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Belarus to build nuclear power plant

December 1, 2006, 5:25PM EST
Belarus plans to build a nuclear power plant to reduce its dependence on energy imports, President Alexander Lukashenko said Friday.

Utilities dropping price of natural gas

December 1, 2006, 5:24PM EST
Friday brought good, if unusual, news to 1.5 million natural gas customers in eastern Pennsylvania: They will pay less for fuel this winter.

Plosser: Inflation still a big worry

December 1, 2006, 5:20PM EST
Federal Reserve Bank of Philadelphia President Charles Plosser on Friday said getting inflation lower remains the key goal of the central bank, and cautioned markets from reading too much into a worrisome manufacturing report released earlier in the day.

NOAA advises on Northwest dams

December 1, 2006, 5:19PM EST
The Federal Energy Regulatory Commission should consider removing all four hydroelectric dams on the Klamath River in the Northwest to help struggling salmon, according to the federal agency in charge of restoring salmon runs.

NOAA wants removal of dams considered

December 1, 2006, 5:17PM EST
The Federal Energy Regulatory Commission should analyze removing all four hydroelectric dams on the Klamath River to help struggling salmon, says the federal agency in charge of restoring their runs.

Norway sets commercial whaling quota

December 1, 2006, 5:14PM EST
Norway on Friday announced a quota of 1,052 minke whales for its widely protested commercial hunts in 2007, maintaining the sharp increase it allowed for this year.

MicroFinancial declares regular dividend

December 1, 2006, 5:13PM EST
Financial services provider MicroFinancial Inc. said Friday its board declared a regular quarterly dividend of 5 cents per share.

Lockheed, Boeing ink $1B rocket deal

December 1, 2006, 5:12PM EST
A $1.06 billion joint venture between Lockheed Martin Corp. and Boeing Co. finalized Friday to supply the U.S. government with launch services for rockets could result in layoffs, the companies said.

Fairchild says patent trial canceled

December 1, 2006, 5:12PM EST
Chip maker Fairchild Semiconductor International Inc. said Friday the jury trial for its lawsuit against analog integrated circuit maker Power Integrations Inc. was canceled by the court.

Retailer Claire's Stores eyes buyers

December 1, 2006, 5:10PM EST
Jewelry retailer Claire's Stores is considering whether to sell the company as part of an effort to boost shareholder value, it said Friday.

Alligator on menu at Chinese restaurant

December 1, 2006, 5:05PM EST
Even in anything-edible-goes-in-the-pot China, the Huifu Fine-food Restaurant is drawing attention with special menu offerings that include alligator kebabs and soup -- complete with the endangered species' head and tail.

New CEO takes over at UnitedHealth

December 1, 2006, 5:01PM EST
A new chief executive took over at UnitedHealth Group Inc. on Friday, a day after former chief executive William McGuire left the nation's second largest health insurer amid questions about the backdating of stock options.

Beasley Broadcast declares dividend

December 1, 2006, 4:58PM EST
Beasley Broadcast Group Inc., a large- and mid-size market radio broadcaster, said Friday its board declared a regular quarterly dividend of 6.25 cents.

Judge urges Coca-Cola on diversity

December 1, 2006, 4:57PM EST
A federal judge Friday encouraged The Coca-Cola Co. to maintain its commitment to diversity in the workplace after receiving the final report from a task force born from a $200 million discrimination settlement by the world's largest beverage maker.

Gazprom exec. slams EU energy plans

December 1, 2006, 4:53PM EST
A senior official with Russia's Gazprom gas monopoly said Friday that a pending European antitrust plan to split up energy conglomerates smacked of "communism."

NYSE to change trading license procedure

December 1, 2006, 4:48PM EST
The New York Stock Exchange said it will stop using an auction to set the prices for licenses to trade at the exchange and instead will charge a fixed $50,000 for each license sold for 2007.

Sector Wrap: No more stent surprises seen

December 1, 2006, 4:48PM EST
Drug-coated stent makers are confident a Food and Drug Administration advisory panel, convened to examine the safety of the devices, will turn up no new surprises next week.

WRIT sees '07 results below Street view

December 1, 2006, 4:46PM EST
Washington Real Estate Investment Trust on Friday affirmed its 2006 outlook but said it expects 2007 results to fall below Wall Street expectations.

Singer Buffett, merchant settle lawsuit

December 1, 2006, 4:44PM EST
Jimmy Buffett and a Galveston, Texas, merchant he accused of unlawfully using his trademark to sell goods at an online store have settled the matter -- but not before the merchant spent a few hours in jail.

NJ Natural Gas to refund $51.5 million

December 1, 2006, 4:40PM EST
Many customers of New Jersey Natural Gas will see refunds reflected on their December bills because the company's costs have gone down.

 
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