Business Stories from July 23, 2012 (Change date)
-
Cargill Beef recalls 30,000 pounds of ground beefJul 23, 2012 7:13 am - SCARBOROUGH, Maine — Hannaford Supermarkets is alerting consumers that Cargill Beef is voluntarily recalling 29,339 pounds of ground beef that may contain salmonella. Th...
-
UK hacking scandal spreads, 100-plus new claimsJul 23, 2012 6:40 am - LONDON — The police investigation spawned by last year’s phone hacking scandal has spread to new U.K. tabloids, with detectives now seeking information from the Trinity ...
-
Russia’s Aeroflot to suspend flights to DamascusJul 23, 2012 6:40 am - MOSCOW — Russia’s flagship airline Aeroflot says it is suspending flights to Syria’s capital Damascus next month. State-controlled Aeroflot has four flights to Damascus ...
-
Abu Dhabi’s Mubadala to drill for oil in ThailandJul 23, 2012 6:39 am - DUBAI, United Arab Emirates — Abu Dhabi’s state-backed Mubadala Petroleum says it and its partners plan to begin developing an oil field in the northern Gulf of Thailand...
-
Oil falls to near $89 amid Europe, China jittersJul 23, 2012 6:39 am - LONDON — The price of oil sank toward $89 a barrel Monday as a flare-up in Europe’s debt crisis and concern over Chinese economic growth suggested demand for crude will ...
-
Samsung, Google, Apple, World Digital: Intellectual PropertyJul 23, 2012 6:38 am - Procter & Gamble Co., the world’s largest consumer-products company, sued a manufacturer of private-label products for patent infringement. The suit, filed July 20 in fe...
-
BofA withdraws 9% of atms from malls, gas stations to cut costsJul 23, 2012 6:38 am - Bank of America Corp., the lender targeting $8 billion in expense cuts, reduced its automated teller network almost 9 percent this year by yanking most of the devices de...
-
Asia Pacific Breweries surges on Heineken bidJul 23, 2012 6:37 am - Asia Pacific Breweries Ltd. surged to a record in Singapore trading after Heineken NV, the world’s third-biggest brewer, offered as much as $6 billion for full control o...
-
Spanish bailout fears stalk marketsJul 23, 2012 6:34 am - LONDON — Growing fears that Spain will need to be bailed out hit markets hard Monday, sending stocks around the world sharply lower and the euro down to a fresh two-year...
-
Spain under more acute market pressureJul 23, 2012 6:34 am - MADRID — The financial pressure on recession-hit Spain ratcheted up further Monday to a level that saw other European countries need a financial bailout. The yield on Sp...