Tracinda fishes for 20 million Ford shares DEARBORN, Mich., May 9 (UPI) -- Billionaire Kirk Kerkorian announced a tender offer for 20 million shares of Dearborn, Mich., automaker Ford Motor Co. Friday, an official filing shows.

Dreamliner delays may cost Boeing billions CHICAGO, May 9 (UPI) -- Production delays on the 787 Dreamliner could cost Chicago's Boeing Co. billions in late fees, industry analysts said.

Oil prices at more than $126 a barrel NEW YORK, May 9 (UPI) -- Crude oil prices climbed to the end of trading on the New York Mercantile Exchange Friday, reaching a record $126.06 per barrel.

Poll: Retirement funding looks to change PRINCETON, N.J., May 9 (UPI) -- Current and future retirees in the United States have sharply contrasting expectations about how they will fund their retirement years, Gallup said Friday.

Microsoft to appeal $1.38 billion fine REDMOND, Wash., May 9 (UPI) -- Microsoft Corp. will appeal the $1.38 billion fine imposed by the European Commission in February, the company said Friday.

Honda FourTrax Foreman ATVs recalled WASHINGTON, May 9 (UPI) -- The U.S. Consumer Product Safety Commission announced a voluntary recall Friday of Honda Motor Co. all-terrain vehicles due to loss of steering control.

Fingerhut pressure washers recalled WASHINGTON, May 9 (UPI) -- The U.S. Consumer Product Safety Commission announced a voluntary recall Friday of Craft Pressure Washers due to fire hazard.

Deluxe Bottle and Food Warmers recalled WASHINGTON, May 9 (UPI) -- The U.S. Consumer Product Safety Commission announced a voluntary recall Friday of Deluxe Bottle and Food Warmers due to fire hazard.

Judge OKs Dutch baggage handlers strike AMSTERDAM, Netherlands, May 9 (UPI) -- A strike of baggage handlers at Schiphol Airport in the Netherlands would not jeopardize airport security, a judge in Amsterdam ruled.

U.S. markets slide on Friday NEW YORK, May 9 (UPI) -- U.S. stock indexes slipped in early afternoon trading Friday, as oil prices pushed upward, triggering inflation worries.

Canadian economy concerns at 10-year high TORONTO, May 9 (UPI) -- The economy has risen to be the top concern among Canadians for the first time in 10 years, a poll published Friday said.

Big oil starts big public relations push WASHINGTON, May 9 (UPI) -- U.S. oil companies have begun a national public relations campaign meant to counter their negative image, an industry lobby group said.

UPI NewsTrack Business U.S. markets start Friday with hard slide ... Foreclosures on the rise in Britain ... WiMax future may start in Chicago ... Some U.S. retailers and tobacco part ways ... News from United Press International.

Foreclosures on the rise in Britain LONDON, May 9 (UPI) -- Foreclosures in Britain rose 16 percent in the first quarter of 2008, coming close to levels experienced in the 1990s, the government said.

WiMax future may start in Chicago CHICAGO, May 9 (UPI) -- The future of wireless communication may have its start this year in Chicago, industry observers said.

Some U.S. retailers and tobacco part ways SAN FRANCISCO, May 9 (UPI) -- U.S. retailers are dropping out of the cigarette business and finding a supportive reaction from customers, retailers say.

Canadian employment edged up in April OTTAWA, May 9 (UPI) -- Canada's employment rose slightly in April by 19,000 full-time and self-employed positions, Statistics Canada reported Friday.

IMF calls for response to inflation WASHINGTON, May 9 (UPI) -- International Monetary Fund First Deputy Managing Director John Lipsky called on governments to mount a strong defense against inflation.

U.S. credit card debt mounting WASHINGTON, May 9 (UPI) -- Credit card delinquency rates in the United States are growing as expenses have risen and options for borrowing have narrowed, financial experts said.

China's PPI rises 8.1 percent in April BEIJING, May 9 (UPI) -- China, facing rising inflation, saw its April producer price index jump 8.1 percent from last year, due to higher prices of raw materials and energy.

UPI NewsTrack Business U.S. markets close up Thursday ... Sub hunter keeps Boeing U.S. plant busy ... Ford's chairman praises company CEO ... UBS agrees to buy back municipal bonds ... News from United Press International.

Grain trades mixed in Chicago Thursday CHICAGO, May 8 (UPI) -- Grains traded higher Thursday, although soybean prices tailed off with wheat before firming near the day's close on the Chicago Board of Trade

Retailers report an April bounce WASHINGTON, May 8 (UPI) -- Year-to-year chain store sales for April jumped beyond expectations, the International Council of Shopping Centers reported Thursday.

U.S. markets close up Thursday NEW YORK, May 8 (UPI) -- U.S. stock indexes closed in the black Thursday, bolstered by labor and retail news and undeterred by a fifth consecutive day of crude oil price records.