Business Highlights
NEW YORK (AP) — Major U.S. stock indexes rose to record highs on Monday, led by big gains in energy companies as the price of crude oil moved sharply higher, which is positive news for the long-struggling energy sector.
Investors also applauded several corporate deals, and technology companies, which have been lagging the market in recent weeks, posted solid gains.
The price of oil jumped 4 percent ahead of a meeting of OPEC countries, who collectively produce more than a third of the world's oil.
(AP) — U.S. officials plan to block new mining claims outside Yellowstone National Park as the Obama administration races in its last days to keep industry out of pristine and environmentally sensitive areas.
Details were obtained by The Associated Press in advance of Monday's formal announcement by Interior Secretary Sally Jewell.
Wal-Mart Stores Inc. said Monday that it's kicking off its so-called Cyber Monday deals at 12:01 a.m. EST Friday for the first time ever as it aims to grab customers ahead of its competitors.
WASHINGTON (AP) — Some varieties of Sabra hummus are being recalled amid concerns over possible listeria contamination.
The company, which makes Tyson chicken, Jimmy Dean sausage and Ball Park hot dogs, also reported disappointing earnings results for the fourth quarter and weak outlook for the year.
PANAMA CITY (AP) — A panel of independent experts says Panama must improve its information sharing with foreign nations and implement internal regulations to close "gaps" in the country's financial services sector and alter its image as a paradise for tax evaders.
Construction of the $3.8 billion pipeline has been the object of protests for months by the Standing Rock Sioux, whose reservation lies near the pipeline route, and the tribe's allies, who fear a leak could contaminate their drinking water.
Ned Johnson became CEO of Fidelity in the mid-1970s and led the Boston company through a period