Sarkozy to take tanker fight to Obama - Beaver County Times
French President Nicolas Sarkozy will raise concerns that the U.S. Air Force's $35 billion tanker contract is anticompetitive when he visits President Barack Obama later this month, a spokesman said Wednesday. EADS, the parent company of Airbus, had partnered with Northrop Grumman to vie for the 179 ...
Bank of America ends overdraft fees on debit cards - Seattle Times
Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees. Bank of America customers will soon be unable to spend more than they have in the ...
Terra favoring CF over Yara in buyer battle - Yahoo Finance
NEW YORK (AP) -- Fertilizer company Terra Industries said Wednesday its board favors a bid to be acquired by CF Industries instead of a previous agreement with Norway's Yara. Terra, based in Sioux City, Iowa, has given Yara a termination notice for their $4.1 buyout deal announced last month. Yara ...
Brown-Forman 3Q profit falls on higher expenses - NWCN
LOUISVILLE, Ky. (AP) — The maker of Jack Daniel's whiskey and Korbel champagne says its fiscal third-quarter profit slipped, pinched by higher expenses. Brown-Forman Corp. also narrowed its full-year earnings forecast to account for a charge, sales trends and other items. Net income dropped 13 ...
Stocks edge higher in early trading - Deseret News
NEW YORK — Investors are searching for direction Wednesday, after two days of relatively flat trading. Stocks edged higher in early morning trading. A market surge that began a year ago appears to have run out of steam recently. Traders are looking for signs of sustained economic growth. With ...
U.S. Nets $15M on Washington Fed. Warrants - CBS News
(AP) The Treasury Department has received $15.39 million from the sale of warrants it received from Washington Federal Inc. as part of the support it provided from the government's $700 billion bailout program. The Treasury said Wednesday that it sold 1.71 million warrants in an auction that took ...
Class-action lawsuits could cost Toyota $3B-plus - Denver Post
MIAMI—Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant $3 billion or more, according to an Associated Press review of cases, legal precedent and interviews with ...
OPEC raises 2010 oil demand forecast - Forbes
CAIRO -- World oil demand is projected to grow by 900,000 barrels per day in 2010, OPEC said Wednesday, revising up its previous month's forecast while cautioning that the increase is hinged on a sustained global economic rebound, particularly in the United States. The Organization of the Petroleum ...
Airline will cancel flights before fines - Tulsa World
DALLAS — Continental Airlines plans to cancel flights rather than risk stiff fines under new federal rules designed to punish carriers for delaying passengers. CEO Jeff Smisek said Tuesday the result will be that passengers will have more trouble getting to their destinations. A spokesman for the ...
Swiss Re puts Chile quake insurance cost at $4-7BN - MLive.com
(AP) — GENEVA - Swiss Reinsurance Co. said Wednesday that the strong earthquake in Chile last month will cost the insurance industry $4-7 billion, an estimate shared by its Germany-based rival Munich Re AG. Swiss Re said it is common practice for property owners in Chile to buy earthquake ...
