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Britain weighing gasoline price-fixing probe of BP, Shell, Statoil

WASHINGTON, April 19 (UPI) -- The U.S. Labor Department said first-time jobless claims dropped by 2,000 in the week ended Saturday with 386,000 initial claims filed.
The four-week rolling average rose by 5,500 from the previous week's revised average of 369,250 to 374,750.
The previous week's first-time claims figure was also revised to 388,000 from 380,000.
The biggest increases in initial jobless claims for the week ended April 7 were in Pennsylvania (up 7,483), California (up 6,587) and Washington (up 5,985).
The biggest decreases were recorded in Tennessee (down by 670), Vermont (down 78) and North Dakota (down 49).
The U.S. unemployment rate is 8.2 percent, unchanged from February to March.
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BUENOS AIRES, May 21 (UPI) --
To the joy of neighboring rivals, Argentina's beef exports are dwindling and traders blame government policies.
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MUSCAT, Oman, May 21 (UPI) --
The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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