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Latest Business News Archives for February 23, 2008

South America gas crisis solution fails
Feb 23 2008 1:54PM (CT)
BUENOS AIRES, Argentina (AP) - The presidents of Argentina, Brazil and Bolivia failed to resolve a natural gas dispute Saturday, but agreed to study how to divide Bolivian supplies to avoid an energy crunch, an official said.
 
South America gas crisis solution fails
Feb 23 2008 1:54PM (CT)
BUENOS AIRES, Argentina (AP) - The presidents of Argentina, Brazil and Bolivia failed to resolve a natural gas dispute Saturday, but agreed to study how to divide Bolivian supplies to avoid an energy crunch, an official said.
 
Boeing tries to hold onto tanker deal
Feb 23 2008 6:01AM (CT)
WASHINGTON (AP) - The Air Force is likely days away from handing out one of the biggest Pentagon contracts in years _ a deal valued at up to $40 billion to replace 179 planes in its fleet of aerial refueling tankers.
 
Boeing tries to hold onto tanker deal
Feb 23 2008 6:01AM (CT)
WASHINGTON (AP) - The Air Force is likely days away from handing out one of the biggest Pentagon contracts in years _ a deal valued at up to $40 billion to replace 179 planes in its fleet of aerial refueling tankers.
 
Beef recall affects trade negotiations
Feb 23 2008 4:47AM (CT)
MONTEREY, Calif. (AP) - U.S. Agriculture Secretary Ed Schafer said Friday he wants to wait to see the results of an investigation into the nation's largest beef recall before making any policy changes, but he acknowledged that the debacle has delayed negotiations to ship U.S. beef to Japan and South Korea.
 
Legal move pushes GM retiree plan ahead
Feb 23 2008 4:27AM (CT)
DETROIT (AP) - The United Auto Workers and General Motors Corp. have taken a big legal step toward shifting billions in retiree health care costs from the automaker to an independent trust fund.
 
Some Napa vintners pump up the alcohol
Feb 23 2008 4:22AM (CT)
SEBASTOPOL, Calif. (AP) - California's big reds are coming on strong these days as winemakers pursue riper, fuller-flavored fruit.
 
Time Warner to cut more magazine jobs
Feb 23 2008 4:17AM (CT)
NEW YORK (AP) - Time Warner Inc. said in its annual regulatory filing Friday that it expects to cut more jobs in its magazine publishing division in the first quarter, resulting in $10 million to $20 million in expenses.
 
Company gets rich on college fight songs
Feb 23 2008 4:13AM (CT)
TUSCALOOSA, Ala. (AP) - Alabama football fans can buy pens, ties, video games, phones and socks that play the Crimson Tide's fight song, and a New York company is humming the tune all the way to the bank.
 
Surge in gas prices could be short-lived
Feb 23 2008 4:04AM (CT)
NEW YORK (AP) - Gas prices jumped Friday to their highest level since June, a possible preview of what many analysts believe will be a record spike in pump prices this spring.
 
Pilot seniority muddles Delta-Northwest
Feb 23 2008 4:02AM (CT)
ATLANTA (AP) - Not too long ago, Delta Air Lines Inc. and Northwest Airlines Corp. seemed all but certain to announce a combination soon. That still could happen in the next few days, but an impasse over seniority involving the pilots unions has jeopardized a deal, raising the question of what happens if Delta or Northwest walks away.
 
Pilot seniority muddles Delta-Northwest
Feb 23 2008 4:02AM (CT)
ATLANTA (AP) - Not too long ago, Delta Air Lines Inc. and Northwest Airlines Corp. seemed all but certain to announce a combination soon. That still could happen in the next few days, but an impasse over seniority involving the pilots unions has jeopardized a deal, raising the question of what happens if Delta or Northwest walks away.
 
Pilot seniority muddles Delta-Northwest
Feb 23 2008 4:02AM (CT)
ATLANTA (AP) - Not too long ago, Delta Air Lines Inc. and Northwest Airlines Corp. seemed all but certain to announce a combination soon. That still could happen in the next few days, but an impasse over seniority involving the pilots unions has jeopardized a deal, raising the question of what happens if Delta or Northwest walks away.
 
Big Reds: Napa vintners pump up alcohol
Feb 23 2008 12:29AM (CT)
SEBASTOPOL, Calif. (AP) - California's big reds are coming on strong these days as winemakers pursue riper, fuller-flavored fruit.
 
Indian business empire eyes global role
Feb 23 2008 12:28AM (CT)
MUMBAI, India (AP) - A dozen years ago, many believed that India's Tata Group _ the country's oldest and largest conglomerate _ was a bloated behemoth that would eventually go under.
 
Indian business empire eyes global role
Feb 23 2008 12:28AM (CT)
MUMBAI, India (AP) - A dozen years ago, many believed that India's Tata Group _ the country's oldest and largest conglomerate _ was a bloated behemoth that would eventually go under.
 
   

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