Business News
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Ford takes aim at Lexus with new Lincoln
Tweet Share on Facebook 3:48PM July 24, 2012 CommentDETROIT (AP) — Ford is taking aim at Lexus with a new Lincoln luxury sedan that goes on sale this fall.
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Calif. county makes industry pay to toss Rx pills
Tweet Share on Facebook 3:25PM July 24, 2012 CommentSAN FRANCISCO (AP) — A Northern California county voted Tuesday to make the pharmaceutical industry pay to dispose of unused prescription drugs.
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Oil prices steady on stronger Chinese factory data
Tweet Share on Facebook 3:22PM July 24, 2012 CommentNEW YORK (AP) — The price of oil is up slightly on signs that China's manufacturing is getting stronger.
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They loaded mortars in the war, so now what?
Tweet Share on Facebook 3:00PM July 24, 2012 CommentWASHINGTON (AP) — U.S. combat troops patrol dusty pathways in Afghanistan, look for hidden roadside bombs, load and fire mortar shells at insurgents' positions. So when they come home, how will that help them land a civilian job?
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Most would avoid higher taxes under Dem, GOP bills
Tweet Share on Facebook 2:55PM July 24, 2012 CommentWASHINGTON (AP) — Do you make more than $200,000 annually, or $250,000 between you and your spouse? Do you expect to inherit an estate worth more than $1 million next year?
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Study of anti-AIDS vaginal ring begins in Africa
Tweet Share on Facebook 2:42PM July 24, 2012 CommentWASHINGTON (AP) — Thousands of women in Africa can volunteer for major new research to see if inserting a vaginal ring coated with an anti-AIDS drug could protect them from HIV infection, U.S. scientists announced Tuesday.
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UK govt wants court to block border staff strike
Tweet Share on Facebook 2:28PM July 24, 2012 CommentLONDON (AP) — Britain's Home Office is seeking an injunction to halt a strike on the eve of the Olympics by immigration staff at U.K. airports.
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Charities help pets when foreclosure victims can't
Tweet Share on Facebook 2:08PM July 24, 2012 CommentLOS ANGELES (AP) — Carla Waller believes in promises. She was married for 37 years, held one job for 35 and never adopted a pet she didn't keep for life. Until now.
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Report: Iran builds oil tanker for Venezuela
Tweet Share on Facebook 1:30PM July 24, 2012 CommentTEHRAN, Iran (AP) — Iran's official news agency is reporting the country has finished building an oil tanker for Venezuela, a key ally.
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Moody's may downgrade Penn State's credit
Tweet Share on Facebook 12:05PM July 24, 2012 CommentNEW YORK (AP) — Moody's Investors Service said Tuesday it may cut its rating on Penn State's credit as the university deals with the fallout from the Jerry Sandusky child sexual-abuse case and sanctions against the school's football team.
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5 reasons for Spain's colossal economic troubles
Tweet Share on Facebook 11:46AM July 24, 2012 CommentMADRID (AP) — Spain's financial crisis is a lot like peeling an onion: remove one troubled layer and you expose another.
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UPS Sees Global Economy Getting Worse
Tweet Share on Facebook 11:41AM July 24, 2012 Comment
United Parcel Service worker Rod Rodriguez delivers packages in Palo Alto, Calif.
NEW YORK (AP) — UPS expects the global economy to get worse before it gets better. Again.
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BP Missed the Big Hazard Issues in Spill
Tweet Share on Facebook 11:39AM July 24, 2012 CommentOil spill on beach with off shore oil rig in background.
HOUSTON (AP) — A government investigative committee says BP and the drilling contractor it hired to operate the Deepwater Horizon rig that exploded two years ago focused too closely on personal safety at the expense of preventing major hazards.
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TomTom sales fall in Q2, unveils deal with Peugeot
Tweet Share on Facebook 11:11AM July 24, 2012 CommentAMSTERDAM (AP) — TomTom NV, Europe's largest maker of navigation devices, reported a return to profit in the second quarter, and its shares surged Tuesday after it announced a supply deal with carmaker Peugeot.
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KPN Q2 earnings fall, cuts dividend
Tweet Share on Facebook 10:19AM July 24, 2012 CommentAMSTERDAM (AP) — Royal KPN NV, the Dutch telecommunications company, said Tuesday it is slashing its dividend after reporting a sharp fall in second quarter earnings due to restructuring costs and declining sales.
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EU probes a possible cartel of 13 CD drive makers
Tweet Share on Facebook 10:12AM July 24, 2012 CommentBRUSSELS (AP) — The EU says it has informed 13 makers of CD and DVD drives for computers of its "preliminary view" that they may have broken antitrust rules by participating in a worldwide cartel and engaging in price-fixing.
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PM's Ex-Aide Charged in Hacking Scandal
Tweet Share on Facebook 9:37AM July 24, 2012 Comment
Rebekah Brooks, former chief executive of News International, leaves Westminster Magistrates' Courts after she was granted bail on charges of attempting to cover up tabloid phone-hacking, London.
LONDON (AP) — British authorities on Tuesday charged an ex-aide to the British prime minister, a former protege of media mogul Rupert Murdoch and six others in the ever-widening phone hacking scandal, accusing them of key roles in a lengthy campaign of illegal espionage that victimized hundreds of people including top celebrities Angelina Jolie and Brad Pitt.
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Italian mayors slam spending cuts
Tweet Share on Facebook 9:29AM July 24, 2012 CommentROME (AP) — Mayors from across Italy, holding up flags and wearing their tricolor sashes, demonstrated in front of the Italian Senate on Tuesday against spending cuts planned by the government.
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Wanna bet? Gambling on the London Olympics
Tweet Share on Facebook 9:20AM July 24, 2012 CommentLONDON (AP) — What are the odds of a UFO sighting during the London Olympics opening ceremony? Or of the final torch bearer tripping as they ascend to light the flame? Or would you prefer a more traditional wager on the battle for gold between Russia and Spain in synchronized swimming duos?
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Geithner hopeful a fiscal crisis can be averted
Tweet Share on Facebook 8:43AM July 24, 2012 CommentWASHINGTON (AP) — Treasury Secretary Timothy Geithner is voicing confidence the Obama administration and Congress will avert a fiscal crisis.
