Business

Feb 13, 2012

CUPERTINO, Calif. (AP) — An independent group, the Fair Labor Association, has started auditing Apple Inc.'s Chinese supplier Foxconn after a request by Apple.

Feb 13, 2012

NEW YORK (AP) — U.S. markets were poised to gain Monday after Greece's parliament approved new austerity measures that are part of a package aimed at saving the country from bankruptcy.

Feb 13, 2012

WASHINGTON (AP) — General Electric Co. plans to hire 5,000 veterans over the next five years and invest $580 million to expand its aviation business.

Feb 13, 2012

BRUSSELS (AP) — Greece faces further hurdles and delays before it is to receive its second euro130 billion ($171 billion) bailout in spite of its lawmakers voting through further austerity measures in the face of violent protests.

Feb 13, 2012

AMSTERDAM (AP) — Airport police evacuated two terminals at Amsterdam's busy Schiphol Airport on Monday after receiving a bomb threat, a spokesman for the force said.

Feb 13, 2012

KUWAIT CITY (AP) — The head of Kuwait's central bank of more than 25 years has resigned, state media said Monday, in the latest shake-up among the Gulf nation's veteran policymakers as political tensions grow.

Feb 13, 2012

WASHINGTON (AP) — Movie super spies James Bond and Jason Bourne use them. So do real-life presidential candidate Mitt Romney, who says he pays his taxes, and untold numbers of Americans who don't. Swiss banks and their secretive counterparts around the globe may sound like the exclusive province of the wealthy, the mysterious or the shady, but anybody can legally open an offshore account.

Feb 13, 2012

WASHINGTON (AP) — President Barack Obama has sent Congress a new budget that seeks to achieve $4 trillion in deficit reduction over the next decade through cuts in government spending and higher taxes on the wealthy. At the same time, he wants to boost spending in key areas such as transportation and education.

Feb 13, 2012

NEW YORK (AP) — Mike Trang likes to use his iPhone 4 as a GPS device, helping him get around in his job. Now and then, his younger cousins get ahold of it, and play some YouTube videos and games.

Feb 13, 2012

LONDON (AP) — Vodafone Group PLC, the world's largest mobile phone company, said Monday it is considering a possible bid for Cable & Wireless Worldwide PLC, causing shares in the telecoms network provider to jump 27 percent.

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