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AP Business

Washington Post launches 5th round of buyouts
WASHINGTON (AP) -- The Washington Post is launching another round of voluntary buyouts - its fifth in the last decade - in its shrinking newsroom....  Read Story.
Copper hits high for year on demand expectations
Copper prices hit their highest level in five months Wednesday on expectations that demand may pick up after China announced a plan to stimulate private sector growth....  Read Story.
28 more airports will test lower-hassle screening
WASHINGTON (AP) -- A new passenger screening program to make check-in more convenient for certain travelers is being expanded to 28 more major U.S. airports, the government said Wednesday. There w  Read Story.
Lawyer: cruise ship survivors to push for change
ROME (AP) -- A U.S. lawyer for compensation-seeking survivors of the Costa Concordia capsizing said Wednesday he will push for changes in maritime laws and technology to make the cruise ship indus  Read Story.
CVS Caremark 4Q profit rises, 2012 outlook climbs
Drugstore chain Walgreen's loss of a big client is turning into rival CVS Caremark's gain so far this year....  Read Story.
Toyota to expand Indiana plant, add 400 jobs
CHICAGO (AP) -- Toyota says it will expand its factory in Princeton, Ind., and add 400 jobs so it can build more Highlander SUVs....  Read Story.
Caesars IPO giving investors new out
LAS VEGAS (AP) -- An initial public offering of a tiny slice of Caesars Entertainment Corp. is allowing dozens of investors who bought into what once was the world's largest gambling company to ge  Read Story.
For college bound, a look at financial aid changes
NEW YORK (AP) -- The mad dash to cobble together college funding will soon be under way....  Read Story.
Summary Box: CVS Caremark 4Q profit rises
THE RESULTS: CVS Caremark Corp.'s fourth-quarter net income climbed nearly 4 percent. The company earned $1.06 billion, or 81 cents per share. Adjusted earnings were 89 cents per share, in line with t  Read Story.
Treasury raises $24 billion in 10-yr note auction
NEW YORK (AP) -- The U.S. government easily managed to sell new 10-year debt. With nervousness over ongoing talks in Europe for a second bailout of Greece, U.S. debt has been a safe haven for glob  Read Story.
Getting caffeine fix as easy as taking deep breath
CAMBRIDGE, Mass. (AP) -- Move over, coffee and Red Bull. A Harvard professor thinks the next big thing will be people inhaling their caffeine from a lipstick-sized tube. Critics say the novel prod  Read Story.
Summary Box: European agency wants A380 wing check
WING AND A PRAYER? Europe's air safety authority ordered checks on the entire global fleet of 68 Airbus A380 superjumbo jets for cracks on parts inside the wings - extending a previous order to inspec  Read Story.
Summary Box: French strike cancels many flights
GROUNDED: Air France canceled up to 40 percent of its long-distance flights Wednesday because of a strike by pilots and other personnel over their right to hold unannounced walkouts....  Read Story.
Euro rises to a 2-month high against dollar
NEW YORK (AP) -- The euro is rising against the dollar on speculation that Greek politicians will agree on a new cost-cutting plan....  Read Story.
FDA panel votes against Xgeva for prostate cancer
WASHINGTON (AP) -- A panel of cancer experts voted against a new use for Amgen's Xgeva in prostate cancer on Wednesday, saying the drug's ability to slow the spread of the disease did not translat  Read Story.
Oil prices rise after US supply report
NEW YORK (AP) -- Oil prices are higher Wednesday following government reports that U.S. supplies didn't grow as much as expected last week....  Read Story.
Caesars jumps 33 percent in 1st day of trading
NEW YORK (AP) -- Shares of casino operator Caesars Entertainment Corp. jumped 33 percent Wednesday in its first day of trading on the Nasdaq....  Read Story.
Nokia ends phone assembly in Europe, cuts jobs
HELSINKI (AP) -- Nokia Corp. plans to stop assembling cell phones in Europe by year-end as it shifts production to Asia and will cut another 4,000 jobs, its latest attempts to cushion itself from   Read Story.
Murdoch's company settles phone hacking lawsuits
LONDON (AP) -- Rupert Murdoch's News International has succeeded in settling nearly all the cases in the first wave of lawsuits against it for phone hacking, with a new round of apologies and payo  Read Story.
Summary Box: Sprint's fourth-quarter report
IPHONE IMPACT: Sprint started selling the iPhone in October, joining Verizon and AT&T. It's an expensive project for a company already losing money....  Read Story.


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