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In Senegalese shoe capital, Chinese not welcome

August 2, 2012 1:50 am | by RUKMINI CALLIMACHI - Associated Press - Associated Press | News | Comments

It has taken generations for cobblers in this village to perfect the pointy-toed slippers once favored by local kings, and now considered an indispensable fashion accessory of well-dressed Senegalese men.It only took months for the Chinese to copy and mass produce the local design, making them...

Mass.-based Hologic plans to close Wis. plant

August 2, 2012 1:50 am | by The Associated Press | News | Comments

A Massachusetts company that makes medical devices says it plans to close a Wisconsin manufacturing plant in the next few years, eliminating 130 jobs.Hologic Inc. of Bedford, Mass., has informed the state of Wisconsin that it will close its Madison plant. Layoffs are expected to begin at the...

Russia's Gazprom Neft inks deals with Iraqi Kurds

August 2, 2012 1:50 am | by SINAN SALAHEDDIN - Associated Press - Associated Press | News | Comments

A Middle East subsidiary of Russia's Gazprom Neft has inked two oil deals with Iraq's self-ruled northern Kurdish region, becoming the fourth major oil company to enter into agreements with Iraqi Kurds that bypass the central government in Baghdad.The Kurds and the central government are at...

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BRAND PATROL

August 2, 2012 12:50 am | by The Associated Press | News | Comments

A sampling of the more bizarre examples of strict enforcement of branding restrictions against non-Olympic sponsors:Pimms, that quintessentially English liqueur, cannot be listed on any menus during the games, even at Wimbledon, where tennis is taking place and where Pimms is as traditional as...

Tentative settlement in Seattle-area trash strike

August 1, 2012 7:50 pm | by DOUG ESSER - Associated Press - Associated Press | News | Comments

A waste collection company and its striking drivers announced a tentative agreement Wednesday evening to end an eight-day walkout that has left bags spilling from trash cans in Seattle and nearby cities.Waste Management Inc. and Teamsters Local 117 said the agreement on a six-year contract came...

Economic development board endorses Apple deal

August 1, 2012 4:50 pm | by The Associated Press | News | Comments

The Nevada Board of Economic Development on Wednesday endorsed a deal negotiated by the state to lure Apple Inc. to Reno with $89 million in tax breaks, though the action was largely for show since the panel lacked the authority to change the agreement.Gov. Brian Sandoval called the deal a...

Tesoro Corporation Reports Second Quarter 2012 Results

August 1, 2012 2:50 pm | by The Associated Press | News | Comments

This article has been truncated. You can see the rest of this article by contacting http://www.reuters.com

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July Auto Sales: Toyota US sales rise 26 percent

August 1, 2012 2:50 pm | by The Associated Press | News | Comments

Toyota Motor Sales U.S.A. Inc. said Wednesday that U.S. July sales rose 26 percent from the same month a year ago on higher sales of its Prius and Rav4 models.BY THE NUMBERS: The Japanese automaker said it sold 164,898 vehicles in July 2012, up from 130,802 in July 2011.TOP SELLERS: Toyota said...

Conn. grants up to $14.5M would help Deloitte grow

August 1, 2012 2:50 pm | by The Associated Press | News | Comments

Gov. Dannel P. Malloy announced Wednesday that an audit and accounting firm is expanding operations at its three Connecticut sites, promising to create 500 jobs with state help potentially reaching $14.5 million.Deloitte and Touche, an audit, financial advisory, tax and consulting firm, will...

Toyota Recalling 778,000 RAV4 SUVs

August 1, 2012 2:50 pm | by The Associated Press | News | Comments

Toyota Motor Corp. said Wednesday it's recalling 778,000 RAV4 SUVs and Lexus HS 250h sedans in the U.S. to fix a suspension problem that could cause crashes.The company says if rear suspension nuts aren't tightened properly after a wheel alignment, the arms can rust and separate from the...

JetBlue: Roomier seats on small planes for a fee

August 1, 2012 2:50 pm | by The Associated Press | News | Comments

JetBlue Airways is offering a bit more room for some seats on its smaller Embraer E190 planes — for an extra fee.The airline said Wednesday that it converted 16 seats on each of the planes to "Even More Space" seats with 38 or 39 inches between seats.That distance, called "pitch" in the airline...

Norfolk Southern names new CFO in job swap

August 1, 2012 2:50 pm | by The Associated Press | News | Comments

Freight railroad operator Norfolk Southern Corp. said Wednesday that its chief financial officer and executive vice president of administration are swapping jobs.John P. Rathbone was named CFO and executive vice president of finance. James A. Squires moved into Rathbone's old job in...

Cirrus Logic names Schuele board chairman

August 1, 2012 2:50 pm | by The Associated Press | News | Comments

Cirrus Logic Inc. on Wednesday named director Al Schuele as chairman of its board.Schuele replaces Michael L. Hackworth, Cirrus Logic's co-founder, who died in April. The Austin, Texas company makes chips used in audio and energy products.Schuele was elected to Cirrus Logic's board in July...

Halozyme shares plunge on FDA safety questions

August 1, 2012 2:50 pm | by The Associated Press | News | Comments

Shares of Halozyme Therapeutics Inc. plunged Wednesday after the Food and Drug Administration raised questions about the safety of its drug ingredient that is being studied to help inject several medicines.The company said its partner Baxter received a response letter from the FDA about their...

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