National business and financial news from NewsOK

  • Buoys to help gauge offshore wind power potential

    Updated: Fri, Sep 12, 2014

    SEQUIM, Wash. (AP) — The Pacific Northwest National Laboratory is equipping two 10-ton buoys at its Marine Science Lab in Sequim (skwihm) to help research offshore wind power. The bright yellow buoys are each worth $1.3 million. After testing in Washington waters, the lab says they'll be...

  • Digital First Media exploring possible sale of co.

    Updated: Fri, Sep 12, 2014

    NEW YORK (AP) — Newspaper company Digital First Media said Friday that it is exploring strategic options, which could include a sale of the company or parts of it. The privately held company is the nation's second biggest U.S. newspaper publisher by circulation. Its publications include the Los...

  • OKC businessman Meinders buys 'trophy asset' in Oklahoma City's Deep Deuce

    By Jay F. Marks, Business Writer | Updated: Wed, Sep 10, 2014

    Businessman Bob Meinders turned in the winning bid for Deep Deuce’s Clark Building, which has been renovated into one of the most luxurious homes in Oklahoma City.

  • Taking Stock: Long-term investing takes some discipline

    Published: Sun, Sep 7, 2014

    Malcolm Berko: The question is not “if” there will be another stock market crash, nor “when” will it crash but rather, do you have the discipline to be a successful long-term investor?

  • Futures File: Grain prices slide as bumper crops arrive

    Updated: Fri, Sep 5, 2014

    Walt and Alex Breitinger: Corn, wheat and soybean prices all fell to their lowest levels in years this week, driven by expectations for a bountiful global harvest. U.S. farmers are expected to haul in record-sized corn and soybean crops this fall, and better outlooks for crops in Brazil and...

  • Business theme briefs for Sept. 3

    Published: Wed, Sep 3, 2014

    Business theme briefs for Sept. 3, 2014

  • Taking Stock: Be aware that annuities carry commissions, fees

    Published: Sun, Aug 31, 2014

    Malcolm Berko: Dividend-paying blue chips might be a better choice, Berko says.

  • American Airlines introduces combined LGBT employee group

    By CASEY SMITH - Tulsa World | Updated: Fri, Aug 29, 2014

    In some ways, American Airlines is all-inclusive. American Airlines used social media Wednesday evening to introduce Pride, its newly combined LGBT — lesbian, gay, bisexual, transgender — employee resource group with US Airways. On its corporate Twitter and Facebook accounts, the airline...

  • Listing of the Week: 2804 SE 39, Moore

    Published: Sat, Aug 16, 2014

    The 1,824-square-foot house has three bedrooms, two baths, one living room, two dining areas and an attached three-car garage.

  • Fake $100 bills eluded Secret Service because of their quality

    By Del Quentin Wilber, Bloomberg News | Published: Wed, Aug 13, 2014

    Agents describe ring as sophisticated, saying the counterfeiters appeared close to mimicking the latest currency security features, including 3D ribbons.

  • U.S. job openings in June hit 13-year high

    By JOSH BOAK, AP Economics Writer | Published: Wed, Aug 13, 2014

    U.S. employers in June advertised the most monthly job openings in more than 13 years.

  • What information is needed for Supplemental Security Income claim?

    Social Security Q&A: What information do I need for SSI? | Published: Sun, Aug 10, 2014

    What information do I need for SSI claim?

  • Boeing share price could gain altitude

    Published: Sun, Aug 10, 2014

    Malcolm Berko recommends buying Boeing stocks. This 99-year-old company has a backlog of $453 billion, which is about five years’ worth of future revenues. And those revenues are expected to rise about 8 percent annually.

  • Orange juice prices squeezed; wheat grows

    Published: Sat, Aug 9, 2014

    Wheat prices rise on uncertainty in Ukraine, where wheat crop finds itself in war zone.

  • Reel in excess back-to-school spending with these five tips

    By ALEX VEIGA, Associated Press | Published: Sat, Aug 9, 2014

    Students may not be thrilled about their summer break drawing to a close, but retailers couldn’t be happier. That’s because back-to-school shopping traditionally brings in a windfall that’s second only to the December holiday season. The average family with kids in kindergarten through 12th...

  • Oil boom, housing bust alter U.S. spending trends

    FROM STAFF AND WIRE REPORTS | Published: Fri, Aug 8, 2014

    Oklahomans spend the least, per person, on food, according to new government figures.

  • Bank of America may settle for as much as $17 billion

    By ERIC TUCKER and JOSH BOAK, Associated Press | Published: Thu, Aug 7, 2014

    Bank of America is nearing a settlement for $16 billion to $17 billion to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, The Associated Press has learned.

  • U.S. trade gap falls to lowest level in 5 months

    By CHRISTOPHER S. RUGABER, Associated Press | Published: Wed, Aug 6, 2014

    The U.S. trade deficit fell in June to its lowest level since January as imports dropped sharply, led by lower shipments of cellphones, petroleum, and cars.

  • Oklahoman columnist offers finance tips during vacation of a lifetime to Italy

    By Paula Burkes, Business Writer | Published: Wed, Aug 6, 2014

    Forty-five years after she dreamed of it, Oklahoman columnist Paula Burkes toured Rome, Florence and Italy last month.

  • Wealth gap seen as slowing U.S. recovery

    By JOSH BOAK, Associated Press | Published: Wed, Aug 6, 2014

    Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession. Now, an analysis by the rating agency Standard & Poor’s lends its weight to the argument: The widening gap between the wealthiest Americans and everyone else has made the economy...

  • Rates on U.S. Treasury bills fall at weekly auction

    Published: Tue, Aug 5, 2014

    The Treasury Department auctioned $28 billion in three-month bills at a discount rate of 0.025 percent, down from 0.030 percent last week.

  • Affordable housing draws middle class to inland cities, like Oklahoma City

    Published: Mon, Aug 4, 2014

    OKLAHOMA CITY — The country’s fastest-growing cities are now those where housing is more affordable than average, a decisive reversal from the early years of the millennium, when easy credit allowed cities to grow without regard to housing cost and when the fastest-growing cities had housing...

  • U.S. job growth slows but tops 200K for a sixth month

    By CHRISTOPHER S. RUGABER, Associated Press | Published: Sat, Aug 2, 2014

    Employers added 209,000 jobs last month. Though that was fewer than in the previous three months, the economy has now produced an average 244,000 jobs a month since February — the best six-month string in eight years.

  • Southwest Airlines ends partnership with SeaWorld

    By MIKE SCHNEIDER, Associated Press | Published: Thu, Jul 31, 2014

    Southwest Airlines and SeaWorld Entertainment will end their 25-year-old marketing partnership after their contract expires. The airline had been urged by animal rights activists to terminate the relationship.

  • U.S. judge fines Bank of America

    By KEN SWEET , AP Markets Writer | Published: Thu, Jul 31, 2014

    In brief BOA nets $1.3B fine NEW YORK — A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments. The fine was against Countrywide Financial,...