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Paulson calls for China energy alliance
Apr 2 2008 11:14PM (CT)
BEIJING (AP) - Treasury Secretary Henry Paulson on Thursday called for closer U.S.-Chinese cooperation on energy conservation and for Beijing to cut import duties on environmental technology.
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Builders get breaks from Congress
Apr 2 2008 11:12PM (CT)
WASHINGTON (AP) - Homebuilders and the mortgage industry are emerging as big victors in a bipartisan agreement reached by Senate leaders on legislation designed to limit the housing crisis.
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Builders get breaks from Congress
Apr 2 2008 11:12PM (CT)
WASHINGTON (AP) - Homebuilders and the mortgage industry are emerging as big victors in a bipartisan agreement reached by Senate leaders on legislation designed to limit the housing crisis.
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Schering-Plough announces more cuts
Apr 2 2008 8:07PM (CT)
TRENTON, N.J. (AP) - Days after top cardiologists criticized Schering-Plough Corp.'s crucial cholesterol drugs Vytorin and Zetia, sending its stock price tumbling, the drugmaker late Wednesday announced a new round of cost-cutting and layoffs.
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Court hears appeal of Enron's Skilling
Apr 2 2008 7:15PM (CT)
NEW ORLEANS (AP) - Former Enron Corp. CEO Jeffrey Skilling, convicted for his role in the once might energy giant's collapse, took risks when he ran the company but they were always for its benefit, his attorney told an appeals court Wednesday.
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Toyota denies Prius govt funding report
Apr 2 2008 6:22PM (CT)
TOKYO (AP) - Toyota Motor Corp. denied on Wednesday it had received any funding from the Japanese government to develop its hit Prius gas-electric hybrid car.
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Toyota denies Prius govt funding report
Apr 2 2008 6:22PM (CT)
TOKYO (AP) - Toyota Motor Corp. denied on Wednesday it had received any funding from the Japanese government to develop its hit Prius gas-electric hybrid car.
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United grounds 777s for inspections
Apr 2 2008 6:08PM (CT)
CHICAGO (AP) - U.S. air travelers have endured longer lines, more delays and the loss of amenities like meals and blankets. Now they are getting hit with a wave of schedule disruptions caused by airlines scrambling amid increased regulatory scrutiny to ensure that the expanding air transport system stays safe.
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United grounds 777s for inspections
Apr 2 2008 6:08PM (CT)
CHICAGO (AP) - U.S. air travelers have endured longer lines, more delays and the loss of amenities like meals and blankets. Now they are getting hit with a wave of schedule disruptions caused by airlines scrambling amid increased regulatory scrutiny to ensure that the expanding air transport system stays safe.
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United grounds 777s for inspections
Apr 2 2008 6:08PM (CT)
CHICAGO (AP) - U.S. air travelers have endured longer lines, more delays and the loss of amenities like meals and blankets. Now they are getting hit with a wave of schedule disruptions caused by airlines scrambling amid increased regulatory scrutiny to ensure that the expanding air transport system stays safe.
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United grounds 777s for inspections
Apr 2 2008 6:08PM (CT)
CHICAGO (AP) - U.S. air travelers have endured longer lines, more delays and the loss of amenities like meals and blankets. Now they are getting hit with a wave of schedule disruptions caused by airlines scrambling amid increased regulatory scrutiny to ensure that the expanding air transport system stays safe.
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United grounds 777s for inspections
Apr 2 2008 6:08PM (CT)
CHICAGO (AP) - U.S. air travelers have endured longer lines, more delays and the loss of amenities like meals and blankets. Now they are getting hit with a wave of schedule disruptions caused by airlines scrambling amid increased regulatory scrutiny to ensure that the expanding air transport system stays safe.
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United grounds 777s for inspections
Apr 2 2008 6:08PM (CT)
CHICAGO (AP) - U.S. air travelers have endured longer lines, more delays and the loss of amenities like meals and blankets. Now they are getting hit with a wave of schedule disruptions caused by airlines scrambling amid increased regulatory scrutiny to ensure that the expanding air transport system stays safe.
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Weiss pleads guilty in kickback case
Apr 2 2008 6:07PM (CT)
LOS ANGELES (AP) - Melvyn Weiss, the co-founder of a prominent New York law firm, pleaded guilty Wednesday to a racketeering conspiracy charge in a kickback scheme involving some of the largest corporations in the nation.
