Oil prices headed higher Thursday after an initial retreat as reports on jobs, manufacturing and home sales gave mixed signs about the economy.
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PARIS—Note to big companies hoping to tap into France's lucrative but long-neglected Muslim consumer market: Pitfalls may await, and not only in the form of complaints from the far-right.
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GRAND ISLE, La.—An offshore petroleum platform exploded and was burning Thursday in the Gulf of Mexico about 80 miles off the Louisiana coast, west of the site where BP's undersea well spilled after a rig explosion.
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BERLIN—Germany's central bank said Thursday that it will request the dismissal of a board member whose comments stereotyping Muslims and Jews drew outrage at home and abroad.
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ST. PAUL, Minn.—The woman who blew the whistle on Tom Petters' $3.7 billion Ponzi scheme, even as she was implicated herself, has been sentenced to one year in prison.
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WASHINGTON—Kia Motors is recalling about 35,000 Soul and Sorento vehicles to fix wiring in the interior lighting panels that could lead to fires.
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WASHINGTON—Orders to U.S. factories managed a slight gain in July as a surge in demand for commercial aircraft helped offset widespread weakness in other areas.
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