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Japan, U.S. hold beef import talks
Jun 26 2007 11:37PM (CT)
TOKYO (AP) - Japan and the U.S. began a two-day meeting on U.S. beef imports Wednesday to exchange views as the U.S. calls for an easing of Japan's tough import restrictions.
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Japan, U.S. hold beef import talks
Jun 26 2007 11:37PM (CT)
TOKYO (AP) - Japan and the U.S. began a two-day meeting on U.S. beef imports Wednesday to exchange views as the U.S. calls for an easing of Japan's tough import restrictions.
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Nike 4Q profits jump 32 percent
Jun 26 2007 6:56PM (CT)
PORTLAND, Ore. (AP) - Nike Inc. said Tuesday its fiscal fourth-quarter net income jumped 32 percent because of strong gains in overseas markets, subsidiary business and future orders for the world's largest athletic shoe and clothing company.
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Exxon, ConocoPhillips say no to Chavez
Jun 26 2007 6:04PM (CT)
CARACAS, Venezuela (AP) - Exxon Mobil Corp. and ConocoPhillips refused to sign deals Tuesday to keep pumping heavy oil under tougher terms in Venezuela's Orinoco River basin, signaling their departure from one of the world's largest oil deposits.
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Exxon, ConocoPhillips say no to Chavez
Jun 26 2007 6:04PM (CT)
CARACAS, Venezuela (AP) - Exxon Mobil Corp. and ConocoPhillips refused to sign deals Tuesday to keep pumping heavy oil under tougher terms in Venezuela's Orinoco River basin, signaling their departure from one of the world's largest oil deposits.
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Exxon, ConocoPhillips say no to Chavez
Jun 26 2007 6:04PM (CT)
CARACAS, Venezuela (AP) - Exxon Mobil Corp. and ConocoPhillips refused to sign deals Tuesday to keep pumping heavy oil under tougher terms in Venezuela's Orinoco River basin, signaling their departure from one of the world's largest oil deposits.
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Dow, Murdoch in agreement on safeguards
Jun 26 2007 5:45PM (CT)
NEW YORK (AP) - Dow Jones & Co. and News Corp. agreed broadly on measures to protect the editorial independence of The Wall Street Journal under ownership by Rupert Murdoch's media conglomerate, clearing away a major hurdle in the way of a deal, a person familiar with the matter said Tuesday.
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Dow, Murdoch in agreement on safeguards
Jun 26 2007 5:45PM (CT)
NEW YORK (AP) - Dow Jones & Co. and News Corp. agreed broadly on measures to protect the editorial independence of The Wall Street Journal under ownership by Rupert Murdoch's media conglomerate, clearing away a major hurdle in the way of a deal, a person familiar with the matter said Tuesday.
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Dow, Murdoch in agreement on safeguards
Jun 26 2007 5:45PM (CT)
NEW YORK (AP) - Dow Jones & Co. and News Corp. agreed broadly on measures to protect the editorial independence of The Wall Street Journal under ownership by Rupert Murdoch's media conglomerate, clearing away a major hurdle in the way of a deal, a person familiar with the matter said Tuesday.
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Lennar reports $244.2M 2nd-quarter loss
Jun 26 2007 5:34PM (CT)
MIAMI (AP) - Lennar Corp.'s struggles may not be over any time soon, with the housing market showing no signs of recovery. The Miami-based company, one of the nation's leading homebuilders, said Tuesday it stumbled to a second-quarter loss as inventories of unsold homes rose. The company cut prices and offered more incentives to attract skittish buyers.
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Bear puts bailout at $1.6 billion
Jun 26 2007 5:29PM (CT)
NEW YORK (AP) - Investors following the near-collapse of two hedge funds managed by Bear Stearns Cos. might be a little bit like a homeowner watching the house down the block catch fire.
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Fed to cut check-processing facilities
Jun 26 2007 5:06PM (CT)
WASHINGTON (AP) - People are writing fewer checks, so the Federal Reserve is consolidating most check-processing operations into four regional centers and cutting 1,740 positions around the country.
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Senate Republicans block union bill
Jun 26 2007 4:54PM (CT)
WASHINGTON (AP) - Senate Republicans on Tuesday blocked a bill that would have allowed labor organizations to unionize workplaces without secret ballot elections.
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Treasury bonds slide on tepid data
Jun 26 2007 4:29PM (CT)
NEW YORK (AP) - Treasury bonds closed slightly down Tuesday, as a full morning of economic reports failed to affect prices much.
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Treasury bonds slide on tepid data
Jun 26 2007 4:29PM (CT)
NEW YORK (AP) - Treasury bonds closed slightly down Tuesday, as a full morning of economic reports failed to affect prices much.
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Consumer confidence falls in June
Jun 26 2007 4:05PM (CT)
NEW YORK (AP) - Consumer confidence slid in June as Americans began to worry that high gas prices and a slumping housing industry may be undermining the health of the job market.
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Consumer confidence falls in June
Jun 26 2007 4:05PM (CT)
NEW YORK (AP) - Consumer confidence slid in June as Americans began to worry that high gas prices and a slumping housing industry may be undermining the health of the job market.
