Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance
|
|
|
|
|
|
Louis Vuitton sued over travel bags
Feb 2 2007 11:30PM (CT)
PITTSBURGH (AP) - A Pittsburgh novelty supplier and a Georgia retailer have sued Louis Vuitton Malletier, arguing the fabric bags they sell and distribute do not violate the French handbag maker's trademark.
|
|
|
Delta, American, United raise air fares
Feb 2 2007 10:47PM (CT)
DALLAS (AP) - Delta Air Lines Inc. raised domestic air fares by $5 each way late Thursday, and American Airlines, the nation's largest carrier, matched the increase on Friday. No. 2 carrier United Airlines also matched Delta's increase, United spokesman Jeff Kovick said late Friday.
|
|
|
Gannett 4Q earnings up 3 percent
Feb 2 2007 10:39PM (CT)
McLEAN, Va. (AP) - Gannett Co., the nation's largest newspaper publisher, said Friday its fourth-quarter earnings rose 3 percent, as record levels of political advertising on its broadcast outlets helped offset higher newspaper costs.
|
|
|
Global warming debate shifts to costs
Feb 2 2007 10:36PM (CT)
WASHINGTON (AP) - An international report giving greater certainty to global warming will shift the debate in Congress from what's causing climate change to the economics of who will pay to confront it.
|
|
|
Chevron 4Q profit drops 9 percent
Feb 2 2007 9:07PM (CT)
SAN RAMON, Calif. (AP) - Chevron Corp. pumped out its third consecutive year of record profits in 2006 despite a fourth-quarter stumble that demonstrated how quickly the oil industry can be tripped up by volatile energy prices largely out of its control.
|
|
|
Chevron 4Q profit drops 9 percent
Feb 2 2007 9:07PM (CT)
SAN RAMON, Calif. (AP) - Chevron Corp. pumped out its third consecutive year of record profits in 2006 despite a fourth-quarter stumble that demonstrated how quickly the oil industry can be tripped up by volatile energy prices largely out of its control.
|
|
|
Chevron 4Q profit drops 9 percent
Feb 2 2007 9:07PM (CT)
SAN RAMON, Calif. (AP) - Chevron Corp. pumped out its third consecutive year of record profits in 2006 despite a fourth-quarter stumble that demonstrated how quickly the oil industry can be tripped up by volatile energy prices largely out of its control.
|
|
|
Chevron 4Q profit drops 9 percent
Feb 2 2007 9:07PM (CT)
SAN RAMON, Calif. (AP) - Chevron Corp. pumped out its third consecutive year of record profits in 2006 despite a fourth-quarter stumble that demonstrated how quickly the oil industry can be tripped up by volatile energy prices largely out of its control.
|
|
|
Chevron 4Q profit drops 9 percent
Feb 2 2007 9:07PM (CT)
SAN RAMON, Calif. (AP) - Chevron Corp. pumped out its third consecutive year of record profits in 2006 despite a fourth-quarter stumble that demonstrated how quickly the oil industry can be tripped up by volatile energy prices largely out of its control.
|
|
|
Regulators close Pittsburgh bank
Feb 2 2007 7:15PM (CT)
WASHINGTON (AP) - Bank regulators have closed Metropolitan Savings Bank of Pittsburgh and approved the takeover of its insured deposits by another Pittsburgh bank, the Federal Deposit Insurance Corp. announced Friday.
|
|
|
Jury convicts ex-Coca-Cola secretary
Feb 2 2007 6:47PM (CT)
ATLANTA (AP) - A federal jury rejected a former Coca-Cola secretary's claim that she was duped by two ex-cons and convicted her Friday of conspiring to steal trade secrets from the world's largest beverage maker in an effort to sell them to rival Pepsi. Joya Williams faces up to 10 years in prison. No sentencing date was immediately set.
|
|
|
Maytag recall prompts deluge of calls
Feb 2 2007 6:45PM (CT)
DES MOINES, Iowa (AP) - The recall of 2.3 million Maytag dishwashers, which could catch on fire, generated so many calls to the company that it could not handle the volume, a U.S. Consumer Product Safety Commission spokesman said Friday.
