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Automakers spend big at Detroit show
Jan 2 2007 11:22PM (CT)
DETROIT (AP) - The world's automakers are spending big at this year's North American International Auto Show in hopes that vehicle buyers will do the same.
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Automakers spend big at Detroit show
Jan 2 2007 11:22PM (CT)
DETROIT (AP) - The world's automakers are spending big at this year's North American International Auto Show in hopes that vehicle buyers will do the same.
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Automakers spend big at Detroit show
Jan 2 2007 11:22PM (CT)
DETROIT (AP) - The world's automakers are spending big at this year's North American International Auto Show in hopes that vehicle buyers will do the same.
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Nucor offers $1.07B for Harris Steel
Jan 2 2007 9:53PM (CT)
CHARLOTTE, N.C. (AP) - Steel products maker Nucor Corp. offered $1.07 billion Tuesday in cash for Canada's Harris Steel Group Inc., the latest in a string of acquisitions for the steelmaker and in the quickly consolidating industry.
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Starbucks to drop trans fats from items
Jan 2 2007 8:29PM (CT)
SEATTLE (AP) - Barb French has three good reasons to be happy Starbucks is banning artery-clogging trans fats from its food: her own health and the health of her two young daughters.
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Goodyear resumes production after strike
Jan 2 2007 7:19PM (CT)
CLEVELAND (AP) - Goodyear Tire & Rubber Co. workers returned Tuesday after a three-month strike, with the world's third-largest tire maker saying it could be weeks before full production resumes.
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Mass. probes UBS' 'hedge fund hotels'
Jan 2 2007 6:22PM (CT)
BOSTON (AP) - Massachusetts' top securities regulator is investigating whether leased office space and other services that investment banks provide to hedge fund traders have created a conflict of interest that could hurt investors.
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Philadelphia Inquirer to lay off 68
Jan 2 2007 6:19PM (CT)
PHILADELPHIA (AP) - The Philadelphia Inquirer, grappling with sharp declines in circulation and ad revenue, said Tuesday it expected to lay off 68 newsroom employees, about 16 percent of its editorial staff.
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World markets rally; Wall Street closed
Jan 2 2007 6:18PM (CT)
LONDON (AP) - Stock markets around the world had a strong start to 2007 on Tuesday as investors bet on more mergers and rising valuations _ trends that sent equities soaring at the end of 2006.
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Animal fats touted as future fuel source
Jan 2 2007 6:16PM (CT)
DEXTER, Mo. (AP) - Jerry Bagby is typical of the oil men who are prospecting for a fortune in the Midwestern biofuels boom. He's convinced there's oil in these hills _ and he's found a well that no one else is using.
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Shoney's restaurants to be acquired
Jan 2 2007 6:16PM (CT)
NASHVILLE, Tenn. (AP) - An Atlanta-based company that operates Church's Chicken restaurants is acquiring Shoney's Restaurants for an undisclosed amount.
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Sharper Image cuts ex-CEO's severance
Jan 2 2007 6:14PM (CT)
SAN FRANCISCO (AP) - Specialty retailer Sharper Image Corp. chopped more than $3 million from the severance pay of recently departed CEO Richard Thalheimer to offset his past windfalls from favorably priced stock options, according to documents filed with securities regulators.
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Developer courts Fla. mobile home owners
Jan 2 2007 6:13PM (CT)
BRINY BREEZES, Fla. (AP) - The owners of nearly 500 mobile homes in one of the last waterfront trailer-park towns in South Florida stand to become instant millionaires if they agree to sell to a developer. But some are holding out, saying there are things more important than money.
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DaimlerChrysler deal on suit settlement
Jan 2 2007 5:15PM (CT)
STUTTGART, Germany (AP) - DaimlerChrysler AG has reached an agreement with insurers over their contribution to a $300 million settlement of an investor lawsuit over the 1998 merger that created the company, a spokesman said Tuesday.
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DaimlerChrysler deal on suit settlement
Jan 2 2007 5:15PM (CT)
STUTTGART, Germany (AP) - DaimlerChrysler AG has reached an agreement with insurers over their contribution to a $300 million settlement of an investor lawsuit over the 1998 merger that created the company, a spokesman said Tuesday.
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Oil prices slip
Jan 2 2007 3:45PM (CT)
NEW YORK (AP) - Oil prices slipped in quiet trading Tuesday, turning lower on warmer than usual winter weather in the United States and expectations of an agreement between Russia and Belarus over natural gas prices.
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Lennar projects fourth quarter loss
Jan 2 2007 1:48PM (CT)
MIAMI (AP) - Lennar Corp., one of the nation's largest homebuilders, said Tuesday it expected a fourth-quarter loss as the company reevaluates how much its inventory is worth amid a slowing industry.
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Treasury bills mixed in weekly auction
Jan 2 2007 12:57PM (CT)
WASHINGTON (AP) - Interest rates on short-term Treasury bills were mixed in Tuesday's auction, with three-month bills rising to the highest level in six weeks while rates on six-month bills were unchanged from last week.
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Rejected Hard Rock bidder files suit
Jan 2 2007 12:25PM (CT)
FORT LAUDERDALE, Fla. (AP) - A rejected suitor for the Hard Rock chain of cafes and casinos claims in a lawsuit that the Seminole Tribe of Florida was the successful buyer because of improper collusion and bid-rigging.
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China tax revenues up 22 percent in 2006
Jan 2 2007 9:33AM (CT)
BEIJING (AP) - China's tax revenues soared 22 percent in 2006, the government said Tuesday, amid surging economic growth and official efforts to increase tax collections from private industry.
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Pa. looking to revive dairy industry
Jan 2 2007 4:10AM (CT)
HARRISBURG, Pa. (AP) - Pennsylvania has leased its first dairy barn as part of a wider effort to bring younger farmers into a dairy industry that is getting older and losing farms.
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Big Three to unveil an array of new cars
Jan 2 2007 12:49AM (CT)
DETROIT (AP) - After years of ceding much of the car market to Asian competitors, Detroit's Big Three are preparing to roll out an array of new autos that they hope will bring buyers back to their showrooms to look for something besides trucks.
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