Heinz 2Q Profit Falls, But Sales Improve H.J. Heinz Co.’s second-quarter profit dropped 16 percent from last year, when the company’s results were boosted by currency shifts. Staff, AP NEWS - 6 minutes ago
CAPITAL CULTURE: 60 Years of WH Meals for India In the history of U.S.-India relations, there’s been plenty of broken bread and even a few crumbled Triscuits. Darlene Superville, AP NEWS - 7 minutes ago
Jennifer Hudson to Headline State Dinner It’ll be a dreamy entertainment lineup for the first state dinner of the Obama White House: singer Jennifer Hudson is set to perform Tuesday night. Staff, AP NEWS - 10 minutes ago
GlaxoSmithKline Pulls Swine Flu Vaccines in Canada Canadian doctors have been advised not to use a batch of 170,000 swine flu vaccines after six reports of serious allergic reactions among recipients, but there are no similar reports from other countries, pharmaceuticals company GlaxoSmithKline PLC said Tuesday. Meera Selva, AP NEWS - 13 minutes ago
Hormel 4Q Profit Rises 50 Percent, But Sales Slip Hormel Foods said Tuesday its fourth-quarter profit rose more than 50 percent, helped by lower ingredient costs even as sales slipped on lower meat prices and a continuing pullback in consumer spending on pricier items like microwave meals. Emily Fredrix, AP NEWS - 13 minutes ago
Obama Welcomes Indian PM at Start of State Visit President Barack Obama showered praise on India and Prime Minister Manmohan Singh in an elaborate welcoming ceremony Tuesday, declaring it was only fitting the Indian leader should be the first state visitor of his administration. Foster Klug, AP NEWS - 14 minutes ago
UN: HIV Outbreak Peaked in 1996 The number of people worldwide infected with the virus that causes AIDS — about 33 million — has remained virtually unchanged for the last two years, United Nations experts said Tuesday. Maria Cheng, AP NEWS - 14 minutes ago
US Growth Downgrade Weighs on World Markets European and U.S. stock markets fell Tuesday after the U.S. government said the U.S. economy did not grow as fast in the third quarter as previously estimated, stoking fears that the recovery in the world’s largest economy will be slow. Pan Pylas, AP NEWS - 15 minutes ago
Reports on Consumer Confidence, GDP Tug on Stocks A lackluster report on consumer confidence is adding to the market’s uneasiness about the economy. Stephen Bernard and Sara Lepro, AP NEWS - 15 minutes ago
FCC Chairman to Visit Ark., Talk About Broadband The head of the Federal Communications Commission plans to address students at the University of Arkansas Clinton School of Public Service on efforts to increase broadband Internet access across the country. Staff, AP NEWS - 17 minutes ago
China Executes 2 for Role in Tainted Milk Scandal China executed a dairy farmer and a milk salesman Tuesday, the only two people sentenced to death in a scheme to water down infant formula with an industrial chemical that left at least six children dead and sickened more than 300,000. Christopher Bodeen, AP NEWS - 18 minutes ago
Icebergs Head From Antarctica for New Zealand Ships in the south Pacific Ocean have been alerted that hundreds of icebergs believed to have split off Antarctic ice shelves are drifting north toward New Zealand, officials said Tuesday. Ray Lilley, AP NEWS - 18 minutes ago
Consumer Confidence Improves Slightly in November Americans' confidence in the economy improved slightly in November from October, but shoppers remain gloomy heading into the traditional start of the holiday shopping season amid a weak job market, according to a monthly survey. Anne D'Innocenzio, AP NEWS - 18 minutes ago
Goodbye Jobs, Hello Mom and Dad, Say Young Adults Faced with limited job options, many young adults are turning to an old standby to weather the recession: moving back in with mom and dad. Hope Yen, AP NEWS - 18 minutes ago
Opposition Backs Australian Carbon Reduction Bill Australia’s opposition leader Tuesday pledged his party’s support for contentious legislation proposed by the government aimed at curbing the country’s greenhouse gas emissions. Rod McGuirk, AP NEWS - 19 minutes ago
