December 1, 2006, 2:05PM EST
The publisher of the Russian edition of Forbes delayed distribution of the December issue of the magazine in order to replace a headline on the cover story about the billionaire wife of Moscow's mayor.
December 1, 2006, 2:03PM EST
Vietnamese Prime Minister Nguyen Tan Dung has ordered tighter control over the press and vowed that the communist country will never privatize the media, according to a directive posted on government Web site Friday.
December 1, 2006, 1:59PM EST
Medical device maker Micrus Endovascular Corp. on Friday said it has acquired certain assets and business of privately-held catheter technology company VasCon LLC for about $5 million in cash and stock.
December 1, 2006, 1:57PM EST
Aksys Ltd., a supplier of hemodialysis products and services, said Friday it expects its shares to be delisted from the Nasdaq as its unable to meet continued listing standards.
December 1, 2006, 1:53PM EST
The president of the Federal Reserve Bank of Chicago said Friday that recent price data "have been consistent with some easing in inflation," but he reiterated that additional interest rate hikes may yet be necessary to contain inflationary pressure.
December 1, 2006, 1:45PM EST
Oppenheimer analyst Thomas Eagan reiterated his bullish rating for Sirius Satellite Radio Inc. after the broadcaster's CEO, Mel Karmazan, said his company may launch a video service by the end of 2007.
December 1, 2006, 1:43PM EST
The nation's biggest federally subsidized housing complex, a Brooklyn development called Spring Creek Towers, is up for sale, the owners have confirmed.
December 1, 2006, 1:41PM EST
Nutritional supplement company Mannatech Inc. said Friday an Australian marketing company has agreed not to distribute or sell products in Australia and New Zealand that infringe upon its patented technology.
December 1, 2006, 1:37PM EST
Five Star Quality Care Inc., an operator of nursing homes and assisted-living facilities, said Friday it terminated its seven remaining management agreements with Sunrise Senior Living Services Inc.
December 1, 2006, 1:36PM EST
Motorists should be charged for using highways in order to reduce congestion and pollution, a report commissioned by the British Treasury said Friday.
December 1, 2006, 1:31PM EST
The following companies showed unusually heavy volume in Friday afternoon trading on the New York Stock Exchange. Higher-than-normal volume can indicate increased activity by institutions such as mutual funds and insurance companies. Upward stock movement on such volume can show increased confidence among investors, while selling can signal pressure on a stock.
December 1, 2006, 1:30PM EST
China suspended flights at Shanghai's international airport for several hours Friday "to control air traffic volume," the city government said, refusing to elaborate.
December 1, 2006, 1:30PM EST
A top aide to Gov. Mitt Romney said Friday the Republican was unaware that several of the workers employed by a lawn care company hired to take care of the grounds at his suburban home were illegal immigrants.
December 1, 2006, 1:30PM EST
China is relaxing decades-old restrictions on foreign reporters, announcing new regulations Friday that will give foreign media greater freedom to travel and report in the run-up to the 2008 Beijing Olympics. Even as the rules were made public, however, a Chinese court affirmed a prison sentence for a Chinese reporter.
December 1, 2006, 1:19PM EST
Shares of oil and gas explorer and producer Goodrich Petroleum Corp. on Friday dropped more than 4 percent, after the company offered $125 million in notes to help pay down current debt.
December 1, 2006, 1:16PM EST
American Suzuki Motor Corp. on Friday said its November U.S. auto sales rose on demand for its biggest sport-utility vehicle and its smallest car.
December 1, 2006, 1:05PM EST
Shares of several e-commerce companies declined Friday, despite a positive industry report from a Cowen & Co. analyst, on investor concerns from data showing manufacturing activity slowed in November.
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
