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Carrot producer sued over harassment claims
May 10 2006 11:17PM (CT)
BAKERSFIELD, Calif. (AP) - The U.S. Equal Employment Opportunity Commission filed a civil lawsuit on Wednesday charging one of the world's largest carrot producers with ignoring complaints by employees who claimed they were sexually harassed at work.
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Affiliate hikes Aztar bid to $53 a share
May 10 2006 10:20PM (CT)
LAS VEGAS (AP) - The casino arm of Columbia Sussex Corp. on Wednesday fired the latest salvo in the bidding war for Aztar Corp., raising its offer to $53 in cash, or about $1.9 billion, Aztar said late Wednesday.
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Samsung expects a stronger second half
May 10 2006 10:02PM (CT)
SEOUL, South Korea (AP) - Samsung Electronics Co., a leading global technology manufacturer, said Thursday it expects stronger performance in the second half of 2006 led by improving profit margins for memory chips, liquid crystal displays and mobile phone handsets.
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Alaska lawmakers get look at pipeline deal
May 10 2006 9:50PM (CT)
JUNEAU, Alaska (AP) - Gov. Frank Murkowski on Wednesday presented Alaska lawmakers with a contract proposal with the state's three largest oil companies for the financial terms to recover the North Slope's vast reserves of natural gas.
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Beer makers target more affluent drinkers
May 10 2006 9:23PM (CT)
MILWAUKEE (AP) - Proclaiming Miller Genuine Draft as "Beer. Grown Up," Miller Brewing is repositioning the brand to woo sophisticated 20-somethings _ a segment that's straying from domestic brews in favor of light beer, imports, spirits and wine.
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PA Sport to acquire SportsTicker from ESPN
May 10 2006 9:23PM (CT)
NEW YORK (AP) - PA Sport has agreed to acquire SportsTicker from ESPN, the United Kingdom-based sports information provider's first venture into North America.
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Japanese stocks rise, dollar rises
May 10 2006 9:00PM (CT)
TOKYO (AP) - Japanese stocks rose Thursday morning as the dollar gained against the yen, easing concerns over the yen's recent appreciation.
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Morgan Stanley paying $15M for e-mails
May 10 2006 8:24PM (CT)
WASHINGTON (AP) - Wall Street powerhouse Morgan Stanley & Co. Inc. has agreed to pay a $15 million civil fine to settle federal regulators' charges that it repeatedly failed to provide tens of thousands of e-mails which they sought in major investigations over several years, federal regulators said Wednesday.
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Fed raises interest rates to 5-year high
May 10 2006 7:46PM (CT)
WASHINGTON (AP) - The Federal Reserve boosted Americans' borrowing costs for the 16th time in a row on Wednesday _ this time to the highest level in five years _ but suggested what happens next will be much less predictable.
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SEC probes how Diebold reports revenue
May 10 2006 7:21PM (CT)
NORTH CANTON, Ohio (AP) - The Securities and Exchange Commission is looking into how voting-machine maker Diebold Inc. reports revenue, the company said Wednesday.
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United looks to consolidate facilities
May 10 2006 7:13PM (CT)
CHICAGO (AP) - United Airlines parent UAL Corp. said Wednesday it is looking to consolidate its facilities _ a process that could end with the company deciding to move its headquarters from Chicago's suburbs, according to a Chicago development official.
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KPMG judge questions legality of tactics
May 10 2006 6:38PM (CT)
NEW YORK (AP) - A federal judge Wednesday questioned the constitutionality of a government policy that defense lawyers say pressures companies like the KPMG accounting firm to stop paying legal fees for those who do not cooperate with prosecutors.
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EchoStar 1Q profit down on TiVo settlement
May 10 2006 6:35PM (CT)
NEW YORK (AP) - EchoStar Communications Corp. said net income fell more than 50 percent in the first quarter after a $74 million settlement with TiVo Inc. Also skewing comparisons was a $134 million insurance settlement that boosted year-earlier results.
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ConocoPhillips better-prepared for storms
May 10 2006 6:18PM (CT)
HOUSTON (AP) - ConocoPhillips Co. is better prepared for hurricane season after last year's storms shut down three of its refineries, Chief Executive James J. Mulva said after a shareholders meeting Wednesday.
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Zuckerman pledges $100M to cancer center
May 10 2006 6:05PM (CT)
NEW YORK (AP) - The owner of the Daily News has pledged $100 million toward a new research facility at Memorial Sloan-Kettering Cancer Center, the largest donation by an individual in the center's history.
