Business

AP - Oil was sent onto a roadway and into a retention pond in suburban Chicago on Thursday when Enbridge Energy Partners officials said one of their pipelines in the area leaked.

Reuters - Chip makers National Semiconductor and Texas Instruments Inc on Thursday issued quarterly financial targets that stoked investors' worries about a sluggish economy.

Reuters - Casey's General Stores Inc confirmed it was in buyout talks with convenience store operator 7-Eleven, which offered the company $40 per share in cash earlier this month.

AP - The Environmental Protection Agency asked nine natural gas companies Thursday to voluntarily disclose the chemical components used in a drilling technique called hydraulic fracturing.

Investor's Business Daily - Aug. car sales in India rose 33.2% from a year ago, according to the Society of Indian Automobile Manufacturers. The gain was impressive considering supply constraints have pushed up vehicle prices. Ford expects India to be the world's No. 3 auto market by decade's end, and is pushing hard to gain market share from rivals such as Maruti Suzuki, Hyundai and Tata Motors . Ford plans to launch 8 more models in India. Meanwhile, Tata's domestic sales of its key medium and heavy commercial vehicles rose 34%.

AFP - The International Monetary Fund on Thursday announced it would sell 10 metric tons of gold to Bangladesh, worth around 403 million dollars.

Reuters - Stocks rose on Thursday as stronger-than-expected jobs and trade data helped lift optimism about the economic recovery, although sentiment was fragile as investors fretted over European banks.

Reuters - A Canadian man's own actions will prove he lied to a court about having no knowledge of the conspiracy that led to the deadly bombing of Air India Flight 182 in 1985, prosecutors said at the start of a perjury trial on Thursday.

Reuters - Ford Motor Co has invited Lincoln dealers to a meeting in October to discuss its plans to breathe new life into the lagging luxury brand at a critical time for many of its U.S. retailers.

AP - Record-low mortgage rates failed to pull the housing market out of its funk. Now rates are inching higher, but don't blame them if home sales stay sluggish.

Investor's Business Daily - House and condo owners may face extra costs as their homeowner associations struggle with unpaid assessments, the legacy of neighbors hit by job losses and foreclosures.

AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.

AP - National Semiconductor Corp., which makes chips for power management, signal amplification and other uses, said Thursday its fiscal first-quarter net income nearly tripled, but the company said it expects slower growth than usual in the near term.

AP - A business owned by the family of South Carolina Republican gubernatorial candidate Nikki Haley has been penalized for failing to pay taxes three times since 2003, according to records obtained by The Associated Press.

Reuters - Wal-Mart Stores Inc will remain without a chief merchandising officer for its U.S. stores for now, instead naming four new product heads to take over that responsibility, the retailer said on Thursday.

AP - No, the economy isn't roaring ahead. And no, companies aren't making lots of job offers. But a fresh batch of economic data Thursday at least eased summertime fears that the economy might be on the brink of another recession.

AP - Oil prices fell back on Thursday, after getting an early boost from lower jobless claims and crude inventories.

PR Newswire - USW Case Exposes Violations of Trade Law by China in Effort to Dominate Alternative and Renewable Energy Industry

The Motley Fool - The looming cloud hanging over our collective financial future has a big, fat silver lining -- if you bother to look for it.

AP - Alabama seafood market owner David Scott faces a difficult decision as he tries to rejuvenate his business after the Gulf oil spill: He can accept a piece of BP's $20 billion claims fund — relatively fast, easy money — or sue the oil giant for a bigger payday, wait years and risk ending up with nothing.