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Friday, March 06, 2015, 5:06 a.m.
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Airlines air Arab subsidy concern

posted: 03/06/2015 2:01 a.m. Discuss

U.S. airlines called subsidies granted to Persian Gulf airlines "extreme," and said they're confident President Barack Obama's administration will take action to address what they see as unfair competition threatening the domestic industry.

Economists sunnier on global outlook

posted: 03/05/2015 2:07 a.m. Discuss

From the United States to Asia to Europe, a global economy that many had feared was faltering appears poised for a resurgence on the strength of cheap oil and falling interest rates.

Business news in brief

posted: 03/05/2015 2 a.m. Discuss

UA sets farm-bill workshops, webinar Farmers preparing to submit updated yield histories and base acreage for their crops as required by the 2014 farm bill will have more opportunities this month to learn more about the process before a March 31 deadline.

Automakers talk up electric cars

posted: 03/04/2015 2:19 a.m. Discuss

Top automakers are vowing not to give up on weak-selling electric vehicles -- even as they unveil an array of powerful luxury cars with conventional engines aimed at a growing global market.

Greece shaky, new recession seen near

posted: 03/04/2015 2:18 a.m. Discuss

Barely a year after emerging from a recession comparable in its intensity to the Great Depression in the U.S., Greece's economy is shrinking again.

Auto industry upbeat despite sluggish month

posted: 03/04/2015 2:15 a.m. Discuss

February threw snowstorms and other roadblocks at the auto industry, but U.S. sales this year of new cars and trucks are poised to hit their highest level in more than a decade.

Business news in brief

posted: 03/04/2015 2:10 a.m. Discuss

'14 pay $2.7M for Home BancShares exec John Allison, chairman of Home BancShares, made $2.7 million last year, according to the Conway bank's proxy statement.

LED bulbs help fill Japan's energy gap

posted: 03/02/2015 1:59 a.m. Discuss

TOKYO -- Japan's push to keep power flowing after it shuttered its nuclear program may best be illustrated by 73 million light bulbs.

Norwegians reaching end of oil-wealth 'fairy tale'

posted: 03/01/2015 2:09 a.m. Discuss

STAVANGER, Norway -- Losing his job on a Norwegian oil rig meant more to Kristoffer Sandberg than saying goodbye to a high salary. It downshifted his lifestyle and expectations, something an increasing number of people in this small oil-rich country are facing.

Detente stokes Cuba cigar makers

posted: 02/28/2015 1:51 a.m. Discuss

HAVANA -- Over six decades rolling premium cigars with his small, wrinkled hands, Arnaldo Alfonso has taken pride in seeing his "habanos" sampled by visiting heads of state and other dignitaries.

German Parliament approves Greece's bailout extension

posted: 02/27/2015 8:33 a.m. Discuss

BERLIN — Germany's Parliament overwhelmingly approved the four-month extension of Greece's financial bailout Friday, despite unease over the new government in Athens.

Toyota rolls out hydrogen cell car

posted: 02/26/2015 2:08 a.m. Comments 2

Toyota this week officially rolled out what it's betting will mark "a turning point" in automotive history -- a sleek, low-priced, ecologically friendly "future" car that can operate for 300 miles, takes less than five minutes to charge and comes with three years of free fuel.

Oil-boom hangover ails Latin America

posted: 02/26/2015 2:06 a.m. Discuss

Soaring oil prices the past decade transformed this rural backwater into Colombia's richest city as nearby fields pumped black gold, drawing new businesses, international pop stars and vanity art projects such as the biblical-themed arch that towers over these sweltering grasslands.

HSBC's tax case its latest blemish

posted: 02/26/2015 2:05 a.m. Discuss

First there was money laundering. Then foreign-exchange rigging. Now tax evasion.

Creditors OK Greek bailout extension, but hurdles remain

posted: 02/25/2015 2:09 a.m. Discuss

Greece cleared a hurdle Tuesday in its ongoing battle to remain solvent as its European creditors approved a four-month extension to its financial bailout -- but the cash-strapped country has much more to do to convince its partners that it deserves longer-term help beyond the summer.

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