Real Estate, Mortgage & Business News

AP - A Canadian company at the center of a huge oil spill in southern Michigan has a history of pipeline problems, including leaks, an explosion and dozens of regulatory violations.

AP - Theo Albrecht, the secretive co-founder of Germany's worldwide discount supermarket chain Aldi, a co-owner of Trader Joe's in the United States and one of Europe's richest men, has died at age 88.

AP - The Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group for about $660 million, ending a 17-year association with the studio and a six-month bidding process.

AP - The world's biggest rice importer, the Philippines, is now "swimming" in the staple grain because of massive imports by the previous government that drove world prices to record highs and possibly enriched corrupt officials.

AP - The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists.

AP - China's worst known oil spill is dozens of times larger than the government has reported — bigger than the famous Exxon Valdez spill two decades ago — and some of the oil was dumped deliberately to avoid further disaster, an American expert said Friday.

AP - A disagreement among poultry producers about whether chicken injected with salt, water and other ingredients can be promoted as "natural" has prompted federal officials to consider changing labeling guidelines.