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U.S. markets recover from steep losses

CHICAGO, Feb. 22 (UPI) -- Baltimore-based T. Rowe Price Associates is buying the mutual funds business of construction equipment maker Caterpillar Inc.
The price was not disclosed, but closing is set for June, Crain's Chicago Business said Wednesday.
T. Rowe Price intends to fold the Illinois-based company's Preferred Group of Mutual Funds, which manages about $3 billion, into 10 of its existing funds.
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WASHINGTON, May 23 (UPI) --
The planned Keystone XL oil pipeline would move oil away from refineries that produce gasoline, increasing prices, the National Resource Defense Council says.
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MELBOURNE, Fla., May 23 (UPI) --
Northrop Grumman says its Military Airworthiness Certification is closer for its re-engined EC-8 Joint Surveillance Target Attack Radar System aircraft.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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