Chavez set to begin new round of cancer treatment

Venezuelan President Hugo Chavez checked in to a military hospital Saturday night to begin a third round of chemotherapy, this time getting the cancer treatment at home rather than Cuba.
Chavez walked into the Dr. Carlos Arvelo Military Hospital accompanied by his daughter Maria and aides. He said his treatment has been going well and aims […]

Asian markets edge up early

Asian stock markets opened Tuesday with modest gains, following leads in Europe and on Wall Street.
Japan’s Nikkei 225 rebounded from a five-month low on Monday by 0.2 percent to 8,647.62. South Korea’s Kospi recovered ground lost the day before, jumping 1.6 percent to 1,738.71. Australia’s S&P ASX 200 rose 0.8 percent at 4,113.20. Benchmarks in […]

Deere 3Q profit up 15 percent, outlook improves

Deere & Co. says third-quarter net income jumped 15 percent and it’s boosting its sales outlook for the year with global demand for its green and gold equipment remaining strong.
Deere said Wednesday that it generated $712.3 million, or $1.69 per share, in the quarter that ended July 31. That’s up from $617 million, or $1.44 […]

Gert weakens, Fernanda forms well away from land

Tropical Storm Gert continues to weaken as it heads northeast into the open waters of the Atlantic after skirting past Bermuda.
The storm’s maximum sustained winds had decreased to 40 mph (64 kph) as of late Tuesday morning. The U.S. National Hurricane Center in Miami says additional weakening is forecast and Gert will likely lose its […]

London’s top 2 police resign in UK hacking scandal

Britain’s spreading phone hacking and police bribery scandal forced two of London’s top police officers to resign in less than 24 hours and prompted Prime Minister David Cameron on Monday to call for an emergency session of parliament.
Scotland Yard chief Paul Stephenson stepped down Sunday night, followed out the door Monday by Assistant Commissioner John […]

Mattel 2nd-quarter net income jumps 56 percent

Strong sales of Barbie and toys tied into Disney/Pixar’s “Cars 2″ helped Mattel’s second-quarter net income rise 56 percent, the largest U.S. toy maker said Friday.
Net income for the three months ended June 30 rose to $80.5 million, or 23 cents per share, from $51.6 million, or 14 cents per share, last year. Analysts expected […]

Egypt fires 669 officers to cleanse police force

Egypt’s government, meeting a key demand by protesters, fired nearly 700 top police officers on Wednesday to cleanse the discredited and widely unpopular force, state television reported.
In another nod to demands by activists, Egypt’s military is delaying parliamentary elections initially expected to take place in September, Egypt’s state news agency said. The vote is now […]

Greek deputies to begin debate on austerity bills

Greek lawmakers begin debating new austerity plans Monday that must pass this week if the debt-ridden country is to receive the critical next installment of loans from its international bailout plan and avoid default.
The deeply unpopular spending cuts and tax hikes in a midterm austerity bill and an additional implementation law are expected to be […]

Checking accounts set for unwelcome transformation

Free checking accounts may be one step closer to extinction.
Regulatory changes to be issued July 21 are expected to sharply limit the fees that banks can collect from merchants whenever customers pay with debit cards.
An attempt to delay implementing the rule by a year was narrowly defeated this week, meaning banks will be looking in […]

Foreign debt doesn

OTTAWA — There are no limits to the amount of foreign debt financing that a Canadian telecommunications company can raise, a lawyer for the federal government argued Wednesday at a hearing on whether the parent company of Wind Mobile passes as Canadian.
The Federal Court of Appeal is hearing the case after a lower court ruled […]