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MONEY NEWS FROM THE ASSOCIATED PRESS

Money

  • Money

    Allegiant announces second executive departure this month

    LAS VEGAS (AP) — Allegiant Air’s parent says its chief operating officer has resigned, the second high-ranking executive to leave the discount carrier this month. Allegiant Travel Co. said Friday that Jude Bricker is leaving, but the airline gave no further explanation. Bricker joined Allegiant in 2006. The Las Vegas company called him a key […]
  • Money

    GameStop and Zoe’s fall; Deckers and Costco climb

    NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: GameStop Corp., down $1.40 to $22.22 Investors were concerned about the video game retailer’s mobile device sales and its annual forecasts. Costco Wholesale Corp., up $3.13 to $177.86 The warehouse club operator reported strong third-quarter results. Ulta Beauty Inc., up $9.36 to […]
  • Money

    How major US stock market indexes fared on Friday

    U.S. stocks made the tiniest of gains Friday as media companies and sellers of beauty products and food ticked higher. Major indexes added to their winning streak and record highs. On Friday: The Standard & Poor’s 500 index picked up 0.75 points to 2,415.82. The Dow Jones industrial average slipped 2.67 points to 21,080.28. The […]
  • Money

    US rig count rises 7 this week to 908; Colorado up 5

    HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by seven this week to 908. A year ago, 404 rigs were active. Houston oilfield services company Baker Hughes said Friday that 722 rigs sought oil and 185 explored for natural gas this week. One was listed as […]
  • Lifestyle

    Stable gas prices expected to boost Memorial Day road trips

    Stable gasoline prices are expected to fuel a slight increase in long trips this Memorial Day weekend. The AAA auto club predicts that 39 million Americans will make a trip of at least 50 miles this weekend, up 2.7 percent from the same holiday last year. The nationwide average price for a gallon of regular […]
  • Lifestyle

    Recalls this week: ride-on toys, spinner toys, furniture

    Several models of battery-operated ride-on toys are being recalled because the acceleration pedal can stick, posing a hazard to children. Other recalled consumer products include lamps with defective switches and wicker furniture with lead paint. Here’s a more detailed look: RIDE-ON TOYS DETAILS: Three models of 12-volt battery-operated ride-on toys, including Surge 12V Camo 4X4, […]
  • Money

    Ford’s ex-CEO leaves company with $51.1 million

    DETROIT (AP) — Ford’s former CEO Mark Fields is leaving the company with an estimated $51.1 million in cash, stock awards and pension benefits. Fields, 56, retired earlier this week after three years as CEO. Ford made record profits during his tenure but its stock price dropped nearly 40 percent on investors’ concerns about the […]
  • Specialist Meric Greenbaum works at his post on the floor of the New York Stock Exchange, Friday, May 26, 2017. Stocks are opening a bit lower after a six-day winning streak. (AP Photo/Richard Drew) Money

    More records, barely, as stocks rise for 7th day

    NEW YORK (AP) — U.S. stocks made the tiniest of gains Friday as media companies and sellers of beauty products and food ticked higher. Major indexes added to their winning streak and record highs. Stocks spent the day flipping back and forth between small gains and losses. Beauty products maker Ulta rose after a strong […]
  • Money

    Markets Right Now: Tiny gains push S&P, Nasdaq to records

    The latest on developments in financial markets (All times local): 4:00 p.m. Major U.S. stock indexes ended the day pretty much where they started as trading was quiet ahead of the Memorial Day holiday. Meager gains by the Standard & Poor’s 500 index and the Nasdaq composite were enough to leave both at record highs. […]
  • Money

    BMW recalls 7-Series cars because doors can fly open

    DETROIT (AP) — BMW is recalling more than 45,000 older 7-Series cars in the U.S. because the doors can open unexpectedly while they’re being driven. The recall covers certain 745i, 745Li, 750i, 750Li, 760i, 760Li and B7 Alpina cars from the 2005 through 2008 model years that have the comfort access and soft door close […]