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Shot clock starts on XM-Sirius merger
Jun 8 2007 11:32PM (CT)
WASHINGTON (AP) - After 3 1/2 months of industry lobbying, congressional hearings and intensive Wall Street analysis, the public will have a chance to weigh in on whether it thinks the proposed merger of the nation's only two satellite radio companies is a good idea.
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FAA computer glitch causes flight delays
Jun 8 2007 10:14PM (CT)
WASHINGTON (AP) - A cascading computer failure in the nation's air-traffic control system caused severe flight delays and some cancellations Friday along the East Coast.
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FAA computer glitch causes flight delays
Jun 8 2007 10:14PM (CT)
WASHINGTON (AP) - A cascading computer failure in the nation's air-traffic control system caused severe flight delays and some cancellations Friday along the East Coast.
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FAA computer glitch causes flight delays
Jun 8 2007 10:14PM (CT)
WASHINGTON (AP) - A cascading computer failure in the nation's air-traffic control system caused severe flight delays and some cancellations Friday along the East Coast.
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Oil prices fall by $2 a barrel
Jun 8 2007 5:56PM (CT)
NEW YORK (AP) - Oil futures plunged by more than $2 a barrel Friday after news that Cyclone Gonu had spared major oil installations in the Gulf of Oman and alleviated supply worries.
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Confidence sinks to 10-month low
Jun 8 2007 4:41PM (CT)
WASHINGTON (AP) - Consumer confidence tumbled to a 10-month low as gyrating gasoline prices and persisting problems in the housing market gnawed at people's sense of economic well-being.
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Treasurys end lower despite rally
Jun 8 2007 4:13PM (CT)
NEW YORK (AP) - Treasury prices were modestly lower late Friday but staged a sizable comeback after an overnight plunge that took the 10-year yield to its highest level in almost a year.
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Treasurys end lower despite rally
Jun 8 2007 4:13PM (CT)
NEW YORK (AP) - Treasury prices were modestly lower late Friday but staged a sizable comeback after an overnight plunge that took the 10-year yield to its highest level in almost a year.
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Vail Resorts' 3Q profit rises
Jun 8 2007 3:22PM (CT)
DENVER (AP) - Vail Resorts Inc. on Friday reported a 15 percent increase in third-quarter earnings as higher lift-ticket sales offset a dip in the number of skiers on its slopes during the challenging winter.
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Hedge funds blast back at TD Ameritrade
Jun 8 2007 3:10PM (CT)
OMAHA, Neb. (AP) - Two hedge funds with stakes in TD Ameritrade Holding Corp. sent a letter to the company Friday demanding that Ameritrade examine potential buyouts by other online brokerages without influence from its largest stakeholder.
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US freezes assets of 4 Iranian companies
Jun 8 2007 2:37PM (CT)
WASHINGTON (AP) - The Bush administration moved Friday to financially clamp down on four Iranian companies suspected of connections to Tehran's nuclear program.
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China blasts U.S. products' safety
Jun 8 2007 12:12PM (CT)
BEIJING (AP) - Certain health supplements and raisins imported from the United States failed to meet Chinese safety standards and have been returned or destroyed, the country's food safety agency said Friday, turning the tables on the U.S. amid growing worries over dangerous Chinese products.
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China blasts U.S. products' safety
Jun 8 2007 12:12PM (CT)
BEIJING (AP) - Certain health supplements and raisins imported from the United States failed to meet Chinese safety standards and have been returned or destroyed, the country's food safety agency said Friday, turning the tables on the U.S. amid growing worries over dangerous Chinese products.
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World markets fall following U.S. drop
Jun 8 2007 12:01PM (CT)
LONDON (AP) - Most Asian and European markets fell Friday following on a tumble in the U.S. a day earlier amid growing speculation a U.S. interest rate cut was unlikely. Declines in Europe were muted, however, and Chinese stocks bucked the trend and rose for a fourth straight session.
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World markets fall following U.S. drop
Jun 8 2007 12:01PM (CT)
LONDON (AP) - Most Asian and European markets fell Friday following on a tumble in the U.S. a day earlier amid growing speculation a U.S. interest rate cut was unlikely. Declines in Europe were muted, however, and Chinese stocks bucked the trend and rose for a fourth straight session.
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Purple Heart Stamps being reissued
Jun 8 2007 11:32AM (CT)
WASHINGTON (AP) - The Postal Service said Friday it plans to reissue the Purple Heart stamp at the new 41-cent rate.
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South Korea opens to US beef imports
Jun 8 2007 9:28AM (CT)
SEOUL, South Korea (AP) - South Korea lifted a de facto ban on American beef imports Friday, after the U.S. confirmed that only two shipments meant for domestic consumption were exported mistakenly, officials said.
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Burger King back in Japan after 6 years
Jun 8 2007 7:10AM (CT)
TOKYO (AP) - Burger King and its famous Whopper burger returned to Japan Friday after a six-year hiatus, and customers who lined up for hours at the first new branch needed no translation to understand "whopper" means "outlandishly huge."
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Burger King back in Japan after 6 years
Jun 8 2007 7:10AM (CT)
TOKYO (AP) - Burger King and its famous Whopper burger returned to Japan Friday after a six-year hiatus, and customers who lined up for hours at the first new branch needed no translation to understand "whopper" means "outlandishly huge."
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Burger King back in Japan after 6 years
Jun 8 2007 7:10AM (CT)
TOKYO (AP) - Burger King and its famous Whopper burger returned to Japan Friday after a six-year hiatus, and customers who lined up for hours at the first new branch needed no translation to understand "whopper" means "outlandishly huge."
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Norilsk Nickel profits more than double
Jun 8 2007 7:09AM (CT)
MOSCOW (AP) - Russian mining giant OAO Norilsk Nickel said Friday that its 2006 net profit more than doubled with help from higher nickel prices, as Canadian miner LionOre expressed support for Norilsk's $6.36 billion takeover bid.
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Bookkeeper gets 4 years for embezzlement
Jun 8 2007 5:18AM (CT)
BOSTON (AP) - A bookkeeper was sentenced to four years in prison for embezzling $6.9 million from a company to spend on such things as a ranch in Vermont, a life-size statue of Al Capone and a private performance by singer Burt Bacharach.
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Dairy stripped of organic certification
Jun 8 2007 5:06AM (CT)
FRESNO, Calif. (AP) - Sales of organic milk are soaring, but watchdogs say some of the dairy products shoppers are consuming may not be as earth-friendly as the labels purport.
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Tokyo stocks fall sharply; dollar up
Jun 8 2007 4:12AM (CT)
TOKYO (AP) - Japanese stocks fell sharply Friday, led by steels, machinery and real estate shares, buffeted by Wall Street's overnight drop and weaker-than-expected Japanese machinery data.
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Bio-factory producing corn-based polymer
Jun 8 2007 12:20AM (CT)
LOUDON, Tenn. (AP) - Railcars filled with a new bioengineered corn-based polymer are already pulling out of chemical giant DuPont Co.'s $100 million joint-venture factory with multinational agri-processor Tate & Lyle PLC. Next stop could be the carpet in your living room.
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Toyota's global hybrid sales top million
Jun 8 2007 12:09AM (CT)
TOKYO (AP) - A decade after the first Prius went on sale, Toyota's global sales of hybrid vehicles have hit a landmark 1 million, underlining the Japanese automaker's lead in "green" technology that has changed the face of the auto industry.
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