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Shareholders of Marvel Entertainment, home of Spider-Man and the Hulk, have approved the company’s acquisition by Disney, as expected. The shareholders voted at a special meeting Thursday morning. The 70-year-old comic-book company says the $4.3 billion…

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Marvel shareholders approve acquisition by Disney

YRC Worldwide Inc., one of the nation’s largest trucking companies, said Thursday it has cleared a critical hurdle in its effort to avoid filing for bankruptcy protection by completing a debt-for-equity exchange with its bondholders. The company, based in…

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YRC Worldwide completes critical debt swap deal

The worst of the recession is over and Britain’s economy will slowly recover in 2010, Prime Minister Gordon Brown said in a New Year’s message. In his message, broadcast from his official Web site on Wednesday, Brown said that he is confident that…

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UK’s Brown says worst of recession over

Delta Air lines has received government permission to operate its namesake service and its Northwest Airlines subsidiary as a single carrier. The single operating certificate from the Federal Aviation Administration allows Delta to put its code on Northwest…

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FAA: Delta, Northwest can work as single carrier

The number of newly laid-off workers filing claims for unemployment benefits dropped unexpectedly last week, a sign the job market is healing as the economy slowly recovers. New jobless claims have dropped steadily since the fall, raising hopes that the…

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Jobless claims fall unexpectedly as layoffs ease

Memphis city and Shelby County officials have filed a federal civil lawsuit against Wells Fargo Bank alleging discriminatory mortgage lending practices. The lawsuit filed Wednesday in U.S. District Court in Memphis alleges that the lender targeted minority…

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Memphis, Shelby Co. sue Wells Fargo for loans

Colorado State University researchers have received $1.15 million in federal funds to study how much nitrogen and ammonia are emitted from cattle feedlots. Feedlots along Colorado’s Front Range are believed to be a major source of nitrogen pollution in Rocky…

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Colo. State gets funds for feedlot emissions study

The governors of 11 Northeast and mid-Atlantic states have signed an agreement to work to reduce greenhouse gas emissions from transportation fuels. The goal is to lower the carbon content of fuels used by vehicles, which represent about 30 percent of…

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Northeast, mid-Atlantic states set low-carbon goal

Hawaii County’s Department of Research and Development has awarded a $5,000 grant to the Hawaii Forest Industry Association. The association says the money will be used to elevate the awareness of koa wood through a campaign titled “Koa: Standing the Test of…

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Hawaii group receives grant to promote koa wood

To reduce its $14.6 billion debt load, the world’s largest aluminum producer plans to list its shares on the Hong Kong Stock Exchange

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Russia’s Rusal Aims for $2.6 Billion IPO

NEW YORK (Reuters) – New York City business activity expanded in December for the fifth consecutive month, though at a slower rate than November, while a gauge of business optimism was at its highest in more than three years, according to an industry report on Thursday.

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NYC economy up for fifth month in December

Iceland’s new bill guarantees loans from the UK and Holland to repay those who lost money in Icesave Internet accounts after the country’s bank collapse

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Iceland to Repay Landsbanki’s Foreign Depositors

OVERLAND PARK, Kansas (Reuters) – U.S. trucking giant YRC Worldwide said on Thursday it averted bankruptcy by successfully negotiating a critical debt-for-equity exchange that wipes out $470 million in debt and gives the struggling company access to needed credit as it restructures.

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Trucker YRC says critical debt exchange succeeds

Plus more stocks making headlines in Thursday’s market

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Stocks on the Move: Barrick, Halliburton, YRC

Chinese central bank Governor Zhou Xiaochuan said that 2010 will be a crucial year for strengthening the recovery in the world’s third-biggest economy and “defeating” the financial crisis.

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Zhou Says 2010 Is Crucial Year for ‘Defeating’ Crisis (Update2)