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Due to arrive today SHIPFROMPORTCSAV VenezuelaLong BeachOAKYM PlumTacomaOAKMandarin SunPort UnknownSFOSpar CetusPort UnknownPBGSea-Land CometLong BeachOAK Due to depart today SHIPTOPORTMaersk SarniaDalian, ChinaOAKEver ChampionKaohsiung,…

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BusinessTransportation and LogisticsTraffic ControlIntelligent SystemsWeb Design and Development

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Ship traffic for Thursday, December 31, 2009

Stocks ended the next-to-last day of 2009 little changed as welcome news on manufacturing helped offset a drop in commodities prices. The market drew support Wednesday from a key economic indicator that signaled growth in Midwest manufacturing for a third…

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BusinessEconomic indicatorManufacturingInvestingStocks and Bonds

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Markets quiet as year draws to a close

A federal appeals court flicked the off switch Wednesday on a lawsuit claiming Apple’s iPod is defective because it lacks adequate controls against dangerous sound levels. Two buyers of the portable digital music player filed the suit in San Jose in 2006….

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AppleiPodDigital audio playerUnited States Court of AppealsLawsuit

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Appeals court rejects lawsuit over iPod volume

The government gave GMAC Financial Services an additional $3.8 billion in cash and took a majority stake in the auto lender Wednesday, aiming to stabilize the company as it struggles with big losses in its home mortgage unit. The fresh infusion is on top of $…

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MortgageGMACFinancial servicesBusinessUnited States

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Billions more to GMAC gives feds majority stake

Get set for your utility bills to rise. Starting Friday, Pacific Gas and Electric Co. will raise electricity rates by an average of 2.9 percent. The utility, California’s largest, announced the rate increase Wednesday. Some types of customers will see bigger…

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CaliforniaPacific Gas & Electric CompanyElectricityEnergyBusiness

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PG&E raising electricity rates 2.9%

JaMychal Green scored 19 points and had eight rebounds to lead Alabama to a 77-65 victory over Tennessee State on Wednesday night. Senario Hillman added 15 points and six assists for the Crimson Tide (9-4), who have won three of their past four games. Alabama…

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AlabamaAlabama Crimson TideUnited StatesTennessee State Universitysport

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Alabama holds off Tennessee State 77-65

Marquis Hall scored 20 points and CJ McCollum scored seven of his 16 points in overtime to lead Lehigh past Delaware State 73-66 on Wednesday night. The Mountain Hawks (7-6), who have won three in a row, led by as many as eight in the first half before…

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Delaware State UniversityUnited StatesDelawareOvertimeGovernment

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Lehigh defeats Delaware State 73-66 in overtime

Ty Patterson scored 22 points and grabbed 11 rebounds, and Chattanooga beat Eastern Kentucky 68-54 on Wednesday night to win the Dr Pepper Classic. Keegan Bell added 20 points and eight rebounds for the Mocs (8-6), who won their third game in a row. The Mocs…

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Eastern Kentucky UniversityChattanooga TennesseePepperSodaRecreation

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Chattanooga beats Eastern Kentucky 68-54

NEW YORK (Reuters) – Northern Trust Corp, the U.S. financial services company that drew lawmakers’ ire in February for throwing a lavish party after receiving bailout funds, will cut its 2010 entertainment budget, the Financial Times reported.

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Northern Trust to cut 2010 entertainment budget: report

TOKYO (Reuters) – Several cabinet members of the Japanese government want Japan Airlines Corp to withdraw completely from its international flights business and consolidate it with that of All Nippon Airways Co, the Mainichi Shimbun newspaper reported on Thursday.

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Japan mulls merging JAL’s int’l service into ANA’s: report

Asian stocks rose, set for the biggest annual gain since 2003, and oil and copper headed for their largest rallies in at least a decade after China led the global economy out of the deepest recession since World War II.

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Asian Stocks Set for Biggest Gain Since 2003; Oil, Copper Climb

Eight American civilians died in a suicide-bomb attack on an American military base in Afghanistan, a U.S. official said. The terrorist assault occurred as the U.S. expands its involvement in the war in Afghanistan.

Source:
Eight Americans Killed in Attack on Afghanistan Base (Update1)

The cash price for iron ore delivered to China, the world’s biggest buyer, rose the most in more than five months on concern exports from India will slow, boosting expectations for producers in annual price talks.

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Iron Ore Jumps Most in 5 Months on Indian Tax Concern (Update2)

Chris Bosh had 33 points and 13 rebounds, Andrea Bargnani matched his season high with 28 points, and the Toronto Raptors beat the Charlotte Bobcats 107-103 on Wednesday night for their season-high fifth straight victory. Marco Belinelli scored 13 points and…

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Andrea BargnaniToronto RaptorsChris BoshMarco BelinelliCharlotte Bobcats

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Raptors ride Bosh, Bargnani to 5th straight win

Venezuelan President Hugo Chavez is trading barbs with Spain’s environment minister over the Copenhagen summit on climate change. Chavez objects to remarks by Spanish Environment Minister Elena Espinosa, who suggested Venezuela and Bolivia were to blame for…

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VenezuelaHugo ChávezList of Presidents of VenezuelaSpainClimate change

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Chavez disputes Spanish official’s climate remarks