Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance
|
|
|
|
|
|
Judge balks at State Farm Katrina deal
Jan 26 2007 10:54PM (CT)
NEW ORLEANS (AP) - A federal judge in Mississippi on Friday refused to endorse part of a proposed settlement that calls for insurance payments to thousands of Mississippi policyholders whose homes were destroyed or damaged by Hurricane Katrina.
|
|
|
SEC probes KB Home stock options grants
Jan 26 2007 7:43PM (CT)
LOS ANGELES (AP) - Homebuilder KB Home said Friday that the Securities and Exchange Commission has launched a formal investigation into its stock option granting practices. In a brief regulatory filing, the company said it was cooperating with the SEC probe.
|
|
|
Oil prices settle above $55
Jan 26 2007 6:43PM (CT)
NEW YORK (AP) - Oil prices rose more than $1 to settle above $55 a barrel Friday on concerns that producers were complying with OPEC's production cuts and on expectations of continued blustery weather in the northeastern United States.
|
|
|
Video shows coke worker taking documents
Jan 26 2007 6:41PM (CT)
ATLANTA (AP) - A former Coca-Cola secretary charged with conspiring to steal trade secrets from the beverage giant was caught on surveillance cameras removing documents from her office last June, sometimes late into the evening.
|
|
|
Feds ban excessive railroad fuel fees
Jan 26 2007 6:37PM (CT)
WASHINGTON (AP) - Federal regulators on Friday banned excessive fuel surcharges by railroads and imposed strict rules on the fees that many companies this week credited with bolstering their quarterly earnings, though the savings were unlikely to trickle down to consumers.
|
|
|
GM, Ford at different stages of recovery
Jan 26 2007 6:17PM (CT)
DETROIT (AP) - GM says it will make money in the fourth quarter after nearly two years of dismal numbers. Ford posts the worst annual loss in its 103-year history.
|
|
|
AirTran posts 4Q loss
Jan 26 2007 6:17PM (CT)
ORLANDO, Fla. (AP) - AirTran Holdings Inc., which operates low-fare air carrier AirTran Airways and is bidding for the parent of Midwest Airlines, said Friday it swung to a loss of $3.3 million in the fourth quarter.
|
|
|
AirTran posts 4Q loss
Jan 26 2007 6:17PM (CT)
ORLANDO, Fla. (AP) - AirTran Holdings Inc., which operates low-fare air carrier AirTran Airways and is bidding for the parent of Midwest Airlines, said Friday it swung to a loss of $3.3 million in the fourth quarter.
|
|
|
SEC may sue Cardinal founder
Jan 26 2007 5:51PM (CT)
COLUMBUS, Ohio (AP) - Robert Walter, the founder of Cardinal Health Inc., may be sued by federal regulators over accounting issues with the health care products and services company that date back to 2003.
|
|
|
SEC may sue Cardinal founder
Jan 26 2007 5:51PM (CT)
COLUMBUS, Ohio (AP) - Robert Walter, the founder of Cardinal Health Inc., may be sued by federal regulators over accounting issues with the health care products and services company that date back to 2003.
|
|
|
Halliburton 4Q profit declines 40 pct
Jan 26 2007 5:49PM (CT)
HOUSTON (AP) - Oil industry services provider Halliburton Co. was upbeat Friday despite a 40 percent decline in fourth-quarter profit, citing heavy demand for its oilfield equipment and personnel and predicting more of the same for 2007.
|
|
|
Caterpillar 4Q profit rises
Jan 26 2007 5:47PM (CT)
PEORIA, Ill. (AP) - Heavy equipment maker Caterpillar Inc. said Friday that higher operating costs trimmed fourth-quarter profit growth to 4 percent, but predicted strong results for 2007 despite an expected slowdown in U.S. machine and engine sales.
|
|
|
Scalpers bring Super Bowl sales online
Jan 26 2007 12:56PM (CT)
MIAMI (AP) - Jeff Block is pensive about cashing in his life insurance policy, wistful about putting off his wedding engagement, fearful about making the big purchase.
|
|
|
Scalpers bring Super Bowl sales online
Jan 26 2007 12:56PM (CT)
MIAMI (AP) - Jeff Block is pensive about cashing in his life insurance policy, wistful about putting off his wedding engagement, fearful about making the big purchase.
