12 hours, 45 minutes ago
(AP) Federal regulators are investigating the deaths of two patients who received injections of a longer-lasting version of Eli Lilly's antipsychotic Zyprexa.The Food and Drug Administration says the patients died three to four days after receiving an appropriate dose of the ...
12 hours, 45 minutes ago
(AP) President Barack Obama has given the clearest signal yet that Chairman Ben Bernanke will likely leave the Federal Reserve when his term ends in January.During an interview with PBS' Charlie Rose that aired Monday, Obama said Bernanke has "already stayed ...
12 hours, 45 minutes ago
(AP) Starbucks wants coffee fans to think of it as a spot to grab lunch or late afternoon bite _ not just a place to get a cup of morning joe.The Seattle-based coffee chain is looking to increase sales in the ...
12 hours, 45 minutes ago
(AP) Smithfield Foods Inc. is laying off 120 more workers as part of its previously announced closure of a Virginia facility that makes hot dogs and deli meat.The Smithfield, Va.-based pork producer said Tuesday that it plans to close the Portsmouth ...
12 hours, 45 minutes ago
(AP) U.S. consumer prices rose slightly in May as higher energy costs were partly offset by cheaper food. The small increase underscores that inflation is mild.The consumer price index ticked up a seasonally adjusted 0.1 percent last month, only the second ...
12 hours, 45 minutes ago
(AP) Starbucks has a new way to wake up its customers: showing the calories in its drinks.The Seattle-based coffee chain says it will start posting calorie counts on menu boards nationwide next week, ahead of a federal regulation that would require ...
12 hours, 45 minutes ago
(AP) U.S. builders began construction on more single-family homes and apartments in May, encouraged by more buyers and a scarcity of houses for sale.The overall pace of homes started rose 6.8 percent last month to a seasonally adjusted annual rate of ...
12 hours, 45 minutes ago
(AP) Duke Energy's chief financial officer will take over for retiring CEO Jim Rogers at the end of the month.Lynn Good, 54, has been CFO since 2009. She will also take a seat on the company board.Rogers will retain his board ...
12 hours, 45 minutes ago
(AP) U.S. home construction has risen steadily in the past year, fueled by more buyers and a scarcity of houses for sale.An increase in permits and growing confidence among builders suggest the pace of construction strengthened in May, providing more support ...
12 hours, 45 minutes ago
(AP) European car sales have hit their lowest level for the month of May in 20 years as the continent's recession continues to deepen.The European automaker's association said Tuesday that passenger car sale demand dropped by 5.9 percent in the European ...
12 hours, 45 minutes ago
(AP) Sprint Nextel is suing to stop Dish Network's buyout offer for wireless data network operator Clearwire. The nation's third-largest cellphone carrier says the proposed deal violates the rights of Sprint and other Clearwire shareholders.Dish is offering to pay $4.40 per ...
12 hours, 45 minutes ago
(AP) Thrifty Car Rental says it's sorry, but many customers who were offered a free one-day rental won't be getting that after all.The company says the offer was intended for a select group of top customers but was sent accidentally to ...
12 hours, 45 minutes ago
(AP) The company that owns the Chicago Tribune, Los Angeles Times and more than 20 television station made slightly less money last year as it ended a lengthy ordeal in bankruptcy court.A financial statement released Monday shows the Tribune Co. earned ...
12 hours, 45 minutes ago
(AP) There will be festivities and fireworks, but Kata Secic can't muster much enthusiasm for Croatia's historic entry into the European Union.The 53-year-old Croatian textile factory worker has a more immediate worry: The underwear manufacturer she works for went bust and ...
12 hours, 45 minutes ago
(AP) THE NEWS: Lowe's Cos. offered to buy Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash.DETAILS: Orchard Supply filed a voluntary Chapter 11 bankruptcy petition on Monday, so the offer from Lowe's will become the "stalking horse" ...
12 hours, 45 minutes ago
(AP) For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months.The National Association of Home Builders/Wells Fargo builder sentiment index leaped to 52 ...
12 hours, 45 minutes ago
(AP) Descendants of German automobile entrepreneur Ferdinand Porsche have bought back a 10 percent stake in their holding company from Qatar's sovereign wealth fund.Carmaker Porsche confirmed the transaction Monday but didn't reveal the sales price.The Porsche and Piech families are now ...
12 hours, 45 minutes ago
(AP) One of Smithfield Foods' largest shareholders says a $4.72 billion takeover bid from China's largest meat producer falls short of what the company would be worth if sold off piece by piece.New York-based investment firm Starboard Value LP, which owns ...
12 hours, 45 minutes ago
(AP) Lowe's says it plans to expand its California presence with an acquisition of Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash.Orchard Supply filed a voluntary Chapter 11 bankruptcy petition on Monday, so the offer from Lowe's ...
12 hours, 45 minutes ago
(AP) Airbus says aircraft leasing company ILFC made a firm order Monday for 50 short-haul A320neo jets, kicking off the Paris Air Show with a robust start for the European plane maker.Financial details were not disclosed Monday. According to list prices, ...
12 hours, 45 minutes ago
(AP) General Motors is recalling more than 193,652 SUVs from the 2006 and 2007 model years because a circuit board in the driver's door could short and cause a fire.The vehicles involved are the Chevrolet Trailblazer, GMC Envoy, Ruick Rainier, Saab ...
12 hours, 45 minutes ago
(AP) Chrysler Group LLC says it is freezing the pension of roughly 8,000 U.S. salaried employees at the end of the year.The U.S. automaker says it is making the move to stay in line with industry trends and to comply with ...
12 hours, 45 minutes ago
(AP) FACTORY OUTPUT: U.S. factories increased their output just 0.1 percent in May from April after declines the previous two months. Factories made more autos and computers last month, but produced less furniture and primary metals.INDUSTRIAL PRODUCTION: Total industrial production, which ...
12 hours, 45 minutes ago
(AP) Lululemon has had a rocky few months. Now it's looking for help. According to a new CEO job ad it's posted, it's seeking a leader who can hold a headstand for at least 10 minutes, communicate in Sanskrit and down ...
12 hours, 45 minutes ago
(AP) Egypt's civil aviation minister says the national airline lost an estimated 1.3 billion Egyptian pounds, or around $185 million, over the last fiscal year.Wael el-Maadawi said Friday that EgyptAir's losses for the year ending this month were mainly due to ...
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