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Latest Business News Archives for December 31, 2006

Mine industry looks to strengthen seals
Dec 31 2006 10:14PM (CT)
CHARLESTON, W.Va. (AP) - The coal mining industry has high hopes for a new material that may harden underground seals that don't meet federal strength standards.
 
Euro in widespread use outside EU
Dec 31 2006 10:10PM (CT)
BRUSSELS, Belgium (AP) - Slovenia converts to the euro on Monday, officially becoming the 13th member of the eurozone _ and the first among the EU's newest members to qualify to use the currency.
 
Wal-Mart same-store sales rise in Dec.
Dec 31 2006 8:34PM (CT)
BENTONVILLE, Ark. (AP) - Wal-Mart Stores Inc. said December sales at its stores open at least a year were higher than expected, following a bleak November for the world's largest retailer.
 
Wall Street eyes broad data for new year
Dec 31 2006 8:33PM (CT)
NEW YORK (AP) - The first trading week of the year may be a short one, but it may help determine whether the stock market's record-breaking run will continue or melt down in 2007.
 
Gov't, industry join in E. coli fight
Dec 31 2006 6:06PM (CT)
TRENTON, N.J. (AP) - In light of food poisoning outbreaks involving spinach and lettuce, the government and the produce industry are scrambling to make leafy greens safer before the spring planting season.
 
Belarus signs gas contract with Gazprom
Dec 31 2006 5:31PM (CT)
MOSCOW (AP) - Belarus and Russia's natural gas monopoly signed a five-year contract for gas supplies early Monday, just hours before Russia had threatened to cut off supplies in a price dispute.
 
Phoenix ups US Airways flight ops offer
Dec 31 2006 3:13PM (CT)
PHOENIX (AP) - Phoenix has more than doubled its offer for a US Airways flight operations center, promising incentives and tax breaks that could save the company as much as $36 million over the next 25 years.
 
Calif. mill town faces uncertain future
Dec 31 2006 2:12PM (CT)
SCOTIA, Calif. (AP) - Along with the scent of freshly cut redwood, an air of uncertainty hangs over this idyllic Northern California logging town.
 
Report: China group buys oil stake
Dec 31 2006 2:00PM (CT)
BEIJING (AP) - China, which is aggressively seeking overseas energy assets to fuel its booming economy, said Sunday that one of its biggest conglomerates has bought the Kazakhstan oil assets of a Canadian company for $1.91 billion.
 
Union leaders embrace new AK Steel offer
Dec 31 2006 1:57PM (CT)
MIDDLETOWN, Ohio (AP) - With the lockout at AK Steel's Middletown Works entering its 11th month, leaders of the union representing some 1,800 workers have done an about-face. They are now embracing contract terms that members overwhelmingly rejected in October.
 
Development could change Calif. valley
Dec 31 2006 1:49PM (CT)
CLARKSBURG, Calif. (AP) - Change comes slowly in this former sugar beet town on the edge of the state capital. Not many people leave, and there are few newcomers because there is no room to grow. The riverside hamlet of about 300 is located in a part of the delta that has been off-limits to development and preserved for agriculture.
 
Celebrity chefs boost culinary schools
Dec 31 2006 1:47PM (CT)
SAN FRANCISCO (AP) - Cameron Cuisinier's dreams of a catering career led him to culinary school. Now he's unemployed and $43,000 in debt, and he's not alone.
 
   

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