Archive for September, 2005

Lukoil of Russia Bids for a Caspian Producer - New York Times (Stock Trading)

Friday, September 30th, 2005

Lukoil of Russia Bids for a Caspian Producer - New York Times

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Metro Toronto
Lukoil of Russia Bids for a Caspian Producer
New York Times -2 hours ago
Lukoil, Russia's largest oil company, offered $2 billion Friday to buy one of Kazakhstan's midsize oil and gas operators, furthering the Russian company's expansion plans in the energy-rich Caspian Sea region.
Lukoil to Buy Kazakh Oil Producer Nelson for $2 Bln (Update7)Bloomberg
Nelson under siege after surprise bid by LukoilTimes Online
Reuters -Globe and Mail -Independent -CNN International -all 93 related

TransMeridian Halts Flights Nationwide - Washington Post

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News 10 Now
TransMeridian Halts Flights Nationwide
Washington Post -13 hours ago
ATLANTA — TransMeridian Airlines, a struggling Georgia-based carrier, has halted all its flights after failed negotiations to restructure its debts and plans to file for bankruptcy, the company said Friday.
TransMeridian Airlines abruptly halts flights, strands fliersUSA Today
Local airline closes, costing 500 jobsAtlanta Journal Constitution (subscription)
Kansas City Star -NBC 10.com -Rockford Register Star -Orlando Sentinel -all 69 related

In Conservation Effort, US Bans Caspian Beluga Caviar - New York Times

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US Dept of State (press release)
In Conservation Effort, US Bans Caspian Beluga Caviar
New York Times -Sep 29, 2005
WASHINGTON, Sept. 29 - The United States Fish and Wildlife Service announced Thursday that it would ban the import of caviar from beluga sturgeon in the Caspian Sea, after caviar-exporting countries in the
CORRECTED-US to ban Caspian beluga caviar imports–groupReuters.uk
Unraveling regulations … political jockeying … other itemsScripps Howard News Service
San Jose Mercury News -Bloomberg -Financial Times -Chicago Sun-Times -all 53 related

Stocks End High Despite Data; Dow Up 16 - Forbes

Stocks End High Despite Data; Dow Up 16
Forbes -8 hours ago
Wall Street ended an erratic quarter with a modest advance Friday as falling oil prices helped ease concerns about a weakening consumer environment following hurricanes Katrina and Rita.
Stocks rise, 3rd quarter is best for 2005ABC News
Indexes Rise For Week, QuarterInvestor's Business Daily (subscription)
MarketWatch -Washington Post -MSN Money -TheStreet.com -all 44 related

Quebec Smokers Seek C$17.8 Bln Damages From Tobacco Companies - Bloomberg

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CTV.ca
Quebec Smokers Seek C$17.8 Bln Damages From Tobacco Companies
Bloomberg -9 hours ago
Quebec smokers who claim they were deceived by Canada's three biggest tobacco companies about the addictive nature of cigarettes said in court papers yesterday that they'll seek C$17.8 billion ($15.3 billion) in damages.
Rothmans sinks on Canada tobacco ruling, rivals upABC News
Court Allows Tobacco Suits in CanadaNew York Times
CBC News -Xinhua -Canada.com -Forbes -all 171 related

Court Halts $15BO'Hare Expansion Plan - ABC News

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Albany Times Union
Court Halts $15BO'Hare Expansion Plan
ABC News -1 hour ago
A United Airlines Boeing 737 talks off on runways 14L and 32R during a groundbreaking ceremony for phase one expansion of O'Hare International Airport, Friday, Sept.
Court Halts $15BO'Hare Expansion PlanForbes
FAA Approves $15BO'Hare Expansion PlanNewsday
RedNova.com -Houston Chronicle -WBBM780 -WSTM-TV -all 197 related

American Air scrubs flights, cites fuel - MarketWatch

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KSBI 52
American Air scrubs flights, cites fuel
MarketWatch -11 hours ago
SAN FRANCISCO (MarketWatch) — American Airlines announced Friday that it was going to stop flying certain domestic routes in October because jet fuel prices make the trips too costly, highlighting the industry's ongoing plight over rising expenses.
Fuel prices spur American to drop flightsMSN Money
American, Delta Cut Some Flights on Rising Fuel Costs (Update4)Bloomberg
Forbes -BusinessWeek -Washington Post -Canada.com -all 187 related

