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Goodyear Will Shut Down Philippines Plant

Posted: 07/17/2009 - Goodyear Tire & Rubber Co. plans to close its tire plant in the Philippines by Sept. 30 as it trims production capacity. About 500 jobs will be eliminated.

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Feds: Learjet Should Change Design After SC Crash

Posted: 07/17/2009 - Federal regulators say changes should be made to the type of plane that ran off the end of a South Carolina runway last fall, killing four and injuring celebrity DJ AM and former Blink-182 drummer Travis Barker.

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AP Source: Unions OK Drop Of 'Card Check' In Bill

Posted: 07/17/2009 - Labor leaders and Senate Democrats are nearing a deal on a union organizing bill that would allow employers to still demand secret ballot elections before having to recognize a union.

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June Housing Construction Rises Unexpectedly

Posted: 07/17/2009 - Construction of new U.S. homes rose in June to the highest level in seven months, a sign builders are starting to regain confidence as they emerge from the housing bust.

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No-Bid Contracts Mean Higher Costs

Posted: 07/17/2009 - An AP analysis shows the Defense Department frequently awards no-bid work to small contractors under the new economic stimulus law, costing more than competitive bidding would.

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Geithner Cites "Durable" Signs Of Stability, Recovery

Posted: 07/16/2009 - Treasury Secretary Timothy Geithner says he's seeing "durable, very important signs" of recovery in the financial system. At the same time, he's warning against repeating the mistakes of the 1930s and withdrawing stimulus too soon.

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McGraw-Hill Cuts 550 Jobs, 2.5% Of Work Force

Posted: 07/16/2009 - McGraw-Hill Cos., hit by declines in its education, financial services and media properties, said Thursday it has cut 550 jobs, or roughly 2.5% of its work force.

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AIG Speeds Up Spinoff Of Life Insurance Unit

Posted: 07/15/2009 - American International Group Inc. says it is speeding up its plans to spin off its American Life Insurance Co. unit as an independent public company.

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Apple Disables iTunes Sync Feature On Palm Pre

Posted: 07/15/2009 - Apple Inc. has shut down one of the most compelling features on Palm Inc.'s rival Pre smart phone. Apple has crippled the Pre's ability to act like an iPod.

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GM Combines Research, Product Teams In Makeover

Posted: 07/15/2009 - The new General Motors Co. began changing its executive ranks and streamlining its management structure Wednesday, announcing the departure of several top officials.

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Fidelity Holders Reject 'Genocide-Free' Proposal

Posted: 07/15/2009 - Shareholders at four Fidelity Investments mutual funds have rejected a measure that seeks to screen out investments possibly linked to genocide in international hot spots like Sudan's Darfur region.

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Air Canada Reaches Deal With Mechanics Union

Posted: 07/15/2009 - The largest union at Air Canada has approved a 21-month labor contract, considered a critical factor in keeping the airline out of bankruptcy court.

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