|
|
|
Wendy's 4Q earnings plunge after spinoff
Feb 2 2007 6:44PM (CT)
DUBLIN, Ohio (AP) - A leaner Wendy's International Inc. said on Friday that earnings fell nearly 90 percent in the fourth quarter following the spinoff of its Tim Hortons coffee-and-doughnut chain. Its shares fell more than 2 percent.
|
|
|
Oil prices top $59 a barrel
Feb 2 2007 6:40PM (CT)
NEW YORK (AP) - Oil prices settled above $59 a barrel Friday, finishing the week at its highest close for 2007. Colder-than-normal weather in the U.S. and concerns over a second round of OPEC production cuts fueled the week's rally.
|
|
|
E.On boosts bid for Endesa to $53.4B
Feb 2 2007 6:38PM (CT)
FRANKFURT, Germany (AP) - Utility E.On AG said Friday it raised its offer for Spain's Endesa SA to $53.4 billion as it delivered its final bid in a more than year-long takeover saga.
|
|
|
Cancer vaccine faces cost hurdles
Feb 2 2007 5:32PM (CT)
TRENTON, N.J. (AP) - Girls jumping rope chant "one less, one less," in TV commercials for the new cervical cancer vaccine Gardasil, vowing they will be one less cancer patient.
|
|
|
U.S. files trade complaint against China
Feb 2 2007 5:16PM (CT)
WASHINGTON (AP) - The Bush administration filed a complaint with the World Trade Organization on Friday accusing China of providing companies with improper subsidies that hurt U.S. firms.
|
|
|
Delta amends reorganization plan again
Feb 2 2007 12:27PM (CT)
ATLANTA (AP) - Lawyers for Delta Air Lines Inc., the nation's third-largest carrier, said Friday in court papers that the company's creditors' committee has approved the terms of the $2.5 billion in financing that Delta has secured to emerge from bankruptcy protection.
|
|
|
NYSE swings to profit after acquisition
Feb 2 2007 11:37AM (CT)
NEW YORK (AP) - The New York Stock Exchange, the world's largest financial marketplace, on Friday said fourth-quarter results rose strongly as the Big Board benefited from its aggressive push into electronic stock trading.
|
|
|
NYSE swings to profit after acquisition
Feb 2 2007 11:37AM (CT)
NEW YORK (AP) - The New York Stock Exchange, the world's largest financial marketplace, on Friday said fourth-quarter results rose strongly as the Big Board benefited from its aggressive push into electronic stock trading.
|
|
|
Electronic Arts stock up on 4Q report
Feb 2 2007 10:50AM (CT)
SAN FRANCISCO (AP) - Shares of Electronic Arts Inc. rose more than 6 percent Friday, after adjusted fourth-quarter earnings exceeded Wall Street's expectations. But financial analysts wondered whether the world's biggest video game publisher was becoming overvalued.
|
|
|
Electronic Arts stock up on 4Q report
Feb 2 2007 10:50AM (CT)
SAN FRANCISCO (AP) - Shares of Electronic Arts Inc. rose more than 6 percent Friday, after adjusted fourth-quarter earnings exceeded Wall Street's expectations. But financial analysts wondered whether the world's biggest video game publisher was becoming overvalued.
|
|
|
SKorea, US to discuss beef imports
Feb 2 2007 10:21AM (CT)
SEOUL, South Korea (AP) - South Korea and the United States will hold talks next week to discuss Seoul's rejection of American beef shipments for containing banned bone fragments, the two governments said Friday.
|
|
|
SKorea, US to discuss beef imports
Feb 2 2007 10:21AM (CT)
SEOUL, South Korea (AP) - South Korea and the United States will hold talks next week to discuss Seoul's rejection of American beef shipments for containing banned bone fragments, the two governments said Friday.
|
|
|
Chevron 4Q profit drops 9 percent
Feb 2 2007 9:59AM (CT)
SAN RAMON, Calif. (AP) - Chevron Corp.'s fourth-quarter profit dropped by nine percent amid lower energy prices, but the nation's second largest oil company still ended up with its third consecutive year of record earnings.