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Treasurys mixed on Bernanke comments
Apr 2 2008 4:43PM (CT)
NEW YORK (AP) - Short-term Treasurys sold off Wednesday after Federal Reserve Chairman Ben Bernanke appeared to hint that the central bank may be close to ending its streak of interest rate cuts.
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China Unicom shares slide on downgrade
Apr 2 2008 4:18PM (CT)
NEW YORK (AP) - U.S.-traded shares of China Unicom fell Wednesday after a downgrade from a Deutsche Bank analyst who says the mobile phone carrier will need about three years to catch up to its "larger and better regarded competition."
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Bernanke says recession possible
Apr 2 2008 3:52PM (CT)
WASHINGTON (AP) - For the first time, Federal Reserve Chairman Ben Bernanke acknowledged the U.S. could reel into recession from the powerful punches of housing, credit and financial crises. Yet, he was coy about the Fed's next move.
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Bernanke says recession possible
Apr 2 2008 3:52PM (CT)
WASHINGTON (AP) - For the first time, Federal Reserve Chairman Ben Bernanke acknowledged the U.S. could reel into recession from the powerful punches of housing, credit and financial crises. Yet, he was coy about the Fed's next move.
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Bernanke says recession possible
Apr 2 2008 3:52PM (CT)
WASHINGTON (AP) - For the first time, Federal Reserve Chairman Ben Bernanke acknowledged the U.S. could reel into recession from the powerful punches of housing, credit and financial crises. Yet, he was coy about the Fed's next move.
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Bernanke says recession possible
Apr 2 2008 3:52PM (CT)
WASHINGTON (AP) - For the first time, Federal Reserve Chairman Ben Bernanke acknowledged the U.S. could reel into recession from the powerful punches of housing, credit and financial crises. Yet, he was coy about the Fed's next move.
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Best Buy profit falls, still beats view
Apr 2 2008 3:44PM (CT)
MINNEAPOLIS (AP) - Best Buy ended its year with a 3 percent drop in its fourth-quarter earnings as the nation's largest consumer electronics retailer suffered from a weaker economy.
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Research In Motion 4Q profit soars
Apr 2 2008 3:36PM (CT)
NEW YORK (AP) - Research In Motion Ltd. says its fiscal fourth-quarter profit and sales more than doubled as the Blackberry maker boosted its subscriber base and shipped about 4.4 million of its smart phones.
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Fed to auction more Treasury securities
Apr 2 2008 3:30PM (CT)
WASHINGTON (AP) - The Federal Reserve announced Wednesday that it will auction an additional $25 billion in super-safe Treasury securities to big investment firms, part of an effort to ease problems in credit markets.
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Fed to auction more Treasury securities
Apr 2 2008 3:30PM (CT)
WASHINGTON (AP) - The Federal Reserve announced Wednesday that it will auction an additional $25 billion in super-safe Treasury securities to big investment firms, part of an effort to ease problems in credit markets.
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Bernanke: Bear Stearns wasn't a bailout
Apr 2 2008 3:26PM (CT)
WASHINGTON (AP) - The Federal Reserve's unprecedented actions to prevent the collapse of Bear Stearns were taken to preserve the "integrity and viability of the American financial system" and did not represent any kind of bailout, Fed Chairman Ben Bernanke said Wednesday.
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Corn jumps to record on rainy weather
Apr 2 2008 3:26PM (CT)
NEW YORK (AP) - Corn prices climbed to a record just below $6 a bushel Wednesday as cold, wet weather in the U.S. corn belt threatened to slow planting, adding to concerns over tight supplies.
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Corn jumps to record on rainy weather
Apr 2 2008 3:26PM (CT)
NEW YORK (AP) - Corn prices climbed to a record just below $6 a bushel Wednesday as cold, wet weather in the U.S. corn belt threatened to slow planting, adding to concerns over tight supplies.
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Gas, oil futures jump as demand rises
Apr 2 2008 2:22PM (CT)
NEW YORK (AP) - Gasoline and oil futures rose sharply Wednesday after the Energy Department reported an unexpected jump in gasoline demand and a big drop in supplies. Prices at the pump returned to record levels, and appeared poised to extend their march higher.
