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Latest Business News Archives for April 30, 2005

Mixed fortunes for China automakers
Apr 30 2005 9:49PM (CT)
SHANGHAI, China (AP) - The future of China's auto industry is unfolding on the packed elevated highways of this nation's commercial capital, as smaller cars from newcomers are nudging aside larger old stalwarts.
 
Unisys sees business with China carriers
Apr 30 2005 9:45PM (CT)
HONG KONG (AP) - U.S. information-technology firm Unisys Corp. says it sees expanding opportunities in China's airline industry as state-run carriers try to improve service standards to better compete with foreign rivals.
 
Antonveneta shareholders elect new board
Apr 30 2005 8:49PM (CT)
PADUA, Italy (AP) - Banca Antonveneta SpA shareholders voted Saturday in favor of new board members proposed by Banca Popolare di Lodi Scarl, paving the way for a rejection of a cash takeover bid from ABN Amro Holding NV.
 
ChevronTexaco profit misses expectations
Apr 30 2005 8:14PM (CT)
SAN RAMON, Calif. (AP) - ChevronTexaco Corp.'s first-quarter profit edged up by 4 percent, but didn't live up to analysts' expectations because oil refinery outages prevented it from taking full advantage of the high gasoline prices that have been tormenting motorists.
 
Nervous investors eye bond market
Apr 30 2005 8:13PM (CT)
NEW YORK (AP) - Investors are nervous and the stock market shows it; for every step forward, it seems to take three back. And despite relatively strong corporate earnings, a decent jobs picture and red-hot housing market, investors still worry about the possibility of a prolonged "soft patch."
 
Buffett expresses confidence in AIG
Apr 30 2005 8:11PM (CT)
OMAHA, Neb. (AP) - Billionaire investor Warren Buffett expressed confidence Saturday in embattled New York insurance company American International Group Inc., telling his stockholders at their annual meeting that it is a "great company."
 
'Soup Nazi' to launch takeout chain
Apr 30 2005 7:22AM (CT)
TRENTON, N.J. (AP) - The brusque New York chef who was lampooned on "Seinfeld" as the "Soup Nazi" plans to open a chain of takeout soup stands across North America. But don't expect the authentically rude New York treatment.
 
   

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