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Texas Instruments sees phone market growth
May 10 2006 6:00PM (CT)
RICHARDSON, Texas (AP) - Texas Instruments Inc., which makes chips for about half the world's cell phones, believes it can profit from both the fancy models favored by affluent consumers and the basic handsets catching on in developing countries.
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Judge postpones Vioxx trial in N.J.
May 10 2006 5:54PM (CT)
PHILADELPHIA (AP) - A New Jersey judge has postponed the trial of a man who claimed Merck & Co.'s Vioxx painkiller caused his heart attack, but another Vioxx trial is still scheduled to begin in early June in Atlantic City.
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U.S.: China not manipulating currency
May 10 2006 5:53PM (CT)
WASHINGTON (AP) - The Bush administration on Wednesday said it would not brand China as a country manipulating its currency for unfair trade advantages, provoking protests from U.S. manufacturers.
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Whirlpool plant closing upsets employees
May 10 2006 5:51PM (CT)
NEWTON, Iowa (AP) - The wait ended Wednesday for thousands of workers of the former Maytag Corp., who learned they would lose their jobs and the only lives many have known for decades.
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Bonds little changed after Fed ups rates
May 10 2006 5:47PM (CT)
NEW YORK (AP) - U.S. government bond prices ended little changed Wednesday, erasing earlier gains after the Fed raised interest rates to 5 percent and said yet again that further rate hikes may be necessary.
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Owens Corning unveils bankruptcy exit plan
May 10 2006 5:47PM (CT)
PITTSBURGH (AP) - Building products maker Owens Corning will pay more than $5 billion to asbestos claimants and as much as $2.27 billion to holders of bank debt as part of a plan to exit federal bankruptcy protection, a company lawyer told a bankruptcy court Wednesday.
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Keane CEO quits over unspecified charges
May 10 2006 5:46PM (CT)
BOSTON (AP) - The head of Keane Inc., a nearly $1-billion-a-year information technology services company, abruptly resigned Wednesday over unspecified allegations involving his personal conduct.
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Judge finalizes instructions to Enron jury
May 10 2006 5:44PM (CT)
HOUSTON (AP) - Jurors in the fraud and conspiracy trial of Enron Corp. founder Kenneth Lay and former Chief Executive Jeffrey Skilling will be able to consider whether the two men closed their eyes to possible crimes at their company, the judge decided Wednesday.
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Unions, stakeholders argue against Delphi
May 10 2006 5:40PM (CT)
NEW YORK (AP) - Lawyers for Delphi Corp.'s unions and stakeholders tried to convince a bankruptcy judge Wednesday that letting the faltering auto parts company jettison its labor contracts would unfairly sideline them and risk a potentially ruinous strike.
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News Corp. quarterly profit up to $820M
May 10 2006 5:38PM (CT)
NEW YORK (AP) - News Corp., the globe-spanning media company controlled by Rupert Murdoch, reported that profits doubled in the latest quarter on an asset sale as well as stronger results at its Italian satellite TV company, cable networks and broadcast television businesses.
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AIG 1Q earnings slide to $3.2 billion
May 10 2006 5:38PM (CT)
NEW YORK (AP) - American International Group Inc., one of the world's largest insurance companies, said Wednesday its net income fell nearly 16 percent in the first quarter from a year earlier despite strong performance in its general insurance unit.
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Alliance, Novacea have muted IPO debuts
May 10 2006 5:38PM (CT)
WASHINGTON (AP) - The initial public offering of coal company Alliance Holdings GP didn't generate much energy in the market on Wednesday, its first day of trading.
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Wednesday's commodities roundup
May 10 2006 5:37PM (CT)
NEW YORK (AP) - Gold prices rose to new heights above $700 an ounce Wednesday. Oil prices also rose.
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Northwest Airlines posts $1.1B loss in 1Q
May 10 2006 5:36PM (CT)
MINNEAPOLIS (AP) - Northwest Airlines Corp. said Wednesday it lost $1.1 billion in the first quarter, attributing most of the red ink to bankruptcy expenses.
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Companies educate people about Tysabri
May 10 2006 5:02PM (CT)
BOSTON (AP) - It was barely two hours after a panel recommended to the Food and Drug Administration that it allow the drug Tysabri back on the market when Dr. Joseph Berger got an e-mail inviting him to a special class.
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Liberty Global 1Q profit soars to $268.2M
May 10 2006 4:59PM (CT)
ENGLEWOOD, Colo. (AP) - Cable and Internet service provider Liberty Global Inc. on Wednesday posted a sharp increase in first-quarter profit due to a gain on the sale of operations and higher revenue.
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Shareholders set to grill Ford CEO on plan
May 10 2006 4:36PM (CT)
DETROIT (AP) - Ford Motor Co. Chairman and Chief Executive Bill Ford drew hearty applause at last year's annual meeting when he said he would forgo compensation until Ford's auto operations made a profit. He may not get such a warm response Thursday when shareholders get their first chance to grill him about the company's turnaround plan.
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Judge tosses Dell plant incentives suit
May 10 2006 4:33PM (CT)
RALEIGH, N.C. (AP) - A state court judge threw out a lawsuit Wednesday challenging the legality of a $300 million-plus incentives package that lured computer maker Dell Inc. to build a plant in North Carolina.
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Glaxo gets injunction against activists
May 10 2006 4:30PM (CT)
LONDON (AP) - GlaxoSmithKline PLC said Wednesday it has been granted a High Court injunction against animal rights activists who sent threats to the drugmaker's shareholders, barring them from sending more letters or revealing private information about the investors.
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Verizon in talks to sell telephone lines
May 10 2006 4:28PM (CT)
NEW YORK (AP) - Verizon Communications Inc. is looking at selling off phone lines in the Northeast and Midwest, the company told employees Wednesday.
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Alcoa trains managers in case of strike
May 10 2006 4:28PM (CT)
PITTSBURGH (AP) - Alcoa Inc., the world's largest aluminum producer, is training managers to operate 15 U.S. plants should 9,000 union workers strike next month.
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E.On 1Q net profit up nearly 18 percent
May 10 2006 4:22PM (CT)
BERLIN (AP) - German utility E.On AG said Wednesday that its first-quarter net profit increased by about 18 percent, helped by higher power prices and strong natural gas demand during an unusually cold European winter.
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Infineon OKs separate listing for unit
May 10 2006 4:17PM (CT)
BERLIN (AP) - German chipmaker Infineon AG said Wednesday its supervisory board has approved a plan for a separate U.S. stock market listing for its Qimonda AG unit.
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Price of gold rises to fresh 25-year high
May 10 2006 4:14PM (CT)
NEW YORK (AP) - The price of gold rose to a fresh 25-year high Wednesday as investors sought a safe haven amid a weakening U.S. dollar and worries over the West's confrontation with Iran.
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OMV to buy Verbund for about $16.5 billion
May 10 2006 4:12PM (CT)
VIENNA, Austria (AP) - Petroleum company OMV said Wednesday it will acquire Austria's major electric company Verbund AG for about 13 billion euros ($16.5 billion), forming a major Central European power company.
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Carlsberg reports 1Q net loss of $30.5M
May 10 2006 4:10PM (CT)
COPENHAGEN, Denmark (AP) - Danish brewer Carlsberg A/S on Wednesday reported a net loss of 179 million kroner ($30.5 million) in the first quarter, up from the 298 million kroner net loss for the same period last year.
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ADM to build new ethanol plant in Iowa
May 10 2006 4:09PM (CT)
DECATUR, Ill. (AP) - Archer Daniels Midland Co. said Wednesday that it plans to build a new dry-mill ethanol plant that will allow the company to produce an additional 275 million gallons of the corn-based fuel each year.
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Baidu.com sees jump in 1Q profit, sales
May 10 2006 4:08PM (CT)
BEIJING (AP) - China's largest Internet search provider, Baidu.com Inc., said its first quarter profit and sales surged as its customer base expanded in the world's second-largest online market.
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Tepid Cisco outlook sends shares falling
May 10 2006 4:07PM (CT)
SAN JOSE, Calif. (AP) - Shares of Cisco Systems Inc. slipped Wednesday after the maker of networking gear worked to temper Wall Street's expectations for its current quarter.
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Best Buy won't comment on China reports
May 10 2006 4:03PM (CT)
CHICAGO (AP) - Best Buy Co. declined to comment on reports that it has purchased a 51 percent stake in China's Five Star Appliance, one of the country's largest electronics retailers, for about $120 million.
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The Hartford settles fraud probe for $20M
May 10 2006 4:01PM (CT)
HARTFORD, Conn. (AP) - The Hartford Financial Services Group Inc. has agreed to pay $20 million to settle an investigation into claims of fraudulent sales practices in retirement products, the attorneys general of Connecticut and New York said Wednesday.
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Hollinger Int'l narrows 1Q loss to $11.7M
May 10 2006 3:54PM (CT)
CHICAGO (AP) - Hollinger International Inc., publisher of the Chicago Sun-Times and dozens of small community newspapers in the Chicago area, posted a narrower first-quarter loss Wednesday but acknowledged continuing declines in revenue and circulation.
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Walt Disney shares advance on 2Q results
May 10 2006 3:52PM (CT)
LOS ANGELES (AP) - Strong television ratings and increased theme park attendance helped profit at The Walt Disney Co. rise 12 percent in the second quarter, although the media conglomerate did report a drop in earnings at its film studio.
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Federated reports 1Q loss of $52 million
May 10 2006 3:46PM (CT)
CINCINNATI (AP) - Federated Department Stores Inc. reported a loss Wednesday for its fiscal first quarter as the company booked charges to integrate its acquisition of May Department Stores. The company also forecast earnings below Wall Street expectations.
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H&R Block cuts profit projections again
May 10 2006 3:43PM (CT)
NEW YORK (AP) - H&R Block Inc., the nation's top tax preparer, on Wednesday lowered its 2006 profit projections for the second time this year due to continued weakness in its mortgage operations.
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Winn-Dixie agrees to sell 21 Fla. stores
May 10 2006 3:42PM (CT)
JACKSONVILLE, Fla. (AP) - Bankrupt Winn-Dixie Stores Inc. said Wednesday that following a successful auction, it has reached agreements to sell 21 stores to 14 buyers for more than $15 million.
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Whirlpool to eliminate 4,500 jobs
May 10 2006 3:39PM (CT)
GRAND RAPIDS, Mich. (AP) - Whirlpool Corp. said Wednesday it will eliminate 4,500 jobs by closing three plants and consolidating corporate offices and other sites following its purchase of rival appliance maker Maytag Corp.
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Oil prices rise above $72 a barrel
May 10 2006 3:18PM (CT)
WASHINGTON (AP) - Crude futures jumped above $72 a barrel Wednesday after the fatal shooting of an American oil worker in Nigeria and a refinery snag in Texas exacerbated supply concerns.
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Winn-Dixie agrees to sell 21 Fla. stores
May 10 2006 3:01PM (CT)
JACKSONVILLE, Fla. (AP) - Winn-Dixie Stores Inc. said Wednesday it has agreed to sell 21 stores in Florida to 14 undisclosed buyers for more than $15 million after a successful auction. The sales are subject to approval by the bankruptcy court overseeing Winn-Dixie's operations.
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ENI pays for stake in Angolan oil field
May 10 2006 2:15PM (CT)
LUANDA, Angola (AP) - Italian energy company ENI has paid $902 million for a controlling stake in an Angolan offshore oil field which is believed to hold 1.5 billion barrels of oil, authorities said.
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After Golden West, who's next?
May 10 2006 2:14PM (CT)
NEW YORK (AP) - The announcement earlier this week that Wachovia Corp., the nation's fourth-largest bank, is buying the California-based Golden West Financial Corp. savings bank for $24.2 billion got the analysts at Keefe, Bruyette & Woods thinking about what were the next likely acquisition targets.
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Court suspends sale of Turkish steel maker
May 10 2006 2:01PM (CT)
ANKARA, Turkey (AP) - Turkey's top administrative court on Wednesday suspended the $2.77 billion sale of a large stake in state-owned steel maker Erdemir to the Turkish pension and investment fund Oyak Group, after a labor union objected.
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Howard Stern won't return from satellite
May 10 2006 1:41PM (CT)
NEW YORK (AP) - No censorship, no fines, no Federal Communications Commission. It's no wonder Howard Stern announced that there's no way he would abandon satellite radio for a return to traditional broadcasting.
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Whirlpool to cut 4,500 jobs, close plants
May 10 2006 1:24PM (CT)
GRAND RAPIDS, Mich. (AP) - Whirlpool Corp. said Wednesday it will eliminate 4,500 jobs by closing three plants and consolidating corporate offices and other sites following its purchase of rival appliance maker Maytag Corp.
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Nasdaq buys more shares in the LSE
May 10 2006 1:06PM (CT)
LONDON (AP) - Nasdaq Stock Market Inc., which dropped a takeover bid for the London Stock Exchange PLC earlier this year, revealed Wednesday it has increased its stake in the exchange _ bolstering its position as the largest shareholder.
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ShopKo agrees to sell real estate assets
May 10 2006 12:51PM (CT)
GREEN BAY, Wis. (AP) - A real estate trust has agreed to buy nearly all the real estate assets of ShopKo Stores Inc. for about $815.3 million, the discount retailer said Wednesday.
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Transmeta stock falls after slashing view
May 10 2006 12:51PM (CT)
NEW YORK (AP) - Transmeta Corp. stock fell Wednesday, a day after the company lowered its full-year financial estimates due to reductions in engineering projects with Sony Corp., and said its chief financial officer is resigning.
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EU clears ThyssenKrupp, EADS to buy firm
May 10 2006 12:43PM (CT)
BRUSSELS, Belgium (AP) - The European Commission on Wednesday cleared Germany's ThyssenKrupp AG and EADS to buy German naval electronics supplier Atlas Elektronik GmbH from Britain's BAE Systems PLC.
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Arcelor shrugs off Mittal's latest offer
May 10 2006 12:36PM (CT)
BRUSSELS, Belgium (AP) - Arcelor SA Chief Executive Guy Dolle on Wednesday described as "insufficient" Mittal Steel Co.'s offer to revise its takeover offer, and EU regulators delayed their deadline to clear the bid.
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Airbus says no decision on A350 redesign
May 10 2006 12:27PM (CT)
PARIS (AP) - Airbus insisted Wednesday no decision had been made on whether to revamp the design for its A350 airliner, amid reports the European aircraft maker has overhauled plans for the long-range, fuel-efficient jet to include a larger variant.
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Conservative judge to work for Boeing
May 10 2006 12:22PM (CT)
RICHMOND, Va. (AP) - Judge J. Michael Luttig resigned Wednesday from the 4th U.S. Circuit Court of Appeals to accept a job as senior vice president and general counsel for Boeing Co.
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Swisscom posts 12 pct. profit decline
May 10 2006 12:05PM (CT)
BERN, Switzerland (AP) - Telecommunications company Swisscom AG on Wednesday said its first-quarter net profit declined 12 percent despite strong growth in the number of mobile phone and broadband customers.
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Adecco posts 59 percent rise in 1Q profit
May 10 2006 11:58AM (CT)
CHESEREX, Switzerland (AP) - Adecco SA on Wednesday posted a 59 percent rise in its first-quarter profit and forecast continued strong growth in the global staffing industry.
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Winchester manufacturer to repay benefits
May 10 2006 11:40AM (CT)
NEW HAVEN, Conn. (AP) - The company that recently closed the Winchester rifle plant will repay $850,000 in tax benefits and help attract buyers for its New Haven factory, where "The Gun that Won the West" was built for more than a century.
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Court orders Smithfield to allow election
May 10 2006 11:34AM (CT)
TAR HEEL, N.C. (AP) - Smithfield Packing Co. must allow a union at its largest plant to hold an election and pledge to never again threaten workers trying to unionize, a federal appeals court has ruled.
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San Antonio sues online agencies for taxes
May 10 2006 11:32AM (CT)
SAN ANTONIO (AP) - The city of San Antonio is suing Expedia, Travelocity and other online hotel booking agencies in an attempt to collect occupancy taxes it says the Internet companies aren't paying.
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Toyota profit hits another record
May 10 2006 11:12AM (CT)
TOKYO (AP) - Toyota's profit in the January-March quarter jumped 39 percent as the world's No. 2 automaker marked its sixth straight record fiscal year of booming sales, the company said Wednesday.
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Bank of England lowers '07 growth forecast
May 10 2006 11:04AM (CT)
LONDON (AP) - The Bank of England lowered its 2007 economic growth forecast but lifted its inflationary predictions Wednesday, raising questions about the timing of a widely anticipated rise in interest rates.
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Sirius to launch Catholic radio channel
May 10 2006 11:00AM (CT)
NEW YORK (AP) - Sirius Satellite Radio Inc. said Wednesday it would create a new channel of Catholic-themed programming with the Archdiocese of New York.
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ACA Capital files IPO
May 10 2006 10:43AM (CT)
WASHINGTON (AP) - ACA Capital Holdings Inc., a specialty financial services company, filed an initial public offering Wednesday to sell up to $100 million in common stock.
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Mitel Networks files IPO
May 10 2006 10:43AM (CT)
WASHINGTON (AP) - Canadian communications company Mitel Networks Corp. on Wednesday filed an initial public offering to sell up to $150 million in common stock in the United States and Canada.
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InnerWorkings files for IPO
May 10 2006 10:43AM (CT)
WASHINGTON (AP) - InnerWorkings Inc. registered Wednesday for an initial public offering of up to $100 million in common stock, according to a filing with the Securities and Exchange Commission.
