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Home Depot gives group a board seat
Feb 5 2007 11:01PM (CT)
ATLANTA (AP) - The Home Depot Inc. said Monday it is giving a seat on its board to an investment group that wants the company to consider, among other things, a leveraged buyout as a way to generate shareholder value.
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Oil prices rise near $59 a barrel
Feb 5 2007 10:48PM (CT)
SINGAPORE (AP) - Oil prices rose in Asian trading Tuesday, bolstered by expectations that heating fuel demand would jump as arctic weather blasted through parts of the United States, the world's top energy consumer.
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Japanese stocks rise on bargain hunting
Feb 5 2007 10:06PM (CT)
TOKYO (AP) - Japanese stocks rose Tuesday morning, buoyed by bargain-hunting in export-oriented shares. The dollar was lower against the yen.
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Triad Hospitals agrees to go private
Feb 5 2007 6:52PM (CT)
PLANO, Texas (AP) - Triad Hospitals Inc. said Monday it agreed to be taken private in a $4.7 billion sale to an affiliate of Goldman Sachs and a JPMorgan Chase & Co. spinoff.
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Triad Hospitals agrees to go private
Feb 5 2007 6:52PM (CT)
PLANO, Texas (AP) - Triad Hospitals Inc. said Monday it agreed to be taken private in a $4.7 billion sale to an affiliate of Goldman Sachs and a JPMorgan Chase & Co. spinoff.
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Sears plans appeal of bond verdict
Feb 5 2007 6:29PM (CT)
DALLAS (AP) - Sears Holdings Corp. said Monday it would appeal a jury verdict ordering the retailer to pay bondholders about $73.5 million in a case stemming from Sears' redemption of bonds after it sold a credit-card business.
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PepsiCo names Nooyi as chairwoman
Feb 5 2007 6:28PM (CT)
NEW YORK (AP) - PepsiCo Inc. said Monday that Chief Executive Indra K. Nooyi will assume the additional title of chairwoman of the soft drink and snack food company. As its CEO, she was already one of the highest ranked women leaders in corporate America.
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Debit cards spurs slide in check writing
Feb 5 2007 6:28PM (CT)
OMAHA, Neb. (AP) - Richard Kesterson slid his debit card out of his wallet even before the cashier at a Hy-Vee grocery store in west Omaha rang up his total.
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Debit cards spurs slide in check writing
Feb 5 2007 6:28PM (CT)
OMAHA, Neb. (AP) - Richard Kesterson slid his debit card out of his wallet even before the cashier at a Hy-Vee grocery store in west Omaha rang up his total.
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Lear gets offer from Icahn affiliate
Feb 5 2007 6:20PM (CT)
DETROIT (AP) - Already Lear Corp.'s largest shareholder, billionaire investor Carl Icahn's latest overture could be a bid to own the entire automotive supplier. Or it could be the catalyst for competing offers, analysts say.
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U.S. service sector growth accelerates
Feb 5 2007 6:19PM (CT)
NEW YORK (AP) - Weakness in the manufacturing sector, especially the auto industry, may be dampening the nation's economic prospects, but the bigger services sector appears to be more than making up for it.
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State Street to buy IFS for $4.18B stock
Feb 5 2007 6:18PM (CT)
BOSTON (AP) - State Street Corp. said Monday it will buy Investors Financial Services Corp. for $4.18 billion in stock to expand into providing institutional asset services for the fast-growing hedge fund industry and funds managed overseas.
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Simon Property, Farallon make Mills bid
Feb 5 2007 5:02PM (CT)
INDIANAPOLIS (AP) - Simon Property Group Inc. and Farallon Capital Management LLC said Monday they are offering $24 per share in cash, or more than $1.6 billion, for mega-mall developer Mills Corp., topping a previous $1.35 billion deal from Canadian investor Brookfield Asset Management.
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Hyundai chief convicted on all charges
Feb 5 2007 11:13AM (CT)
SEOUL, South Korea (AP) - Hyundai Motor Co. Chairman Chung Mong-koo, handed a surprise three-year jail term for high-profile corruption, won't be donning prison garb anytime soon and for now remains in control of the troubled, yet expanding automaker.
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Humana 4Q earnings soar to $155 million
Feb 5 2007 9:54AM (CT)
LOUISVILLE, Ky. (AP) - Health insurer Humana Inc. said Monday its fourth-quarter profit more than doubled on the strength of its burgeoning Medicare business, capping a record year in revenue, profit and medical membership. Buoyed by the momentum, the company raised its earnings projections for 2007.
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Khodorkovsky faces new charges in Russia
Feb 5 2007 9:35AM (CT)
MOSCOW (AP) - Prosecutors filed new charges Monday against the jailed Russian oil tycoon Mikhail Khodorkovsky and his business partner in an apparent move to head off any political threat from the nation's once-richest man before parliamentary and presidential elections.
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Khodorkovsky faces new charges in Russia
Feb 5 2007 9:35AM (CT)
MOSCOW (AP) - Prosecutors filed new charges Monday against the jailed Russian oil tycoon Mikhail Khodorkovsky and his business partner in an apparent move to head off any political threat from the nation's once-richest man before parliamentary and presidential elections.
