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Automotive

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Shuttered Hastings ethanol plant closing permanent

A Hastings ethanol plant that announced in February that it would temporarily shut down will not reopen. The Ag Processing Inc. cooperative said Friday that it is permanently shutting down the 55-million-gallon-a-year plant, citing the plant's age and high utility costs associated with running it. Officials had cited a slowdown ...

Silicon Valley-area hub becomes factory town

In a busy factory, machinists move sheets of aluminum roll in the back door to be molded, stamped, twisted and notched into high-tech electric cars that sell for more than $60,000 each. Down the road in another plant, crews slice solar cells, place them under glass sheets and create panels ...

In an undated photo provided by the Gilmore Car Museum in Hickory Corners, Mich., a rare 1930 Model A school bus that originally served the El Monte, California school district is parked in front of the all-new Model A Ford Museum on the Gilmore Car Museum’s campus. The bus was rescued and restored by a Model A club in Placerville, CA and then donated to the new Model A Museum. The museum is set to hold its grand opening ceremony on Saturday and is fashioned after a Ford dealership from 1928. (AP Photo/Gilmore Car Museum, Jay Follis)

Grand opening held for Model A museum in Michigan

A museum in southwestern Michigan that celebrates Ford Motor Co.'s Model A has held a grand opening ceremony. The 12,000-square-foot Model A Ford Museum is fashioned after a Ford dealership from 1928. It sits on the Gilmore Car Museum campus in Hickory Corners, about 115 miles west of Detroit. Marketing ...

ADVANCE FOR SUNDAY MAY 19 AND THEREAFTER - Richard L. Sharp, former CEO of Circuit City and creator of CarMax, with his wife Sharry Sharp at their home on Wednesday, May 1, 2013. Sharp, who led Circuit City through dramatic growth in the 1990s, was the mastermind behind CarMax, the used-car superstore concept that Circuit City developed and that is now the nation's largest retailer of used cars.  (AP Photo/Richmond Times-Dispatch, Dean Hoffmeyer)

CarMax founder, family hope for Alzheimer's cure

Richard L. Sharp thrived on being a visionary. "All of my life, I've been the curious one. It's a good thing to have," Sharp said recently, adding that he always looked for new or different ways to do something. For instance, Sharp, who led Circuit City through dramatic growth in ...

In this May 2, 2013 photo, Paul T. Woodal Jr. poses for photos next to his Barbie-pink 2008 Volkswagen Beetle adorned with photos and sayings from one of country music’s most beloved artists, Dolly Parton. (AP Photo/The Herald-Mail, Joe Crocetta)

Hagerstown man has car devoted to Dolly Parton

Dolly Parton once said "Sometimes you just have to toot your own horn. Otherwise, nobody will know you're a-comin'." For Paul T. Woodal Jr. of Hagerstown, his horn is attached to a Barbie-pink 2008 Volkswagen Beetle adorned with photos and sayings from one of country music's most beloved artists, Dolly ...

Business Highlights

___ A year after IPO, Facebook aims to be ad colossus NEW YORK (AP) — It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger ...

Gold prices sink for seventh day, near April low

Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news. Gold for June delivery dropped 1.6 percent, losing $22.20 to settle at $1,364.70 an ounce. The precious metal is nearing the recent low of $1,352 it reached ...

Gold prices sink for seventh day, near April low

Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news. Gold for June delivery dropped 1.6 percent, losing $22.20 to settle at $1,364.70 an ounce. The precious metal is nearing the recent low of $1,352 it reached ...

Oil gains to near $96 as investors eye US economy

The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy. By early afternoon in Europe, benchmark oil for June delivery was up 45 cents to $95.61 a barrel in electronic trading on the ...

Oil rises above $96 on encouraging economic news

The price of oil rose to $96 a barrel on Friday on hopes that a steady recovery in the U.S. economy could boost fuel use. Benchmark oil for June delivery rose 86 cents to close at $96.02 a barrel on the New York Mercantile Exchange. But even with three straight ...

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