Business News
Cribs recalled after 3 deaths 02/09/10
Government safety officials Tuesday announced a recall of more than 500,000 drop-side cribs sold at Buy Buy Baby, Kmart, Wal-Mart and other stores after the death of three infants.
Senate Democrats unveil jobs package 02/09/10
Senate Democrats circulated a jobs bill Tuesday that's light on new initiatives on boosting hiring and heavy with provisions sought by lobbyists for doctors and the satellite broadcasting industry.
Glance: Rising radiation exposure tied to imaging 02/09/10
The Food and Drug Administration said Tuesday it will work with doctors and manufacturers to reduce unnecessary radiation exposure from medical scans, a problem that has been growing for decades.
Obama: US developing new sanctions for Iran 02/09/10
The United States is developing a "significant regime of sanctions" after Iran apparently spurned an offer to negotiate over its suspect nuclear program, President Barack Obama said Tuesday.
Solar Capital shares drop in trading debut 02/09/10
Shares of investment company Solar Capital Ltd. dropped in its market debut Tuesday after it raised less money than it had hoped for in a weak market for IPOs.
Obama meets with GOP, says can spur job growth 02/09/10
Appealing for bipartisanship in a town where it's hard to find, President Barack Obama sat down with Democrats and Republicans Tuesday to spur cooperation on job creation, deficit reduction and health care overhaul. He promised to do his part _ but warned he would take Republicans to task if they don't do the same.
ADC shares rise on narrowed 1Q loss, upgrade 02/09/10
Shares of ADC Telecommunications Inc. rose Tuesday after the networking equipment maker reported a narrower quarterly loss and an analyst upgraded the company, predicting sales growth will resume later this year.
Swatch full-year net income down 9 pct 02/09/10
Swatch Group AG, the world's largest watchmaker, said Tuesday that net income dropped 9 percent last year, blaming higher gold prices and lower exports due to the global economic downturn and the strong Swiss franc.
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