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  • Business Highlights

    ___ OPEC agrees to pump more oil but crude prices jump anyway VIENNA (AP) — The OPEC oil countries have agreed to increase their production by almost 1 million barrels a day. Analysts say the move should help contain the recent rise in global energy prices. Questions remain, however, over the ability of some OPEC […]
  • Exxon Mobil and CarMax jump; Red Hat and Tesla tumble

    NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Exxon Mobil Corp., up $1.69 to $81.38 Energy companies and oil prices rallied after OPEC said it will produce more oil, but not as much as investors feared. Red Hat Inc., down $25.59 to $142.14 The open source software company cut its […]
  • From boat makers to farmers, US-led tariff war inflicts pain

    WASHINGTON (AP) — A Florida boat builder absorbs $4 million in lost business and expects more pain. An Ohio pork producer is losing access to a vital export market and fears the damage will last years. A motorcycle shop near Cologne, Germany, wonders if it even has a future. A brawl that the United States […]
  • How major US stock indexes fared Friday

    Oil prices and energy companies rallied Friday after OPEC said it will produce more oil, but not as much as investors feared. While trade tensions remained in the headlines, U.S. stocks finished slightly higher at the end of a bumpy week. On Friday: The S&P 500 index picked up 5.12 points, or 0.2 percent, to […]
  • National rig count falls by 7 to 1,052; Louisiana loses 4

    HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. decreased by seven this week to 1,052. At this time a year ago there were 941 active rigs. Houston oilfield services company Baker Hughes reported Friday that 862 rigs drilled for oil this week and 188 for gas. Two […]
  • Car dealers gear up for Saudi women to hit the roads

    RIYADH, Saudi Arabia (AP) — Cradling her four-month-old daughter, Nour Obeid scans the car showroom and heads to the mid-sized SUVs. In the past, a woman looking to buy a car in Saudi Arabia would focus on the features in the back, but Obeid is checking out the driver’s seat, picturing herself doing grocery store […]
  • The Latest: Auto trade group decries Trump’s tariff threat

    WASHINGTON (AP) — The Latest on America’s disputes with its trading partners (all times local): 3:05 p.m. A trade association representing a dozen automakers doing business in the United States says President Donald Trump’s threat to slap 20 percent tariffs on vehicles imported from Europe is “not the right approach.” The Alliance of Automobile Manufacturers […]
  • US stocks finish mostly higher as energy companies climb

    NEW YORK (AP) — Oil prices and energy companies rallied Friday after OPEC said it will produce more oil, but not as much as investors feared. While trade tensions remained in the headlines, U.S. stocks finished slightly higher at the end of a bumpy week. U.S. crude futures jumped 4.6 percent after OPEC nations agreed […]
  • Markets Right Now: Stocks rise as energy companies surge

    NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. U.S. stocks are closing higher Friday as oil prices and energy companies rallied. OPEC said it will produce more oil, but not as much as investors feared. U.S. crude jumped 4.6 percent and Exxon Mobil advanced 2.1 percent. Health […]
  • Police: Backup driver in fatal Uber crash was distracted

    PHOENIX (AP) — The human backup driver in an autonomous Uber SUV was streaming the television show “The Voice” on her phone and looking downward just before fatally striking a pedestrian in suburban Phoenix, according to a police report. The 300-page report released Thursday night by police in Tempe revealed that driver Rafaela Vasquez had […]