News List
Paulson Pushes China on Trade Barriers
SHANGHAI, China (AP) -- China should move faster on opening its financial markets for the sake of its economic growth and stability, U.S. Treasury Secretary Henry Paulson said Thursday in a speech to business leaders in the country's commercial capit
Take-Two Shares Jump on Investor Shakeup
NEW YORK (AP) -- Shares of Take-Two Interactive Software Inc., publisher of the "Grand Theft Auto" video games, jumped as much as 18 percent Wednesday after an investor group unveiled plans to replace the company's board. The investor group, consisti
FlipStart's Tiny PC to Ship This Month
SEATTLE (AP) -- FlipStart Labs, a technology incubator started by multibillionaire Microsoft Corp. co-founder Paul Allen, said Wednesday it will ship its first super-compact PC this month. The FlipStart device weighs less than 2 pounds and is smaller
Gas Jumps Over $3 in Parts of Two States
SAN FRANCISCO (AP) -- Gasoline prices have jumped above $3 a gallon in some parts of California and Hawaii, and may hit that level other parts of the country when the busy summer driving season approaches. "It kills me," said Gloria Nunez, 53, as she
Stocks Edge Lower, Show More Stability
NEW YORK (AP) -- Stocks fell slightly but showed more signs of stability Wednesday as investors sifted through new economic data and found little reason to resume last week's heavy selling pace. The stock indexes wavered in a narrow range, reacting l
FDIC Orders Fremont to Tighten Lending
WASHINGTON (AP) -- Federal bank regulators on Wednesday ordered Fremont Investment Loan, a major lender in the troubled subprime home-mortgage business, to tighten its loan policies and operations to avoid future losses from defaults by borrowers. It
Saks Among Wall Street's Big Movers
NEW YORK (AP) -- Stocks that were moving substantially or trading heavily Wednesday on the New York and American stock exchanges and the Nasdaq Stock Market: NYSE Saks Inc., up $1.08 at $19.82. The department store chain's same-store sales -- a key g
CVRD 4Q Profit Up 28 Percent
SAO PAULO, Brazil (AP) -- Profits at CVRD, the world's largest iron ore miner, soared 28 percent in the fourth quarter amid seemingly insatiable global demand for the raw ingredient used to make steel, the company said Wednesday. The miner's profits
Conn. Bill Would Force MySpace Age Check
HARTFORD, Conn. (AP) -- Connecticut lawmakers unveiled legislation Wednesday that would require MySpace.com and other social-networking sites to verify users' ages and obtain parental consent before minors can post profiles. The bill comes a day afte
Wikipedia to Seek Proof of Credentials
Following revelations that a high-ranking member of Wikipedia's bureaucracy used his cloak of anonymity to lie about being a professor of religion, the free Internet encyclopedia plans to ask contributors who claim such credentials to identify themse
P.H. Glatfelter Declares Dividend
AirTran Extends Buyout Offer Deadline
MILWAUKEE, Wis. (AP) -- AirTran Holdings Inc. on Wednesday extended its offer to buy Midwest Airlines' parent company by more than one month. Orlando, Fla.-based AirTran, the parent of low-fare air carrier AirTran Airways, said it pushed back the dea
Devon Energy Increases Dividend
TiVo Posts Narrower 4th-Quarter Loss
SAN JOSE, Calif. (AP) -- Digital video recording service provider TiVo Inc. posted a narrower fourth-quarter loss Wednesday, beating Wall Street expectations, as revenues rose almost 30 percent and the company offered fewer product rebates. The Alvis
GrafTech to Record Additional Income
PARMA, Ohio (AP) -- GrafTech International Ltd., a maker of graphite- and carbon-based products, said Wednesday it expects to report between $3 million and $5 million in additional pretax income from continuing operations for 2006. The company said t
