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BP Oil Spill Settlements Likely to Shield Top Defendants (Aug-20, 09:40 EDT )-- To receive compensation from BP’s $20 billion fund, businesses and individuals will likely have to waive their right to sue the company and other major defendants.
Selling Continues for Second Day on Wall Street (Aug-20, 09:40 EDT )-- There are no reports due that could negate Thursday’s disappointing news that growth in the U.S. economy continues to slow.
A Battle Between Economic Mainstays in Brittany (Aug-20, 09:29 EDT )-- An unwelcome visitor â€" sea algae that feed on the runoff of hog farms â€" has created a health problem and conflicts between farmers, environmentalists and the government.
Europe's Brisk Energy Transition (Aug-20, 09:21 EDT )-- Renewable energy now accounts for 18.4 percent of energy production in the European Union, just behind natural gas, which provides 19.3 percent
Evaluating the Potential of a Business (Aug-20, 09:20 EDT )-- In making deals over the years, we have found that our chances of success are much higher when we have positive answers to three questions.
Dust-Bowl Bust Haunts Wheat Farmers (Aug-20, 09:17 EDT )-- Many wheat farmers are nervous about planting more wheat this year, fearing that prices that have recently soared could fall back to earth -- or that commodity speculators and investment funds might be amplifying the a shortfall in Russia.
Rio Tinto Puts On a New Face in Its Relations With China (Aug-20, 08:52 EDT )-- The steel maker seems eager to put past conflicts with Beijing behind it and search for ways to ensure that it continues to profit from China’s economic growth.
Antidepressant Cymbalta On Track For Approval As Pain Pill (Aug-20, 08:44 EDT )-- An expert panel supported Food and Drug Administration approval of a popular antidepressant for the treatment of chronic back pain. The experts came out against use of the medicine for knee pain from arthritis, though.
Swiss Tourism Suffers as Franc Value Rises (Aug-20, 08:00 EDT )-- The strong franc, which has risen more than 10 percent against the euro this year, making it a less desirable tourism destination for travelers from neighboring countries in the euro zone.
Is 'More Efficient' Always Better? (Aug-20, 07:20 EDT )-- The economic concept of efficiency often involves redistribution of privileges and resources, an economist cautions.
South Korea Makes Hostile Bid for British Oil Firm (Aug-20, 06:21 EDT )-- The $2.9 billion bid for Dana Petroleum of Britain on Friday represented another attempt by Asia’s fourth-largest oil importer to secure future energy supplies.
As Economic Stats Drop, So Could Obama's Standing (Aug-20, 04:22 EDT )-- The Labor Department reports 500,000 people filed first-time unemployment claims last week. That's the largest number of new applicants in nine months. It suggests nervous employers are laying off more workers. The news sent the stock market tumbling...
Toyota Presses On, Reconnecting With Customers (Aug-20, 03:00 EDT )-- Toyota is picking up the pieces after a huge recall of its vehicles over sticky accelerator pedals. The company has gone from seeming to ignore the problem, to bending over backwards trying to help customers. Toyota has also moved to recall any vehicle...
Economic Indicators Point To Poor Recovery (Aug-20, 03:00 EDT )-- As far as economic data go, it's been a discouraging few weeks. This week alone: Housing starts, unemployment claims and the index of leading economic indicators all came in worse than economists had predicted.
FAA Expected To Penalize American Airlines (Aug-20, 03:00 EDT )-- A published report says federal officials are ready to hit American Airlines with a record penalty of $25 million or more for maintenance shortcomings. The problems led to thousands of canceled flights in 2008. The Wall Street Journal reports the FAA...
'Green' Sun Chips Bag Adds To Noise Pollution (Aug-20, 03:00 EDT )-- Frito Lay has been selling its Sun Chips in a new bag that can be composted. It spent years developing environmentally-friendly packaging. But there's a problem: The bag is noisy. A Frito Lay spokesman says the loud crumple comes from a new polymer.
Glaxo’s Summary of a Hearing on Avandia Is Challenged (Aug-20, 01:00 EDT )-- A federal official and some F.D.A. panel members are taking issue with the contents of a letter about a drug trial at the heart of controversies over the heart risks of the diabetes drug.
Report: American Airlines Faces Record Penalty (Aug-20, 00:36 EDT )-- The Wall Street Journal reports the Federal Aviation Administration is preparing to hit the airline with a penalty of $25 million or more for maintenance lapses that led to thousands of canceled flights in 2008.
'Pop-Up' Restaurants: Where The Foodies Flock (Aug-19, 23:42 EDT )-- One of the toughest dinner reservations in Los Angeles this summer is at a tiny café in a dingy corner of the fashion district. But the hot-spot will shut down in a few weeks. That's because LudoBites is what's known as a "pop-up" restaurant.
The Big Banking Overhaul Most People Haven't Heard Of (Aug-19, 23:00 EDT )-- There's another body that's writing rules for the financial system, and it's just as important as Congress. But it gets much less attention. The Basel Committee meets in Switzerland to decide things like how much money banks must keep on reserve.
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