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Latest Business News Archives for July 23, 2005

China: Yuan move won't alter trade gap
Jul 23 2005 9:58PM (CT)
BEIJING (AP) - Beijing's decision to cut its currency's link to the dollar will do little to narrow the huge U.S. trade deficit with China, the central bank chief predicted Saturday.
 
Some experts want more frequent reports
Jul 23 2005 7:56PM (CT)
NEW YORK (AP) - Quarterly earnings announcements look more than ever like prize fights: hyped events that often leave the pugilists battered and the fans drained. Many stock watchers think there's a better way for companies to communicate with their investors: More frequently.
 
Feud shows organized labor at crossroads
Jul 23 2005 7:15PM (CT)
CHICAGO (AP) - Labor's toughest negotiators are turning their bruising tactics on each other, playing a high-stakes game of chicken inside the AFL-CIO at a perilous time for the long-fading union movement.
 
L.A. ports extend hours to reduce smog
Jul 23 2005 5:36PM (CT)
LOS ANGELES (AP) - The twin ports of Los Angeles and Long Beach began operating on weekends and evenings Saturday in a new initiative designed to ease Southern California's worst-in-the-nation traffic congestion and smog.
 
Federal panel clears airlines merger
Jul 23 2005 5:32PM (CT)
WASHINGTON (AP) - US Airways and America West are a step closer to merger with approval by a federal panel that oversees a $10 billion loan program for the nation's ailing airlines.
 
AFL-CIO to launch $750M investment plan
Jul 23 2005 12:33PM (CT)
WASHINGTON (AP) - The AFL-CIO has chosen Chicago to benefit from a $750 million community investment plan funded by pension funds to be used to help spur economic development, create union jobs and make housing more available and affordable.
 
Expert testifies he resisted Vioxx efforts
Jul 23 2005 11:54AM (CT)
ANGLETON, Texas (AP) - A doctor told jurors Friday in the nation's first Vioxx-related civil trial that he resisted prescribing Vioxx at his former family practice clinic because he disputed Merck & Co.'s assertion that the painkiller was safe.
 
Real estate market a gamble
Jul 23 2005 11:20AM (CT)
TULSA, Okla. (AP) - The Pink House does not look like a family establishment. Outside, the battered house on the scruffy north side of Tulsa is the color of Pepto Bismol _ hence the name.
 
Feds: Chicago underestimating O'Hare costs
Jul 23 2005 9:44AM (CT)
CHICAGO (AP) - City officials have underestimated the cost of a proposed $15 billion expansion of Chicago's O'Hare International Airport that is meant to relieve flight congestion nationwide, a government review of the project shows.
 
Modern barbers offer upscale shops, services
Jul 23 2005 2:04AM (CT)
COLUMBUS, Ohio (AP) - Chuck Crawford gave up the storefront barber pole two years ago, but instead of hanging up his scissors like so many barbers before him, he moved into a new shop more aptly described as a private studio.
 
Japan to tighten money transfer rules
Jul 23 2005 1:43AM (CT)
TOKYO (AP) - In an effort to stop the flow of money to terrorists, Japan plans to check the identity of people transferring even relatively small amounts of money to other people's foreign or domestic accounts, a report said Saturday.
 
   

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