Business

AAA Michigan: Gas prices remain at $1.91 from last week

AAA estimates that the annual average price of gas in 2016 will be between $2.25 and $2.45 per gallon.

NORAD to track Santa’s movements for 60th year

Volunteers design and build unique, 3-D tracking software so that children can follow the progress of Santa Claus as he speeds around the globe bringing gifts to all good little

Oil ends 2015 in downbeat mood, hangover to be long and painful

When asked about production in 2016, Zahir said: “We are still going to see a tremendous amount of oil being pumped”. Analysts had predicted crude stockpiles would decline.

Hyundai, Kia see 2016 sales lagging industry growth

“As we all can see, the Chinese market has been weaker than expected, which is the reason for missing our sales target“, he said.

Investor Carl Icahn sweetens offer for Pep Boys, topping Bridgestone’s bid

Pep Boys shares traded 2.85% lower at $18.40 in afternoon trading, dipping below the share price of Icahn’s winning offer after soaring above the bid in Tuesday trading, apparently in

Samsung showcases upgraded gaming service for Smart TVs at CES 2016

Samsung is pulling out all the stops when it comes to delivering on the smart home experience. Surfing between these different sources and controlling these different devices can be an

Sensex crashes 538 pts, Nifty below 7800 on global meltdown

The Chinese yuan dropped to a fresh five-year low against the U.S. dollar in morning trade after China said manufacturing PMI contracted in December to 48.2, compared with 48.6 in

Chinese Stock Markets Shut After Shares Fall

The Chinese share market has been forced to close early after stocks tumbled on the first day of trade for the year, triggering a new “circuit breaker” mechanism.

Bridgestone pulls out of bidding war for Pep Boys

However, Icahn Enterprises has no intention to increase its current $18.50 per share offer if Pep Boys agrees to any increase in the termination fee payable to Bridgestone. He offered

China Market Halted After 7% Dive

Russia’s ruble strengthened with oil. The offshore yuan slid the most since August. Germany’s Dax dropped 3.2%, while France’s CAC 40 declined 2.5% and London’s FTSE 100 shed 2%.

Major earthquake strikes in northeast India

A strong 6.7 magnitude quake struck northeast India near the country’s borders with Myanmar and Bangladesh early on January 4, sending people fleeing into the streets with dozens injured in

Oil ends 2015 in downbeat mood as price outlook remains bleak

Oil prices sank Wednesday after an unexpected rise in U.S. commercial crude stockpiles reinforced worries about the prolonged global oversupply.

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