Business

Obama does victory lap for American auto industry

President Barack Obama landed in MI shortly after noon today and prepared for a day of celebrating the resurgence of Detroit and the domestic auto industry.

More US companies to collapse due to Saudi oil strategy

With prices at historic lows, oil industry executives do not expect oil to return to the $100 a barrel price range anytime in the near future. On the way down

All American Airlines flights at Charlotte canceled Friday in advance of storm

The east coast winter storm expected to hit Friday will dump feet of snow, and it’s already impacting air travel from the Miami Valley.

Loonie stable but under 69 cents US

The Canadian dollar was holding its own early Thursday as overseas markets and US index futures gave mixed signals. Eight of its 10 main groups were higher.

Missouri unemployment rate falls to 4.4 percent

Statewide unemployment fell to 6.4 percent in December, compared with 6.5 percent in November and 7 percent in December 2014, the state Department of Employment, Training and Rehabilitation reported Wednesday.

TORONTO (AP) – Canada’s central bank has kept its key interest rate unchanged

While it was the crash in crude and its profound effect on the economy that moved Bank of Canada Governor Stephen Poloz to cut rates twice a year ago, the

Asian stocks sink on U.S. turbulence, weak China growth

Gold, a traditional safe haven in times of turmoil, rose more than 1 per cent. Besides collapsing oil prices, fears of a slowdown in China, the world’s second-largest economy and

Oil prices may fall further this year, the IEA says

It said in its monthly report Tuesday that excess global supply may reach 1.5 million barrels per day during the first half of the year.

2 of 3 dead near NY college were student athletes

Hutchinson, from North Vancouver, was a student at the State University of New York (SUNY) in Geneseo, and also a volunteer firefighter.

Johnson & Johnson to cut about 3000 jobs in medical devices

The move is slated to put a $2 billion to $2.4 billion pre-tax hit on the balance sheet, the company said, including $600 million during the 4th quarter of 2015.

Tax season has officially arrived

They are available online at IRS.gov.

Walmart closing 269 stores; none in the valley

Citing changes in its market strategy, big-box retailer Wal-Mart announced Friday it would be closing 269 stores globally, including 154 locations in the United States.

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