Robert Mondavi, the vintner who built his career and helped an iconic Northern California industry blossom by insisting that Napa Valley wines can compete with the best in the world, died in the valley Friday. He was 94.
After nine months of turmoil that started with the collapse of the subprime mortgage market, Wall Street appears to be at a turning point of sorts.
President Bush is pivoting to the Arab side of the Mideast peace dispute, and he may well get a less glowing reception than he did in Israel earlier this week.
Saudi Oil Minister Ali al-Naimi (ah-LEE' al-ny-EE'-mee) says his country's shipping whatever its customers ask for.
For the second time in four months, President Bush has failed to persuade Saudi Arabia's leaders to boost oil production. AP White House correspondent Mark Smith reports.
US oil shipments canceled.
Saudis see no reason to raise oil production now
Saudis see no reason to raise oil production now
Obama says Bush falsely accused him of appeasement
About 3,600 workers at American Axle and Manufacturing Holdings Inc. will find out soon whether a new contract was worth 80 days without a company paycheck.
News that Saudi Arabia had boosted its oil output by 300,000 barrels a day was greeted as a non-event on oil markets - the move wasn't anywhere near the kind of production increase needed to bring prices down on Friday.
Federal health authorities are directing a Pasadena, Texas, company to shut down and recall all its dried smoked catfish steaks and other smoked seafood produced since June 2007 because it failed to develop safety standards, leading to a risk of bacteria contamination in its products. There have been no reported illnesses, according to Food and Drug Administration spokeswoman Stephanie Kwisnek.
A striking United Auto Workers local at a key General Motors Corp. factory ratified a new contract with the company Friday afternoon and will resume production on Monday.
Construction of new homes increased by the biggest percentage in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades.
Treasurys fell Friday after rising oil prices had investors worrying about inflation's impact on fixed-income returns.
Wall Street capped a week of big gains with modest moves Friday as investors grappled with surging energy prices that overshadowed news of a surprise increase in home construction.
