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Latest Business News Archives for December 24, 2006

Gulf Coast casinos draw holiday gamblers
Dec 24 2006 9:49PM (CT)
HARVEY, La. (AP) - The only sign of Christmas on the casino floor is the poker dealer in the Santa hat, and Darren White is glad for that: the subcontractor from Georgia didn't come here to be reminded of the holidays, or anything, for that matter, outside these flashy, noisy walls.
 
Turkey, Georgia in gas-sharing agreement
Dec 24 2006 9:46PM (CT)
TBILISI, Georgia (AP) - Turkey has agreed to give up some of its share of a giant Caspian gas field to Georgia, allowing the small Caucasus nation to reduce its need for expensive Russian gas, the Georgian energy minister said Sunday.
 
Hong Kong passes NYC in attracting IPOs
Dec 24 2006 9:30PM (CT)
HONG KONG (AP) - Hong Kong surged past New York this year and became the world's second most popular place _ after London _ for companies to float new stock listings.
 
Goodyear's Tyler workers hopeful on deal
Dec 24 2006 9:28PM (CT)
TYLER, Texas (AP) - Union workers at the city's unprofitable Goodyear Tire & Rubber Co. plant reacted with hope and some heartache to a tentative deal that would end an 11-week strike but doesn't guarantee their factory's future beyond 2007.
 
Wall Street set to close year quietly
Dec 24 2006 9:26PM (CT)
NEW YORK (AP) - Investors are expected to spend the last week of 2006 getting their portfolios in order, taking advantage of a slow period on Wall Street where volume plunges to its lowest levels of the year.
 
Tiny Texas beer haven wasting away
Dec 24 2006 6:52PM (CT)
MUSTANG, Texas (AP) - It's not much to look at: two dusty streets, a strip club, a boarded-up country western bar, one trash bin, and a dilapidated trailer park where the entire population lives.
 
Thai minister defends currency controls
Dec 24 2006 2:39PM (CT)
BANGKOK, Thailand (AP) - Thailand's Finance Minister Pridiyathorn Devakula has called for China to allow its currency to rise against the dollar, and defended foreign currency controls he said were imposed to save the country's export-dependent economy.
 
China looks to update property, tax laws
Dec 24 2006 2:35PM (CT)
BEIJING (AP) - Parliament on Sunday took up measures meant to bring Chinese law into line with a more open, capitalist-style economy by protecting private property and equalizing taxes for foreign and domestic companies.
 
Copper clothes promoted as healing aids
Dec 24 2006 2:16PM (CT)
BEIT SHEMESH, Israel (AP) - Jeffrey Gabbay hasn't washed his sports socks since 2004. He says he doesn't have to. Gabbay's company, Cupron Inc., says it is the first textile manufacturer to produce fibers "impregnated" with copper oxide, an agent that kills bacteria and odor on contact. The socks, which he says can heal and prevent athlete's foot, are one of his company's best-selling products.
 
Aftertaste vexes 'America's Liqueur'
Dec 24 2006 1:36PM (CT)
LAS VEGAS (AP) - Alcohol fuels this city's all-night clubbing scene and greases the gears of gambling, so it's perhaps not surprising that a Las Vegas man has added his own cocktail ingredient to the mix _ "Redcliff: America's Liqueur."
 
Banks offer cross-border conveniences
Dec 24 2006 12:42PM (CT)
McALLEN, Texas (AP) - Inter National Bank president Carlos Garza has spent recent weeks just over the border in Mexico, hopping from city to city to promote services that allow seamless, cross-border banking.
 
FIFA can delay deal with MasterCard
Dec 24 2006 12:28PM (CT)
ZURICH, Switzerland (AP) - FIFA does not have to immediately grant an eight-year sponsorship deal to MasterCard, pending an appeal of a judge's ruling that the credit card company is entitled to sponsor the 2010 and 2014 World Cup tournaments.
 
Frozen food pioneer treasures microwaves
Dec 24 2006 12:06PM (CT)
SANFORD, Fla. (AP) - Jeno Paulucci may not know much, but he does know food. He sees the world through a microwave oven _ through ravioli, chicken marsala and pot roasts ready in moments, and through stomachs run empty by busy schedules.
 
   

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