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- BP report blames itself, others for oil spill
By HARRY R. WEBER, MICHAEL KUNZELMAN and DINA CAPPIELLO 2010-09-08T13:04:36Z NEW ORLEANS (AP) -- Oil giant BP PLC laid much of the blame for the rig explosion and the massive Gulf of Mexico spill on itself, other companies' workers and a complex series of failures in an internal report released Wednesday before a key piece of evidence has been fully analyzed....
- BP shares gain after Gulf report
By JANE WARDELL and ROBERT BARR 2010-09-08T12:43:30Z LONDON (AP) -- Shares in BP PLC tracked slightly higher after the release of an internal report on the disastrous oil spill in the Gulf of Mexico that deflects much of the blame onto rig owner Transocean Ltd. and contractor Halliburton Co....
- Indian court upholds big tax bill against Vodafone
By ERIKA KINETZ 2010-09-08T13:06:05Z MUMBAI, India (AP) -- In a landmark ruling Wednesday, an Indian court said Vodafone Group Plc is liable for an estimated $2.6 billion in taxes for its 2007 acquisition of one of India's largest mobile phone companies....
- Oracle plans to give Hurd $950,000 annual salary
By 2010-09-08T13:14:47Z NEW YORK (AP) -- Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO, who was ousted by that company last month, is eligible for a fiscal 2011 bonus of as much as $10 million....
- AP Exclusive: Back to work after salmonella case
By MARY CLARE JALONICK 2010-09-08T12:46:56Z WASHINGTON (AP) -- The peanut industry executive whose filthy processing plants were blamed in a salmonella outbreak two years ago that killed nine people and sickened hundreds more is back in the business....
- Smithfield reports 1st-quarter profit
By 2010-09-08T12:22:25Z SMITHFIELD, Va. (AP) -- Smithfield Foods Inc. says higher selling prices for pork and improvement in hog market prices helped it return to a profit in its fiscal first-quarter....
- Obama to pitch trio of economic proposals in Ohio
By JULIE PACE 2010-09-08T11:45:35Z WASHINGTON (AP) -- Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives Wednesday and voicing unwavering opposition to Bush-era tax breaks for the wealthy....
- China blacks out towns to meet energy goal
By JOE McDONALD 2010-09-08T10:37:03Z BEIJING (AP) -- Chinese steel mills and mobile phone factories are being idled and thousands of homes in one area are doing without electricity as local governments order power cuts to meet energy-saving targets set by Beijing....
- China's Hu calls for stable ties with US
By CHARLES HUTZLER 2010-09-08T11:49:45Z BEIJING (AP) -- Trying to smooth over recently rocky relations before a visit to Washington, Chinese President Hu Jintao told American officials on Wednesday that he wants to see healthy and stable ties between the two countries....
- Stock futures inch higher ahead of open
By STEPHEN BERNARD 2010-09-08T12:41:51Z NEW YORK (AP) -- Stock futures rose slightly Wednesday as investors tried to brush off fresh worries about the health of European banks....
