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AT&T, union reach tentative contract deal
Dec 11 2005 11:47PM (CT)
SAN ANTONIO (AP) - The Communication Workers of America and AT&T said they reached a tentative agreement late Sunday on a contract for more than 11,000 workers, ending fears of a strike that could have occurred in less than a week.
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Vioxx editorial may bolster Merck suits
Dec 11 2005 10:43PM (CT)
NEW YORK (AP) - Merck & Co.'s failure to disclose information about additional heart attacks in a Vioxx clinical trial to a prominent medical journal strengthens plaintiffs' cases because it bolsters claims that the company deliberately disguised the pain reliever's risks, experts said.
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Paramount buying film studio DreamWorks
Dec 11 2005 10:09PM (CT)
LOS ANGELES (AP) - Paramount Pictures on Sunday agreed to buy independent film studio DreamWorks SKG Inc. for nearly $1 billion cash in a deal designed to help both companies reverse their troubled fortunes.
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Japan stocks post strong gains; dollar up
Dec 11 2005 9:49PM (CT)
TOKYO (AP) - Japanese stocks posted strong gains Monday after rebounding from a botched stock trade last week that triggered widespread selling. The dollar was higher against the yen.
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Prices cut to pull in snowbound shoppers
Dec 11 2005 9:42PM (CT)
NEW YORK (AP) - With less than two weeks of shopping left until Dec. 25, the nation's malls and stores boosted discounts on toys and apparel over the weekend, pulling in shoppers who stayed at home on Friday after a snowstorm hit parts of the Midwest and Northeast. Still, business seemed mixed, with luxury items and consumer electronic gadgets faring the best.
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Report: Palestinian economy to grow in '05
Dec 11 2005 6:06PM (CT)
JERUSALEM (AP) - The Palestinian economy will expand by at least 8 percent in 2005 with unemployment expected to fall sharply, but violence and Israeli restrictions could stymie growth, a World Bank report predicted Sunday.
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Workers rally against Delphi wage cuts
Dec 11 2005 5:59PM (CT)
DAYTON, Ohio (AP) - Thousands of people rallied in southwest Ohio and central Indiana against steep wage cuts proposed by auto parts manufacturer Delphi Corp., which has filed for bankruptcy protection.
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OPEC chief says no need to change output
Dec 11 2005 5:56PM (CT)
KUWAIT CITY (AP) - OPEC's president, backed by oil heavyweight Saudi Arabia, said Sunday there was no need for the powerful group to change output at least for the first quarter of 2006.
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South Korea intervenes to end pilot strike
Dec 11 2005 5:54PM (CT)
SEOUL, South Korea (AP) - South Korea's government on Sunday ordered striking pilots at the country's largest airline back to work, showing again that it refuses to tolerate unrest threatening the national economy.
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WTO demonstration a first for Hong Kong
Dec 11 2005 5:54PM (CT)
HONG KONG (AP) - About 4,000 anti-globalization activists marched Sunday in the first mass protest against the World Trade Organization's summit in Hong Kong.
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Vivendi enters talks with TF1 and M6
Dec 11 2005 5:54PM (CT)
PARIS (AP) - French entertainment company Vivendi Universal said Sunday it had entered talks with private French television companies TF1 and M6 about merging their pay-TV operations.
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Paramount to buy DreamWorks in $1.6B deal
Dec 11 2005 2:48PM (CT)
LOS ANGELES (AP) - Paramount Pictures said Sunday it had agreed to buy independent film studio DreamWorks SKG Inc. in a deal worth $1.6 billion in cash and debt.
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EU weighs action on cheap shoe imports
Dec 11 2005 2:43PM (CT)
BRUSSELS, Belgium (AP) - Mikael Thinghuus bends the sole of a leather shoe to show why Ecco's $118 products are different from the $12 cheap imports for sale in supermarkets across Europe.
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Iowa company launches organic socks
Dec 11 2005 2:40PM (CT)
OSAGE, Iowa (AP) - Iowa sock manufacturer Fox River Mills Inc. has seen the nation's growing demand for all things organic migrate from food to feet.
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Fed meeting could boost stocks
Dec 11 2005 1:14PM (CT)
NEW YORK (AP) - Wall Street could have a chance to revive its recently sluggish rally in the coming week _ as long as the Federal Reserve cooperates.
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Saudis see no need to change oil output
Dec 11 2005 11:00AM (CT)
KUWAIT CITY (AP) - OPEC's president, backed by oil heavyweight Saudi Arabia and others in the group, set the tone Sunday for their meeting next day on prices and production, saying there was no need to change present output at least for the first quarter of 2006.
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Vioxx trial jurors adjourn for weekend
Dec 11 2005 10:55AM (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.
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Hopes low as world leaders gather for WTO
Dec 11 2005 6:44AM (CT)
HONG KONG (AP) - Expectations hang low as trade negotiators representing the WTO's 149 countries gather this week in this Asian financial center.
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