AP Business

Video: Nov. 20: Dollar Pushes Stocks Lower Yet Again

Fri, 20 Nov 2009 21:52:11 +0000

The stock market ended a down week with light selling as investors grew uneasy about a rising dollar and spiking demand for the safest government debt.(Nov. 20)

Video: What's New at the Macy's Parade?

Fri, 20 Nov 2009 21:18:02 +0000

At this workshop, Macy's parade chief John Piper serves up a Thanksgiving smorgasbord with old and new friends for this year's parade. Ted Shaffrey reports. (Nov. 20)

Video: Opel; Smuckers; Dell

Fri, 20 Nov 2009 20:38:24 +0000

General Motors says it expects to release a full restructuring plan for its Opel and Vauxhall operations in mid December. The AP's Sandy Kozel reports.(Nov. 20)

Video: AP Top Stories

Fri, 20 Nov 2009 12:47:28 +0000

Here's the latest news for Friday, November 20: Key Senate vote this weekend; AOL plans job cuts; Oprah ends the end of her show; Severe flooding in England.

Video: Raw Video: Bongs Disguised As Xmas Ornaments

Fri, 20 Nov 2009 04:17:04 +0000

U.S.Customs officials say they got a surprise when they found 316,000 glass bongs disguised as Christmas decorations at the Los Angeles harbor. The drug pipes were shipped from China and are estimated to be worth is more than $2.6 million. (Nov. 19)

Video: Award Winners Changing the World Through Tech

Thu, 19 Nov 2009 23:33:17 +0000

The Tech Awards is an international program honoring innovators from around the world who are applying technology to benefit humanity. This year's winners were announced Thursday in San Jose, CA. (Nov. 19)

Video: FAA: Computers Could Not Talk, Leading to Delays

Thu, 19 Nov 2009 22:34:34 +0000

Federal officials say flights were delayed across the country when a piece of communications equipment in Salt Lake City failed. This prevented air traffic control computers from talking to each other. The problem was later fixed. (Nov. 19)

Video: Nov. 19: Stocks Pummeled by Stronger Dollar

Thu, 19 Nov 2009 21:44:01 +0000

Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets like the dollar. (Nov. 19)

Video: AOL Offers Buyouts to 2,500 Workers

Thu, 19 Nov 2009 21:22:58 +0000

AOL, struggling to adapt to an advertising-driven economy, is looking to shed as much as 36 percent of its work force as it prepares to spin off from Time Warner next month. (Nov. 19)

Video: Money Minute: You've Got Job Cuts

Thu, 19 Nov 2009 20:32:06 +0000

AOL looks to cut a huge number of jobs, new unemployment claims hold steady and Sears posts a smaller loss. The AP's Mark Hamrick reports. (Nov. 19)

Video: Flight Computer Glitch Fixed, Air Delays Remain

Thu, 19 Nov 2009 18:04:29 +0000

The Federal Aviation Administration says a computer glitch lasting five hours led to flights around the country being delayed or canceled. The problem was fixed but travelers may still be held up as airlines adjust. (Nov. 19)

Video: FAA Computer Problem Causes Widespread Delays

Thu, 19 Nov 2009 14:34:56 +0000

The Federal Aviation Administration says widespread delays, cancellations in the U.S. are due to a flight plan computer problem. (Nov. 19)

Video: AP Top Stories

Thu, 19 Nov 2009 12:46:29 +0000

Here's the latest news for Thursday, Nov. 19: President Barack Obama heading back to Washington; Senate Dems unveil health care plan; Judge blames Katrina flooding on Army Corps of Engineers; Spacewalk for Space Shuttle Atlantis.

Video: Ex-crewmen: Company Wouldn't Rename Maersk Ship

Thu, 19 Nov 2009 01:23:18 +0000

The company that owns the Maersk Alabama, a freighter targeted by pirates twice in seven months, did not heed a request to rename, repaint or reroute the ship after the first attack off the coast of Africa in the spring, former crew members say. (Nov. 18)

Video: Stock Market Falls As Home Construction Slows

Wed, 18 Nov 2009 23:03:31 +0000

An unexpected drop in home construction and disappointing forecasts from tech companies added to worries about the economic recovery.(Nov. 18)

Video: Best Buy Opens Door on Green Building

Wed, 18 Nov 2009 22:42:05 +0000

There are few places more electric than your neighborhood Best Buy store. Stocked full of the latest gadgets, almost everything uses power. But now Best Buy is pushing to conserve as much energy as possible with an all new store design.(Nov. 18)

