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Scrushy ordered to repay $47M in bonuses
Aug 25 2006 8:54PM (CT)
BIRMINGHAM, Ala. (AP) - Fired HealthSouth Corp. CEO Richard Scrushy must repay $47.8 million in bonuses he wrongly received during a massive financial fraud at the rehabilitation and medical services chain, the Alabama Supreme Court ruled Friday.
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Prudential to settle rapid trade dispute
Aug 25 2006 7:28PM (CT)
AP (AP) - _ On Monday, state and federal authorities are expected to announce a civil settlement with Prudential Financial Inc.'s securities unit, according to a published report.
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Judge blocks Northwest employees' strike
Aug 25 2006 7:26PM (CT)
NEW YORK (AP) - A federal judge blocked Northwest Airlines flight attendants from going on strike Friday, handing a victory to the airline just hours before a planned strike action that could have devastated the cash-strapped company.
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Rubin quits Ford board over conflict
Aug 25 2006 6:16PM (CT)
DETROIT (AP) - Robert Rubin's resignation from the Ford Motor Co. board could mean that Citigroup Inc., where he also serves on the board, plans to talk to Ford about a loan or about advising the struggling automaker on the possible sale of its credit arm, some industry analysts say.
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Judge sets trial date for Nacchio
Aug 25 2006 6:08PM (CT)
DENVER (AP) - A federal judge on Friday set a March date for Joe Nacchio's insider trading trial in Denver, rejecting the former Qwest chief's claim that he cannot get a fair trial in the phone company's hometown because of negative publicity.
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Spanish-language publications see growth
Aug 25 2006 5:10PM (CT)
CHICAGO (AP) - Here's some good news for the beleaguered U.S. newspaper industry: Hispanics read newspapers much more faithfully than the general population. They just prefer to do it in their native language.
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Treasury bonds extend gains
Aug 25 2006 4:54PM (CT)
NEW YORK (AP) - U.S. government bonds finished the week on a high note, building on recent gains after a non-threatening speech from Federal Reserve President Ben Bernanke.
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Treasury bonds extend gains
Aug 25 2006 4:54PM (CT)
NEW YORK (AP) - U.S. government bonds finished the week on a high note, building on recent gains after a non-threatening speech from Federal Reserve President Ben Bernanke.
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Oil, gas prices rise on storm fears
Aug 25 2006 4:15PM (CT)
WASHINGTON (AP) - A relatively weak storm hundreds of miles south of Puerto Rico captured the attention of energy traders Friday, sending oil and natural-gas prices higher on fears that it could strengthen and threaten Gulf of Mexico production by next week.
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Housing, energy prices strain shoppers
Aug 25 2006 3:38PM (CT)
ST. LOUIS (AP) - Fresh evidence shows that high energy prices and sagging home values are pinching the main driver of the U.S. economy _ the Average Joe's wallet.
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Carson Pirie Scott to close its doors
Aug 25 2006 3:32PM (CT)
CHICAGO (AP) - State Street may still be a great street, as the song says. But Friday's news that the Carson Pirie Scott department store was leaving the landmark building it's called home for more than a century was just the latest reminder that it is no longer the same street.
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Bernanke warns against protectionism
Aug 25 2006 3:15PM (CT)
JACKSON, Wyo. (AP) - Federal Reserve Chairman Ben Bernanke cautioned lawmakers to avoid the temptation to impose protectionist trade policies as the United States grapples with fierce competition from globalization.
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Bird flu puts dent in fly fishing biz
Aug 25 2006 2:07PM (CT)
DELTA, Colo. (AP) - Lines of long, narrow, white buildings spread out across the ranch in the lush, green farmland of western Colorado. Inside are chickens, up to 85,000 in each of the dimly lit coops with interiors that feel like greenhouses and smell like outhouses.
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Exec calls charges against Newmont silly
Aug 25 2006 1:45PM (CT)
MANADO, Indonesia (AP) - An American who heads the Indonesian branch of the world's largest gold producer on Friday blasted pollution charges against the company as "silly," and said he was looking forward to taking the stand to clear his name.
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Mining exec blasts pollution charges
Aug 25 2006 1:30PM (CT)
MANADO, Indonesia (AP) - An American who heads the Indonesian branch of the world's largest gold producer on Friday blasted pollution charges against the company as "silly," and said he was looking forward to taking the stand to clear his name.
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Google seeks exemption for cash hoard
Aug 25 2006 10:33AM (CT)
WASHINGTON (AP) - Search-engine giant Google Inc. has piled up so much cash that it is in danger of being mistaken for an investment fund.
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EU calls Spain to task over energy deal
Aug 25 2006 9:24AM (CT)
BRUSSELS, Belgium (AP) - The European Commission said Friday that it believes Spain broke antitrust laws by attaching conditions to a bid by Germany's E.On AG to take over Spanish utility Endesa.
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Toyota may delay some new models
Aug 25 2006 9:09AM (CT)
OYAMA, Japan (AP) - Toyota may delay some of its new models, the company's president said Friday, as the world's No. 2 automaker tries to improve its quality control process in order to reduce a spate of recalls that is threatening its reputation.
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Ryanair files claim against Britain
Aug 25 2006 8:46AM (CT)
LONDON (AP) - Budget airline Ryanair Holdings PLC on Friday filed a claim for 3 million pounds ($5.7 million) against the British government as compensation for the cost of new security measures enforced after a major terror alert.
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Seattle Times, union set tentative deal
Aug 25 2006 8:19AM (CT)
SEATTLE (AP) - The Seattle Times and its largest union have tentatively agreed on a new, two-year contract that calls for no across-the-board wage increases, the newspaper reported.
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Ice-making machines help La. fishermen
Aug 25 2006 7:36AM (CT)
NEW ORLEANS (AP) - For fishermen, ice is a necessity. Without it onboard, any fish caught would spoil. Ice was hard to come by in the year since Hurricanes Katrina and Rita wrecked nearly every icehouse, dock and marina close to the Gulf of Mexico in southeast and southwest Louisiana.
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Japan stocks down; dollar up vs. yen
Aug 25 2006 4:36AM (CT)
TOKYO (AP) - Japanese stocks fell for a third day Friday as investors sold autos and other blue-chip issues to take profits after the market hit a three-month high earlier this week.
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