A look at some deadly earthquakes in Indonesia since 2000: — May 27, 2006: A magnitude-6.2 quake flattens homes and hotels near the ancient central city of Yogyakarta, killing more than 3,000 and injuring thousands more in the nation’s worst disaster since the 2004 tsunami. — March 28, 2005: A …
Read More »Earnings Give Stocks a Boost; Dow Hits Another 6-Year High
NEW YORK – U.S. stocks gained Tuesday, pushing the Dow Jones industrial average to close above 11,400 for the first time since early 2000, as a jump in oil prices boosted major energy shares and earnings topped forecasts. Click here to visit FOXBusiness.com’s Investing page. The Dow Jones industrial average …
Read More »As Gasoline Goes Up, U.S. Motorists Change Their Habits
LOS ANGELES – American motorists are making minor adjustments to their driving habits to ward off the sting of near-record retail gasoline prices, analysts said on Wednesday. A U.S. government report released Wednesday showed that gasoline demand growth over the past four weeks has slowed to zero as pump prices …
Read More »Chinese Docs Debate Surgery Options for Baby Born With Three Arms
SHANGHAI, China – Doctors in Shanghai on Tuesday were considering surgery options for a two-month-old boy born with an unusually well-formed third arm. Neither of the boy’s two left arms is fully functional and tests have so far been unable to determine which was more developed, said Dr. Chen Bochang, …
Read More »Protestors Greet Exxon Mobil Annual Shareholders Meeting
DALLAS – Shareholders of Exxon Mobil Corp. (XOM) gathered Wednesday for the oil company’s annual meeting while demonstrators wearing oil drums protested that the company is helping retard action against global warming. Shareholders were scheduled to take up several resolutions from dissident shareholders on environmental and executive compensation issues. Some …
Read More »Barry Bonds Hits 714th Home Run, Ties Babe Ruth's Career Tally
OAKLAND, Calif. – The agonizing wait is over for Barry Bonds. He and the Babe are even at 714. Bonds tied Babe Ruth for second place on the career home run list Saturday, ending a nine-game homerless stretch with a shot into the first deck of the elevated stands in …
Read More »Tony Blair to Meet With Bush About Iraq
CHICAGO – British Prime Minister Tony Blair is due in Washington to meet with President Bush just days after making a trip to Iraq to see new government leaders there, the White House announced Monday. White House spokesman Tony Snow did not provide details, such as which day the pair …
Read More »U.S. May Expand Border Fences
DOUGLAS, Ariz. – Much of this dusty city along the border is separated from Mexico by a fence consisting of 12-foot vertical metal bars, spaced inches apart to prevent illegal immigrants from squeezing through. Surveillance cameras are mounted on towers nearby, and Border Patrol agents posted hundreds of feet away …
Read More »Level 3 Communications Agrees to Acquire Telcove for $1B
BROOMFIELD, Colo. – Internet services provider Level 3 Communications Inc. (LVLT) on Monday agreed to acquire privately held TelCove Inc., a regional telecommunications company, for about $1.08 billion in cash and stock. Level 3, of Broomfield, Colo., will pay $637 million in shares and $445 million in cash. Level 3 …
Read More »Las Vegas Sands Wins Hotly Contested Singapore Casino License
SINGAPORE – Singapore on Friday awarded a hotly-contested license to build the city-state’s first casino to the U.S. casino operator Las Vegas Sands Corp. (LVS), owner of The Venetian in Nevada. The Singapore casino project could be the world’s costliest by the time it opens in 2009. Singapore last year …
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