|
|
|
Sales of new homes plummet in 2006
Jan 26 2007 10:43AM (CT)
WASHINGTON (AP) - Sales of new homes plunged in 2006 by the largest amount in 16 years as the nation's housing industry suffered through a sharp contraction after five boom years.
|
|
|
IMF chief: China must ease exchange rate
Jan 26 2007 9:33AM (CT)
BEIJING (AP) - China should ease exchange rate controls to let its currency depreciate and shift the basis of its growth to domestic consumer demand, the head of the International Monetary Fund said Friday.
|
|
|
Nasdaq says it won't raise offer for LSE
Jan 26 2007 9:11AM (CT)
LONDON (AP) - The Nasdaq Stock Market Inc. said Friday that it would not raise its offer to take over the London Stock Exchange ahead of the deadline this weekend.
|
|
|
EMI to merge Capitol and Virgin labels
Jan 26 2007 8:11AM (CT)
LONDON (AP) - Music company EMI Group PLC, home of The Beatles, The Rolling Stones and Coldplay, said it is merging its Capitol and Virgin labels in the United States to form the Capitol Music Group.
|
|
|
Calif. bans toxic dry-cleaning chemical
Jan 26 2007 8:06AM (CT)
SACRAMENTO, Calif. (AP) - By 2023, California will completely ban the most common chemical used by dry cleaners. Under the newly enacted ban, perchloroethylene is to be phased out starting next year. The state is still debating what the alternative will be. Dry cleaning businesses are upset.
|
|
|
Head of U.S. firm indicted in S. Korea
Jan 26 2007 8:06AM (CT)
SEOUL, South Korea (AP) - Prosecutors indicted the local head of a U.S. buyout fund Friday, part of a long-running probe that last year resulted in the cancellation of a multibillion dollar bank sale.
|
|
|
Toyota's vehicle production rises in '06
Jan 26 2007 8:01AM (CT)
TOKYO (AP) - Toyota's global production last year surged 10 percent to more than 9 million vehicles, narrowing the gap with General Motors, the world's No. 1 automaker.
|
|
|
BMW says sales rose 5 percent in 2006
Jan 26 2007 7:43AM (CT)
BERLIN (AP) - German automaker BMW AG said Friday 2006 sales rose 5 percent to 49 billion euros ($63.59 billion), beating analysts' forecasts.
|
|
|
Honeywell Q4 profit jumps 14 percent
Jan 26 2007 7:31AM (CT)
MORRIS TOWNSHIP, N.J. (AP) - Diversified high-tech manufacturer Honeywell International Inc. said Friday its fourth-quarter profit rose 14 percent, led by strong sales in its aerospace and automation businesses.
|
|
|
Regulators OK plan to slow tuna decline
Jan 26 2007 6:04AM (CT)
KOBE, Japan (AP) - International regulators adopted a plan Friday aimed at slowing the decline in global tuna stocks by reining in illegal fishing, controlling the growth of fleets and sharing data on stock assessments.
|
|
|
Regulators OK plan to slow tuna decline
Jan 26 2007 6:04AM (CT)
KOBE, Japan (AP) - International regulators adopted a plan Friday aimed at slowing the decline in global tuna stocks by reining in illegal fishing, controlling the growth of fleets and sharing data on stock assessments.
|
|
|
Regulators OK plan to slow tuna decline
Jan 26 2007 6:04AM (CT)
KOBE, Japan (AP) - International regulators adopted a plan Friday aimed at slowing the decline in global tuna stocks by reining in illegal fishing, controlling the growth of fleets and sharing data on stock assessments.
|
|
|
Japanese stocks lower; Dollar up vs. yen
Jan 26 2007 5:32AM (CT)
TOKYO (AP) - Japanese stocks dipped for a second day Friday in the wake of a drop overnight on Wall Street and weak Japanese consumer price data as investors sold technology, retail and banking stocks.
|
|
|
Japanese stocks lower; Dollar up vs. yen
Jan 26 2007 5:32AM (CT)
TOKYO (AP) - Japanese stocks dipped for a second day Friday in the wake of a drop overnight on Wall Street and weak Japanese consumer price data as investors sold technology, retail and banking stocks.
|
|
|
Hog farmers brace for high feed costs
Jan 26 2007 4:17AM (CT)
DES MOINES, Iowa (AP) - A soaring demand for corn used to produce ethanol has hog farmers bracing for higher feed prices that threaten to put some producers out of business.