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Khodorkovsky faces new charges in Russia
Feb 5 2007 9:35AM (CT)
MOSCOW (AP) - Prosecutors filed new charges Monday against the jailed Russian oil tycoon Mikhail Khodorkovsky and his business partner in an apparent move to head off any political threat from the nation's once-richest man before parliamentary and presidential elections.
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Apple, Beatles settle trademark suit
Feb 5 2007 9:11AM (CT)
CUPERTINO, Calif. (AP) - IPod maker Apple said Monday it settled long-simmering trademark issues with The Beatles' Apple Corps Ltd. company about the use of the name "Apple" and apple logos.
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Tunnel farming gains popularity in U.S.
Feb 5 2007 6:33AM (CT)
DAYTON, Ohio (AP) - They look like greenhouses _ hut-like structures swathed in plastic that serve as cocoons for growing tomatoes, lettuce, peppers, carrots, strawberries and bushels of other fruits and vegetables. Called high tunnels, the buildings are popping up in Ohio fields and around the country as farmers try their hand at tunnel farming.
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Tunnel farming gains popularity in U.S.
Feb 5 2007 6:33AM (CT)
DAYTON, Ohio (AP) - They look like greenhouses _ hut-like structures swathed in plastic that serve as cocoons for growing tomatoes, lettuce, peppers, carrots, strawberries and bushels of other fruits and vegetables. Called high tunnels, the buildings are popping up in Ohio fields and around the country as farmers try their hand at tunnel farming.
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Tunnel farming gains popularity in U.S.
Feb 5 2007 6:33AM (CT)
DAYTON, Ohio (AP) - They look like greenhouses _ hut-like structures swathed in plastic that serve as cocoons for growing tomatoes, lettuce, peppers, carrots, strawberries and bushels of other fruits and vegetables. Called high tunnels, the buildings are popping up in Ohio fields and around the country as farmers try their hand at tunnel farming.
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Amateur ads follow Super Bowl tradition
Feb 5 2007 6:15AM (CT)
NEW YORK (AP) - Along with the trademark Clydesdales, talking animals and high-end computer graphics, there was a new entry this year in the annual showdown of advertisers in the Super Bowl: amateurs.
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Amateur ads follow Super Bowl tradition
Feb 5 2007 6:15AM (CT)
NEW YORK (AP) - Along with the trademark Clydesdales, talking animals and high-end computer graphics, there was a new entry this year in the annual showdown of advertisers in the Super Bowl: amateurs.
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Amateur ads follow Super Bowl tradition
Feb 5 2007 6:15AM (CT)
NEW YORK (AP) - Along with the trademark Clydesdales, talking animals and high-end computer graphics, there was a new entry this year in the annual showdown of advertisers in the Super Bowl: amateurs.
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Amateur ads follow Super Bowl tradition
Feb 5 2007 6:15AM (CT)
NEW YORK (AP) - Along with the trademark Clydesdales, talking animals and high-end computer graphics, there was a new entry this year in the annual showdown of advertisers in the Super Bowl: amateurs.
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Amateur ads follow Super Bowl tradition
Feb 5 2007 6:15AM (CT)
NEW YORK (AP) - Along with the trademark Clydesdales, talking animals and high-end computer graphics, there was a new entry this year in the annual showdown of advertisers in the Super Bowl: amateurs.
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Dell e-mail details corporate reforms
Feb 5 2007 6:14AM (CT)
DALLAS (AP) - In a memo to Dell Inc. employees days after returning as chief executive officer, Michael Dell said the beleaguered computer maker is quashing bonuses for 2006 and reducing managers to help cut costs and steer the company back toward dominance.
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Paper denies representing Falun Gong
Feb 5 2007 3:58AM (CT)
NEW YORK (AP) - In early January, a U.S. edition of The Epoch Times published a list of what its editors considered the Top 10 news stories of 2006. Not surprisingly, the war in Iraq was first. The second story, however, was less predictable: "China's Human Rights Movement Grows."
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Ford vehicles do well in crash tests
Feb 5 2007 12:31AM (CT)
WASHINGTON (AP) - The 2007 Ford Fusion midsize sedan and the 2007 Ford Edge sport utility vehicle received top scores in front- and side-impact crash testing by the insurance industry.
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Grocery workers prepare for labor talks
Feb 5 2007 12:23AM (CT)
LOS ANGELES (AP) - The last time Southern California's largest supermarket chains battled with their employees' union over a labor contract, the dispute escalated into a strike-lockout that dragged on for nearly five months. With little more than a month to go on the current deal, a new slate of negotiations could produce another brawl over health care benefits and a two-tiered wage system _ the same contract issues the union begrudgingly agreed to three years ago.
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Wall Street to get another earnings rush
Feb 5 2007 12:11AM (CT)
NEW YORK (AP) - The uncertainty that has at times waylaid Wall Street in the new year might be less of a factor in the coming week now that investors have been placated by generally good corporate earnings and upbeat comments from the Federal Reserve.
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Consumers still worried about E. coli
Feb 5 2007 12:10AM (CT)
NEW BRUNSWICK, N.J. (AP) - September's national spinach recall has shaken consumer confidence in the safety of leafy green vegetables, according to a new national survey.
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