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Archive: (12 Stories)

Roche to tap Lufthansa CEO as new board chairman

09/16/2013 5:27am
Swiss drugmaker Roche said Friday it is tapping Lufthansa CEO Christoph Franz to serve as its next board chairman.

Finnish cruise liner yard to shut, 700 jobs cut

09/16/2013 5:48am
Ship builder STX Finland says it will shut down the yard where some of the world's largest cruise liners were built as the weak global economy continues to hit the European industry.

Packaging Corp. buying Boise for about $1.27B

09/16/2013 6:04am
Packaging Corp. of America is buying Boise for about $1.27 billion, acquiring additional containerboard needed to support its growth.

Turkey Talk Line to have 1st male spokesman

09/16/2013 7:23am
This year if you call Butterball's Turkey Talk Line for some cooking advice, you might get a male voice on the line.

Forbes list of top 10 American billionaires

09/16/2013 9:02am
The top 10 people on this year's Forbes 400 list are:

NEWS SUMMARY: Net worth of America's richest rises

09/16/2013 9:13am
RICH GET RICHER: Forbes on Monday released its annual list of the top 400 richest Americans. Most of the top rankings didn't change, but the fortunes of the majority of the elite club's members grew, helped by strong stock and real estate markets.

FDA halts drugs from top Indian drugmaker's plant

09/16/2013 10:08am
U.S. health regulators have placed a ban on imported drugs from a factory operated by India's largest pharmaceutical company, Ranbaxy Laboratories, due to manufacturing and quality control problems.

Employment gap between rich, poor widest on record

09/16/2013 2:35pm
The gap in employment rates between America's highest- and lowest-income families has stretched to its widest levels since officials began tracking the data a decade ago, according to an analysis of government data conducted for The Associated Press.

Combined net worth of America's richest rises

09/16/2013 2:36pm
Life is good for America's super wealthy.

Obama warns GOP against creating 'economic chaos'

09/16/2013 2:39pm
In a blistering warning to congressional Republicans, President Barack Obama said Monday it would be the "height of irresponsibility" for lawmakers to cause a new economic crisis just five years after the near-collapse of the nation's financial system.

GM working on 200-mile electric car, exec says

09/16/2013 2:57pm
As automakers race to make cheaper electric cars with greater battery range, General Motors is working on one that can go 200 miles per charge at a cost of about $30,000, a top company executive said.

Orange Co. man sentenced for $100M mortgage fraud

09/16/2013 9:00pm
An Orange County man who took part in a $100 million mortgage fraud scheme has been sentenced to a year in federal prison.