WRAL.com - AP Business News
WRAL.com - AP Business News
UK budget due in 2 weeks, paving way for election
Posted: 10 Mar 2010 at 4:52am
British Prime Minister Gordon Brown said Wednesday that his government will lay out its budget plans on March 24, paving the way for a national election.
Feds to probe cause of runaway Prius in California
Posted: 9 Mar 2010 at 9:20pm
The government sent investigators Tuesday to examine a Prius that sped out of control on a California freeway, and Toyota said it wanted to interview the driver as the besieged automaker dealt with a high-profile new headache that raised questions about the safety of its beloved hybrid.
BA, American, Iberia to cede airport slots
Posted: 10 Mar 2010 at 5:14am
British Airways, American Airlines and Iberia have offered to give away takeoff and landing slots at London and New York airports to soothe European Union antitrust worries, EU regulators said Wednesday.
Nationalized UK bank Northern Rock back in profit
Posted: 10 Mar 2010 at 3:49am
Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell.
World stocks little changed as China exports surge
Posted: 10 Mar 2010 at 3:48am
World stock markets were little changed Wednesday even as surging Chinese exports pointed to a pickup in global trade.
China February exports jump 45.7 percent
Posted: 10 Mar 2010 at 12:55am
China's exports rose in February in a new sign of growing global demand that could help persuade officials to let the Chinese currency rise.
Soaring China home prices thwart ordinary buyers
Posted: 10 Mar 2010 at 12:46am
The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home purchases out of reach for white collar workers and professionals.
Obama pushing on health care end game
Posted: 10 Mar 2010 at 3:22am
President Barack Obama has chosen a suburban St. Louis high school to make his closing argument for a health care overhaul, pushing a new anti-fraud plan as he cranks up the pressure on skittish Democratic lawmakers to act fast.
Senate to pass jobless aid, business tax breaks
Posted: 10 Mar 2010 at 3:20am
Legislation blending help for the jobless with popular tax breaks for businesses and individuals is slated to pass the Senate Wednesday over protests from conservatives who say it adds too much to the $12.5 trillion national debt.
Oil drifts near $81 amid mixed US inventory data
Posted: 10 Mar 2010 at 4:08am
Oil prices drifted down to near $81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand.