Iger wants new windows in Disney house - Hollywood Reporter

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MSNBC
Iger wants new windows in Disney house
Hollywood Reporter -Sep 29, 2005
If recent comments by incoming Walt Disney Co. chief executive Robert Iger are an indication of his willingness to set a bold new agenda for the company, as well as signals of a media industry
Eisner leaves mixed legacy as Disney chiefWashington Post
Eisner hands Disney reins to Bob IgerDetNews.com
BusinessWeek -Telegraph.co.uk -MSNBC -MSN Money -all 113 related

Ford Takes Control of Visteon Corp. - Washington Post

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Washington Post
Ford Takes Control of Visteon Corp.
Washington Post -50 minutes ago
Ford Motor Co. took control of auto supplier Visteon Corp. on Saturday in a deal designed to ensure its supply of parts and make Visteon profitable.
Ford Takes Control of 23 Visteon PlantsABC News
Ford to Reduce Its Parts Suppliers by HalfNew York Times
Forbes -Detroit Free Press -CNN -Reuters -all 146 related

UPDATE 2-Procter& Gamble cleared to buy Gillette - Reuters

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CNN/Money
UPDATE 2-Procter& Gamble cleared to buy Gillette
Reuters -7 hours ago
Procter& Gamble Co.'s (PG.N: Quote, Profile, Research) $57 billion purchase of Gillette Co. has been cleared by US antitrust authorities on condition that a handful
Feds: Sell Right Guard to meet sniff testBoston Herald
P&G Gets Clearance on Gillette PurchaseABC News
Forbes -Kentucky.com -Minneapolis Star Tribune (subscription) -Bloomberg -all 194 related

Top Business (Stock Trading) News 9/30 - WLNS

Friday, September 30th, 2005

Top Business News 9/30 - WLNS

TopBusinessNews9/30
WLNS, MI -17 hours ago
Consumer reaction to high energy costs will be 1 of the driving forces on Wall Street. Investors will be pouring through data from

Morning business news - RTE News

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RTE News
Morningbusinessnews
RTE News -21 hours ago
FINAL DAY FOR FINGLETON - John Fingleton completes his last full week as chairperson of the Competition Authority today. Next Thursday

Brief media business news - Manchester Evening News

Brief mediabusinessnews
Manchester Evening News, UK -22 hours ago
THE Chartered Institute of Public Relations has launched a diversity policy for the PR industry which aims to encourage people from different backgrounds to

Friday Newspaper Review - Irish Business News and International … - FinFacts Ireland

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FinFacts Ireland
Friday Newspaper Review - IrishBusinessNewsand International
FinFacts Ireland, Ireland -22 hours ago
By Finfacts Team. The Irish Independent reports that Ireland's share of foreign direct investment (FDI) fell sharply to $9bn in 2004

Business news in brief from around New Jersey - Newsday

Businessnewsin brief from around New Jersey
Newsday, NY -8 hours ago
NEWARK, NJ — Public Service Electric and Gas on Friday filed a petition with the New Jersey Board of Public Utilities to charge consumers $132.8 million more

Business news briefs: 10/1/05 - Pittsburgh Post Gazette

Businessnewsbriefs: 10/1/05
Pittsburgh Post Gazette, PA -1 hour ago
Allegheny Energy Inc. has agreed to settle a consolidated securities class-action lawsuit pending against the company and certain

Business News - Danmark.dk

BusinessNews
Danmark.dk, Denmark -20 hours ago
The board of directors of Denmark's largest telco, TDC, has refused to allow foreign capital funds access to its books, making it impossible for the funds to
BusinessNewsDanmark.dk
all 2 related

Business news in brief - Philadelphia Inquirer

Businessnewsin brief
Philadelphia Inquirer, PA -16 hours ago
Aramark Corp. said that Hurricanes Katrina and Rita and the bankruptcies of Delta Airlines and Northwest Airlines would shave an

Court Halts $15BO'Hare Expansion Plan - ABC News (Stock Trading)

Friday, September 30th, 2005

Court Halts $15BO'Hare Expansion Plan - ABC News

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Albany Times Union
Court Halts $15BO'Hare Expansion Plan
ABC News -1 hour ago
A United Airlines Boeing 737 talks off on runways 14L and 32R during a groundbreaking ceremony for phase one expansion of O'Hare International Airport, Friday, Sept.
Court Halts $15BO'Hare Expansion PlanForbes
FAA Approves $15BO'Hare Expansion PlanNewsday
RedNova.com -Houston Chronicle -WBBM780 -WSTM-TV -all 197 related

