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AK Steel union workers reject contract
Sep 25 2006 9:54PM (CT)
MIDDLETOWN, Ohio (AP) - AK Steel union workers voted Monday to reject what the company called its final contract offer, extending the seven-month-old standoff at the Middletown Works plant.
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House panel subpoenas 3 in HP scandal
Sep 25 2006 7:43PM (CT)
WASHINGTON (AP) - Three people involved in Hewlett-Packard Co.'s efforts to unmask a boardroom leak have been ordered to testify at this week's congressional hearing on the corporate spying scandal that's so far claimed the company's chairwoman and two directors.
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Judge allows class action tobacco suit
Sep 25 2006 7:36PM (CT)
NEW YORK (AP) - In a blow to the tobacco industry, a federal judge ruled Monday that a jury should decide whether tobacco companies must pay tens of millions of smokers up to $200 billion for allegedly duping them into buying light cigarettes over the past three decades.
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Americans skeptical about gas price drop
Sep 25 2006 5:41PM (CT)
WASHINGTON (AP) - There is no mystery or manipulation behind the recent fall in gasoline prices, analysts say. Try telling that to many U.S. motorists.
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Revlon cuts 250 jobs, dumps new line
Sep 25 2006 5:27PM (CT)
NEW YORK (AP) - Revlon Inc. is cutting 250 jobs, or 8 percent of its work force, and is canceling its recently launched Vital Radiance cosmetics line aimed at older women in a bid to return the company to profitability.
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Treasury bond prices continue rally
Sep 25 2006 5:27PM (CT)
NEW YORK (AP) - Treasury prices rose Monday, putting the 10-year yield at a fresh 7-month low, as a combination of weak housing data and mortgage-bond related buying boosted the market.
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Gold, silver recover after oil rally
Sep 25 2006 4:09PM (CT)
NEW YORK (AP) - A recovery in crude oil futures enabled gold and silver futures to bounce back from early losses Monday.
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Walgreen 4th-quarter profit up 25 pct.
Sep 25 2006 3:55PM (CT)
CHICAGO (AP) - Walgreen Co. posted 25 percent fourth-quarter earnings growth to cap its biggest-ever expansion year, but its stock tumbled on continuing investor concern about fallout for drugstore chains from Wal-Mart's plan to sell discounted generic drugs.
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Existing home sales fall for 5th month
Sep 25 2006 3:52PM (CT)
WASHINGTON (AP) - Sales of existing homes fell for the fifth consecutive month in August as the once-booming housing market slowed further.
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GM, Nissan to meet to discuss alliance
Sep 25 2006 3:51PM (CT)
TOKYO (AP) - Carlos Ghosn, the head of Nissan and Renault, and General Motors CEO Richard Wagoner plan to hold talks this week in Paris as they assess the possibility of an alliance among the three automakers, Nissan said Monday.
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Oil prices briefly dip, then jump
Sep 25 2006 3:50PM (CT)
WASHINGTON (AP) - Crude-oil futures briefly dipped below $60 a barrel on Monday, then jumped by more than $1 in a sign that the recent free-fall may be nearing an end.
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Viacom cuts Redstone's salary and bonus
Sep 25 2006 3:47PM (CT)
NEW YORK (AP) - Viacom Inc., a media conglomerate that owns MTV and VH1, said Monday that it was cutting the cash salary and bonuses of its chairman and controlling shareholder, Sumner Redstone, and linking most of his compensation with the performance of the company's stock.
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Best companies for working moms listed
Sep 25 2006 3:47PM (CT)
NEW YORK (AP) - Working Mother magazine released its annual list of the top 100 places to work, with its chief executive touting an improvement in mother-friendly benefits in corporate America.
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Ikea to hire 10,000 new workers per year
Sep 25 2006 3:46PM (CT)
STOCKHOLM, Sweden (AP) - Furniture maker Ikea plans to hire tens of thousands of new workers as the company continues to expand with dozens of new stores opening around the world, the company's chief executive said in an interview published Monday.
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Firm recalls salad products with spinach
Sep 25 2006 11:05AM (CT)
WASHINGTON (AP) - A Seattle company is recalling some salad products distributed in the Northwest because they may contain fresh spinach contaminated with E. coli, the Food and Drug Administration said Monday.
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Shanghai leader ousted for corruption
Sep 25 2006 11:01AM (CT)
SHANGHAI, China (AP) - Shanghai's top leader was dismissed Monday for alleged corruption, the highest level official to be sacked in more than a decade as President Hu Jintao consolidates his power.
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Japan plans $3.1B for high-speed trains
Sep 25 2006 8:10AM (CT)
TOKYO (AP) - A Japanese railroad will invest $3.1 billion to develop high-speed magnetic trains over the next decade, the company said Monday, just days after a crash of an experimental magnetic train in Germany killed 23 people.
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Toyota's global output keeps climbing
Sep 25 2006 4:20AM (CT)
TOKYO (AP) - Toyota Motor Corp., on pace to overtake General Motors as the world's biggest automaker, said Monday its global production rose 17.3 percent in August, the 22nd straight monthly gain.
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Vegas growth pushes up against pig farm
Sep 25 2006 2:32AM (CT)
NORTH LAS VEGAS, Nev. (AP) - When Bob Combs began farming pigs here 43 years ago, his was the only house light for miles out in the desert, and he could safely shoot his rifle in any direction at the stray dogs that came to attack his livestock.
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Report: China bank IPO expected in Oct.
Sep 25 2006 12:31AM (CT)
HONG KONG (AP) - Industrial & Commercial Bank of China, the mainland's largest bank, plans to launch its initial public offering _ expected to be the world's biggest ever _ on Oct. 27 in Hong Kong and Shanghai, a report said Monday.
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