December 1, 2006, 6:18PM EST
For the first time in almost four years, the nation's manufacturing sector has shrunk, and its fall is firing warning flares for the job market, economists said on Friday.
December 1, 2006, 6:17PM EST
In a topsy-turvy week for the markets, takeover rumors, buyout deals and major investments in companies were again among the main drivers for the stocks that saw the most unusual activity this week.
December 1, 2006, 6:16PM EST
JLG Industries Inc., a maker of boom lifts and stock movers, said Friday it has received a contract extension worth $23.7 million from the U.S. Army.
December 1, 2006, 6:12PM EST
A Brunei prince on Friday sued a British husband-and-wife team that acted as his legal advisers, claiming they were little more than con artists who misappropriated millions of dollars.
December 1, 2006, 6:00PM EST
In a Nov. 27 story about Trubion Pharmaceuticals Inc. shares rising on analyst sentiment, The Associated Press erroneously referred to a patent challenge by Trubion against Genentech Inc. as litigation.
December 1, 2006, 5:51PM EST
The Missile Defense Agency said Friday it awarded a contract modification worth up to $29 million to a unit of Northrop Grumman Corp.
December 1, 2006, 5:51PM EST
ExpressJet Holdings Inc., a feeder carrier for Continental Airlines, Friday said traffic in November rose 7.9 percent as capacity and occupancy both posted gains.
December 1, 2006, 5:49PM EST
Insurance company Assurant Inc. said Friday it will buy a unit of Service Corp. International for $65 million in cash, and is also extending its distribution partnership with the company for three more years.
December 1, 2006, 5:43PM EST
Worldwide semiconductor sales surged to $21.9 billion in October, boosted by holiday-quarter demand for PCs, cell phones, music players and other gadgets, an industry group reported Friday.
December 1, 2006, 5:37PM EST
Carbo Ceramics Inc., a maker of ceramic beads used by oil and gas wells operators, said Friday that construction of a Russian manufacturing facility will be delayed following a disagreement with a local contractor.
December 1, 2006, 5:35PM EST
A beer distributor says Maine is being a Scrooge by barring it from selling a beer with a label depicting Santa Claus enjoying a pint of brew.
December 1, 2006, 5:33PM EST
Richard Williams falsely represented himself as having authority to commit his daughters Venus and Serena to play in a "Battle of the Sexes" match, a promoter suing them all testified Friday.
December 1, 2006, 5:32PM EST
Asarco Inc. has not met timetables for cleanup of its defunct upper Blackfoot River mining complex and will now face stricter standards from the state to ensure the work is done, the state Board of Environmental Review decided Friday.
December 1, 2006, 5:30PM EST
CBOT Holdings Inc., which operates the Chicago Board of Trade, said Friday that the Justice Department requested additional information about its sale to rival Chicago Mercantile Exchange Holdings Inc.
Custom Configured Business Hosting Solutions
Rackspace offers fully managed dedicated servers on the Linux and Windows Platorm with a 100% Network Uptime Guarantee and 24/7 Fanatical Support. Learn more about our Hosting Solutions and how Rackspace can reduce your costs.
The latest breaking business, global, and technology news from the Associated Press
