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Latest Business News Archives for September 3, 2006

Japanese stocks rise; dollar down
Sep 3 2006 11:36PM (CT)
TOKYO (AP) - Japanese stocks surged Monday following fresh economic data that showed businesses had boosted capital investment in the last quarter. Real estate, brokerage and technology issues led the advance.
 
Ex-Japanese Web star pleads not guilty
Sep 3 2006 11:31PM (CT)
TOKYO (AP) - Former Internet mogul Takafumi Horie pleaded not guilty Monday at the opening of a trial highlighting Japan's struggle to grapple with the rise of ventures and define the legal boundaries for aggressive stock trading.
 
Oil prices slip below $70 a barrel
Sep 3 2006 10:47PM (CT)
SINGAPORE (AP) - Oil prices recovered slightly in Asian trading Monday, but remained below $70 a barrel after falling to a 10-week low in the previous session.
 
Harley's special bikes commemorate 9/11
Sep 3 2006 9:19PM (CT)
MILWAUKEE (AP) - Joe McRae has had many motorcycles over the years, but nothing comes close to his bright red Harley-Davidson. Part of a special line of bikes exclusively for firefighters, his Road King represents a tribute to the 343 firefighters who died in the Sept. 11 terrorist attacks, he said.
 
Terrorism hurts markets, but how much?
Sep 3 2006 9:08PM (CT)
NEW YORK (AP) - How much does terrorism affect stock prices?
 
After 9/11, businesses try to prepare
Sep 3 2006 8:37PM (CT)
CAMBRIDGE, Mass. (AP) - At Akamai Technologies Inc., a framed photo of a smiling young brown-haired man serves as a daily reminder of terrorism's toll, and the importance of preparing for the unexpected _ a growing need at a company responsible for shepherding as much as one-fifth of the world's Internet traffic.
 
States seek new ways to fight auto fraud
Sep 3 2006 5:09PM (CT)
ALBANY, N.Y. (AP) - Investigators across the country are trying new tactics to crack down on the old problem of auto insurance fraud. The tools to combat the crime from health insurance fraud mills in New York to "swoop and squat" schemes in California include wiretaps, undercover agents and prosecutors who view auto fraud as organized crime.
 
Indian tribes fight federal labor law
Sep 3 2006 4:41PM (CT)
SAN MANUEL INDIAN RESERVATION, Calif. (AP) - Once steeped in poverty, the San Manuel Band of Mission Indians has become one of the nation's wealthiest tribes thanks to casino gambling.
 
London luxury home prices hit new highs
Sep 3 2006 3:56PM (CT)
LONDON (AP) - London's luxury homes are now the most expensive in the world, experts say, with foreign buyers, salary bonuses and steady interest rates driving prices up in the capital's overheated property market.
 
Wall Street awaits corporate earnings
Sep 3 2006 2:59PM (CT)
NEW YORK (AP) - Wall Street gets back to work Tuesday after two weeks of light summer trading, and investors encouraged by recent economic data are expected to shift money into the stock markets.
 
Future cloudy for terrorism insurance
Sep 3 2006 2:56PM (CT)
BOSTON (AP) - Terrorism insurance has become increasingly common and affordable five years after Sept. 11. But that market has only emerged with the federal government's pledge to serve as an insurer of last resort _ assistance that is tenuous, and guaranteed only through the end of 2007.
 
Labor Day has somber tone in steel town
Sep 3 2006 2:53PM (CT)
MIDDLETOWN, Ohio (AP) - Labor Day, traditionally a time for union picnics and politicking, will have a somber tone in this southwest Ohio steel town this year.
 
Ranchers decry grass-fed beef rule plan
Sep 3 2006 2:44PM (CT)
WASHINGTON (AP) - Meat-eaters usually assume a grass-fed steak came from cattle contentedly grazing for most of their lives on lush pastures, not crowded into feedlots. If the government has its way, the grass-fed label could be used to sell beef that didn't roam the range and ate more than just grass.
 
Ford CEO says automaker must change ways
Sep 3 2006 4:21AM (CT)
DEARBORN, Mich. (AP) - Ford Motor Co., the nation's No. 2 automaker, must change the way it does business in order to make a turnaround, the company's head said in an e-mail to employees.
 
   

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