National business and financial news from NewsOK

  • GM expert says 21 deaths eligible for compensation

    Updated: 28 min ago

    DETROIT (AP) — The death toll from crashes involving General Motors small cars with faulty ignition switches has risen to at least 21. Compensation expert Kenneth Feinberg says in an Internet posting he received 143 death claims as of Friday. He has determined that 21 are eligible for...

  • US stocks fall as China weighs on markets

    Updated: 30 min ago

    NEW YORK (AP) — U.S. stocks are falling as investors worry about new signs of weakness in China's economy. Worries about slowing growth in the world's second-largest economy pushed the down the price of oil, weighing on energy stocks. The Standard & Poor's 500 dropped 16 points, or 0.8...

  • Giuliani to help fight Noriega's video game suit

    Updated: 46 min ago

    LOS ANGELES (AP) — Former New York City Mayor Rudy Giuliani is joining a video game company's legal fight against disgraced Panamanian dictator Manuel Noriega, who is suing Activision over his inclusion in one of its popular "Call of Duty" games. Activision Blizzard Inc. announced Monday that...

  • Plosser, a leading Fed 'hawk,' to retire in March

    Updated: 51 min ago

    WASHINGTON (AP) — Charles Plosser, a leading inflation "hawk" at the Federal Reserve, announced Monday that he plans to retire March 1. Plosser, who has been president of the Fed's Philadelphia regional bank since August 2006, has been a leader of the officials known as hawks for their concerns...

  • Engineers call for national approach to flooding

    Updated: 57 min ago

    An organization of civil engineers is calling for a national strategy for mitigating flood risks, saying the U.S. has not fully heeded lessons from Hurricane Katrina and Superstorm Sandy. The American Society of Civil Engineers was scheduled to release its recommendations Monday in...

  • Apple: 10 million iPhone 6 and 6 Plus sold

    Updated: 57 min ago

    NEW YORK (AP) — Apple says it sold more than 10 million iPhone 6 and 6 Plus models, a record for a new model, in the three days after the phones went on sale. A year ago, Apple Inc. said it had sold 9 million of the then-new iPhone 5C and 5S models. The iPhone is available in the U.S.,...

  • Massachusetts gas prices drop 4 cents per gallon

    Updated: 59 min ago

    BOSTON (AP) — Massachusetts motorists are getting more relief at the pump, as the cost of a gallon of gas has fallen 4 cents in the past week. AAA Southern New England reports Monday that self-serve, regular has dropped to an average of $3.39 per gallon, a nickel higher than the national...

  • Judge maintains camera restrictions in Arias trial

    Updated: 1 hr ago

    PHOENIX (AP) — A judge in Phoenix is refusing to lift restrictions on camera coverage of the penalty phase of Jodi Arias' trial. Judge Sherry Stephens of Maricopa County Superior Court on Monday rejected local television stations' request to allow video footage to be broadcast 30 minutes after...

  • 'The Lion King' earns record box office

    Updated: 1 hr ago

    NEW YORK (AP) — Here's something the folks at Disney can take real pride in: "The Lion King" is the top ticket of all time. With a worldwide gross of over $6.2 billion, "The Lion King" stage musical has now achieved the most successful box office total of any work in any media in entertainment...

  • US existing home sales fall in August

    Updated: 1 hr ago

    WASHINGTON (AP) — Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce. Sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday. That snaps a...

  • JGWPT will change name to JG Wentworth Co.

    Updated: 1 hr ago

    NEW YORK (AP) — Finance company JGWPT Holdings said Monday it will change its name to The J.G. Wentworth Co. on Sept. 30. JGWPT Holdings Inc. buys structured settlement payment streams under the J.G. Wentworth and Peachtree brands. The company said it is adopting the J.G. Wentworth name because...

  • Clorox exits Venezuela citing govt restrictions

    Updated: 2 hr ago

    OAKLAND, Calif. (AP) — Clorox is shutting down all operations in Venezuela, citing restrictions by the government, supply disruptions and economic uncertainty. Shares jumped 3 percent before the opening bell Monday. The consumer products company said that for almost three years its affiliate,...

  • US stocks open lower on weakness in China

    Updated: 2 hr ago

    NEW YORK (AP) — U.S. stocks are opening lower as investors worry about some soft economic data from China and a profit warning by the British retailer Tesco. The Dow Jones industrial average fell 19 points, or 0.1 percent, to 17,259 as of 9:35 a.m. Eastern time Monday. The Standard & Poor's...

