High-priority business news

Friday, January 28

  • Report on toy sales: Wind it up, sell it   UPI / 6:14PM
    PORT WASHINGTON, N.Y., Jan. 28 (UPI) -- U.S. retail researchers NPD Group said Friday strong toy sales in the fourth quarter pushed the sector to a 2 percent rise in the year compared to 2009.
  • Crude oil prices top $89   UPI / 6:05PM
    NEW YORK, Jan. 28 (UPI) -- Crude oil prices topped $89 per barrel Friday with traders concerned unrest in Egypt could prompt a closing of the Suez Canal.
  • Gold makes gains with equities down   UPI / 5:54PM
    NEW YORK, Jan. 28 (UPI) -- Gold prices rebounded Friday, as equity markets plunged and oil prices surged higher due to concerns over chaos in Egypt.
  • Italian autoworkers strike against Fiat   UPI / 4:54PM
    ROME, Jan. 28 (UPI) -- An Italian autoworkers union held a nationwide strike against carmaker Fiat, protesting being shut out of recent contract negotiations, officials said.
  • CBOT lower on Egypt unrest   UPI / 4:34PM
    CHICAGO, Jan. 28 (UPI) -- Grain futures prices were down at the close Friday on the Chicago Board of Trade as uncertainty in Egypt pressured markets.
  • FDIC charges banker with loan misconduct   UPI / 4:14PM
    LAS VEGAS, Jan. 28 (UPI) -- Federal regulators said a former Nevada bank executive orchestrated loans that lost as much as $10 million at Silver State Bank before it failed.
  • Allstate: Virgos have most crashes   UPI / 3:34PM
    NORTHBROOK, Ill., Jan. 28 (UPI) -- Illinois-based Allstate Insurance said its analysis of car accidents related to astrology found Virgos were the most likely to crash vehicles.
  • BofA protests Nevada injunction   UPI / 3:24PM
    LAS VEGAS, Jan. 28 (UPI) -- Bank of America is trying to persuade a Nevada county judge to reverse an injunction that prevents 8,900 foreclosures from proceeding, court papers show.
  • Report: Egyptians move money from turmoil   UPI / 10:24AM
    CAIRO, Jan. 28 (UPI) -- A number of Egyptian businessmen shipped their money abroad after anti-government demonstrations began earlier this week, observers said.
  • Russian icebreaker rescue near success   UPI / 10:05AM
    VLADIVOSTOK, Russia, Jan. 28 (UPI) -- An icebreaker rescue operation off Russia's Far East is nearly complete, a shipping company says.
  • Cameron outlines vision for recovery   UPI / 8:34AM
    DAVOS, Switzerland, Jan. 28 (UPI) -- Jump-starting the European economy will require a shift in direction to address deficits that took time to develop, British Prime Minister David Cameron said.
  • Brazil plans free homes for flood victims   UPI / 7:24AM
    RIO DE JANEIRO, Jan. 28 (UPI) -- Brazilian President Dilma Rousseff says the country will build 8,000 free homes for victims of flooding and landslides that left 830 people dead.

    • Thursday, January 27

  • N.J. mayor charged with insurance fraud   UPI / 7:24PM
    ROSELLE, N.J., Jan. 27 (UPI) -- A New Jersey mayor who allegedly drove away from a crash Christmas morning faces criminal charges.
  • Woman claims yogurt sample tasted of semen   UPI / 5:44PM
    ALBUQUERQUE, Jan. 27 (UPI) -- Albuquerque police said a supermarket worker accused of handing out a yogurt sample contaminated with semen was arrested on outstanding bench warrants.
  • Crude oil slides Thursday   UPI / 5:24PM
    NEW YORK, Jan. 27 (UPI) -- Crude oil prices slid to under $86 per barrel in New York Thursday after the Commerce Department said durable goods orders dropped 2.5 percent in December.
  • Gold prices fall sharply   UPI / 5:05PM
    NEW YORK, Jan. 27 (UPI) -- Gold prices dropped sharply Thursday, as equity markets held their own despite a drop in December's durable goods orders.
  • Walgreens uncorks store brand beer   UPI / 4:54PM
    DEERFIELD, Ill., Jan. 27 (UPI) -- U.S. drug store chain Walgreen Co. is expanding its alcohol sales with its own beer called Big Flats 1901, the company said.
  • Grains futures mixed Thursday   UPI / 4:24PM
    CHICAGO, Jan. 27 (UPI) -- Grain futures were mixed on the Chicago Board of Trade Thursday as traders considered weekly export figures and a dollar index that dropped 0.25 percent..
  • GM says no to big loans   UPI / 4:05PM
    DETROIT, Jan. 27 (UPI) -- U.S. automaker General Motors said Thursday it would pass on a chance to land $14.4 billion in government loans in order to maintain a low debt load.
  • Grain pest intercepted at Texas port   UPI / 3:44PM
    HOUSTON, Jan. 27 (UPI) -- U.S. agriculture specialists in Galveston, Texas, intercepted a vessel infested with one of the world's most destructive pests this month, port officials said.

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