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China's product safety woes continue
Jun 27 2007 11:34PM (CT)
BEIJING (AP) - China's shoddy product safety record took another hit Wednesday after Japanese importers recalled toothpaste containing a chemical used in antifreeze, a move that came on the heels of accusations by a U.S. company that its Chinese partner was supplying faulty tires.
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Guitar Center agrees to $1.9B buyout
Jun 27 2007 11:21PM (CT)
WESTLAKE VILLAGE, Calif. (AP) - Guitar Center Inc., the largest U.S. musical instrument retailer, said Wednesday its board had accepted a $1.9 billion cash buyout offer from a private equity firm.
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Tips for starting a home-based business
Jun 27 2007 11:20PM (CT)
SAN FRANCISCO (AP) - For Lindsay Holt, starting a business two years ago with her new husband already has paid off in an end run around maternal guilt.
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Water-repellent coatings hold promise
Jun 27 2007 11:18PM (CT)
AUSTIN, Texas (AP) - Aircraft that won't accumulate ice while awaiting winter takeoff. Engine parts with self-cleaning capabilities to boost efficiency. Even automobiles or toilet bowls that require little to no washing. All could be commonplace someday if ongoing research proves successful into "superhydrophobic" _ or extremely water-repellent _ coatings that are durable enough for metal and ceramics. The idea is that moisture will simply bead up and roll off, picking up dirt particles along th
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Oil prices climb above $69 a barrel
Jun 27 2007 11:16PM (CT)
SINGAPORE (AP) - Oil prices edged higher in Asian trading Thursday following a U.S. government report that showed an unexpected fall in gasoline stocks amid peak summer driving season demand.
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America's big cities are getting smaller
Jun 27 2007 11:09PM (CT)
WASHINGTON (AP) - Phoenix has overtaken Philadelphia as the nation's fifth largest city, underscoring decades of population losses in America's big industrial centers.
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Fashion designer Liz Claiborne dies
Jun 27 2007 10:40PM (CT)
NEW YORK (AP) - Fashion designer Liz Claiborne revolutionized the way working women put together their wardrobes because she was one of them. She made it easy for them as they pioneered up corporate ladders in the 1970s and 1980s, offering coordinated outfits at once serious and stylish, but also affordable.
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Fashion designer Liz Claiborne dies
Jun 27 2007 10:40PM (CT)
NEW YORK (AP) - Fashion designer Liz Claiborne revolutionized the way working women put together their wardrobes because she was one of them. She made it easy for them as they pioneered up corporate ladders in the 1970s and 1980s, offering coordinated outfits at once serious and stylish, but also affordable.
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Fashion designer Liz Claiborne dies
Jun 27 2007 10:40PM (CT)
NEW YORK (AP) - Fashion designer Liz Claiborne revolutionized the way working women put together their wardrobes because she was one of them. She made it easy for them as they pioneered up corporate ladders in the 1970s and 1980s, offering coordinated outfits at once serious and stylish, but also affordable.
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Adelphia execs heading to prison
Jun 27 2007 10:36PM (CT)
NEW YORK (AP) - Their appeals all but exhausted, Adelphia Communications founder John Rigas and his son, Timothy, will head to prison on Aug. 13 for their role in one of the largest corporate frauds in U.S. history.
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Adelphia execs heading to prison
Jun 27 2007 10:36PM (CT)
NEW YORK (AP) - Their appeals all but exhausted, Adelphia Communications founder John Rigas and his son, Timothy, will head to prison on Aug. 13 for their role in one of the largest corporate frauds in U.S. history.
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EU, U.S. reach deal on passenger data
Jun 27 2007 7:47PM (CT)
BRUSSELS, Belgium (AP) - European negotiators reached a provisional deal with the United States on Wednesday, ending a year of wrangling over how to share information about trans-Atlantic air passengers that Washington says is needed to fight terrorism.
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Netflix settles suit vs Blockbuster
Jun 27 2007 6:24PM (CT)
SAN FRANCISCO (AP) - Online DVD rental service Netflix Inc. has settled a patent infringement lawsuit against Blockbuster Inc., ending an attempt to thwart the rapid growth of its biggest rival.
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Hanesbrands to cut 5,300 jobs
Jun 27 2007 5:27PM (CT)
CHARLOTTE, N.C. (AP) - Hanesbrands Inc. will cut 5,300 jobs, or 11 percent of its current work force, and close nine sewing and assembly operations as it moves production to lower-cost sites in Asia and Central America.
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SEC examines Bear Stearns' troubles
Jun 27 2007 5:25PM (CT)
WASHINGTON (AP) - The Securities and Exchange Commission is examining the near-collapse of two Bear Stearns hedge funds that made bad bets on the mortgage market.
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ConAgra 4Q profit jumps, shares rise
Jun 27 2007 5:22PM (CT)
OMAHA, Neb. (AP) - ConAgra Foods Inc.'s fourth-quarter profit soared on strong results from its commodities trading division and a comparison with results a year ago that were depressed by restructuring charges.
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Capital One to cut about 2,000 jobs
Jun 27 2007 5:13PM (CT)
CHARLOTTE, N.C. (AP) - Capital One Corp. said Wednesday it expects to eliminate about 2,000 jobs, or a little more than 6 percent of its work force, throughout the company as part of a cost-cutting program designed to save $700 million by 2009.
