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Crude oil prices drop below $58 a barrel
Feb 15 2007 11:58PM (CT)
SINGAPORE (AP) - Crude oil prices dipped Friday on forecasts for warmer weather in the U.S. Northeast, the world's largest heating oil market.
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Ga.'s largest newspaper offers buyouts
Feb 15 2007 11:32PM (CT)
ATLANTA, Ga. (AP) - The Atlanta Journal-Constitution, Georgia's largest newspaper, said Thursday it is offering buyouts to up to 80 newsroom employees and plans to revamp its operations, including cutting its circulation area and focusing more on digital news.
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Wyeth wins hormone replacement trial
Feb 15 2007 11:00PM (CT)
LITTLE ROCK, Ark. (AP) - A federal jury ruled for Wyeth Pharmaceuticals on Thursday in the latest lawsuit claiming that the company's hormone replacement drugs cause breast cancer.
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Chrysler cuts to affect 8 more plants
Feb 15 2007 10:53PM (CT)
DETROIT (AP) - The fallout from Chrysler's big downsizing announcement will hit eight factories in addition to the three initially identified by the company.
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Cable to expand Cuba's internet capacity
Feb 15 2007 10:31PM (CT)
HAVANA (AP) - A new undersea fiber-optic cable from Cuba to Venezuela should be finished within two years, a Venezuelan communications official said Thursday, dramatically expanding Cuba's internet and telephone capacity.
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Hershey plans to cut work force by 1,500
Feb 15 2007 10:30PM (CT)
HARRISBURG, Pa. (AP) - The Hershey Co., whose name has been synonymous with U.S. candymaking for more than a century, is moving a bigger chunk of its production to Mexico.
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Hershey plans to cut work force by 1,500
Feb 15 2007 10:30PM (CT)
HARRISBURG, Pa. (AP) - The Hershey Co., whose name has been synonymous with U.S. candymaking for more than a century, is moving a bigger chunk of its production to Mexico.
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Hershey plans to cut work force by 1,500
Feb 15 2007 10:30PM (CT)
HARRISBURG, Pa. (AP) - The Hershey Co., whose name has been synonymous with U.S. candymaking for more than a century, is moving a bigger chunk of its production to Mexico.
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Judge rules against auto insurers
Feb 15 2007 10:29PM (CT)
SACRAMENTO, Calif. (AP) - Siding with consumer groups and state regulators, a state judge on Thursday threw out a lawsuit that challenged rules requiring auto insurers to base their rates primarily on drivers' records instead of where they live.
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Judge rules against auto insurers
Feb 15 2007 10:29PM (CT)
SACRAMENTO, Calif. (AP) - Siding with consumer groups and state regulators, a state judge on Thursday threw out a lawsuit that challenged rules requiring auto insurers to base their rates primarily on drivers' records instead of where they live.
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Chavez: New currency to be introduced
Feb 15 2007 10:23PM (CT)
CARACAS, Venezuela (AP) - President Hugo Chavez announced Thursday that a new currency will be introduced into Venezuela next year in order to combat inflation.
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Japanese stocks fall on profit taking
Feb 15 2007 10:16PM (CT)
TOKYO (AP) - Japanese stocks fell on the open Friday as investors locked in profits following a five-session rallying streak. The dollar was higher against the yen.
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Job search site exec pleads guilty
Feb 15 2007 6:45PM (CT)
NEW YORK (AP) - A former top executive of the company that runs the Monster job search Web site admitted in court Thursday that he illegally backdated millions of dollars in employee stock option grants _ a practice that cheats shareholders.
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Northwest projects its will be worth $7B
Feb 15 2007 6:45PM (CT)
MINNEAPOLIS (AP) - Northwest Airlines on Thursday laid out its plan to emerge from bankruptcy with a value of some $7 billion and profits through 2010, although fuel prices and shareholders will have the final say.
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Wal-Mart continues to shuffle executives
Feb 15 2007 6:42PM (CT)
BENTONVILLE, Ark. (AP) - Wal-Mart Stores Inc. continued its shuffling among merchandising and marketing executives, announcing on Thursday that it will promote the top executive from its online subsidiary to head of domestic business strategy.
