MY USTI.NET News: High-priority business news

MY USTI.NET News: High-priority business newsCopyright (c) 2007 USTINET Corporation. All rights reserved.http://news.usti.net/High-priority business newsen-usSun Mar 14 13:53:02 20102880MY USTI.NET News12336http://news.usti.net/http://rss.usti.net/xml_news.gif It's back to basics for housewareshttp://news.usti.net/newsstory/biz.top/2/wed/db/Uus-housewares.Ra9j_KME.htmlwed/db/Uus-housewares.Ra9j_KME.html1268574287Sun Mar 14 13:44:47 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/db/Uus-housewares.Ra9j_KME.html"></a>CHICAGO, March 8 (UPI) -- Like every other sector of the U.S. economy, the housewares industry appeared to be retrenching as its annual exhibition opened Sunday in Chicago. <a href="http://news.usti.net/newsstory/biz.top/2/wed/db/Uus-housewares.Ra9j_KME.html">It's back to basics for housewares</a> CHICAGO, March 8 (UPI) -- Like every other sector of the U.S. economy, the housewares industry appeared to be retrenching as its annual exhibition opened Sunday in Chicago. (UPI) Apple iPad enjoys strong early interesthttp://news.usti.net/newsstory/biz.top/2/wed/ab/Uus-ipad.Rl3l_KMD.htmlwed/ab/Uus-ipad.Rl3l_KMD.html1268501089Sat Mar 13 17:24:49 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/ab/Uus-ipad.Rl3l_KMD.html"></a>CUPERTINO, Calif., March 13 (UPI) -- Apple Inc. has tens of thousands of early orders for its iPad device and the U.S. company will likely sell millions of the devices, analysts say. <a href="http://news.usti.net/newsstory/biz.top/2/wed/ab/Uus-ipad.Rl3l_KMD.html">Apple iPad enjoys strong early interest</a> CUPERTINO, Calif., March 13 (UPI) -- Apple Inc. has tens of thousands of early orders for its iPad device and the U.S. company will likely sell millions of the devices, analysts say. (UPI) Three more U.S. banks closedhttp://news.usti.net/newsstory/biz.top/2/wed/bk/Ayb142441226.R_ZI_KFD.htmlwed/bk/Ayb142441226.R_ZI_KFD.html1268490893Sat Mar 13 14:34:53 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/bk/Ayb142441226.R_ZI_KFD.html"></a>The closing of three small banks in Louisiana, Florida and New York brings to 30 the number of U.S. banks closed so far this year, regulators said. <a href="http://news.usti.net/newsstory/biz.top/2/wed/bk/Ayb142441226.R_ZI_KFD.html">Three more U.S. banks closed</a> The closing of three small banks in Louisiana, Florida and New York brings to 30 the number of U.S. banks closed so far this year, regulators said. (AP) Three more U.S. banks closedhttp://news.usti.net/newsstory/biz.top/2/wed/ar/Uus-bankfailures.RB26_KMD.htmlwed/ar/Uus-bankfailures.RB26_KMD.html1268489095Sat Mar 13 14:04:55 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/ar/Uus-bankfailures.RB26_KMD.html"></a>WASHINGTON, March 13 (UPI) -- The closing of three small banks in Louisiana, Florida and New York brings to 30 the number of U.S. banks closed so far this year, regulators said. <a href="http://news.usti.net/newsstory/biz.top/2/wed/ar/Uus-bankfailures.RB26_KMD.html">Three more U.S. banks closed</a> WASHINGTON, March 13 (UPI) -- The closing of three small banks in Louisiana, Florida and New York brings to 30 the number of U.S. banks closed so far this year, regulators said. (UPI) Small cities = more stores = more obesityhttp://news.usti.net/newsstory/biz.top/2/wed/cs/Uus-lowincomeobesity.RoUe_KMC.htmlwed/cs/Uus-lowincomeobesity.RoUe_KMC.html1268451889Sat Mar 13 03:44:49 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/cs/Uus-lowincomeobesity.RoUe_KMC.html"></a>MANHATTAN, Kan., March 12 (UPI) -- U.S. researchers say low-income women in small cities have a higher chance of obesity. <a href="http://news.usti.net/newsstory/biz.top/2/wed/cs/Uus-lowincomeobesity.RoUe_KMC.html">Small cities = more stores = more obesity</a> MANHATTAN, Kan., March 12 (UPI) -- U.S. researchers