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U.S. markets recover from steep losses

HAIKOU, China, April 17 (UPI) -- Wal-Mart Stores Inc. aims to open its first shopping mall in south China's Hainan Province.
Wal-Mart's partners, Commercial Property Ltd. of Shenzhen International Trust and Investment Co., signed a deal Saturday with the Hainan Provincial Administration of State Farms and Land Reclamation to set up a Wal-Mart shopping mall in Haikou, capital of the island region.
It will be the 68th outlet in China for Wal-Mart, which began operating in the country 10 years ago.
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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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