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China: 8 foreign banks seek local status
Dec 10 2006 11:28PM (CT)
BEIJING (AP) - Eight foreign banks have applied to open retail operations in China, the bank regulator said as a WTO deadline for opening China's banking market passed Monday.
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Japan stocks rise on exporter issues
Dec 10 2006 10:45PM (CT)
TOKYO (AP) - Japanese stocks rose Monday morning as export-oriented issues picked up ground on the dollar's recent recovery against the yen.
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China expects 10.5 percent yearly growth
Dec 10 2006 10:42PM (CT)
BEIJING (AP) - China's economy should expand by 10.5 percent this year as an investment boom surges ahead despite tightening government controls, the country's top planner said in comments reported Monday by state media.
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New Ecuador leader nixes U.S. trade pact
Dec 10 2006 8:41PM (CT)
LIMA, Peru (AP) - Ecuador's President-elect Rafael Correa said Sunday that he will not sign a free trade agreement with the United States but will seek extended trade preferences under an anti-drug agreement.
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Investors seek signs of how '06 will end
Dec 10 2006 7:28PM (CT)
NEW YORK (AP) - Wall Street will wade through a slew of fresh economic data in the coming week as it strives to determine how well the economy is holding up and whether the surge in stocks of the past few months can be sustained through the final weeks of the year.
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Nearly 50 years old, Barbie bounces back
Dec 10 2006 6:40PM (CT)
CHICAGO (AP) - As dolls go, Barbie has had her ups and downs. She's achieved iconic status, amid multiple alterations to her figure, face and wardrobe. She's survived a very public breakup with Ken and withstood fierce competition from other dolls who've snagged some of her market share.
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Big Retail indulges customers in candy
Dec 10 2006 3:23PM (CT)
MECHANICSBURG, Pa. (AP) - Snickers bar with that circular saw? Life Savers with that laser printer? Mr. Goodbar with that batting glove?
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Infosys Technologies to join Nasdaq-100
Dec 10 2006 3:13PM (CT)
NEW DELHI (AP) - Software maker Infosys Technologies Ltd. was set to become the first Indian company to join an elite Nasdaq grouping when the U.S. stock exchange opens for trading Monday.
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French bank chief Francis Mayer dies
Dec 10 2006 3:11PM (CT)
PARIS (AP) - Francis Mayer, chairman and chief executive officer of French state-owned bank CDC, has died at age 56 in Paris.
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Goodyear workers seek global support
Dec 10 2006 2:40PM (CT)
CLEVELAND (AP) - Birgit Birgersson-Brorsson, a union officer for IF Metall in Sweden, spent an afternoon recently with strikers on a Goodyear Tire & Rubber Co. picket line. Wood scraps burning in a barrel helped keep them warm.
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The eco-conscious pay to ease guilt
Dec 10 2006 2:27PM (CT)
SAN FRANCISCO (AP) - Jill Cody used to feel guilty whenever she drove her car or flew on an airplane. She worried about pumping heat-trapping carbon dioxide into the atmosphere and contributing to global warming.
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U.S. panel busy reviewing business deals
Dec 10 2006 1:37PM (CT)
WASHINGTON (AP) - In the same year that public furor derailed a Dubai-owned company's plans to buy and run operations at major American ports, the number of foreign business deals reviewed by the Bush administration for U.S. security risks surged to nearly 100, up from 65 reviews last year.
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Cities face life without 16 Ford plants
Dec 10 2006 2:03AM (CT)
LORAIN, Ohio (AP) - He glances through the chain-link fence at hulking, dark buildings and weeds growing tall in pavement cracks. The chilling scene on a gray November day makes John "Larry" Wargo sigh with sadness. He remembers when the parking lots were packed _ with workers' cars and freshly assembled vehicles waiting to be sent from the Lorain Ford Assembly Plant to market.
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Wall Street ends week with moderate rise
Dec 10 2006 2:02AM (CT)
NEW YORK (AP) - Wall Street ended an erratic week with a moderate advance Friday as investors welcomed a government employment report that painted the U.S. job market as robust heading into the holiday season, easing concerns that the economy is losing steam too quickly. The major indexes all posted gains for the week.
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McDonald's shares reach seven-year high
Dec 10 2006 2:01AM (CT)
OAK BROOK, Ill. (AP) - Shares in McDonald's Corp. hit a seven-year high Friday after the fast-food chain said November same-store sales rose 6.2 percent, led by impressive growth in Europe.
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American proposes Chicago-Beijing route
Dec 10 2006 2:01AM (CT)
DALLAS (AP) - American Airlines is tinkering with its bid for new service to China, proposing that flights from Dallas stop in Chicago en route to Beijing, to get around objections from pilots. The airline said Friday it has asked to amend its plan now pending before the U.S. Transportation Department.
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