|
|
|
L.A. says Delta's plan can't be approved
Jan 26 2007 3:21AM (CT)
ATLANTA (AP) - The city of Los Angeles said in a bankruptcy court filing Thursday that Delta Air Lines Inc.'s reorganization plan can't be approved because of undue authority it gives the company to reject certain leases.
|
|
|
Palestinians, Israelis to meet in Davos
Jan 26 2007 3:17AM (CT)
DAVOS, Switzerland (AP) - After reaching out to the Palestinian president in an emotional speech as he sat next to her at the World Economic Forum, Israeli Foreign Minister Tzipi Livni and Mahmoud Abbas were set to meet on the sidelines of the annual meeting Friday.
|
|
|
Storms punish Frontier with 3Q net loss
Jan 26 2007 2:45AM (CT)
DENVER (AP) - Back-to-back holiday storms that punished Frontier Airlines in December and pushed its third-quarter loss deeper have lingered into January, the company's chief executive says.
|
|
|
Storms punish Frontier with 3Q net loss
Jan 26 2007 2:45AM (CT)
DENVER (AP) - Back-to-back holiday storms that punished Frontier Airlines in December and pushed its third-quarter loss deeper have lingered into January, the company's chief executive says.
|
|
|
Storms punish Frontier with 3Q net loss
Jan 26 2007 2:45AM (CT)
DENVER (AP) - Back-to-back holiday storms that punished Frontier Airlines in December and pushed its third-quarter loss deeper have lingered into January, the company's chief executive says.
|
|
|
GM to delay 4Q earnings, restate results
Jan 26 2007 2:37AM (CT)
DETROIT (AP) - General Motors Corp. said Thursday it will make a net profit in the fourth quarter but will delay reporting 2006 financial results because of accounting errors and other issues.
|
|
|
Ford posts record loss of $12.7 billion
Jan 26 2007 1:00AM (CT)
DEARBORN, Mich. (AP) - Ford Motor Co. lost a staggering $12.7 billion in 2006, an average of $1,925 for every car and truck it sold and the worst loss in the company's 103-year-history.
|
|
|
Ford posts record loss of $12.7 billion
Jan 26 2007 1:00AM (CT)
DEARBORN, Mich. (AP) - Ford Motor Co. lost a staggering $12.7 billion in 2006, an average of $1,925 for every car and truck it sold and the worst loss in the company's 103-year-history.
|
|
|
Ford posts record loss of $12.7 billion
Jan 26 2007 1:00AM (CT)
DEARBORN, Mich. (AP) - Ford Motor Co. lost a staggering $12.7 billion in 2006, an average of $1,925 for every car and truck it sold and the worst loss in the company's 103-year-history.
|
|
|
Ford posts record loss of $12.7 billion
Jan 26 2007 1:00AM (CT)
DEARBORN, Mich. (AP) - Ford Motor Co. lost a staggering $12.7 billion in 2006, an average of $1,925 for every car and truck it sold and the worst loss in the company's 103-year-history.
|
|
|
Ford posts record loss of $12.7 billion
Jan 26 2007 1:00AM (CT)
DEARBORN, Mich. (AP) - Ford Motor Co. lost a staggering $12.7 billion in 2006, an average of $1,925 for every car and truck it sold and the worst loss in the company's 103-year-history.
|
|
|
Ford posts record loss of $12.7 billion
Jan 26 2007 1:00AM (CT)
DEARBORN, Mich. (AP) - Ford Motor Co. lost a staggering $12.7 billion in 2006, an average of $1,925 for every car and truck it sold and the worst loss in the company's 103-year-history.
|
|
|
Union Pacific 4Q earnings up 64 percent
Jan 26 2007 12:36AM (CT)
OMAHA, Neb. (AP) - Union Pacific Corp.'s 64 percent jump in fourth-quarter profit may have pleased investors, but it didn't definitively settle the question of which railroad is the nation's largest.
|
|
|
Union Pacific 4Q earnings up 64 percent
Jan 26 2007 12:36AM (CT)
OMAHA, Neb. (AP) - Union Pacific Corp.'s 64 percent jump in fourth-quarter profit may have pleased investors, but it didn't definitively settle the question of which railroad is the nation's largest.
|
|
|
|
|
|