Spain's Santander studying how to absorb Banesto
12/17/2012 2:05am
Share trading in Banco Santander, the biggest bank by market value in the 17-country eurozone, has been suspended after it revealed that it is studying how it can absorb its affiliate Banesto.
After landslide, Abe says Japan has difficult road
12/17/2012 2:09am
After leading his conservative party to a landslide victory that will bring it back to power after a three-year hiatus, Shinzo Abe stressed Monday that the road ahead will not be easy as he tries to revive Japan's sputtering economy and bolster its national security amid deteriorating relations with China.
LDP win highlights economy over nuclear concerns
12/17/2012 3:15am
More than 20 months after a catastrophic nuclear disaster, massive protests against atomic energy and public opinion polls backing the phase-out of reactors, a pro-nuclear party won Japan's parliamentary election.
BP sells stake in North Sea gas field for $28 mln
12/17/2012 3:47am
Oil company BP has sold its half interest in a North Sea gas field to SSE PLC for $288 million.
LDP win highlights economy over nuclear concerns
12/17/2012 4:17am
More than 20 months after a catastrophic nuclear disaster that triggered massive protests against atomic energy and fueled public opinion polls backing the phase-out of reactors, a pro-nuclear party won Japan's parliamentary election.
Trim gender gap to boost economies, OECD says
12/17/2012 5:03am
Governments looking to boost growth should focus on further narrowing the "gender gap" that continues to hold women back in education, employment and entrepreneurship, a new report said Monday.
Sprint ups offer to $2.2B for rest of Clearwire
12/17/2012 5:33am
Sprint Nextel says it reached a deal to buy out the minority shareholders of Clearwire for $2.2 billion, a higher price than it previously said it would pay.
Sprint ups offer to $2.2B for rest of Clearwire
12/17/2012 5:33am
Sprint Nextel says it reached a deal to buy out the minority shareholders of Clearwire for $2.2 billion, a higher price than it previously said it would pay.
Tropicana uses the carrot to squeeze juice sales
12/17/2012 5:37am
Tropicana wants more people to its drink juice, so it's extending a carrot _ and a bushel of other vegetables.
Laclede Group to buy 2 Southern Union utilities
12/17/2012 6:11am
Laclede will buy two of Southern Union Co.'s utilities, Missouri Gas Energy and New England Gas Co., for $1.02 billion.
Laclede Group to buy 2 Southern Union utilities
12/17/2012 6:11am
Laclede will buy two of Southern Union Co.'s utilities, Missouri Gas Energy and New England Gas Co., for $1.02 billion.
Millions face higher taxes real soon without fix
12/17/2012 8:37am
While much of Washington is consumed by the debate over tax increases scheduled to take effect next year, big tax hikes have already gone into effect for millions of families and businesses this year.
News Summary: Millions already face higher taxes
12/17/2012 9:44am
TAXATION NATION: More than 70 tax breaks for individuals and businesses expired at the end of 2011. If Congress doesn't extend them retroactively back to the beginning of this year, a typical middle-class family could face a $4,000 tax increase when it files its 2012 return, according to H&R Block.
Romania's prime minister to form new govt
12/17/2012 10:18am
Romania's president asked the prime minister Monday to form the new government despite a bitter feud between the two men.
Pfizer boosts quarterly dividend to 24 cents
12/17/2012 10:25am
Pfizer Inc. says that its board approved a 9 percent increase in its common stock dividend, to 24 cents from 22 cents.
At a glance: Gasoline at low for year
12/17/2012 11:16am
The national average for a gallon of regular gasoline fell 4 cents over the weekend to $3.25, a low for the year. The price is still about a penny more than at this time last year.
Diet Pepsi plans new TV ads after sweetener tweak
12/17/2012 11:37am
Diet Pepsi is sending a valentine to soda lovers, now that the soft drink's staying power has been improved with a new sweetener.
Power wholesaler filed for bankruptcy in Illinois
12/17/2012 11:40am
Power wholesaler Edison Mission Energy and its Chicago-based subsidiary Midwest Generation have filed for Chapter 11 bankruptcy protection to try to restructure $5 billion in debt.
