2 hours, 39 minutes ago
(AP) A Wyoming refinery says it plans to fight the U.S. Environmental Protection Agency's nearly $7 million fine levied in late September for allegedly dumping hazardous waste into a pond designed to hold storm water.Gerald Faudel, Frontier Oil Corp.'s vice president of government relations, told the Tribune Eagle, "We continue to ...
3 hours, 3 minutes ago
(AP) Bristol-Myers Squibb is splitting off its holdings in infant formula maker Mead Johnson Nutrition in order to focus on its biopharmaceutical business.The New York-based drug maker, which owns about 80 percent of Mead stock, expects the deal to add to earnings starting in 2010.The company says the stock swap is ...
3 hours, 3 minutes ago
(AP) John Eckel Jr., who turned a 23-mile pipeline into a midstream natural gas company with more than 6,000 miles of pipeline and seven processing plants, has died at the age of 58, Copano Energy LLC said Sunday.Eckel had been on medical leave since Nov. 4 and recently suffered liver failure, ...
3 hours, 51 minutes ago
(AP) A Texas judge has issued final approval of Grupo Mexico SAB's plan to regain control of copper miner Asarco LLC, ending a lengthy takeover battle with rival suitor Sterlite Industries.The Mexico City-based conglomerate said Sunday that U.S. District Court Judge Andrew Hanen in Brownsville, Texas on Friday confirmed Grupo Mexico's ...
5 hours, 27 minutes ago
(AP) The federal stimulus funding that has reached Michigan so far has created few private-sector jobs and some recipients of the cash have overstated the number of jobs created or protected, an analysis by the Detroit Free Press shows.The newspaper's examination of the more than 1,800 awards to agencies, departments, municipalities ...
7 hours, 2 minutes ago
(AP) There's a tug of war in the financial markets between investors who believe the economy is on its way to a strong recovery and those who believe a rebound is likely to be slow and bumpy.The result: a spate of volatility in stock trading that's likely to continue this week."That ...
7 hours, 27 minutes ago
(AP) General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers, including the C919 narrow-body aircraft that China hopes will compete with jets made by industry giants Boeing and Airbus.The goal is to launch the new China-based company by ...
8 hours, 39 minutes ago
(AP) It was about fascination with big money _ and the life of a couple at the center of the biggest financial fraud case in U.S. history.Bernard and Ruth Madoff's belongings fetched several times their estimated values at auction Saturday for a total of about $1 million, twice as much as ...
9 hours, 2 minutes ago
(AP) President Barack Obama is walking a tightrope on his first trip to China, seeking to enlist help in tackling urgent global problems while weighing when and how _ or if _ he should raise traditional human rights concerns.Obama arrived in Shanghai late at night, in a driving rain, hustling through ...
9 hours, 3 minutes ago
(AP) They're antsy and edgy, tired of waiting for promotion opportunities at work as their elders put off retirement. A good number of them are just waiting for the economy to pick up so they can hop to the next job, find something more fulfilling and get what they think they ...
9 hours, 27 minutes ago
(AP) Citigroup is selling its controlling stake in Japan's leading call center operator, Bellsystem24, to private equity firm Bain Capital Partners in a deal that values the operation at $1.1 billion.Under terms of the deal announced Sunday, Citi private investment unit Citigroup Capital Partners Japan will receive $1 billion in cash ...
9 hours, 27 minutes ago
(AP) The union representing workers at Liz Claiborne Inc.'s warehouse in Lincoln say they've been informed the company is shutting down the facility this spring and moving operations elsewhere.About 120 people work at the distribution center for the fashion company's jewelry division. In a statement, the company says about 100 people ...
9 hours, 45 minutes ago
(AP) Intel Corp. said it has no plans to close a factory in Jerusalem on Saturdays, despite violent protests by ultra-Orthodox Jews who accuse the chip maker of desecrating the Jewish Sabbath.About 1,500 protesters demonstrated Saturday outside the company's facilities, located in Jerusalem's Har Hotzvim industrial zone near ultra-Orthodox areas. Intel ...
9 hours, 51 minutes ago
(AP) The burning glow over North Dakota's oil patch is slowly dimming as companies work to capture and sell natural gas instead of flaring it.Though the flares atop the oil fields have lessened in recent months, it's still tough to stomach for those in North Dakota who question rising heating bills ...
9 hours, 51 minutes ago
(AP) American charities have weathered a significant drop in giving this year, and while they're hoping for a holiday miracle, a recent survey shows they will probably see a decrease in year-end generosity.In light of the economic downturn, only 38 percent of Americans say they are more likely to give a ...
9 hours, 51 minutes ago
(AP) Alaska Gov. Sean Parnell says he has the best interest of polar bears at heart, but he doesn't intend to let the federal government's expanded protection for bears get in the way of the state's continued prosperity.Like his predecessor, Sarah Palin, the governor is suing the federal government to overturn ...
9 hours, 51 minutes ago
(AP) In his visit to Beijing this week, President Barack Obama is expected to tread lightly when pressing China to let its currency rise against the dollar.Doing so would benefit the U.S. economy by making American-made goods cheaper in China, but Obama is reluctant to upset Beijing.China is the No. 1 ...
11 hours, 3 minutes ago
(AP) Open trade and people-centered strategies are key for sustained, stable growth, President Barack Obama and Asia-Pacific leaders said Sunday, pledging to persist with stimulus spending until a global recovery is assured.The leaders wrapped up the annual meeting of the 21-member Asia-Pacific Economic Cooperation forum with a joint pledge to resist ...
12 hours, 15 minutes ago
(AP) Lou Dobbs says he doesn't feel like he was pushed out of CNN, the news organization where he worked for all but two years of its existence until last Wednesday.In a weekend interview with The Associated Press, Dobbs says he had "a very amicable parting on the best of terms."Although ...
15 hours, 3 minutes ago
(AP) A top antitrust investigator from the U.S. Justice Department is investigating why New York farmers are getting record low payments for milk and consumers are seeing just a fraction of the savings.Sen. Charles Schumer is scheduled to announce the effort Sunday. It follows his request for a probe after his ...
15 hours, 51 minutes ago
(AP) U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction last year amid a massive funding crunch, the company said Sunday.This week Sands will seek to raise more than $3.3 billion from an initial public offering of ...
15 hours, 51 minutes ago
(AP) China's top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in stocks and property, distorting global asset prices and threatening the global economic recovery.The situation poses an "insurmountable risk to the recovery of the world economy," Liu Mingkang, chairman of the China Banking ...
15 hours, 51 minutes ago
(AP) Ethiopian Airlines has confirmed an order of 12 A350 XWB aircraft from Airbus at Dubai airshow.The order covers Trent XWB engines for 12 A350 XWB planes that will begin service in 2017. Airbus values the deal at $3 billion at list prices.This is the first plane order at the Dubai ...
19 hours, 5 minutes ago
(AP) Stimulus spending and other emergency measures have set the stage for global economic recovery, but nations must push ahead with free trade and investment to ensure growth, President Barack Obama and fellow Asia-Pacific leaders said Sunday.Obama and 20 other leaders, meeting in Singapore for the annual Asia-Pacific Economic Cooperation forum, ...
20 hours, 53 minutes ago
(AP) Stimulus spending and other strong actions have set the stage for global economic recovery, but nations must push ahead with free trade and investment to ensure growth, President Barack Obama and fellow Asia-Pacific leaders said Sunday.Obama and 20 other leaders, meeting in Singapore for the annual Asia-Pacific Economic Cooperation forum, ...
