Complete coverage: Oklahoma tornadoNEW YORK (AP) — The prospect of continued stimulus from the Federal Reserve and rising optimism among small business owners helped push stock prices back to record levels.
Markets climb, led by small-company stocks
Harman Int'l 3Q adjusted profit beats Street view
STAMFORD, Conn. (AP) — Harman International Industries Inc. said Thursday that its fiscal third-quarter net income dropped 80 percent absent a large tax-related gain recorded in
Ford to enter Myanmar with showroom by August
YANGON, Myanmar (AP) — Ford Motor Co. says it is entering Myanmar, with plans to open a new car showroom in Yangon by August.
Obama administration missed clues on Fisker
WASHINGTON (AP) — The Energy Department did not realize for four months that troubled automaker Fisker Automotive Inc. had missed a crucial production target that was required as
Energy Dept. seizes $21M from electric car maker
WASHINGTON (AP) — The Obama administration has seized $21 million from troubled automaker Fisker Automotive Inc. just weeks after the company laid off three-fourths of its workers
Chinese automakers struggle against global rivals
SHANGHAI (AP) — These should be good times for Chinese automakers as they prepare to show off their latest models at the Shanghai auto show.
Highlights from the Fed's US economic survey
WASHINGTON (AP) — A strong housing recovery and solid auto sales helped the U.S. economy grow at a moderate pace from late February through early April, according to a Federal
Judge approves Fisker supplier claims settlement
DOVER, Del. (AP) — A Delaware bankruptcy judge is approving a settlement between electric car maker Fisker Automotive Inc. and its former battery supplier.
Calley continues 6-day trade trip to Netherlands
LANSING, Mich. (AP) — Lt. Gov. Brian Calley has rung the opening bell at the New York Stock Exchange/Euronet in Amsterdam as he and a delegation from Michigan continue their
Ford says Focus is best-selling car the world
DETROIT (AP) — Ford Motor Co. says its Focus small car was the best-selling vehicle nameplate in the world last year, with just over 1 million sold.
RI gov brings back ex-economic development chief
PROVIDENCE, R.I. (AP) — Gov. Lincoln Chafee on Monday nominated a former executive director of Rhode Island's economic development agency from the 1990s to lead it again as it
AP Source: Fisker to cut workers at headquarters
DETROIT (AP) — A person briefed on the matter says electric car maker Fisker Automotive will lay off a large number of workers at its California headquarters on Friday.
Kendallville family-owned company closing doors
KENDALLVILLE, Ind. (AP) — A northeastern Indiana family-owned business says it's closing its doors after being hard hit by the recession.
Ohio tax credits help bring jobs to hard-hit city
WILMINGTON, Ohio (AP) — A southwest Ohio city hit hard by job losses during the recession is getting help in spurring job creation from state tax incentives.
Donors give $8M for Detroit EMS units, police cars
DETROIT (AP) — Several businesses have pledged a total of $8 million to help cash-strapped Detroit pay for a new fleet of emergency vehicles, including 23 EMS units and 100 police
AK Steel projects larger-than-expected 1Q loss
WEST CHESTER, Ohio (AP) — AK Steel Holding Corp. on Friday projected a larger-than-expected first-quarter loss, saying that a previously expected seasonal increase in spot demand
