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Cooper Tire ends buyout agreement with Apollo

Written By Unknown on Selasa, 31 Desember 2013 | 00.33

Cooper Tire & Rubber Co. is calling off its sale to India's Apollo Tyres, unraveling a $2.2 billion deal announced just over six months ago. Cooper said financing is no longer available and it continues to claim, as it has for months, that Apollo...
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Nikkei closes out best year since 1972

LONDON — Japan's main stock index rose Monday to end 2013 at its highest level in more than six years, though most other markets were lackluster, with Germany's DAX dipping to close the year just short of its record high. The Nikkei 225 gained 0.7 percent...
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US stocks are little changed as 2013 winds down

NEW YORK — Stocks are little changed as Wall Street gets ready to close the books on a historic year. The Dow Jones industrial average was up six points, less than 0.1 percent, at 16,484 in midday trading Monday. The Standard & Poor's 500 index...
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Mass. single-family home sales down in November

BOSTON — The number of single-family homes sold in Massachusetts in November dropped nearly 9 percent when compared to the same month last year, but prices surged more than 7 percent, the Massachusetts Association of Realtors reported Monday. The reason...
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Mass. gas prices up another 2 cents per gallon

BOSTON — The cost of a gallon of gasoline in Massachusetts is up another 2 cents to an average of $3.46. AAA Southern New England reports Monday that the current price for a gallon of self-serve, regular is 8 cents higher than a month ago and a nickel...
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New euro member Latvia brings dirty money headache

RIGA, Latvia — When Latvia adopts the euro on Jan. 1, it will bring with it a banking sector that is swelling with suspicious money from Russia and the east — just as the currency bloc is trying to clamp down on such havens. It was just nine months...
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Federal health care sign-ups pass 1 million mark

HONOLULU — The government's rehabilitated health insurance website has seen a December surge in customer sign-ups, pushing enrollment past the 1 million mark, the Obama administration says. Combined with numbers for state-run markets, that should put...
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Stocks are flat in quiet end-of-year trading

NEW YORK — Stocks were little changed in midday trading Monday as investors closed out their positions for what has been a historic year on Wall Street. Traders had little corporate or economic news to work through. The bond market was quiet as well....
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Wells Fargo in $591 million deal with Fannie Mae

SAN FRANCISCO — Wells Fargo says it has made a $591 million deal with Fannie Mae to settle obligations related to loans that went bad after the housing bubble burst. The deal announced Monday covers loans made through 2008. Wells Fargo & Co. says...
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NBC's 'Today' show returns to glory days

NEW YORK — The glory days returned for the "Today" show — for one day at least — as NBC's morning show brought back Bryant Gumbel and Jane Pauley for a one-day nostalgia turn as co-hosts on Monday. Gumbel and Pauley, who worked together on "Today" from...
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