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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
May 14, 2012
Page
7
Economists say consumer inflation may have peaked as oil prices drop and gas costs ease. The year to April showed 3.2 percent inflation with core inflation at 0.2 percent in April, while energy and food prices drove the gains.
Yahoo Inc.’s 43 percent stake in Alibaba Group weighs on shares after Alibaba’s Alipay spin off disclosure. The stock closes down 3.6 percent at 16.55, wiping about 2.5 billion from Yahoo’s value and underscoring risks for U.S. firms profiting from China’s growing Internet market.
California beekeepers report a strong year with record honey prices driven by abundant rainfall and rising demand. Production rose 134 percent last year to 27.5 million pounds, while retail prices climbed to 5.22 per pound in April.
Federal officials urge consumers to stop using counterfeit ExtenZe herbal pills sold without a prescription. The fake tablets allegedly contain tadalafil and sildenafil, the active ingredients in Cialis and Viagra, and carry lot numbers 1110075 and F050899.
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