CINCINNATI – Kroger Co. (KR) said Tuesday its first-quarter earnings rose 12 percent, beating Wall Street expectations by a wide margin, and the supermarket chain also boosted its fiscal 2005 profit guidance by 3 cents per share. Kroger shares climbed $1.06, or 6 percent, to $18.75 on the New York …
Read More »Palestinian Authority Executes Four Men
GAZA CITY, Gaza Strip – Palestinian authorities carried out their first executions since 2002 on Sunday, killing four convicted murderers in a campaign meant to halt a growing wave of lawlessness but which drew swift condemnation from human rights groups. The executions reflected the tough challenge that Palestinian leader Mahmoud …
Read More »Gov't Offers Incentives to Push Hybrid Cars
CHICAGO – With the average cost of a gallon of unleaded gasoline now at a near record, sales of hybrid vehicles have surged in growth. Yet their numbers still represent a blip on America’s roadways Lat year was a record year for the hybrid, with more than 80,000 vehicles sold. …
Read More »Court Overturns 'Dr. Chaos' Arson Conviction
MILWAUKEE – A federal appeals court threw out the arson conviction of a man who calls himself “Dr. Chaos,” (search) saying he should have been allowed to withdraw his guilty plea before being sentenced to 21 years in prison. Joseph Konopka (search) pleaded guilty in 2002 to six federal crimes, …
Read More »Experimental Vaccine Helps Prevent Shingles
NEW YORK – Retiree Norman Telleson didn’t know much about a painful skin rash called shingles (search) when he volunteered for a study of an experimental vaccine to prevent it. But he soon found out when he developed a mild case a year later. “Unless you’ve experienced it, you just …
Read More »Guests and Topics: Wednesday, June 8
See you weeknights in the No Spin Zone at 8 p.m. and 11 p.m. ET! Tonight … “The O’Reilly Factor” is on… Was Natalee Holloway (search) murdered while on vacation in Aruba with her high school class? While family, friends and residents of the tiny Caribbean island desperately search for …
Read More »U.S., Iraqi Forces Launch Operation Sword
BAGHDAD, Iraq – More than 1,000 U.S. troops and Iraqi forces on Tuesday launched Operation Sword (search) in an effort to defeat terrorists and foreign fighters in western Iraq (search). Operation Sword marks the third major offensive in the area in recent weeks as coalition and Iraqi forces attempt to …
Read More »Crude Price Jumps on Surprise Inventory Fall
LONDON – World oil prices climbed on Wednesday after U.S. government data showed a surprise fall in U.S. crude stocks as demand for refined products held strong. U.S. light crude futures (search) were trading 84 cents higher at $54.60 on the New York Mercantile Exchange (search) after brushing a session …
Read More »Warner Music Loss Narrows Amid Improved Sales
NEW YORK – Warner Music Group Corp. (WMG) said Monday that a weak dollar and improved sales of digital music helped narrow its second-quarter loss. Issuing its first quarterly report as a public firm, Warner Music, whose Elektra, Atlantic and Reprise record labels are home to artists such as Green …
Read More »Hughes to Hepburn Letters to Be Auctioned
DALLAS – Twenty-two telegrams that Howard Hughes (search) sent to Katharine Hepburn (search) during their brief romance in the late 1930s are going on the auction block. Dallas-based Heritage-Slater Americana is holding the auction of items associated with the reclusive billionaire, whose life of designing and flying planes and producing …
Read More »