Business

New York -- Prices for March delivery crude oil fell to nearly $71 per barrel in New York Monday morning, as equity markets continued to show signs of stress.

Hancock -- A small bank in rural Minnesota has been shuttered by regulators, the Federal Deposit Insurance Corp. says.

"It's the world's greatest company, period." -- Arjun Murti, Goldman Sachs analyst

Detroit -- U.S. automotive giant General Motors Co. has abandoned plans to move its global headquarters in Detroit, a source close to the company said.

New York -- Separate pricing structures at two U.S. Internet retail companies have created a shift away from Amazon's $9.99 pricing model in the nascent e-book market.

Lehigh Valley -- Air Products & Chemicals Inc. said Friday it had offered to buy Airgas Inc. for $7 billion, its second attempt to buy its Pennsylvania neighbor.

Nagoya, Japan, February 5 -- Toyota’s chief executive has finally broken his silence on the company’s quality problems that caused inconvenience to millions of customers across the world.

New York -- Investors ignored lower unemployment data Friday morning, as the Dow Jones industrial average fell below 10,000 points in New York.

Once upon a time, somebody wrote that: "The customer is always right." But it seems Northrop Grumman (NYSE: NOC) never got the memo. This week, it got a cold dash of the water of reality instead … right in the face.

You can't judge a burger chain's report by its wrapper. Though it looks hot, juicy, and flame-broiled at first, a few bites reveal that Burger King 's (NYSE: BKC) fiscal second-quarter report isn't as tasty as it seems.