NEW YORK, May 25 (UPI) --
June delivery crude oil prices tumbled overnight, falling below $68 per barrel with the bellwether commodity undermined by a weak euro.
The euro fell to $1.2225 from Monday's $1.238. Moreover, the euro has declined more than 15 percent against the dollar this year.
RIO DE JANEIRO, May 25 (UPI) -- Brazil, the oldest nuclear power in Latin America, is poised to attain industrial autonomy in the processing of uranium in a move pursued by the military to secure the country's pre-eminent status in military and political fields.
NEW YORK, May 25 (UPI) -- The Dow Jones industrial average avoided a close below 10,000 points Tuesday with a late rally that wiped out most of the day's losses.
LONDON, May 25 (UPI) -- St. Louis Federal Reserve President James Bullard said Tuesday it was unlikely the debt crisis in Europe would led to a "worldwide recessionary shock."
CHICAGO, May 25 (UPI) -- U.S. economic growth in April reached the highest level since December 2006, the Chicago Federal Reserve said Tuesday.
MINNEAPOLIS, May 25 (UPI) -- A Minnesota bank has agreed to pay a $700,000 fine for losing millions of e-mails it is required to keep, U.S. regulators said.
NEW DELHI, May 25 (UPI) -- For a nation that is increasingly outsourcing its defense needs to the United States, India is now warning of the serious pitfalls in such a relations.
DEARBORN, Mich., May 25 (UPI) -- Ford Motor Co. said Tuesday it would bring production of two components for electrical cars closer to home, investing $135 million in two Michigan factories.
RICHMOND, Va., May 25 (UPI) -- The Richmond, Va., Federal Reserve Bank said manufacturing activity in the central Atlantic states rose for the fourth consecutive month in May.
NEW YORK, May 25 (UPI) -- U.S. consumer confidence rose in May for the third consecutive month, the Conference Board said Tuesday.
WASHINGTON, May 25 (UPI) -- A quarterly S&P;/Case-Shiller report on home prices showed U.S. home prices dropped by 3.2 percent in the first quarter of 2010.
GERMANTOWN, Md., May 25 (UPI) -- The U.S. Army has contracted AWS Convergence Technologies to provide lightning location technologies to be used at seven Army test installations.
FREMONT, Calif., May 25 (UPI) -- Microfluidic Systems says the U.S. Patent and Trademark Office awarded the company a new patent for its air-borne pathogens identification technologies.
PALO ALTO, Calif., May 25 (UPI) -- The U.S. Homeland Security Department has contracted HP Enterprise Services to support an immigration status and criminal background check center.
COLUMBIA, Md., May 25 (UPI) -- Tresys Technology has launched its next-generation mobile computer media devices security solution to counter threats to U.S. Defense Department networks.
DENVER, May 25 (UPI) -- Finnish defense authorities selected Lockheed Martin to provide modifications to an aircraft platform that integrates a modern surveillance technology.
