Business News
Calderon: Violence price worth paying in drug war 09/02/10
President Felipe Calderon tried to rally frustrated Mexicans behind his increasingly bloody drug war Thursday, saying he knows violence has surged under his watch, but arguing that it is the price of confronting powerful and brutal cartels.
Oil platform explodes off La. coast; crew rescued 09/02/10
An oil platform exploded and burned off the Louisiana coast Thursday, the second such disaster in the Gulf of Mexico in less than five months. This time, the Coast Guard said there was no leak, and no one was killed.
ClearOne's attorney fees for CEO undecided 09/02/10
An appellate court ruled that ClearOne Communications Inc.'s agreement to pay attorneys fees for its former CEO came with conditions, including that she not break the law.
Comfort Inn a hurricane hostel in NC 09/02/10
A two-story Comfort Inn has become a makeshift hurricane hostel on North Carolina's Outer Banks for those who want to stay close to their homes but know they need better shelter from the outslaught of Earl.
Earl weakens but still powerful as it smacks NC 09/02/10
The last ferry left for the mainland and coastal residents hunkered down at home as Hurricane Earl closed in with 110 mph winds Thursday on North Carolina's dangerously exposed Outer Banks, the first and potentially most destructive stop on the storm's projected journey up the Eastern Seaboard.
Mass. AG tracking deliveries of faulty propane 09/02/10
A fatal explosion at a Massachusetts condominium project has led the state attorney general to investigate the delivery of faulty propane to locations across New England and New York.
3 dead in plane crash off San Francisco Bay 09/02/10
A small plane that crashed into a shallow lagoon off San Francisco Bay on Thursday, killing three people, belonged to the founder of a local steel company who was believed to be among the dead.
Star witness in Petters case sentenced to 1 year 09/02/10
A judge sentenced the woman who blew the whistle on Tom Petters' $3.7 billion Ponzi scheme to one year in prison Thursday, even as he praised her cooperation with federal prosecutors.
Analyst: GM plans to sell shares on Nov. 18 09/02/10
General Motors plans to start trading shares again on Nov. 18, timing that allows the company one more quarter of earnings to build its case to investors, a firm that researches initial public offerings said Thursday.
Pension fund approached on Potash bid 09/02/10
The head of a major Canadian pension fund says a Chinese sovereign wealth fund is interested in making a joint-bid with a Canadian pension fund for fertilizer-maker Potash Corp. of Saskatchewan Inc.
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