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Consumer confidence falls in June
Jun 26 2007 4:05PM (CT)
NEW YORK (AP) - Consumer confidence slid in June as Americans began to worry that high gas prices and a slumping housing industry may be undermining the health of the job market.
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Consumer confidence falls in June
Jun 26 2007 4:05PM (CT)
NEW YORK (AP) - Consumer confidence slid in June as Americans began to worry that high gas prices and a slumping housing industry may be undermining the health of the job market.
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Kroger profit up 10 percent
Jun 26 2007 3:31PM (CT)
CINCINNATI (AP) - Kroger Co., the nation's largest traditional supermarket chain, said Tuesday first-quarter profit jumped 10 percent but was slowed by labor unrest. Its shares sank more than 6 percent Tuesday.
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Altria closing North Carolina plant
Jun 26 2007 3:28PM (CT)
RICHMOND, Va. (AP) - Altria Group Inc., parent of the Philip Morris cigarette companies, will cut in half its U.S. manufacturing base, closing a North Carolina plant that employs 2,500 as it moves cigarette production for non-U.S. markets to Europe.
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Gold, silver prices fall
Jun 26 2007 2:49PM (CT)
NEW YORK (AP) - Gold and silver prices tumbled Tuesday as traders took money off the table ahead of the Federal Reserve's meeting this week on interest rates.
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Stocks seesaw ahead of Fed rate decision
Jun 26 2007 2:31PM (CT)
NEW YORK (AP) - Wall Street staggered through an erratic session Tuesday, alternately surging and retreating as investors parsed unimpressive data on home sales and consumer confidence and awaited the Federal Reserve's meeting on interest rates.
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Dollar up slightly against euro
Jun 26 2007 10:57AM (CT)
BERLIN (AP) - The dollar edged up against the euro Tuesday despite a disappointing round of U.S. economic data.
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Dollar up slightly against euro
Jun 26 2007 10:57AM (CT)
BERLIN (AP) - The dollar edged up against the euro Tuesday despite a disappointing round of U.S. economic data.
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Oil, gas prices off on report prediction
Jun 26 2007 10:43AM (CT)
NEW YORK (AP) - Oil and gas futures prices retreated Tuesday on expectations that a government inventory report on Wednesday will again show that crude and gasoline stocks rose last week.
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Conoco said to refuse Venezuela oil pact
Jun 26 2007 10:40AM (CT)
HOUSTON (AP) - ConocoPhillips will not sign an agreement with Venezuelan President Hugo Chavez for minority stakes in state-run joint ventures to keep pumping heavy crude oil, a company official familiar with the negotiations said Tuesday.
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SEC to be asked about its leanings
Jun 26 2007 10:39AM (CT)
WASHINGTON (AP) - All five members of the Securities and Exchange Commission are being asked by Congress to defend the watchdog agency against accusations that it may be tilting toward business interests and away from investors.
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French retail giant Carrefour is fined
Jun 26 2007 8:23AM (CT)
PARIS (AP) - French retail giant Carrefour said Tuesday it was fined euro2 million (US$2.69 million) by a French regional court for false advertising, selling items below cost and collusion with suppliers at its hypermarket chain in France.
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Sale of Amro unit is called legal
Jun 26 2007 6:57AM (CT)
AMSTERDAM, Netherlands (AP) - ABN Amro does not need shareholder approval to sell its U.S. arm, a top Dutch government lawyer said Tuesday in an advisory opinion that increases the chances that the bank will ultimately be bought by Barclays.
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China launches $1B African trade fund
Jun 26 2007 5:10AM (CT)
BEIJING (AP) - China launched a $1 billion fund Tuesday to finance trade and investment by Chinese companies in Africa as part of efforts to nurture commercial ties with the resource-rich continent.
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BAE Systems subject to investigation
Jun 26 2007 4:18AM (CT)
LONDON (AP) - BAE Systems PLC said Tuesday that the U.S. Department of Justice has begun an investigation of the company's dealings with Saudi Arabia.
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S.Korea: U.S. beef companies can export
Jun 26 2007 4:17AM (CT)
SEOUL, South Korea (AP) - South Korea lifted a suspension on imports of American beef from two U.S. meat companies Tuesday after the U.S. confirmed that three shipments meant for domestic consumption were exported by mistake, officials said.
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Farm officials unhappy with label program
Jun 26 2007 4:02AM (CT)
BISMARCK, N.D. (AP) - More than three months after regulators in the United States and Canada announced that pesticides and herbicides in the two countries could be jointly labeled, only two farm chemicals are using the process.
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NYC opening tourism offices in Asia
Jun 26 2007 12:13AM (CT)
NEW YORK (AP) - New York City tourism officials have reached a deal with the Chinese government to join a select group of American destinations with permission to promote themselves in the Communist nation.
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Payless ShoeSource to sell Dexter brand
Jun 26 2007 12:12AM (CT)
KANSAS CITY, Mo. (AP) - Payless ShoeSource Inc. will become the exclusive U.S. seller of Dexter brand shoes, adding a big piece to Payless' strategy of distancing itself from its bargain-bin shoe past, the companies said Tuesday.
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