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Fed begins 2-day meet on interest rates
Jun 27 2007 3:48PM (CT)
WASHINGTON (AP) - Keeping inflation under control as the economy emerges from a yearlong sluggish spell is certain to be a matter of lively debate for Federal Reserve policymakers.
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Energy up, other markets mixed
Jun 27 2007 2:48PM (CT)
NEW YORK (AP) - Energy prices rallied Wednesday after the government reported a surprising drop in U.S. stockpiles of gasoline and distillates such as heating oil and diesel fuel.
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Energy up, other markets mixed
Jun 27 2007 2:48PM (CT)
NEW YORK (AP) - Energy prices rallied Wednesday after the government reported a surprising drop in U.S. stockpiles of gasoline and distillates such as heating oil and diesel fuel.
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Paulson reviewing financial regulations
Jun 27 2007 1:53PM (CT)
WASHINGTON (AP) - The Bush administration plans to review the government's regulatory system for financial institutions with the goal of making changes to better reflect modern markets.
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EU blocks Ryanair bid for Aer Lingus
Jun 27 2007 1:06PM (CT)
BRUSSELS, Belgium (AP) - EU regulators blocked a hostile takeover bid by low-fare carrier Ryanair for Ireland's Aer Lingus on Wednesday, saying it would limit consumer choice and likely boost ticket prices.
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EU blocks Ryanair bid for Aer Lingus
Jun 27 2007 1:06PM (CT)
BRUSSELS, Belgium (AP) - EU regulators blocked a hostile takeover bid by low-fare carrier Ryanair for Ireland's Aer Lingus on Wednesday, saying it would limit consumer choice and likely boost ticket prices.
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EU blocks Ryanair bid for Aer Lingus
Jun 27 2007 1:06PM (CT)
BRUSSELS, Belgium (AP) - EU regulators blocked a hostile takeover bid by low-fare carrier Ryanair for Ireland's Aer Lingus on Wednesday, saying it would limit consumer choice and likely boost ticket prices.
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Treasury bonds extend gains
Jun 27 2007 11:02AM (CT)
NEW YORK (AP) - Prices for U.S. Treasury bonds started Wednesday on a strong note amid a nervous climate among investors, and saw those gains grow after the government reported weak factory data for last month.
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Treasury bonds extend gains
Jun 27 2007 11:02AM (CT)
NEW YORK (AP) - Prices for U.S. Treasury bonds started Wednesday on a strong note amid a nervous climate among investors, and saw those gains grow after the government reported weak factory data for last month.
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Nissan sees future in electric cars
Jun 27 2007 8:08AM (CT)
BANGKOK, Thailand (AP) - Nissan CEO Carlos Ghosn said Wednesday his company is working hard to develop the next generation of smaller, lighter auto batteries _ a technology that holds promise for electric cars as well as for hybrids.
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Nissan sees future in electric cars
Jun 27 2007 8:08AM (CT)
BANGKOK, Thailand (AP) - Nissan CEO Carlos Ghosn said Wednesday his company is working hard to develop the next generation of smaller, lighter auto batteries _ a technology that holds promise for electric cars as well as for hybrids.
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Nissan sees future in electric cars
Jun 27 2007 8:08AM (CT)
BANGKOK, Thailand (AP) - Nissan CEO Carlos Ghosn said Wednesday his company is working hard to develop the next generation of smaller, lighter auto batteries _ a technology that holds promise for electric cars as well as for hybrids.
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Dollar continues rise against the euro
Jun 27 2007 5:29AM (CT)
BERLIN (AP) - The dollar edged up against the euro again Wednesday amid mixed U.S. economic data as traders waited for the next Federal Reserve meeting to give the market direction.
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Almond rule making some farmers go nuts
Jun 27 2007 5:24AM (CT)
MADERA, Calif. (AP) - Raw, organic almonds form the basis of Karyn Calabrese's garlicky nut pate, her vegan pie crusts and vanilla ice cream custards.
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Japan, U.S. hold beef import talks
Jun 27 2007 2:02AM (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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China shuts 180 food factories
Jun 27 2007 12:38AM (CT)
BEIJING (AP) - China has closed 180 food factories after inspectors found industrial chemicals being used in products from candy to seafood, state media said Wednesday.
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Nike's 4Q results allay fears
Jun 27 2007 12:11AM (CT)
PORTLAND, Ore. (AP) - Nike Inc.'s products are focused on helping athletes set records, but the company set a few of its with fiscal fourth-quarter and year-end results that were well-received by analysts and investors.
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Nike's 4Q results allay fears
Jun 27 2007 12:11AM (CT)
PORTLAND, Ore. (AP) - Nike Inc.'s products are focused on helping athletes set records, but the company set a few of its with fiscal fourth-quarter and year-end results that were well-received by analysts and investors.
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Nike's 4Q results allay fears
Jun 27 2007 12:11AM (CT)
PORTLAND, Ore. (AP) - Nike Inc.'s products are focused on helping athletes set records, but the company set a few of its with fiscal fourth-quarter and year-end results that were well-received by analysts and investors.
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