Business News
Stocks plummet in late trading but end May higher
Stocks plummet in late trading but hold on to monthly gains; Dow slides nearly 209 points
Oil falls below $92 on high supplies, OPEC output
Oil price falls below $92 as OPEC keeps output target steady amid growing supply
US consumers cut spending 0.2 pct. in April
US consumers cut spending 0.2 percent in April after income fails to grow
Eurozone unemployment heading for 20 million
Unemployment across euro countries rises to record 12.2 percent in April
OPEC keeps oil output target at 30 million barrels
OPEC oil ministers keep crude output target at 30 million barrels a day
NKorean farmers planting rice with profits in mind
North Korea's farming policy changes find an echo in China's market reforms
Judge orders Google to give customer data to FBI
Federal judge orders Google to hand over customer data in FBI national security letters case
Crop futures rise on wet weather concerns
Corn, soybean and wheat futures rise as traders worry about forecasts for more wet weather
Measure of US consumer confidence at six-year high
Housing recovery, stock market gains boost measure of consumer confidence to 6-year high
Starbucks to ban smoking within 25 feet of cafes
Starbucks to ban smoking within 25 feet of cafes and in outdoor seating areas
Pakistan may be next in line for an IMF bailout
Pakistan may be next in line for an IMF bailout as financial crisis looms
Guards at Libyan oil field protest, force shutdown
Guards at southern Libyan oil field force shutdown in protest over back pay
Napster co-founder Parker set to wed in Calif.
Napster co-founder and early Facebook adviser Sean Parker to wed in California's Big Sur
GM unveils reworked Chevy Malibu
Chevy Malibu gets new engine, updated appearance to better compete in tough midsize car market
Kyrgyzstan rocked by protest at Canadian gold mine
Hundreds storm office of Canadian gold mine in Kyrgyzstan, 55 wounded in clashes with police
Stocks slump in late trading; Dow down 208
Stock prices succumb to a late slide on Wall Street, but still end higher for May
Texas plant to make first US-assembled smartphones
Motorola announces Texas facility making first US-assembled smartphones, creating 2,000 jobs
Vatican bank chief's priority: clean up reputation
Vatican bank chief: "We haven't rendered a good service to the Holy Father"
BP rig supervisors challenge manslaughter counts
BP rig supervisors ask judge to dismiss manslaughter charges in deaths of 11 workers in Gulf
Eurogroup head: Greece to wait on debt relief
Eurogroup head: Greece to wait on debt relief, but bank rescue decision sooner



