GO
Loading...

Latest Business News Wires - Business Headlines

More

  • Alabama Power among leaders in SE in wind power Monday, 1 Oct 2012 | 4:18 PM ET

    MONTGOMERY, Ala.-- Alabama Power's agreements to purchase wind-generated power put it among the leading investor-owned utilities in the Southeast to pursue the renewable source, a national organization said.

  • Spirit's $100 carry-on fee starts next month Monday, 1 Oct 2012 | 4:03 PM ET

    MIRAMAR, Fla.-- Spirit Airlines Inc. will begin charging passengers $100 for carry-on bags unless they pay a smaller fee before getting to the airport. The airline announced in May that the $100 fee was coming.

  • News Summary: Industrial metals up on mixed news Monday, 1 Oct 2012 | 3:53 PM ET

    :Prices rose for industrial metals as some positive signs emerged from a mixed batch of global economic news. U.S. manufacturing activity rose, overall U.S. construction spending dropped and manufacturing remained weak in China.

  • Industrial metals higher on mixed economic news Monday, 1 Oct 2012 | 3:50 PM ET

    Copper for December delivery gained 2.75 cents to finish at $3.7855 per pound. The new reports showed that U.S. manufacturing activity improved, overall U.S. construction spending dropped and China's manufacturing activity remained anemic.

  • Researcher withdraws from Pebble study review Monday, 1 Oct 2012 | 3:49 PM ET

    Both David Montgomery's withdrawal and Daniel Schindler's dismissal came last month, just weeks before the start of what has been touted as an independent, objective look at the science put forth by the Pebble Limited Partnership.

  • FTC issues revised green marketing guidelines Monday, 1 Oct 2012 | 3:48 PM ET

    WASHINGTON-- Expect to see fewer products pitched as "environmentally friendly" if the government has its way. Hoping to limit the number of deceptive claims, the Federal Trade Commission on Monday released an updated version of its green marketing guidelines that hold companies to truthful standards in marketing their products.

  • Grains futures fall, livestock prices rise Monday, 1 Oct 2012 | 3:45 PM ET
  • Justices open big term with new human rights case Monday, 1 Oct 2012 | 3:44 PM ET

    WASHINGTON-- The Supreme Court plunged into its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities. Cases involving some of the most emotional issues in American life are likely to be decided after voters choose a president and new Congress next month.

  • Iran's currency falls 16 percent in single day Monday, 1 Oct 2012 | 3:39 PM ET

    TEHRAN, Iran-- Iran's currency has fallen 16 percent in a single day to hit a record low against the U.S. dollar and other foreign currencies in street trading. The collapse of the currency is a sign of the impact of Western sanctions imposed over Iran's nuclear program. The West suspects Iran is aiming to build nuclear weapons, a charge Tehran denies.

  • Church & Dwight closes $650M deal for Avid Health Monday, 1 Oct 2012 | 3:38 PM ET

    PRINCETON, N.J.-- Church& Dwight said Monday that it completed its acquisition of Avid Health Inc., which makes gummy types of vitamins and supplements, for $650 million in cash. Church& Dwight Co. Inc. makes Arm& Hammer baking soda, Aim toothpaste and other products. Church& Dwight shares rose 19 cents to $54.18 in afternoon trading.

  • Congress posts member financial data on Internet Monday, 1 Oct 2012 | 3:37 PM ET

    WASHINGTON-- House Speaker John Boehner bought stock in two health care companies this year, while third-ranking House Republican Kevin McCarthy bought and sold Apple stock within a few days. The initial disclosures for members of Congress were posted Monday on the Internet. Congress passed the law as part of an effort to repair its sagging public image.

  • NASCAR Mexico Series to race at Phoenix in 2013 Monday, 1 Oct 2012 | 3:37 PM ET

    The most popular motorsports series in Mexico will make its U.S. debut next season at Phoenix International Raceway. The NASCAR Toyota Series will run at Phoenix on March 1 in conjunction with the Sprint Cup, Nationwide and K&N West Series. NASCAR and PIR officials will hold a Tuesday news conference in Phoenix.

  • Stocks rise following expansion in manufacturing Monday, 1 Oct 2012 | 3:37 PM ET

    The Institute for Supply Management, a trade group of purchasing managers, also said its gauge of manufacturing employment rose following a decline in August.

  • Boston Beer shares fall on worries of slower sales Monday, 1 Oct 2012 | 3:36 PM ET

    NEW YORK-- Shares of Boston Beer Co. fell Monday after a UBS analyst highlighted concerns about stalling sales growth. That could mean overall revenue growth may be lower in 2013 than investors and Wall Street analysts expect. Boston Beer did not immediately respond to a request for comment.

  • NJ senators advance health insurance exchange Monday, 1 Oct 2012 | 3:31 PM ET

    TRENTON, N.J.-- A New Jersey state Senate committee on Monday again advanced a bill to set up a state-run insurance exchange as a way to give uninsured people a way to buy health plans as part of the federal health insurance overhaul.

  • Kraft Foods to split company after market closes Monday, 1 Oct 2012 | 3:27 PM ET

    NEW YORK-- Kraft Foods Inc. will spin off of its North American grocery business after the market closes Monday, a move intended to let it focus on its global snack brands. The remaining company will be called Mondelez International Inc. and will be home to brands such as Oreo, Cadbury and Nabisco.

  • Sector Snap: For-Profit Education Monday, 1 Oct 2012 | 3:27 PM ET

    DeVry Inc. was one of the day's biggest gainers, rising $1.11, or 4.9 percent, to $23.87, after peaking at $25.02 earlier in the day.

  • Oil closes higher after US manufacturing report Monday, 1 Oct 2012 | 3:15 PM ET

    Benchmark crude closed up 29 cents at $92.48 in New York. Brent crude, which is used to price international varieties of oil, fell 20 cents to $112.19 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.

  • Literary agent Wendy Weil dies at age 72 Monday, 1 Oct 2012 | 3:13 PM ET

    NEW YORK-- Wendy Weil, a beloved literary agent known for her low-key but determined style and for an eclectic clientele of groundbreaking and best-selling authors, from Alice Walker and Rita Mae Brown to Fannie Flagg and Mark Helprin, has died. "It's like a face fell off Mount Rushmore," Brown told The Associated Press.

  • Pocono return celebrates IndyCar history Monday, 1 Oct 2012 | 3:09 PM ET

    With Pocono officially back on the IndyCar schedule after a 23- year absence, Carpenter wanted to pick up as many tips as possible from someone with experience at "The Tricky Triangle." The return to Pocono is being celebrated as a nod to IndyCar's history and tradition.