Chicago Suntimes Business

LONDON (AP) — Oil prices dropped below $70 a barrel Monday after an short-lived morning rally in Asia was stopped by declining European stock markets.

The median price of homes sold in Chicago rose 3.2 percent in April from a year earlier, the first annual increase in nearly two years, the Illinois Association of Realtors said today.

The Campbell Soup Co.’s third-quarter revenue rose almost 7 percent — its biggest quarterly increase since 2008. But one-time expenses took a bite out of its net income.

NEW YORK (AP) — Nokia will run maps and navigation services for Yahoo on both phones and computers.

When the Dow Jones industrial average tumbled nearly 1,000 points in a few minutes earlier this month, the pitfalls resulting from interconnected financial markets were shockingly exposed.

The always-aggressive Southwest Airlines is unveiling the latest salvo in its high-profile "bags fly free" marketing campaign. There was some speculation several months ago that Southwest would begin charging for one or more checked bags.

We may not be a soccer town the way we're a football, baseball, basketball or hockey town.

SINGAPORE (AP) — Asian stock markets were mostly higher Monday, led by China, as investors took heart from a late rally on Wall Street. European shares were mixed.

Graduates may have a tough time finding a job, but they'll get more-expensive gifts from family and friends than last year, a poll shows.

A fund-raising slowdown put the brakes, for now, on a new Chicago Children's Museum in the northeast end of Grant Park, but that isn't stopping plans to remodel the site.

Jewel-Osco will offer shoppers a Memorial Day savings promotion that rewards those who spend $50 or more in one transaction -- using their Preferred Card -- one coupon for 10 percent off on their next purchase during the promotion period.

NEW YORK (AP) — IBM says it is buying AT&T’s Sterling Commerce unit, which makes business software, for $1.4 billion.