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AP Top Business News At 2:23 a.m. EDT

Explosion at car parts factory in eastern China kills 65 people, injures over 100
BEIJING (AP) -- Sixty-five people were killed and dozens seriously burned Saturday by an explosion at an eastern Chinese automotive parts factory that supplies General Motors, state media reported....

Solid hiring stretches into 6th month as employers add 209,000 jobs; rate rises to 6.2 pct.
WASHINGTON (AP) -- A sixth straight month of solid 200,000-plus job growth in July reinforced growing evidence that the U.S. economy is accelerating after five years of sluggish expansion....

S&P 500 has its worst week since 2012 as geopolitical, Europe concerns worry US investors
NEW YORK (AP) -- U.S. stocks fell for a second day Friday, adding to the massive sell-off the day before and giving the market its worst week in two years....

Free concerts on Yahoo make best of music industry's struggles
LOS ANGELES (AP) -- Sometimes the struggles of an industry can bring music to your ears. And your screens....

Big discounts help US auto sales sizzle, with best July sales since 2006
DETROIT (AP) -- Big discounts helped U.S. auto sales sizzle in July....

Gas prices post rare July decline, lowest price to start August in 4 years
NEW YORK (AP) -- The gasoline price roller coaster is running a strange course this summer....

Moody's upgrades Greece's credit rating, sees gradual decline in national debt
ATHENS, Greece (AP) -- Moody's ratings agency late Friday upgraded Greece's government bond rating, predicting a gradual decline of its massive national debt....

Survey: US factories expand 14th straight month; manufacturing index highest since April 2011
WASHINGTON (AP) -- US manufacturing expanded for the 14th straight month in July in a good sign for the overall economy....

Buffett's Berkshire Hathaway 2Q profit up 41 percent; boost from Graham stock-swap deal
OMAHA, Neb. (AP) -- Warren Buffett's company on Friday reported a 41 percent jump in its second-quarter profit that was boosted by a paper gain from a stock-swap deal completed earlier this year....

Procter & Gamble to focus on top performers, shed up to 100 brands
NEW YORK (AP) -- Procter & Gamble is about to shrink....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Government says GM owner website was faulty, urges owners to recheck for recalls

Buffett's Berkshire Hathaway 2Q profit up 41 percent; boost from Graham stock-swap deal

Business Highlights

Solid hiring stretches into 6th month as employers add 209,000 jobs; rate rises to 6.2 pct.

Allergan sues rival drugmaker Valeant and partner, alleging fraud in hostile takeover attempt

How the Dow Jones industrial average and other major indexes fared on Friday

Gas prices post rare July decline, lowest price to start August in 4 years

Bally Technologies, LinkedIn, Procter & Gamble, and Tesla are big market movers

Federal government meets goal for giving 23 percent of contracting dollars to small businesses

Top selling vehicles in the US in July


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