Video: Money Minute: New Home Construction Slips

Wed, 18 Nov 2009 20:14:12 +0000

Construction of new homes takes a tumble in October, Hershey looks to expand its candy empire and Thanksgiving travel plans. The AP's Mark Hamrick reports. (Nov. 18)

Video: Subaru Tops Safest Cars List

Wed, 18 Nov 2009 18:44:03 +0000

The Insurance Institute for Highway Safety has named 27 vehicles as winners of their top safety pick award for the 2010 model year.( Nov. 18)

Video: Nov. 17: Stocks Hit 13-month Highs

Tue, 17 Nov 2009 22:02:21 +0000

Higher commodity prices lifted energy and materials stocks Tuesday and major stock indexes managed to post new 13-month highs. (Nov. 17)

Video: Ford Fusion Named Motor Trend Car of the Year

Tue, 17 Nov 2009 21:20:08 +0000

The Ford Fusion is Motor Trend magazine's car of the year. (Nov. 17)

Video: AP Top Stories

Tue, 17 Nov 2009 21:19:05 +0000

Here's the latest news for Tuesday November 17th: Obama meets with Chinese president; Geithner gives global economic outlook; Shuttle Atlantis searches for any launch damage; Greinke wins AL Cy Young award.

Video: Obama Admin. Sets Sights on Financial Fraud

Tue, 17 Nov 2009 20:59:44 +0000

Attorney General Eric Holder and Treasury Secretary Timothy Geithner announce the creation of joint task force to combat financial crimes. (Nov. 17)

Video: Money Minute: Home Depot More Upbeat

Tue, 17 Nov 2009 20:23:32 +0000

Home Depot raises outlook, Costco says "no Coke" and builders' steady mood. The AP's Mark Hamrick reports. (Nov. 17)

Video: Ship With 100 Tourists Stuck in Antarctic Ice

Tue, 17 Nov 2009 19:28:24 +0000

A Russian icebreaker carrying more than 100 tourists, scientists and journalists on a cruise around Antarctica was struggling to free itself from sea ice about 5 miles from clear water on Tuesday, a shipping company said. (Nov. 17)

Video: Pharmaceuticals See Big Money in Vaccines

Tue, 17 Nov 2009 18:17:34 +0000

Consumers clamoring for swine flu vaccine have given pharmaceutical powerhouses one more reason to jump into the once-anemic vaccine business. (Nov. 17)

Video: Change the Package, Avoid the Taxes?

Tue, 17 Nov 2009 12:27:16 +0000

A simple marketing twist and a tax loophole could be saving tobacco companies hundreds of millions in taxes. The AP's Faryl Ury reports. (Nov. 17)

Video: Raw Video: Aboard Madoff's Yacht, Up for Auction

Mon, 16 Nov 2009 22:16:37 +0000

A vintage 55-foot yacht named 'Bull' and other vessels belonging to imprisoned financier Bernard Madoff are headed for the auction block. The proceeds will go to investors in Madoff's Ponzi scheme. (Nov. 16)

Video: Money Minute: GM Readies Government Repayment

Mon, 16 Nov 2009 19:40:05 +0000

General Motors reports improving fortunes, volatile retail sales and UPS says holiday-season business is up from last year. The AP's Mark Hamrick reports. (Nov. 16)

Video: GM Reports $1.2B Loss, Says It Shows Progress

Mon, 16 Nov 2009 13:53:05 +0000

General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in previous quarters and a sign that the auto giant is starting to turn around its business. (Nov. 16)

Video: Money Minute: Trade Gap Widens

Fri, 13 Nov 2009 20:05:32 +0000

The nation's trade gap gets bigger, J.C. Penney raises the outlook and the world's largest cruise ship docks in Florida. The AP's Mark Hamrick reports. (Nov. 13)

Video: Raw Video: World's Largest Cruise Ship

Fri, 13 Nov 2009 16:42:05 +0000

The world's largest cruise ship, Royal Caribbean's "Oasis of the Seas" arrives at Port Everglades, Florida. Five times larger than the Titanic, it has 2,700 cabins and can accommodate 6,300 passengers and 2,100 crew members. (Nov. 13)

Video: BA Chief Touting Iberia Merger

Fri, 13 Nov 2009 15:46:32 +0000

The chief executive of British Airways is pushing the merger agreed with Iberia. Willie Walsh denies that the proposed deal agreed late Thursday would mean any increase in fares or reduction in standards. (Nov 13)

Video: Money Minute: Jobs Summit Planned

Thu, 12 Nov 2009 20:52:22 +0000

President Barack Obama announces a summit to tackle high unemployment, a fresh check of the job market and a video game smash hit. The AP's Mark Hamrick reports. (Nov. 12)

Video: Fed: Banks Need Owner Consent on Overdraft Fees

Thu, 12 Nov 2009 19:35:38 +0000

Consumers may have to give their approval before banks can charge them large overdraft fees stemming from ATM and debit card use.(Nov. 11)

Video: Nov. 11: Stocks Rise As Dollar Dictates Trading

Wed, 11 Nov 2009 22:39:41 +0000

The stock market has resumed its advance as a weak dollar and improvements in China's factories boosted hopes for an economic recovery. (Nov. 11)

Video: There's Gold in That Thar Gold!

