|
Crude oil slides Thursday
|

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
|

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
|

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
|

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
|

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
|

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.

|
|
Durable goods orders drop unexpectedly
|

WASHINGTON, Jan. 27 (UPI) -- The U.S. durable goods orders monthly report came in unexpectedly weak Thursday with new orders dropping 2.5 percent to $191 billion in December.

|
|
GM charges up Volt production
|

DETROIT, Jan. 27 (UPI) -- Automaker General Motors said it would pick up the pace with deliveries of the Chevrolet Volt, which is increasing traffic in U.S. showrooms.

|
|
Report jeopardizes Israeli chief of staff
|

JERUSALEM, Jan. 27 (UPI) -- A report by Israel's state comptroller shows several alleged improprieties that could derail the appointment of incoming Chief of Staff Maj. Gen Yoav Galant.

|
|
Pending home sales rise
|

WASHINGTON, Jan. 27 (UPI) -- Pending U.S. home sales rose for the fifth month out of the past six in December, the National Association of Realtors said Thursday.

|
|
Scaffolding collapses, at least 10 dead
|

MANILA, Philippines, Jan. 27 (UPI) -- A scaffolding on a planned 40-story building in the Philippine capital of Manila collapsed Thursday, killing at least 10 workers, authorities said.

|
|
Toyota recalls 1.7 million vehicles
|

TOKYO, Jan. 26 (UPI) -- Toyota Motor Corp. will recall 1.7 million vehicles worldwide due to faulty parts, including defective fuel devices, the Japanese automaker said Wednesday.

|
|
Crude oil prices catch an updraft
|

NEW YORK, Jan. 26 (UPI) -- Crude oil prices turned higher in New York Wednesday, topping $87 per barrel as the dollar index dropped 0.24 percent.

|
|
Grain futures rebound Wednesday
|

CHICAGO, Jan. 26 (UPI) -- Grain prices rebounded on the Chicago Board of Trade Wednesday with help from a weaker dollar and a huge soybean order from China.

|
|
Gold makes a modest comeback
|

NEW YORK, Jan. 26 (UPI) -- Gold prices rebounded Wednesday, gaining $12 a troy ounce as the dollar weakened.

|