http://www.local12.com/business/default.aspx LOCAL 12: Business and Financial News en-us Copyright 2008 Clear Channel Broadcasting. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Mon, 12 May 2008 05:00:01 GMT Tue, 13 May 2008 02:52:06 GMT Business News http://www.local12.com/sites/WKRC/images/Local12_DOT_COM150.jpg http://www.local12.com/business/default.aspx 115 150 15 http://www.local12.com/business/story.aspx?content_id=a2453706-5623-40e2-b6f2-19b8f4cbbf98&rss=34 http://www.local12.com/business/story.aspx?content_id=a2453706-5623-40e2-b6f2-19b8f4cbbf98&rss=34 Personal computer and printer maker Hewlett-Packard reportedly is nearing a deal to buy information technology services provider Electronic Data Systems for between $12 billion and $13 billion. Business News Mon, 12 May 2008 19:56:43 GMT http://www.local12.com/business/story.aspx?content_id=a1d07d9d-c818-4d3d-a062-1e20a8b299c1&rss=34 http://www.local12.com/business/story.aspx?content_id=a1d07d9d-c818-4d3d-a062-1e20a8b299c1&rss=34 Apple Inc. says its online stores in the U.S. and U.K. are sold out of the iPhone, a sign supplies are being winnowed ahead of the launch of the device's... Business News Mon, 12 May 2008 18:20:22 GMT http://www.local12.com/business/story.aspx?content_id=66457d62-c2e8-43ce-a83e-6ed555ed4765&rss=34 http://www.local12.com/business/story.aspx?content_id=66457d62-c2e8-43ce-a83e-6ed555ed4765&rss=34 Wachovia says its securities unit has received inquiries and subpoenas from federal and state regulators over auction-rate securities. Business News Mon, 12 May 2008 17:05:58 GMT http://www.local12.com/business/story.aspx?content_id=1b41d5f2-9f50-458a-9e64-27c7a4d10bff&rss=34 http://www.local12.com/business/story.aspx?content_id=1b41d5f2-9f50-458a-9e64-27c7a4d10bff&rss=34 Wireless carrier Sprint Nextel says it had a larger first-quarter loss as it continued to lose valuable monthly subscribers and had to pay for severance charges and other costs. Business News Mon, 12 May 2008 14:00:06 GMT http://www.local12.com/business/story.aspx?content_id=278fcaee-cc5b-41df-b1c9-74a596f5c94a&rss=34 http://www.local12.com/business/story.aspx?content_id=278fcaee-cc5b-41df-b1c9-74a596f5c94a&rss=34 Cablevision Systems Corp. says it is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million. Business News Mon, 12 May 2008 12:11:00 GMT http://www.local12.com/business/story.aspx?content_id=58824aa2-c5fc-435a-8587-ee81624b83e3&rss=34 http://www.local12.com/business/story.aspx?content_id=58824aa2-c5fc-435a-8587-ee81624b83e3&rss=34 A senior Toyota executive says plans for a new auto assembly plant in Mississippi are being delayed by worries about slumping American auto sales and a broader U.S. economic slowdown. Business News Mon, 12 May 2008 10:06:14 GMT http://www.local12.com/business/story.aspx?content_id=5e376717-d4b6-4335-af68-fd25a090c39a&rss=34 http://www.local12.com/business/story.aspx?content_id=5e376717-d4b6-4335-af68-fd25a090c39a&rss=34 An Italian company has agreed to buy the Aurora, Illinois-based power equipment manufacturer for $6.6 million. Business News Sun, 11 May 2008 15:48:55 GMT http://www.local12.com/business/story.aspx?content_id=db5e3085-d28e-40a8-b7f9-076ad9a6a77b&rss=34 http://www.local12.com/business/story.aspx?content_id=db5e3085-d28e-40a8-b7f9-076ad9a6a77b&rss=34 Circuit City Stores says it will allow video-rental chain Blockbuster, and its largest shareholder Carl Icahn, to review its books in connection with Blockbuster's bid to buy the consumer electronics... Business News Fri, 09 May 2008 20:00:49 GMT http://www.local12.com/business/story.aspx?content_id=4bf491f3-9277-46ba-867e-61721b5428ec&rss=34 http://www.local12.com/business/story.aspx?content_id=4bf491f3-9277-46ba-867e-61721b5428ec&rss=34 Citigroup says it wants to shed about 500 billion dollars in assets, while growing revenue by 9 percent over the next few years. It is trying to rebound from massive... Business News Fri, 09 May 2008 19:56:20 GMT http://www.local12.com/business/story.aspx?content_id=8ebb1db1-d4cf-49d8-a164-daba6d3006ec&rss=34 http://www.local12.com/business/story.aspx?content_id=8ebb1db1-d4cf-49d8-a164-daba6d3006ec&rss=34 Some workers employed by Ireland's Guinness beer company, parented by Diageo PLC may lose their jobs. Business News Fri, 09 May 2008 18:11:25 GMT