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Sumner Defends Obama On Economy

Posted: 08/02/2009 - A top White House adviser is defending President Barack Obama's approach to reviving the economy and says the new administration inherited a situation far worse than anyone understood.

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Wichita Coca Cola Bottling Plant To Close

Updated: 10/04/2010 - Wichita Coca Cola Bottling Company handed out 60 day layoff notices to 41 employees Thursday, one of the laid off employees confirmed.

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FDA Cites Teva For Problems At Animal Drug Plant

Posted: 07/31/2009 - Federal health regulators say a unit of Teva Pharmaceuticals will be barred from making or distributing veterinary drugs due to manufacturing problems at one of its plants.

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eBay Working On Alternative Software For Skype

Updated: 07/31/2009 - eBay Inc. is developing software it might use to continue running the online telecommunications service Skype if it cannot resolve a legal dispute with a separate company run by the service's founders.

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Anti-Wal-Mart Groups Merge

Wal-Mart

Posted: 07/31/2009 - Two union-backed groups that have spent years criticizing Wal-Mart Stores Inc.'s wages and benefits say they're going to merge.

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SEC Trying To Rein In Receiver In Stanford Case

Posted: 07/31/2009 - The receiver appointed by the courts to take over the companies run by Texas financier R. Allen Stanford is meeting resistance in his efforts to recover money the government says went missing in a Ponzi scheme.

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EPA Orders Changes To Mo. Lead Cleanup

Posted: 07/31/2009 - The U.S. Environmental Protection Agency has ordered The Doe Run Co. to change the way it's cleaning up mine tailings in the eastern Missouri town of Leadwood.

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FDA Approves New Diabetes Drug Onglyza

Posted: 07/31/2009 - Federal health regulators have approved a potential blockbuster diabetes drug from Bristol-Myers Squibb and partner Astrazeneca.

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House Votes To Restrict Wall Street Pay

Posted: 07/31/2009 - The House has voted to restrict how Wall Street executives get paid after nine banks that took government aid rewarded thousands of their employees with bonuses topping $1 million each.

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Tokyo Company Buys P&G Business

Posted: 07/31/2009 - The Procter & Gamble Co. has sold Japanese market rights for its osteoporosis treatment to Ajinomoto Co. for $210 million.

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Preliminary Bids For Boston Globe

Posted: 07/31/2009 - The Boston Globe is reporting that two Boston groups have submitted preliminary bids to buy the newspaper.

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YRC Worldwide Posts Huge 2Q Loss As Demand Drops

Posted: 07/31/2009 - YRC Worldwide posts a huge second-quarter loss as customers defected amid bankruptcy rumors and the recession continued to depress shipping demand overall.

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Employment Costs 1.8 Percent In Past 12 Months

Posted: 07/31/2009 - Employment compensation for U.S. workers has grown over the past 12 months by the lowest amount on record, reflecting the severe recession that has gripped the country.

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Banks Edge Up Borrowing From Fed Emergency Program

Posted: 07/30/2009 - Banks nudged up borrowing from the Federal Reserve's emergency lending facility over the past week, but cut back on other programs designed to ease the financial crisis. The overall picture, though, still suggests some credit stresses are easing.

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Southwest Makes Bid To Buy Frontier Airlines

Posted: 07/30/2009 - Discount carrier Southwest Airlines Co. makes a bid to acquire Frontier Airlines Holdings Inc., which is operating under bankruptcy protection.

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