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Latest Business News Archives for December 31, 2005

Plaintiffs want H&R Block to mention suit
Dec 31 2005 10:45PM (CT)
KANSAS CITY, Mo. (AP) - Tax preparer H&R Block Inc. should inform customers applying for refund anticipation loans of the existence of a class action lawsuit concerning how the loans have been sold in the past, plaintiffs' attorneys said this week.
 
Wall Street hunts for escape from doldrums
Dec 31 2005 10:40PM (CT)
NEW YORK (AP) - Ever have a day when you wondered why you bothered going to work? Imagine how you'd feel if the whole year went that way. Ask a Wall Street trader _ stocks' 2005 activity can be described by a nearly flat line. How can stocks escape from Nowheresville? The Street's big thinkers are eyeing each road out with a mix of hope and greed.
 
2006 to bring more tax breaks for hybrids
Dec 31 2005 11:44AM (CT)
WASHINGTON (AP) - Hybrid cars are a good bet for tax breaks in 2006. The new year will bring more savings for buyers of at least 13 gas-electric vehicles, with those showing the most improvement in fuel efficiency securing bigger tax breaks for their new owners.
 
United creditors OK reorganization plan
Dec 31 2005 9:08AM (CT)
ELK GROVE VILLAGE, Ill. (AP) - United Airlines says its creditors have voted to approve its reorganization plan, an important step in the airline's bid to come out of bankruptcy in early 2006.
 
Wash. drops pesticide notification rule
Dec 31 2005 4:52AM (CT)
OLYMPIA, Wash. (AP) - Schools, hospitals and day-care centers don't need two days of written notice before their farmer neighbors spray dangerous pesticides, the state agriculture director has decided.
 
Domestic mutual funds beat market for 2005
Dec 31 2005 3:16AM (CT)
NEW YORK (AP) - While the stock market limped along to meager gains in 2005, investors who had money in well managed domestic stock mutual funds outdid the overall market, enjoying mid- to high single-digit returns.
 
Delta reports losing $182M in November
Dec 31 2005 12:10AM (CT)
ATLANTA (AP) - Delta Air Lines Inc., the nation's third-largest carrier, said Friday it lost $182 million in November, pushing its red ink to $11.6 billion since January 2001.
 
24 companies seeking slots licenses in Pa.
Dec 31 2005 12:09AM (CT)
HARRISBURG, Pa. (AP) - Twenty-four gambling companies, American Indian tribes and developers from Cleveland to Connecticut and Philadelphia to Phoenix have applied for the 14 licenses that will be awarded by Pennsylvania to operate slot-machine gambling parlors, state officials said Friday.
 
Oil prices end 2005 40 percent higher
Dec 31 2005 12:09AM (CT)
NEW YORK (AP) - Oil futures settled above $61 a barrel Friday and finished 40 percent higher than they started in 2005, capping a tough year for energy consumers but a great one for the petroleum industry as prices soared amid strong demand and tight supplies.
 
U.S. partners miss free-trade deal deadline
Dec 31 2005 12:04AM (CT)
WASHINGTON (AP) - U.S. trading partners in Latin America have not completed requirements for joining a regional free-trade zone and the New Year's Day launch of the project will be missed, the U.S. government said Friday.
 
   

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