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Latest News
Koenigsegg backs out of plan to buy Saab from GM
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From Associated Press
November 24, 2009 1:06 PM EST
DETROIT - A Swedish specialty automaker has backed out of a deal to buy Saab from General Motors Co., casting serious doubt on the future of the troubled brand.
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WASHINGTON - The summer's trend of rising home prices is ebbing as the traditional U.S. home shopping season ends, two reports Tuesday showed.
NEW YORK - Barnes & Noble on Tuesday posted a larger second-quarter loss than last year and lowered its profit forecast for this quarter in anticipation of weak holiday sales and high costs of launching its electronic book reader, the Nook.
SAN FRANCISCO - Hewlett-Packard Co.'s cost-cutting and push into new markets is helping soften the blow from weakness in the company's mainstay businesses.
NEW YORK - Gael Garcia Bernal calls his latest film "provocative." The Mexican actor says he knew what he was getting into when he chose to work on "Mammoth" with Swedish filmmaker Lukas Moodysson, whose previous films have covered such subjects as forced prostitution and amateur porn.
BRUSSELS - A doctor who discovered that a Belgian man had been wrongly diagnosed as vegetative says he is reexamining dozens of other cases.
LONDON - Juan Martin del Potro held on to beat Fernando Verdasco 6-4, 3-6, 7-6 (1) Tuesday in his second round-robin match of the ATP World Tour Finals.
BRIDGEPORT, Conn. - The attorney for a Sacred Heart University lacrosse player charged with helping two teammates sexually assault a woman says the accusations are a gross exaggeration of alcohol-fueled hijinks.
BARIYAPUR, Nepal - The ceremony began with prayers in a temple by tens of thousands of Hindus before dawn Tuesday. Then it shifted to a nearby corral, where in the cold morning mist, scores of butchers wielding curved swords began slaughtering buffalo calves by hacking off their heads.
WASHINGTON - The official uniforms for NBA players could soon be made in Asia. Sports apparel maker Adidas plans to end its contract with American suppliers and move production to a factory in Thailand.
ATLANTA - Celebrity chef Paula Deen got an unexpected serving of ham - across her face. The Food Network star was helping unload 25,000 pounds of donated meat for an Atlanta food bank on Monday when someone threw one of the hams like a football and accidentally smacked her.
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