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Swine flu keeps investors, businesses on edge

April 28, 2009 1:29 am | by JEREMIAH MARQUEZ - AP Business Writer - Associated Press | News | Comments

PARIS (AP) — The threat of a swine flu pandemic kept global businesses and investors on edge Tuesday, disrupting travel plans and sending stock markets down on fears the outbreak could worsen and cause more economic misery.Days after news of the deadly virus outbreak in Mexico, stocks of companies...

4-H facts

April 28, 2009 1:09 am | by The Associated Press | News | Comments

Facts about 4-H:— Six million youngsters enrolled in programs.— Founded in 1902 to provide better agricultural education for young people.— 4-H stands for Head, Heart, Hands and Health — its four values.— Only 12 percent of its participants live on farms.— The first youth program began in Ohio.—...

Local communities try to save struggling 4-H clubs

April 28, 2009 1:08 am | by JOHN SEEWER - Associated Press Writer - Associated Press | News | Comments

TOLEDO, Ohio (AP) — Cuts in state and county spending are threatening to shut down 4-H clubs in several states, leaving parents and supporters scrambling to fill the gap to keep programs going.Voters in one Ohio county will decide in May whether to approve a levy that will keep 4-H and other...

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Honda in red for 4Q, books profit for fiscal year

April 28, 2009 1:08 am | by JAY ALABASTER - Associated Press - Associated Press | News | Comments

TOKYO (AP) — Honda Motor Co. said Tuesday it overcame a large quarterly loss to book a fiscal year profit that was well above forecasts, and vowed to stay in the black for the current fiscal year.Japan's second-largest carmaker said it had a net loss of 186.16 billion yen ($1.94 billion) in the...

Chemicals maker DSM profit falls 92 percent in 1Q

April 28, 2009 12:38 am | by The Associated Press | News | Comments

AMSTERDAM (AP) — Chemicals maker DSM NV reported a 92 percent decline in net profit for the first quarter on Tuesday, as demand for its industrial products evaporated amid the global economic downturn, although its nutrition business proved more recession-resistant.Net profit was euro13 million,...

NTT DoCoMo's annual profit falls 3.9 percent

April 28, 2009 12:38 am | by The Associated Press | News | Comments

TOKYO (AP) — NTT DoCoMo Inc., Japan's top mobile phone carrier, said Tuesday its annual net profit slipped 3.9 percent to 471.9 billion yen ($4.9 billion) as the recession hit sales of handsets.The company sold 20 million handsets during the fiscal year ended March 31, down 21.8 percent...

Daimler reports 1Q loss of nearly euro1.3 billion

April 28, 2009 12:38 am | by The Associated Press | News | Comments

FRANKFURT (AP) — German auto maker Daimler AG reported a big first quarter loss on Tuesday and doubled its cost-saving target for 2009 as the global economic crisis weighed heavily on demand for its cars and trucks.The net loss of euro1.29 billion ($1.7 billion) in the January-March period compared...

Finland's March unemployment at 8.3 percent

April 28, 2009 12:18 am | by The Associated Press | News | Comments

HELSINKI (AP) — Finland's unemployment rate continued its rise last month, to 8.3 percent, and the government on Tuesday warned of tougher times ahead.Statistics Finland said the rate was up from 6.8 percent in March 2008 and 7.6 percent in February this year. The employment ministry warned it...

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Dutch telecom KPN reports dip in 1Q earnings

April 27, 2009 11:57 pm | by The Associated Press | News | Comments

AMSTERDAM (AP) — Royal KPN NV, the Dutch telecommunications company, said Tuesday first quarter net profit fell 5.3 percent because of a fall in demand at its IT services arm, which helps companies build and maintain their computer networks.Net profit was euro317 million ($413 million), down from...

Irish airline Aer Lingus issues profit warning

April 27, 2009 11:32 pm | by SHAWN POGATCHNIK - Associated Press Writer - Associated Press | News | Comments

DUBLIN (AP) — Irish airline Aer Lingus issued a profit warning Tuesday, telling shareholders that its losses this year will be worse than previously forecast and setting the stage for a likely new round of job cuts.In a statement to the Irish Stock Exchange, Aer Lingus said it was shaking up its...

BP 1Q profit is $2.56 billion, reversing 4Q loss

April 27, 2009 11:26 pm | by The Associated Press | News | Comments

LONDON (AP) — BP PLC, the second-largest European oil company, said Tuesday that it returned to profit in the first quarter, beating analysts' forecasts by earning $2.56 billion as oil prices recovered modestly and the company's refining and marketing business bounced back.The first quarter net...

Finnair posts Q1 loss of euro19 million

April 27, 2009 10:41 pm | by The Associated Press | News | Comments

HELSINKI, (AP) — Finnair PLC on Tuesday posted a first-quarter net loss of euro18.6 million ($24.4 million) and warned that slumping demand will mean it will likely post a full-year deficit too.Last year, the national carrier made a euro3 million net profit from January to March.Like other airlines...

Deutsche Bank returns to profit in 1Q

April 27, 2009 10:15 pm | by The Associated Press | News | Comments

FRANKFURT (AP) — Deutsche Bank AG, Germany's biggest bank, said Tuesday that it returned to a profit in the first quarter on a solid improvement in revenue after suffering big losses last year.The Frankfurt-based bank said net profit for the January-March period came in at euro1.2 billion ($1.56...

Swine flu fears keep world markets under pressure

April 27, 2009 9:35 pm | by JEREMIAH MARQUEZ - AP Business Writer - Associated Press | News | Comments

LONDON (AP) — World stock markets fell Tuesday but relatively strong U.S. consumer confidence and housing data helped limit swine flu-related losses.The FTSE 100 of leading British shares closed down 70.61 points, or 1.7 percent, at 4,096.40 while Germany's DAX fell 86.65 points, or 1.9 percent, to...

US farmers, ranchers push for greater Cuba access

April 27, 2009 9:30 pm | by BECKY BOHRER - Associated Press Writer - Associated Press | News | Comments

NEW ORLEANS (AP) — The farm lobby is using President Barack Obama's easing of some travel restrictions to Cuba as an opportunity to push for increased sales of rice, meat, vegetables and other goods to the island nation.Congress cleared the way for Cuba to buy U.S. agricultural commodities in 2000....

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