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UAW says strike is about job security
Sep 24 2007 7:22PM (CT)
DETROIT (AP) - In the end, the first nationwide strike against General Motors Corp. in 37 years came because the United Auto Workers want something that GM will find difficult to promise: Job security.
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UAW says strike is about job security
Sep 24 2007 7:22PM (CT)
DETROIT (AP) - In the end, the first nationwide strike against General Motors Corp. in 37 years came because the United Auto Workers want something that GM will find difficult to promise: Job security.
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UAW says strike is about job security
Sep 24 2007 7:22PM (CT)
DETROIT (AP) - In the end, the first nationwide strike against General Motors Corp. in 37 years came because the United Auto Workers want something that GM will find difficult to promise: Job security.
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UAW says strike is about job security
Sep 24 2007 7:22PM (CT)
DETROIT (AP) - In the end, the first nationwide strike against General Motors Corp. in 37 years came because the United Auto Workers want something that GM will find difficult to promise: Job security.
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Target, Lowe's temper sales outlooks
Sep 24 2007 6:52PM (CT)
NEW YORK (AP) - Two of the nation's leading retailers _ discounter Target Corp. and home improvement merchant Lowe's Cos. _ both tempered their sales forecasts on Monday, creating more uncertainty about the upcoming holiday shopping season.
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General Mills CEO Sanger steps down
Sep 24 2007 5:33PM (CT)
GOLDEN VALLEY, Minn. (AP) - General Mills Chief Executive Officer Steve Sanger is stepping down effective immediately, the nation's second-largest cereal maker said Monday.
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Financial institutions to undergo test
Sep 24 2007 5:31PM (CT)
WASHINGTON (AP) - Don't be alarmed if your local bank teller is looking a bit sickly over the next three weeks. It is only a cyber-illness.
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NRG to submit first new nuke application
Sep 24 2007 5:29PM (CT)
WASHINGTON (AP) - Power producer NRG Energy Inc. will submit the first application for a new nuclear reactor in the U.S. in nearly 30 years, the company's chief executive said Monday.
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American Home Mortgage faces inquiry
Sep 24 2007 5:28PM (CT)
NEW YORK (AP) - American Home Mortgage Investment Corp. bounced property tax checks for some Maryland homeowners, local and state officials said Monday, and they have demanded an explanation from the bankrupt mortgage lender and servicer.
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Oil below $81 as Gulf production resumes
Sep 24 2007 5:28PM (CT)
NEW YORK (AP) - Energy futures fell Monday after a tropical depression that moved through the Gulf of Mexico late last week turned out to be a dud. "The storm dissipated over the weekend, and we're seeing production come back online," said Phil Flynn, an analyst at Alaron Trading Corp. in Chicago.
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New week, new low for dollar
Sep 24 2007 3:31PM (CT)
NEW YORK (AP) - The dollar failed to rally Monday, dropping to a new record low against the euro and a 15-year low against five other major currencies as investors continued to act on last week's larger-than-expected interest rate cut and economic data on August consumer spending and home sales expected this week.
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Treasury bill rates fall at auction
Sep 24 2007 2:53PM (CT)
WASHINGTON (AP) - Interest rates on short-term Treasury bills fell in Monday's auction with the rate on six-month bills dropping to the lowest level in a month.
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Energy prices ease
Sep 24 2007 2:42PM (CT)
NEW YORK (AP) - Commodities prices slipped in several markets on Monday as investors took profits from last week's strong gains and the U.S. dollar rebounded slightly.
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Energy prices ease
Sep 24 2007 2:42PM (CT)
NEW YORK (AP) - Commodities prices slipped in several markets on Monday as investors took profits from last week's strong gains and the U.S. dollar rebounded slightly.
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Bernanke: education is best investment
Sep 24 2007 2:22PM (CT)
WASHINGTON (AP) - Education is the best investment not only for workers but also for the economy in a time of continuing competitive strain, Federal Reserve Chairman Ben Bernanke said Monday.
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Treasuries fall on inflation fears
Sep 24 2007 12:02PM (CT)
NEW YORK (AP) - Treasury bonds were mostly lower Monday, sending yields higher, as investors focused on the prospect that last week's sharp cut in U.S. interest rates will result in spiraling inflation.
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UAW locals picket five GM plants
Sep 24 2007 10:23AM (CT)
DETROIT (AP) - Workers began picketing outside five General Motors Corp. plants after the late morning United Auto Workers strike deadline passed Monday, but the union's national leadership hadn't publicly announced whether a strike had begun.
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China media says Mattel apology overdue
Sep 24 2007 9:07AM (CT)
BEIJING (AP) - China's state media on Monday welcomed U.S. toy maker Mattel's apology over its recalls of Chinese-made toys, saying that although overdue it should help restore the country's sullied export reputation.
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US: mortgage default rate stabilizing
Sep 24 2007 9:05AM (CT)
SINGAPORE (AP) - The default rate on U.S. mortgages is stabilizing, an American housing official said Monday, adding she didn't expect last week's cut in U.S. interest rates to significantly affect the number of defaults.
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Novartis: EU approves Alzheimer's patch
Sep 24 2007 9:02AM (CT)
BASEL, Switzerland (AP) - The drugmaker Novartis AG said Monday that the European Commission had approved its Exelon skin patch to treat Alzheimer's disease.
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