Business News
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EU court OKs resale of software licenses
Tweet Share on Facebook 1:54PM July 03, 2012 CommentLUXEMBOURG (AP) — The European Union's highest court ruled Tuesday that software makers cannot keep people who download programs from selling their licenses for those programs to others — as long as they disable their own copies.
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Activision brings online 'Call of Duty' to China
Tweet Share on Facebook 1:24PM July 03, 2012 CommentNEW YORK (AP) — Activision is bringing its popular "Call of Duty" series to China as a free online game.
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Chuck E. Cheese Being Replaced With Hipper Image
Tweet Share on Facebook 12:58PM July 03, 2012 Comment
Chuck E. Cheese presented by CEC Entertainment Inc.
NEW YORK (AP) — Chuck E. Cheese has been given the pink slip.
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Slovakia: no more patience for European bailouts
Tweet Share on Facebook 12:27PM July 03, 2012 CommentBERLIN (AP) — Slovakia's prime minister said Tuesday that people in his country have run out of patience with European rescue measures and more aid can only be offered if troubled eurozone nations get their finances in order.
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Ex-President Sarkozy's Home, Offices Searched
Tweet Share on Facebook 12:24PM July 03, 2012 Comment
This Friday, May 4, 2012 file photo shows France's then President and conservative candidate for re-election in 2012, Nicolas Sarkozy as he delivers a speech during a campaign meeting in Sables d'Ollonne, western France.
PARIS (AP) — French investigators searched former President Nicolas Sarkozy's home and office on Tuesday as part of a probe into suspected illegal financing of his 2007 presidential campaign by the L'Oreal cosmetics heiress, an official said.
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Irish to sell debt for 1st time in nearly 2 years
Tweet Share on Facebook 12:09PM July 03, 2012 CommentDUBLIN (AP) — Bailed-out Ireland is to auction debt this week for the first time in nearly two years, treasury officials said Tuesday, in a test they hope will ease the nation's return to normal borrowing next year.
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Oil Prices at Highest Since May on Iran Concerns
Tweet Share on Facebook 12:00PM July 03, 2012 Comment
In this June 26, 2008 file photo, oil well pump jacks of Chevron Corp. are shown in the hills in Coalinga, Calif. Flush with cash from huge profits, Big Oil could be preparing to get bigger.
NEW YORK (AP) — The price of oil jumped more than 4 percent Tuesday to the highest level since May on renewed fears of a military conflict with Iran.
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Diamond in the rough; Banker Bob falls on sword
Tweet Share on Facebook 11:34AM July 03, 2012 CommentLONDON (AP) — He was a poster boy for corporate arrogance, telling Parliament last year that the time for bankers to apologize had passed.
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Recall news
Tweet Share on Facebook 11:02AM July 03, 2012 CommentThe following recall has been announced:
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FDA lays out medical device identifier system
Tweet Share on Facebook 11:01AM July 03, 2012 CommentWASHINGTON (AP) — Federal health regulators are proposing a new system to track millions of medical devices used in the U.S., an effort which they say will help protect patients by catching problematic implants earlier.
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US factory orders increased 0.7 percent in May
Tweet Share on Facebook 10:57AM July 03, 2012 CommentWASHINGTON (AP) — Companies placed more orders with U.S. factories in May from April, demanding more computers, machinery and other equipment that signal investment plans.
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From farms to factories, Russians wary of WTO
Tweet Share on Facebook 10:36AM July 03, 2012 CommentLENIN STATE FARM, Russia (AP) — Migrant workers, some stripped to their underwear in the sweltering heat, pick fragrant strawberries from the sprawling fields of Lenin State Farm, a former collective that has become one of the most successful farms around Moscow.
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IMF urges Germany to spur domestic demand
Tweet Share on Facebook 10:24AM July 03, 2012 CommentBERLIN (AP) — The International Monetary Fund on Tuesday praised Germany's strong economic record in the face of turmoil in financial markets and Europe's debt crisis, but urged Berlin to take the opportunity to boost domestic demand in case exports drop off.
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General Motors' US sales up 16 pct in June
Tweet Share on Facebook 10:17AM July 03, 2012 CommentDETROIT (AP) — General Motors Co. said its U.S. sales rose 16 percent in June on solid demand for small and midsize cars.
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Ford's US sales up 7 pct in June
Tweet Share on Facebook 9:58AM July 03, 2012 CommentDETROIT (AP) — Ford Motor Co. says its U.S. sales rose 7 percent in June on strong demand for the new Escape SUV.
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French prime minister warns of 'crushing' debts
Tweet Share on Facebook 9:56AM July 03, 2012 CommentPARIS (AP) — France's new Socialist prime minister says the country's debts have become "crushing," laying the groundwork for expected spending cuts and tax hikes.
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Chrysler's U.S. Sales Rise 20 Percent in June
Tweet Share on Facebook 9:24AM July 03, 2012 Comment
2009 Dodge Durango
DETROIT (AP) — Chrysler's U.S. sales rose 20 percent in June on strong demand across its lineup, from the tiny Fiat 500 to the Ram pickup truck.
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Bulgaria sells $1.2 billion worth of bonds
Tweet Share on Facebook 9:18AM July 03, 2012 CommentSOFIA, Bulgaria (AP) — Bulgaria has successfully sold 950 million euros ($1.2 billion) worth of five-year government bonds at an interest rate of below 5 percent.
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Meet the Healthcare Tax
Tweet Share on Facebook 8:57AM July 03, 2012 Comment
Patient Luis Gutierrez talks with Dr. Javier Hiriart at Camillus Health Concern in Miami, Fla. Camillus is a private, non-profit organization that provides health care to the homeless and poor in Miami-Dade County.
WASHINGTON (AP) — It looks like a tax, smells like a tax, and the Supreme Court says it must be a tax. But politicians in both parties are squirming over how to define the Thing in President Barack Obama's health care law that requires people to pay up if they don't get health insurance.
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Ahead of the Bell: Auto sales stay sluggish
Tweet Share on Facebook 6:55AM July 03, 2012 CommentDETROIT (AP) — U.S. auto sales are slowing, but carmakers aren't panicking.
