Small-cap stock run could herald broader recovery
 NEW YORK (AP) -- Even as Wall Street skids lower almost by the day, and the major indexes have touched the levels of a bear market, some analysts are actually finding some signs in the performance of small-company stocks that might be pointing to the early stages of... |
Companies begin quest for oil, gas off Florida
 PENSACOLA, Fla. (AP) -- Oil companies once viewed drilling in the deep waters off Florida as cost prohibitive. Politicians feared even the slightest sign of support would be career suicide. No more. Record crude oil prices are fueling support for oil and natural gas... |
Travel experts: US share of foreign tourists slips
 LAS VEGAS (AP) -- Despite the weak U.S. dollar, a boom in international travel around the world hasn't translated into an explosion of foreign tourists to the United States. Explanations range from post-9/11 security headaches and lower airfares elsewhere to poor ma... |
SocGen fined over trading scandal
PARIS (AP) -- France's central bank announced Friday that it has fined Societe Generale $6.3 million for "serious shortcomings" in its internal controls that led to nearly $7.8 billion in trading losses announced earlier this year. The Bank of France's banking commi... |
Canadian telecom BCE, suitor agree on terms
TORONTO (AP) -- BCE Inc, Canada's largest telecommunications company, said Friday it has agreed on terms of a $35 billion sale to a group led by the Ontario Teachers' Pension Plan in the biggest leveraged buyout ever. The deal is expected to be completed by mid-Dece... |
9 convicted in Austria fraud case
 VIENNA, Austria (AP) -- Nine people, including a prominent executive who fled to France in an attempt to elude justice, were convicted Friday of criminal charges in a major Austrian bank fraud case linked to the 2005 collapse of New York-based commodities brokerage... |
Smooth sailing for yacht builders despite economy
 NEW ORLEANS (AP) -- Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts. The well-heeled buyers of the floating mansions are increasingly coming from emerging economies - in... |
Farmers say salmonella scare has hurt tomato sales
 FRESNO, Calif. (AP) -- Expect fewer slices of red, ripe tomatoes next to the grill this holiday weekend. With a salmonella scare causing many customers to shun what's normally a summertime favorite, tomato farmers nationwide have had to plow under their fields and l... |
2 supervisors at raided meatpacking plant arrested
DES MOINES, Iowa (AP) -- Two supervisors at an Iowa meatpacking plant that was raided by federal immigration agents in May were arrested and charged with encouraging people to live in the United States illegally. Juan Carlos Guerrero-Espinoza, 35, and Martin De La R... |
EU widens Billiton-Rio Tinto probe
BRUSSELS, Belgium (AP) -- The European Commission on Friday widened its antitrust probe into the proposed acquisition of Rio Tinto Inc. by BHP Billiton Ltd., saying an initial investigation revealed concerns about higher prices and reduced choice for European custom... |
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