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Several minivans fare poorly in tests
Sep 18 2005 9:00PM (CT)
WASHINGTON (AP) - Head restraints in some minivans inadequately protect people against neck injuries in rear-end crashes, the insurance industry said Sunday. Several automakers took issue with the latest test results.
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Ford Canada workers accept deal
Sep 18 2005 4:48PM (CT)
TORONTO (AP) - Ford Canada workers have overwhelmingly accepted a new labor deal, even though it offers some of the lowest wage gains in their union's history and allows for hundreds of layoffs.
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Student-run businesses get sophisticated
Sep 18 2005 2:37PM (CT)
MASON, Ohio (AP) - When Alex Zamojski forgets his lunch money, it's not a problem. He can just stroll into the bank at Mason High School and withdraw the money from his savings account.
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Katrina may persuade Fed to end rate hikes
Sep 18 2005 2:34PM (CT)
WASHINGTON (AP) - Conflicting economic risks that could emerge from Hurricane Katrina are putting Federal Reserve Chairman Alan Greenspan and his central bank colleagues in a challenging spot.
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Post-Enron era unlucky for ex-Tyco execs
Sep 18 2005 2:25PM (CT)
NEW YORK (AP) - Two former Tyco International Ltd. executives convicted of stealing millions of dollars from the company have the misfortune of being sentenced at a time of low public tolerance for white-collar crime, legal experts say.
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Second trial another bitter pill for Merck
Sep 18 2005 2:02PM (CT)
ATLANTIC CITY, N.J. (AP) - For Merck & Co., its second trial over failed painkiller Vioxx is another bitter pill. The beleaguered New Jersey pharmaceutical maker, already reeling from a big loss in the first Vioxx case to go to trial, suffered a few setbacks last week as the second one got under way.
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Wrigley battling for candy supremacy
Sep 18 2005 2:00PM (CT)
CHICAGO (AP) - When W. Wrigley Jr. Co. bought the popular Life Savers and Altoids candy brands earlier this year, many analysts said the top chewing gum maker was going on a buying spree to take a bigger bite out of the candy market.
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Reports: Deutsche Post to bid for Exel
Sep 18 2005 1:56PM (CT)
FRANKFURT, Germany (AP) - Deutsche Post AG is set to make a 5.5 billion euro ($6.73 billion) offer for British logistics company Exel PLC, a newspaper reported Sunday.
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OPEC president calls for higher ceiling
Sep 18 2005 1:11PM (CT)
VIENNA, Austria (AP) - OPEC should increase its output ceiling this week, even amid signs of slowing demand, to show the world that it is concerned about near-record oil prices, the cartel's president said Sunday ahead of a key policy meeting.
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Wall Street casts wary eye on the Fed
Sep 18 2005 1:05PM (CT)
NEW YORK (AP) - Wall Street will be focused this week on the Federal Reserve and whether policymakers will raise interest rates an 11th consecutive time, a move that could cause investors to pull back amid greater uncertainty about economic growth in Hurricane Katrina's aftermath.
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Boeing not panicking over bankruptcies
Sep 18 2005 1:04PM (CT)
SEATTLE (AP) - In most industries, news that two of your customers are seeking bankruptcy protection would be chilling, if not downright jarring. But when you're aerospace giant Boeing Co., and the customers are stalwart U.S. airlines, a week like the last one, while not exactly something to shrug off, is also far from a reason to panic.
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Saudi Arabia, UAE open to OPEC decision
Sep 18 2005 3:47AM (CT)
VIENNA, Austria (AP) - The oil ministers of Saudi Arabia and the United Arab Emirates said Saturday they were receptive to an OPEC decision to increase its output quota in an attempt to control soaring oil prices.
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