say low-income women in small cities have a higher chance of obesity. (UPI) Third Tokyo-area airport openshttp://news.usti.net/newsstory/biz.top/2/wed/bz/Ujapan-airport.RA9I_KMC.htmlwed/bz/Ujapan-airport.RA9I_KMC.html1268437488Fri Mar 12 23:44:48 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/bz/Ujapan-airport.RA9I_KMC.html"></a>TOKYO, March 12 (UPI) -- Despite a slumping airline industry, Japan has opened Ibaraki Airport, its third in the Tokyo metropolitan area, officials said. <a href="http://news.usti.net/newsstory/biz.top/2/wed/bz/Ujapan-airport.RA9I_KMC.html">Third Tokyo-area airport opens</a> TOKYO, March 12 (UPI) -- Despite a slumping airline industry, Japan has opened Ibaraki Airport, its third in the Tokyo metropolitan area, officials said. (UPI) Catalytic converter thefts spike in Colo.http://news.usti.net/newsstory/biz.top/2/wed/dh/Uus-catalyticconverters.ROc9_KMC.htmlwed/dh/Uus-catalyticconverters.ROc9_KMC.html1268436288Fri Mar 12 23:24:48 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/dh/Uus-catalyticconverters.ROc9_KMC.html"></a>AURORA, Colo., March 12 (UPI) -- Authorities in Colorado said a spike in the price of three precious metals found in catalytic converters has led to a rash of auto-part thefts. <a href="http://news.usti.net/newsstory/biz.top/2/wed/dh/Uus-catalyticconverters.ROc9_KMC.html">Catalytic converter thefts spike in Colo.</a> AURORA, Colo., March 12 (UPI) -- Authorities in Colorado said a spike in the price of three precious metals found in catalytic converters has led to a rash of auto-part thefts. (UPI) Crude oil prices settle under $82http://news.usti.net/newsstory/biz.top/2/wed/dn/Uus-energyprices.RfIy_KMC.htmlwed/dn/Uus-energyprices.RfIy_KMC.html1268432088Fri Mar 12 22:14:48 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/dn/Uus-energyprices.RfIy_KMC.html"></a>NEW YORK, March 12 (UPI) -- Crude oil prices settled at less than $82 per barrel on the New York Mercantile Exchange Friday after hitting a peak last reached two months ago. <a href="http://news.usti.net/newsstory/biz.top/2/wed/dn/Uus-energyprices.RfIy_KMC.html">Crude oil prices settle under $82</a> NEW YORK, March 12 (UPI) -- Crude oil prices settled at less than $82 per barrel on the New York Mercantile Exchange Friday after hitting a peak last reached two months ago. (UPI) FEMA selling Katrina trailershttp://news.usti.net/newsstory/biz.top/2/wed/dt/Uus-fematrailers.R8EL_KMC.htmlwed/dt/Uus-fematrailers.R8EL_KMC.html1268431507Fri Mar 12 22:05:07 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/dt/Uus-fematrailers.R8EL_KMC.html"></a>WASHINGTON, March 12 (UPI) -- Rep. Mike Ross Friday called for congressional hearings into the government sale of formaldehyde-tainted trailers used in the wake of Hurricane Katrina. <a href="http://news.usti.net/newsstory/biz.top/2/wed/dt/Uus-fematrailers.R8EL_KMC.html">FEMA selling Katrina trailers</a> WASHINGTON, March 12 (UPI) -- Rep. Mike Ross Friday called for congressional hearings into the government sale of formaldehyde-tainted trailers used in the wake of Hurricane Katrina. (UPI) Grain futures in Chicago mixed Fridayhttp://news.usti.net/newsstory/biz.top/2/wed/bu/Uus-cbot.RnrW_KMC.htmlwed/bu/Uus-cbot.RnrW_KMC.html1268431507Fri Mar 12 22:05:07 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/bu/Uus-cbot.RnrW_KMC.html"></a>CHICAGO, March 12 (UPI) -- Grain prices closed mixed Friday on the Chicago Board of Trade with the dollar index down 0.64 percent. <a href="http://news.usti.net/newsstory/biz.top/2/wed/bu/Uus-cbot.RnrW_KMC.html">Grain futures in Chicago mixed Friday</a> CHICAGO, March 12 (UPI) -- Grain prices closed mixed Friday on the Chicago Board of Trade with the dollar index down 0.64 percent. (UPI) Federal mortgage help reaches 1M