AP - Business




A subsidiary of ExxonMobil Corp. and BHP Billiton Ltd on Friday announced a $1.25 billion project to tap oil and gas reserves in Bass Strait off southern Australia. More...




Samsung's Second-quarter Net Profit Surges

Samsung Electronics' Second-quarter Net Profit Surges 51 Percent



Japanese Internet Mogul Found Guilty In Appeal

Japan Court Upholds Guilty Verdict Of Former Internet Mogul Accused Of Securities Violations



China Says Has More People Surfing The Web Than US

China Says Its Population Of Internet Users Rises To World No. 1 At 253 Million



Ford, Daimler, Hyundai Profits Fall; Renault Up

Ford, Daimler, Hyundai Profits Fall In Tumultuous Industry; Renault Up But Threatens Cuts



AP Told 3 Bidders Make Final Cut To Buy Cubs

AP Told 3 Cubs Finalists Each Offer Tribune About $1 Billion For Team, Wrigley, TV Operation



Calif. Requires Ships To Cut Pollution Off Coast

Calif. Air Regulators Pass Strict Emission Rules For Ocean-going Ships Headed Into Ports



All Types Of Mortgages See Rate Increases

Rates On 30-year Mortgages Jump To Highest Level In Nearly A Year, Reflecting Market Worries



UBS Faces Charges In Auction-rate Securities Mess

UBS To Face Civil Fraud Charges In NY Over Its Conduct In The Auction-rate Securities Market



Existing Home Sales Fall 2.6 Percent In June

Existing Home Sales Fall 2.6 Percent In June, More Than Double The Expected Amount



Vast Oil, Natural Gas Reserves Estimated In Arctic

US Geological Survey Says Area North Of Arctic Circle Holds 90 Billion Barrels Of Untapped Oil



Occidental Petroleum 2Q Profit Sets Record

Occidental Petroleum 2Q Profit Sets Record, Tops Wall Street Forecasts



Xerox 2Q Profit Declines 19 Pct, But Meets Views

Xerox 2Q Profit Declines 19 Pct, Meets Views, As Restructuring Charges Weigh On Results



Southwest 2Q Profit Up, Sales Rise 11 Percent

Southwest Airlines 2nd-quarter Earnings Up On Higher Revenue And Gains From Hedging Fuel Costs



Lilly 2Q Earnings Rise 44 Pct As Sales Increase

Eli Lilly Profit Increases 44 Percent In 2nd Qtr On Rising Sales; But Cuts Profit Forecast


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