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Business


02/08/2006 03:57 AM
Toshiba talking with 5-6 firms about Westinghouse (Reuters)

Reuters - Japan's Toshiba Corp. (6502.T) said on Wednesday it was in talks with five or six companies about taking a minority stake in its $5.4 billion acquisition of Westinghouse, the U.S. power plant arm of British Nuclear Fuels.



02/08/2006 05:00 AM
Univision considers sale of company: report (Reuters)
Reuters - Spanish-language media giant Univision Communications is considering a plan to put itself up for sale, the New York Times reported on Wednesday, citing people briefed on the proposal.
02/08/2006 04:18 AM
ABB notifies U.S. authorities of suspect payments (Reuters)

Reuters - ABB has disclosed to U.S. authorities that it made payments in several countries including the Middle East that might have violated U.S. anti-bribery laws, weighing on the Swiss engineering firm's shares.



02/08/2006 02:36 AM
Merrill to sell stake in S.African operations (Reuters)

Reuters - U.S. investment bank Merrill Lynch will dispose of up to 15 percent of its South African operations to black staff, investors and a local educational trust, it said on Wednesday.



02/08/2006 04:17 AM
Apple price cut hurts Asia chip maker shares (Reuters)

Reuters - Shares in Samsung Electronics (005930.KS) and other Asian memory chip makers fell on Wednesday after Apple's music player price cut fanned fears of a steeper price decline in chips used in the products.



02/07/2006 03:02 PM
Senators question White House tax priorities (Reuters)

Reuters - U.S. lawmakers on Tuesday criticized tax proposals in President George W. Bush's federal budget, saying an emphasis on keeping rates low for income on capital gains and dividends benefits the well-off at the expense of the middle class.



02/07/2006 05:33 PM
Stocks drop on oil, Google, homes; Cisco climbs (Reuters)

Reuters - U.S. stocks declined on Tuesday as a $2-a-barrel drop in crude oil prices pushed down shares of energy companies and shares of Web search company Google Inc. slid on cost concerns.



02/07/2006 04:02 PM
Fed: Consumers Increase Borrowing in 2005 (AP)
AP - Consumers, weighed down by high debt loads and low savings rates, increased borrowing last year by the smallest amount in 13 years, the Federal Reserve reported Tuesday.
02/07/2006 10:04 PM
Wal-Mart to Open About 1,500 New Stores (AP)

AP - Wal-Mart Stores Inc. plans to open more than 1,500 stores in the United States in the coming years, on top of nearly 3,200 it already operates, the world's largest retailer said Tuesday.



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