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Wall Street gains foster IPO boom
Dec 2 2006 9:14PM (CT)
NEW YORK (AP) - There's a billion dollar side benefit to Wall Street's fourth-quarter march into record territory _ 2006 looks to be one of the best years for initial public offerings since the end of the dot-com boom.
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Ecuador leader eyes wealth distribution
Dec 2 2006 2:41PM (CT)
QUITO, Ecuador (AP) - Ecuador's president-elect joins a wave of Latin American leaders swept into power opposing the free-market economic policies that are preached by Washington but are hugely unpopular among the region's poor.
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Ecuador leader eyes wealth distribution
Dec 2 2006 2:40PM (CT)
QUITO, Ecuador (AP) - Ecuador's president-elect joins a wave of Latin American leaders swept into power opposing the free-market economic policies that are preached by Washington but are hugely unpopular among the region's poor.
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Europe calmly looks at sliding dollar
Dec 2 2006 2:31PM (CT)
BERLIN (AP) - With the European economy on the upswing, companies and governments are shrugging off the dollar's renewed slide against the euro this week _ a phenomenon once dreaded as potential poison for the continent's many exporters.
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Dollars drop in Asia double-edged sword
Dec 2 2006 2:25PM (CT)
SEOUL, South Korea (AP) - Thai frozen food exporters are calling for the government to stop the baht's surge and South Korean automakers are seeing their earnings shrink.
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La. orange crop still down after storms
Dec 2 2006 2:22PM (CT)
JESUIT BEND, La. (AP) - Last year's hurricanes flooded Ben Becnel Sr.'s citrus groves with saltwater, thrashed three of his greenhouses and workers' quarters and destroyed or otherwise damaged hundreds of orange trees.
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Delphi, GM exchange 'draft agreements'
Dec 2 2006 2:07PM (CT)
DETROIT (AP) - Talks are progressing between Delphi Corp. and former parent General Motors as they negotiate to try to help the auto parts supplier emerge from bankruptcy protection, according to court documents.
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Ford's Nov. sales slip; GM, Toyota rise
Dec 2 2006 4:15AM (CT)
DETROIT (AP) - With a slump in U.S. vehicle sales by Ford Motor Co. last month, the No. 2 domestic automaker was beaten out not only by Japanese rival Toyota Motor Corp. for the second time ever but by DaimlerChrysler AG as well.
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FCC chair moves to break AT&T deadlock
Dec 2 2006 4:14AM (CT)
NEW YORK (AP) - Declaring an "impasse" on AT&T Inc.'s proposed acquisition of BellSouth Corp., Federal Communications Chairman Kevin Martin cleared the way Friday for a commissioner who had disqualified himself from the deliberations to break the deadlock.
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Bank of America CFO de Molina to resign
Dec 2 2006 3:58AM (CT)
CHARLOTTE, N.C. (AP) - Bank of America Corp. announced Friday that its chief financial officer, Al G. de Molina, will resign at the end of the year and be succeeded by fellow executive Joe Price.
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