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Latest Business News Archives for August 21, 2005

Market at crossroads of earnings and oil
Aug 21 2005 9:32PM (CT)
NEW YORK (AP) - Wall Street's gains from bullish second-quarter earnings are evaporating quickly in the face of near-record crude oil futures and increasing evidence that high gasoline prices are diverting consumers' dollars.
 
Real test for Northwest comes this week
Aug 21 2005 9:31PM (CT)
MINNEAPOLIS (AP) - Northwest Airlines Corp. got off to a smooth start by keeping its planes flying when mechanics struck. But the real test for the company and its replacement mechanics arrives with a far busier weekday schedule.
 
Wal-Mart executive begins jail sentence
Aug 21 2005 7:41PM (CT)
BENTONVILLE, Ark. (AP) - The chief financial officer of Wal-Mart Stores Inc. has completed half of a 24-hour jail sentence for speeding last winter and is to return next weekend to complete the other half.
 
Travel company TUI buying CP Ships for $2B
Aug 21 2005 5:02PM (CT)
BERLIN (AP) - German travel company TUI AG said Sunday it plans to buy Canadian firm CP Ships for $2 billion in a deal aimed at strengthening its container shipping business.
 
West Coast states unite on car regulations
Aug 21 2005 2:01PM (CT)
SALEM, Ore. (AP) - Despite an effort by auto industry lobbyists to kill the move, two Pacific Northwest States _ Oregon and Washington _ are getting ready to adopt California's new vehicle emission standards to reduce greenhouse gases.
 
S. African farmers turn to game viewing
Aug 21 2005 1:10PM (CT)
AMAKHALA GAME RESERVE, South Africa (AP) - Squinting into his binoculars, William Fowlds scans a vast, grassy plain where a busy dairy farm once stood.
 
Business casual for dog days: Shorts
Aug 21 2005 12:59PM (CT)
CHICAGO (AP) - Just as one of the hottest summers in years started to sizzle, a Peoria, Ill.-based insurer took a bold step for a conservative company in a staid industry: It let its employees wear shorts to the office.
 
Merck faces more challenges in next round
Aug 21 2005 10:19AM (CT)
LAKE JACKSON, Texas (AP) - Drug-maker Merck & Co.'s blistering defeat in the nation's first Vioxx trial was only round one in a series of expected court battles in the coming months, many of them involving plaintiffs who have some major advantages.
 
   

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