|
|
|
Volvo 4Q profit rises 24 percent in 4Q
Feb 2 2007 9:49AM (CT)
STOCKHOLM, Sweden (AP) - Volvo AB posted a 24 percent increase in fourth-quarter profit Friday as sales growth stalled for the world's second biggest truckmaker, missing analysts forecasts.
|
|
|
Strike shuts down Harley-Davidson plant
Feb 2 2007 8:22AM (CT)
YORK, Pa. (AP) - Union workers began a strike Friday at Harley-Davidson Inc.'s largest manufacturing plant, with small groups quietly picketing each entrance of the York facility.
|
|
|
Ag Dept.: Farm bill will help in Calif.
Feb 2 2007 8:12AM (CT)
MODESTO, Calif. (AP) - A farm bill proposed earlier this week by the Bush administration would benefit California farmers by boosting federal spending on fruits, vegetables and the marketing of the state's crops overseas, the U.S. agriculture secretary said.
|
|
|
Ag Dept.: Farm bill will help in Calif.
Feb 2 2007 8:12AM (CT)
MODESTO, Calif. (AP) - A farm bill proposed earlier this week by the Bush administration would benefit California farmers by boosting federal spending on fruits, vegetables and the marketing of the state's crops overseas, the U.S. agriculture secretary said.
|
|
|
British Airways 3Q profit down 14 pct.
Feb 2 2007 7:12AM (CT)
LONDON (AP) - British Airways said Friday that third-quarter profit fell 14 percent as fuel costs rose and new security requirements cut into revenue.
|
|
|
British Airways 3Q profit down 14 pct.
Feb 2 2007 7:12AM (CT)
LONDON (AP) - British Airways said Friday that third-quarter profit fell 14 percent as fuel costs rose and new security requirements cut into revenue.
|
|
|
Group opens 'terror-free' gas station
Feb 2 2007 6:37AM (CT)
OMAHA, Neb. (AP) - Claiming U.S. dollars used to purchase gasoline made from Middle East oil funds terrorism, a group called the Terror-Free Oil Initiative opened the nation's first "terror-free" gas station.
|
|
|
Group opens 'terror-free' gas station
Feb 2 2007 6:37AM (CT)
OMAHA, Neb. (AP) - Claiming U.S. dollars used to purchase gasoline made from Middle East oil funds terrorism, a group called the Terror-Free Oil Initiative opened the nation's first "terror-free" gas station.
|
|
|
Group opens 'terror-free' gas station
Feb 2 2007 6:37AM (CT)
OMAHA, Neb. (AP) - Claiming U.S. dollars used to purchase gasoline made from Middle East oil funds terrorism, a group called the Terror-Free Oil Initiative opened the nation's first "terror-free" gas station.
|
|
|
Consortium courts Qantas shareholders
Feb 2 2007 5:05AM (CT)
SYDNEY, Australia (AP) - The investor group led by Macquarie Bank trying to buy Qantas Airways made its formal pitch to shareholders on Friday, urging them to accept their offer of 11.1 billion Australian dollars ($8.6 billion) and warning it would not be increased unless a rival emerges.
|
|
|
Japanese stocks climb; dollar up vs. yen
Feb 2 2007 5:03AM (CT)
TOKYO (AP) - Japanese stocks finished at their highest in nearly ten months Friday on optimism about growth in the U.S. economy, a key export market, and recovery in domestic real estate prices.
|
|
|
American Standard's breakup applauded
Feb 2 2007 5:01AM (CT)
NEWARK, N.J. (AP) - American Standard Cos. Inc. said Thursday it will sell its well-known plumbing fixture business and spin off a unit that makes auto braking systems, then rename the company Trane after its signature brand of air conditioning systems.
|
|
|
Amazon earnings fall due to tax expenses
Feb 2 2007 12:25AM (CT)
SEATTLE (AP) - Internet retailer Amazon.com Inc. offered more mixed results for investors, saying its fourth-quarter profits dropped by half as sales jumped 34 percent during the crucial holiday shopping season.
|
|
|
|
|
|