  • AutoZone tops 4Q profit expectations

    Updated: 3 hr ago

    MEMPHIS, Tenn. (AP) — AutoZone Inc. (AZO) on Monday reported fiscal fourth-quarter net income of $373.7 million. On a per-share basis, the Memphis, Tennessee-based company said it had profit of $11.28. The results exceeded Wall Street expectations. The average estimate of analysts surveyed by...

  • TTM to buy rival circuit board maker Viasystems

    Updated: 3 hr ago

    NEW YORK (AP) — TTM Technologies Inc. said Monday that it plans to buy rival circuit board maker Viasystems Group Inc. for about $368 million in cash and stock. TTM, which makes circuit boards used in cellphones, medical devices and tablets, said it is buying Viasystems to expand into the auto...

  • Gas prices dip in New Hampshire

    Updated: 4 hr ago

    CONCORD, N.H. (AP) — Gas prices in New Hampshire have decreased 2.8 cents in the past week, averaging $3.39 a gallon. Gasbuddy.com says that's 5 cents more than the national average, which fell 3.4 cents last week to $3.34 a gallon. Gas prices in New Hampshire are 18.5 cents per gallon lower...

  • Auxilium Pharma rejects Endo's takeover offer

    Updated: 4 hr ago

    CHESTERBROOK, Pa. (AP) — Auxilium Pharmaceuticals Inc.'s board has rejected an approximately $1.4 billion unsolicited takeover offer from Ireland's Endo International PLC. Auxilium, based in Chesterbrook, Pennsylvania, had adopted a one-year "poison pill" shareholder rights plan last week. The...

  • Siemens to acquire Dresser-Rand for $7.6 billion

    Updated: 5 hr ago

    HOUSTON (AP) — German electronics and engineering company Siemens AG has reached a deal to acquire oilfield equipment maker Dresser-Rand for $7.6 billion. Under the deal announced early Monday in Germany, Siemens will pay $83 per common share of Dresser-Rand Group Inc., $3.09 more than the...

  • Naver says no IPO for Line messenger app in 2014

    Updated: 5 hr ago

    SEOUL, South Korea (AP) — South Korean Internet company Naver Corp. said Monday its popular Line instant messaging app won't go public on a stock exchange this year. Naver, which is Line's parent company, said in a regulatory filing that Line Corp. had ruled out going public in 2014. The...

  • Ohio gas prices down again to start work week

    Updated: 7 hr ago

    COLUMBUS, Ohio (AP) — Gas is down again in Ohio, with prices at some stations in the state hovering just above the $3-a-gallon mark. A gallon of regular gas was averaging $3.19 in Monday's survey from auto club AAA, the Oil Price Information Service and WEX Inc. That's 12 cents lower than a...

  • Hospital converting to biofuels for heating

    Updated: 7 hr ago

    NORTH CONWAY, N.H. (AP) — A New Hampshire hospital is converting its heating system from petroleum fuels to biofuels and is believed to be the first hospital in the country to use the fuel. Memorial Hospital in North Conway has partnered with Ottawa-based Ensyn Fuels, which produces renewable...

  • AAA Michigan: Gas prices fall 13 cents in week

    Updated: 10 hr ago

    DEARBORN, Mich. (AP) — AAA Michigan says gasoline prices in the state fell about 13 cents in the last week, totaling a 25-cent drop over the past two weeks. The auto club says that the average price per gallon of self-serve regular unleaded gasoline was $3.36 on Sunday. That's about 22 cents...

  • UAW workers in Indiana approve Lear Corp. contract

    Updated: 16 hr ago

    HAMMOND, Ind. (AP) — Workers at a Lear Corp. plant in northwestern Indiana that makes automotive seats approved an agreement Sunday that will end a two-tiered pay system that left some workers earning much less than others. The United Auto Workers said in a statement that members of Local 2335...

  • Senate resolution opposes Canadian nuke waste plan

    Updated: 17 hr ago

    TRAVERSE CITY, Mich. (AP) — U.S. Sen. Carl Levin has introduced a resolution urging the Obama administration to oppose a Canadian proposal to bury radioactive waste less than a mile from Lake Huron. A federal panel in Canada is taking testimony on the plan to store low- and intermediate-level...

  • Gov. Brown signs clean-air vehicle legislation

    Updated: 18 hr ago

    SACRAMENTO, Calif. (AP) — Gov. Jerry Brown signed into law several bills designed to boost use of clean-air vehicles in California. One bill signed Sunday allows 15,000 additional electric and partial zero-emissions vehicles, or 70,000 total vehicles, to get green stickers that allow driving in...



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