Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance
|
|
|
|
|
|
Japanese stocks surge on Koizumi's win
Sep 11 2005 9:46PM (CT)
TOKYO (AP) - Japanese stocks surged Monday after a landslide victory by Prime Minister Junichiro Koizumi's ruling party spurred expectations he would follow through on market-friendly economic reforms. The yen also gained against the dollar.
|
|
|
Investors optimistic despite oil, Katrina
Sep 11 2005 9:46PM (CT)
NEW YORK (AP) - Stock investors are feeling bullish these days, shrugging off so far the effects of $3-per-gallon gasoline and the short-term economic impact of Hurricane Katrina's devastation.
|
|
|
Katrina pushes gas price to all-time high
Sep 11 2005 9:28PM (CT)
LOS ANGELES (AP) - Damage to Gulf Coast refineries and pipelines by Hurricane Katrina pushed retail gas prices to historic highs in the past two weeks, with self-serve regular averaging more than $3 a gallon for the first time ever, according to a nationwide survey released Sunday.
|
|
|
Canadian auto workers brace for Ford cuts
Sep 11 2005 7:37PM (CT)
TORONTO (AP) - The Canadian Auto Workers union is close to finalizing a new labor deal with Ford Motor Co. that will mean significant job cuts, the union's leader said Sunday night.
|
|
|
New Orleans airport opens to cargo traffic
Sep 11 2005 5:45PM (CT)
NEW ORLEANS (AP) - The Louis Armstrong New Orleans International Airport reopened for cargo traffic on Sunday and there will be limited passenger service beginning Tuesday, the airport's director said.
|
|
|
Northwest mechanics walk away from talks
Sep 11 2005 4:04PM (CT)
MINNEAPOLIS (AP) - Striking mechanics at Northwest Airlines Corp. walked away from talks on Sunday, refusing to say if they would return to the bargaining table before a Tuesday deadline for when Northwest says it will start hiring permanent replacements.
|
|
|
Pfizer: Feds not objecting to Vicuron buy
Sep 11 2005 3:44PM (CT)
NEW YORK (AP) - Pfizer Inc. said Sunday that a regulatory waiting period for its $1.9 billion acquisition of antibiotic maker Vicuron Pharmaceuticals has expired without federal objection to the deal.
|
|
|
Hedge fund fraud cases drawing scrutiny
Sep 11 2005 2:42PM (CT)
STAMFORD, Conn. (AP) - The Jewish Federation of Metropolitan Chicago prides itself on international philanthropy and how efficiently and effectively it spends money. But these days the federation is fighting to recover more than $4 million invested in an offshore fund operated by Bayou Securities. Federal authorities say Bayou, a Stamford-based hedge fund, was a fraud.
|
|
|
America West, US Airways set to combine
Sep 11 2005 2:40PM (CT)
PHOENIX (AP) - As America West Airlines and US Airways approach the final milestones on the path to their planned combination, officials say the two companies could start operating as one by the beginning of October.
|
|
|
Economy key election issue in Germany
Sep 11 2005 2:15PM (CT)
FRANKFURT, Germany (AP) - At the department stores and boutiques that line the busy Zeil shopping zone, the signs say it all: Deals. Rebates. Sale.
|
|
|
German insurer offers $7.B for RAS
Sep 11 2005 1:57PM (CT)
BERLIN (AP) - German insurer Allianz AG said Sunday it will offer 5.7 billion euros ($7.1 billion) to buy out minority shareholders in RAS of Italy to streamline its business and boost its earnings in Europe.
|
|
|
DaimlerChrysler in spotlight in Frankfurt
Sep 11 2005 1:50PM (CT)
FRANKFURT, Germany (AP) - All eyes will be on DaimlerChrysler AG this week as the German-American automaker's revamped management team unveils new strategies and vehicles at the Frankfurt International Auto Show.
|
|
|
French anti-takeover decree draws interest
Sep 11 2005 1:49PM (CT)
PARIS (AP) - French plans to vet foreign takeovers in newly defined "strategic" sectors are coming under fire from a growing number of critics _ including companies the government had vowed to protect.
|
|
|
Report: ECB head asks for info on takeovers
Sep 11 2005 1:39PM (CT)
ROME (AP) - The European Central Bank has asked the embattled governor of Italy's central bank for more information about two bank takeover bids to determine if he violated the European bank's code of ethics, Italian media reported Sunday.
|
|
|
Morgan Stanley says two more quit board
Sep 11 2005 1:23AM (CT)
NEW YORK (AP) - Morgan Stanley Inc. on Friday said directors Charles F. Knight and John E. Jacob have stepped down from the board, marking the latest change at the investment bank since John Mack took the helm.
|
|
|
Much of Gulf of Mexico oil still blocked
Sep 11 2005 1:15AM (CT)
NEW ORLEANS (AP) - Over 120 Gulf of Mexico oil and gas platforms were still shut down Saturday and nearly 60 percent of the gulf's normal daily oil production remained blocked from the market because of evacuations due to Hurricane Katrina, a federal agency said.
|
|
|
|
|
|