Fiat and Mazda seal deal to build new roadster
01/18/2013 3:29am
Fiat and Mazda have signed a final agreement to jointly produce convertible two-seater Alfa Romeo and Mazda sports cars.
Hostages from at least 10 nations in Algeria
01/18/2013 5:16am
Islamic militants said they captured 41 foreign hostages at a natural gas complex in the Algerian desert. Some were killed in an Algerian military assault, though information is unclear and figures vary widely.
Snow forces Heathrow to briefly close a runway
01/18/2013 6:11am
Heathrow Airport briefly shut a runway and canceled dozens of flights because of a snowstorm causing widespread travel disruption across Britain.
Police receive 90 tips on Berlin tunnel raid
01/18/2013 7:55am
German police say they have received dozens of tips after releasing images of the 45-meter (150-foot) tunnel dug by robbers into the safe deposit room of a Berlin bank last weekend.
Pfizer animal health IPO could raise more than $2B
01/18/2013 8:24am
Drugmaker Pfizer Inc., which is spinning off its animal health business through an initial public offering, intends to sell 86.1 million shares of common stock.
New EU fish quota deal bodes well for fishermen
01/18/2013 9:25am
The European Union and fisheries nations say a deal with Norway on fish quotas in the North Sea is further proof of a move toward more efficient and sustainable fishing.
Toyota settles in case of 2 killed in Utah crash
01/18/2013 9:51am
Toyota Motor Corp. has settled with family members of two people killed in a sudden-acceleration crash in Utah as part of a lawsuit that was to go to court next month and serve as a test case for a group of hundreds more that are pending.
Liberty Media takes majority hold of Sirius XM
01/18/2013 10:53am
Liberty Media Corp., which has been trying to take over Sirius XM Radio Inc. for some time, has now bought enough shares in the satellite radio company to give it majority control.
Germany balks at bailing out Cyprus
01/18/2013 11:18am
When it came to helping out Greece, Ireland and Portugal, Germany grudgingly went along with its European partners and backed hundreds of billions in rescue loans. But now that tiny Cyprus is in trouble, German politicians appear even less eager to help _ which could put the Mediterranean island country on the path to bankruptcy and out of the eurozone.
News Summary: Germany balks at bailing out Cyprus
01/18/2013 11:52am
CYPRUS BAILOUT: When it came to helping out Greece, Ireland and Portugal, Germany grudgingly went along with its European partners and backed hundreds of billions in rescue loans. But now that tiny Cyprus is in trouble, German politicians appear even less eager to help.
Verizon to add 500 new jobs at Tulsa facility
01/18/2013 12:31pm
Verizon says it will create a financial services hub at its facility in Tulsa, adding 500 new jobs.
HSBC to pay $249M to settle foreclosure-abuse case
01/18/2013 1:36pm
British bank HSBC will pay $249 million to settle federal complaints that its U.S. division wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.
Norwegian Cruise Line jumps in 1st day of trading
01/18/2013 2:17pm
Shares of Norwegian Cruise Line shares skyrocketed in its first day as a publicly traded company.
Algeria: 12 hostages have died in the siege
01/18/2013 2:43pm
The bloody three-day hostage standoff at a natural gas plant in the Sahara took a dramatic turn Friday as Algeria's state news service reported that nearly 100 of the 132 foreign workers kidnapped by Islamic militants had been freed.
UK's Stansted airport being sold for $2.38 billion
01/18/2013 3:00pm
The company that owns London's Stansted airport says it is selling it to the Manchester Airports Group for 1.5 billion pounds ($2.38 billion.)
Some road warriors standing by Boeing's 787
01/18/2013 3:50pm
Some frequent fliers say they aren't worried about safety aboard Boeing's problem-plagued 787 aircraft, while many less-seasoned travelers are often unaware of what model of plane they're flying on.
TSA to remove controversial X-ray scanners
01/18/2013 4:09pm
Those airport scanners with their all-too revealing body images will soon be going away.
Statements by Fed officials in meetings in 2007
01/18/2013 4:18pm
The Federal Reserve on Friday released transcripts of the eight meetings its policy committee held in 2007. The meetings occurred as the country was on the brink of the worst financial crisis since the Great Depression.
Boeing halts 787 deliveries until batteries fixed
01/18/2013 4:22pm
Boeing Co. is stopping deliveries of the 787 until the plane's electrical system is fixed.
Caterpillar taking charge for China mismanagement
01/18/2013 4:24pm
Caterpillar Inc. said Friday that it found deliberate "accounting misconduct" at a recently acquired company in China.
Transcripts show Fed underestimated crisis in 2007
01/18/2013 5:14pm
Federal Reserve officials in 2007 badly underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the deepest recession since the Great Depression, transcripts of the Fed's policy meetings that year show.
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