Business briefing: Local gas prices higher than national average

The average price for gas in the greater St. Louis area has recently increased at a higher rate than the rest of the country.

According to the online gasoline price tracker GasBuddy.com, the average retail gasoline prices in St. Louis rose 6.4 cents per gallon in the past week, averaging $2.70 per gallon, compared to the national average increase of 0.4 cents per gallon in that same span. However, the St. Louis region’s average price remains lower at $2.70 per gallon compared to the $2.76-a-gallon national average. Find out more here.

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Apple is planning to announce a launch of its own paid streaming-music service this summer. Learn more here.

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McDonald’s reports sales recorded in May fell as the world’s biggest hamburger chain remains in a sales slump. Read more here.

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A recent investigation finds that U.S. companies are adjusting their records to reflect healthier, yet misleading, versions of their results by not reporting some of the costs of running a business. For more information, read here.

-Will Buss, BND business writer

This story was originally published June 8, 2015 at 9:23 AM with the headline "Business briefing: Local gas prices higher than national average."