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Economists foresee 2007 growth
May 20 2007 11:30PM (CT)
WASHINGTON (AP) - Weighed down by a housing slump, the economy in 2007 will log its most sluggish growth in five years. But that showing should not cause businesses to really clamp down on hiring, economic forecasters say.
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Aerospace companies seek young recruits
May 20 2007 9:02PM (CT)
LOS ANGELES (AP) - Justin Wong, an aerospace engineering student from the Massachusetts Institute of Technology, was schmoozing on Facebook.com last fall when he came across a sleek Boeing job ad.
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Unicredit, Capitalia approve merger
May 20 2007 8:49PM (CT)
ROME (AP) - The boards of Unicredit SpA and Capitalia Spa approved their banks' planned merger, a deal that will create Europe's second-largest bank, the banks said in a joint statement.
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Wildfire spots spook insurance companies
May 20 2007 7:30PM (CT)
SANTA ANA, Calif. (AP) - Spooked by devastating wildfire seasons, the nation's top insurers are inspecting homes in high-risk areas throughout the West and threatening to cancel coverage if owners don't clear brush or take other precautions.
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China to invest $3 billion in Blackstone
May 20 2007 6:09PM (CT)
NEW YORK (AP) - The Chinese government has agreed to acquire a $3 billion stake in U.S. private equity firm Blackstone Group LP in a deal that marks China's long-anticipated move to diversify how it invests its massive foreign exchange reserve.
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U.S. gas prices jump more than 11 cents
May 20 2007 5:25PM (CT)
CAMARILLO, Calif. (AP) - The average price of self-serve regular gasoline hit a record high of $3.18, rising more than 11 cents over the past two weeks, according to a nationwide survey released Sunday.
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Stats show differing trends for drivers
May 20 2007 3:44PM (CT)
NEW YORK (AP) - With gasoline prices hitting records above $3 a gallon, analysts are watching closely for any hints that motorists are altering their behavior. This vigilance has led to an undisputed conclusion _ that federal statistics reveal contradictory trends _ and an unresolved debate.
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Ala., Germany have Mercedes, rocket ties
May 20 2007 2:41PM (CT)
BIRMINGHAM, Ala. (AP) - A partnership with roots in luxury automobiles and moon rockets is thriving between Alabama and Germany, with ThyssenKrupp AG only the latest German company to locate in the state.
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Northwest shares could debut overpriced
May 20 2007 2:21PM (CT)
MINNEAPOLIS (AP) - Northwest Airlines Corp. is hoping for the highest valuation in its history when it emerges from bankruptcy protection May 31. But there are signs that it may be a little rich for some investors.
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Private equity buyouts raise issues
May 20 2007 1:58PM (CT)
WILMINGTON, Del. (AP) - Judges in Delaware's famed business court are keeping a close eye on legal issues cropping up amid the recent wave of private equity buyouts of public corporations.
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Some in Silicon Valley want Gore to run
May 20 2007 11:42AM (CT)
PALO ALTO, Calif. (AP) - Even with 18 presidential candidates to choose from, it is Al Gore who draws the allegiance of many high-tech elite.
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Some in Silicon Valley want Gore to run
May 20 2007 11:42AM (CT)
PALO ALTO, Calif. (AP) - Even with 18 presidential candidates to choose from, it is Al Gore who draws the allegiance of many high-tech elite.
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Some in Silicon Valley want Gore to run
May 20 2007 11:42AM (CT)
PALO ALTO, Calif. (AP) - Even with 18 presidential candidates to choose from, it is Al Gore who draws the allegiance of many high-tech elite.
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Lawyer-scientists cash in on patent law
May 20 2007 11:37AM (CT)
PHILADELPHIA (AP) - In a span of seven years, Loretta Weathers moved from a plasma physics laboratory at MIT to a federal courtroom, trading long days of crunching data for the adrenalin rush of high-stakes litigation.
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N. Korean ship sails in South waters
May 20 2007 2:14AM (CT)
SEOUL, South Korea (AP) - A North Korean cargo ship arrived in South Korean waters for the first time in more than 50 years on Sunday, as commercial shipping services began to open up between the divided countries, officials said.
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