Daily business briefing: Unrest in Iraq pushes gas prices up

June 19, 2014 

The national average price of $3.68 per gallon of gas is the highest price for this time of year since 2008, when gasoline cost hit its all-time high. Analysts point to the recent violence in Iraq for the recent price spike. Read more at http://www.bnd.com/business. ...


Pharmacy chain Rite Aid recorded a 55 percent drop in its first-quarter profit. The store is dealing with higher-than-expected drug costs and reimbursement rate reductions. Find out more at http://www.bnd.com/business. ...


The new phone unveiled by Amazon.com Inc. allows you to see in 3-D. Another feature makes use of four infrared cameras pointed at your face that help judge whether you're looking at the screen straight-on and helps the viewer see depth in images, to see around objects in the foreground, zoom in for a better look and to toggle through websites while you look at it. Learn more at http://www.bnd.com/business. ...


The Dow Jones industrial average futures is up to 16,825. Standard & Poor's 500 index futures rose one point to 1,950, while Nasdaq 100 futures rose three points to 3,799. For more information, call http://www.bnd.com/business.

-- Will Buss, BND business writer

Belleville News-Democrat is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service