Food

California sells out of first pollution permits

By JASON DEARENAssociated Press SAN FRANCISCO (AP) - California sold out of the first pollution permits issued as part of a landmark offensive against greenhouse gases at an inaugural auction that regulators said Monday went smoothly. The effort to curtail carbon emissions involved the sale of

Twinkies maker Hostess lives at least another day

By CANDICE CHOIAP Food Industry Writer WHITE PLAINS, N.Y. (AP) - Twinkies will live to see another day. Hostess Brands Inc. and its second largest union agreed on Monday to try to resolve their differences after a bankruptcy court judge noted that the parties hadn't gone through the

US stocks rise on hopes for budget deal, Europe

By DANIEL WAGNERAP Business Writer The stock market finally shook its post-election slump. Investors seized on hope that Washington will reach a deal on the federal budget and drove stocks Monday to their biggest gain in two months. A pair of strong corporate earnings reports also helped. The

Twinkies likely to survive sale of Hostess

By TOM KRISHERAP Business Writer DETROIT (AP) - Twinkie lovers, relax. The tasty cream-filled golden spongecakes are likely to survive, even though their maker will be sold in bankruptcy court. Hostess Brands Inc., baker of Wonder Bread as well as Twinkies, Ding Dongs and Ho Ho's, will be