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States suing EPA over global warming
Apr 2 2008 1:13PM (CT)
BOSTON (AP) - Officials of 18 states are taking the EPA back to court to try to force it to comply with a Supreme Court ruling that rebuked the Bush administration for inaction on global warming.
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United grounds 777s for inspections
Apr 2 2008 11:49AM (CT)
CHICAGO (AP) - United Airlines temporarily grounded 11 percent of its fleet and cancelled 31 flights Wednesday while it tested dozens of Boeing 777s to make sure components of a cargo fire suppression system were operating effectively.
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United grounds 777s for inspections
Apr 2 2008 11:49AM (CT)
CHICAGO (AP) - United Airlines temporarily grounded 11 percent of its fleet and cancelled 31 flights Wednesday while it tested dozens of Boeing 777s to make sure components of a cargo fire suppression system were operating effectively.
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Monsanto 2Q profit surges, revenue rises
Apr 2 2008 11:18AM (CT)
ST. LOUIS (AP) - Seed company Monsanto Co. said Wednesday its second-quarter earnings more than doubled on increasingly strong sales of corn seed and herbicide in the United States. But the company's profit forecast for 2008 appeared to disappoint Wall Street as the company's shares slipped by midday.
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World stock markets rally
Apr 2 2008 8:17AM (CT)
LONDON (AP) - Asian stocks surged, Europe extended its gains and Wall Street was poised to rally once more Wednesday amid a growing belief that the worst of the credit crisis is over.
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World stock markets rally
Apr 2 2008 8:17AM (CT)
LONDON (AP) - Asian stocks surged, Europe extended its gains and Wall Street was poised to rally once more Wednesday amid a growing belief that the worst of the credit crisis is over.
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World stock markets rally
Apr 2 2008 8:17AM (CT)
LONDON (AP) - Asian stocks surged, Europe extended its gains and Wall Street was poised to rally once more Wednesday amid a growing belief that the worst of the credit crisis is over.
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World stock markets rally
Apr 2 2008 8:17AM (CT)
LONDON (AP) - Asian stocks surged, Europe extended its gains and Wall Street was poised to rally once more Wednesday amid a growing belief that the worst of the credit crisis is over.
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World stock markets rally
Apr 2 2008 8:17AM (CT)
LONDON (AP) - Asian stocks surged, Europe extended its gains and Wall Street was poised to rally once more Wednesday amid a growing belief that the worst of the credit crisis is over.
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World stock markets rally
Apr 2 2008 8:17AM (CT)
LONDON (AP) - Asian stocks surged, Europe extended its gains and Wall Street was poised to rally once more Wednesday amid a growing belief that the worst of the credit crisis is over.
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World stock markets rally
Apr 2 2008 8:17AM (CT)
LONDON (AP) - Asian stocks surged, Europe extended its gains and Wall Street was poised to rally once more Wednesday amid a growing belief that the worst of the credit crisis is over.
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Russia Duma OKs foreign investment rules
Apr 2 2008 6:43AM (CT)
MOSCOW (AP) - Russia's lower house of parliament on Wednesday backed restrictions limiting foreign investment in key sectors such as oil and gas, aerospace and mass media.
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EU opens Northern Rock investigation
Apr 2 2008 6:33AM (CT)
BRUSSELS, Belgium (AP) - The European Commission opened an investigation Wednesday into Britain's nationalization of Northern Rock PLC, the mortgage bank that collapsed at the beginning of the global credit crisis.
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EU opens Northern Rock investigation
Apr 2 2008 6:33AM (CT)
BRUSSELS, Belgium (AP) - The European Commission opened an investigation Wednesday into Britain's nationalization of Northern Rock PLC, the mortgage bank that collapsed at the beginning of the global credit crisis.
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Australia opens carbon burying plant
Apr 2 2008 6:08AM (CT)
CANBERRA, Australia (AP) - Australia on Wednesday began pumping carbon dioxide underground to reduce greenhouse gas emissions, using a technology that locks dangerous gases deep in the Earth.
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Australia opens carbon burying plant
Apr 2 2008 6:08AM (CT)
CANBERRA, Australia (AP) - Australia on Wednesday began pumping carbon dioxide underground to reduce greenhouse gas emissions, using a technology that locks dangerous gases deep in the Earth.
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