NWCN - News - Business http://www.nwcn.com/news/business RSS Feed for NWCN - News - Business en-us Thu, 23 May 2013 17:31:08 GMT FAA approves certification plan for Boeing's 787 fix http://www.nwcn.com/news/business/FAA-approves-certification-plan-for-Boeings-787-fix-197568051.html A Boeing plan to redesign the 787 Dreamliner’s fire-plagued lithium-ion batteries won approval Tuesday from the Federal Aviation Administration, although officials gave no estimate for when the planes would be allowed to fly passengers again. US stock market recovers most of an early loss http://www.nwcn.com/news/business/208663191.html NEW YORK (AP) — Stock prices are slightly lower at midday on Wall Street after manufacturing contracted unexpectedly in China this month. Google to add Galapagos Islands to Street View http://www.nwcn.com/news/business/208664461.html SAN FRANCISCO (AP) — Few have explored the remote volcanic islands of the Galapagos archipelago, an otherworldly landscape inhabited by the world's largest tortoises and other fantastical creatures that inspired Charles Darwin's theory of evolution. NJ: Bars put cheap booze in premium liquor bottles http://www.nwcn.com/news/business/208669211.html TRENTON, N.J. (AP) — State investigators say at least one bar in New Jersey was mixing food dye with rubbing alcohol and serving it as scotch. Stock slump continues on Wall Street http://www.nwcn.com/news/business/208644911.html NEW YORK (AP) — A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program. US new home sales rise 2.3 percent in April while median home prices hit record high http://www.nwcn.com/news/business/208645641.html WASHINGTON (AP) — US new home sales rise 2.3 percent in April while median home prices hit record high. US rate on 30-year mortgages rises to 3.59 pct. http://www.nwcn.com/news/business/208645761.html WASHINGTON (AP) — Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery. US new home sales up 2.3 percent in April http://www.nwcn.com/news/business/208645911.html WASHINGTON (AP) — Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering. Ralph Lauren's 4Q profit rises 35 pct http://www.nwcn.com/news/business/208637731.html NEW YORK (AP) — Ralph Lauren Corp. is reporting a 35 percent increase in fourth-quarter profit, but economic challenges here and abroad and certain strategic initiatives cut into sales. Marathon Oil says talks end on possible stake sale http://www.nwcn.com/news/business/208645061.html HOUSTON (AP) — Marathon Oil said Thursday that talks on a potential sale of part of its stake in the Athabasca Oil Sands Project in Canada have ended.