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Oil futures settle above $70 a barrel
Jun 29 2007 11:25PM (CT)
NEW YORK (AP) - Oil prices settled above the psychologically important $70 a barrel mark on Friday for the first time since August 2006 on worries about gasoline supplies in the heart of the summer driving season.
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Commerce Bank founder to retire
Jun 29 2007 11:16PM (CT)
MOUNT LAUREL, N.J. (AP) - The maverick founder of Commerce Bank NA, a New Jersey bank that has grown into a powerhouse on the East Coast, is retiring as the bank resolves a probe by federal banking regulators.
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AT&T agrees to buy Dobson Communications
Jun 29 2007 11:13PM (CT)
SAN ANTONIO (AP) - AT&T Inc., the nation's largest wireless carrier, agreed Friday to acquire rural wireless provider Dobson Communications Corp. for $2.8 billion in cash.
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KB Home builds smaller, affordable homes
Jun 29 2007 11:12PM (CT)
LOS ANGELES (AP) - KB Home is discovering that less could be more when it comes to luring skittish buyers in a housing slump. In recent months, the company has rolled out a new line of smaller, more affordable homes that it hopes will jump-start sagging sales.
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Oil boom, politics shape Africa's future
Jun 29 2007 11:08PM (CT)
PORT HARCOURT, Nigeria (AP) - Europe's great powers once scrambled for dominance across vast, underdeveloped African lands rich in raw resources, including the scarlet palm oil used to grease the first cogs of the industrial revolution.
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Oil boom, politics shape Africa's future
Jun 29 2007 11:08PM (CT)
PORT HARCOURT, Nigeria (AP) - Europe's great powers once scrambled for dominance across vast, underdeveloped African lands rich in raw resources, including the scarlet palm oil used to grease the first cogs of the industrial revolution.
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Oil boom, politics shape Africa's future
Jun 29 2007 11:08PM (CT)
PORT HARCOURT, Nigeria (AP) - Europe's great powers once scrambled for dominance across vast, underdeveloped African lands rich in raw resources, including the scarlet palm oil used to grease the first cogs of the industrial revolution.
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Oil boom, politics shape Africa's future
Jun 29 2007 11:08PM (CT)
PORT HARCOURT, Nigeria (AP) - Europe's great powers once scrambled for dominance across vast, underdeveloped African lands rich in raw resources, including the scarlet palm oil used to grease the first cogs of the industrial revolution.
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Former ConAgra execs named in complaint
Jun 29 2007 10:22PM (CT)
DENVER (AP) - Federal regulators filed civil complaints Friday accusing four former ConAgra Foods Inc. executives of aiding and abetting in improper accounting practices that helped pump up profit statements.
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Businesses help workers to lose weight
Jun 29 2007 7:09PM (CT)
CHICAGO (AP) - A burgeoning industry of wellness advisers, counselors and consultants is booming as corporate America tries to increase productivity and control insurance costs by helping its employees get healthy and shed pounds.
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Avoiding 'Made In China' labels not easy
Jun 29 2007 5:52PM (CT)
SIOUX FALLS, S.D. (AP) - Poisoned pet food. Seafood laced with potentially dangerous antibiotics. Toothpaste tainted with an ingredient in antifreeze. Tires missing a key safety component. U.S. shoppers may be forgiven if they are becoming leery of Chinese-made goods and are trying to fill their shopping carts with products free of ingredients from that country. The trouble is, that may be almost impossible.
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Neteller founder guilty of conspiracy
Jun 29 2007 5:46PM (CT)
NEW YORK (AP) - The co-founder of Neteller, which processed billions of dollars in Internet gambling transactions for Americans, pleaded guilty Friday to a charge of criminal conspiracy.
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Bear Stearns demotes head of asset unit
Jun 29 2007 5:43PM (CT)
NEW YORK (AP) - Bear Stearns Cos. demoted the head of its asset-management unit and brought in a former Lehman Brothers executive to "restore investor confidence," after two of the firm's hedge funds nearly collapsed last week.
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IRS software said to have problems
Jun 29 2007 5:20PM (CT)
WASHINGTON (AP) - An IRS program to encourage taxpayers to file electronically is providing software that's not always accurate, an inspector general said Friday.
