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Southeast Asian leaders form trade zone
Jan 13 2007 11:27PM (CT)
CEBU, Philippines (AP) - Southeast Asian leaders agreed Saturday to turn their region into a free-trade zone by 2015 _ five years earlier than previously proposed _ and create a tighter political bloc.
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Nationalization may have different look
Jan 13 2007 10:12PM (CT)
BOGOTA, Colombia (AP) - Hugo Chavez loves incendiary rhetoric and risk-averse investors understandably rushed to sell shares in Venezuela's biggest telecommunications and power companies after he announced this week that he would nationalize them.
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Southern States faces landscape changes
Jan 13 2007 9:55PM (CT)
MORGANTOWN, W.Va. (AP) - Farm-supply cooperative Southern States has closed 115 stores in the past six years, many falling victim to the same trend that has forced some of its traditional clients out of business _ urban sprawl. Like many farm-supply stores that have changed to sell grass seed and pet food to suburbanites, the chain is dealing with a changing landscape.
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In a changing world, GE spreads globally
Jan 13 2007 9:53PM (CT)
NEW HAVEN, Conn. (AP) - General Electric Co., which rode a wave of American prosperity in the last century to become one of the world's largest companies, expects its overseas sales to roughly match its domestic business this year for the first time due to rapid global growth.
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Mexicans cope with rising tortilla price
Jan 13 2007 9:52PM (CT)
MEXICO CITY (AP) - Soaring international demand for corn has caused a spike in prices for Mexico's humble tortilla, hitting the poor and forcing President Felipe Calderon's business-friendly government into an uncomfortable confrontation with powerful monopolies.
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Frozen Cuban assets are target of suits
Jan 13 2007 9:51PM (CT)
MIAMI (AP) - The day a judge awarded her family $400 million in damages for Cuba's execution by firing squad of her brother, Jeannette Hausler said his death had been vindicated. "We have found justice," she said.
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Chavez OKs private firms in oil projects
Jan 13 2007 6:49PM (CT)
CARACAS, Venezuela (AP) - President Hugo Chavez said Saturday his government will allow private companies to own minority stakes in lucrative Orinoco River basin oil projects that Venezuela plans to nationalize.
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Delta pushes ahead on standalone plan
Jan 13 2007 4:36AM (CT)
ATLANTA (AP) - Delta Air Lines Inc., the nation's third-largest carrier, pushed ahead Friday with its effort to emerge from bankruptcy as a standalone company by formally asking the court to approve the disclosure statement to its reorganization plan.
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BP CEO to retire ahead of schedule
Jan 13 2007 12:11AM (CT)
LONDON (AP) - (AP) _ BP's chief executive is stepping down by the end of July _ more than a year ahead of schedule _ after a series of high-profile mishaps including a deadly refinery blast in Texas and a giant oil spill in Alaska tarnished the image of one of the world's largest oil companies.
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