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Rising interest rates weigh on real estate funds

November 29, 2013 • BusinessComments (0)

Associated Press writer Alex Veiga is photographed in Los Angeles, June 19, 2008. (AP Photo/Damian Dovarganes) One look at the lackluster gains of real estate mutual funds this year might give the impression that commercial property owners are struggling through a relapse of their post-financial crisis woes. But demand for office, retail and other...

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Gas pipeline ruptures, explodes in Missouri

November 29, 2013 • BusinessComments (0)

Smoke from a fire caused by a natural gas pipeline explosion drifts toward a barn Friday, Nov. 29, 2013 near Hughesville, Mo. Authorities said a 30-inch, owned by Panhandle Eastern Pipeline Co., ruptured shortly before midnight Thursday. No injuries were...

S&P 500 gains for 8th straight week

November 29, 2013 • Business, National NewsComments (0)

This Nov. 28, 2013 photo released by Macy’s shows Wendy Landry, left, purchasing items from sales associate Ashley Smith at the Macy’s Lenox Black Friday store opening in Atlanta. In the pre-dawn hours Friday, as some early-rising shoppers were...

Holiday shopping season begins on Thanksgiving

November 28, 2013 • BusinessComments (0)

People wait outside the American Eagle store for it to open at the Citadel Outlets on Thursday, Nov. 28, 2013, in Los Angeles. Instead of waiting for Black Friday, which is typically the year’s biggest shopping day, more than a dozen major retailers are...

Asia stocks lower ahead of Europe data, US sales

November 28, 2013 • BusinessComments (0)

People are reflected on the electronic board which shows the U.S. dollar rate against the Japanese yen, top left, at a securities firm in Tokyo,Thursday, Nov. 28, 2013. Japanese stocks jumped Thursday as the yen lingered near a six-month low, leading a...

Japan prices, industrial output rise in October

November 28, 2013 • BusinessComments (0)

FILE – In this Oct. 1, 2013 file photo, people walk through a shopping mall in Tokyo. Japan’s economy is gaining momentum, data for October showed, with consumer prices excluding food and energy rising 0.3 percent from a year earlier, the biggest...

Demolition nearly finished at flooded Vt. office

November 28, 2013 • BusinessComments (0)

In this Tuesday, Nov. 26, 2013, photo, a worker disassembles a building at the state office complex in Waterbury, Vt. Demolition at the flooded former Vermont state office complex in Waterbury is shifting into high gear so officials can be ready to begin the...

EU leaves door open for Ukraine deal after summit

November 28, 2013 • BusinessComments (0)

Ukraine’s President Viktor Yanukovych, right, shakes hands with European Commission President Jose Manuel Barroso, left, next to European Council President Herman van Rompuy in Vilnius, Lithuania, Thursday, Nov 28, 2013. Van Rompuy and Barroso met with...

Mexico’s booming car industry selling unsafe cars

November 28, 2013 • BusinessComments (0)

In this image taken from a March 2013 video released by independent crash-test group Latin NCAP on Nov. 27, 2013, a Nissan model Tsuru vehicle with no airbags is crash-tested at Latin NCAP’s facilities in Landsberg am Lech, Germany.VMany international...

Ohio governor meets with evacuees in derailment

November 28, 2013 • BusinessComments (0)

This Nov. 27, 2013 photo shows the west end of the CSX Corp. train yard in Willard, Ohio. Hundreds of homes were evacuated after a railcar, possibly damaged in a derailment, leaked flammable liquid in a rail yard. No injuries were reported. (AP Photo/The...