Business Stories from August 17, 2012 (Change date)
-
Apple stock hits new high after 4-month dipAug 17, 2012 10:25 am - NEW YORK — Apple’s stock has hit a new high after a four-month swoon, as investors are looking ahead to the release of a new iPhone model, and possibly a smaller iPad. A...
-
Feds checking Nissan Versa air bag problemAug 17, 2012 10:25 am - DETROIT — U.S. safety regulators are investigating the Nissan Versa subcompact car because an air bag may fail to inflate in crashes. The probe affects about 100,000 Ver...
-
Treasury changes Fannie and Freddie bailout dealAug 17, 2012 10:00 am - WASHINGTON — The government is changing the terms of its bailout agreement with Fannie Mae and Freddie Mac in a way that will shrink the holdings of the two mortgage gia...
-
Caterpillar to idle East Peoria plant for weekAug 17, 2012 9:35 am - EAST PEORIA — Peoria-based Caterpillar Inc. is planning a temporary layoff at its East Peoria plant later this year. The (Peoria) Journal Star reports that Caterpillar p...
-
Stalemate: Assange still stuck in embassyAug 17, 2012 9:24 am - LONDON — The furor over WikiLeaks founder Julian Assange’s future entered stalemate mode Friday as he remained holed up in Ecuador’s London embassy, his home for nearly ...
-
Ecuador leader seeks moral halo in Assange asylum fightAug 17, 2012 9:13 am - LIMA, Peru — An economist schooled in the United States and Belgium, Rafael Correa was judged among the more cerebral of Latin America’s new breed of leftist leaders wel...
-
Kenny the Clown had late Steve Jobs’ stolen iPadAug 17, 2012 9:00 am - PALO ALTO, Calif. — Imagine the potential treasures inside the stolen iPad of the late Steve Jobs: Secret corporate documents, personal correspondence and maybe even gam...
-
South Africa police kill 34 miners, wound 78Aug 17, 2012 9:00 am - JOHANNESBURG — Frantic wives searched for missing loved ones, President Jacob Zuma rushed home from a regional summit and some miners vowed a fight to the death Friday a...
-
Gap’s 2Q profit up 29 percentAug 17, 2012 6:54 am - NEW YORK — Gap Inc. reported a 29 percent increase in second-quarter net income, evidence the fashion retailer’s moves to liven up its clothing with brightly colored tre...
-
Justice Dept approves Verizon-cable dealsAug 17, 2012 6:44 am - WASHINGTON — The Justice Department on Thursday approved Verizon Wireless’ $3.9 billion purchase of wireless spectrum from four of the nation’s largest cable companies b...