milestonehttp://news.usti.net/newsstory/biz.top/2/wed/co/Uus-mortgages.RTPy_KMC.htmlwed/co/Uus-mortgages.RTPy_KMC.html1268429698Fri Mar 12 21:34:58 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/co/Uus-mortgages.RTPy_KMC.html"></a>WASHINGTON, March 12 (UPI) -- The U.S. Home Affordable Modification Program surpassed the million mark for modified mortgages in February, the Treasury Department said Friday. <a href="http://news.usti.net/newsstory/biz.top/2/wed/co/Uus-mortgages.RTPy_KMC.html">Federal mortgage help reaches 1M milestone</a> WASHINGTON, March 12 (UPI) -- The U.S. Home Affordable Modification Program surpassed the million mark for modified mortgages in February, the Treasury Department said Friday. (UPI) Three possible Fed governors namedhttp://news.usti.net/newsstory/biz.top/2/wed/cc/Uus-fed.R3CQ_KMC.htmlwed/cc/Uus-fed.R3CQ_KMC.html1268426687Fri Mar 12 20:44:47 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/cc/Uus-fed.R3CQ_KMC.html"></a>WASHINGTON, March 12 (UPI) -- A White House official Friday named three leading candidates to fill the three empty board seats at the U.S. Federal Reserve. <a href="http://news.usti.net/newsstory/biz.top/2/wed/cc/Uus-fed.R3CQ_KMC.html">Three possible Fed governors named</a> WASHINGTON, March 12 (UPI) -- A White House official Friday named three leading candidates to fill the three empty board seats at the U.S. Federal Reserve. (UPI) Fertilizer giant CF Industries to take over rival Terra in $4.7 billion dealhttp://news.usti.net/newsstory/biz.top/2/wed/br/Ayb142413537.RxWu_KFC.htmlwed/br/Ayb142413537.RxWu_KFC.html1268426093Fri Mar 12 20:34:53 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/br/Ayb142413537.RxWu_KFC.html"></a>CHICAGO -- Putting an end to an extended four-way takeover drama in the fertilizer business, Deerfield, Ill.-based CF Industries Holdings, Inc. announced Friday that it had won control of rival Terra Industries Inc. in a stock swap valued at $4.7 billion. <a href="http://news.usti.net/newsstory/biz.top/2/wed/br/Ayb142413537.RxWu_KFC.html">Fertilizer giant CF Industries to take over rival Terra in $4.7 billion deal</a> CHICAGO -- Putting an end to an extended four-way takeover drama in the fertilizer business, Deerfield, Ill.-based CF Industries Holdings, Inc. announced Friday that it had won control of rival Terra Industries Inc. in a stock swap valued at $4.7 billion. (AP) Ford shows off its new Taurus police carhttp://news.usti.net/newsstory/biz.top/2/wed/ay/Uus-ford-interceptor.RQEm_KMC.htmlwed/ay/Uus-ford-interceptor.RQEm_KMC.html1268423689Fri Mar 12 19:54:49 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/ay/Uus-ford-interceptor.RQEm_KMC.html"></a>DEARBORN, Mich., March 12 (UPI) -- Ford Motor Co. gave U.S. law enforcement officials a look Friday at the Taurus-based police car the company will use to replace the Crown Victoria cruiser. <a href="http://news.usti.net/newsstory/biz.top/2/wed/ay/Uus-ford-interceptor.RQEm_KMC.html">Ford shows off its new Taurus police car</a> DEARBORN, Mich., March 12 (UPI) -- Ford Motor Co. gave U.S. law enforcement officials a look Friday at the Taurus-based police car the company will use to replace the Crown Victoria cruiser. (UPI) Business inventories flat in Januaryhttp://news.usti.net/newsstory/biz.top/2/wed/ds/Uus-inventories.RKKr_KMC.htmlwed/ds/Uus-inventories.RKKr_KMC.html1268423088Fri Mar 12 19:44:48 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/ds/Uus-inventories.RKKr_KMC.html"></a>WASHINGTON, March 12 (UPI) -- U.S. business inventories were flat in January after a 0.3 percent decline in December, the Commerce Department said Friday. <a href="http://news.usti.net/newsstory/biz.top/2/wed/ds/Uus-inventories.RKKr_KMC.html">Business inventories flat in January</a> WASHINGTON, March 12 (UPI) -- U.S. business inventories were flat in January after a 0.3 percent