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IRS software said to have problems
Jun 29 2007 5:20PM (CT)
WASHINGTON (AP) - An IRS program to encourage taxpayers to file electronically is providing software that's not always accurate, an inspector general said Friday.
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Treasurys climb on inflation data
Jun 29 2007 4:19PM (CT)
NEW YORK (AP) - U.S. Treasurys climbed Friday as the market reveled in a benign inflation number and benefited from some safe-harbor buying.
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Treasurys climb on inflation data
Jun 29 2007 4:19PM (CT)
NEW YORK (AP) - U.S. Treasurys climbed Friday as the market reveled in a benign inflation number and benefited from some safe-harbor buying.
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Soybeans surge on low acreage
Jun 29 2007 3:52PM (CT)
NEW YORK (AP) - Soybean prices surged Friday after the U.S. Department of Agriculture reported that farmers this year planted the fewest acres of soybeans in more than a decade.
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Delphi workers OK contract agreement
Jun 29 2007 3:49PM (CT)
DETROIT (AP) - Workers at struggling auto parts giant Delphi Corp.'s largest union have approved a historic contract agreement that cuts wages for many longtime workers but secures thousands of jobs at plants that once were in jeopardy.
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Corn planting rises 19 percent
Jun 29 2007 3:04PM (CT)
DES MOINES, Iowa (AP) - Farmers this year planted the most corn since the waning days of World War II, outpacing already high expectations for the crop, according to a federal report issued Friday.
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China approves new labor law
Jun 29 2007 11:41AM (CT)
BEIJING (AP) - China enacted a law Friday meant to improve workers' rights after the communist government took the unprecedented step of seeking input from foreign companies and the Chinese public.
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Dollar falls to euro
Jun 29 2007 10:45AM (CT)
BERLIN (AP) - The dollar fell against the 13-nation euro Friday, a day after the Federal Reserve left interest rates unchanged.
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Dollar falls to euro
Jun 29 2007 10:45AM (CT)
BERLIN (AP) - The dollar fell against the 13-nation euro Friday, a day after the Federal Reserve left interest rates unchanged.
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Beijing bans 10 types of drugs
Jun 29 2007 10:42AM (CT)
SHANGHAI, China (AP) - China banned 10 types of drugs for exaggerated effectiveness amid growing concerns about fake and tainted products, a newspaper reported Friday.
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EU backs passenger data deal with US
Jun 29 2007 10:38AM (CT)
BRUSSELS, Belgium (AP) - A new airline passenger information sharing agreement between the EU and the United States aimed at thwarting terrorism will likely go into effect by July following concessions from both sides this week.
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Bank regulators finalize mortgage rules
Jun 29 2007 10:29AM (CT)
WASHINGTON (AP) - Banking regulators on Friday completed guidelines that call on lenders to strictly evaluate borrowers' ability to repay home loans.
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Stocks rise on consumer spending
Jun 29 2007 9:37AM (CT)
NEW YORK (AP) - Stocks advanced Friday, the last day of the second quarter, as investors welcomed reports showing rises in consumer and construction spending.
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India, Pakistan, Iran near gas deal
Jun 29 2007 6:19AM (CT)
NEW DELHI (AP) - India, Pakistan and Iran are close to signing an agreement on transporting natural gas from Iran to the two South Asian countries via a land pipeline by 2011, Indian officials said Friday.
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Siegelman, Scrushy to appeal sentences
Jun 29 2007 5:17AM (CT)
MONTGOMERY, Ala. (AP) - Attorneys for former Alabama Gov. Don Siegelman and former HealthSouth CEO Richard Scrushy said they would appeal their sentences in a bribery and corruption case the judge said damaged public trust in state government.
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Siegelman, Scrushy to appeal sentences
Jun 29 2007 5:17AM (CT)
MONTGOMERY, Ala. (AP) - Attorneys for former Alabama Gov. Don Siegelman and former HealthSouth CEO Richard Scrushy said they would appeal their sentences in a bribery and corruption case the judge said damaged public trust in state government.
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Siegelman, Scrushy to appeal sentences
Jun 29 2007 5:17AM (CT)
MONTGOMERY, Ala. (AP) - Attorneys for former Alabama Gov. Don Siegelman and former HealthSouth CEO Richard Scrushy said they would appeal their sentences in a bribery and corruption case the judge said damaged public trust in state government.
