Category Archives: Business

China’s Hu calls for stable ties with US (AP)

AP – Trying to smooth over recently rocky relations before a visit to Washington, Chinese President Hu Jintao told American officials on Wednesday that he wants to see healthy and stable ties between the two countries. Continue reading

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AP Exclusive: Back to work after salmonella case (AP)

AP – The peanut industry executive whose filthy processing plants were blamed in a salmonella outbreak two years ago that killed nine people and sickened hundreds more is back in the business. Continue reading

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Obama to pitch trio of economic proposals in Ohio (AP)

AP – Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives Wednesday and voicing unwavering opposition to Bush-era tax breaks for the wealthy, an issue on which he’s looking to draw a stark contrast with Republicans. Continue reading

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Car booster seats make gains in insurance testing (AP)

AP – Car booster seats have made strides in ensuring a proper fit for children in the back seat, according to a review by the insurance industry. Continue reading

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Congress Republicans wary of Obama economy plan (Reuters)

Reuters – Republicans in Congress showed little willingness to help President Barack Obama approve billions of dollars in measures to boost the economy with midterm elections less than two months away. Continue reading

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Cuba to expand use of employee-run cooperatives (Reuters)

Reuters – Cuba will soon turn some small-scale manufacturing and retail services into cooperatives as the state retreats from minor businesses in an effort to boost the island’s troubled economy, government and Communist Party sources said. Continue reading

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Flight attendant in passenger tiff to be evaluated (AP)

AP – The flight attendant accused of onboard antics that captured the nation’s attention when he told off a passenger and slid down the plane’s emergency chute with a beer will undergo a mental health evaluation with the aim of avoiding jail time in a possible plea deal. Continue reading

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Mexico’s Pemex reports blast at major refinery (AP)

AP – State-owned oil company Petroleos Mexicanos says an explosion has occurred at its Cadereyta refinery outside the northern city of Monterrey. Continue reading

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Obama kicks off campaign with infrastructure plan (Reuters)

Reuters – President Barack Obama, scrambling to spur job creation, proposed a six-year plan on Monday to rebuild infrastructure with an initial $50 billion investment and prepared new business tax cuts. Continue reading

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ABC News president David Westin steps down (AP)

AP – ABC News President David Westin, the longest-reigning network news division chief, with more than 13 tumultuous years on the job, told his staff Monday that he is resigning and will leave by the end of the year. Continue reading

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