decline in December, the Commerce Department said Friday. (UPI) Northern Rockies facing water shortageshttp://news.usti.net/newsstory/biz.top/2/wed/bt/Uus-water.ROpt_KMC.htmlwed/bt/Uus-water.ROpt_KMC.html1268413501Fri Mar 12 17:05:01 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/bt/Uus-water.ROpt_KMC.html"></a>SPOKANE, Wash., March 12 (UPI) -- Farmers and ranchers in the northern Rockies may soon face water shortages due to record low levels of winter snowpack, U.S. hydrologists say. <a href="http://news.usti.net/newsstory/biz.top/2/wed/bt/Uus-water.ROpt_KMC.html">Northern Rockies facing water shortages</a> SPOKANE, Wash., March 12 (UPI) -- Farmers and ranchers in the northern Rockies may soon face water shortages due to record low levels of winter snowpack, U.S. hydrologists say. (UPI) Boston Blackie's owners arrestedhttp://news.usti.net/newsstory/biz.top/2/wed/co/Uus-bostonblackies.RTyF_KMC.htmlwed/co/Uus-bostonblackies.RTyF_KMC.html1268411087Fri Mar 12 16:24:47 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/co/Uus-bostonblackies.RTyF_KMC.html"></a>CHICAGO, March 12 (UPI) -- The father and son who ran Boston Blackie's restaurants are charged in a multimillion-dollar check-kiting scheme, the Cook County, Ill. state's attorney said. <a href="http://news.usti.net/newsstory/biz.top/2/wed/co/Uus-bostonblackies.RTyF_KMC.html">Boston Blackie's owners arrested</a> CHICAGO, March 12 (UPI) -- The father and son who ran Boston Blackie's restaurants are charged in a multimillion-dollar check-kiting scheme, the Cook County, Ill. state's attorney said. (UPI) Retail sales rose in snowy Februaryhttp://news.usti.net/newsstory/biz.top/2/wed/di/Uus-retailsales.R3l7_KMC.htmlwed/di/Uus-retailsales.R3l7_KMC.html1268408687Fri Mar 12 15:44:47 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/di/Uus-retailsales.R3l7_KMC.html"></a>WASHINGTON, March 12 (UPI) -- Retail sales rose 0.3 percent in February compared to January, beating a consensus forecast by 0.4 percentage points, the U.S. Commerce Department said. <a href="http://news.usti.net/newsstory/biz.top/2/wed/di/Uus-retailsales.R3l7_KMC.html">Retail sales rose in snowy February</a> WASHINGTON, March 12 (UPI) -- Retail sales rose 0.3 percent in February compared to January, beating a consensus forecast by 0.4 percentage points, the U.S. Commerce Department said. (UPI) Egg scammer sentenced to jailhttp://news.usti.net/newsstory/biz.top/2/wed/cw/Ubritain-eggscam.RgE-_KMC.htmlwed/cw/Ubritain-eggscam.RgE-_KMC.html1268408093Fri Mar 12 15:34:53 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/cw/Ubritain-eggscam.RgE-_KMC.html"></a>WORCESTER, England, March 12 (UPI) -- The former head of a British company that perpetrated a major egg scam will spend three years in prison and pay a $4.5 million fine, a court has ruled. <a href="http://news.usti.net/newsstory/biz.top/2/wed/cw/Ubritain-eggscam.RgE-_KMC.html">Egg scammer sentenced to jail</a> WORCESTER, England, March 12 (UPI) -- The former head of a British company that perpetrated a major egg scam will spend three years in prison and pay a $4.5 million fine, a court has ruled. (UPI) Foreclosure rate likely headed back uphttp://news.usti.net/newsstory/biz.top/2/wed/bf/Uus-foreclosures.Rj2-_KMC.htmlwed/bf/Uus-foreclosures.Rj2-_KMC.html1268406354Fri Mar 12 15:05:54 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/bf/Uus-foreclosures.Rj2-_KMC.html"></a>NEW YORK, March 12 (UPI) -- Some housing experts are saying the rate of foreclosures in the U.S. housing market may rise again, and the profile of delinquent borrowers is changing. <a href="http://news.usti.net/newsstory/biz.top/2/wed/bf/Uus-foreclosures.Rj2-_KMC.html">Foreclosure rate likely headed back up</a> NEW YORK, March 12 (UPI) -- Some housing experts are saying the rate of foreclosures in the