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OAS chief says Paraguay should not be suspended

July 11, 2012 • BusinessComments Off

Paraguay’s Ambassador to the Organization of American States (OAS), Bernardino Hugo Saguier listens during a special session about the political crisis in Paraguay, Tuesday, July 10, 2012, OAS headquarters in Washington. (AP Photo/Luis M. Alvarez) WASHINGTON (AP) — The Organization of American States should not suspend Paraguay for impeaching its...

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AMR CEO says it's time to weigh merger options

July 11, 2012 • BusinessComments Off

FILE – In this Nov. 29, 2011 file photo, American Airlines (AMR) President and CEO Thomas W. Horton speaks at a news conference at the Dallas-Fort Worth Airport in Dallas. The head of American Airlines said Tuesday, July 10, 2012, it’s time to...

Analysts skeptical over Hawker Beechcraft deal

July 11, 2012 • BusinessComments Off

Employees build a Beechcraft King Air at the Wichita, Kansas Hawker Beechcraft plant in Jan. 2011. The struggling aircraft maker announced Monday, July 10, 2012 that it had reached a $1.79 billion “exclusivity agreement” with a Chinese aerospace...

Revel ranks 8th of 12 AC casinos 3rd month in row

July 11, 2012 • BusinessComments Off

In this May 21, 2012, photo, customers and a roulette dealer at Revel wait for the result of a spin at the casino in Atlantic City, N.J. Revel won $14.9 million from gamblers in June, keeping it stuck in eighth place out of Atlantic City’s 12 casinos in...

Court: NY can't scare smokers with gruesome images

July 11, 2012 • BusinessComments Off

FILE – In this combo made from file images provided by the U.S. Food and Drug Administration shows two of nine new warning labels cigarette makers will have to use by the fall of 2012. An appeals court says New York City cannot try to scare smokers by...

US job openings rose in May, good sign for hiring

July 11, 2012 • BusinessComments Off

In this Thursday, May 31, 2012, job seekers gather for employment opportunities at the 11th annual Skid Row Career Fair at the Los Angeles Mission in Los Angeles.U S. employers advertised more jobs in May than April, a hopeful sign after three months of weak...

Stocks fall for a fourth day as tech profits slump

July 11, 2012 • BusinessComments Off

FILE-In this Friday, June 29, 2012, file photo, specialists Frank Masello, left, and John T. O’Hara, right, work on the trading floor of the New York Stock Exchange in New York shortly before the closing bell. Stock markets in Asia declined Tuesday July...

3 more Michigan groups hand in ballot signatures

July 10, 2012 • BusinessComments Off

Gabrielle Theis, 11, of Brighton, helps deliver petition signatures to the Secretary of State Monday, July 9, 2012 for campaign to block state tax hikes. Her mother, Lana Theis, is president of the Michigan Alliance for Prosperity, the campaign’s...

NYC rally against proposed super-sized drinks ban

July 10, 2012 • BusinessComments Off

A protester holds a sign during a “Million Gulp” demonstration against Mayor Michael Bloomberg’s proposal to prohibit licensed food establishments from using containers larger than 16 ounces to serve high-calorie drinks like colas at City...

Oil markets breathe easier after Norway deal

July 10, 2012 • BusinessComments Off

In this Monday, July 2, 2012, photo, tanker trucks take on loads of gasoline and diesel fuel at Arkansas Terminaling and Trading Inc., in North Little Rock, Ark., before making daily deliveries to retailers. The price of oil climbed nearly 2 percent Monday,...