WRAL.com - AP Business News

Summer travel forecast: Better, but no blowout

Fri, 24 May 2013 14:37:22 -0400

This summer, high rollers are flying to lavish hot spots for their vacations. The rest of us are driving to less luxurious places like nearby campgrounds.

Stocks barely budge; market ends week with loss

Fri, 24 May 2013 17:32:20 -0400

Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.

Delta ups the ante in battle for NY travel market

Fri, 24 May 2013 16:41:29 -0400

Delta's formula for winning over New York travelers is simple: floor-to-ceiling windows, abundant power outlets and a burger joint with a cult-like following.

Netflix looks to hook subscribers with 'Arrested'

Fri, 24 May 2013 16:50:15 -0400

Netflix is hoping this weekend's release of the resurrected TV series "Arrested Development" will draw more subscribers to its Internet video service.

FDA warns of infections tied to Tennessee pharmacy

Fri, 24 May 2013 16:47:16 -0400

Government health officials are investigating cases involving patients who suffered complications after being injected with potentially contaminated medications made by a Tennessee specialty pharmacy.

US durable goods orders rise 3.3 percent in April

Fri, 24 May 2013 09:28:30 -0400

U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring.

Procter & Gamble brings back A.G. Lafley as CEO

Fri, 24 May 2013 08:01:10 -0400

Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.

Some unions now angry about health care overhaul

Fri, 24 May 2013 09:14:14 -0400

When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters.

Barrick fined $16m for Pascua-Lama violations

Fri, 24 May 2013 16:07:41 -0400

Chile's environmental regulator blocked Barrick Gold Corp.'s $8.5 billion Pascua-Lama project on Friday and imposed its maximum fine on the world's largest gold miner, citing "very serious" violations of its environmental permit as well as a failure by the company to accurately describe what it had done wrong.

China gives US regulators access to audit records

Fri, 24 May 2013 10:32:35 -0400

China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute.