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Latest Business News Archives for May 12, 2007

Dual-use devices vex export regulators
May 12 2007 11:04PM (CT)
SAN JOSE, Calif. (AP) - The shaker machines built by Data Physics Corp. and exported to China can rattle locomotives. Or they can rattle missiles.
 
Reports: Cerberus top Chrysler contender
May 12 2007 9:14PM (CT)
AUBURN HILLS, Mich. (AP) - Private equity firm Cerberus Capital Management LP may be the top contender to buy control of DaimlerChrysler AG's struggling Chrysler Group, though other bidders remained in the mix, according to newspaper reports Saturday.
 
Studios prepare for possible strikes
May 12 2007 3:35PM (CT)
LOS ANGELES (AP) - Hollywood studios are speeding production on movies and TV shows, preparing for a possible strike by writers and more trouble next year when contracts with actors and directors expire.
 
AP Centerpiece: U.S. brands get to Cuba
May 12 2007 2:14PM (CT)
HAVANA (AP) - The golden arches are nowhere to be found. There's not a single Starbucks or Wal-Mart, and no way to buy a Budweiser, a Corvette or a Dell.
 
New Pakistani port draws mixed reviews
May 12 2007 12:52PM (CT)
GWADAR, Pakistan (AP) - By the waters of the Arabian Sea, a remote Pakistani fishing town is being transformed into a massive deep sea port to cash in on the inexorable rise of the Chinese economy.
 
New Pakistani port draws mixed reviews
May 12 2007 12:52PM (CT)
GWADAR, Pakistan (AP) - By the waters of the Arabian Sea, a remote Pakistani fishing town is being transformed into a massive deep sea port to cash in on the inexorable rise of the Chinese economy.
 
New Pakistani port draws mixed reviews
May 12 2007 12:52PM (CT)
GWADAR, Pakistan (AP) - By the waters of the Arabian Sea, a remote Pakistani fishing town is being transformed into a massive deep sea port to cash in on the inexorable rise of the Chinese economy.
 
New Pakistani port draws mixed reviews
May 12 2007 12:52PM (CT)
GWADAR, Pakistan (AP) - By the waters of the Arabian Sea, a remote Pakistani fishing town is being transformed into a massive deep sea port to cash in on the inexorable rise of the Chinese economy.
 
New Pakistani port draws mixed reviews
May 12 2007 12:52PM (CT)
GWADAR, Pakistan (AP) - By the waters of the Arabian Sea, a remote Pakistani fishing town is being transformed into a massive deep sea port to cash in on the inexorable rise of the Chinese economy.
 
Hedge fund managers step up activism
May 12 2007 12:41PM (CT)
WASHINGTON (AP) - With Congress always looking for new ways to boost tax receipts and protect individual investors, it's natural for hedge fund managers to worry that they have a bull's-eye on their chests _ especially now that word is out that some of them made more than $1 billion apiece last year.
 
Hedge fund managers step up activism
May 12 2007 12:41PM (CT)
WASHINGTON (AP) - With Congress always looking for new ways to boost tax receipts and protect individual investors, it's natural for hedge fund managers to worry that they have a bull's-eye on their chests _ especially now that word is out that some of them made more than $1 billion apiece last year.
 
Hedge fund managers step up activism
May 12 2007 12:41PM (CT)
WASHINGTON (AP) - With Congress always looking for new ways to boost tax receipts and protect individual investors, it's natural for hedge fund managers to worry that they have a bull's-eye on their chests _ especially now that word is out that some of them made more than $1 billion apiece last year.
 
Russia strikes natural gas pipeline deal
May 12 2007 5:36AM (CT)
TURKMENBASHI, Turkmenistan (AP) - The leaders of Russia, Turkmenistan and Kazakhstan reached a landmark pipeline deal on Saturday that will strengthen Moscow's control over Central Asia's energy export routes.
 
S.Korean tycoon arrested, taken to jail
May 12 2007 1:22AM (CT)
SEOUL, South Korea (AP) - A South Korean business tycoon was behind bars Saturday after his arrest for allegedly beating up bar workers in retaliation for an attack on his 22-year old son.
 
S.Korean tycoon arrested, taken to jail
May 12 2007 1:22AM (CT)
SEOUL, South Korea (AP) - A South Korean business tycoon was behind bars Saturday after his arrest for allegedly beating up bar workers in retaliation for an attack on his 22-year old son.
 
Alaska OKs natural gas pipeline bill
May 12 2007 1:13AM (CT)
JUNEAU, Alaska (AP) - Both houses of the Alaska Legislature on Friday approved a bill establishing a path for a multibillion dollar natural gas project designed to tap a huge heating fuel supply and transport it to the rest of the country.
 
Carlyle Group to sell shares to public
May 12 2007 1:09AM (CT)
WASHINGTON (AP) - Private-equity firm the Carlyle Group LP will for the first time sell shares to the public in one of its investment funds, a person familiar with the matter said Friday.
 
Splenda settles with Equal over claims
May 12 2007 1:08AM (CT)
PHILADELPHIA (AP) - The maker of Splenda on Friday settled a lawsuit over its disputed advertising slogan _ "Made from sugar so it tastes like sugar" _ just after the jury reached a verdict that would have gone against the market-leading artificial sweetener.
 
3 steel company execs kidnapped in India
May 12 2007 1:07AM (CT)
NEW DELHI (AP) - Three Indian officials working for a South Korean steel company were taken hostage Friday by activists who contend that the company's plan to build a plant in eastern India would displace thousands of people.
 
   

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