02/05/2013 1:35amTaiwanese banks are starting to allow their customers to make deposits, obtain loans, and buy bonds denominated in China's tightly controlled yuan, or renminbi _ another milestone in the ever tightening economic relations between the former rivals.
02/05/2013 3:18amThe U.S. military has lifted a ban on contracts with an Afghan airline suspected of drug smuggling after the decision to blacklist the carrier sparked anger throughout the Afghan government.
02/05/2013 4:23amBarclays PLC said Tuesday it is putting aside another 1 billion pounds ($1.6 billion) to cover the costs of scandals related to the mis-selling of financial products, raising speculation that other British banks may soon have to cough up more cash to cover similar scandals.
02/05/2013 5:38amInvestors in Royal KPN NV, the Netherlands' largest telecommunications company, saw the value of their shares drop by more than a fifth Tuesday after it announced plans to issue (EURO)4 billion ($5.4 billion) in new shares to cut debt.
02/05/2013 6:20amMasterCard is doubling its quarterly dividend to 60 cents per share and says its board approved the repurchase of up to $2 billion of its common stock.
02/05/2013 6:20amGas supplier Praxair says it will buy soda carbonation company NuCO2 Inc. for $1.1 billion in cash, helping it expand into the restaurant business.
02/05/2013 6:38amNordic paper maker Stora Enso Oyj says that despite strong fourth quarter earnings it will slash 600 jobs due to the weak European economy.
02/05/2013 8:12amMitsubishi is recalling 14,700 of its i-MiEV ((EYE-meev)) electric cars worldwide because a brake pump can fail.
02/05/2013 8:43amCyprus will give France's Total SA a license to drill for offshore oil and gas deposits, a move the cash-strapped country hopes will yield much-needed revenue.
02/05/2013 8:58amAs a bank officer from a poor region in rural China, Gong Ai'ai is an unlikely property baron. In a country where middle class workers can struggle to afford a single apartment in major cities, Gong is accused of amassing a real estate empire worth at least $160 million. Her alleged secret: corruption, kick-backs and multiple fake identities.
02/05/2013 8:58amCosts related to its upcoming takeover and debt refinancing pushed net income at exchange operator NYSE Euronext down 75 percent in the fourth quarter of last year compared with a year earlier.
02/05/2013 9:14amThe largest U.S. electricity company said Tuesday it will permanently close a Florida nuclear power plant after botched repairs and use $835 million from an insurance settlement to refund consumers forced to pay for higher-cost replacement power.
02/05/2013 9:40amThe U.N. investigator for human rights in North Korea urged the world body Tuesday to open an inquiry into the secretive Asian nation for possible crimes against humanity.
02/05/2013 9:57amHere is the basis of the case the U.S. government is making against Standard & Poor's Ratings Services in a 128-page lawsuit:
02/05/2013 10:12amRatings agency Fitch has downgraded the Netherlands' outlook from stable to negative while reaffirming the country's AAA rating.
02/05/2013 10:45amVirgin Media Inc. has confirmed that it is in talks with Liberty Global Inc. over a possible takeover by the U.S. cable television giant.
02/05/2013 11:39amCRUDE CRUNCH: Oil and gas giant BP's fourth-quarter profit fell nearly 80 percent, dragged down by payouts related to the 2010 Gulf of Mexico oil spill. BP took a loss of $3.85 billion for its settlement of all federal criminal charges with the U.S. government.
02/05/2013 12:18pmWhen KFC was hit by a controversy over its chicken suppliers in China late last year, parent company Yum Brands offered free drinks and ice cream to bring diners back.
02/05/2013 12:18pmOne of the world's largest paper companies pledged Tuesday to stop its suppliers from cutting down natural forests in Indonesia, a move it hopes will help preserve the threatened habitats of rare animals such as orangutans and Sumatran tigers while helping to reduce greenhouse gas emissions released from carbon-rich peatland.
02/05/2013 1:56pmThe largest U.S. electricity company said Tuesday it will permanently close a Florida nuclear power plant after botched repairs and use $835 million from an insurance settlement to refund consumers forced to pay for higher-cost replacement power.
02/05/2013 3:01pmThe Irish meat company at the center of Europe's "horseburger" scandal on Tuesday blamed the contamination of its hamburger patties on the purchase last year of 170 tons of meat imported from Poland.
02/05/2013 3:10pm3M Co., which makes Scotch tape, building supplies and other items, is increasing its dividend 8 percent and will add more money to a fund for share repurchases.
02/05/2013 3:27pmSoaring hotel bookings pushed revenue higher at Expedia Inc., but the online travel agency's fourth-quarter profit fell 90 percent because of money it set aside to appeal a tax dispute in Hawaii.
02/05/2013 3:30pmThe U.S. government charged Standard & Poor's Ratings Services with misleading investors about the quality of mortgage-backed investments in the run-up to the financial crisis.
02/05/2013 4:01pmConsumer Reports is warning car buyers that turbocharged engines may not deliver the speed or fuel economy they expect.
02/05/2013 4:12pmThe Obama administration on Tuesday accused Standard & Poor's of refusing to warn investors that the housing market was collapsing in 2006 because it would be bad for business.
02/05/2013 4:23pmFEET OF CLAY? The government sued Standard & Poor's rating agency, accusing it of misleading investors by giving high marks to risky subprime mortgage investments.
02/05/2013 4:51pmThe government's case against Standard & Poor's points to documents that authorities say support their accusations _ namely, that S&P intentionally gave high marks to risky mortgage investments that eventually collapsed and helped trigger the financial crisis.
02/05/2013 5:54pmThe Justice Department has filed civil charges against Standard & Poor's, accusing the rating agency of refusing to warn investors that the housing market was collapsing in 2006 because it would be bad for business.
02/05/2013 8:20pmLiberty Global Inc., the cable TV operator owned by media mogul John Malone, is buying U.K.-based Virgin Media Inc. in a deal valued at $16 billion.
The station representative who can assist a person with disabilities with issues related to the content of the public files is Mike Dowdle, available during regular office hours at email@example.com and (801) 575-5555.
© 2013 ksl.com | KSL Broadcasting Salt Lake City UT | Site hosted & managed by Deseret Digital Media - a Deseret Media Company v19