SAS airline three-month loss down to $100 million
03/08/2013 2:22am
Scandinavian airline group SAS says it narrowed its net loss in the November-January period to 630 million kronor ($100 million) from 2.5 billion kronor a year earlier, mainly through cost cuts.
HK tycoon brothers plead not guilty in graft case
03/08/2013 3:48am
Hong Kong's billionaire Kwok brothers pleaded not guilty to graft charges on Friday, setting the stage for the city's biggest corruption trial in years.
Chairman of struggling ThyssenKrupp steps down
03/08/2013 6:06am
Steel and elevator company ThyssenKrupp AG says its board chairman is stepping down.
Gardner Denver agrees to $3.73B sale
03/08/2013 7:51am
Industrial pump maker Gardner Denver said Friday that it has agreed to sell itself to Kohlberg Kravis Roberts & Co. for about $3.73 billion.
Berlin's troubled airport gets new CEO
03/08/2013 8:08am
A hard-nosed manager with a history of overseeing corporate turnarounds was named Friday as the new CEO of Berlin's airports, putting him in charge of completing the capital's new hub after a string of embarrassing delays.
A tale of 2 employment surveys, at a glance
03/08/2013 8:29am
The U.S. economy added a robust 236,000 jobs in February, and the unemployment rate fell to 7.7 percent from 7.9 percent.
Feds close probe into Ford SUVs rolling away
03/08/2013 9:06am
U.S. safety officials have ended a probe into allegations that three Ford SUVs can roll away even when they have been shifted into park.
Poland aims to pave way for 2015 climate deal
03/08/2013 9:29am
Hoping to win over EU critics of Poland's recent stance on climate change, the environment minister says the coal-powered nation will make every effort to pave the way for a lasting deal in 2015 when it hosts a U.N. global warming conference in the fall.
Feds close probe into Ford unintended acceleration
03/08/2013 9:38am
A U.S. safety agency has ended an investigation into complaints of unintended acceleration in three Ford vehicles.
France wants more dads to take time off for babies
03/08/2013 10:06am
French President Francois Hollande wants more dads to stay home with their babies and more moms to get back to work faster.
News Summary: Japan economy grew in last quarter
03/08/2013 11:19am
RISING SOME: Japan's economy did better than first thought in the last quarter of 2012, eking out a slight expansion instead of shrinking.
Correction: Monster Energy-Lawsuit story
03/08/2013 11:49am
In a story March 4 about a lawsuit against Monster Beverage filed by the family of a Maryland teenager, The Associated Press erroneously characterized the girl's condition listed on her autopsy report. Ehlers-Danlos syndrome is a group of inherited disorders affecting connective tissues, not a heart condition. In one of its most severe forms, Ehlers-Danlos can weaken the heart's largest artery.
J&J recalls, stops selling 3 versions of K-Y Jelly
03/08/2013 12:16pm
Johnson & Johnson has quietly recalled some of its popular personal lubricants in order to avert potentially expensive new regulatory reviews.
Open gov't groups: FDA redactions rules skirt law
03/08/2013 12:22pm
A federal policy that allows the Food and Drug Administration to withhold key details about drugs, medical implants and other products is coming under new pressure from open government advocates.
LL Bean profits return to pre-recession levels
03/08/2013 12:24pm
L.L. Bean's profits returned to pre-recession levels and the company's performance earned workers a healthy bonus approved Friday, but the retailer would have seen stronger performance if the president and Congress would reach an agreement on the federal budget, the company's CEO said.
Whole Foods: Products will carry GMO labeling
03/08/2013 1:00pm
Whole Foods says all products in its North American stores that contain genetically modified ingredients will be labeled as such by 2018.
News Summary: J&J stops selling some K-Y Jelly
03/08/2013 1:47pm
LUBRICANTS RECALLED: Johnson & Johnson's McNeil unit has taken three versions of its popular personal lubricants off the market: K-Y Tingling Jelly, K-Y Sensitive Jelly and K-Y Silk-E Vaginal Moisturizer and Personal Lubricant.
Delta CEO objects to TSA allowing small knives
03/08/2013 3:03pm
The CEO of Delta Air Lines is objecting to plans by the Transportation Security Administration to allow small knives back on planes.
JC Penney cuts an additional 2,200 workers
03/08/2013 3:32pm
J.C. Penney Co. confirmed Friday it's eliminating an additional 2,200 jobs as the struggling department store chain slashes costs after a year of plunging sales and mounting losses.
AT&T reaches agreement with union
03/08/2013 3:41pm
AT&T Mobility has reached a tentative agreement with a union representing more than 20,000 employees across the country.
Job gains cut unemployment to 7.7 pct., 4-year low
03/08/2013 3:44pm
The American job market isn't just growing. It's accelerating.
News Summary: Obama pick spotlights the outdoors
03/08/2013 4:33pm
BREATH OF FRESH AIR: President Obama's selection of a mountain-climbing chief executive of an outdoors-goods retailer FOR Interior Secretary underscores the growing influence of outdoor recreation.
Beechcraft protests Air Force contract decision
03/08/2013 5:00pm
Airplane maker Beechcraft said Friday it will formally protest an Air Force decision to award a competitor a contract worth more than $427 million, claiming the decision puts an estimated 1,400 jobs in Kansas and other states in jeopardy.
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