Archive for category Business

Stock futures lower as Greek wait continues

In this Feb. 3, 2012 photo, trader Anthony Riccio, left, works on the floor of the New York Stock Exchange. Stocks were trading lower on Tuesday, Feb. 7,2012, as talks dragged on in Greece to agree the terms of a second bailout _ and avoid looming bankruptcy _ despite intense pressure from the country's euro partners. (AP Photo/Richard Drew)

NEW YORK (AP) — Stocks fell in morning trading Tuesday as investors once again turned their eyes to Greece, where talks dragged on over terms of new spending cuts.

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Congress OKs bill to prod US aviation into new era

WASHINGTON (AP) — After five years of legislative struggling, 23 stopgap measures and a two-week shutdown of the Federal Aviation Administration, Congress finally has passed a bill aimed at prodding the nation’s aviation system into a new high-tech era in which satellites are central to air traffic control and piloted planes share the skies with unmanned drones.

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Congress passes FAA bill that speeds switch to GPS

WASHINGTON (AP) — A bill to speed the nation’s switch from radar to an air traffic control system based on GPS technology, and to open U.S. skies to unmanned drone flights within four years, received final congressional approval Monday.

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Univision, Disney look at English news channel

MIAMI (AP) — Univision and Disney are in talks to create a 24-hour news channel for Latinos in English, two sources close to the negotiations said Monday.

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Hasbro 4Q net income down 1 percent

Toys by Hasbro are displayed in New York, Sunday, Feb. 5, 2012. Hasbro Inc.'s fourth-quarter net income dipped 1 percent, pinched by softer-than-expected demand in the U.S. and Canada. (AP Photo/Seth Wenig)

NEW YORK (AP) — It was a blue Christmas for Hasbro. The No. 2 toy maker said Monday that its fourth-quarter profit slipped 1 percent, pinched by softer-than-expected demand in the U.S. and Canada and slow sales of games and puzzles during the key holiday season.

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