AP Breaking News
The latest breaking business, global, and technology news from the Associated Press
Lt. gov. to travel to Mideast to plug Mich. water
November 11, 2009, 12:11PM ET
Lt. Gov. John Cherry is heading to the Mideast to lure businesses with Michigan's abundant water.
Sprint shares slip after S&P warning
November 11, 2009, 12:04PM ET
Shares of Sprint Nextel Corp. slipped Wednesday as Standard & Poor's warned it may cut the wireless provider's credit rating based on the its "weak" performance this year.
Investments alone likely won't save pension system
November 11, 2009, 12:02PM ET
Higher returns alone likely aren't enough to save Montana's beleaguered pension system, the state's investment director said.
EU fines plastics cartel euro173 million
November 11, 2009, 12:01PM ET
EU regulators on Wednesday jointly fined Akzo, Ciba, Elf Aquitaine and seven others euro173 million for fixing the price of plastic additives.
UN: 200 million kids have stunted growth
November 11, 2009, 11:53AM ET
Nearly 200 million children in poor countries have stunted growth because they don't get enough to eat, according to a new report published Wednesday by UNICEF.
Span-America board raises quarterly dividend
November 11, 2009, 11:49AM ET
Medical supplies company Span-America Medical Systems Inc. said Wednesday its board of directors approved an 11 percent increase in the company's quarterly dividend to 10 cents.
AP's Davis wins Dirksen Award for bailout coverage
November 11, 2009, 11:49AM ET
Julie Hirschfeld Davis, who covers Capitol Hill for The Associated Press, has won the National Press Foundation's 2009 Everett McKinley Dirksen Award for Distinguished Coverage of Congress by a print reporter.
World markets up again amid ongoing optimism
November 11, 2009, 11:48AM ET
World stock markets rose Wednesday as investor appetite for riskier assets such as shares and commodities remained strong, pushing many indexes up towards their highest levels this year.
ABC's 'Eastwick,' bewitched by low ratings, axed
November 11, 2009, 11:46AM ET
ABC says its new fall drama "Eastwick" won't be on the air beyond its first 13 episodes.
Detroit Schools' budget deficit cut by about $87M
November 11, 2009, 11:46AM ET
An audit shows Detroit Public Schools has cut its budget deficit by nearly $87 million.
North Dakota's pea, lentil crops to set records
November 11, 2009, 11:43AM ET
North Dakota's dry pea and lentil crops are expected to set records this year.
Former Continental mgr to head VW electric drives
November 11, 2009, 11:42AM ET
German carmaker Volkswagen AG's supervisory board said Wednesday that Karl-Thomas Neumann, the former chief executive of German tire and car parts maker Continental AG, will head the automaker's electric drives division starting December 1.
Major Pittsburgh-based law firm cutting salaries
November 11, 2009, 11:40AM ET
The Pittsburgh-based law firm Reed Smith is delaying hiring new attorneys, who will see their entry-level salaries cut by nearly 20 percent when they join the firm in January.
Schools shun Kindle, saying blind can't use it
November 11, 2009, 11:37AM ET
Amazon's Kindle can read books aloud, but if you're blind it can be difficult to turn that function on without help. Now two universities say they will shun the device until Amazon changes the setup.
Pirate risk forges unlikely high seas alliances
November 11, 2009, 11:36AM ET
World powers including the U.S., Russia and China are teaming up at sea to tackle the pirates plaguing Somalia's lawless coast, as a sharp increase in attacks has forced nations who may be rivals on land to make unlikely alliances.
Maine man nominated to head northern border panel
November 11, 2009, 11:35AM ET
A Maine man has been nominated to become the federal co-chairperson of a commission that aims to create jobs and boost the economy in the northern reaches of Maine, New Hampshire, Vermont and New York.
Nevada tourism launches new winter ad campaign
November 11, 2009, 11:32AM ET
The Nevada Commission on Tourism has launched a new winter ad campaign it hopes will lure winter enthusiasts to northern Nevada and the ski slopes around Lake Tahoe.
Nev. budget head: No decision on special session
November 11, 2009, 11:30AM ET
Nevada Budget Director Andrew Clinger says any decision on whether a special legislative session is needed to balance the state's books won't be made until the end of the month, at the earliest.
Swift Energy raises note offering to $225M
November 11, 2009, 11:27AM ET
Swift Energy Co. on Wednesday raised the size of its public offering of senior notes to $225 million from $200 million.
FDA approves camelina as cattle feed supplement
November 11, 2009, 11:26AM ET
Camelina companies say federal officials have approved the use of meal from the biofuels crop as a 10 percent supplement in cattle feed -- a development that could boost the prospects for Montana's fledgling camelina industry.
