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2nd panel blasts GSA for parties, trips, bonuses

April 18, 2012 • BusinessComments (0)

GSA Deputy Administrator Susan Brita testifies on Capitol Hill in Washington, Tuesday, April 17, 2012, before the House Economic Development, Public Buildings and Emergency Management subcommittee hearing of an excessive conference at a Las Vegas resort by General Services Administration officials in 2010. WASHINGTON (AP) — The main figure in a General...

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Coca-Cola expanding reach worldwide for profit

April 18, 2012 • BusinessComments (0)

FILE – In this Aug. 8, 2011 file photo, cases of Coca-Cola are seen on a counter at a local store in West Bath, Maine, in this photo illustration. The Coca-Cola Co. said Tuesday, April 17, 2012, that its net income rose 8 percent in the first quarter as...

The Wall Street heretic who called Apple's swoon

April 18, 2012 • BusinessComments (0)

This April 5, 2012 photo shows the company logo at the Apple Store in London. No one is sure why Apple’s stock finally stopped rising last week, but you might point a finger at Walter Piecyk, a veteran analyst who apparently has uncanny timing when it...

Hollywood warms to China's new openness

April 17, 2012 • BusinessComments (0)

FILE – In this publicity image released by Columbia Pictures, Jaden Smith as Dre, left, and Jackie Chan as Mr. Han are shown in a scene from “The Karate Kid,” a co-production between Columbia Pictures and China Film Group. (AP Photo/Columbia...

Apple weighs on Nasdaq; Dow climbs 72

April 17, 2012 • BusinessComments (0)

Richard Cohen, right, works with fellow traders on the floor of the New York Stock Exchange, Monday, April 16, 2012, in New York. The Dow Jones industrial average rose but other stock indexes fell early Monday as a strong report on retail sales didn’t...

Philippine president: No war with China over shoal

April 17, 2012 • BusinessComments (0)

A mother piggybacks her son as they join other protesters in a rally outside the Chinese Consulate at the financial district of Makati city, east of Manila, Philippines Monday, April 16, 2012, to accuse poaching by Chinese fishermen that led to a military...

Behind the Pulitzers: How did they do that?

April 17, 2012 • BusinessComments (0)

This photo provided by the Pulitzer Prize Board shows Sara Ganim, of the Harrisburg, Pa., Patriot-News, who was awarded the 2012 Pulitzer Prize for Local Reporting, announced in New York, Monday, April 16, 2012. (AP Photo/Pulitzer Prize Board) NEW YORK (AP)...

Argentine leader moves to nationalize oil shares

April 17, 2012 • BusinessComments (0)

People wait in line to refuel their vehicles at a YPF gas station in Buenos Aires, Argentina, Monday, April 16, 2012. Argentine President Cristina Fernandez on Monday proposed a bill to expropriate 51 percent of the shares of YPF oil company that is...

Tornado damage stalls Wichita aircraft industry

April 17, 2012 • BusinessComments (0)

Damage is evident at Boeing and Spirit AeroSystems Sunday April 15, 2012 after they took a direct hit, officials said, when a tornado swept through southeast Wichita, Kansas late Saturday. Kansas Gov. Sam Brownback acknowledged that the damage could have been...

Rebates to cut price of $60 LED bulb

April 17, 2012 • BusinessComments (0)

This product image provided by Philips shows a state-of-the-art LED light bulb. The bulb is the most energy-efficient yet, lasts about 20 years and is supposed to give off a pleasing, natural-looking light. But what separates it from the pack most is the...