TOKYO, March 17- The yen began the week at the top of its recent range on Monday as global markets were on egde after Crimean citizens voted to be annexed by Russia, prompting risk-wary investors to seek traditional safe-haven bets.» Read More
Hertz said it plans to use the offering's proceeds to finance part of its tender offer for Dollar Thrifty Automotive Group Inc.' s shares and refinance some of that company's existing debt. In August, Park Ridge, N.J.- based Hertz reached a deal to buy Tulsa, Okla.- based Dollar Thrifty for $87.50 per share, or about $2.3 billion.
Can't afford a financial planner? Four national nonprofit organizations are teaming up to offer free, no-strings-attached financial advice to the public on various dates between Oct. 6 and 27.
WASHINGTON-- Eventually, the economic recovery will pick up steam _ whether Barack Obama or Mitt Romney is in the White House. But first, Obama or Romney, together with Congress, will have to pull back from the widely deplored "fiscal cliff," the politically created budget abyss facing the nation at year's end.
NEW YORK-- Natural gas futures jumped 13 cents Monday, nearly 4 percent, to $3.45 per thousand cubic feet. Natural gas is up 24 percent over the past month and up 81 percent since hitting a 10- year low of $1.91 on April 19.
NEW YORK-- American Airlines says a Boston- to- Miami flight had to make an emergency landing at New York's JFK airport over the weekend due to a row of seats that became loose. Passengers aboard the flight were placed on another aircraft for the trip to Miami. It says the FAA was notified of the problem and the airline's internal review.
TORONTO-- The Great One is optimistic about the NHL's labor situation. Wayne Gretzky thinks the league's lockout will end before the showcase Winter Classic between the Detroit Red Wings and Toronto Maple Leafs.
CROWDFUNDING: After being turned down by many investors over four years, one of South Korea's top film producers, Choi Yong- bae, raised nearly $404,000 from more than 12,000 people in less than three months to finance a film about a notorious South Korean president blamed for the massacre of democracy protesters.
OKLAHOMA CITY-- A spokeswoman for the U.S. Department of Labor says determining the cause of an explosion at an Oklahoma refinery that killed one worker and critically injured another could take months. Elizabeth Todd says Occupational Safety and Health Administration investigators are at the scene in Wynnewood Monday and could be there for up to a week.
Red Lobster is launching its biggest menu revamp in a decade on Oct. 15. We Specialize in Fresh Florida Seafood, but some of our Seafoods come from distant points of the compass, such as Maine, Maryland, Alaska, Peru, Chile and even South Africa to name but a few.
SAN FRANCISCO-- Prescription drug distributor McKesson Corp. said Monday that it agreed to buy Med3000, a health care management and technology service company. McKesson said the deal will expand its revenue management division. Shares of McKesson rose 34 cents to $86.37 in midday trading.
WASHINGTON-- A typical middle-income family making $40,000 to $64,000 a year could see its taxes go up by $2,000 next year if lawmakers fail to renew a lengthy roster of tax cuts set to expire at the end of the year, according to a new report Monday.
DETROIT-- Honda is recalling 600,000 Accord midsize cars in the U.S. and Canada to fix a faulty power steering hose that can leak fluid and cause a fire. Honda has a report of one fire but no injuries or crashes. Any owner who suspects a leak should take their car to a dealer for inspection, Honda spokesman Ed Miller said Monday.
Benchmark crude rose 14 cents to $92.33 around 1:30 p.m. in New York. Brent crude, which is used to price international varieties of oil, fell 61 cents to $111.78 on the ICE Futures Exchange in London. Prices at the pump slipped to $3.782 a gallon, according to AAA, Wright Express and the Oil Price Information Service.
OMAHA, Neb.-- Little or no economic growth is likely this year in most of the nine Midwest and Plains states covered by a survey of business leaders, but the booming oil business will continue to drive growth in North Dakota and Oklahoma, according to the report released Monday.
PITTSBURGH-- Bass fishing, gas drilling and downtown Pittsburgh collided at a professional fishing tournament last week, and the unlikely partnership prompted cheers and concerns from anglers, environmentalists and the general public. One of the fishermen at the event said that even having a tournament in Pittsburgh is a sign of progress.
BUDAPEST, Hungary-- The Hungarian government says it is planning to ban slot machines, which it says have led thousands of families to ruin. According to the bill filed Monday in Parliament, slot machines will be allowed only in Hungary's three casinos.
MERIDEN, Conn.-- State and federal officials are set to announce on Monday $121 million in federal funding for a high-speed rail project between New Haven, Conn. and Springfield, Mass.. In total, $365 million in state and federal funding has been committed to the Connecticut portion of the New England rail system.
NEW YORK-- Shares of Transocean Ltd. rose Monday after a Brazilian judge said that the company will be allowed to continue to operate drilling rigs in most fields off the shores of Brazil.
PROVIDENCE, R.I.-- Gas prices climbed by a cent in Rhode Island in the past week. AAA Southern New England said Monday the average cost of a gallon of regular unleaded gas in the Ocean State is $3.96, up from $3.95. Over the last month, prices in Rhode Island have climbed 12 cents.
NEW YORK-- TRW Automotive Holdings Corp. said Monday that its board approved a $1 billion share repurchase plan, prompting an analyst to reiterate a "Buy" rating on the auto parts maker's stock. A significant portion of its sales come from Europe, where new vehicle demand has fallen this year amid the continuing economic uncertainty there.