read More
COLUMBUS, Ohio-- The $400 million Hollywood Casino Columbus opened Monday in Ohio's capital, welcoming hundreds of people who had waited on a chilly morning to be among the first placing bets at the table games and about 3,000 slot machines.
SACRAMENTO, Calif.-- A ballot initiative funded by a billionaire hedge fund manager is asking California voters to do what Gov. Opponents argue that repealing the tax break given three years ago would make California less friendly to multistate corporations and threaten existing jobs.
CHEYENNE, Wyo.-- Three Wyoming auto dealerships are now cleared to sell natural-gas powered vehicles to state agencies. Those dealerships are Fremont Motors, Fremont Chevrolet-GMC and Spradley Barr. Fremont Motors has several locations statewide and Spradley Barr is in Cheyenne.
ABU DHABI, United Arab Emirates-- Microsoft founder and billionaire Bill Gates on Tuesday ruled out running for office, choosing not to join the parade of rich businessmen who have tried their hand at politics.
DAMAGES: A police blogger unmasked after the Times of London hacked his email has been awarded 42,500 pounds in damages from the newspaper's publisher, News International. WHAT HAPPENED: The Times unmasked Richard Horton as the detective behind the award-winning "NightJack" blog, which provided a rare, behind-the-scenes look at policing in Britain.
NEW YORK-- TOOL TIME: Stanley Black& Decker Inc. said Tuesday that it is selling its hardware and home improvement business to Spectrum Brands Holdings Inc. for $1.4 billion in cash. RATIONALE: Spectrum says the deal will broaden its product offerings which include the Rayovac, Remington and Toastmaster brands.
FORT WORTH, Texas-- Less than two weeks after announcing plans to slash its operations in Mexico, Cash America is adding new pawn shops in the U.S. The Fort Worth, Texas, company said Tuesday that it has signed two deals for 34 locations, in Tennessee, North Carolina, Kentucky and Arizona, for $68 million to $72 million.
NEW YORK-- The owner of Olive Garden and Red Lobster restaurants is putting more workers on part-time status in a test aimed at limiting costs from President Barack Obama's health care law. Darden Restaurants Inc. declined to give details but said the test is only in four markets across the country.
RICHARDSON, Texas-- Fossil says Vice Chairman Mark Quick will retire from his post later this month and become a member of the board. This will bring Fossil Inc.' s board to 12 members. Shares of the Richardson, Texas company slipped 16 cents to $86.50 in morning trading.
SAN FRANCISCO-- The rise in California gasoline prices has slowed after recent jarring increases, but nonetheless the cost of a gallon inched up to another record high, even as officials hope their emergency action will help ease the sticker shock.
WASHINGTON-- The Supreme Court has ruled out reviving lawsuits against Halliburton Corp. over insurgent ambushes that killed civilian truck drivers in Iraq.
The International Monetary Fund said the global economy is weakening and that the downturn afflicting developing nations has begun to spread. After the closing bell, aluminum maker Alcoa becomes the first major U.S. company to report third-quarter results.
WASHINGTON-- The Supreme Court is staying out of the fight over efforts by Amazon rain forest residents to collect more than $18 billion from Chevron Corp. for environmental damage in Ecuador.
ATHENS, Greece-- German chancellor Angela Merkel said Greece has covered "much of the ground" required for recovery, during her landmark visit to the financially stricken country.
NEW YORK-- President Barack Obama deployed Big Bird in a new campaign ad Tuesday mocking Mitt Romney's vow to end federal funding for public broadcasting.
NEW YORK-- A year ago, not many people had heard of Lena Dunham. Dunham, 26, whose appearance sold out in the first 20 minutes that tickets went on sale this year, was interviewed by New Yorker TV critic Emily Nussbaum on Sunday, just as word of her seven-figure book deal was emerging, an essay collection to be published by Random House. "I dressed as you for Halloween!"
DANVILLE, Ky.-- Politicians aren't the only ones looking for a debate-related boost when Joe Biden and Paul Ryan go toe-to-toe in Kentucky.
The Irvine, Calif. company said Monday after markets closed that its total revenue rose 9 percent to $448 million, well short of its initial forecast for $465 million to $485 million. It said sales of Sapien heart valves totaled about $124 million, including $55 million in U.S. revenue.