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website AP Top Business News At 6 a.m. EDT
TOKYO (AP) -- Mazda Motor Corp. and Fiat SpA are working together on developing and manufacturing a roadster, or two-seater convertible, although the automakers will come up with different, distinctly styled models....
PLAINFIELD, Vt. (AP) -- The MacLaren brothers are third-generation dairy farmers, but they will likely be the last in their family....
WASHINGTON (AP) -- Oklahoma oil billionaire Harold Hamm didn't wait long to make a nearly $1 million donation to a group supporting Republican presidential candidate Mitt Romney after he became one of Romney's top energy advisers in March. Just weeks after Hamm joined the Romney campaign, he gave $985,000 to a pro-Romney super PAC, according to campaign reports....
text Skepticism over EU breakthrough hits markets
Wed, 23 May 2012 09:57:39 GMT
LONDON (AP) -- Skepticism that European Union leaders will be able to cobble together a plan to kick-start the region's faltering economy and deal with its crippling debt crisis hit stock markets hard Wednesday....
text Regulators probe bank's role in Facebook IPO
Wed, 23 May 2012 07:17:21 GMT
WASHINGTON (AP) -- Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading....
BEIJING (AP) -- A European envoy held out a possible compromise in a fight with China over carbon emissions charges on airlines, saying Wednesday that Europe might alter its system if Beijing helps negotiate global regulations....
text Why Facebook still doesn't look cheap
Tue, 22 May 2012 22:13:19 GMT
NEW YORK (AP) -- If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days....
SINGAPORE (AP) -- Oil fell to a seven-month low near $91 a barrel Wednesday in Asia after Iran agreed to allow the U.N. nuclear agency to restart an investigation into the country's nuclear program....
text Europe's leaders to tackle growth at summit
Wed, 23 May 2012 07:10:58 GMT
PARIS (AP) -- The leaders of the 27 countries that make up the European Union are to meet in Brussels Wednesday to try and find a way to keep the debt crisis in Europe from spiraling out of control and promote jobs and growth....
BEIJING (AP) -- East Asia's developing economies could face a shock from China's slowdown and need to boost domestic demand to offset weak exports due to a sluggish U.S. recovery and Europe's debt crisis, the World Bank said Wednesday....