American Air scrubs flights, cites fuel - MarketWatch

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KSBI 52
American Air scrubs flights, cites fuel
MarketWatch -11 hours ago
SAN FRANCISCO (MarketWatch) — American Airlines announced Friday that it was going to stop flying certain domestic routes in October because jet fuel prices make the trips too costly, highlighting the industry's ongoing plight over rising expenses.
Fuel prices spur American to drop flightsMSN Money
American, Delta Cut Some Flights on Rising Fuel Costs (Update4)Bloomberg
Forbes -BusinessWeek -Washington Post -Canada.com -all 187 related

Bayou Group Investors Seek to Recover More Than $100 Million - Bloomberg

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Seattle Times
Bayou Group Investors Seek to Recover More Than $100 Million
Bloomberg -22 hours ago
Investors in Bayou Group, the collapsed hedge fund company, are hoping to recover more than $100 million following guilty pleas yesterday by principals Samuel Israel III and Daniel Marino.
Bayou founders plead guiltyMarketWatch
Bayou founder, CFO plead guilty to fraudCNN International
Seattle Post Intelligencer -USA Today -CNN -BusinessWeek -all 250 related

Interpublic Restates Earnings, Has Loss in First Half (Update2) - Bloomberg

Interpublic Restates Earnings, Has Loss in First Half (Update2)
Bloomberg -17 hours ago
Interpublic Group of Cos., the world's No. 3 advertising company, restated results to correct falsified records and acquisition accounting for more than five years and posted a loss in 2004 and the first six months of 2005.
Interpublic puts on a brave faceGuardian Unlimited
Interpublic restates profits, stock upCNN
MarketWatch -International Herald Tribune -ABC News -Washington Post -all 48 related

Iger wants new windows in Disney house - Hollywood Reporter

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MSNBC
Iger wants new windows in Disney house
Hollywood Reporter -23 hours ago
If recent comments by incoming Walt Disney Co. chief executive Robert Iger are an indication of his willingness to set a bold new agenda for the company, as well as signals of a media industry
Eisner leaves mixed legacy as Disney chiefWashington Post
Eisner hands Disney reins to Bob IgerDetNews.com
BusinessWeek -Telegraph.co.uk -MSNBC -MSN Money -all 113 related

In Conservation Effort, US Bans Caspian Beluga Caviar - New York Times

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US Dept of State (press release)
In Conservation Effort, US Bans Caspian Beluga Caviar
New York Times -Sep 29, 2005
WASHINGTON, Sept. 29 - The United States Fish and Wildlife Service announced Thursday that it would ban the import of caviar from beluga sturgeon in the Caspian Sea, after caviar-exporting countries in the
CORRECTED-US to ban Caspian beluga caviar imports–groupReuters.uk
Unraveling regulations … political jockeying … other itemsScripps Howard News Service
San Jose Mercury News -Bloomberg -Financial Times -Chicago Sun-Times -all 53 related

Stocks End High Despite Data; Dow Up 16 - Forbes

Stocks End High Despite Data; Dow Up 16
Forbes -8 hours ago
Wall Street ended an erratic quarter with a modest advance Friday as falling oil prices helped ease concerns about a weakening consumer environment following hurricanes Katrina and Rita.
Stocks rise, 3rd quarter is best for 2005ABC News
Indexes Rise For Week, QuarterInvestor's Business Daily (subscription)
MarketWatch -Washington Post -MSN Money -TheStreet.com -all 44 related

Inventor of Valium, Once the (Stock Trading) Most Often Prescribed Drug, Dies

Friday, September 30th, 2005

Inventor of Valium, Once the Most Often Prescribed Drug, Dies
Leo Sternbach, 97, who created Valium, the nation's most-prescribed drug during the 1970s, until critics claimed it was overused and newer drugs replaced it, died Sept. 28 at his home in Chapel Hill, N.C.
Patricia Sullivan

June Supreme Court Ruling Taking Toll on Music Sharing
A year ago, a Web site called eDonkey was an arch-nemesis of the music industry. Like other sites with names like Kazaa and LimeWire and the original Napster back in 1999, eDonkey allowed users to swap songs for free over the Internet. Sharing, users said. Stealing, the music industry replied.
Frank Ahrens

