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AP Top Business News At 12:40 a.m. EDT

Why many experts missed this: Cheap oil can hurt US economy
WASHINGTON (AP) -- If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy....

Nigerian airlines cancel flights amid fuel crisis
LAGOS, Nigeria (AP) -- Nigerian airlines grounded flights Saturday and radio stations were silenced as a months-long fuel shortage aggravated by striking oil tanker drivers worsened in Africa's biggest oil producer....

AP Interview: Leader says Mideast pays price for gender gap
SOUTHERN SHUNEH, Jordan (AP) -- Bring more Arab women into the workforce, invest in "bite-sized" infrastructure projects and get the private sector more involved in training young job seekers - these are the prescriptions of a leading Gulf entrepreneur for growing Middle Eastern economies and combating rampant youth unemployment....

California farmers agree to drastically cut water use
SACRAMENTO, Calif. (AP) -- California farmers who hold some of the state's strongest water rights avoided the threat of deep mandatory cuts when the state accepted their proposal to voluntarily reduce consumption by 25 percent amid one of the worst droughts on record....

Pipeline that leaked wasn't equipped with auto shut-off
LOS ANGELES (AP) -- The pipeline that leaked thousands of gallons of oil on the California coast was the only pipe of its kind in the county not required to have an automatic shut-off valve because of a court fight nearly three decades ago, a county official said....

What will get Europe's economy rolling again?
SINTRA, Portugal (AP) -- What's behind Europe's sluggish recovery and high jobless rate? What can central banks and governments do to get things going?...

PM: Greece will not accept 'humiliating' bailout terms
ATHENS, Greece (AP) -- Greece is ready to accept a "viable and long-lasting" deal with lenders but not on "humiliating terms," Prime Minister Alexis Tsipras told his ruling Syriza party on Saturday....

Hawaii groups plant coconut trees, protest against Monsanto
HONOLULU (AP) -- Demonstrators spent Saturday planting coconut trees and waving signs in rallies across the Hawaiian Islands as part of an international day of protests against agriculture business Monsanto....

Democrats see skimpy insurance as the next health care issue
WASHINGTON (AP) -- A different health care issue has emerged for Democrats, in sync with the party's pitch to workers and middle-class voters ahead of next year's elections....

BlackBerry lays off unspecified number of employees globally
TORONTO (AP) -- BlackBerry says it is laying off an unspecified number of employees globally as it makes changes to the operations responsible for making its smartphones....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Fire on coastal Louisiana oil platform extinguished

Why many experts missed this: Cheap oil can hurt US economy

Automakers to reveal models covered by wider air bag recall

US government to review mystery of slow 1st quarter growth

Correction: Earns-Liberty Media story

US stocks fall slightly on lower oil, mixed earnings news

Target settlement with MasterCard fails to get bank support

How the Dow Jones industrial average fared on Friday

Deere, Expedia are big market movers

Recalls this week: booster seats, gas ranges, crossbows