Philippine military to acquire helicopters, trucks
12/27/2012 12:07am
The Philippine's defense chief says the government has signed separate contracts worth 163 billion pesos (about $39 million) with Italian and South Korean companies to supply helicopters and trucks as part of efforts to modernize its poorly equipped military.
NKorea's China trade jumps in 2011
12/27/2012 2:37am
North Korea's trade with China surged more than 60 percent last year, a sign of deepening dependence on Pyongyang's biggest ally.
Retailers to recall 150,000-plus baby recliners
12/27/2012 6:03am
Four national retailers agreed to recall more than 150,000 Nap Nanny baby recliners after at least five infant deaths and dozens of reports of children nearly falling out of the recliners, the Consumer Product Safety Commission said Thursday.
Storm whips into Northeast bringing snow, rain
12/27/2012 6:05am
A powerful winter storm brought snow to inland parts of the Northeast and driving rain and wind to areas along the coast Thursday, a day after it swept through the nation's middle, dumping a record snowfall in Arkansas and ruining holiday travel plans for thousands.
FINRA fines 5 banks $4.5 million over fees
12/27/2012 10:37am
The Financial Industry Regulatory Authority says five of the country's largest banks will pay $4.5 million to settle claims they used municipal and state bond funds to pay lobbyists.
SeaWorld files to go public with $100M IPO
12/27/2012 10:39am
Looks like Shamu may soon be making a splash in the stock market.
Chevron's CEO: Affordable energy is crucial
12/27/2012 11:00am
Chevron CEO John Watson notices something important as he visits his company's operations around the globe: Governments everywhere find high energy prices much scarier than the threat of global warming.
News Summary: SeaWorld plans $100 million IPO
12/27/2012 11:50am
FISHING FOR INVESTORS: SeaWorld Entertainment Inc. is looking to go public, with an initial goal of raising $100 million through an initial public offering. The company is owned by private equity firm Blackstone Group LP and plans to use money from the IPO to pay debt and make a payment to Blackstone.
News Summary: US new home sales rise to 377K
12/27/2012 12:01pm
NEW HOME SALES RISE: Americans bought new homes last month at the fastest pace in more than two and a half years. Sales rose 4.4 percent in November from October to a seasonally adjusted annual rate of 377,000.
Steinway says it won't sell band instrument unit
12/27/2012 12:13pm
Shares of Steinway Musical Instruments Inc. fell to an annual low Thursday after the company said it has decided not to sell its band instrument business.
AP IMPACT: Ordinary folks losing faith in stocks
12/27/2012 12:14pm
Andrew Neitlich is the last person you'd expect to be rattled by the stock market.
News Summary: Fund managers see strong 2013 market
12/27/2012 3:39pm
PLENTY OF UNCERTAINTIES: Mangers of stock mutual funds say it's more difficult than usual to predict what the market will do next year. Key issues include the "fiscal cliff" negotiations in Washington and tax and spending questions that lawmakers must deal with in 2013.
Fund managers: 2013 stock outlook remains positive
12/27/2012 3:45pm
A safe route around the "fiscal cliff" continues to elude Congress and the White House. A recession is possible if automatic tax increases and spending cuts begin to take effect on Jan. 1, and people are afraid. Consumer confidence fell for a second straight month in December.
News Summary: Tips to get fit in 2013 affordably
12/27/2012 4:36pm
MAKING IT FIT: The start of a new year inspires many of us to commit to get fit and live healthier. What isn't required is emptying out one's wallet just to break a sweat and shed a few pounds.
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