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Siegelman, Scrushy to appeal sentences
Jun 29 2007 5:17AM (CT)
MONTGOMERY, Ala. (AP) - Attorneys for former Alabama Gov. Don Siegelman and former HealthSouth CEO Richard Scrushy said they would appeal their sentences in a bribery and corruption case the judge said damaged public trust in state government.
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South Korea, U.S. agree on trade pact
Jun 29 2007 5:15AM (CT)
SEOUL, South Korea (AP) - South Korea and the United States agreed Friday on final changes to their pending free trade agreement, clearing the last hurdle to the fast approaching deadline to sign the deal as thousands of workers took to the streets in protest.
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South Korea, U.S. agree on trade pact
Jun 29 2007 5:15AM (CT)
SEOUL, South Korea (AP) - South Korea and the United States agreed Friday on final changes to their pending free trade agreement, clearing the last hurdle to the fast approaching deadline to sign the deal as thousands of workers took to the streets in protest.
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South Korea, U.S. agree on trade pact
Jun 29 2007 5:15AM (CT)
SEOUL, South Korea (AP) - South Korea and the United States agreed Friday on final changes to their pending free trade agreement, clearing the last hurdle to the fast approaching deadline to sign the deal as thousands of workers took to the streets in protest.
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South Korea, U.S. agree on trade pact
Jun 29 2007 5:15AM (CT)
SEOUL, South Korea (AP) - South Korea and the United States agreed Friday on final changes to their pending free trade agreement, clearing the last hurdle to the fast approaching deadline to sign the deal as thousands of workers took to the streets in protest.
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South Korea, U.S. agree on trade pact
Jun 29 2007 5:15AM (CT)
SEOUL, South Korea (AP) - South Korea and the United States agreed Friday on final changes to their pending free trade agreement, clearing the last hurdle to the fast approaching deadline to sign the deal as thousands of workers took to the streets in protest.
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South Korea, U.S. agree on trade pact
Jun 29 2007 5:15AM (CT)
SEOUL, South Korea (AP) - South Korea and the United States agreed Friday on final changes to their pending free trade agreement, clearing the last hurdle to the fast approaching deadline to sign the deal as thousands of workers took to the streets in protest.
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South Korea, U.S. agree on trade pact
Jun 29 2007 5:15AM (CT)
SEOUL, South Korea (AP) - South Korea and the United States agreed Friday on final changes to their pending free trade agreement, clearing the last hurdle to the fast approaching deadline to sign the deal as thousands of workers took to the streets in protest.
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South Korea, U.S. agree on trade pact
Jun 29 2007 5:15AM (CT)
SEOUL, South Korea (AP) - South Korea and the United States agreed Friday on final changes to their pending free trade agreement, clearing the last hurdle to the fast approaching deadline to sign the deal as thousands of workers took to the streets in protest.
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Last US horse slaughterhouse to close
Jun 29 2007 3:57AM (CT)
CHICAGO (AP) - A federal judge Thursday refused a request from the nation's last operating horse slaughterhouse to remain open, but a legal dispute over a state ban on killing horses for food isn't over.
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Japanese stocks rise; dollar up vs. yen
Jun 29 2007 3:05AM (CT)
TOKYO (AP) - Japanese stocks climbed Friday for a second straight session, as upbeat analysts' ratings prompted investors to snap up Toshiba and Takeda Pharmaceutical.
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Iowa senators angry about propane plan
Jun 29 2007 2:26AM (CT)
DES MOINES, Iowa (AP) - As a longtime farmer, Iowa Sen. Charles Grassley said he quickly saw the folly of new propane regulations proposed by the Department of Homeland Security.
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Pasadena Star-News ed promoted
Jun 29 2007 2:12AM (CT)
PASADENA, Calif. (AP) - Larry Wilson, editor of the Pasadena Star-News since 1995, has been named public editor of the San Gabriel Valley Newspaper Group.
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Report: China raises minimum wages
Jun 29 2007 1:26AM (CT)
BEIJING (AP) - China's government has ordered minimum wages raised to help the poor cope with soaring food costs, a state news agency reported Friday.
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