Business Stories from June 7, 2016 (Change date)
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Feds charge man with running $3M olive oil investment scamJun 07, 2016 7:00 am - NEWARK, N.J. (AP) - Authorities say a New Jersey man falsely claimed he received lucrative olive oil contracts to defraud two victims out of more than $3 million. Federa...
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The Latest: Pennsylvania lawmakers vote to expand wine salesJun 07, 2016 7:00 am - HARRISBURG, Pa. (AP) - The Latest on the General Assembly's vote to change how liquor is sold in Pennsylvania (all times local): 1:40 p.m. A bill to let groceries and ot...
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German industrial production up 0.8 percent in AprilJun 07, 2016 7:00 am - BERLIN (AP) - German industrial production rose 0.8 percent in April, making up most of the decline from a month earlier. Industrial production had fallen 1.1 percent in...
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Grain mixed, livestock lowerJun 07, 2016 7:00 am - CHICAGO (AP) - Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for July delivery was .80 cent a bale higher at $5.12 a bushel; Jul...
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Zillow to pay $130M to settle lawsuit by rival Move Inc.Jun 07, 2016 7:00 am - SEATTLE (AP) - Seattle-based real-estate information website Zillow is paying $130 million to settle a lawsuit brought by rival Move Inc. The Seattle Times reports (http...
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Notre Dame opens turbomachinery lab that will create jobsJun 07, 2016 7:00 am - SOUTH BEND, Ind. (AP) - University of Notre Dame officials hope a new $36 million turbomachinery laboratory it's opening will raise its research profile and lead to more...
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World Bank downgrades its forecast for 2016 global economyJun 07, 2016 7:00 am - WASHINGTON (AP) - The World Bank is reducing its forecast for the global economy this year - again. The aid agency predicted Tuesday that the world economy will expand 2...
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Consumer borrowing slowed in AprilJun 07, 2016 7:00 am - WASHINGTON (AP) - Consumers slowed their borrowing in April after pushing up their debt levels by a record amount in March. The Federal Reserve said Tuesday that total b...
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Texas regulator: Trump U preyed on 'novice' investorsJun 07, 2016 7:00 am - WASHINGTON (AP) - As Texas regulators investigated Trump University for fraud six years ago, Donald Trump's lawyers tried the same defenses the presumptive Republican pr...
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Russia says will resume selling gas to UkraineJun 07, 2016 7:00 am - MOSCOW (AP) - Russia's gas monopolist says it will resume selling gas to Ukraine, following an official request from Kiev. In a statement on Tuesday signaling that sales...