Wed, 11 Nov 2009 21:45:57 +0000

Gold prices rose to a new record of $1,114 an ounce Wednesday, confounding expectations that even the $1,000 level wouldn't hold. (Nov. 11)

Video: Money Minute: Macy's on the Rebound?

Wed, 11 Nov 2009 20:47:46 +0000

Long-struggling retailer Macy's raises its outlook, the Treasury Secretary addresses dollar weakness and are there more drug ads in store for the Internet? The AP's Mark Hamrick reports. (Nov. 11)

Video: Money Minute: Macy's on the Rebound?

Wed, 11 Nov 2009 20:09:14 +0000

Long-struggling retailer Macy's raises its outlook, the Treasury Secretary addresses dollar weakness and are there more drug ads in store for the Internet? The AP's Mark Hamrick reports. (Nov. 11)

Video: Tech Test: BlackBerry Storm2 a Big Improvement

Wed, 11 Nov 2009 19:50:30 +0000

When it was unveiled last year, Research In Motion's first touch-screen smart phone, the Storm, got a few things right but was generally a chore to use. The latest version of the BlackBerry device, Storm2, is the one it should have released. (Nov. 11)

Video: Raw Video: First Lady 'gets to Sesame Street'

Wed, 11 Nov 2009 19:06:09 +0000

First Lady Michelle Obama appeared on the children's TV show "Sesame Street" on Tuesday, to mark its 40th anniversary, and to promote the benefits of growing and eating your own vegetables. (Nov. 11)

Video: Nov. 10: Dollar Gains As Risk Appetite Cools

Tue, 10 Nov 2009 21:53:30 +0000

Investors cooled their buying of stocks and commodities, pausing from a surge that carried major stock indexes to their highest levels in more than a year. (Nov. 10)

Video: Money Minute: Home Sales Rise, Prices Fall

Tue, 10 Nov 2009 20:24:12 +0000

New figures show home prices falling, giving a lift to sales, a powerful Senator proposes a financial overhaul and FedEx sees surging holiday shipments. The AP's Mark Hamrick reports. (Nov. 10)

Video: Obama: 'We Were Dealt a Tough Hand' on Economy

Mon, 09 Nov 2009 23:34:34 +0000

President Barack Obama told ABC News that his administration was dealt a tough hand on the economy, but he's convinced he's doing everything he can. (Nov. 9)

Video: Nov. 9: Stocks Jump After G-20 Pledge

Mon, 09 Nov 2009 22:53:33 +0000

The Dow Jones industrial average has stormed to its highest level in more than a year. (Nov. 9)

Video: Strollers Recalled for Fingertip Amputations

Mon, 09 Nov 2009 22:46:55 +0000

About a million Maclaren strollers sold by Target and Babies "R" Us were recalled Monday, after 12 reports of children having their fingertips amputated by a hinge mechanism. (Nov. 9)

Video: Cadbury Rejects Kraft Bid As Not So Sweet

Mon, 09 Nov 2009 20:20:01 +0000

Cadbury has rejected a renewed $16.4 billion hostile bid from Kraft Foods after the company refused to sweeten a previous offer. (Nov. 9)

Video: Money Minute: Massive Stroller Recall

Mon, 09 Nov 2009 20:19:18 +0000

About a million strollers are being called because of risk to children, Kraft goes hostile on Cadbury bid and airlines do a better job getting there on time. The AP's Mark Hamrick reports. (Nov. 9)

Video: Philly Transit Workers End Strike

Mon, 09 Nov 2009 07:59:28 +0000

Gov. Ed Rendell says a transit strike that shut down Philadelphia's buses, subways and trolleys for nearly a week is over. (Nov. 9)

Video: Money Minute: Unemployment Rate Jumps

Fri, 06 Nov 2009 20:35:01 +0000

The unemployment tops 10 percent, homebuyers get tax credit extension and DVD price wars begin. The AP's Mark Hamrick reports. (Nov. 6)

Video: Labor Secretary Says Job Losses Are Slowing

Fri, 06 Nov 2009 19:06:00 +0000

Labor Secretary Hilda Solis says the worst of the job losses are behind and gives advice to job seekers. (Nov. 6)