Recent Posts

Whirlpool Profit Falls on Rising Costs

ATLANTA – Appliance maker Whirlpool Corp. (WHR) on Thursday reported a 15 percent drop in first-quarter profit as price increases boosted sales but failed to fully offset higher oil and steel costs. The results topped Wall Street estimates and Whirlpool’s shares were up more than 7 percent in early trading. …

Read More »

Lebanon's PM-Designate Bows Out

BEIRUT, Lebanon – Pro-Syrian Prime Minister-designate Omar Karami (search) announced Wednesday he cannot form a Cabinet, a move that deepens Lebanon’s (search) political crisis. “Today, and after many attempts … once again we reached a dead end,” he told a news conference at his residence in Beirut. “That’s why I …

Read More »

Lundberg Survey: Gas Prices Dip

CAMARILLO, Calif. – The average price for all grades of gasoline nationwide has fallen nearly 4 1/2 cents per gallon in two weeks because of a drop in crude oil prices (search) and slightly lower demand, an industry analyst said Sunday. The average retail price for all three grades dropped …

Read More »