KIMA - News - Business News http://www.kimatv.com/news/business RSS Feed for KIMA - News - Business en-us Sun, 11 May 2008 21:19:21 GMT Bad for Boeing? China to build its own jumbo jets http://www.kimatv.com/news/business/18845249.html China established a homegrown company Sunday to make passenger jumbo jets - a step forward in the country's quest to become less dependent on Boeing and Airbus. FedEx cuts 4Q profit forecast, blames fuel costs http://www.kimatv.com/news/business/18833894.html FedEx Corp. cut its fourth-quarter earnings expectations Friday, blaming continuing increases in fuel costs. The Memphis-based shipping company said it expects profits of $1.45 to $1.50 per share for the three months ended May 31, down from its previous prediction of $1.60 to $1.80 per share. March trade deficit drops more than expected http://www.kimatv.com/news/business/18830514.html The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending. Analysts forecast that trade would continue to be one of the economy's few bright spots this year. Guinness brewery to lay off over half its work force http://www.kimatv.com/news/business/18806534.html Guinness beer owner Diageo PLC rattled an Irish icon Friday, announcing plans to lay off more than half of its brewery workers, close two breweries and shift most production to a new, high-tech plant in the Dublin suburbs by 2013. Study pegs mom's market value at nearly $117,000 http://www.kimatv.com/news/business/18803289.html If a stay-at-home mom could be compensated in dollars rather than personal satisfaction and unconditional love, she'd rake in a nifty sum of nearly $117,000 a year. AMD tightlipped on company's future http://www.kimatv.com/news/business/18803159.html Grappling with major layoffs and a stock price that's been chopped nearly in half since last year, Advanced Micro Devices Inc. kept new details about its turnaround plans close to the vest Thursday in a very brief annual meeting with shareholders. Google execs hope for long-term ad deal with Yahoo http://www.kimatv.com/news/business/18802969.html Google Inc.'s top executives expressed hope Thursday that the Internet search leader will be able to form a potentially lucrative advertising partnership with Yahoo Inc. - a deal that would lower the odds of Microsoft Corp. renewing its attempts to buy Yahoo. Top 3 air carriers boost fuel charge by $20 roundtrip http://www.kimatv.com/news/business/18775834.html The three biggest U.S. carriers said Thursday they have again raised ticket prices, this time by $20 round trip, to recoup rapidly rising fuel costs. GM to pay up to $200M to help end American Axle strike http://www.kimatv.com/news/business/18772099.html General Motors Corp. says it will pay up to $200 million to help bring an end to a crippling labor dispute at parts supplier American Axle and Manufacturing Holdings Inc. Google looking golden again after challenging stretch http://www.kimatv.com/news/business/18766639.html On the eve of Google's annual shareholders meeting Thursday, the company looks stronger than ever. Its stock is hot again and Microsoft has scrapped its plans to buy Yahoo, with Google playing the spoiler's role.