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FDA posts list of potential problem drugs, Ricardo Alonso-zaldivar

In an effort to improve communication with doctors and patients on prescription drug safety, the government Friday began posting a list of medications under investigation f...

Continental to charge $15 for 1st checked bag, David Koenig

Continental Airlines Inc. said Friday it is charging some coach customers $15 for a first checked bag, matching a similar fee imposed by most other major U.S. carriers....

Summary box: Google still feeling lucky at 10

HUMBLE START: Larry Page and Sergey Brin incorporated Google on Sept. 7, 1998, after unsuccessfully trying to sell their search engine for a couple of million dollars. They...

Google reigns as world's most powerful 10-year-old, Michael Liedtke

When Larry Page and Sergey Brin founded Google Inc. on Sept. 7, 1998, they had little more than their ingenuity, four computers and an investor's $100,000 bet on their beli...

Oil prices drop as jobs data add to demand worries, Madlen Read

Oil prices sank below $106 a barrel Friday as a jump in the U.S. unemployment rate signaled to traders that Americans might keep paring back their energy use to save money....

Stocks fall as jobs data stirs fear about economy, Tim Paradis

Wall Street slid for a second straight session Friday on news that the economy shed jobs for the eighth straight month in August and at a faster-than-expected pace.T...

Nokia warns 3Q market share will fall; shares dive, Matti Huuhtanen

Nokia Corp. warned Friday its third-quarter global market share will decline from second-quarter levels, sending its U.S. shares tumbling more than 10 percent.In Jul...

Home loan troubles break records again, Alan Zibel

A record 9 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis conti...

National Semi earnings down on tax rate

National Semiconductor Corp., which makes chips that regulate power and perform other functions in gadgets, reported Friday its first-quarter profit fell 7 percent from a y...

German industrial production fell in July

German industrial production fell 1.8 percent in July compartede with June, with the three main categories of output showing declines, the ministry of the economy said Frid...

Stocks open lower after disappointing job data, Tim Paradis

Selling swept across Wall Street for a second straight session Friday on news that the economy shed jobs for the eighth straight month in August and at a faster-than-expect...

Oil rebounds on dollar weakness, Pablo Gorondi

Oil prices slipped Friday but recovered from earlier lows as the dollar weakened against the euro and unemployment data deflated hopes of a late-year economic recovery in t...

Russia's MTS to sell Apple iPhone

Russia's number one cell operator MTS said Friday it has signed a deal with Apple Inc. to sell the iPhone in Russia.MTS, which becomes the last of the country's "big...

Greenspan: Don't use Fed as a 'magical piggy bank', Jeannine Aversa

Troubled by the Bear Stearns debacle, former Federal Reserve Chairman Alan Greenspan is advocating a new way of dealing with government bailouts of companies whose sudden c...

Stocks sink on jobs data; tech plummets, Tim Paradis

Wall Street fell sharply Friday after the government's much-anticipated employment report showed weaker-than-expected job growth and a rise in the unemployment rate. The Na...

Jobless rate jumps to 5-year high of 6.1 percent, Jeannine Aversa

The nation's unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled...

US stocks look to extend losses after job data, Joe Bel Bruno

Wall Street looked to extend its sharp decline Friday after the government disappointed investors with news that the economy shed jobs for the eighth straight month in Augu...

Nokia warns 3Q market share will fall

Nokia Corp. warned Friday its third-quarter global market share will decline from second-quarter levels, sending its U.S. shares tumbling more than 11 percent in premarket ...

World markets sink after Wall Street plunge, Louise Watt

World stock markets fell sharply Friday in the wake of a sell-off on Wall Street amid mounting concerns about a slumping U.S. economy and its impact on global growth.Report: Samsung working to acquire SanDisk

Samsung Electronics Co. is pursuing an acquisition of U.S. computer memory card maker SanDisk Corp., a South Korean online business newspaper reported Friday.Both Sa...

Assurant signs warranty accord with GE unit

Specialty insurer Assurant Inc. has agreed to acquire the warranty management business of General Electric Co.'s appliance and consumer electronics division.Under th...

Informa shares fall after it rejects takeover bid

Shares at Informa PLC, the London-based publisher of Lloyd's List maritime newspaper, fell almost 6 percent on Friday after the company rejected a reduced $3.4 billion take...

US stocks look to extend losses ahead of job data, Joe Bel Bruno

Wall Street looked to extend its losses on Friday, with investors worried that the government's August jobs report will indicate that the economy is in recession.Inv...

Oil falls ahead of OPEC meeting, Pablo Gorondi

Oil prices dropped below $107 a barrel Friday as the dollar continued to gain on the euro and investors waited to see if OPEC moves to restrict output next week amid a two-...

Asia, Europe markets sink after Wall Street plunge, Tomoko A. Hosaka

Asian stock markets plunged Friday in the wake of a sell-off on Wall Street amid mounting concerns about a slumping U.S. economy and its impact on global growth. European s...

Honda bringing back Insight nameplate for hybrid, Yuri Kageyama

Honda is bringing back the defunct Insight nameplate for a hybrid-only vehicle planned for the Japanese, European and North American markets early next year, as the automak...

AP Executive Morning Briefing

The top business news from The Associated Press for the morning of Friday, Sept. 5, 2008:Asian markets plunge after Wall Street sell-offTOKYO (AP) — Asian s...

