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Survey: Japanese businesses upbeat in 1Q
Apr 2 2006 11:59PM (CT)
TOKYO (AP) - A closely watched survey showed Monday that Japanese businesses remained upbeat in the first quarter, reflecting the nation's economic recovery, although an index for sentiment at large manufacturers dipped.
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Denver transit union votes to strike
Apr 2 2006 11:56PM (CT)
DENVER (AP) - Union workers for Denver's mass transit operator rejected a contract offer Sunday and voted to strike, shutting down the city's light rail system and crippling its bus service.
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Japanese stocks rise; dollar up vs. yen
Apr 2 2006 11:25PM (CT)
TOKYO (AP) - Upbeat results in a key business survey lifted Japanese stocks to their highest level in more than 5 1/2 years Monday morning, running the market's winning streak to seven straight sessions.
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Union votes to approve Sikorsky offer
Apr 2 2006 9:29PM (CT)
STRATFORD, Conn. (AP) - Teamsters union members narrowly voted Sunday to approve a new contract with Sikorsky Aircraft, accepting contract terms similar to those they overwhelmingly rejected six weeks ago when they walked off the job.
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Report: GM to sell majority stake in GMAC
Apr 2 2006 8:49PM (CT)
DETROIT (AP) - General Motors Corp. was expected to announce Monday that it was selling a majority stake in its finance arm to a private investor group, The Wall Street Journal reported.
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Gov't report finds fewer ID theft victims
Apr 2 2006 7:35PM (CT)
WASHINGTON (AP) - An estimated 3.6 million U.S. households _ or about three out of every 100 _ reported being victims of identity theft, according to a government study that counted misuse of someone else's cell phone, credit card or personal information.
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Bolivia seeks debt relief from IDB
Apr 2 2006 5:58PM (CT)
BELO HORIZONTE, Brazil (AP) - Bolivian President Evo Morales headed to a key economic forum Sunday to press the Inter-American Development bank to forgive at least some of the $3.5 billion owed by the Andean nation and four other poor Latin American countries.
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Recording labels, Apple split over pricing
Apr 2 2006 4:07PM (CT)
LOS ANGELES (AP) - Three years ago, Apple Computer Inc. chief executive Steve Jobs persuaded major recording companies to buy into his vision of a simple, one-price-fits-all online music store.
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Kuwait sees increase in refining capacity
Apr 2 2006 3:37PM (CT)
KUWAIT CITY (AP) - Kuwait's oil refining capacity will reach 1.4 million barrels a day by 2011 when a new refinery _ billed to be the world's largest _ comes on line, and two of the existing ones are upgraded, a senior oil official said Sunday.
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Wall Street facing an economic conundrum
Apr 2 2006 2:44PM (CT)
NEW YORK (AP) - The first quarter of 2006 was a great one for stock investors. Wall Street did in those three months what it failed to do for all of 2005 _ post solid returns in nearly every sector.
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Brazil's Petrobras signs new oil contract
Apr 2 2006 1:57PM (CT)
BELO HORIZONTE, Brazil (AP) - Brazil's state-run petroleum company has signed new oil contracts with Venezuela that give Petrobras Brasileiro SA a 40 percent production stake in Venezuelan fields where it currently operates.
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Enron was no house of cards, defense says
Apr 2 2006 1:56PM (CT)
HOUSTON (AP) - For years now, Enron Corp. has been synonymous with fraud and lies. Attorneys for its former top two leaders are about to try to make good on their promise to tear down that image and show that not only are their clients innocent of wrongdoing, the company was no bed of corruption.
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Wal-Mart cites late Easter for slow March
Apr 2 2006 1:49PM (CT)
BENTONVILLE, Ark. (AP) - Wal-Mart Stores Inc., the world's largest retailer, reported a mere 1.3 percent gain last month for sales at stores open at least one year.
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Deutsche Bank: Breuer stepping down
Apr 2 2006 1:48PM (CT)
FRANKFURT, Germany (AP) - Deutsche Bank AG said Sunday that the chairman of its supervisory board, Rolf Breuer, will step down by May 3 because of an ongoing court case against him.
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