Business News
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Rio Air Bag Problem Forces Kia to Recall 73,000 Cars
Tweet Share on Facebook 9:06AM June 05, 2012 Comment
Several 2006 Kia Rio sedans sit on the front line of a Kia dealership in the west Denver suburb of Lakewood, Colo.
DETROIT (AP) — Kia Motors America is recalling nearly 73,000 Rio small cars to fix a problem with the front-passenger air bag.
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Pakistani 'Sesame Street' Funding Pulled
Tweet Share on Facebook 6:14AM June 05, 2012 Comment
A Pakistani artist, left, gives final touches to characters of Pakistani Sesame Street in Lahore, Pakistan.
KABUL, Afghanistan (AP) — The U.S. has terminated funding for a $20 million project to develop a Pakistani version of "Sesame Street," the U.S. Embassy said Tuesday. The decision came as a Pakistani newspaper reported allegations of corruption by the local puppet theater working on the initiative.
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Bereaved walk among dead after Nigeria plane crash
Tweet Share on Facebook 4:45AM June 05, 2012 CommentLAGOS, Nigeria (AP) — Mourners silently walked between rows of the dead from a plane crash in Nigeria that killed the 153 people aboard the airliner and others on the ground, peering into burned faces in hopes of claiming the remains of their loved ones on Tuesday.
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APNewsBreak: Grapevine quarantine partially lifted
Tweet Share on Facebook 4:38AM June 05, 2012 CommentFRESNO, Calif. (AP) — Two years of testing and trapping have shown that an invasive species that led to vineyard quarantines across Northern California and threatened the state's wine industry has been eradicated in four of the affected counties, federal officials say.
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China tells US to stop tweets on Beijing's bad air
Tweet Share on Facebook 1:55AM June 05, 2012 CommentBEIJING (AP) — China told foreign embassies Tuesday to stop publishing their own reports on air quality in the country, escalating its objections to a popular U.S. Embassy Twitter feed that tracks pollution in smoggy Beijing.
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Sony pumps life into PS Vita, Move controller
Tweet Share on Facebook 1:26AM June 05, 2012 CommentLOS ANGELES (AP) — Sony Corp. has breathed new life into its handheld Vita and announced a tie-up with author J.K. Rowling that could cause Harry Potter fans to fly on broomsticks into the world of games.
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U.S. Economic Outlook Worsens After Jobs Report
Tweet Share on Facebook 12:19AM June 05, 2012 Comment
Numbers in the red on the stock board.
WASHINGTON (AP) — The faltering U.S. job market has prompted economists to take a much dimmer view of the country's growth prospects. That's a shift from just a few weeks ago, when many were upgrading their forecasts.
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Abu Dhabi's Etihad buys stake in Virgin Australia
Tweet Share on Facebook 12:11AM June 05, 2012 CommentDUBAI, United Arab Emirates (AP) — Abu Dhabi's fast-growing Etihad Airways said Tuesday it has bought up nearly 4 percent of Virgin Australia, pushing ahead with a strategy of acquiring minority stakes in overseas carriers.
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Singapore curbs window cleaning amid maid deaths
Tweet Share on Facebook 12:05AM June 05, 2012 CommentSINGAPORE (AP) — Singapore has tightened rules on window cleaning following the deaths of nine maids who fell from high-rise apartments this year.
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Putin, Hu meet on rising Russia-China partnership
Tweet Share on Facebook 10:51PM June 04, 2012 CommentBEIJING (AP) — The leaders of Russia and China met Tuesday to foster an evolving partnership that has counterbalanced U.S. influence and shielded Syria from international moves to halt its crackdown on a 15-month uprising.
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Lawyer gets longest-ever insider trading sentence
Tweet Share on Facebook 10:23PM June 04, 2012 CommentNEWARK, N.J. (AP) — A former attorney who admitted feeding privileged information to two confederates over the course of a 17-year insider stock trading scheme was sentenced Monday to 12 years in prison, the longest sentence ever handed out for insider trading, and the trader who reaped more than $20 million in profits from the tips received a nine-year sentence, authorities said.
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Original JK Rowling stories come to PlayStation 3
Tweet Share on Facebook 10:13PM June 04, 2012 CommentLOS ANGELES (AP) — The magic of Harry Potter is coming to the PlayStation 3.
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ABC filling 'Glass House' with 14 contestants
Tweet Share on Facebook 8:48PM June 04, 2012 CommentLOS ANGELES (AP) — The list of contestants for ABC's "The Glass House" is out, although a legal challenge looms over the upcoming reality show.
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APNewsBreak: Grapevine quarantine partially lifted
Tweet Share on Facebook 8:32PM June 04, 2012 CommentFRESNO, Calif. (AP) — An invasive species that led to vineyard quarantines across Northern California and threatened the state's wine industry has been eradicated in four of the affected counties, federal officials say.
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NY to consider NYC-wide ideas for center, casino
Tweet Share on Facebook 5:55PM June 04, 2012 CommentALBANY, N.Y. (AP) — The world's top developers will soon compete to propose a convention center and casino in or close to New York City, possibly including Manhattan or the Belmont race track, New York Gov. Andrew Cuomo said Monday.
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Feet of sand leave farms wasteland after flooding
Tweet Share on Facebook 5:49PM June 04, 2012 CommentMISSOURI VALLEY, Iowa (AP) — Mason Hansen guns his pickup and cranks the steering wheel to spin through sand up to 4 feet high, but this is no day at the beach.
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'Snow White' takes crown with $56.2M debut weekend
Tweet Share on Facebook 5:36PM June 04, 2012 CommentLOS ANGELES (AP) — "Snow White & the Huntsman" was no sleeper at the box office this weekend. The action romp inspired by the fairy tale debuted at No. 1 with $56.2 million.
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Lab: Iowa egg company warned of salmonella in hens
Tweet Share on Facebook 5:35PM June 04, 2012 CommentIOWA CITY, Iowa (AP) — An Iowa State University scientist found evidence that sick hens at farms owned by an Iowa egg producer were "almost certainly" laying eggs contaminated with salmonella months before one of the nation's largest outbreaks of food-borne illness came to light, newly released records show.
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GOP plays offense in medical device tax fight
Tweet Share on Facebook 5:23PM June 04, 2012 Comment (1)WASHINGTON (AP) — For Republicans, it's an irresistible trifecta: A bill that gives them an election-season chance to say they're fighting to protect jobs and cut taxes, even as it erodes financing for President Barack Obama's health care overhaul they despise.
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Merkel open to idea of European banking union
Tweet Share on Facebook 5:13PM June 04, 2012 CommentBERLIN (AP) — German Chancellor Angela Merkel said Monday that she is open to establishing a European banking authority as a long-term solution to the continent's financial crisis. Her support as leader of the EU's biggest economy could be crucial for the concept, which aims to strengthen the eurozone and calm jittery markets.
