Oil rises on strength in Germany, China

NEW YORK — Oil prices are rising slightly on a surprise expansion of German exports and signs of increased oil consumption in China. Benchmark crude rose 22 cents to $86.15 just before 10 a.m. in New York. The German government said Monday that exports...

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MLB, StubHub renew secondary ticket market deal

NEW YORK — Major League Baseball has agreed to a new five-year deal with StubHub as its secondary ticket market. The original contract started in 2007 and expired after last season. Financial terms of the agreement announced Monday were not disclosed....

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Wayfair raises $36M for Joss & Main

Home goods online retailer Wayfair said today it has raised $36.3 million in new equity funding to speed growth of its private sale site for the home, Joss & Main. Investors included Battery Ventures, Great Hill Partners, HarbourVest Partners and...

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Government investigating makers of cellphone apps

WASHINGTON — The Obama administration says it's investigating software companies that make cellphone apps to determine whether they are violating the privacy rights of children by quietly collecting personal information from their phones, then sharing...

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Deep divides in Dubai at UN talks on Internet

DUBAI, United Arab Emirates — Talks over possible new U.N. regulations for the Internet were deeply divided Monday, with Russia and others advocating for more government sway while a U.S.-led bloc warned against rules that could restrict freedoms in...

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Top Jindal aides use personal email to strategize

BATON ROUGE, La. — Top officials in Louisiana Gov. Bobby Jindal's administration used personal email accounts to craft a media strategy for imposing hundreds of millions of dollars in Medicaid cuts — a method of communication that can make it more...

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Obama heading to Michigan to push taxes on rich

WASHINGTON — President Barack Obama is pressing for public support today to raise taxes on the wealthiest Americans, a day after he and House Speaker John Boehner met one-on-one for the first time to discuss ways to avert the "fiscal cliff." Neither...

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Ariad rises on positive leukemia drug results

A new cancer drug from Cambridge-based Ariad Pharmaceuticals has helped nearly half of chronic myeloid leukemia patients in a 12-month trial achieve a "complete cytogenetic response" — meaning their bone marrow is cancer-free. Company shares, which...

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Report: Kodak gets patent bid from Apple, Google

NEW YORK — Apple and Google, bitter rivals in smartphone technology, have joined up to make a combined bid for a bundle of patents offered by photography pioneer Kodak, according to a published report. Bloomberg News reported Saturday that Apple Inc....

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European markets shaken by Italian political woes

PARIS — European shares were shaken Monday by Italian Prime Minister Mario Monti's announcement he will resign by year's end, raising worries that political turmoil could derail Europe's effort to end its financial crisis. The major stock indexes,...

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