Posted in Business on Aug 9th, 2007
NEWARK, N.J. – A tire importer said Thursday it would recall 255,000 Chinese-made tires it claims were defective because they lack a safety feature that prevents tread separation.
Â
The recall involves half the number of tires that the importer, Foreign Tire Sales Inc., had identified in June as possibly posing a risk.
The models involved are steel-belted [...]
Read Full Post »
Posted in Business on Aug 9th, 2007
SINGAPORE – Oil prices rose Thursday in Asia after a U.S. government report showed big declines in crude and gasoline stockpiles and an unexpected drop in refinery activity.
Â
Oil and gasoline futures in the previous session jumped immediately after the report’s release, too, but finally settled lower after a day of up and down trade.
Midmorning in [...]
Read Full Post »
Posted in Business on Aug 9th, 2007
DALLAS – Although Blockbuster Inc.’s Total Access program has been adding subscribers faster than Netflix Inc.’s DVD rental service, Netflix was able to tout that only it offered the ability to instantly download movies and TV shows to a computer. Not for long. Blockbuster said Wednesday it is buying the digital movie-download service Movielink, giving [...]
Read Full Post »
Posted in Business, Daily Updates News, News on Aug 4th, 2007
FALLON, Nev. – Two dairy farms have dumped milk after the discovery of a naturally occurring radioactive isotope in 25 nearby drinking water wells.
Â
Officials from Sorensen’s Dairy and Oasis Dairy said they will stop selling milk until it is tested for the isotope, polonium-210, by the Food and Drug Administration. Officials said there’s no known [...]
Read Full Post »
Posted in Business, Daily Updates News, News on Aug 4th, 2007
HONG KONG, Asian stocks closed mixed on Thursday with investors consolidating after an overnight rally on Wall Street provided some relief to a global sell-off sparked by concerns over the US housing market.
On the day anxieties appeared to have calmed with Tokyo typifying the mood with a gain of 0.67 percent. Taipei was up 0.66 [...]
Read Full Post »