AP Business Highlights

 

Gadhafi offers truce as NATO strikes in Tripoli - AP
Libyan leader Moammar Gadhafi called for a mutual cease-fire and negotiations with NATO powers in a live speech on state TV early Saturday, just as NATO bombs struck a government complex in the Libyan capital.

China imprisons 14 in tainted milk case - AP -
Chinese courts have sentenced 14 people to prison for producing or selling melamine-tainted milk powder, news reports said Saturday, highlighting Beijing's struggle to stamp out rampant sales of phony or tainted food and medicine.

Tunisia rebukes Libya over cross-border incursions - AP -
A battle between Libyan troops and rebels spilled over the western border into Tunisia Friday, drawing a sharp rebuke of Moammar Gadhafi's regime from the neighboring government.

China jails 14 people in tainted milk case - AP -
Chinese courts have sentenced 14 people to prison terms ranging up to life for producing or selling melamine-tainted milk powder.

Beijing turns to currency to cool inflation - AP -
Surging inflation that helped trigger protests in Shanghai is prompting China's leaders to turn to a tool they long resisted: speeding up the rise of the country's tightly controlled currency.

Labor Dept. honors Memphis sanitation workers - AP -
Labor Secretary Hilda Solis on Friday honored the 1,300 black workers who took part in the Memphis sanitation strike of 1968, taking a swipe at governors who are trying to curtail public union employees' benefits.

Fewer stock awards reduces Yahoo CEO's pay 75 pct. - AP -
Yahoo Inc. cut CEO Carol Bartz's compensation by 75 percent to $11.9 million last year as the Internet company struggled to revive its revenue growth, regulatory documents filed Friday show.

Chinese coal producer Shenhua says profit up - AP -
China Shenhua Energy Co., the country's biggest coal producer, said Saturday that its first-quarter profit jumped 16.6 percent over a year ago as China's rapid economic growth drove strong energy demand.

Earlier Headlines

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Ex-media mogul Black sells Palm Beach mansion - AP - Fri 10:32 pm ET

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Quinn: Approve borrowing or lose local tax revenue - AP - Fri 9:28 pm ET

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Frank McCourt will appeal rulings in divorce case - AP - Fri 9:09 pm ET

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Casinos see opening in online poker indictments - AP - Fri 9:07 pm ET

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Judge: I will again deny dismissal of Toyota suits - AP - Fri 8:55 pm ET

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ND gov's budget plan masked huge spending increase - AP - Fri 8:28 pm ET

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YRC creditors, Teamsters OK restructuring plan - AP - Fri 8:05 pm ET

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5 banks fail in Fla., Ga., Mich.; makes 39 in '11 - AP - Fri 7:57 pm ET

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US Airways CEO's pay package rises to $2.8 million - AP - Fri 7:55 pm ET

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Earnings Preview: Pfizer reports on first quarter - AP - Fri 7:51 pm ET

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Digital radio revenue in 2010 tops paid plans - AP - Fri 7:50 pm ET

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Dodgers owner McCourt speaks out on divorce, team - AP - Fri 7:42 pm ET