Business News

More ethics rules issued for NC treasurer workers

AP - Saturday, November 21

RALEIGH, N.C. - State Treasurer Janet Cowell unveiled new rules Friday banning employees from taking gifts from companies that do substantial business with the agency and setting a limit on charitable solicitations. More »

  • UConn: Merger with Hartford Hospital not feasible

    AP - Saturday, November 21

    FARMINGTON, Conn. - University of Connecticut officials say a plan to merge the UConn Health Center in Farmington with Hartford Hospital is unlikely to win official approval.

  • Ex-Vivendi CEO: I made mistakes but never misled

    AP - Saturday, November 21

    NEW YORK - Former Vivendi CEO Jean-Marie Messier told a jury Friday he made mistakes in his troubled bid to turn the French water company into a global media giant, but he never misled shareholders about the risks.

  • Monsanto aims to stop leaks at Idaho mine dump

    AP - Saturday, November 21

    BOISE, Idaho - Monsanto Co. is installing a water management system at an Idaho phosphate mine the company depends on to make its Roundup weedkiller to stop the leakage of selenium and heavy metals into a tributary of the Blackfoot River.

  • Moody's downgrades Liberty Media LLC ratings

    AP - Saturday, November 21

    NEW YORK - Moody's Investors Service downgraded ratings for Liberty Media Corp. subsidiary Liberty Media LLC on Friday.

  • "Going Rogue" is going big

    AP - Saturday, November 21

    NEW YORK - "Going Rogue" is going big.

  • Southwest Airlines changes board election rules

    AP - Saturday, November 21

    DALLAS - Southwest Airlines Co. said Friday it will require uncontested candidates for its board of directors to win a majority among shareholder votes cast to be elected, instead of just a plurality.

  • Pricey gift: MLB offers Series film set for $2,229

    AP - Saturday, November 21

    NEW YORK - Major League Baseball has the perfect gift to bust a budget in a recession.

  • Wyoming challenges Yellowstone snowmobile rules

    AP - Saturday, November 21

    CHEYENNE, Wyo. - The state of Wyoming has filed a new federal lawsuit seeking to block the National Park Service from restricting snowmobile numbers in Yellowstone National Park.

  • Sun-Times Media names John Barron group publisher

    AP - Saturday, November 21

    CHICAGO - Sun-Times Media Group, which was recently sold out of bankruptcy to an investor group, said Friday it named John Barron to the newly created group publisher position and as senior vice president of news and editorial operations.

  • West Virginia regulators approve gas rate increase

    AP - Saturday, November 21

    CHARLESTON, W.Va. - West Virginia's Public Service Commission has approved a 5 percent rate increase for Hope Gas Inc.

  • La. businessman indicted in alleged Ponzi scheme

    AP - Saturday, November 21

    NEW ORLEANS - A Louisiana businessman was charged Friday with engaging in a Ponzi scheme to defraud about 160 investors _ mostly elderly people _ out of roughly $19.5 million and using some of the money to pay for cars, cruises, sports tickets and a house.

  • Former Iowa slaughterhouse manager seeks acquittal

    AP - Saturday, November 21

    IOWA CITY, Iowa - A former kosher slaughterhouse manager convicted of financial fraud has asked for an acquittal or new trial, saying prosecutors unfairly brought in evidence of immigration violations.

  • Nasdaq notifies Overstock it violated listing rule

    AP - Saturday, November 21

    SALT LAKE CITY - Overstock.com Inc. said Friday that it received a listing rule violation letter Thursday from the Nasdaq Stock Market related to the recent filing of its third-quarter report.

  • Colo. billboard links Obama with jihadists

    AP - Saturday, November 21

    WHEAT RIDGE, Colo. - A billboard showing President Barack Obama wearing a turban has sparked a lot of attention at the suburban Denver used car dealership that put it up.

  • Report: Hershey may launch bid for Cadbury

    AP - Saturday, November 21

    NEW YORK - Hershey Co. may make a $17 billion bid for UK candy company Cadbury PLC, topping the recent $16.5 billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday.

  • Stocks fall for 3rd day as dollar strengthens

    AP - Saturday, November 21

    NEW YORK - Investors can't shake their fears that the economy isn't keeping up with the stock market.

  • Small Florida bank shuttered, 124th this year

    AP - Saturday, November 21

    WASHINGTON - Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan defaults.

  • Fla. commissioner OKs Citizens Property rate hikes

    AP - Saturday, November 21

    TALLAHASSEE, Fla. - More than 15,000 mobile home owners insured by state-backed Citizens Property insurance Corp. will see an 11 percent increase on their insurance policies in 2010.

  • How the major stock indexes fared on Friday

    AP - Saturday, November 21

    Stocks fell for a third straight day Friday as a disappointing outlook from computer maker Dell Inc. suggested that an economic recovery could be uneven.

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