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Greece braces for 24-hour nationwide strike
May 10 2006 10:28AM (CT)
ATHENS, Greece (AP) - Transport services, including flights, are expected to be severely disrupted in Greece on Wednesday as trade unions stage a 24-hour nationwide strike.
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Giant hydropower project jeopardized
May 10 2006 8:55AM (CT)
ROGUN, Tajikistan (AP) - A rusty excavator is stuck partway up a mountain, towering above crumbling control rooms, tunnels and corroding machines and pipes _ an ugly scar against the snowcapped peaks of the Pamir Range.
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TSMC posts 43 percent rise in April sales
May 10 2006 7:56AM (CT)
TAIPEI, Taiwan (AP) - Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker by revenue, said Wednesday its April sales surged 43.7 percent compared with a year ago.
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Deutsche Post names Weber board chairman
May 10 2006 7:47AM (CT)
BERLIN (AP) - German mail and logistics company Deutsche Post AG on Wednesday named board member Juergen Weber as the new chairman of its supervisory board.
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Computer glitch at Citibank Japan fixed
May 10 2006 7:22AM (CT)
TOKYO (AP) - A computer problem at Citibank branches in Japan botched 274,800 bank transactions over the past week, the latest in a string of embarrassments for the largest U.S. financial house in the Japanese market.
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Amgen to open office in Dubai biotech park
May 10 2006 7:17AM (CT)
DUBAI, United Arab Emirates (AP) - American biotechnology company Amgen Inc. announced Wednesday it would open its Mideast headquarters in a Dubai free trade zone developed to lure biotechnology research and development firms.
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Japan's Softbank returns to profit
May 10 2006 7:06AM (CT)
TOKYO (AP) - The Japanese Internet service company Softbank Corp. said Wednesday it returned to profit in the latest quarter, spurred by strong sales in the company's broadband business.
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Alaska lawmakers don't reach oil tax deal
May 10 2006 6:53AM (CT)
JUNEAU, Alaska (AP) - Lawmakers failed Tuesday to agree on a major rewrite of the state's oil tax that is needed to set the stage for a new natural-gas pipeline that would be the largest construction project in the nation's history. Lawmakers were to grapple with the issue again during a special session as soon as Wednesday.
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Farmers urge feds not to change ag policy
May 10 2006 5:56AM (CT)
SAN ANGELO, Texas (AP) - There's no need to fix federal farm policy that's not broken, farmers and livestock producers from the nation's No. 2 agriculture state told members of a congressional committee.
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Livedoor's Horie denies fraud charges
May 10 2006 5:01AM (CT)
TOKYO (AP) - The former president of disgraced Internet startup Livedoor Co. denied accounting fraud charges brought against him in a statement presented Wednesday to prosecutors, one of his lawyers said.
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Japan Airlines sinks into loss
May 10 2006 4:20AM (CT)
TOKYO (AP) - Japan Airlines sank into a 47.2 billion yen loss ($423 million) for the fiscal year through March, as fliers switched in droves to rivals after a spate of safety lapses, the carrier said Wednesday.
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World Bank raises China economic forecast
May 10 2006 4:07AM (CT)
BEIJING (AP) - China's sizzling economy will grow 9.5 percent this year, the World Bank said in a forecast released Wednesday, up from its earlier figure of 9.2 percent.
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Blondie's hubby to headline sandwich chain
May 10 2006 4:01AM (CT)
NEW ORLEANS (AP) - After building his first skyscraper sandwich in a 1936 Blondie comic strip, Dagwood Bumstead _ well, at least the man behind him _ is finally making his daydream of venturing into the food business come alive.
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Nymex to open Sinapore office
May 10 2006 1:00AM (CT)
SINGAPORE (AP) - The New York Mercantile Exchange, the world's largest energy-futures marketplace, will open an office in Singapore on May 17, the company said in a statement late Tuesday.
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China to set up strategic mineral reserves
May 10 2006 12:24AM (CT)
SHANGHAI, China (AP) - China plans to set up strategic reserves for key minerals such as copper, uranium and aluminum, the government says, acting to ensure supplies amid record high prices due to soaring demand.
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Wagoner: Delphi strike can be avoided
May 10 2006 12:21AM (CT)
DETROIT (AP) - General Motors Corp. Chairman and Chief Executive Rick Wagoner said Tuesday that the world's biggest automaker has stockpiled parts in case Delphi Corp. workers go on strike but he believes a strike can be avoided.
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