KATU - News - Business http://www.kpic.com/news/business RSS Feed for KPIC - News - Business en-us Sat, 17 May 2008 04:17:43 GMT UAW, American Axle reach deal that could end strike http://www.kpic.com/news/business/19035524.html A bitter 80-day United Auto Workers strike against an auto parts maker that has crippled dozens of General Motors Corp. factories could be coming to an end soon with a tentative contract agreement reached Friday. Napa Valley vintner Mondavi dead at 94 http://www.kpic.com/news/business/19029154.html Robert Mondavi, the pioneering vintner who helped put California wine country on the map, died at his Napa Valley home May 16. He was 94. Mondavi died peacefully at his home in Yountville, Robert Mondavi Winery spokeswoman Mia Malm said. UPS bet on Big Brown pays off in brand exposure http://www.kpic.com/news/business/19010539.html Capitalizing on the buzz around thoroughbred racing's biggest event, UPS has inked a sponsorship deal with Kentucky Derby winner Big Brown, who was named in honor of the shipping giant known for its distinctive brown trucks and uniforms. GE confirms plans to exit appliance business http://www.kpic.com/news/business/19010419.html General Electric Co. said Friday that it plans to sell or spin off its iconic appliance business, which has provided refrigerators, air conditioners and ovens for millions of U.S. homes. Dairy farmers pamper cows to boost milk output http://www.kpic.com/news/business/19010299.html When it comes to comfort, Kirk Christie's cows have it all - a new barn, a flat-screen television and waterbeds. That's because of the dairy farmer's philosophy that a happy cow is a productive cow. More milk means more money, so Christie doesn't mind providing the frills. Senate votes to roll back media ownership rule http://www.kpic.com/news/business/19010129.html The Senate Thursday night voted to nullify a Federal Communications Commission rule that allows media companies to own a newspaper and a television station in the same market. Video game, accessory sales jump 47 percent in April http://www.kpic.com/news/business/19009989.html Americans spent $1.23 billion on video games, hardware and accessories in April, up 47 percent from a year earlier, even as the price of more essential items like food and gasoline soared. Nordstrom 1st quarter profit sinks 24 percent http://www.kpic.com/news/business/18991719.html Luxury retailer Nordstrom Inc. said Thursday its profit fell 24 percent in the first quarter, as recession rumblings in the U.S. crimped even wealthier consumers' shopping habits. Icahn vows to oust Yahoo directors in shareholder revolt http://www.kpic.com/news/business/18975274.html Billionaire investor Carl Icahn is setting out to oust Yahoo Inc.'s board of directors for "irresponsible" and "unconscionable" actions that led Microsoft Corp. to withdraw a $47.5 billion offer to buy the slumping Internet pioneer. CBS in $1.8 billion deal for online news site CNet http://www.kpic.com/news/business/18975104.html Media and entertainment company CBS Corp. is buying CNet Networks Inc., an online news and information provider, for $1.8 billion in cash in its latest bid to expand its reach on the Internet, the companies announced Thursday.