The Whole Truth About Disclosure
Maryland home sellers have to tell buyers a lot more of the truth beginning today.
Sandra Fleishman

Hocus- Smokeless
When it comes to romance there's little that compares to the allure of fireplaces. Whether they actually provide heat is pretty much irrelevant; it's the fantasy that counts.
Stephanie Cavanaugh

W.R. Grace Deems 180 Misdiagnosed
About 180 people who were diagnosed with asbestos-related illnesses linked to W.R. Grace & Co.'s now-defunct mine in Libby, Mont., were misdiagnosed, the Columbia-based specialty chemical maker asserted in a statement yesterday.
Dina ElBoghdady

'Virtual Card' Offers Online Security Blanket
John Roos used to be afraid to shop online. "I hate to give out my real credit card number," said the retired manager of a computer center.

Caroline E. Mayer

Northwest Spells Out Recovery Plan
NEW YORK — Executives of Northwest Airlines Corp., the nation's fourth-largest airline, spelled out for creditors on Friday their plans for bringing the company out of bankruptcy, including cost savings of up to $2.5 billion, labor cuts and plans to open a subsidiary that would fly smaller planes.

ALEKSANDRS ROZENS

Senators See Need for U.S. Gas Reserve
Two U.S. senators yesterday called for the creation of a government stockpile of gasoline that could be tapped to prevent shortages and to help hold down prices when hurricanes or other events disrupt supplies.

Justin Blum

Morton, Banker Who Led Olympic Bid, Is Retiring
John Morton, a longtime Bank of America executive who led the region's effort to host the 2012 Olympics, will retire from the bank today.
Ellen McCarthy

Calls Driven by Junk Fax Shatter a Family's Peace
Melanie Lovejoy had never heard of a "junk fax" until one hijacked her life this week.
Yuki Noguchi

The Mall's New Mix
Tysons Corner Center is opening a 362,000-square-foot expansion today with a 16-screen movie theater, five restaurants and 24 new retail stores, many of them designed to appeal to teenage shoppers.

Elissa Silverman

Boeing Faces Another Labor Challenge
CHICAGO — Boeing Co. welcomed back airplane assembly workers Friday after a four-week strike but now faces another potential contract showdown with engineers and technical workers, whose walkout five years ago hurt production.
DAVE CARPENTER

Hocus- Smokeless (Stock Trading)

Friday, September 30th, 2005

Hocus- Smokeless
When it comes to romance there's little that compares to the allure of fireplaces. Whether they actually provide heat is pretty much irrelevant; it's the fantasy that counts.
Stephanie Cavanaugh

Ladner Aide Contradicts Explanations Of Expenses
The longtime executive assistant to suspended American University President Benjamin Ladner said he made no effort to separate his personal and business expenses and insisted on "the best room with the best view" in exclusive hotels, even giving her a guide to fine lodging worldwide.
Valerie Strauss and Susan Kinzie

Mortgage Licensing Rules Criticized (Stock Trading)

Friday, September 30th, 2005

Mortgage Licensing Rules Criticized
As Maryland rolls out a new law this week requiring people who arrange mortgage loans for borrowers to be individually licensed, legislators on Capitol Hill yesterday criticized such state efforts as creating a jumbled pattern of conflicting regulations and urged federal action instead.
Kirstin Downey

Employee Discount Program Over at GM
DETROIT — General Motors Corp. is ending its popular employee discount incentive, which let buyers pay the employee price for vehicles throughout the summer.
DEE-ANN DURBIN

The Whole Truth About Disclosure
Maryland home sellers have to tell buyers a lot more of the truth beginning today.
Sandra Fleishman

Morton, Banker Who Led Olympic Bid, Is Retiring
John Morton, a longtime Bank of America executive who led the region's effort to host the 2012 Olympics, will retire from the bank today.

Ellen McCarthy

Boeing Faces Another Labor Challenge
CHICAGO — Boeing Co. welcomed back airplane assembly workers Friday after a four-week strike but now faces another potential contract showdown with engineers and technical workers, whose walkout five years ago hurt production.
DAVE CARPENTER

Ebbers Lawyers Detail Case For Overturning Conviction
An appeals court should throw out the fraud conviction of former WorldCom Inc. chief Bernard J. Ebbers because of improper jury instructions and decisions by prosecutors that kept key witnesses from testifying, defense lawyers argued yesterday.
Carrie Johnson

Senators See Need for U.S. Gas Reserve
Two U.S. senators yesterday called for the creation of a government stockpile of gasoline that could be tapped to prevent shortages and to help hold down prices when hurricanes or other events disrupt supplies.

