business

Tainted ingredient sold after salmonella found (AP)

AP - The company responsible for a ballooning recall of processed foods continued to manufacture and distribute a flavor-enhancing ingredient for a month after tests confirmed it was made with contaminated equipment, according to a Food and Drug Administration report.

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Tainted ingredient sold after salmonella found
(AP)

business

Daimler trucks sees market turnaround in 2010 (AP)

AP - German car and truckmaker Daimler AG says it expects a turnaround in the global truck market and an improvement in the truck division’s 2010 earnings before interest and taxes.

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Daimler trucks sees market turnaround in 2010
(AP)

business

Terra favoring CF over Yara in buyer battle (AP)

AP - Fertilizer company Terra Industries said Wednesday its board favors a bid to be acquired by CF Industries instead of a previous agreement with Norway’s Yara.

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Terra favoring CF over Yara in buyer battle
(AP)

business

Axel Springer 2009 net income falls 45 percent (AP)

AP - German publisher Axel Springer AG said Wednesday that net income fell 45 percent in 2009 to euro314 million ($427 million), with a drop in demand for newspapers and magazines mitigated only partially by new Internet revenues.

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Axel Springer 2009 net income falls 45 percent
(AP)

business

Turkey, IMF end loan talks (AP)

AP - Turkey says it and the International Monetary Fund have mutually agreed to call off talks for a loan.

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Turkey, IMF end loan talks
(AP)

business

Portugal sells $1.34 billion worth of bonds (AP)

AP - The head of Portugal’s debt agency says a euro990 million ($1.34 billion) bond auction was oversubscribed, suggesting the government’s austerity plan has eased market concerns about the country’s high debts.

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Portugal sells $1.34 billion worth of bonds
(AP)

business

Stock futures narrowly mixed ahead of opening (AP)

AP - Investors are continuing to search for direction Wednesday, after two days of relatively flat trading. Stock futures are narrowly mixed

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Stock futures narrowly mixed ahead of opening
(AP)

business

OPEC raises 2010 oil demand forecast (AP)

AP - OPEC has raised its projections for oil demand growth this year by 100,000 barrels per day, but stresses that gains could be eroded if the U.S.

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OPEC raises 2010 oil demand forecast
(AP)

business

Bank of America ends overdraft fees on debit cards (AP)

AP - Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards.

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Bank of America ends overdraft fees on debit cards
(AP)

business

Greek strike to shut down services Thursday (AP)

AP - Greek unions say nationwide strikes will shut down all public services, closing schools, customs and tax offices, halting public transport and grounding flights for 24 hours.

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Greek strike to shut down services Thursday
(AP)

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