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Latest Business News Archives for October 15, 2005

Chavez: World faces major energy crisis
Oct 15 2005 9:21PM (CT)
SALAMANCA, Spain (AP) - Venezuelan President Hugo Chavez said Saturday that the world faces an energy crisis but there is little chance of his country and other OPEC members increasing production because they are already pumping near "their capacity."
 
October scares investors more this year
Oct 15 2005 9:21PM (CT)
NEW YORK (AP) - Investors know October is the stock market's scariest month. But this October finds them even jumpier than usual. The magnitude of the year's calamities _ the tsunami, the Pakistan earthquake and Hurricane Katrina _ has prompted some to prepare for disasters of almost every stripe.
 
Northwest mechanics to vote on new offer
Oct 15 2005 10:31AM (CT)
MINNEAPOLIS (AP) - Union leaders said late Friday that they would let striking Northwest Airlines mechanics vote on the carrier's latest offer, which would save the jobs of only a fraction of those who walked out nearly two months ago.
 
World Bank: Farm trade concessions needed
Oct 15 2005 10:29AM (CT)
XIANGHE, China (AP) - Both developing and wealthy countries must make "serious concessions" on farm subsidies to salvage world trade talks, the World Bank president said Saturday in an appeal for compromise to help the 1.2 billion people living in dire poverty.
 
Federal deficit below last year's record
Oct 15 2005 10:28AM (CT)
WASHINGTON (AP) - The federal deficit hit $319 billion for the budget year just ended, down from last year's record red ink though a surge in Katrina-driven spending threatens to drive it up again.
 
Regulator seeks China anti-fraud help
Oct 15 2005 9:41AM (CT)
BEIJING (AP) - The chief U.S. stock market regulator said Saturday he will seek closer cooperation from Chinese officials to protect investors as Washington pushes for more of China's companies to sell shares on its exchanges.
 
World Bank: Farm trade concessions needed
Oct 15 2005 5:23AM (CT)
XIANGHE, China (AP) - Both developing and wealthy countries must make serious concessions on farm trade to salvage world trade talks, World Bank President Paul Wolfowitz said Saturday, appealing for compromise for the sake of 1.2 billion people living in dire poverty.
 
Big Easy bar owners complain about curfew
Oct 15 2005 2:45AM (CT)
NEW ORLEANS (AP) - Business owners in the French Quarter have been eager to let the good times roll again in the wake of Hurricane Katrina, but they say a 2 a.m. curfew is putting a damper on their plans.
 
   

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