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Average retail gas prices soar 19 cents
Apr 10 2005 9:28PM (CT)
LOS ANGELES (AP) - Gas prices soared an average 19 cents in the past three weeks due to lingering high crude oil prices, growing demand and higher refining costs, an industry analyst said Sunday.
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Crash tests: Redesigned GM minivans safer
Apr 10 2005 8:10PM (CT)
WASHINGTON (AP) - The 2005 Chevrolet Uplander, Pontiac Montana SV6, Saturn Relay and Buick Terraza, newly redesigned General Motors Corp. minivan models, offer better protection for occupants than do earlier versions, according to the results of crash tests conducted by the insurance industry.
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Annuity-insurance pair could help some
Apr 10 2005 7:12PM (CT)
NEW YORK (AP) - An investing technique that can safely boost your income while increasing your children or grandchildren's inheritance may sound too good to be true. It is, for most people. But, if you're over age 70, in exceptional health, and have a high net worth, a combination of what's known as a single premium immediate annuity with a life insurance policy may be very attractive.
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Spitzer: Buffett a witness in AIG probe
Apr 10 2005 7:09PM (CT)
ALBANY, N.Y. (AP) - Billionaire investor Warren Buffett is merely a witness who could "shed light" on transactions involving the former chief executive of insurer American International Group Inc., which is now at the center of federal and state probes, New York Attorney General Eliot Spitzer said Sunday.
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EU seeks talks on Boeing-Airbus subsidies
Apr 10 2005 4:32PM (CT)
BRUSSELS, Belgium (AP) - The European Union wants to continue negotiations with the United States to resolve a dispute over subsidies to aviation giants Boeing and Airbus despite the failure to strike a deal before Monday's deadline.
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eBay consignment stores popping up
Apr 10 2005 4:31PM (CT)
SOUTH PORTLAND, Maine (AP) - Margaret Rogosienski has seen the future for getting rid of old stuff: It's an 1,100 square-foot retail store on a busy stretch of Broadway. The store, C-it-Sell, is thought to be the first in Maine devoted solely to selling items on eBay for customers. Nationwide and overseas, hundreds of eBay drop-off stores are popping up in strip malls and on street corners from Maine to California, and beyond.
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Economics often a bundle of contradictions
Apr 10 2005 4:30PM (CT)
WASHINGTON (AP) - Buying binges by consumers and companies can power the economy yet catapult the trade deficit. A weaker dollar can help U.S. manufacturers but hurt American shoppers. Rising home prices can give a homeowner a sense of wealth and make a house hunter feel cash-strapped. These are just a few of the apparent contradictions of economics.
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British gov't offers loan for MG Rover
Apr 10 2005 3:15PM (CT)
LONDON (AP) - The government on Sunday announced a 6.5 million-pound ($11.7 million) loan to keep troubled British automaker MG Rover afloat while the company tries to revive a crucial deal with a Chinese car maker.
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