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BP’s life on frontiers of energy industry at risk (AP)

AP - At a celebration of BP’s centennial last October, CEO Tony Hayward boasted to guests that the oil company “lives on the frontiers of the energy industry.”

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BP’s life on frontiers of energy industry at risk
(AP)

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US bailouts aided foreign firms: watchdog (AFP)

AFP - The US decision to pour billions of taxpayer dollars into the economy likely propped up foreign firms as well as their US counterparts, a Congressional watchdog said Thursday.

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US bailouts aided foreign firms: watchdog
(AFP)

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J&J discloses multiple subpoenas (Investor’s Business Daily)

Investor’s Business Daily - The health products giant said in an SEC filing that several federal prosecutors have issued subpoenas tied to a series of recalls in the last year of Tylenol, Motrin, Benadryl and other products. In July, Johnson & Johnson said it had received one subpoena. J&J said at that time that manufacturing problems and the recalls could cost the firm $600 mil this year alone.

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J&J discloses multiple subpoenas
(Investor’s Business Daily)

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Company ramps up effort to clean Mich. river spill (AP)

AP - Michigan’s governor on Wednesday sharply criticized attempts to contain a large oil spill making its way down the Kalamazoo River after the company responsible for the spill said it had redoubled its efforts to clean up the mess.

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Company ramps up effort to clean Mich. river spill
(AP)

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Kokomo GM plant reassessing business operations (AP)

AP - A company spokesman says General Motors Co. is reassessing operations at a plant in Kokomo.

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Kokomo GM plant reassessing business operations
(AP)

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When the Tax Hikes Are Coming (U.S. News & World Report)

U.S. News & World Report - If you love class warfare, your moment has arrived.

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When the Tax Hikes Are Coming
(U.S. News & World Report)

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IMF says it proposed tax hikes to curb Romania’s deficit (AFP)

AFP - The International Monetary Fund said on Saturday it had suggested tax increases to curb Romania’s rising public deficit but that the government chose to slash wages and pensions, which sparked massive protests this week.

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IMF says it proposed tax hikes to curb Romania’s deficit
(AFP)

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Safety issue prompts new Toyota sales suspension (AFP)

AFP - Embattled Japanese automaker Toyota has announced it is temporarily suspending sales of its 2010 Lexus GX 460 SUV in North America after a safety warning by a top US consumer magazine.

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Safety issue prompts new Toyota sales suspension
(AFP)

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Apple shares down after iPad sales data (Reuters)

Reuters - Shares of Apple Inc edged 0.8 percent lower to $234 in premarket trading on Monday after the company said it had sold over 300,000 units of its new iPad tablet computer on its first day of release, including deliveries of pre-ordered iPads.

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Apple shares down after iPad sales data
(Reuters)

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Chinese automaker BYD plans massive expansion (AFP)

AFP - Chinese automaker BYD Co. said Monday it had massive expansion plans this year and would consider building a plant in the United States, a day after announcing annual profits had tripled.

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Chinese automaker BYD plans massive expansion
(AFP)

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