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Latest Business News Archives for August 14, 2005

Oil prices slip in Asia, hover above $66
Aug 14 2005 10:29PM (CT)
SINGAPORE (AP) - Crude oil futures opened the week lower as fears about refinery breakdowns eased after the weekend passed without reports of new refinery problems.
 
Nationwide gas prices set another record
Aug 14 2005 10:08PM (CT)
LOS ANGELES (AP) - Retail gas prices hit another record high over the past three weeks, mirroring a rapid increase in the cost of crude oil, according to a nationwide survey released Sunday.
 
Qwest, union resume negotiations
Aug 14 2005 8:56PM (CT)
DENVER (AP) - Negotiations between Qwest Communications and its largest union resumed Sunday evening as workers remained on the job without a contract in hopes a strike could be avoided.
 
BA running 95 percent of Heathrow flights
Aug 14 2005 8:06PM (CT)
LONDON (AP) - British Airways PLC said it was operating 95 percent of scheduled flights from Heathrow Airport on Sunday, two days after the end of a ground-crew walkout that stranded more than 100,000 passengers during the peak of the summer season.
 
Mechanics deal might not save Northwest
Aug 14 2005 7:30PM (CT)
MINNEAPOLIS (AP) - Looming right behind the question of whether Northwest Airlines Corp. mechanics will strike this week is another: Has the airline moved too late to avoid bankruptcy?
 
Market should rise despite high oil prices
Aug 14 2005 6:36PM (CT)
NEW YORK (AP) - A stock market that has shuttled between a level of comfort over the economy and deep anxiety over oil prices may be making that zigzag again this week as the government releases key inflation figures.
 
Heinecke sets sights on Mideast customers
Aug 14 2005 1:53PM (CT)
BANGKOK, Thailand (AP) - Now that William Heinecke has successfully brought American pizza, doughnuts and ice cream to Thailand and other Asian nations, he's setting his sights on the Middle East and its oil wealth _ a tempting but risky target for many U.S. entrepreneurs.
 
Buyout long time coming for Reebok CEO
Aug 14 2005 1:52PM (CT)
CANTON, Mass. (AP) - The uneven career path Paul Fireman took to build Reebok International Ltd. up to this month's announcement of a $3.8 billion purchase by Adidas-Salomon AG began turning at an industry trade show in Chicago 26 years ago.
 
Business groups, GOP promise fight in Wis.
Aug 14 2005 1:49PM (CT)
MADISON, Wis. (AP) - Business groups and some Republicans are declaring a litigation crisis in Wisconsin after the state's top court issued a series of rulings they fear will make the state ripe for an onslaught of liability lawsuits.
 
Old stone mill in Ala. loses final fight
Aug 14 2005 1:25PM (CT)
TALLASSEE, Ala. (AP) - The old stone mill along the Tallapoosa River once made fabric for both slave clothes and Confederate uniforms. It survived the Civil War and the economic struggles of the next century, employing entire generations of families.
 
S.C. Johnson company bows out of fight
Aug 14 2005 1:06PM (CT)
RACINE, Wis. (AP) - The leader of the opposition to construction of a huge coal-fired power plant complex in the Milwaukee area has decided to bow out of the fight after four years.
 
Mexican pharmacist's empire growing
Aug 14 2005 1:06PM (CT)
MEXICO CITY (AP) - Victor Gonzalez sells cheap medicine and health care to Mexico's poor, and it has made him very rich.
 
Federal judge clears way for IPALCO trial
Aug 14 2005 2:29AM (CT)
INDIANAPOLIS (AP) - A federal judge cleared the way for a trial over claims by former IPALCO employees that company executives dumped their stock in the utility before a merger.
 
   

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