Related topics

AP Financial News Summary at 6:45 p.m. EDT

August 27, 2006

Crash a Blow for Struggling Comair

%mlink(STRY:v8754; PHOTO:KYAB102-0827061136; AUDIO:06278229%)

ERLANGER, Ky. (AP) _ The fatal crash of a Comair regional jet Sunday morning dealt an emotional blow to a commuter airline trying to emerge from bankruptcy.

Wall Street Preps for More Economic Data

%mlink(STRY:v8759; PHOTO:NYRD102-0823061028; AUDIO:%)

NEW YORK (AP) _ Wall Street will finally get the data it has craved to help get a better handle on the economy and whether it has pulled back further than policy-makers wanted. In the next five days, some two dozen economic reports will be released _ including consumer confidence, job growth and manufacturing figures. Investors might even get a better clue about what Federal Reserve Chairman Ben Bernanke thinks of interest rates when minutes from the last Fed meeting are released.

Gas Prices Down 15 Cents Over 2 Weeks

%mlink(STRY:v8721; PHOTO:; AUDIO:%)

CAMARILLO, Calif. (AP) _ U.S. retail gas prices dropped 15 cents a gallon in the past two weeks, the sharpest decline in nearly a year, according to a survey released Sunday.

Industry Sees 2nd Tissue Scandal in Year

%mlink(STRY:v8764; PHOTO:NYOL702-0824061537; AUDIO:%)

It could have ended three years ago, when a leaky FedEx box containing an arm and legs turned up in Missouri. Or years before that, when a judge convicted him of embezzling money from the sale of a corpse that belonged to a medical school in California. But nothing stopped Philip Joe Guyett Jr. from moving steadily eastward, mining gold from the lucrative body parts trade.

Environmentalists: Condos Threaten Coast

%mlink(STRY:v8701; PHOTO:; AUDIO:%)

ENCINITAS, Calif. (AP) _ On a sandy bluff overlooking the Pacific, surfer Mark Massara sees a developing threat to a California amenity: guaranteed beach access for average families.

Chad Suspends 3 Ministers Over Oil Deals

%mlink(STRY:v8714; PHOTO:; AUDIO:%)

N’DJAMENA, Chad (AP) _ The president suspended the oil minister and two other Cabinet members who negotiated deals with two foreign oil firms that he ordered out of the central African country over a tax dispute, officials said Sunday.

FedEx Express, Pilots OK Tentative Deal

%mlink(STRY:v8666; PHOTO:; AUDIO:%)

MEMPHIS, Tenn. (AP) _ FedEx Express, operator of the world’s largest cargo airline, has reached a tentative agreement on a new contract with its pilots, the company announced Sunday.

EMC on Expansion Tear

%mlink(STRY:v8748; PHOTO:; AUDIO:%)

HOPKINTON, Mass. (AP) _ Dennis Hoffman has his suit jacket off and a blue marker in hand, ready to sketch his view of the massive transformation at EMC Corp. He begins by writing ``CIO.″

Ethanol Turned Into Food-Grade Alcohol

%mlink(STRY:v8743; PHOTO:; AUDIO:%)

AMES, Iowa (AP) _ Now that ethanol has become common in gas tanks, two Iowa State University professors are working to get it into martini glasses.

‘Invincible’ Wahlberg Movie Earns $17M

%mlink(STRY:v8726; PHOTO:NYSR102-0823061919; AUDIO:%)

LOS ANGELES (AP) _ Football season started early as Mark Wahlberg’s ``Invincible,″ a Walt Disney tale about a real-life walk-on who signed with the Philadelphia Eagles in the 1970s, debuted as the top weekend movie with $17 million.

Update hourly