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Latest Business News Archives for December 10, 2005

UAW: Tentative health care deal with Ford
Dec 10 2005 10:54PM (CT)
DETROIT (AP) - The United Auto Workers said Saturday it reached a tentative agreement on health care costs with Ford Motor Co. that will require "sacrifices" from workers and retirees.
 
Vioxx trial jurors adjourn for weekend
Dec 10 2005 10:34PM (CT)
HOUSTON (AP) - Jurors in the nation's first federal trial over Merck & Co.'s once-popular painkiller Vioxx ended a third day of deliberations Saturday without reaching a verdict on whether the drug contributed to a man's fatal heart attack.
 
AT&T, CWA negotiations continue
Dec 10 2005 3:47PM (CT)
SAN ANTONIO (AP) - Just hours before a strike deadline, the Communication Workers of America and AT&T remained at the bargaining table Saturday negotiating a new contract for about 11,000 workers.
 
U.S. foreign money addiction means trouble
Dec 10 2005 12:58PM (CT)
NEW YORK (AP) - It's an addiction. Every day, the United States sucks in more and more of it from abroad, just to keep the nation going. We speak, of course, about foreign money.
 
Striking Korean Air pilots seek compromise
Dec 10 2005 4:19AM (CT)
SEOUL, South Korea (AP) - Striking pilots at Korean Air Co. said Saturday they're willing to moderate their demands for a wage increase if management also offers a compromise.
 
GM, Kerkorian fail to reach deal on seat
Dec 10 2005 12:57AM (CT)
DETROIT (AP) - General Motors Corp. and billionaire investor Kirk Kerkorian said in a joint statement Friday that they have failed to reach an agreement on Kerkorian's request to gain a seat on the automaker's board for his aide Jerome York.
 
Eli Lilly to post top forecast earnings
Dec 10 2005 12:54AM (CT)
NEW YORK (AP) - Drug maker Eli Lilly and Co. on Friday said it will post earnings per share at the high end of its forecast for this year, and its estimates for next year topped analysts projections.
 
Kellogg to reduce trans fat in products
Dec 10 2005 12:05AM (CT)
GRAND RAPIDS, Mich. (AP) - Starting early next year, some products made by Kellogg Co. will contain oils derived from genetically modified soybeans to reduce or eliminate trans fatty acids and minimize saturated fats, the cereal maker said Friday.
 
   

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