Business News
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German tax income up nearly 9 percent in July
Tweet Share on Facebook 2:32AM August 20, 2012 CommentBERLIN (AP) — Germany's Finance Ministry says the country's tax income was nearly 9 percent higher in July than a year earlier — helped by recent wage increases and underlining the continuing strength of Europe's biggest economy.
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Oil stays above $96 on consumer confidence
Tweet Share on Facebook 12:53AM August 20, 2012 CommentBANGKOK (AP) — Oil prices rose for a fifth straight day of gains Monday, on the back of rising consumer confidence in the U.S. economy.
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Carlson travel and hospitality names new CEO
Tweet Share on Facebook 8:19PM August 19, 2012 CommentMINNEAPOLIS (AP) — Global hospitality and travel company Carlson on Sunday named Trudy Rautio as its new president and CEO, making her just the fifth chief executive in the 74-year history of the family owned company whose brands include Radisson hotels , T.G.I. Friday's restaurants and Carlson Wagonlit Travel.
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'Expendables 2' brawls to No. 1 with $28.8M
Tweet Share on Facebook 3:54PM August 19, 2012 CommentLOS ANGELES (AP) — Sylvester Stallone and his beefy buddies have muscled their way to the top of the weekend box office.
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Honda looks to silence critics with new Accord
Tweet Share on Facebook 2:45PM August 19, 2012 CommentDETROIT (AP) — Honda wants to silence its critics when it rolls out the new Accord this week.
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Ranchers lose hope drought aid will come in time
Tweet Share on Facebook 2:14PM August 19, 2012 CommentOMAHA, Neb. (AP) — It's hard to tell what frustrates Todd Eggerling more — the weather or Congress.
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NY regulator has friends, foes after bank deal
Tweet Share on Facebook 2:13PM August 19, 2012 CommentALBANY, N.Y. (AP) — New York financial regulator Benjamin Lawsky, an Ivy League ex-prosecutor and top lieutenant to Gov. Andrew Cuomo, shook a record $340 million settlement this week from a major British bank accused of money-laundering for Iran, earning both praise for his aggressive approach and criticism from those who saw it as a publicity grab.
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American Airlines' flight attendants OK contract
Tweet Share on Facebook 2:06PM August 19, 2012 CommentDALLAS (AP) — Flight attendants at American Airlines voted to approve a new contract offer from the airline, which is seeking to cut costs in bankruptcy protection.
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The least loved day is also the market's worst
Tweet Share on Facebook 12:12PM August 19, 2012 CommentNEW YORK (AP) — It's not just in your head. Mondays really are the worst.
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Insider trading language gets workout at NY trial
Tweet Share on Facebook 11:22AM August 19, 2012 CommentNEW YORK (AP) — The definition of insider trading has gotten a workout at the Manhattan federal trial of a San Francisco hedge fund founder after he testified that information he elicits from public company executives about earnings or future prospects is legal as long as he is not told exact numbers.
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Island authorities denounce attack on tax police
Tweet Share on Facebook 9:34AM August 19, 2012 CommentATHENS, Greece (AP) — Local authorities on the Greek island of Hydra have denounced an attack by a local crowd on tax police after they detained a restaurant owner who did not provide receipts to clients.
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Social Security fixable; changes politically tough
Tweet Share on Facebook 9:02AM August 19, 2012 CommentWASHINGTON (AP) — Despite Social Security's long-term problems, the massive retirement and disability program could be preserved for generations to come with modest but politically difficult changes to benefits or taxes, or a combination of both.
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Dems slam Ryan over Social Security privatization
Tweet Share on Facebook 8:57AM August 19, 2012 CommentWASHINGTON (AP) — Democrats are eagerly renewing their fight against privatizing Social Security now that Republican presidential candidate Mitt Romney has picked Paul Ryan as his running mate. It was a fight that didn't go well for the GOP when President George W. Bush pushed the idea in 2005.
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Report: Merkel ally rejects concessions to Greece
Tweet Share on Facebook 7:21AM August 19, 2012 CommentBERLIN (AP) — A senior ally of Chancellor Angela Merkel insisted that there is no room for concessions to Greece on fulfilling the conditions of its aid program and said in an interview published Sunday that he sees little chance of Germany's governing coalition supporting a third rescue package.
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Fisker recalling Karma sedans to fix fans
Tweet Share on Facebook 9:28PM August 18, 2012 CommentDETROIT (AP) — Electric-car maker Fisker Automotive is recalling about 2,400 Karma sports sedans to fix cooling fans that can catch fire.
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The Tonight Show cuts staff; Leno trims pay
Tweet Share on Facebook 6:34PM August 18, 2012 CommentSAN FRANCISCO (AP) — "The Tonight Show" has laid off about two dozen workers, prompting host Jay Leno to accept a pay cut to spare other staffers as NBC clamps down on expenses.
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GM, Isuzu recall 258,000 SUVs to fix power windows
Tweet Share on Facebook 5:51PM August 18, 2012 CommentDETROIT (AP) — General Motors and Isuzu are recalling more than 258,000 SUVs in the U.S. and Canada to fix short-circuits in power-window and door-lock switches that can cause fires.
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Ecuador offers subsidized fuel for flights
Tweet Share on Facebook 3:04PM August 18, 2012 CommentQUITO, Ecuador (AP) — Ecuador's president is offering a temptation for airlines that schedule routes to his country: cheap fuel.
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Heineken raises bid for Tiger beer to $4.47B
Tweet Share on Facebook 2:03PM August 18, 2012 CommentAMSTERDAM (AP) — Dutch brewer Heineken NV has raised its bid for a controlling stake in Tiger Beer maker Asia Pacific Breweries to $4.47 billion, hoping to ward off a rival bid.
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Suzuki recalls compact cars to fix headlights
Tweet Share on Facebook 12:32PM August 18, 2012 CommentDETROIT (AP) — Suzuki is recalling nearly 102,000 cars in the U.S. to fix a wiring problem that can cause the headlights to go out.
