Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance
|
|
|
|
|
|
Qantas caves in to takeover bid waverers
Mar 14 2007 11:58PM (CT)
SYDNEY, Australia (AP) - Australia's national carrier Qantas on Thursday caved in to demands by stakeholders who have the potential to block a 11.1 billion Australian dollar ($8.6 billion) takeover bid and released a profit forecast for the next fiscal year.
|
|
|
Lehman Brothers 1Q profit up 5.6 pct.
Mar 14 2007 11:56PM (CT)
NEW YORK (AP) - Lehman Brothers Holdings Inc., the No. 4 U.S. investment house, said Wednesday robust trading and overseas expansion drove its first-quarter profit up 5.6 percent, matching Wall Street expectations.
|
|
|
Oil prices climb in Asian trading
Mar 14 2007 11:49PM (CT)
SINGAPORE (AP) - Oil prices gained Thursday on figures showing that supplies of U.S. gasoline and other refined products fell in the most recent week, and ahead of an OPEC meeting later in the day.
|
|
|
US Airways workers protest negotiations
Mar 14 2007 11:42PM (CT)
TEMPE, Ariz. (AP) - Six weeks after its bid for Delta Air Lines collapsed, US Airways President Scott Kirby says the company's top priority in 2007 would be to settle its union labor contracts and finish combining operations with America West Airlines.
|
|
|
US Airways workers protest negotiations
Mar 14 2007 11:42PM (CT)
TEMPE, Ariz. (AP) - Six weeks after its bid for Delta Air Lines collapsed, US Airways President Scott Kirby says the company's top priority in 2007 would be to settle its union labor contracts and finish combining operations with America West Airlines.
|
|
|
US Airways workers protest negotiations
Mar 14 2007 11:42PM (CT)
TEMPE, Ariz. (AP) - Six weeks after its bid for Delta Air Lines collapsed, US Airways President Scott Kirby says the company's top priority in 2007 would be to settle its union labor contracts and finish combining operations with America West Airlines.
|
|
|
US Airways workers protest negotiations
Mar 14 2007 11:42PM (CT)
TEMPE, Ariz. (AP) - Six weeks after its bid for Delta Air Lines collapsed, US Airways President Scott Kirby says the company's top priority in 2007 would be to settle its union labor contracts and finish combining operations with America West Airlines.
|
|
|
US Airways workers protest negotiations
Mar 14 2007 11:42PM (CT)
TEMPE, Ariz. (AP) - Six weeks after its bid for Delta Air Lines collapsed, US Airways President Scott Kirby says the company's top priority in 2007 would be to settle its union labor contracts and finish combining operations with America West Airlines.
|
|
|
Judge drops charges against HP's Dunn
Mar 14 2007 11:37PM (CT)
SAN JOSE, Calif. (AP) - California's criminal case surrounding Hewlett-Packard Co.'s ill-fated boardroom spying scandal has all but evaporated, although the four defendants still aren't off the hook with federal prosecutors.
|
|
|
Judge drops charges against HP's Dunn
Mar 14 2007 11:37PM (CT)
SAN JOSE, Calif. (AP) - California's criminal case surrounding Hewlett-Packard Co.'s ill-fated boardroom spying scandal has all but evaporated, although the four defendants still aren't off the hook with federal prosecutors.
|
|
|
Judge drops charges against HP's Dunn
Mar 14 2007 11:37PM (CT)
SAN JOSE, Calif. (AP) - California's criminal case surrounding Hewlett-Packard Co.'s ill-fated boardroom spying scandal has all but evaporated, although the four defendants still aren't off the hook with federal prosecutors.
|
|
|
Judge drops charges against HP's Dunn
Mar 14 2007 11:37PM (CT)
SAN JOSE, Calif. (AP) - California's criminal case surrounding Hewlett-Packard Co.'s ill-fated boardroom spying scandal has all but evaporated, although the four defendants still aren't off the hook with federal prosecutors.
|
|
|
U.S. Patent Office offers faster reviews
Mar 14 2007 11:09PM (CT)
WASHINGTON (AP) - Plagued by a backlog of applications, the U.S. Patent and Trademark Office now guarantees speedier reviews for companies willing to do some extra work up front. But the express service, which on Thursday yielded Brother International Corp. a patent on a printer cartridge in less than six months, is being criticized by some patent attorneys who say it could do more harm than good.