Justin Blum

Ex-Freddie Mac Chief Loses Lease
The state of Maryland Wednesday terminated a lease with former Freddie Mac chief executive Leland C. Brendsel and his wife for 98 acres of state land surrounding his estate on Wye Island, after an official determined that the lease was improperly awarded.

Annys Shin

Chinese Officials Vow to Spread Growth Benefits
Chinese official vow to spread the benefits of economic growth more fairly among all levels of society, seeking particularly to close the yawning income gap between farmers and city dwellers.
Edward Cody

Ford Rethinks Supply Strategy
Ford Motor Co. yesterday outlined a new parts-buying strategy that the company said would shore up the shaky auto-supply sector.
Sholnn Freeman and Amy Joyce

Consumer Spending Report Bares Katrina's Wrath
Consumer spending plunged in August at the steepest rate since the September 2001 terrorist attacks as Hurricane Katrina slashed Americans' incomes, fanned inflation and caused $170 billion in losses from property damage, the government reported today, in its first tally of the storm's economic…
Nell Henderson

Hocus- Smokeless
When it comes to romance there's little that compares to the allure of fireplaces. Whether they actually provide heat is pretty much irrelevant; it's the fantasy that counts.
Stephanie Cavanaugh

W.R. Grace Deems 180 Misdiagnosed
About 180 people who were diagnosed with asbestos-related illnesses linked to W.R. Grace & Co.'s now-defunct mine in Libby, Mont., were misdiagnosed, the Columbia-based specialty chemical maker asserted in a statement yesterday.
Dina ElBoghdady

Carnival CEO: Profit Growth to Level Off
FORT LAUDERDALE, Fla. — Carnival Corp. chief executive Micky Arison said Friday that the world's top cruise operator's profit growth is nearly back at pre-Sept. 11, 2001, levels, but it should taper off as fuel costs rise.

JOHN PAIN

Northwest Spells Out Recovery Plan
NEW YORK — Executives of Northwest Airlines Corp., the nation's fourth-largest airline, spelled out for creditors on Friday their plans for bringing the company out of bankruptcy, including cost savings of up to $2.5 billion, labor cuts and plans to open a subsidiary that would fly smaller planes.
ALEKSANDRS ROZENS

Newmark Details Forward Stock Split and Name Change (Stock Trading)

Friday, September 30th, 2005

Newmark Details Forward Stock Split and Name Change
VANCOUVER, British Columbia, Sept. 30, 2005 (PRIMEZONE) — Newmark Ventures, Inc. (OTCBB:NWMV) ("Newmark") today announced that October 20, 2005 will be the effective date of a 3 for 2 forward stock split of Newmark's common shares in which one additional share will be issued for every two outstanding shares. The record date for the transaction will be October 10, 2005. Any fractional shares that might result from the forward stock split will be rounded up to the nearest whole share.

Mark Darty Joins Luminetx as EVP of Manufacturing, R&D
MEMPHIS, Tenn., Sept. 30, 2005 (PRIMEZONE) — Mark A. Darty, formerly the Senior Director of North American Technology Research and Development for Brother International, has joined Luminetx Corporation as Executive Vice President of Manufacturing, Research and Development.

China Direct Trading Corp. Brings Sutter's Mill to First Gift Show
DAVIE, Fla., Sept. 30, 2005 (PRIMEZONE) — China Direct Trading Corporation's (OTCBB:CHDT) wholly owned subsidiary, Souvenir Direct, Inc. (SDI), has signed an exclusive sales agreement with Sutter's Mill Specialties Inc., an established southwestern souvenir and gift manufacturer, to sell Sutter's well-established line of high-end, laser-engraved souvenir, gift and promotional products. Sutter's enjoys multi-million dollar revenues from the sale of its products throughout the U.S. This week SDI begins selling Sutter's items at a major souvenir and gift show in San Diego.