U.S. housing market may rise again, and the profile of delinquent borrowers is changing. (UPI) Healthcare supporters: Moral imperativehttp://news.usti.net/newsstory/biz.top/2/wed/al/Uus-healthcare-obamaplan.RiOM_KMC.htmlwed/al/Uus-healthcare-obamaplan.RiOM_KMC.html1268376887Fri Mar 12 06:54:47 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/al/Uus-healthcare-obamaplan.RiOM_KMC.html"></a>PRINCETON, N.J., March 12 (UPI) -- A Gallup poll indicates 48 percent of Americans polled oppose President Barack Obama's healthcare plan while 45 percent favor it. <a href="http://news.usti.net/newsstory/biz.top/2/wed/al/Uus-healthcare-obamaplan.RiOM_KMC.html">Healthcare supporters: Moral imperative</a> PRINCETON, N.J., March 12 (UPI) -- A Gallup poll indicates 48 percent of Americans polled oppose President Barack Obama's healthcare plan while 45 percent favor it. (UPI) Report: Lehman used misleading'gimmickshttp://news.usti.net/newsstory/biz.top/2/wed/aw/Uus-lehman.RgHP_KMC.htmlwed/aw/Uus-lehman.RgHP_KMC.html1268375087Fri Mar 12 06:24:47 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/aw/Uus-lehman.RgHP_KMC.html"></a>NEW YORK, March 12 (UPI) -- Lehman Brothers resorted to misleading accounting gimmicks to hide bad investments, a report by an examiner for the now-bankrupt U.S. investment firm concluded. <a href="http://news.usti.net/newsstory/biz.top/2/wed/aw/Uus-lehman.RgHP_KMC.html">Report: Lehman used misleading'gimmicks</a> NEW YORK, March 12 (UPI) -- Lehman Brothers resorted to misleading accounting gimmicks to hide bad investments, a report by an examiner for the now-bankrupt U.S. investment firm concluded. (UPI) Retail loyalty cards used for food recallshttp://news.usti.net/newsstory/biz.top/2/wed/bx/Uus-recalledfoods.RFc3_KMB.htmlwed/bx/Uus-recalledfoods.RFc3_KMB.html1268357695Fri Mar 12 01:34:55 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/bx/Uus-recalledfoods.RFc3_KMB.html"></a>WASHINGTON, March 11 (UPI) -- Retail loyalty cards are used by some food chains to alert customers of recalled products and other retailers should too, a U.S. food advocacy group says. <a href="http://news.usti.net/newsstory/biz.top/2/wed/bx/Uus-recalledfoods.RFc3_KMB.html">Retail loyalty cards used for food recalls</a> WASHINGTON, March 11 (UPI) -- Retail loyalty cards are used by some food chains to alert customers of recalled products and other retailers should too, a U.S. food advocacy group says. (UPI) Grain futures close lowerhttp://news.usti.net/newsstory/biz.top/2/wed/ci/Uus-cbot.RLFc_KMB.htmlwed/ci/Uus-cbot.RLFc_KMB.html1268346898Thu Mar 11 22:34:58 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/ci/Uus-cbot.RLFc_KMB.html"></a>CHICAGO, March 11 (UPI) -- Corn prices closed lower Thursday on the Chicago Board of Trade with the dollar index was off 0.21 percent. <a href="http://news.usti.net/newsstory/biz.top/2/wed/ci/Uus-cbot.RLFc_KMB.html">Grain futures close lower</a> CHICAGO, March 11 (UPI) -- Corn prices closed lower Thursday on the Chicago Board of Trade with the dollar index was off 0.21 percent. (UPI) Crude oil tops $82 per barrelhttp://news.usti.net/newsstory/biz.top/2/wed/ca/Uus-energyprices.RxEb_KM8.htmlwed/ca/Uus-energyprices.RxEb_KM8.html1268346898Thu Mar 11 22:34:58 2010<a href="http://news.usti.net/newsstory/biz.top/2/wed/ca/Uus-energyprices.RxEb_KM8.html"></a>NEW YORK, March 11 (UPI) -- Crude oil prices topped $82 per barrel on the New York Mercantile Exchange as indications demand would rise trumped a report on increased stockpiles. <a href="http://news.usti.net/newsstory/biz.top/2/wed/ca/Uus-energyprices.RxEb_KM8.html">Crude oil tops $82 per barrel</a> NEW YORK, March 11 (UPI) -- Crude oil prices topped $82 per barrel on the New York Mercantile Exchange as indications demand would rise trumped a report on increased stockpiles. (UPI)