News List
ConAgra Extends Peanut Butter Recall
WASHINGTON (AP) -- ConAgra Foods Inc. has extended its recall of all peanut butter produced at a plant in Georgia by more than a year, back to October 2004, the Food and Drug Administration said Friday. The recall covers all Peter Pan peanut butter a
South Koreans Protest Free Trade Talks
SEOUL, South Korea (AP) -- South Koreans defied a police order and took to the streets Saturday to protest free trade negotiations with the United States. Several thousand workers, farmers and students carried banners and chanted slogans against the
Reports: Bids Made for Control of JVC
TOKYO (AP) -- American investment funds Texas Pacific Group and Cerberus Capital Management are believed to have made bids for control of JVC, a money-losing subsidiary of Matsushita Electric Industrial Co., news reports said. Matsushita, which makes
Colombia's Finances Show Fiscal Fatigue
BOGOTA, Colombia (AP) -- When U.S. President George W. Bush arrives in Colombia on Sunday he is likely to praise the economic model of President Alvaro Uribe, his staunchest ally in a region increasingly dominated by anti-American leaders. But some o
Stocks set to extend rebound next week, strategist
SAN FRANCISCO (MarketWatch) -- U.S. stocks are set to extend their rebound from the global sell-off next week on a series of economic reports expected to show steady growth and little inflation, as well as on positive financial updates from companies
ConAgra Extends Peanut Butter Recall
WASHINGTON (AP) -- ConAgra Foods Inc. has extended its recall of all peanut butter produced at a plant in Georgia by more than a year, back to October 2004, the Food and Drug Administration said Friday. The recall covers all Peter Pan peanut butter a
Stocks End Mixed on Economic Data
NEW YORK (AP) -- Wall Street closed out the week with a mixed performance Friday, showing more stability after its recent plunge but also revealing lingering signs of nervousness despite an upbeat report on employment. The positive jobs data gave sto
Goodyear CEO Gets $11.7 Million in 2006
CLEVELAND (AP) -- Goodyear Tire Rubber Co. Chairman and Chief Executive Robert J. Keegan, who guided the tire maker through a costly three-month strike, received executive compensation valued at $11.7 million during 2006, according to a regulatory fi
Product Recalls
The following recalls have been announced: Dal Raccolto brand olive products, imported by Cibo Specialty Foods, a division of Colavita USA LLC, because testing revealed the products' pH and water activity exceed the levels necessary to control botuli
Wal-Mart CEO Gets $22M Stock Bonus
BENTONVILLE, Ark. (AP) -- Wal-Mart Stores Inc. has awarded it chief executive officer a stock bonus worth $22 million for reaching revenue targets, the retail giant disclosed Friday in a regulatory filing. The compensation committee of Wal-Mart's boa
Row Erupts Over Money Issue in Zimbabwe
HARARE, Zimbabwe (AP) -- A public row erupted Sunday between Zimbabwe's two top financial leaders over orders to print more money to keep the government afloat, thereby worsening the nation's already disastrous inflation. Central bank governor Gideon
Italy to Sue Autostrade for euro2 Billion
MILAN, Italy (AP) -- The board of Italy's highways regulator, ANAS, has decided to sue highway operator Autostrade SpA for failing to make euro2 billion (US$2.7 billion) in investments stipulated by its tollways license. ANAS said it could be awarded
Nobel Peace Laureate Accepts Award
OSLO, Norway (AP) -- Bangladeshi economist Muhammad Yunus accepted the Nobel Peace Prize on Sunday, saying he hoped the award would inspire "bold initiatives" to fight poverty and eradicate the root causes of terrorism. Yunus, 66, often called the ba
Turkmenistan Signs Gas, Oil Agreement
ASHGABAT, Turkmenistan (AP) -- Turkmen President Saparmurat Niyazov has signed an order allowing a Turkish company to take part in the development of a newly discovered giant oil and gas field, his office said Sunday. The Chalyk Energy company plans
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