Cracked dams and buckled roads, collapsed buildings and toppled factories - China has begun to tally its losses from an earthquake this week that killed thousands and left thousands more missing, with estimates ranging to over $20 billion.
Florida's unemployment rate remained the same in April, just under 5 percent.
The Senate Thursday night voted to nullify a Federal Communications Commission rule that allows media companies to own a newspaper and a television station in the same market.
In a cramped control room, a bright yellow sticker cautions workers about critical radiation alarms. Now a novelty stuck on a wall between dials that haven't spun in decades, the sign hints at the enormity of the plant's mission.
Wall Street headed for a modestly higher open Friday as investors watched oil prices hit a new record high and awaited data on new home construction last month.
Construction of new homes posted the biggest increase in more than two years in April, a rare bit of good news in what has been the worst downturn in housing in more than two decades.
British Airways said Friday it will pay a dividend for the first time in seven years after reporting its full-year profits more than doubled.
Oil prices continued to rise Friday after a whipsaw overnight session that paired the expiration of options with a bevy of news that swung the price of oil per barrel in a $6 range.
The top business news from The Associated Press for the morning of Friday, May 16, 2008:
The euro traded slightly higher against the U.S. dollar Friday after data showed a drop in U.S. industrial production and unexpectedly strong first-quarter economic growth in Germany.
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