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Ex-FBI director to review BP settlement program

July 3, 2013 • BusinessComments (0)

FILE – In this Thursday, July 12, 2012 file photo, former FBI director Louis Freeh speaks about the Freeh Report during a news conference, in Philadelphia. Freeh was appointed Tuesday, July 2, 2013, to investigate alleged misconduct by a lawyer who helped run BP’s multibillion-dollar settlement fund. (AP Photo/Matt Rourke, File) NEW ORLEANS (AP)...

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US home prices rise in May by most in 7 years

July 3, 2013 • BusinessComments (0)

In this Tuesday, May 28, 2013 photo, a single family home is shown for sale in Surfside, Fla. U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening. Real estate data...

Review: Price for simplicity in new Google phones

July 3, 2013 • BusinessComments (0)

In this undated photo provided by Google, the Samsung GS4 Google Play Edition is shown. Google has worked with both Samsung Electronics Co. and HTC Corp. to come out with a “Google Play” edition of their hit phones. Instead of using customized software...

Auto sales maintain momentum, led by pickups

July 3, 2013 • BusinessComments (0)

In this Wednesday, May 8, 2013 photo, new 2013 Ford Fusions are seen at an automobile dealer in Zelienople, Pa. Sales from the major automakers are expected to show that confident U.S. buyers snapped up new cars and trucks at a strong pace in June. (AP...

US stocks turn lower after Egypt turmoil worsens

July 3, 2013 • BusinessComments (0)

In this Friday, June 28, 2013 photo, trader Robert Vella, left, works on the floor of the New York Stock Exchange. U.S. stocks are getting off to a slow start after a three-day rally. U.S. stock futures are rising with industry watchers expecting automakers...

US construction spending up 0.5 percent in May

July 2, 2013 • BusinessComments (0)

In this Thursday, May 9, 2013 photo, workmen pour the concrete deck on the east end of the new Interstate 90 bridge under construction in Cleveland. Spending on residential housing rose in May to the highest level in 4½ years, helping to send overall...

US factory activity expands in June, jobs decline

July 2, 2013 • BusinessComments (0)

FILE – In this Jan. 28, 2013 photo, workers assemble cars along a line at the General Motors Fairfax plant in Kansas City, Kan. U.S. manufacturing activity grew in June 2013 behind a pickup in new orders, exports and production, according to data...

Zynga CEO steps down, Microsoft exec to take post

July 2, 2013 • BusinessComments (0)

This undated photo provided by GlobeNewswire shows Zynga’s new CEO Don Mattrick, right, with Zynga’s founding CEO Mark Pincus. Zynga’s CEO, Mark Pincus, is stepping down to be replaced by Don Mattrick, the head of Microsoft’s Xbox...

Another ordeal for Newtown: Divvying up donations

July 2, 2013 • BusinessComments (0)

FILE – In this Jan. 14, 2013 file photo, white roses with the faces of victims of the Sandy Hook Elementary School shooting are attached to a telephone pole near the school on the one-month anniversary of the shooting that left 26 dead in Newtown, Conn....

Steinway accepts $438M buyout from Kohlberg & Co.

July 2, 2013 • BusinessComments (0)

FILE – In a May 17, 1996 file photo, John Volastro, who works in the restoration department of Steinway and Sons, applies the finishing touches to a Steinway piano at piano maker’s factory in the Queens Borough of New York. The famed piano maker...

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