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Latest Business News Archives for September 16, 2007

GM-UAW talks reach critical point
Sep 16 2007 11:46PM (CT)
DETROIT (AP) - Contract negotiations between General Motors Corp. and the United Auto Workers reached a critical point as local union officials hoped for an agreement but prepared once again for a possible strike on Monday.
 
GM-UAW talks reach critical point
Sep 16 2007 11:46PM (CT)
DETROIT (AP) - Contract negotiations between General Motors Corp. and the United Auto Workers reached a critical point as local union officials hoped for an agreement but prepared once again for a possible strike on Monday.
 
Leap Wireless rejects MetroPCS offer
Sep 16 2007 9:16PM (CT)
DALLAS (AP) - Wireless phone provider Leap Wireless International Inc. said Sunday that it is rejecting an unsolicited buyout offer from MetroPCS Communications Inc.
 
Dow Jones, WSJ union OK tentative deal
Sep 16 2007 7:34PM (CT)
NEW YORK (AP) - Dow Jones & Co. has reached a tentative deal on a new contract with the union representing reporters at The Wall Street Journal, ending several months of sometimes contentious talks.
 
ABN Amro boards won't side with bidders
Sep 16 2007 4:59PM (CT)
AMSTERDAM, Netherlands (AP) - ABN Amro's boards will not recommend either of the two rival takeover bids the Dutch bank has received, they told shareholders Sunday.
 
Wall Street awaits Fed rate-cut decision
Sep 16 2007 4:57PM (CT)
NEW YORK (AP) - Wall Street's wait is up: the Federal Reserve meets this week to decide what to do about interest rates.
 
Wall Street awaits Fed rate-cut decision
Sep 16 2007 4:57PM (CT)
NEW YORK (AP) - Wall Street's wait is up: the Federal Reserve meets this week to decide what to do about interest rates.
 
Wall Street awaits Fed rate-cut decision
Sep 16 2007 4:57PM (CT)
NEW YORK (AP) - Wall Street's wait is up: the Federal Reserve meets this week to decide what to do about interest rates.
 
Flagging Shopzilla boosts marketing
Sep 16 2007 2:41PM (CT)
CINCINNATI (AP) - Consumers are urged to "shop, shop, shop" as KC and the Sunshine Band's "Shake Your Booty" plays in the background in a new ad for The E.W. Scripps Co.'s comparison shopping Web site Shopzilla.com.
 
Kroger expands personal finance business
Sep 16 2007 2:01PM (CT)
CINCINNATI (AP) - Weekend grocery shopping list: _ Milk, on sale at four half-gallons for $5._ Cookies, two packages-for-one at $3.99. _ New $200,000 fixed-rate mortgage, 30 years at 6.2 percent.
 
4 investment banks will report earnings
Sep 16 2007 2:00PM (CT)
NEW YORK (AP) - On Wall Street, now more so than any time in recent memory, everyone is holding their breath and fearing the worst.
 
Oil industry leader Swearingen dies
Sep 16 2007 1:19PM (CT)
BIRMINGHAM, Ala. (AP) - Chicago banker and oil executive John E. Swearingen, who led Standard Oil Co. of Indiana to become the sixth-largest U.S. company, died at a Birmingham hospital. He was 89.
 
Chicken chain takes on Southern fryers
Sep 16 2007 1:23AM (CT)
HIRAM, Ga. (AP) - Robert Bowman loves his chicken, especially when it's breaded and loaded in a fryer. "When I go on a trip, that's all I'll eat is fried chicken. I just like fried chicken," the 67-year-old retired postal worker says.
 
Chicken chain takes on Southern fryers
Sep 16 2007 1:23AM (CT)
HIRAM, Ga. (AP) - Robert Bowman loves his chicken, especially when it's breaded and loaded in a fryer. "When I go on a trip, that's all I'll eat is fried chicken. I just like fried chicken," the 67-year-old retired postal worker says.
 
Chicken chain takes on Southern fryers
Sep 16 2007 1:23AM (CT)
HIRAM, Ga. (AP) - Robert Bowman loves his chicken, especially when it's breaded and loaded in a fryer. "When I go on a trip, that's all I'll eat is fried chicken. I just like fried chicken," the 67-year-old retired postal worker says.
 
Countrywide caught in mortgage spiral
Sep 16 2007 1:22AM (CT)
LOS ANGELES (AP) - Countrywide Financial Corp. grew from a two-man startup in 1969 to become the nation's leading mortgage lender by deftly riding out housing boom-and-bust cycles. This time around, however, the ride has been a lot rougher, leaving the company in a scramble to regain its footing as the housing market has turned from boom to bust.
 
Countrywide caught in mortgage spiral
Sep 16 2007 1:22AM (CT)
LOS ANGELES (AP) - Countrywide Financial Corp. grew from a two-man startup in 1969 to become the nation's leading mortgage lender by deftly riding out housing boom-and-bust cycles. This time around, however, the ride has been a lot rougher, leaving the company in a scramble to regain its footing as the housing market has turned from boom to bust.
 
Countrywide caught in mortgage spiral
Sep 16 2007 1:22AM (CT)
LOS ANGELES (AP) - Countrywide Financial Corp. grew from a two-man startup in 1969 to become the nation's leading mortgage lender by deftly riding out housing boom-and-bust cycles. This time around, however, the ride has been a lot rougher, leaving the company in a scramble to regain its footing as the housing market has turned from boom to bust.
 
Jury awards family $600K in Denny's suit
Sep 16 2007 1:21AM (CT)
EAST ST. LOUIS, Ill. (AP) - A jury has ordered the Denny's restaurant chain to pay $600,000 to 15 members of a black family who claimed their white waiter deliberately ignored them and used racial slurs.
 
Fears spread among U.K. bank's customers
Sep 16 2007 1:20AM (CT)
LONDON (AP) - Hundreds of customers lined up to withdraw their savings from a British mortgage bank Saturday, ignoring government assurances that their money was safe despite the bank's request for an emergency loan.
 
Fears spread among U.K. bank's customers
Sep 16 2007 1:20AM (CT)
LONDON (AP) - Hundreds of customers lined up to withdraw their savings from a British mortgage bank Saturday, ignoring government assurances that their money was safe despite the bank's request for an emergency loan.
 
Fears spread among U.K. bank's customers
Sep 16 2007 1:20AM (CT)
LONDON (AP) - Hundreds of customers lined up to withdraw their savings from a British mortgage bank Saturday, ignoring government assurances that their money was safe despite the bank's request for an emergency loan.
 
   

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