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BEIJING, May 8 (UPI) -- China has approved U.S. automaker General Motors' plan to build a $1.3 billion plant in Shanghai, the official media said.
NEW YORK, May 7 (UPI) -- Crude oil prices held above $95 per barrel Tuesday on the New York Mercantile Exchange as equities rallied further on Wall Street.
Dow Jones industrial average at record close Tuesday
NEW YORK, May 7 (UPI) -- Investors in New York pushed the blue-chip Dow Jones industrial average to a record closing high Tuesday, as a six-month rally continued.
Terrafugia unveils second generation flying car
WOBURN, Mass., May 7 (UPI) -- A Massachusetts aerospace company has unveiled its second generation flying car, even though it has yet to deliver any of it first generation vehicles.
WASHINGTON, May 7 (UPI) -- A study sponsored by the U.S. Travel Association said that every dollar invested in business travel was returned almost 10 times over in business revenue.
LOS ANGELES, May 7 (UPI) -- A federal judge in California ruled that a law firm had been buying copyrights to pornographic movies to cash in on lawsuits the films generated.
NEW YORK, May 7 (UPI) -- U.S. retail receipts slipped 1 percent in the week ending Saturday, the International Council of Shopping Centers reported Tuesday.
Foxconn asks is there life after Apple?
TAIPEI, Taiwan, May 7 (UPI) -- Taiwanese electronics manufacturer Foxconn Technology is trying to figure out if there is life after Apple, an industry analyst said.
NEW YORK, May 7 (UPI) -- U.S. pharmaceutical giant Pfizer said it is selling Viagra online to prevent consumers from buying potentially harmful counterfeits.
HARRISBURG, Pa., May 7 (UPI) -- U.S. market regulators said Harrisburg , Pa., has been less than fully honest about the city's finances.
Markets close mixed
NEW YORK, May 6 (UPI) -- U.S. stock markets closed mixed Monday.
DETROIT, May 6 (UPI) -- Automaker General Motors said Monday it would recall 38,197 Chevrolet Malibu Eco and Buick hybrid sedans due to a potential fire risk.
NEW YORK, May 6 (UPI) -- Bank of America says it has agreed to pay U.S. bond insurance firm MBIA $1.6 billion to settle complex mortgage securities issues.
DETROIT, May 6 (UPI) -- General Motors on Monday refuted a columnist's claims that its operations in China benefited from the U.S. taxpayer-funded bailout.
NEW YORK, May 6 (UPI) -- Retail chain Walmart retook its spot at the top of the Fortune 500 list of the largest U.S. companies, the magazine said Monday.
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Dow closes above 15,000
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A trader wears a DOW 15,000 hat on the floor of the NYSE before the closing bell on Wall Street In New York City on May 7, 2013. The Dow Jones Industrial Average closed above 15,000 for the first time in history. UPI/John Angelillo