Wet summer brings mushroom boom to Northeast, Michael Hill

There's a mushroom boom in the wet woods of the Northeast this summer.Hillsides bloom with black trumpets. Disc-shaped mushrooms called artist's conch sprout from tr...

Hanna heading toward US after blowing past Bahamas, Mike Melia

Tropical Storm Hanna was accelerating early Friday as it made its way toward the United States' southeast coast.The National Hurricane Center in Miami said only slig...

Asian markets plunge after Wall Street sell-off

Asian stock markets plunged Friday after more bad news on the U.S. economy, a vital export market, triggered a broad sell-off on Wall Street overnight.Disappointing ...

Oil steady in Asia ahead of OPEC meeting, Alex Kennedy

Oil prices were steady Friday in Asia below $108 a barrel as investors wait to see if OPEC moves to restrict output at its meeting next week amid a two-month plunge in pric...

Asian markets tumble after Wall Street sell-off

Asian stock markets plunged Friday after more bad news on the U.S. economy, a vital export market, triggered a broad sell-off on Wall Street overnight.Disappointing ...

Boeing, machinists union meet with mediator, Tim Klass

Representatives from Boeing Co. and the machinists union met with a federal mediator Thursday as the clock ticked on an unusual two-day contract extension after union produ...

Boeing, union in 48-hour contract overtime talks, Tim Klass

Representatives from Boeing Co. and the machinists union met with a federal mediator Thursday as the clock ticked on an unusual two-day contract extension after union produ...

Lloyd's of London push into emerging markets, Jane Wardell

Lloyd's of London, the world's biggest insurance market, signaled its intention to push its business in emerging markets in Asia and Latin America and oil rich countries in...

Oil falls $2 to 5-month low on economic gloom

* Dealers focus on soft oil demand, shrug Gustav impact * China slows fuel imports after Olympics * Traders await OPEC's decision next week (Updates prices, ...

Continental introduces $15 fee for 1st checked bag

NEW YORK (Reuters) - Continental Airlines Inc said Friday it will charge a $15 service fee for afirst checked bag for certain customers who buy economy-classtickets.WRAPUP 3-McCain and Obama clash on U.S. economy

* After conventions, focus back on economy * McCain and Obama hit campaign trail * Obama camp criticizes McCain speech By John Whitesides, Poli...

US STOCKS-Job woes, Nokia fallout hit Wall St

* U.S. data shows more labor market decline * Jobless rate jumps to nearly 5-year high * Nokia's warns on outlook for mobile phones * Dow off 0.8 pct,...

Iraq eyes Lockheed F-16 fighter aircraft purchase, Jim Wolf

WASHINGTON (Reuters) - The Iraqi government hasasked for information about buying 36 F-16 fighter aircraftbuilt by Lockheed Martin Corp, the Defense Departmentsaid Friday....

US STOCKS-Wall St falls further on economic worry

NEW YORK (Reuters) - U.S. stocks extended lossesFriday, pushing the benchmark S&P 500 index down more than 1percent, as a government report showing growing job losses ...

U.S. home foreclosures reach record high

NEW YORK (Reuters) - U.S. home foreclosures and therate of homes entering foreclosure rose to record highs in thesecond quarter, the Mortgage Bankers Association said onFr...

US STOCKS-Wall St drops as weak jobs data sparks anxiety

NEW YORK (Reuters) - U.S. stocks opened lowerFriday after a government report showed the U.S. labor marketdeteriorated further in August, pushing the unemployment rateto i...

US STOCKS-Wall St set to slide at open on jobs data

* U.S. data shows unemployment rate at 4-1/2 year in Aug * Global growth concerns fuel global equity rout * Nokia's warns on outlook, adds to negative toneGLOBAL MARKETS-Weak U.S. jobs data hits stocks, boosts bonds

LONDON, Sept 5 (Reuters) - European stocks extended lossesand Wall Street looked set for a negative start on Friday afterU.S. jobs data showed the labour market had deteri...

US STOCKS-Futures dive on bleak August jobs data

NEW YORK (Reuters) - U.S. stock futures sharplyextended losses Friday as a government report showed theU.S. economy shed 84,000 jobs in August, significantly morethan econ...

Week ahead in Asia & Pacific from Sept 6

Following are some of the main Asia and Pacific news eventsexpected this week (all times GMT). - - - - - SATURDAY, Sept 6 ISLAMABAD - Pakistan preside...

US STOCKS-Nokia warning pushes futures down further

NEW YORK (Reuters) - U.S. stock futures fellfurther Friday after Nokia slashed itsthird-quarter market share outlook, heightening investors'concern about the global slowdo...

US STOCKS-Futures drop before jobs data; Merrill dives

* Caution before August payrolls report * Global stocks markets slide on growth worries * Merrill Lynch falls after being cut by Goldman * UST rises o...

WRAPUP 2-McCain pledges to change partisan Washington

* McCain borrows Obama's line, says "change is coming" * Pledges to cross party lines to lead nation * McCain and Palin hit campaign trail after conventionAustralia adviser urges cautious carbon targets, James Grubel

CANBERRA, Sept 5 (Reuters) - Australia's top climateadviser on Friday recommended carbon be sold for an initialA$20 ($16) a tonne from 2010, with only marginal increases f...

WRAPUP 1-McCain and Palin hit road after U.S. convention

* McCain and Palin hit campaign trail after convention * McCain borrows Obama's line, says "change is coming" * Anti-war protesters interrupt speech