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For something so simple, pasta is serious business
ROME (AP) -- They twirled, they sniffed, they slurped, they chewed....
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Greek euro exit would be a recipe for hardship
ATHENS, Greece (AP) -- As Greece creaks under its untenable debt and a shrinking economy, the possibility that it could stop using the euro is becoming increasingly likely. The effects of such a move would be as quick as they would be brutal for ordinary Greeks, who would essentially take a 50-p...
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Yahoo kills 'Livestand' just 6 months after debut
SAN FRANCISCO (AP) -- Yahoo is killing a tablet magazine called Livestand just six months its debut on the iPad....
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Icahn spends $785M on Chesapeake Energy stake
NEW YORK (AP) -- Activist investor Carl Icahn is taking a stake in Chesapeake Energy Corp. and calling for at least four of company's directors to be replaced....
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Retail beef, chicken, pork prices still climbing
DENVER (AP) -- The money you're saving on gasoline may go toward buying steaks, ribs and chicken for the barbecue....
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More travelers to hit the road this Memorial Day
NEW YORK (AP) -- More Americans will hit the road this holiday weekend than a year ago. And they'll have a bit more money to spend thanks to lower gas prices....
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Sycamore not ready to pull trigger on Talbots deal
NEW YORK (AP) -- The women's clothier Talbots Inc. said Friday that a deadline expired without a deal in its exclusive talks about being acquired by a private equity firm and that it will actively pursue other options....
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Apple CEO Cook gives up $75M in stock dividends
NEW YORK (AP) -- Apple says CEO Tim Cook is giving up $75 million in dividends on restricted stock....
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Sugar fight takes another bitter turn
NEW YORK (AP) -- What defines sugar? It's getting to be a stickier question....
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German central bank head: Reform only crisis fix
PARIS (AP) -- The head of Germany's central bank says there is no quick fix for Europe's problems, calling appeals for more support from the European Central Bank and plans for investment in infrastructure a distraction from the hard work of reform....
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EU takes action against Argentina at WTO
BRUSSELS (AP) -- The European Union on Friday filed a suit with the World Trade Organization against Argentina, claiming the South American country stifles imports to protect its own industry....
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Bank of America, Barclays sell Archstone stake
NEW YORK (AP) -- Bank of America Corp. and Barclays Bank PLC are selling their stake in apartment building owner Archstone to Lehman Brothers Holdings Inc.'s bankruptcy estate for $1.58 billion....
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Top CEO pay equals 3,489 years for typical worker
WASHINGTON (AP) -- David Simon of Simon Property received a pay package worth more than $137 million for last year, and the typical CEO took home $9.6 million, according to an analysis by The Associated Press....
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On top of big salaries, companies pile on perks
In the small world of big CEOs, the perks can be spectacular....
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Typical CEO made $9.6M last year, AP study finds
NEW YORK (AP) -- Profits at big U.S. companies broke records last year, and so did pay for CEOs....
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Low wages test loyalty to Singapore ruling party
SINGAPORE (AP) -- Khamis Neshbahri earned a salary of 700 Singapore dollars ($550) a month when he began cleaning office buildings 11 years ago. His wages haven't budged since then while his cost of living has continued to climb....
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Texas farmers use business wile to weather drought
ELKHART, Texas (AP) -- Linda Galayda hauled water and flagged down truck drivers to ask about their hay. She sold calves and young cows and made her son leave their East Texas family ranch for a job in San Antonio....
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HK tycoon Lau rejects Macau corruption charges
HONG KONG (AP) -- Shares of a Hong Kong tycoon's property company tumbled Friday after he insisted he was innocent of bribery and money laundering charges filed by Macau prosecutors over a land deal in the Asian gambling hub....
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Alibaba.com $2.5B privatization bid approved
HONG KONG (AP) -- Chinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong-listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's destiny....
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Amazon.com drops affiliation with political group
OLYMPIA, Wash. (AP) -- Internet retailer Amazon.com Inc. is dropping its affiliation with a conservative political group, in part because of some of the positions the American Legislative Exchange Council has taken, a spokeswoman said Thursday....
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Morgan Stanley may refund some Facebook investors
NEW YORK (AP) -- Morgan Stanley, the lead investment bank in Facebook's troubled initial public offering, will compensate investors who overpaid when they bought Facebook's stock in Friday's IPO, according to a source familiar with the matter....
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Fox sues Dish Network over ad-skipping DVR service
LOS ANGELES (AP) -- Broadcaster Fox is suing Dish Network over a service that offers commercial-free TV....
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Times-Picayune to cut paper to 3 days a week
NEW ORLEANS (AP) -- The Times-Picayune, one of the nation's oldest newspapers, will no longer offer print editions seven days a week and instead plans to offer three printed issues a week starting in the fall. The change means New Orleans would become the largest metro area in the nation without...
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New Google data shows Microsoft's piracy problems
SAN FRANCISCO (AP) -- Google's Internet search engine receives more complaints about websites believed to be infringing on Microsoft's copyrights than it does about material produced by entertainment companies pushing for tougher laws against online piracy....
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Goldman's Blankfein gets a break
JERSEY CITY, N.J. (AP) -- For once, the spotlight wasn't on Goldman Sachs....
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