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Latest Business News Archives for June 1, 2007

Minn. man sues fired Wal-Mart executive
Jun 1 2007 10:24PM (CT)
BENTONVILLE, Ark. (AP) - A Minnesota businessman says he was defamed by a fired Wal-Mart executive's claim that he provided favors and services to the chief executive of the retail giant.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
Toyota, GM lift U.S. auto sales in May
Jun 1 2007 6:59PM (CT)
DETROIT (AP) - When gasoline prices rise, the biggest beneficiary in the auto industry seems to be Toyota. Riding record sales of its Prius hybrid and increased sales of the Camry, Corolla, Yaris and other cars, Toyota posted a U.S. sales gain of 14.1 percent in May for its highest monthly total ever.
 
GAO: U.S. gives oil firms good deals
Jun 1 2007 5:48PM (CT)
WASHINGTON (AP) - When it comes to taking oil and natural gas from government land and waters, the oil companies are getting a good deal, says a congressional report.
 
Gas, oil futures jump on supply worries
Jun 1 2007 5:48PM (CT)
NEW YORK (AP) - Gasoline and oil futures jumped Friday on continued concerns that domestic refineries aren't producing enough gas to meet peak summer driving demand.
 
Dow Jones family puts company in play
Jun 1 2007 5:47PM (CT)
NEW YORK (AP) - The family that controls Dow Jones & Co. says it is warming to the idea of selling the company to Rupert Murdoch or someone else, citing the "evolving competitive environment" in which the publisher of The Wall Street Journal operates.
 
Dow Jones family puts company in play
Jun 1 2007 5:47PM (CT)
NEW YORK (AP) - The family that controls Dow Jones & Co. says it is warming to the idea of selling the company to Rupert Murdoch or someone else, citing the "evolving competitive environment" in which the publisher of The Wall Street Journal operates.
 
Wal-Mart plans to trim store growth
Jun 1 2007 5:47PM (CT)
FAYETTEVILLE, Ark. (AP) - Wal-Mart gave investors something on Friday they haven't seen in some time: a reason to pour some money into its shares. The world's largest retailer, under pressure by investors to improve its sales, is trimming its store growth as it balances its traditional focus on low prices with a push to be a force for change in such areas as health care and the environment.
 
Wal-Mart plans to trim store growth
Jun 1 2007 5:47PM (CT)
FAYETTEVILLE, Ark. (AP) - Wal-Mart gave investors something on Friday they haven't seen in some time: a reason to pour some money into its shares. The world's largest retailer, under pressure by investors to improve its sales, is trimming its store growth as it balances its traditional focus on low prices with a push to be a force for change in such areas as health care and the environment.
 
Treasury prices decline on data
Jun 1 2007 4:13PM (CT)
NEW YORK (AP) - A raft of overall stronger economic data pushed U.S. Treasury bond prices to hit fresh lows Friday, as investors grew decidedly less convinced of an impending ease in interest rates.
 
Treasury prices decline on data
Jun 1 2007 4:13PM (CT)
NEW YORK (AP) - A raft of overall stronger economic data pushed U.S. Treasury bond prices to hit fresh lows Friday, as investors grew decidedly less convinced of an impending ease in interest rates.
 
Whole Foods aims for British food market
Jun 1 2007 2:36PM (CT)
LONDON (AP) - Tasting stands, organic apples stacked ceiling high, yoga and an organic pub _ supermarket shopping in Britain is about to become a lot less mundane.
 
Whole Foods aims for British food market
Jun 1 2007 2:36PM (CT)
LONDON (AP) - Tasting stands, organic apples stacked ceiling high, yoga and an organic pub _ supermarket shopping in Britain is about to become a lot less mundane.
 
Regulators delay ruling on BP gas field
Jun 1 2007 1:35PM (CT)
MOSCOW (AP) - Regulators postponed a decision Friday on revoking the license of BP PLC's Russian joint venture for a giant gas field, days before President Vladimir Putin heads into a Group of Eight summit amid grumbles about the Kremlin using energy as a political weapon.
 
N.Y. ends ticket scalping caps
Jun 1 2007 11:55AM (CT)
ALBANY, N.Y. (AP) - Open your wallets, Yankees fans. New York scalpers can now legally sell tickets to the highest bidder without fear of getting pinched.
 
Dollar gains on euro
Jun 1 2007 11:19AM (CT)
BERLIN (AP) - The dollar gained against the euro with the release of U.S. employment data Friday, taking back some of the ground lost a day prior on disappointing growth figures from the world's biggest economy.
 
Dollar gains on euro
Jun 1 2007 11:19AM (CT)
BERLIN (AP) - The dollar gained against the euro with the release of U.S. employment data Friday, taking back some of the ground lost a day prior on disappointing growth figures from the world's biggest economy.
 
U.S. manufacturing sector expands
Jun 1 2007 11:17AM (CT)
NEW YORK (AP) - For the fourth month in a row, the nation's factories, plants, mines and utilities, among others, have been humming along, overcoming rising prices for food and fuel that have helped drag down the rest of the economy.
 
Euro-area growth slows to 3 percent
Jun 1 2007 9:23AM (CT)
BRUSSELS, Belgium (AP) - Economic growth in the euro area slowed to 3 percent while the EU as a whole expanded by a slower 3.2 percent in the first three months of the year as household spending barely moved, the European Union said Friday.
 
AstraZeneca's MedImmune bid a 'success'
Jun 1 2007 9:21AM (CT)
GAITHERSBURG, Md. (AP) - British pharmaceutical company AstraZeneca PLC said Friday that its tender offer for shares of biotech company MedImmune Inc. was a "success," allowing it to go forward with a planned takeover of the drug maker.
 
Precious metals prices climb
Jun 1 2007 6:16AM (CT)
NEW YORK (AP) - Gold prices rose Thursday as the U.S. dollar fell in response to the government's weaker-than-expected reading on first-quarter gross domestic product.
 
KFC Japan finds glass, pulls cabbage
Jun 1 2007 6:01AM (CT)
TOKYO (AP) - Kentucky Fried Chicken Japan pulled four cabbage products from 228 stores in Tokyo and neighboring areas after two customers damaged their teeth on glass found in their cole slaw, the company said Friday.
 
Chinese stocks close down 2.7 percent
Jun 1 2007 3:34AM (CT)
BEIJING (AP) - Chinese stocks dropped Friday for a second time in three days following government efforts to cool a sizzling market that economists worry may be creating a price bubble.
 
California expects record almond crop
Jun 1 2007 2:46AM (CT)
LIVINGSTON, Calif. (AP) - They may have started as a few trees planted by Spanish missionaries, but almonds are now a big crop in California, where ideal climate and irrigation have let the nuts bloom into a $2 billion-a-year business.
 
California expects record almond crop
Jun 1 2007 2:46AM (CT)
LIVINGSTON, Calif. (AP) - They may have started as a few trees planted by Spanish missionaries, but almonds are now a big crop in California, where ideal climate and irrigation have let the nuts bloom into a $2 billion-a-year business.
 
   

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