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The noisiest shareholder activist takes a break

July 14, 2012 • BusinessComments Off

FILE – In this May 11, 1971 file photo, Evelyn Y. Davis wears hotpants as she speaks at the annual stockholders meeting of the Communications Satellite Corp. in Washington. For decades, Davis, who has been buying a few shares of big companies, attends their annual meetings, turning them into her personal stage. But in 2012, [&hellip...

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After 24 years of toil, SE Ark. gets 4-lane US 65

July 14, 2012 • BusinessComments Off

FILE – In this August 4, 2010, file photo, traffic begins crossing the newly opened U.S. 82 River Bridge spanning the Mississippi River between Greenville, Miss., and Lake Village, Ark. Twenty-four years and $200 million later, drivers can motor through...

JPMorgan Chase launches a stock market rally

July 14, 2012 • BusinessComments Off

FILE- In a Tuesday, July 10, 2012, file photo, traders work at the start of early trading at the New York Stock Exchange. U.S. stocks slid for a sixth day Thursday, July 12, 2012, as concern spread that weaker global economic growth and the European debt...

JPMorgan traders may have sought to conceal losses

July 14, 2012 • BusinessComments Off

JPMorgan Chase CEO Jamie Dimon enter the company’s headquarters in New York Friday, July 13, 2012. JPMorgan Chase, the largest bank in the United States, said Friday that its loss from a highly publicized trading blunder had grown to $4.4 billion in the...

APNewsBreak: Tube wear detailed at CA nuke plant

July 13, 2012 • BusinessComments Off

FILE – A March 1, 2010 file photo, shows the San Onofre nuclear power plant in north San Diego County, Calif. Federal regulators say design flaws appear to be the cause of excessive wear in tubing that carries radioactive water through the San Onofre...

Lawmakers furious over China-made Olympic uniform

July 13, 2012 • BusinessComments Off

FILE – This product image released by Ralph Lauren shows U.S. Olympic athletes, from left, swimmer Ryan Lochte, decathlete Bryan Clay, rower Giuseppe Lanzone and soccer player Heather Mitts modeling the the official Team USA Opening Ceremony Parade...

South Korea unexpectedly lowers key policy rate

July 13, 2012 • BusinessComments Off

Kim Choong-soo, governor of the Bank of Korea, announces the benchmark call rate during a press conference at the bank’s headquarters in Seoul, South Korea, Thursday, July 12, 2012. South Korea’s central bank unexpectedly lowered its key interest...

Bills, few options mean bankruptcy for Calif. city

July 13, 2012 • BusinessComments Off

Tthe nearly empty E Street Mall in San Bernardino, Calif., is shown on Wednesday, July 11, 2012. The San Bernardino city council voted Tuesday night in favor of the city filing for bankruptcy. City officials have said, San Bernardino “has an immediate...

Opel CEO Stracke resigns in middle of turnaround

July 13, 2012 • BusinessComments Off

FILE – In this Jan. 16, 2012 file picture, CEO of Adam Opel AG, Karl-Friedrich Stracke, attends a press conference in Frankfurt, Germany. Opel says CEO Karl-Friedrich Stracke has resigned as head of General Motors’ struggling European business to...

Future 'Assassin's Creed' games may not leap ahead

July 13, 2012 • Business, EntertainmentComments Off

In this publicity photo provided by Ubisoft Entertainment, a scene from “Assassin’s Creed III” is shown. (AP Photo/Ubisoft Entertainment) SAN DIEGO (AP) — The next installment of “Assassin’s Creed” may take a trip further...