Latest Business Wires

The U.N. body that oversees carbon credit trading has suspended approval of some Chinese wind farms amid questions about how Beijing obtains money through the system, an official said Wednesday.

Japan is warning drivers to check floor mats in their vehicles to make sure they are properly installed after receiving 16 reports of problems over a decade, a government official said Wednesday.

South Korea's foreign currency reserves hit a record high in November, the central bank said Wednesday, climbing after a steep fall last year amid the global credit crunch.

Look who's at the health care negotiating table — Tom Daschle.

The infectious bacterial disease brucellosis has been found in a beef cow in eastern Idaho, and state agriculture officials are scrambling to see if the infection is isolated or if it has spread to other herds.

A broadcasters union is threatening to boycott a popular television special of the Rockefeller Center Christmas tree lighting ceremony unless NBC's entertainment division restarts stalled contract talks.

California's insurance commissioner said Tuesday he will push insurance companies doing business in California to divest up to $12 billion in indirect investments in Iran's defense, nuclear, energy and banking industries.

Ford Motor Co.'s big U.S. gamble on small cars begins Wednesday when it formally unveils American versions of the new Fiesta subcompact at the Los Angeles Auto Show.

The Greenspun Media Group has reorganized most of its operations under one roof in a cost-cutting move, laying off an unspecified number of workers Tuesday while merging the editorial units of eight news outlets into a single team.

Biotherapeutic drug company Dyax Corp. said Tuesday it received Food and Drug Administration approval to market Kalbitor for treatment of the genetic disorder hereditary angioedema in patients 16 years and up.

Continental Airlines Inc. said on Tuesday that it flew more passengers on fuller planes in November, although passengers paid less for each mile.

Merck & Co. and Santarus Inc. said Tuesday the Food and Drug Administration approved Merck's over-the-counter version of the Santarus prescription heartburn drug Zegerid.

Nordson Corp., which makes equipment for applying adhesives and coatings to packaging, autos and appliances, on Tuesday promoted Jeff Pembroke to president of its Nordson EFD operation.

Bridgestone Americas has announced a price increase of up to 5 percent on its Bridgestone, Firestone and associate brand consumer tires.

Investment and financial services company SWS Group Inc. on Tuesday said it commenced a public offering of 4.1 million shares of its common stock.

The CEO of Continental partner ExpressJet Airlines will jump to American Airlines as a senior vice president beginning Jan. 1.

General Motors Co. CEO Frederick "Fritz" Henderson stepped down Tuesday after the board said that the company wasn't changing quickly enough. The following is a history of Henderson's career and key events during his time as CEO.

Delta Air Lines will cut more flights at Cincinnati/Northern Kentucky International Airport in February.

Workers at the Harley-Davidson plant in south-central Pennsylvania are poised to vote on whether to accept a labor contract that could keep the plant there.

Some tax breaks are likely to be shaved along with state spending for services and programs in an austere budget to be presented to legislators later this month, Virginia Gov. Timothy M. Kaine said Tuesday.