R.I. lead paint loss gives industry huge win
Communities and child health advocates around the country had pinned their hopes on Rhode Island prevailing in its landmark lawsuit against the lead paint industry. Now, after the state Supreme Court threw out the first-ever jury verdict finding former lead…
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R.I. lead paint loss gives industry huge win
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Long wait for satellite radio deal may end soon
Sirius Satellite Radio Inc.’s acquisition of rival XM Satellite Radio Holdings Inc. may be cleared by federal regulators this month, and it can’t happen fast enough for XM. As the regulatory review drags on, the company is struggling to add enough new…
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Wall Street gets ready for earnings, oil moves
Investors battered by surging energy prices, disappointing economic data and the ongoing credit crisis will have something else to worry about this week _ second-quarter corporate results. The unofficial start to earnings season takes place Tuesday when…
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‘Public’ online spaces don’t carry speech, rights
Rant all you want in a public park. A police officer generally won’t eject you for your remarks alone, however unpopular or provocative. Say it on the Internet, and you’ll find that free speech and other constitutional rights are anything but guaranteed….
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AP IMPACT: US wavered over S. Korean executions
The American colonel, troubled by what he was hearing, tried to stall at first. But the declassified record shows he finally told his South Korean counterpart it “would be permitted” to machine-gun 3,500 political prisoners, to keep them from joining…
Excerpted from:AP IMPACT: US wavered over S. Korean executions
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OPEC chief: Strong demand will keep oil prices up
OPEC chief Chakib Khelil says the world’s surging oil prices are not likely to fall. He says strong market demand, especially from China and India, is one reason prices will stay as high as they are. But Khelil told a conference on energy in Algiers on Sunday…
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More power in Iraq, but shortages linger
Don’t try to convince Taha Yassin that Iraq’s power shortages are finally easing: His children cry each night when the fan cuts off and the house heats up. Iraq is producing on average 11 percent more electricity this year than a year ago, officials announced…
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UBS, CS may have to set aside $68 billion: report
ZURICH (Reuters) - Swiss authorities could require UBS and Credit Suisse to set aside an additional 70 billion Swiss francs ($68.29 billion) in capital, a newspaper reported on Sunday, citing lawmakers.
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China premier: Continue inflation fight
China’s premier called for continued vigilance against inflation that has reached 12-year highs, saying the government should ensure that price increases are “acceptable,” a state-run news agency reported Sunday. Premier Wen Jiabao, the country’s top economic…
China premier: Continue inflation fight
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Housing market in Welsh town shows wider woes
During a bustling lunch hour in this Welsh commuter town, 25-year-old Richard Williams is one of the few who pause to look at properties for sale in a real-estate agent’s window _ and he isn’t buying. “I’d love to, but I’m single and I can’t afford to buy…
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Is capitulation on the cards?
LONDON (Reuters) - Profit warnings, breaches of key index levels, record oil prices, stressed consumers and investors seeking safety provide the background for markets this week, and many people are wondering how long this will all last.
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Report: United Arab Emirates cancels Iraqi debt
The United Arab Emirates canceled all its Iraqi debt Sunday and moved to restore a full diplomatic mission in Baghdad by naming a new ambassador. It’s part of a recent warming between Iraq’s Shiite-led government and its mostly Sunni Muslim neighbors….
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Alitalia to get 700-800 mln euros: report
MILAN (Reuters) - Alitalia will receive a
capital injection of 700 million to 800 million euros from
Italian businessmen as part of a plan to save the ailing
carrier, newspaper Corriere della Sera reported on Sunday.
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Global finance regulation “found wanting”: UK’s FSA
AIX-EN-PROVENCE, France (Reuters) - Weaknesses in the regulation of the global financial system have been revealed during the recent credit crunch, the chairman of Britain’s Financial Services Authority said on Sunday.
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Wal-Mart to sell locally grown produce in stores nationwide / Retailer says its new plan saves costs on delivery
Wal-Mart stores in Arizona now stock Grand Canyon sweet onions while aisles in New York display state-grown eggplant, as the world’s largest retailer says it has become the nation’s largest buyer of locally grown fruits and vegetables. Wal-Mart Stores Inc….
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