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Japanese stocks climb; dollar down vs. yen
May 28 2006 11:58PM (CT)
TOKYO (AP) - Japanese stocks rose for a second day Monday morning, lifted by gains in steel stocks and issues sensitive to domestic demand, after a three-week slump. The dollar fell against the yen.
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Quest for energy alternatives heats up
May 28 2006 10:57PM (CT)
CHICAGO (AP) - The future of energy is bright in Said Al-Hallaj's invention lab at the Illinois Institute of Technology, and not just because of the solar window that lies in development on a table.
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Mine casualties rise with coal prices
May 28 2006 10:14PM (CT)
HARLAN, Ky. (AP) - In the coalfields of eastern Kentucky, it's known as the hoot owl shift. In those wee morning hours, while most people in this small eastern Kentucky town are sleeping, miners wearing hard hats, steel-toed boots and layers of black dust are still at work, deep underground.
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Koreas to hold new economic talks
May 28 2006 9:12PM (CT)
SEOUL, South Korea (AP) - South and North Korea will hold a new round of economic talks this weekend on South Korea's southern island of Jeju, the South's Unification Ministry said Monday.
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Wal-Mart reports 2.3 percent gain in May
May 28 2006 7:53PM (CT)
BENTONVILLE, Ark. (AP) - Wal-Mart Stores, Inc., the world's largest retailer, reported a 2.3 percent gain for the May reporting period at stores open at least a year.
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Refinery spending may cut into gas price
May 28 2006 7:06PM (CT)
DUBAI, United Arab Emirates (AP) - Oil companies and other investors are spending a collective $100 billion on new oil refineries that could alleviate the current bottleneck in refining capacity _ and eventually translate into a small cut in the price of gasoline, a top project financier said here Sunday.
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Economic news could trouble Wall Street
May 28 2006 7:05PM (CT)
NEW YORK (AP) - Although Wall Street has shown signs of recuperating from its recent selloff, this week's batch of critical economic reports could easily shatter investors' fragile optimism and send stocks sliding again.
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Report: Mittal aims to derail Arcelor bid
May 28 2006 7:04PM (CT)
NEW YORK (AP) - Mittal Steel Co. is racing to arrange support among Arcelor SA shareholders for a special meeting aimed at derailing Arcelor's proposed combination with Russian steelmaker OAO Severstal, according to a newspaper report Sunday.
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Honda plant would be a boon for Ohio
May 28 2006 4:24PM (CT)
DAYTON, Ohio (AP) - There is more at stake for Ohio than just 1,500 high-paying jobs in the fight for where Honda Motor Co. will build a new, $400 million auto-assembly plant.
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Ex-Livedoor chief's lawyer defends client
May 28 2006 2:56PM (CT)
TOKYO (AP) - The lawyer for Takafumi Horie, the disgraced former president of Internet venture star Livedoor Co., said Sunday that his client is innocent of stock fraud charges because he wasn't in a position to know everything his colleagues were doing.
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Lab focuses on alternatives to gasoline
May 28 2006 1:55PM (CT)
ARGONNE, Ill. (AP) - It's like a giant rolling Erector Set for engineers who really like to play around with automotive components. Formally called the Mobile Automotive Technology Testbed, or MATT, the bare-bones chassis plays a vital part in the research at Argonne National Laboratory into new ways to power vehicles.
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Rising loonie benefits Maine merchants
May 28 2006 1:40PM (CT)
OLD ORCHARD BEACH, Maine (AP) - With Canada's currency at a 28-year high against the U.S. dollar, business owners on this side of the border are getting ready for an influx of tourists from the north.
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Lay, Skilling gambled and lost on stand
May 28 2006 6:23AM (CT)
HOUSTON (AP) - For more than two years, Kenneth Lay portrayed his prosecution as a witch hunt that rose from the rubble of Enron Corp. It was no secret that he planned to testify in his own defense. And a lawyer for Jeffrey Skilling, Lay's co-defendant in the historic, four-month fraud and conspiracy trial, told jurors of his client: "You could not keep him off that witness stand."
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Internet jukeboxes offer countless tunes
May 28 2006 2:06AM (CT)
BOSTON (AP) - The Sevens, a beer-and-wine tavern with an oak bar worn smooth by decades of drinkers, has two amenities that set it apart: a real cork dart board, and arguably one of the best jukeboxes east of the Mississippi River. This spring, the tavern took a leap into the digital age with a new Internet-fueled jukebox that can access hundreds of thousands of songs.
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