Economic Indicators

Correction: Lithium Ion Batteries-Recycling story

The U.S. government will lead an ambitious effort to develop technologies to recycle lithium-ion batteries from electric vehicles, cellphones and other sources to ensure a reliable and affordable supply of metals crucial to battery production in anticipation of soaring global demand and potential shortages, Department of Energy officials said Friday.

Business Highlights

___ Amazon dumped New York, but cities still wooing the company Amazon's breakup with New York was still fresh when other cities started sending their own valentines to the online giant.

Mexican president announces bailout for cash-strapped Pemex

Mexican President Andres Manuel Lopez Obrador on Friday announced a $3.9 billion bailout for the country's cash-strapped, state-owned oil company Friday and promised it an additional $1.6 billion in revenue, making it a rescue package of up to $5.5 billion.