MANASQUAN, N.J.—Saws and sledgehammers joined beer and barbecues—under covered porches—as a fixture of the first Memorial Day weekend at the Jersey shore since Superstorm Sandy roared through.
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RALEIGH, N.C.—Tesla Motors is fighting a bill in North Carolina that would effectively ban the company from selling its electric cars in the state, pitting it against auto dealers who say the car maker has an unfair advantage selling directly to consumers online.
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The Justice Department is objecting to a proposed $20 million severance payment for American Airlines CEO Tom Horton, saying it's bigger than allowed by bankruptcy law.
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Key barometers in the Treasury market late Friday, compared with late Thursday. Price changes in the 10-year note and 30-year bond are per $100 invested: Prices Today Previous Session 10-year note +3.
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Metals prices ended slightly lower Friday, as did agricultural futures. Crude oil ended the week down 2 percent as traders worried about global demand and shared the stock market's concerns about possible changes to the Federal Reserve economic stimulus program.
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Major stock indexes closed out their first weekly loss in a month in quiet trading Friday. Both the Dow and S&P 500 had their first weekly losses since the week ending April 19.
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NEW YORK—Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Procter & Gamble Co.
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