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Electric car maker CODA files for Chapter 11

Submitted by Fox First at Ten on May 1st

By ROBERT JABLONAssociated Press LOS ANGELES (AP) - Electric car maker CODA Holdings Inc. filed for bankruptcy protection Wednesday after selling just 100 cars and said it plans to quit the auto business altogether. The Los Angeles-based parent of CODA Automotive filed for Chapter 11 bankruptcy

1st Chinese automaker in US to open Calif. plants

Submitted by Fox First at Ten on May 1st

By JOHN ROGERSAssociated Press LANCASTER, Calif. (AP) - The first Chinese-owned vehicle manufacturer in the United States unveiled ambitious plans Wednesday to eventually build as many as 1,000 plug-in electric buses a year at a refurbished RV manufacturing plant in a wind-swept, sage-dotted corner

EU aims to better protect bees from pesticides

Submitted by Fox First at Ten on April 29th

By RAF CASERTAssociated Press BRUSSELS (AP) - The European Union plans to restrict the use of three pesticides to better protect dwindling bee populations. The announcement Monday was cheered by environmentalists, disappointed chemical companies and came after the bloc's 27 nations failed to

Spending cuts may deep-six crucial flood gauges

Submitted by Fox First at Ten on April 25th

By SETH BORENSTEINAP Science Writer WASHINGTON (AP) - More than 100 crucial gauges that warn of imminent flooding or lack of needed water will be shut down starting next month as part of the federal government's automatic budget cuts. Some are in the nine states threatened with spring flooding

Drought eases in many places, fields turn to mud

Submitted by Fox First at Ten on April 25th

By DAVID PITTAssociated Press DES MOINES, Iowa (AP) - As spring rains soaked the central United States and helped conquer the historic drought, a new problem has sprouted: The fields have turned to mud. The weekly drought monitor report, released Thursday by National Drought Mitigation Center in

Hyundai Motor logs 15 percent drop in 1Q profit

Submitted by Fox First at Ten on April 25th

By YOUKYUNG LEEAP Business Writer SEOUL, South Korea (AP) - Hyundai Motor Co. said Thursday its first quarter net profit fell 15 percent as a labor dispute slowed car production in South Korea. The country's largest automaker said net profit fell to 2.1 trillion won ($1.9 billion) in the

A look at North Korea's military capabilities

Submitted by Fox First at Ten on April 25th

By SAM KIMAssociated Press SEOUL, South Korea (AP) - North Korea's military, founded 81 years ago Thursday, is older than the country itself. It began as an anti-Japanese militia and is now the heart of the nation's "military first" policy. Late leader Kim Jong Il elevated the military'

European recession hits major car makers

Submitted by Fox First at Ten on April 24th

By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) - Europe's stubborn recession cut deeply into profits at major automakers Ford, Volkswagen and Daimler, first-quarter results showed Wednesday as the industry began reporting earnings. Germany's Volkswagen AG said its first-quarter

Daimler profits slide in Q1 on European struggles

Submitted by Fox First at Ten on April 24th

By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) - Daimler AG warned Wednesday that profits this year would be lower than last year's as it reported a 60 percent slide in first-quarter earnings amid slumping auto sales in Europe. The maker of Mercedes-Benz luxury cars said net profit

NM slaughterhouse ground zero in horse debate

Submitted by Fox First at Ten on April 23rd

By JERI CLAUSINGAssociated Press ROSWELL, N.M. (AP) - About five miles from this southeastern New Mexico town's famed UFO museum, tucked between dairy farms, is a nondescript metal building that could be home to any number of small agricultural businesses. But Valley Meat Co. is no longer just