AP Top Business News At Noon EDT

Why high oil prices are actually good for airlines
NEW YORK (AP) -- Airline executives frequently complain about fuel costs. But the truth is higher prices actually have been good for business....

Toyota Camry gets a top-to-bottom makeover
NEW YORK (AP) -- Shaken by the advances of newer, sportier rivals, the Toyota Camry is trying to shed its vanilla reputation....

Yahoo, China news send US stocks higher at midday
Stocks are moving higher for a third day in a row after more U.S. companies report solid earnings and on encouraging news about China's economy....

US home building up in March after frigid winter
WASHINGTON (AP) -- U.S home construction rose moderately in March as builders resumed work at the end of a frigid winter. But applications for building permits slid, clouding the outlook for future construction....

US factory output extended solid gains in March
WASHINGTON (AP) -- U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products....

Bank of America posts loss, hurt by legal expenses
CHARLOTTE, N.C. (AP) -- Bank of America said Wednesday that it swung to a loss in the first quarter, hurt by $6 billion in legal expenses....

Ford to offer 50th anniversary Mustang
NEW YORK (AP) -- Ford is celebrating the 50th anniversary of the Mustang with a limited-edition model and a display atop the Empire State Building....

Russian economy hit by Ukraine turmoil
MOSCOW (AP) -- Russia's economy slowed sharply at the start of the year as the crisis in Ukraine spooked investors into pulling money out of the country. But with Russian President Vladimir Putin still enjoying high popularity ratings, the economic damage is not yet likely to soften his politics in the region, analysts say....

CSX railroad expects modest 2014 profit growth
OMAHA, Neb. (AP) -- CSX railroad expects to deliver modest profit growth this year, but the impact of the severe winter will linger into the second quarter....

China's growth slows to 7.4 percent in 1Q
BEIJING (AP) -- China's economic growth slowed further in the latest quarter but appeared strong enough to satisfy Chinese leaders who are trying to put the country on a more sustainable path without politically dangerous job losses....

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Up to the Minute
Ford to offer 50th anniversary Mustang

Why high oil prices are actually good for airlines

Toyota Camry gets a top-to-bottom makeover

Mentors help minority companies accelerate growth

CSX railroad expects modest 2014 profit growth

US factory output extended solid gains in March

US home building up in March after frigid winter

Bank of America posts loss, hurt by legal expenses

Rail companies to report fertilizer delivery plans

US declines to name China a currency manipulator


 

 

 



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