Prices for gasoline are hitting record highs in France, where a gallon now costs more than $8 in some areas. Here in the U.S., analysts are predicting high gas prices for American drivers this summer — more than $4 in many areas, from a current average of $3.52.
Winnette McIntosh Ambrose and her brother Timothy recently won an episode of the Food Network's Cupcake Wars. They left chemical engineering to concoct treats at The Sweet Lobby boutique bakery in Washington, D.C.
When your products sell for more than $80 million, selling one of them is a big deal. Selling hundreds of them in one deal means they're probably feeling pretty good over at Boeing right now. The company has finalized a deal to sell 230 jets to Lion Air of Indonesia, with a list price of $22.4 billion.
The Pentagon is deciding what to cut from its budget. Defense officials want to push many of the planned cuts onto the National Guard and Reserves. This is already leading to a campaign by Guard-backers to keep their forces strong. But active-duty military say cuts in recent years have taken too much from them, so it's the Guard's turn.
Apple has hired an independent labor association to audit working conditions at supplier assembly plants. Apple is responding to criticism about working conditions at factories in China operated by its manufacturing partners.
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