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Latest Business News Archives for April 22, 2006

IMF gets go-ahead for crisis prevention
Apr 22 2006 7:46PM (CT)
WASHINGTON (AP) - Economic powers gave the world's financial firefighter, the International Monetary Fund, the green light Saturday to remake the 61-year-old institution so it can better prevent and cope with crises.
 
World Bank: Sub-Sahara Africa sees growth
Apr 22 2006 6:38PM (CT)
WASHINGTON (AP) - Long lagging behind other regions of the world, sub-Sahara Africa is showing economic growth that could lift thousands of people out of poverty, the World Bank reported Saturday.
 
Delta: Pilot deal will aid reorganization
Apr 22 2006 3:53PM (CT)
ATLANTA (AP) - Delta Air Lines Inc. executives said Saturday the roughly $280 million in average annual concessions approved by leaders of its pilot union is less than the airline wanted, but it agreed to the deal because of the likelihood the pilots' pension plan will be terminated.
 
Oil prices settle above $75 a barrel
Apr 22 2006 1:01PM (CT)
NEW YORK (AP) - Crude-oil prices broke through $75 a barrel to hit a new record Friday, fueled by concerns about Iran's nuclear ambitions and tight U.S. gasoline supplies.
 
'Biosecurity' is buzzword vs. bird flu
Apr 22 2006 1:01PM (CT)
HILMAR, Calif. (AP) - Tom Silva's chickens pump out 1.4 million eggs a day, but his operation looks more like a prison than a farm.
 
German union, employers reach agreement
Apr 22 2006 5:54AM (CT)
DUESSELDORF, Germany (AP) - A German labor union and industry leaders reached an agreement early Saturday, a union leader said, heading off strikes among 3.4 million manufacturing workers in Europe's largest economy.
 
Jury: Merck liable in elderly man's death
Apr 22 2006 1:16AM (CT)
RIO GRANDE CITY, Texas (AP) - A state jury found Merck & Co. liable Friday for the death of a 71-year-old man who had a fatal heart attack within a month of taking its since-withdrawn painkiller Vioxx and ordered the company to pay $32 million. Merck said it would appeal.
 
Google shares flying high again after 1Q
Apr 22 2006 1:16AM (CT)
SAN FRANCISCO (AP) - The anxieties that rattled Google Inc.'s stock a few weeks ago have evaporated, giving way to another burst of euphoria after the online search engine leader delighted investors with first-quarter earnings that erased recent doubts about its growth.
 
McDonald's 1Q profit declines 14 percent
Apr 22 2006 1:16AM (CT)
CHICAGO (AP) - McDonald's Corp. posted its largest quarterly earnings decline since 2002 Friday, a 14 percent drop that reflected a big tax gain a year ago and came as customers continued spending significantly more money at its restaurants.
 
   

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