AP Breaking News

Associated Press The latest breaking business, global, and technology news from the Associated Press

Dollar keeps gaining as traders pare risk exposure

November 20, 2009, 4:59PM ET
The safe-haven dollar further strengthened Friday and Treasury yields hovered around their lows for the year as worries about the economy in 2010 diminished traders' appetites for risky bets.

Report: Hershey may launch bid for Cadbury

November 20, 2009, 4:52PM ET
The Wall Street Journal reports that Hershey Co. may make a $17 billion competing bid for UK candy company Cadbury.

Gold ekes out small gain, other metals hold steady

November 20, 2009, 4:52PM ET
Gold prices finished higher for a sixth straight day Friday, rising even as the dollar strengthened.

UC students occupy buildings to protest fee hike

November 20, 2009, 4:49PM ET
Students barricaded themselves inside buildings on University of California campuses to protest a 32 percent increase in student fees and budget cuts that have led to slashed programs and lost jobs.

Fitch raises rating outlook for Flowserve

November 20, 2009, 4:43PM ET
Fitch Ratings boosted its rating outlook for Flowserve Corp. on Friday citing the pump making and fluid handling company's low leverage, good operating performance and other factors.

Gephardt pushes for investment in health research

November 20, 2009, 4:42PM ET
Former U.S. Rep. Richard Gephardt pushed Friday for Iowa to expand its focus on public health, arguing the state has the medical infrastructure in place to make it a leader in the field.

Senators seek more info on dealer closures

November 20, 2009, 4:39PM ET
Senators are calling on General Motors and Chrysler to release more details on ongoing talks over the automakers' plans to close thousands of auto dealerships as part of their bankruptcies.

Flurry of IPOs signals IPO rebound to continue

November 20, 2009, 4:38PM ET
The flurry of initial public offerings this week is confirmation that this fall's rebound in the market wasn't a fluke and sets the stage for more companies to raise money through IPOs in 2010. But the response to two of the newly public companies shows that investors continue to be careful about where they place their bets.

Reid health bill helps chiropractors, drugmakers

November 20, 2009, 4:37PM ET
Chiropractors get a lift in the Senate health care bill, thanks to a senator from the state practitioners consider the birthplace of their profession -- Iowa.

AP changes roles for 6 news editors, 4 photo eds

November 20, 2009, 4:37PM ET
The Associated Press has named six news editors to oversee expanded multistate territories and has assigned four interim regional photo editors as part of a restructuring of U.S. news management to ensure the continuing strength of the news cooperative's state reports.

Holiday travelers waited longer to book this year

November 20, 2009, 4:30PM ET
Holiday travelers waited a little longer to book their flights this year, likely holding out for better deals and waiting to see if they would still have a job. And some aren't going at all.

Ky. court upholds $6M verdict in strip search case

November 20, 2009, 4:30PM ET

In the lawsuit, Ogborn said someone called the restaurant in Mount Washington impersonating a police officer and gave a description of a young, female employee, accusing her of stealing from a customer. The caller instructed an employee to strip search the woman, according to testimony.

UPS sets new rates for 2010

November 20, 2009, 4:29PM ET
UPS Inc., the world's largest shipping carrier, is hiking 2010 rates for ground packages by an average of 4.9 percent.

White House at odds with bishops over abortion

November 20, 2009, 4:29PM ET
The White House is on a collision course with Catholic bishops in an intractable dispute over abortion that could blow up the fragile political coalition behind President Barack Obama's health care overhaul.

Becton Dickinson buys test maker HandyLab

November 20, 2009, 4:28PM ET
Becton Dickinson and Co. said Friday it bought molecular diagnostic test maker HandyLab Inc. for $275 million.

Dollar and precious metals at a glance

November 20, 2009, 4:27PM ET

Business events scheduled for the coming week

November 20, 2009, 4:24PM ET
WASHINGTON -- National Association of Realtors releases existing home sales for September, 10 a.m.

Public to vote on South Dakota's smoking ban law

November 20, 2009, 4:24PM ET
The state has decided not to appeal a judge's decision that allows South Dakota's new smoking ban law to be referred to a public vote in the 2010 election.

Winfrey: Prayer, careful thought influenced exit

November 20, 2009, 4:21PM ET
Holding back tears, Oprah Winfrey told her studio audience Friday that she would end her show in 2011 after a quarter-century on the air, saying prayer and careful thought led her to her decision.

Colo. jobless rate dips to 6.9 percent in October

November 20, 2009, 4:20PM ET
A shrinking labor force and about 1,000 new jobs have helped put Colorado's latest seasonally adjusted unemployment rate for October at 6.9 percent, a slight decrease from the previous month, the state Department of Labor and Employment said Friday.

 
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