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Housing sales drop in 40 states
Feb 15 2007 6:29PM (CT)
WASHINGTON (AP) - The slump in housing deepened in the final three months of last year with sales falling in 40 states and median home prices dropping in nearly half the metropolitan areas surveyed.
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Fed Chairman challenged on inflation
Feb 15 2007 6:29PM (CT)
WASHINGTON (AP) - The chairman of the House Financial Services Committee took aim Thursday at the Federal Reserve's belief that inflation rather than slow growth poses the greatest risk to the economy.
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FDA approves laser to treat baldness
Feb 15 2007 6:18PM (CT)
WASHINGTON (AP) - Drawing this special comb over a balding pate could restore some real hair _ according to a Florida company.
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Volkswagen pulls controversial TV ad
Feb 15 2007 4:25PM (CT)
WASHINGTON (AP) - Volkswagen AG said Thursday it had pulled an ad depicting a distraught man standing on the ledge of a tall building after suicide prevention groups said they were concerned about its message.
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Katrina suit dropped against Allstate
Feb 15 2007 2:36PM (CT)
NEW ORLEANS (AP) - A husband and wife who sued Allstate Indemnity Co. over Hurricane Katrina damages abruptly dropped their lawsuit that had claimed the insurance company underpaid them and acted in bad faith in handling their claims.
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Hallmark releases new line of cards
Feb 15 2007 2:36PM (CT)
KANSAS CITY, Mo. (AP) - Buying a greeting card for someone's birthday, anniversary or if they're feeling under the weather is pretty straightforward. But what if they're undergoing chemotherapy or struggling with depression? "Get Well Soon" probably won't cut it.
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Hallmark releases new line of cards
Feb 15 2007 2:36PM (CT)
KANSAS CITY, Mo. (AP) - Buying a greeting card for someone's birthday, anniversary or if they're feeling under the weather is pretty straightforward. But what if they're undergoing chemotherapy or struggling with depression? "Get Well Soon" probably won't cut it.
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Molson Coors 4Q profit increases
Feb 15 2007 11:41AM (CT)
DENVER (AP) - Molson Coors Brewing Co., one of the world's biggest beer companies, said Thursday its fourth-quarter profit soared on increased sales volume, a lower tax rate and cost savings.
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Molson Coors 4Q profit increases
Feb 15 2007 11:41AM (CT)
DENVER (AP) - Molson Coors Brewing Co., one of the world's biggest beer companies, said Thursday its fourth-quarter profit soared on increased sales volume, a lower tax rate and cost savings.
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Smithfield Foods expects lower 3Q profit
Feb 15 2007 11:28AM (CT)
RICHMOND, Va. (AP) - Smithfield Foods Inc., the world's largest pork producer, said Thursday that it expects to report a decline in its fiscal third-quarter profit compared with a year ago on a drop in hog production earnings.
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Vonage narrows 4Q loss to $65 million
Feb 15 2007 11:23AM (CT)
NEW YORK (AP) - Internet phone company Vonage Holdings Corp. narrowed its fourth-quarter loss to $65 million as revenue nearly doubled with the addition of nearly 1 million customers during 2006.
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Biogen Idec 4Q profit doubles
Feb 15 2007 10:48AM (CT)
BOSTON (AP) - Biogen Idec Inc.'s fourth-quarter profit nearly doubled on growing sales of treatments for cancer and multiple sclerosis, and the biotechnology company on Thursday offered a positive outlook for a new MS drug pulled from the market two years ago after patient deaths.
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Biogen Idec 4Q profit doubles
Feb 15 2007 10:48AM (CT)
BOSTON (AP) - Biogen Idec Inc.'s fourth-quarter profit nearly doubled on growing sales of treatments for cancer and multiple sclerosis, and the biotechnology company on Thursday offered a positive outlook for a new MS drug pulled from the market two years ago after patient deaths.
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U.S. Mint rolls out new dollar coin
Feb 15 2007 9:44AM (CT)
NEW YORK (AP) - The newest $1 coin, bearing the likeness of George Washington, was rolled out Thursday, with the U.S. Mint hoping Americans will want to buy George.
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U.S. Mint rolls out new dollar coin
Feb 15 2007 9:44AM (CT)
NEW YORK (AP) - The newest $1 coin, bearing the likeness of George Washington, was rolled out Thursday, with the U.S. Mint hoping Americans will want to buy George.
