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OKLAHOMA CITY (AP) — A group of investors from Oklahoma City has completed a $12.7 million transaction to buy the Dippin' Dots LLC flash-frozen ice cream company out of bankruptcy.

The deal approved Friday will enable company founder Curt Jones to act as chief executive officer. Dippin' Dots will remain headquartered at Paducah, Ky.

An Oklahoma newspaper reports Scott Fischer will be Dippin' Dots president. Fischer and his father, Mark Fischer are the primary investors in the company. Mark Fischer is chief executive officer and co-founder of Oklahoma City-based Chaparral Energy.

Scott Fischer says the company plans to expand from 1,600 sales locations...

NEW YORK (AP) — Google says authorities in China have approved its acquisition of Motorola Mobility. This brings the Internet search giant closer to completing its biggest deal ever.

Google Inc. is buying the mobile phone maker for $12.5 billion. The deal was announced last August and had received all necessary regulatory approvals except in China. Google's relations with China have been strained since it moved its search engine out of the country two years ago in a dispute over censorship and security.

Google spokeswoman Niki Fenwick says the Chinese government cleared the deal on Saturday.

The deal allows Google to expand...

NEW YORK (AP) — Amid a high volume of hype and trading, Facebook has posted a bland 23 cent gain in its first day on Wall Street.

The Menlo Park-based social networking giant's stock closed at $38.23 Friday, meaning it's worth about $105 billion, more than Amazon.com, McDonald's and Silicon Valley icons Hewlett-Packard and Cisco.

It also gave 28-year-old CEO Mark Zuckerberg a stake worth more than $19.2 billion. Before symbolically ringing Nasdaq's opening bell from company headquarters, Zuckerberg called going public an important milestone in the company's history.

But for many seeking a big first-day pop in Facebook's share price, the single-digit...

DETROIT (AP) — General Motors says that it costs too much to advertise during the Super Bowl.

Marketing chief Joel Ewanick says the company won't run ads during the big game in February.

Ewanick said in a statement Friday that GM can't justify the expense because of a significant price increase for next year's event.

The move comes as the company reviews its global advertising budget. GM spent about $4.5 billion on advertising last year.

The Super Bowl is advertising's biggest stage. Companies spent an average of $3.5 million for a 30-second commercial during this year's game.

It's not the first advertising change this week...

SINGAPORE (AP) — Oil prices fell to near $92 a barrel today in Asia, extending a sharp two-week sell-off as the latest twists in Europe's debt crisis added to a gloomy economic outlook. 

Benchmark oil for June delivery was down 26 cents to $92.30 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell 25 cents to settle at $92.56 in New York on Thursday.

Crude's drop — it has plunged about 13 percent from $106 two weeks ago — began when the U.S. reported weaker than expected job numbers May 4th,...