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Target's 1Q profit drops 26 pct on weak sales May 22, 2013 NEW YORK (AP) — Target Corp. is reporting a 26 percent drop in first-quarter profits as cool temperatures and financial pressures limited customers' appetite for spending. The company, based in Minneapolis, also cut its annual profit outlook. Target says that it earned $498 million, or 77 cents per share, for... Read More
Futures rise; all eyes on the Fed May 22, 2013 NEW YORK (AP) — U.S. stock futures are rising with the nation's central bank seemingly committed to ushering along a financial rebound and the housing market nearing an important milestone. Dow Jones industrial futures are up 15 points to 15,370. S&P futures have added 2.2 points to 1,667.80. Nasdaq futures are... Read More
Staples 1Q profit falls, misses Street estimates May 22, 2013 FRAMINGHAM, Mass. (AP) — Staples' net income fell 9 percent in the first quarter, as revenue fell 4 percent with fewer people heading into its North American and European stores. The office products company earned $169.9 million, or 26 cents per share, for the period ended May 4. A year earlier the Framingham,... Read More
Schumer: US needs storm app for tablets, phones May 22, 2013 ALBANY, N.Y. (AP) — U.S. Sen. Charles Schumer is proposing a national application for smartphones, tablets and the Internet which would quickly update comprehensive storm warnings nationwide. The app would simplify, streamline and digitize complex data to avoid confusion resulting from conflicting media reports... Read More
Japan watchdog: Nuclear plant sits on active fault May 22, 2013 TOKYO (AP) — Japan's nuclear watchdog on Wednesday endorsed a panel's conclusion that a seismic fault running underneath one of two reactors at an atomic plant in western Japan is active, making the reactor's restart virtually impossible. The Nuclear Regulation Authority said it agreed with the panel of experts... Read More
Oklahoma oil and gas prices: May 22, 2013 May 22, 2013 OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Tuesday: Oklahoma Sweet: Sunoco Inc. — $ Oklahoma Sour: Sunoco Inc. — $ Oklahoma oil and gas drilling activity posted Apr. 23: COMPLETION Alfalfa: Midstates Petroleum Co. LLC; Humphrey No. 1H-15 Well; NE1/4 NW1/4 NW1/4 NE1/4 (SL) of... Read More
Lowe's 1Q profit rises, but results miss Street May 22, 2013 MOORESVILLE, N.C. (AP) — Lowe's first-quarter net income rose almost 3 percent, even as a wet and cool spring dampened sales of gardening products. But the home improvement chain's quarterly performance missed Wall Street's expectations. Its shares dropped more than 4 percent in premarket trading Wednesday.... Read More
US auto factories cutting back on summer downtime May 22, 2013 DETROIT (AP) — The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks. Ford Motor Co. said Wednesday that 21 of its North American factories will shut for only one week this summer.... Read More
Sony mulls hedge fund's entertainment sale idea May 22, 2013 TOKYO (AP) — Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. Hirai was asked about the proposal at a corporate strategy presentation Wednesday. He did not give a timetable... Read More
Immigration bill heads to full Senate May 22, 2013 WASHINGTON (AP) — A far-reaching bill to remake the nation's immigration system is headed to the full Senate, where tough battles are brewing on gay marriage, border security and other contentious issues, with the outcome impossible to predict. The Senate Judiciary Committee approved the measure 13-5 Tuesday... Read More
NRC discussing safety assessment of SC nuke plant May 22, 2013 HARTSVILLE, S.C. (AP) — Federal nuclear regulators are visiting Hartsville to discuss safety at a power plant. Officials from the U.S. Nuclear Regulatory Commission are set to hold a public meeting on Wednesday to talk about their annual assessment of safety at the H.B. Robinson Nuclear Plant. Overall, NRC... Read More
Details of the Senate immigration bill May 22, 2013 A look at the 867-page immigration overhaul bill approved Tuesday by the Senate Judiciary Committee: ___ BORDER SECURITY —The bill sets goals of surveillance of 100 percent of the border with Mexico, and catching or turning back 90 percent of would-be crossers. —Within six months of enactment of the bill,... Read More
Offshore winds focus of Va. meeting May 22, 2013 RICHMOND, Va. (AP) — An authority promoting the development of wind power off Virginia's coast is scheduled to meet in Richmond. The Virginia Offshore Wind Development Authority is meeting Thursday. The agenda includes a discussion of an agreement to protect the rare North Atlantic right whale, which migrates... Read More
Oklahoma tornadoes: Acts of kindness are seen as businesses, others donate May 22, 2013 Foundations, corporations step up to aid recovery after tornado rips through south Oklahoma City and Moore. Read More
Oklahoma tornadoes: Central Oklahoma builder has rebuilt before in Moore May 22, 2013 Moore builder Marvin Haworth developed the neighborhoods around Briarwood Elementary School, which was destroyed by Monday's tornado. Read More
Oklahoma tornadoes: Moore storm leaves shattered storefronts, job losses May 22, 2013 The Camden Village shopping area was devastated by Monday's tornado in Moore. Read More
Oklahoma tornadoes: For Moore businesses, rebuilding will be more than structural May 22, 2013 While many Moore businesses will be working to repair the brick-and-mortar part of the store, bringing customers back after the storm takes work, too. Read More
Oklahoma business brief for May 22, 2013 May 22, 2013 Chesapeake Energy Corp. Chairman Archie Dunham has sold 450,000 shares of company stock. Read More
Laredo selling Anadarko Basin acreage in $438M deal May 22, 2013 Laredo Petroleum Holdings Inc. will focus on its acreage in west Texas after striking a deal to sell its holdings in the Anadarko Basin of western Oklahoma and the Texas Panhandle. Read More
Oklahoma tornadoes: Price gouging law is in effect in Oklahoma May 22, 2013 Gov. Mary Fallin's emergency declaration put the Oklahoma Emergency Price Stabilization Act in effect for 16 counties. Read More
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OKC Central: TimeCar comes to Deep Deuce

TimeCar is now open for business in Deep Deuce. It's a car sharing service, and will offer nearby residents and businesses 24-hour access to vehicles.

Drink up: family marks 50 years in business

Providing bottled water and filtration systems is what the Mollman family has worked on for five decades. They are a Culligan's water franchisee.

'Place making' next big key to urban development

A once forgotten alley converted into a plaza is just a glimpse of how developers, planners and civic leaders are looking at “place making” as the next big key to urban redevelopment.

Chesapeake Energy sells twin office buildings

Chesapeake Energy Corp. has sold the twin Central Park office buildings near N Lincoln Boulevard and Interstate 44 for $22 million, taking a $7 million loss on the properties it purchased two years ago.

The Play: May 7, 2013

Coming up in tomorrow's Oklahoman: an update on a high profile murder trial, will furloughs still take place within the Department of Defense, what is "Tier 3" gasoline and movement within the Hertz corporation.

BC Clark is hiding jewelery

BC Clark is hiding jewelery around Oklahoma City between now and Mother’s Day, with hints provided on its Facebook page.

Renovation set to start on Mideke Building in Oklahoma City's Bricktown

Mideke Building LLC has closed on the Mideke building in Bricktown, construction set to start next week on converting top three floors into 36 apartments.

OKC Central: Better Block OKC at the Farmer's Market

A tour of the planned Better Block OKC event at the Farmer's Market district.


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