Stock Trading - Boeing Faces Another Labor Challenge

Friday, September 30th, 2005

Boeing Faces Another Labor Challenge
CHICAGO — Boeing Co. welcomed back airplane assembly workers Friday after a four-week strike but now faces another potential contract showdown with engineers and technical workers, whose walkout five years ago hurt production.
DAVE CARPENTER

Northwest Spells Out Recovery Plan
NEW YORK — Executives of Northwest Airlines Corp., the nation's fourth-largest airline, spelled out for creditors on Friday their plans for bringing the company out of bankruptcy, including cost savings of up to $2.5 billion, labor cuts and plans to open a subsidiary that would fly smaller planes.
ALEKSANDRS ROZENS

Ford Rethinks Supply Strategy
Ford Motor Co. yesterday outlined a new parts-buying strategy that the company said would shore up the shaky auto-supply sector.
Sholnn Freeman and Amy Joyce

Morton, Banker Who Led Olympic Bid, Is Retiring
John Morton, a longtime Bank of America executive who led the region's effort to host the 2012 Olympics, will retire from the bank today.

Ellen McCarthy

Ex-Freddie Mac Chief Loses Lease
The state of Maryland Wednesday terminated a lease with former Freddie Mac chief executive Leland C. Brendsel and his wife for 98 acres of state land surrounding his estate on Wye Island, after an official determined that the lease was improperly awarded.

Annys Shin

Senators See Need for U.S. Gas Reserve
Two U.S. senators yesterday called for the creation of a government stockpile of gasoline that could be tapped to prevent shortages and to help hold down prices when hurricanes or other events disrupt supplies.

Justin Blum

Ebbers Lawyers Detail Case For Overturning Conviction
An appeals court should throw out the fraud conviction of former WorldCom Inc. chief Bernard J. Ebbers because of improper jury instructions and decisions by prosecutors that kept key witnesses from testifying, defense lawyers argued yesterday.
Carrie Johnson

Markets Play It Safe
Stocks ended the third quarter cautiously today, moving ahead slightly as oil prices fell, but still held back by worries about consumer spending.
Jerry Knight

The Whole Truth About Disclosure
Maryland home sellers have to tell buyers a lot more of the truth beginning today.
Sandra Fleishman

Employee Discount Program Over at GM
DETROIT — General Motors Corp. is ending its popular employee discount incentive, which let buyers pay the employee price for vehicles throughout the summer.
DEE-ANN DURBIN

W.R. Grace Deems 180 Misdiagnosed
About 180 people who were diagnosed with asbestos-related illnesses linked to W.R. Grace & Co.'s now-defunct mine in Libby, Mont., were misdiagnosed, the Columbia-based specialty chemical maker asserted in a statement yesterday.
Dina ElBoghdady

Mortgage Licensing Rules Criticized
As Maryland rolls out a new law this week requiring people who arrange mortgage loans for borrowers to be individually licensed, legislators on Capitol Hill yesterday criticized such state efforts as creating a jumbled pattern of conflicting regulations and urged federal action instead.
Kirstin Downey

Chinese Officials Vow to Spread Growth Benefits
Chinese official vow to spread the benefits of economic growth more fairly among all levels of society, seeking particularly to close the yawning income gap between farmers and city dwellers.
Edward Cody

Consumer Spending Report Bares Katrina's Wrath
Consumer spending plunged in August at the steepest rate since the September 2001 terrorist attacks as Hurricane Katrina slashed Americans' incomes, fanned inflation and caused $170 billion in losses from property damage, the government reported today, in its first tally of the storm's economic…
Nell Henderson

Carnival CEO: Profit Growth to Level Off
FORT LAUDERDALE, Fla. — Carnival Corp. chief executive Micky Arison said Friday that the world's top cruise operator's profit growth is nearly back at pre-Sept. 11, 2001, levels, but it should taper off as fuel costs rise.

JOHN PAIN

Stock Trading - Mortgage Licensing Rules Criticized

Friday, September 30th, 2005

Mortgage Licensing Rules Criticized
As Maryland rolls out a new law this week requiring people who arrange mortgage loans for borrowers to be individually licensed, legislators on Capitol Hill yesterday criticized such state efforts as creating a jumbled pattern of conflicting regulations and urged federal action instead.
Kirstin Downey

Morton, Banker Who Led Olympic Bid, Is Retiring
John Morton, a longtime Bank of America executive who led the region's effort to host the 2012 Olympics, will retire from the bank today.

