Indonesia police looking into pigskin Kickers
12/21/2012 3:12am
Police in the Muslim-majority nation of Indonesia say they have received a complaint against Kickers footwear company saying it labeled its shoes "halal" despite some being made with pig skin.
UK banking review urges 'electrified' ring-fence
12/21/2012 3:48am
The U.K. government needs to get tougher in its proposals to reform the banking industry by splitting high-street activities from riskier investment banking, Britain's Parliamentary Commission on Banking Standards said Friday.
UK insurer Aviva sells US unit to Athene Holding
12/21/2012 3:52am
British insurer Aviva PLC is selling its U.S. unit to Bermuda-based Athene Holding Ltd. for $1.8 billion.
GE to buy aviation unit of Italy's Avio for $4.3B
12/21/2012 5:25am
Industrial conglomerate General Electric plans to buy the aviation business of Italian manufacturer Avio for $4.3 billion to grow its jet propulsion business and strengthen its supply chain.
BAE signs $4.1 billion aircraft deal with Oman
12/21/2012 6:42am
British Prime Minister David Cameron hinted that more U.K. troops could be stationed in the Gulf as he welcomed news Friday that BAE Systems has won a 2.5 billion pound ($4.1 billion) deal with Oman for 20 aircraft.
Italian court overturns Google convictions
12/21/2012 7:06am
An Italian appeals court on Friday overturned the convictions of three Google executives who had been held criminally responsible for a video on a Google site that showed a disabled teen being bullied.
Steve Jobs' yacht caught up in payment spat
12/21/2012 7:22am
The sleek, white superyacht Apple founder Steve Jobs commissioned before his death cannot leave the Netherlands just yet due to a payment dispute
It's all-hands-on-deck for final retail push
12/21/2012 8:09am
With the final retail push under way, L.L. Bean CEO Chris McCormick is playing Santa's helper against a backdrop of conveyor belts and beeping front-end loaders as he boxes up slippers and shirts. But there's little time to reflect on the holiday cheer those gifts will bring because he's busy concentrating to make sure no shipments go astray.
Ex-Anglo Irish Bank chief faces new fraud charges
12/21/2012 8:23am
The former chief executive of Ireland's collapsed Anglo Irish Bank, Sean FitzPatrick, was arraigned Friday on new fraud charges that he misled auditors and shareholders over (EURO)140 million ($180 million) in personal loans that the bank surreptitiously provided _ and he never repaid.
Boehner on averting fiscal cliff: 'God only knows'
12/21/2012 8:37am
House Speaker John Boehner says he's still open to talks with President Barack Obama on avoiding the double economic hit of automatic tax hikes and spending cuts but he needs Obama to compromise more.
Putin: Russia no defender of Syrian president
12/21/2012 10:07am
Russian President Vladimir Putin met Tuesday with European leaders in Brussels to discuss energy, Syria and human rights, but reached no agreements _ as officials on both sides had predicted in advance.
Nike shares up after 2Q net income beats Street
12/21/2012 10:20am
Nike shares jumped 6 percent Friday after the world's largest athletic gear maker beat Wall Street expectations for the second quarter.
Delta Air Lines hiring up to 400 flight attendants
12/21/2012 11:56am
Delta Air Lines Inc. is looking for up to 400 flight attendants, many of them for overseas flights for next summer.
Hostess expects to split up snack cakes in sale
12/21/2012 12:51pm
Twinkies, Wonder Bread and Devil Dogs are likely to return to shelves in coming months, but probably not under the same owners.
Oreo cookie maker Mondelez gives CEO $10M award
12/21/2012 1:30pm
The company that makes Oreo cookies is sweetening the pay for its CEO with a special stock award valued at $10 million.
Groupon buys online service CommerceInterface
12/21/2012 3:00pm
Online deals company Groupon says it will buy online retail manager CommerceInterface for an undisclosed amount.
Greece: Eco-cruise NGO in fraud probe
12/21/2012 3:02pm
Fourteen people have been charged with criminal fraud in Greece in a major investigation into a nonprofit group involved in a series of environmental conferences on cruise ships attended by religious leaders and renowned experts.
FDA says fast-growing fish would not harm nature
12/21/2012 3:08pm
Federal health regulators say a genetically modified salmon that grows twice as fast as normal is unlikely to harm the environment, clearing the way for the first approval of a scientifically engineered animal for human consumption.
Disney completes Lucasfilm acquisition for $4.06B
12/21/2012 3:16pm
Disney says it has completed its acquisition of Lucasfilm Ltd. for $4.06 billion in cash and stock.
IMF warns French economy vulnerable to downturn
12/21/2012 3:37pm
The International Monetary Fund warned Friday that the French economy, the eurozone's second-largest, is vulnerable to a downturn because of its shrinking share of the export market and ossified labor market and urged the government to do more, faster to stay competitive and keep its finances under control.
Former SAC portfolio manager Martoma indicted
12/21/2012 4:13pm
A former hedge fund portfolio manager was indicted Friday for securities fraud in connection with what prosecutors say could be the most lucrative insider-trading scheme to date.
Pinnacle to buy Ameristar Casinos for about $869M
12/21/2012 4:27pm
In a deal that would more than double its size, Pinnacle Entertainment said Friday that it will buy rival Ameristar Casinos for about $869 million, plus take on $1.9 billion of its debt.
Top business story in '12: Sluggish global economy
12/21/2012 4:28pm
This would be the year when the global economy finally regained its vigor. At least that's what many had hoped.
Discounts abound as stores try to salvage season
12/21/2012 10:09pm
When it comes to fat holiday discounts, better late than never.
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