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  • Philanthropist, shopping mall developer Taubman dies at 91

    BLOOMFIELD HILLS, Mich. (AP) — Real estate mogul and Michigan billionaire A. Alfred Taubman, whose business success and philanthropy was clouded by a criminal conviction late in his career, has died. He was 91. Son Robert S. Taubman, the president and CEO of Taubman Centers, Inc., says his father died Friday night of a heart attack. Taubman...

  • Son: Michigan billionaire philanthropist, shopping mall developer A. Alfred Taubman dies

    BLOOMFIELD HILLS, Mich. (AP) — Son: Michigan billionaire philanthropist, shopping mall developer A. Alfred Taubman dies.

  • Group wants to bring back Native Hawaiian burial traditions

    HONOLULU (AP) — A group of Native Hawaiians wants to bring back a centuries-old island burial practice that it says is more environmentally friendly than some modern interment methods. Traditional "clean burials" involve cleansing the deceased by fire in a pit and then compressing the skeletal remains, wrapping them in a cloth woven from...

  • Family wins back seized gold coins that could be worth $80M

    PHILADELPHIA (AP) — A family was awarded the rights to 10 rare gold coins possibly worth $80 million or more on Friday after a U.S. appeals court overturned a jury verdict. U.S. Department of the Treasury officials insist the $20 Double Eagles were stolen from the U.S. Mint in Philadelphia before the 1933 series was melted down when the...

  • US oil and natural gas rig count drops by 34 to 954

    Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 34 this week to 954 amid depressed oil prices. Houston-based Baker Hughes said Friday 734 rigs were seeking oil and 217 explored for natural gas. Three were listed as miscellaneous. A year ago, 1,831 rigs were active....

  • Senator: Decade-old Gulf oil leak is 'unacceptable'

    BATON ROUGE, La. (AP) — A U.S. senator from Florida is pressing federal officials to disclose technical data and other information about a decade-old oil leak in the Gulf of Mexico, after an investigation by The Associated Press revealed evidence that the spill is far worse than a company or government regulators have publicly reported. In a...

  • After Alps crash, some experts ponder flights without pilots

    NEW YORK (AP) — To improve airline safety, maybe we need to remove the pilots. That radical idea is decades away, if it ever becomes a reality. But following the intentional crashing of Germanwings Flight 9525 by the co-pilot, a long-running debate over autonomous jets is resurfacing. At the very least, some have suggested allowing authorities...

  • Global finance leaders see economy strengthening

    WASHINGTON (AP) — Financial officials from the world's major economies on Friday welcomed modest improvements in the global economy while side-stepping fears rattling global financial markets that Greece will default on its bailout loans. The officials from the Group of 20 issued a joint communique that pledged greater efforts to boost...

  • Worker burns face, neck in explosion at Ohio chemical plant

    MONROE, Ohio (AP) — A chemical explosion at a manufacturing plant in southwest Ohio has injured a worker. Fire and police officials in Monroe say the explosion at Alfrebro LLC occurred Friday afternoon. Monroe fire Chief John Centers says the worker was burned on his face and neck and was flown to a hospital in Dayton. The worker's condition...

  • Recalls this week: blowers, bike hooks, mattresses, toys

    A line of bike hooks that can unexpectedly detach from their mounting are among this week's recalled consumer products. Other recalls include mattresses that failed flammability standards and truck and motorcycle toys with excessive amounts of lead. Here's a more detailed look: BIKE HOOKS DETAILS: Husky Securelock vertical bike hooks used...

  • Spanish official slams Greece, says time 'running out'

    WASHINGTON (AP) — Spain's Economy Minister Luis de Guindos criticized Greece's left-wing government for its "not very coherent" approach to negotiations over its finances and economy. "We have wasted very precious time over the last three or four weeks," de Guindos said in an interview Friday with The Associated Press. "They have not made a...

  • China: New bank to enhance international finance system

    WASHINGTON (AP) — China's proposed infrastructure bank for Asia is intended to complement, not replace, existing lenders dominated by the U.S. and Japan, a senior Chinese official said Friday. Vice Finance Minister Zhu Guangyao said after a meeting of the Group of 20 leading world economies that China has proposed the Asian Infrastructure...

  • Correction: Bird Flu story

    ST. PAUL, Minn. (AP) — In a story April 16 about bird flu, The Associated Press reported erroneously that recent outbreaks had led to the death of more than 2.5 million turkeys and chickens. The correct figure at the time was more than 2.4 million, and not all the birds slated to be euthanized had been. A corrected version of the story is...

  • Boost Mobile selling prepaid cards for Cuba calls and texts

    NEW YORK (AP) — Sprint's Boost Mobile business is offering prepaid calling cards for Miami customers who want to call Cuba. Boost Mobile said Thursday that customers can pay $50 per month for a card that includes 5 gigabytes of high speed data and $60 a month for 10 GB of data. Both cards will give consumers the ability to talk on the phone...

  • GE posts $13.6 billion loss on finance unit sale

    NEW YORK (AP) — The industrial heart of General Electric, the company's new focus, posted lower revenue and earnings in the first quarter amid an enormous overall loss resulting from its recently-announced sale of most of the assets in its finance subsidiary. Net income from the part of GE that the company will retain after the sale fell 5...

  • Business Highlights

    ___ After Alps crash, some experts ponder flights without pilots NEW YORK (AP) — To improve airline safety, maybe we need to remove the pilots. That radical idea is decades away, if it ever becomes a reality. But following the intentional crashing of Germanwings Flight 9525 by the co-pilot, a long-running debate over autonomous jets is...

  • Why banks made more money last quarter

    NEW YORK (AP) — Wall Street and Main Street gave banks a boost last quarter. Fees from corporate mergers and commissions from trading fueled profits at big financial firms. But average Americans also helped by taking out more home loans and paying off their debts. Here's a look at what drove the first-quarter results: HOME LOAN JUMP:...

  • Barbie shows signs of life as Mattel plots comeback

    NEW YORK (AP) — Things are finally looking up for Barbie. Mattel, the toy company behind the plastic dolls, said there were some signs of improving demand for Barbie ahead of its planned makeover of the brand, including Barbie dolls with different skin tones, eye colors and nose shapes to better relate to multicultural girls and their mothers....

  • Slow start to elver season means high price for baby eels

    PORTLAND, Maine (AP) — Maine's baby eel season is off to a slow start, causing prices to balloon back to historic levels as fishermen wait for waterways to finish thawing. Elvers, also called glass eels, are sold overseas as seed stock for Asian aquaculture companies that raise them to maturity and sell them as food. Maine fishermen are by far...

  • No. 1 egg-producing state aims to keep bird flu out

    DES MOINES, Iowa (AP) — The discovery of bird flu on an Iowa turkey farm has raised serious concerns that the poultry-killing virus could find its way into chicken barns in the nation's top egg-producing state and decimate flocks. Iowa is home to roughly 50 million chickens that lay nearly one in every five eggs consumed in the U.S. The...

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