|
|
|
Deal ends steel dispute in Ohio
Mar 14 2007 5:57PM (CT)
CINCINNATI (AP) - Union workers at AK Steel Holding Corp.'s Middletown Works overwhelmingly approved a contract offer Wednesday to end a nearly 13-month-old lockout.
|
|
|
GM swings to 4Q profit on cost cuts
Mar 14 2007 5:53PM (CT)
DETROIT (AP) - General Motors Corp. accomplished something in the fourth quarter of 2006 that domestic automakers have been unable to do for some time: it reported a profit. Now comes the hard part _ repeating that success. The company's chief financial officer stopped short of promising it this year, but he did pledge continued improvement over last year's numbers.
|
|
|
GM swings to 4Q profit on cost cuts
Mar 14 2007 5:53PM (CT)
DETROIT (AP) - General Motors Corp. accomplished something in the fourth quarter of 2006 that domestic automakers have been unable to do for some time: it reported a profit. Now comes the hard part _ repeating that success. The company's chief financial officer stopped short of promising it this year, but he did pledge continued improvement over last year's numbers.
|
|
|
Chiquita charged in terror investigation
Mar 14 2007 5:00PM (CT)
WASHINGTON (AP) - Banana company Chiquita Brands International said Wednesday it has agreed to a $25 million fine and admit paying a Colombian terrorist group for protection in a volatile farming part of the country.
|
|
|
Study: Coal industry faces bleak future
Mar 14 2007 4:58PM (CT)
WASHINGTON (AP) - The coal industry faces a bleak future unless ways are developed on a commercial scale to capture and store carbon dioxide in the campaign against global warming, according to a study released Wednesday.
|
|
|
OPEC satisfied with oil prices
Mar 14 2007 3:18PM (CT)
VIENNA, Austria (AP) - OPEC ministers on Wednesday spoke out against pumping more crude into world markets, suggesting they favored present levels _ and prices _ despite jittery stock markets and concerns about the health of the global economy.
|
|
|
OPEC satisfied with oil prices
Mar 14 2007 3:18PM (CT)
VIENNA, Austria (AP) - OPEC ministers on Wednesday spoke out against pumping more crude into world markets, suggesting they favored present levels _ and prices _ despite jittery stock markets and concerns about the health of the global economy.
|
|
|
OPEC satisfied with oil prices
Mar 14 2007 3:18PM (CT)
VIENNA, Austria (AP) - OPEC ministers on Wednesday spoke out against pumping more crude into world markets, suggesting they favored present levels _ and prices _ despite jittery stock markets and concerns about the health of the global economy.
|
|
|
OPEC satisfied with oil prices
Mar 14 2007 3:18PM (CT)
VIENNA, Austria (AP) - OPEC ministers on Wednesday spoke out against pumping more crude into world markets, suggesting they favored present levels _ and prices _ despite jittery stock markets and concerns about the health of the global economy.
|
|
|
OPEC satisfied with oil prices
Mar 14 2007 3:18PM (CT)
VIENNA, Austria (AP) - OPEC ministers on Wednesday spoke out against pumping more crude into world markets, suggesting they favored present levels _ and prices _ despite jittery stock markets and concerns about the health of the global economy.
|
|
|
Shareholders OK Freeport-Phelps deal
Mar 14 2007 3:01PM (CT)
NEW ORLEANS (AP) - Freeport-McMoRan Copper & Gold Inc.'s $25.9 billion cash-and-stock acquisition of rival Phelps Dodge Corp. was approved Wednesday by shareholders of both companies. The deal would create the world's largest publicly traded copper company.
|
|
|
Automakers, Congress to discuss climate
Mar 14 2007 2:32PM (CT)
WASHINGTON (AP) - Confronted with congressional concerns about global warming, the leaders of the U.S. auto industry are highlighting their work to develop alternative vehicles and asserting that the burdens of climate change cannot fall to one industry alone.
|
|
|
World stocks fall after Wall Street drop
Mar 14 2007 2:20PM (CT)
LONDON (AP) - European and Asian stocks plummeted Wednesday after Wall Street chalked its second-biggest point decline in four years and rattled already nervous markets worldwide.
|
|
|
World stocks fall after Wall Street drop
Mar 14 2007 2:20PM (CT)
LONDON (AP) - European and Asian stocks plummeted Wednesday after Wall Street chalked its second-biggest point decline in four years and rattled already nervous markets worldwide.