AIG may raise up to $6.52B from AIA stake sale
12/17/2012 11:48am
AIG may raise as much as $6.52 billion from the sale of its remaining stake in Asian life insurer AIA Group Ltd.
Tropicana uses the carrot to squeeze juice sales
12/17/2012 12:05pm
Tropicana wants more people to drink its juice, so it's extending a carrot _ and a bushel of other vegetables.
Airlines boost 3Q baggage fee collections
12/17/2012 1:31pm
Airlines are raking in more baggage fees.
News Summary: Elliott offers to buy Compuware
12/17/2012 1:51pm
TAKEOVER: Elliott Management is offering to buy the rest of Compuware for $2.35 billion, telling the software company it Compuware has underperformed. Compuware replied it's evaluating the bid.
Ancestry.com shareholders to get more buyout info
12/17/2012 2:16pm
A Delaware judge on Monday declined to delay a Dec. 27 stockholder vote on the $1.6 billion acquisition of genealogy website Ancestry.com by a group led by European private equity firm Permira Advisers. But he ordered that shareholders be given more information before they vote.
Japanese firm pays $45M in US import cheating case
12/17/2012 2:58pm
A Japanese producer of violet coloring for inks and plastics is paying more than $45 million to settle allegations it falsely described where the products were made to avoid U.S. import duties on Chinese and Indian makers, the Justice Department said Monday.
Diet Pepsi plans ad campaign after sweetener tweak
12/17/2012 3:14pm
Diet Pepsi is sending a valentine to soda lovers, now that the soft drink's staying power has been improved with a new sweetener.
News summary: Morgan fined $5M for Facebook IPO
12/17/2012 3:21pm
FACEBOOK FINE: Morgan Stanley has agreed to pay Massachusetts $5 million for arranging with Facebook to disclose a revenue shortfall to certain analysts ahead of Facebook's IPO.
Allianz paying $12.4M to settle US bribery charges
12/17/2012 3:24pm
German insurer Allianz SE has agreed to pay about $12.4 million to settle U.S. civil charges of bribing Indonesian officials to win insurance contracts on big government projects.
Oil, gas drilling rile West's energy embrace
12/17/2012 3:35pm
This used to be a land proud of its oil barons. Now the energy industry that has brought wealth and jobs across the interior West is prompting angry protests by citizens sporting gas masks and using bullhorns at public hearings.
Boeing results share buybacks, boosts dividend
12/17/2012 3:44pm
Boeing Co. says it will buy back $1.5 billion to $2 billion of its shares next year, and it is boosting its dividend.
Caribou Coffee being taken private in $340M deal
12/17/2012 4:09pm
Caribou Coffee is being taken private by a German holding company in a deal valued at about $340 million.
Elliott offers to buy Compuware for $2.35B
12/17/2012 4:19pm
Compuware shares jumped 17 percent Monday, after one of its largest shareholders offered to buy the software development company for about $2.35 billion in a bid to turn it around.
APNewsBreak: Unisex Easy-Bake oven on the way
12/17/2012 5:21pm
Hasbro says it will soon reveal a gender-neutral Easy-Bake Oven after meeting with a New Jersey girl who started a campaign calling on the toy maker to make one that appeals to all kids.
GM boosts pickup truck deals to shed inventory
12/17/2012 6:03pm
With Chevy Silverado and GMC Sierra pickup trucks piling up on dealer lots, General Motors is offering generous deals to thin the stock.
Power wholesaler files for bankruptcy in Illinois
12/17/2012 6:38pm
Power wholesaler Edison Mission Energy and its Chicago-based subsidiary Midwest Generation filed for Chapter 11 bankruptcy protection Monday to try to restructure about $5 billion in debt.
Star Scientific to stop making tobacco products
12/17/2012 7:50pm
Star Scientific Inc. plans to stop making and selling its dissolvable smokeless tobacco products at the end of the year and instead focus on its dietary supplement business, the company said Monday in a filing with the Securities and Exchange Commission.
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