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Oil gains to near $96 as investors eye US economy

The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy. By early afternoon in Europe, benchmark oil for June delivery was up 45 cents to $95.61 a barrel in electronic trading on the ...

The cockpit of the new S-Class Mercedes is seen during the presentation in Hamburg, Germany, Wednesday, May 15, 2013. The new Mercedes is supposed to have lower fuel consumption and high security standards due to driving assistance.. (AP Photo/dpa/Marcus Brandt)

European car sales up for first time since 2011

The European auto industry may be showing the first signs of a slowdown in its sales free-fall, according to data from the European automaker's association. New car registrations in April were up 1.7 percent on the same time last year, the ACEA's latest figures show. Although the April rise has ...

This undated image provided by the Insurance Institute for Highway Safety shows a 2014 Subaru Forester during a small overlap frontal crash test. Subaru's 2014 Forester is one of only two of 13 small SUVs that are getting passing grades in front-end crash tests done by the Insurance Institute for Highway Safety. Popular models such as the Honda CR-V, Ford Escape and Jeep Wrangler received only "marginal" or "poor" ratings from the Insurance Institute for Highway Safety. (AP Photo/he Insurance Institute for Highway Safety)

Only 2 of 13 small SUVs do well in crash tests

Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations. Subaru's 2014 Forester was the only vehicle to get the top "good" rating in the results released Thursday. The 2013 Mitsubishi Outlander Sport ...

Oil reverses early losses, tops $95 a barrel

Oil followed a familiar pattern Thursday, moving higher despite some less-than-stellar economic reports. Benchmark oil for June delivery rose 86 cents to close at $95.16per barrel on the New York Mercantile Exchange, after falling as low as $93.23. Trading Wednesday was similar, when oil finished with a gain of 9 ...

EPA taking comments on ND air pollution matter

Environmental groups say the federal government should order two coal-fired power plants in western North Dakota to use more sophisticated pollution-control technology, but state officials say the matter already has been settled and no more debate is needed. The federal Environmental Protection Agency is taking written comments through June 17 ...

EUROPE CONSIDERS EMISSION FINES FOR CHINESE AND INDIAN AIRLINES

c.2013 New York Times News Service BRUSSELS — The European Commission said Thursday that Air China and Air India were among 10 Chinese and Indian airlines facing the prospect of fines and exclusion from airports in the European Union for refusing to comply with rules aimed at regulating greenhouse emissions. ...

Oil falls below $94 a barrel amid high supplies

The price of oil slipped below $94 a barrel Thursday as traders digested discouraging economic data from the United States and Europe and U.S. oil supplies remained high. By early afternoon in Europe, benchmark oil for June delivery was down 37 cents to $93.93 a barrel in electronic trading on ...

This undated image made available by Chrysler shows the 2013 Jeep Patriot. (AP Photo/Chrysler, AJ Mueller)

Big Mercedes-Benz GL-Class SUV is in demand

The high mark for sales of big sport utility vehicles came years ago, but don't tell that to Mercedes-Benz customers. Through the first four months of 2013, they have boosted sales of the Mercedes full-size GL-Class SUV 27.5 percent above last year's level, to nearly 11,000. And low supplies are ...

Oil back above $94 a barrel after early loss

The price of oil rose back above $94 Wednesday after dropping earlier on disappointing economic reports from Europe and the U.S. Benchmark oil for June delivery was up 9 cents to finish at $94.30 a barrel on the New York Mercantile Exchange. It fell as low as $92.13 in the ...

In this April 10, 2013 in Detroit a line worker inspects wristwatch housings at the Shinola manufacturing facility. U.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output. (AP Photo/Carlos Osorio)

US factory output falls 0.4 percent in April

U.S. manufacturers cut back on production in April, as auto companies cranked out fewer cars, factories made fewer consumer goods and most other industries reduced output. The weakness suggests economic growth may be slowing. The Federal Reserve said Wednesday that factory output dropped 0.4 percent in April, the third decline ...

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