NEW YORK (AP) -- The Dow Jones industrial average closed at another record high, driven by a surge in materials companies. The Dow gained almost 60 points to 14,673 today, an increase of 0.4 percent. The Dow most recently set a record a week ago. It's up 12 percent this year. The Standard & Poor's 500 rose five points, or 0.4 percent, to close at 1,568. That's less than two points from the record high the index reached last week.
BRUSSELS (AP) -- A group of companies led by Microsoft have called on European authorities to launch an antitrust investigation into Google's dominance of Internet usage on mobile devices. The complaint comes from the "FairSearch" initiative of 17 companies, including Microsoft Corp., Nokia Corp., and Oracle Corp. The group claims that Google is acting unfairly by requiring device makers using its free Android operating system to bundle an entire suite of Google's services to ensure they can include just one or two "must-have" apps, such as Google Maps and YouTube.
CONCORD, N.H. (AP) -- Exxon Mobil Corp. was found liable today in a long-running lawsuit over groundwater contamination caused by the gasoline additive MTBE. A jury in New Hampshire ordered the oil giant to pay $236 million to the state to clean it up. The jurors reached their verdicts in less than 90 minutes, after sitting through nearly three months of testimony.
NEW YORK (AP) -- First Solar Inc., in a major strategic shift, will begin making a type of solar panel it has long competed against in an effort to win new customers. First Solar announced today that it would acquire TetraSun, which has developed a design for high-efficiency solar panels, from JX Nippon Oil & Gas Energy Corp. FirstSolar hopes to begin commercial-scale production in the second half of next year. Terms of the deal were not disclosed.
AKRON, Ohio (AP) -- French workers trying to save their tire-making jobs have sued Goodyear in its Ohio hometown. The lawsuit was filed in Summit County Common Pleas Court in Akron today against Goodyear Tire & Rubber Co. on behalf of workers at its factory in Amiens, France. The suit seeks to block a plant shutdown and win $4 million in damages.
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