IN BRIEF
CAMARILLO, Calif.
Gasoline prices fall below $4 a gallon
A national survey shows gasoline prices have dropped a fraction below the $4-dollar mark.
The average price of regular gasoline at self-serve stations was $3.996 a gallon on Friday. Mid-grade was $4.13 a gallon and premium went for $4.24. That's according to the Lundberg Survey of 7,000 gas stations nationwide, released Sunday.
Prices are at their lowest level since May 16 and are an average of 11.7 cents less per gallon than two weeks ago.
Still, the survey showed the average U.S. price for gas is $1.11 higher than it was a year ago.
Diesel was at $4.80.
The cheapest gas was in Wichita, Kan., where the price for regular was $3.61 a gallon.
Anchorage ranked the nation's highest for gas prices: $4.43 a gallon for regular.
NEW YORK
Motorola restructuring planned, reports say
Motorola Inc. will restructure its home and networks mobility unit into three separate businesses, which could ease the way for their potential sale, according to media reports.
Motorola said in March that it plans to separate the handset business, which has been hurt by a 2-year-long decline in cell phone sales, from the home and networks business.
Now, the world's third-largest cell phone maker told employees in a memo last week it will split its second-largest division into three segments, according to a story published on The Wall Street Journal's Web site Sunday.
The home and networks business sells TV set-top boxes, digital video recording equipment and modems.