Muslim Pilgrims Converge in Saudi City for Hajj An estimated 2.5 million Muslims have converged on Mecca for the annual hajj pilgrimage, as workers toil round the clock to complete construction projects designed to avoid deadly stampedes. Afp, AFP GLOBAL EDITION - 19 minutes ago
White House: Obama Afghan Decision ‘Within Days’ The White House braced for a tough sell of President Barack Obama’s long-awaited decision on whether to commit tens of thousands of new U.S. forces to the stalemated war in Afghanistan. Anne Gearan and Jennifer Loven, AP NEWS - 22 minutes ago
Court: NY Can Seize Property for New NJ Nets Arena New York’s top court says the state can use eminent domain to force homeowners and businesses to sell their properties for a massive development in Brooklyn that includes a new arena for the New Jersey Nets. Staff, AP NEWS - 23 minutes ago
Green Mountain Sweetens Bid for Diedrich Coffee Green Mountain Coffee Roasters has raised its offer by $2 per share for Diedrich Coffee, matching a rival bid from Peet’s Coffee & Tea. Staff, AP NEWS - 25 minutes ago
German Santas Brush Up for Jobs A Munich school and job centre gets Santa Clauses ready for the Christmas rush. Reuters Video, REUTERS NEWS VIDEO - 27 minutes ago
Banks Earn $2.8B in 3Q; Insurance Fund in the Red Banks earned $2.8 billion in the third quarter, but loan balances plummeted and the fund that insures their deposits was $8.2 billion in the red. Daniel Wagner, AP NEWS - 29 minutes ago
HP Profit Jumps on Cost Cuts, New Market Expansion Hewlett-Packard Co.’s cost-cutting and push into new markets is helping soften the blow from weakness in the company’s mainstay businesses. Jordan Robertson, AP NEWS - 30 minutes ago
Windstream to Buy Iowa Telecom for $1.1 Billion Phone company Windstream is buying Iowa Telecommunications Services for $1.1 billion in cash and stock. The Associated Press, AP NEWS - 33 minutes ago
US Airways Defers Delivery of 54 Aircraft US Airways is delaying delivery of 54 Airbus jets until at least 2013 as it tries to bolster its financial strength. Staff, AP NEWS - 35 minutes ago
NYC Boy Missing for 11 Days Lived in Subways The mother of a 13-year-old boy with Asperger’s syndrome who was missing in New York City for 11 days says her son spent the entire time in the subway system. Staff, AP NEWS - 42 minutes ago
Former Thai Prime Minister Samak Sundaravej Dies Samak Sundaravej, a firebrand right-wing politician and TV cooking show host who served a brief and tumultuous term last year as Thailand’s prime minister, died of cancer Tuesday. He was 74. D. Gray, AP NEWS - 42 minutes ago
Iraq Elections Face Delay Iraq cannot hold a national vote scheduled for January on time, Iraq’s election panel said Tuesday, even as a vice president signaled he would again veto an election law in a dispute whose roots lie in Iraq’s ethnic and sectarian divisions. Christopher Torchia, AP NEWS - 53 minutes ago
New Dad-In-Space: Focusing on Shuttle Job Easy NASA’s new dad in space, shuttle astronaut Randolph Bresnik, said Tuesday he had no problems focusing on his job while awaiting his daughter’s birth. Marcia Dunn, AP NEWS - 55 minutes ago
Prostitute Claims Berlusconi Offered Help With Inn The prostitute at the center of Premier Silvio Berlusconi’s sex scandal claims in a new book that she slept with him on the understanding he would help her set up a countryside inn but she got “nothing” in return. Staff, AP NEWS - 58 minutes ago
Home Prices Rise for 4th Month in a Row Home prices rose slightly in September, the fourth straight monthly increase and a clear sign the housing market recovery is continuing. Alan Zibel, AP NEWS - 61 minutes ago
NC Dad Defends Letting Mom Take Girl Later Slain The father of a North Carolina girl who was kidnapped and killed said Tuesday he made the best decision he could at the time when he let her live with her mother, who has since been charged with prostituting the child. Staff, AP NEWS - 62 minutes ago
