WRAL.com - AP Business News

Historic health care bill clears Senate hurdle

Sun, 22 Nov 2009 04:43:21 -0500

A bruising debate on health care awaits the Senate after Thanksgiving now that the historic legislation has cleared a key hurdle over the opposition of Republicans eager to inflict a punishing defeat on President Barack Obama.

South Koreans to get Apple's iPhone this week

Sun, 22 Nov 2009 02:50:54 -0500

Apple Inc's iPhone is coming to South Korea this week, a local carrier announced Sunday, bringing the iconic communications device to one of the world's most sophisticated mobile phone markets.

More Americans expected to travel for Thanksgiving

Sat, 21 Nov 2009 22:31:10 -0500

The number of Americans traveling away from home for Thanksgiving will be up only slightly this year from 2008, according to a report from the AAA auto club.

Russia president criticizes ruling party over vote

Sat, 21 Nov 2009 08:46:11 -0500

Russia's President Dmitry Medvedev on Saturday sharply criticized officials in the ruling Kremlin-backed party for manipulating recent regional votes, saying it must learn to win fairly.

LyondellBasell gets buyout offer from Reliance

Sat, 21 Nov 2009 12:11:13 -0500

LyondellBasell Industries said Saturday Reliance Industries offered to acquire a controlling interest in the beleaguered chemical company, which is under Chapter 11 bankruptcy protection.

D.R. Horton sees 26 perecent spike in 4Q orders

Sat, 21 Nov 2009 06:57:23 -0500

Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday.

CAPITAL CULTURE: Sotomayor adds celebrity to court

Tue, 17 Nov 2009 00:41:14 -0500

Apparently, no one told Sonia Sotomayor that Supreme Court justices are supposed to be circumspect, emerging from their marble palace mainly to dispense legal wisdom to law schools, judges' conferences and lawyers' meetings.

Stocks fall for third day as dollar strengthens

Fri, 20 Nov 2009 19:07:33 -0500

Investors can't shake their fears that the economy isn't keeping up with the stock market.

Ex-Vivendi CEO: I made mistakes but never misled

Fri, 20 Nov 2009 19:36:23 -0500

Former Vivendi CEO Jean-Marie Messier told a jury Friday he made mistakes in his troubled bid to turn the French water company into a global media giant, but he never misled shareholders about the risks.

Texas high court agrees to rehear Exxon case

Fri, 20 Nov 2009 21:09:32 -0500

The Texas Supreme Court on Friday said it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp. loaded abandoned wells with junk, sludge and even explosives to keep other companies from drilling there.