|
|
|
Trade deficit hits record for 5th year
Mar 14 2007 2:04PM (CT)
WASHINGTON (AP) - The deficit in the broadest measure of trade hit an all-time high in 2006 and for the first time the United States even ran a deficit on investment income.
|
|
|
FDA says pills can cause 'sleep-driving'
Mar 14 2007 1:28PM (CT)
WASHINGTON (AP) - All prescription sleeping pills may sometimes cause sleep-driving, federal health officials warned Wednesday, almost a year after the bizarre side effect first made headlines when Rep. Patrick Kennedy crashed his car after taking Ambien.
|
|
|
U.S. to release disputed N. Korea money
Mar 14 2007 1:24PM (CT)
WASHINGTON (AP) - The Bush administration announced steps Wednesday that could enable the release of North Korean assets frozen in a Macau bank, an action sought by Pyongyang as part of a nuclear arms deal.
|
|
|
Treaury prices rise as stocks slip again
Mar 14 2007 12:11PM (CT)
NEW YORK (AP) - U.S. Treasury prices were slightly higher Wednesday as the stock market gave up its initial gains and the Dow Jones industrial average fell below 12,000.
|
|
|
Black eludes reporters as trial begins
Mar 14 2007 10:39AM (CT)
CHICAGO (AP) - Former media mogul Conrad M. Black quietly arrived Wednesday for jury selection at his racketeering and fraud trial, slipping past the horde of reporters that waited for him outside the downtown federal court house.
|
|
|
Black eludes reporters as trial begins
Mar 14 2007 10:39AM (CT)
CHICAGO (AP) - Former media mogul Conrad M. Black quietly arrived Wednesday for jury selection at his racketeering and fraud trial, slipping past the horde of reporters that waited for him outside the downtown federal court house.
|
|
|
H&R Block 3Q loss: $60.3 million
Mar 14 2007 9:59AM (CT)
KANSAS CITY, Mo. (AP) - H&R Block Inc. shares dropped about 5 percent on Wednesday after the nation's largest tax preparer said it was boosting its third-quarter loss after cutting the value of a subprime mortgage subsidiary.
|
|
|
Home Depot CEO defends predecessor
Mar 14 2007 9:15AM (CT)
ATLANTA (AP) - The chief executive of The Home Depot Inc., Frank Blake, defended predecessor Bob Nardelli on Wednesday against criticism he received over the company's lagging stock price and even referred to him as a mentor, but was quick to point out the two have differences.
|
|
|
TXU orders 2 Mitsubishi Heavy reactors
Mar 14 2007 9:03AM (CT)
TOKYO (AP) - Japan's largest heavy machinery maker Mitsubishi Heavy Industries Ltd. said Wednesday it has received an order for two nuclear reactors from U.S. electric utility TXU Corp., the first export deal of equipment made by a Japanese company.
|
|
|
Students spend break with farmworkers
Mar 14 2007 4:23AM (CT)
LAMONT, Calif. (AP) - On a sunny day when her fellow college students were grabbing beach towels and beer, Nathalie Sanchez was knocking on the doors of farmworkers left jobless after a freeze killed much of the state's citrus crop.
|
|
|
Students spend break with farmworkers
Mar 14 2007 4:23AM (CT)
LAMONT, Calif. (AP) - On a sunny day when her fellow college students were grabbing beach towels and beer, Nathalie Sanchez was knocking on the doors of farmworkers left jobless after a freeze killed much of the state's citrus crop.
|
|
|
Dollar lower vs yen in Asian trading
Mar 14 2007 2:03AM (CT)
TOKYO (AP) - The dollar fell against the yen in Asian trading Wednesday amid rekindled concerns about a worldwide slump in stocks. Traders also reported that some players were unwinding so-called yen-carry trades.
|
|
|
Amish bakers face food safety scrutiny
Mar 14 2007 1:05AM (CT)
PFEIFFER STATION, Ohio (AP) - Not even temperatures hovering below zero or a foot of snow stopped customers from trekking to Mary's Amish Market for her fruit pies and Swiss cheese.
|
|
|
Ex-press lord's fraud trial set to begin
Mar 14 2007 12:41AM (CT)
CHICAGO (AP) - Former media baron Conrad M. Black's racketeering and fraud trial to get under way with defense lawyers seeking jurors who won't turn sour over his Park Avenue condo, antique Rolls Royce and expense-account vacation on the Pacific island paradise of Bora Bora.
|
|
|
|
|
|