Barnes & Noble Reports 2Q Loss, Cuts Guidance Barnes & Noble on Tuesday posted a loss in the fiscal second quarter and lowered its guidance due to expected weak holiday sales and higher-than-expected costs to ramp up production of its electronic book reader, the Nook. Staff, AP NEWS - 65 minutes ago
6.8-Magnitude Underwater Quake off Tonga A 6.8-magnitude earthquake struck off the Pacific island nation of Tonga, sending panicked residents into the streets at night, but there were no immediate reports of damage or injuries. Staff, AP NEWS - 67 minutes ago
India Probe Blames Mosque Attack on Hindu Leaders A government investigation released Tuesday reportedly implicated dozens of Hindu nationalist politicians — including a former prime minister — in the 1992 demolition of a mosque that sparked deadly communal riots. Ravi Nessman, AP NEWS - 68 minutes ago
Ahead of the Bell: Analog Devices Shares of Analog Devices Inc. rose Tuesday after the chip maker forecast a 20 percent increase in revenue for the first quarter and higher-than-expected earnings as the economy gradually recovers. Staff, AP NEWS - 70 minutes ago
Borders Group Reports Smaller 3rd-Quarter Loss Borders Group says it lost money for the third straight quarter as sales at its bookstores continued to decline, but the loss was smaller than a year ago. Staff, AP NEWS - 72 minutes ago
Ahead of the Bell: Kinder Morgan Upgraded News of Kinder Morgan Energy Partners LP’s better-than-expected 2010 dividend estimate prompted an analyst to upgrade his rating for the energy transportation and storage company on Tuesday. Staff, AP NEWS - 73 minutes ago
Feds Praise Man Facing Prison in Corruption Case Federal prosecutors are recommending a maximum prison sentence of 11 months for a sludge-company representative who exposed corruption in Detroit government. Staff, AP NEWS - 73 minutes ago
Stock Futures Little Changed Ahead of Open Stock futures are pointing to a mixed opening Tuesday after a new report showed the economy grew at a slower pace in the third quarter than first anticipated. Stephen Bernard, AP NEWS - 76 minutes ago
Ahead of the Bell: Brocade Dips on Slower 1Q Sales Shares of Brocade Communications Systems Inc. fell Tuesday after the company said revenue for the first quarter won’t be as strong as past quarters and an overall rebound isn’t expected until the back end of the fiscal year. Staff, AP NEWS - 77 minutes ago
Judge Unblocks $583,000 Pontiac Silverdome Sale A judge has cleared the way for a Canadian company to pay $583,000 for the Pontiac Silverdome, built for $55.7 million in 1975 to house the NFL’s Detroit Lions. Staff, AP NEWS - 77 minutes ago
Australian PM Urges Parliament to Approve Carbon Cuts Australian Prime Minister Kevin Rudd urged parliament Tuesday to approve legislation aiming to slash carbon pollution by up to 25 percent by 2020 ahead of next month’s global talks on climate change. Afp, AFP GLOBAL EDITION - 79 minutes ago
New Norway Power Plant Uses Salt to Make Electricity Norway unveiled the world’s first osmotic power plant on Tuesday, harnessing the energy-unleashing encounter of freshwater and seawater to make clean electricity. Afp, AFP GLOBAL EDITION - 79 minutes ago
Britain Begins Long-Awaited Iraq War Probe A long-awaited public inquiry into Britain’s role in the Iraq war opened on Tuesday, as its chairman vowed not to “shy away from criticism” of individuals or institutions over the controversial conflict. Afp, AFP GLOBAL EDITION - 79 minutes ago
US Ponders Climate Talks Target The United States is to announce concrete targets for cutting greenhouse gas emissions as pressure mounts on polluters to find a formula for success two weeks ahead of a crucial climate summit. Afp, AFP GLOBAL EDITION - 79 minutes ago
Medvedev Orders Probe of Lawyer’s Prison Death President Dmitry Medvedev has ordered a probe of the death in prison of a lawyer who represented an investment firm involved in a tax investigation, Russian news agencies said Tuesday. Afp, AFP GLOBAL EDITION - 79 minutes ago
