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US industrial production fell 1.2 percent

Submitted by Fox First at Ten on September 14th

By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - U.S. industrial production fell in August by the largest amount in more than three years as factories produced fewer cars and other manufactured goods and Hurricane Isaac triggered shutdowns along the Gulf Coast. Industrial production

Japan Cabinet panel urges ending use of nuke power

Submitted by Fox First at Ten on September 14th

By MARI YAMAGUCHIAssociated Press TOKYO (AP) - A Japanese Cabinet panel called Friday for phasing out of nuclear power over the next three decades in a major shift for Japan as it overhauls energy policy following the Fukushima meltdowns. Adopting the proposals would be a break with Japan's

Cabinet panel wants Japan to end nuclear power use

Submitted by Fox First at Ten on September 14th

By MARI YAMAGUCHIAssociated Press TOKYO (AP) - A Cabinet panel on Friday called for Japan to phase out nuclear power over the next three decades in what would be a major shift of national energy policy prompted by the Fukushima meltdowns. Reversing Japan's decades-long advocacy of nuclear

Lawyers: 'Pink slime' lawsuit an uphill climb

Submitted by Fox First at Ten on September 14th

By CHET BROKAW and GRANT SCHULTEAssociated Press LINCOLN, Neb. (AP) - Beef Products Inc. will face a steep climb in its "pink slime" defamation lawsuit against ABC News as the South Dakota-based meat processor works to rebuild its public image, legal experts say. BPI sued ABC News, Inc. for

Fiat to lay out investment plans in October

Submitted by Fox First at Ten on September 13th

By COLLEEN BARRYAP Business Writer MILAN (AP) - The Italian carmaker Fiat, which controls Chrysler, reiterated Thursday that it will provide details on future investments in Italian plants along with planned products rollouts when it presents its third-quarter results, amid growing domestic

ABC News sued for defamation over 'pink slime'

Submitted by Fox First at Ten on September 13th

By GRANT SCHULTE and KRISTI EATONAssociated Press NORTH SIOUX CITY, S.D. (AP) - Beef Products Inc. sued ABC News, Inc. for defamation Thursday over its coverage of a meat product that critics dub "pink slime," claiming the network damaged the company by misleading consumers into believing it is

Rain eases drought as Midwest corn harvest unfolds

Submitted by Fox First at Ten on September 13th

By JIM SUHRAssociated Press ST. LOUIS (AP) - Recent rainfall came too late to help to the nation's withered corn crop already being harvested in many parts, but it kept drought conditions from worsening in several key Midwest and Plains states and should help other crops still maturing in

BPI plans 'pink slime' defamation lawsuit

Submitted by Fox First at Ten on September 13th

By GRANT SCHULTEAssociated Press LINCOLN, Neb. (AP) - Beef Products Inc. plans to file a defamation lawsuit in the wake of a publicity storm over a meat product that critics have dubbed "pink slime." The Dakota Dunes, S.D.-based company said Wednesday that it will announce a lawsuit Thursday. A

At Ford, questions remain about life after Mulally

Submitted by Fox First at Ten on September 12th

By DEE-ANN DURBIN and TOM KRISHERAP Auto Writers DETROIT (AP) - The big question at Ford these days: What's next? The company has thrived under the charismatic leadership of Alan Mulally. But the sunny 67-year-old CEO who joined Ford six years ago appears close to retirement. Reports say he

Japan PM hints at nuclear-free energy policy

Submitted by Fox First at Ten on September 12th

By MARI YAMAGUCHIAssociated Press TOKYO (AP) - Japan's prime minister hinted Wednesday that the government will announce a gradual abandonment of nuclear power when it issues a new energy policy this week. News reports said the Cabinet has already agreed to the new policy. Yoshihiko Noda