Miss. River reopens to limited ship traffic
 NEW ORLEANS (AP) -- The Coast Guard reopened the Mississippi River to limited ship traffic Friday, but port officials say it will take days to clear up to 200 ships idled by a massive oil spill near New Orleans. A 100-mile stretch of the river has been closed since... |
OSHA to fine Imperial Sugar $8.7M in deadly blast
 SAVANNAH, Ga. (AP) -- Federal officials proposed more than $8.7 million in fines Friday against Imperial Sugar Co. for violations at a Georgia plant where an explosion this year killed 13 people and at another plant in Louisiana. The fines would be the third-highest... |
New home sales drop 0.6 percent in June
 WASHINGTON (AP) -- Sales of new homes fell in June for the seventh time in the past eight months, more proof that the worst housing slump in decades is getting deeper. The Commerce Department reported Friday that sales of new single-family homes dropped by 0.6 perce... |
Stocks advance on upbeat economic reports
 NEW YORK (AP) -- Upbeat economic data lifted stocks Friday, placating a market pummeled a day earlier by concerns about housing and the financial sector. A better than expected report on home sales helped Wall Street shake off some early uncertainty. The Commerce De... |
New markets spur Honda to record quarter
 TOKYO (AP) -- Honda Motor Co. reported record profit for a fiscal first quarter Friday as sales growth in new markets offset the damage from a stronger yen and soaring material costs. The results came a day after U.S. automaker Ford Motor Co. reported its worst quar... |
Activist shareholder nominees to join CSX board
JACKSONVILLE, Fla. (AP) -- Railroad giant CSX said it has asked two nominees of activist hedge fund shareholders TCI and 3G Capital to join its board, but said it will await a vote review and court action before seating its two remaining members. Jacksonville, Fla.-... |
Netflix 2Q profit up 4 pct, beats analyst views
SAN FRANCISCO (AP) -- Netflix Inc.'s second-quarter profit crept up 4 percent, beating analyst expectations as the online DVD rental leader signed up 168,000 new customers while spending less money to attract them to the service. The Los Gatos, Calif.-based company... |
Food industry bitten by its lobbying success
 WASHINGTON (AP) -- One of the worst outbreaks of foodborne illness in the U.S. is teaching the food industry the truth of the adage, "Be careful what you wish for because you might get it." The industry pressured the Bush administration years ago to limit the paperw... |
Oil drops again as US pump prices slip to near $4
NEW YORK (AP) -- Oil prices dropped Friday, sinking to their lowest point in weeks as investors questioned whether crude has cooled off enough to reflect deteriorating demand. Prices at the pump eased to nearly $4 a gallon. Light, sweet crude for September delivery... |
Arch Coal's 2Q earnings triple on soaring prices
ST. LOUIS (AP) -- Arch Coal Inc. said Friday its second-quarter profit tripled on soaring global prices and tighter coal supplies, easily beating Wall Street expectations. The St. Louis-based company, one of the nation's biggest coal producers, raised its earnings f... |
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