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China sets new high for yuan vs. dollar
Oct 29 2006 10:18PM (CT)
SHANGHAI, China (AP) - The official opening exchange rate for the Chinese yuan was set at a record high against the U.S. dollar on Monday and a top official pledged more progress on loosening currency controls.
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Hyundai 3Q profit falls 47 percent
Oct 29 2006 9:20PM (CT)
SEOUL, South Korea (AP) - Hyundai Motor Co. announced Monday that its third-quarter net profit fell 47 percent from a year earlier, sliced by a stronger won and production losses from a strike.
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Japanese stocks down, dollar lower
Oct 29 2006 9:19PM (CT)
TOKYO (AP) - Japanese stocks were lower just after Monday's open, with automobile and technology stocks declining as the yen strengthened against the dollar.
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Retirement may not be as good as hoped
Oct 29 2006 9:14PM (CT)
NEW YORK (AP) - American workers are finding it harder to save for retirement _ and fear this could result in a less-satisfying lifestyle after they stop working.
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Mesaba, flight attendants reach deal
Oct 29 2006 5:41PM (CT)
MINNEAPOLIS (AP) - Mesaba Aviation Inc. and the union that represents its flight attendants reached a tentative agreement on labor concessions on Sunday, one day after doing the same with its pilots, said the airline, which is in bankruptcy protection.
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Softbank Mobile victim of own popularity
Oct 29 2006 5:40PM (CT)
TOKYO (AP) - Japanese mobile phone carrier Softbank Mobile Corp., which slashed its prices last week to undercut rivals, said it had to stop taking new applications Sunday because it was flooded by new customers wanting to switch to its service.
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Damage limits at stake in tobacco appeal
Oct 29 2006 3:34PM (CT)
PORTLAND, Ore. (AP) - The question of whether juries should be allowed to award massive punitive damages is at stake when the U.S. Supreme Court hears arguments over an $80 million verdict against tobacco giant Philip Morris.
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CEO insists AK Steel isn't on sale block
Oct 29 2006 3:28PM (CT)
CINCINNATI (AP) - As a lockout of union employees nears its ninth month, AK Steel executives insist that they are not shopping the Ohio company even though some analysts think it is being eyed for a possible takeover.
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Qantas, Aribus strike A380s, A330s deal
Oct 29 2006 3:26PM (CT)
SYDNEY (AP) - Australia's Qantas Airways Ltd., one of the global airlines that had been in compensation talks with Airbus over A380 delivery delays, Sunday said it has ordered another eight of the superjumbos.
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Mesaba Aviation, pilots reach deal
Oct 29 2006 2:34PM (CT)
MINNEAPOLIS (AP) - Mesaba Aviation Inc. and the union that represents its pilots reached a tentative agreement on labor concessions, said the airline, which is in bankruptcy protection.
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Pink plastic flamingo faces extinction
Oct 29 2006 1:23PM (CT)
LEOMINSTER, Mass. (AP) - The day Mayor Dean Mazzarella turned 40, he got a surprise. "After I woke up and went out for my morning run, I came back and there were 40 pink flamingos in my front lawn," Mazzarella recalled. "Someone had put them there as a joke."
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Investors look to weigh economic data
Oct 29 2006 11:41AM (CT)
NEW YORK (AP) - Wall Street will get an avalanche of economic data this week that should give investors a better glimpse about the economy's direction, including closely watched consumer confidence and unemployment numbers.
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Fish farmers bemoan ban on shipments
Oct 29 2006 10:50AM (CT)
TRAVERSE CITY, Mich. (AP) - A government crackdown on live fish shipments from the Great Lakes states is intended to check the spread of a deadly aquatic virus, but critics say it could devastate the region's fishing industry.
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