Ellen McCarthy

Carnival CEO: Profit Growth to Level Off
FORT LAUDERDALE, Fla. — Carnival Corp. chief executive Micky Arison said Friday that the world's top cruise operator's profit growth is nearly back at pre-Sept. 11, 2001, levels, but it should taper off as fuel costs rise.

JOHN PAIN

Ebbers Lawyers Detail Case For Overturning Conviction
An appeals court should throw out the fraud conviction of former WorldCom Inc. chief Bernard J. Ebbers because of improper jury instructions and decisions by prosecutors that kept key witnesses from testifying, defense lawyers argued yesterday.
Carrie Johnson

Ford Rethinks Supply Strategy
Ford Motor Co. yesterday outlined a new parts-buying strategy that the company said would shore up the shaky auto-supply sector.
Sholnn Freeman and Amy Joyce

Ex-Freddie Mac Chief Loses Lease
The state of Maryland Wednesday terminated a lease with former Freddie Mac chief executive Leland C. Brendsel and his wife for 98 acres of state land surrounding his estate on Wye Island, after an official determined that the lease was improperly awarded.

Annys Shin

Stocks set records in Mexico, Brazil; finish mixed in Argentina - North County Times (Stock Trading)

Friday, September 30th, 2005

Stocks set records in Mexico, Brazil; finish mixed in Argentina - North County Times

Stocks set records in Mexico, Brazil; finish mixed in Argentina
North County Times, CA -49 minutes ago
The benchmark Ibovespastockindex closed at 31,584 points, up 1.2 percent fromLate intrading, JP Morgan boosted its recommendation for Brazilian debt to

Jury awards $51 million to Medtronic for patent infringement - In-Forum (subscription)

Jury awards $51 million to Medtronic for patent infringement
In-Forum (subscription), ND -16 minutes ago
of Fridley, Minn.-based Medtronic Inc., parent company of Medtronic Navigation, closed down 29 cents at 53.62 intradingFriday on the New YorkStockExchange.

Friday's Market: Stocks end higher despite weak consumer data - San Diego Daily Transcript (subscription)

Friday's Market: Stocks end higher despite weak consumer data
San Diego Daily Transcript (subscription), CA -41 minutes ago
Stockprices were modestly higher Friday, closing out the best third quarter on WallThe Dow has been up in six of the finaltradingsessions in September.

Penalty abets crime - Economic Times

Penalty abets crime
Economic Times, India -19 minutes ago
The spate of suspension of Z group scrips by BombayStockExchange andYet apart from somewhat tightertradingnorms and periodic suspension of serious

US probes neurological problems, Sanofi vaccine - RedNova.com

US probes neurological problems, Sanofi vaccine
RedNova.com, TX -50 minutes ago
have suffered neurological problems after receiving the Sanofi vaccine in a statement released late Friday afternoon, after the close of regularstocktrading.

Guidant wins FDA approval for new defibrillator - Fort Worth Star Telegram

Guidant wins FDA approval for new defibrillator
Fort Worth Star Telegram, TX -28 minutes ago
Guidant shares closed up 72 cents at $68.89 intradingFriday on the New YorkStockExchange, after tumbling on Thursday following a report that the medical

Want Employee Prices On Cars? Better Shop Soon - Pittsburgh Channel.com

Want Employee Prices On Cars? Better Shop Soon
Pittsburgh Channel.com, PA -30 minutes ago
GM shares fell 31 cents to $30.38 in morningtradingon the New YorkStockExchange. Its shares have traded in a 52-week range of $24.67 to $43.29.

P&G gets nod for Gillette - Providence Journal (subscription)

P&G gets nod for Gillette
Providence Journal (subscription), RI -8 minutes ago
P&G shares closed up $1.32 at $59.46 intradingyesterday on the New YorkStockExchange. Gillette shares rose $1.99 to $58.20.

Jury Awards $51M To Medtronic In Patent Case - WCCO

Jury Awards $51M To Medtronic In Patent Case
WCCO, MN -15 minutes ago
of Fridley, Minn.-based Medtronic Inc., parent company of Medtronic Navigation, closed down 29 cents at 53.62 intradingFriday on the New YorkStockExchange.

US stocks little changed after mixed data - Reuters India

US stocks little changed after mixed data
Reuters India, India -7 minutes ago
rose 6.4 percent to $12.97 on the New YorkStockExchange after theAnalysts saidtradingwas volatile as portfolio managers shuffle their holdings before the