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Baidu.com sees 4Q earnings grow fivefold
Feb 15 2007 7:01AM (CT)
SHANGHAI, China (AP) - China's leading Internet search engine, Baidu.com Inc., reported a fivefold increase in fourth quarter net income as online marketing revenue more than doubled.
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Le-Nature's suitors surface in documents
Feb 15 2007 5:51AM (CT)
PITTSBURGH (AP) - Supermarket chain Giant Eagle Inc. and beverage manufacturer Cadbury Schweppes PLC are two potential buyers of the Le-Nature's Inc. bottling plant in Latrobe, according to bankruptcy documents filed this week.
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Le-Nature's suitors surface in documents
Feb 15 2007 5:51AM (CT)
PITTSBURGH (AP) - Supermarket chain Giant Eagle Inc. and beverage manufacturer Cadbury Schweppes PLC are two potential buyers of the Le-Nature's Inc. bottling plant in Latrobe, according to bankruptcy documents filed this week.
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Dollar falls to 1-month low vs yen
Feb 15 2007 5:32AM (CT)
TOKYO (AP) - The dollar fell to a one-month low against the yen in Asia Thursday on figures that showed Japan's economy grew more than expected in the fourth quarter.
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Kan. farmers enjoy new purchase power
Feb 15 2007 4:19AM (CT)
LEOTI, Kan. (AP) - When the spring planting season arrives, Vance Ehmke will toil in his wheat fields in the comfort of a new John Deere 8330 tractor.
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Kan. farmers enjoy new purchase power
Feb 15 2007 4:19AM (CT)
LEOTI, Kan. (AP) - When the spring planting season arrives, Vance Ehmke will toil in his wheat fields in the comfort of a new John Deere 8330 tractor.
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Kan. farmers enjoy new purchase power
Feb 15 2007 4:19AM (CT)
LEOTI, Kan. (AP) - When the spring planting season arrives, Vance Ehmke will toil in his wheat fields in the comfort of a new John Deere 8330 tractor.
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Chrysler cutting 13,000 jobs
Feb 15 2007 2:28AM (CT)
AUBURN HILLS, Mich. (AP) - The next step for Chrysler in its quest to shed 13,000 workers and shrink its factory capacity is talks with the United Auto Workers union, where relations already are a bit strained.
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Chrysler cutting 13,000 jobs
Feb 15 2007 2:28AM (CT)
AUBURN HILLS, Mich. (AP) - The next step for Chrysler in its quest to shed 13,000 workers and shrink its factory capacity is talks with the United Auto Workers union, where relations already are a bit strained.
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Chrysler cutting 13,000 jobs
Feb 15 2007 2:28AM (CT)
AUBURN HILLS, Mich. (AP) - The next step for Chrysler in its quest to shed 13,000 workers and shrink its factory capacity is talks with the United Auto Workers union, where relations already are a bit strained.
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Chrysler cutting 13,000 jobs
Feb 15 2007 2:28AM (CT)
AUBURN HILLS, Mich. (AP) - The next step for Chrysler in its quest to shed 13,000 workers and shrink its factory capacity is talks with the United Auto Workers union, where relations already are a bit strained.
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Chrysler cutting 13,000 jobs
Feb 15 2007 2:28AM (CT)
AUBURN HILLS, Mich. (AP) - The next step for Chrysler in its quest to shed 13,000 workers and shrink its factory capacity is talks with the United Auto Workers union, where relations already are a bit strained.
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Chrysler cutting 13,000 jobs
Feb 15 2007 2:28AM (CT)
AUBURN HILLS, Mich. (AP) - The next step for Chrysler in its quest to shed 13,000 workers and shrink its factory capacity is talks with the United Auto Workers union, where relations already are a bit strained.
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Chrysler cutting 13,000 jobs
Feb 15 2007 2:28AM (CT)
AUBURN HILLS, Mich. (AP) - The next step for Chrysler in its quest to shed 13,000 workers and shrink its factory capacity is talks with the United Auto Workers union, where relations already are a bit strained.
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Generic biotech drugs could save $71B
Feb 15 2007 12:06AM (CT)
NEW YORK (AP) - Patients and health insurance providers could save at least $71 billion over 10 years if there was a regulatory mechanism that allowed for the marketing of generic biotech medicines, according to a study being released Thursday.
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