DR.Congo War Crimes Trial Starts at The Hague Two Congolese militiamen pleaded not guilty on Tuesday when they were accused of planning to wipe out an entire village as their men killed civilians, raped women and enslaved child soldiers. Afp, AFP GLOBAL EDITION - 79 minutes ago
Oil Tanker Attacked by Pirates off W.Africa: Benin Pirates attacked an oil tanker off the coast of west Africa, killing a Ukrainian seaman, the commander of Benin’s naval forces told AFP Tuesday. Afp, AFP GLOBAL EDITION - 79 minutes ago
Khmer Rouge Prosecutors Seek Jail Term for Duch Prosecutors called on Tuesday for the former Khmer Rouge prison chief to get a lengthy jail term, saying he embodied the ruthless efficiency of the regime behind the “Killing Fields” atrocities. Afp, AFP GLOBAL EDITION - 79 minutes ago
Mosque Attack Probe Implicates Top Indian Leaders An Indian inquiry into the 1992 demolition of a mosque which triggered religious riots that left around 2,000 dead has implicated top opposition leaders, including a former premier. Afp, AFP GLOBAL EDITION - 79 minutes ago
‘World’s Biggest Animal Sacrifice’ Held in Nepal Up to a million Hindu devotees gathered on Tuesday at a village in Nepal to witness the slaughter of hundreds of thousands of animals in a mass sacrifice that has drawn widespread criticism. Afp, AFP GLOBAL EDITION - 79 minutes ago
VW’s Slovak Plant to Create 8,500 Jobs German car giant Volkswagen said Tuesday the production of a new line of small family cars in its Slovak plant would create 1,500 direct and 7,000 indirect jobs as of 2011. Afp, AFP GLOBAL EDITION - 79 minutes ago
South African Economy Returns to Growth The battered South African economy, pulled along by the global rebound, staged a sharp recovery in the third quarter when economic momentum expanded 0.9 percent, official data showed on Tuesday. Afp, AFP GLOBAL EDITION - 79 minutes ago
Trials Showed Vioxx Risk Years Before Withdrawal: Study The risks of taking anti-inflammatory drug Vioxx could have been detected nearly four years before the drug was pulled from the market, according to analysis of nearly 30 clinical trials. Afp, AFP AMERICAN EDITION - 79 minutes ago
Ex-Spy, Submarines, Dubai Co. Part of Fla. Lawsuit Former French intelligence officer Herve Jaubert believed he was essentially being held captive in Dubai when his passport was confiscated by authorities amid a dispute with his employer, a powerful government-run conglomerate. He claimed he was threatened with torture and worried each day he would be arrested. Curt Anderson, AP NEWS - 80 minutes ago
Afghan AG’s Office Says 15 Ministers Being Probed Fifteen current and former Afghan ministers are under investigation over allegations of corruption that have plagued the government of President Hamid Karzai, the attorney general’s office said Tuesday. Rahim Faiez, AP NEWS - 80 minutes ago
Ex-NY Politician’s Corruption Trial Wrapping Up The corruption case of former New York Senate Republican leader Joseph Bruno has gone to the jury, which will decide whether he used his power to line his pockets and deprive New Yorkers of honest government. Michael Virtanen, AP NEWS - 81 minutes ago
Economy’s Rebound Not as Strong as First Thought The economy grew at a 2.8 percent pace last quarter, as the recovery got off to a slower start than first thought. Jeannine Aversa, AP NEWS - 82 minutes ago
Report: ‘Cathouse’ Star Stabbed, Slashed, Shot A preliminary autopsy report for a prostitute featured on the HBO reality series “Cathouse” shows that she was shot, stabbed and slashed multiple times. Staff, AP NEWS - 82 minutes ago
Attorney: Gosselin Divorce Could Be Finalized Soon Jon Gosselin offered his estranged wife a bouquet of red roses at their divorce arbitration hearing over the weekend. She evidently turned them down. Despite the snub, the marathon session went so well that the feuding stars of “Jon & Kate Plus 8” could be divorced by the end of the year, his attorney said Monday. Michael Rubinkam, AP NEWS - 84 minutes ago
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