MiamiHerald.com: Business AP http://www.miamiherald.com/business/AP/index.html MiamiHerald.com: Business AP http://media.miamiherald.com/images/logos/rss_sitelogo.gif http://www.miamiherald.com/business/AP/index.html 140 25 News, sports and entertainment from MiamiHerald.com en-us Copyright 2008 MiamiHerald.com Business AP 60 Mon, 12 May 2008 08:18:46 EDT http://blogs.law.harvard.edu/tech/rss McClatchy Interactive's PubSys miamifeedback@miamiherald.com Person close to talks: Cablevision close to getting Newsday http://www.miamiherald.com/business/AP/story/529380.html http://www.miamiherald.com/business/AP/story/529380.html Mon, 12 May 2008 08:03 EDT Cablevision Systems Corp. is close to buying the Long Island newspaper Newsday from Tribune Co. for $650 million, a person with knowledge of the situation said Sunday. Stocks headed for moderately higher open as oil falls http://www.miamiherald.com/business/AP/story/529762.html http://www.miamiherald.com/business/AP/story/529762.html Mon, 12 May 2008 07:58 EDT U.S. stocks headed for a moderately higher open Monday as oil prices ticked lower and the dollar advanced. China's April inflation near decade-high levels http://www.miamiherald.com/business/AP/story/529612.html http://www.miamiherald.com/business/AP/story/529612.html Mon, 12 May 2008 07:44 EDT China's inflation rebounded in April to near decade-high levels, according to data released Monday, increasing pressure on Beijing to cool rapidly ascending prices and avert possible unrest ahead of the Summer Olympics. Australia's Westpac offers $14B for bank rival St. George http://www.miamiherald.com/business/AP/story/529779.html http://www.miamiherald.com/business/AP/story/529779.html Mon, 12 May 2008 07:41 EDT Westpac Banking Corp. said Monday it has approached rival St. George Bank Ltd. with a $14 billion takeover offer that could lead to the biggest shakeup of Australia's banking sector in years. IndyMac swings to 1Q loss, sees 2008 loss http://www.miamiherald.com/business/AP/story/529776.html http://www.miamiherald.com/business/AP/story/529776.html Mon, 12 May 2008 07:31 EDT IndyMac Bancorp says it swung to a first-quarter loss as deteriorating credit markets forced write-downs on the value of mortgage-backed securities. HSBC profits up despite $3.2 billion write-down http://www.miamiherald.com/business/AP/story/529767.html http://www.miamiherald.com/business/AP/story/529767.html Mon, 12 May 2008 07:16 EDT HSBC Holdings PLC said Monday that first-quarter profit was better than a year ago, despite a $3.2 billion write-down on subprime mortgage assets in the United States. Fujitsu quarterly profit down 40 percent http://www.miamiherald.com/business/AP/story/529769.html http://www.miamiherald.com/business/AP/story/529769.html Mon, 12 May 2008 07:16 EDT Japanese electronics maker Fujitsu on Monday reported nearly a 40 percent plunge in profit for the January-March quarter, largely on costs to restructure its computer chips operations. US health secretary: Chinese Heparin shipped to US now safe http://www.miamiherald.com/business/AP/story/529721.html http://www.miamiherald.com/business/AP/story/529721.html Mon, 12 May 2008 07:13 EDT A blood thinner manufactured in China and linked to dozens of deaths in the United States is now safe because of tighter testing and controls, a top American health official said Monday, while warning that all U.S. imports would face closer scrutiny in the future. MBIA slides to huge 1Q loss on hefty charges http://www.miamiherald.com/business/AP/story/529765.html http://www.miamiherald.com/business/AP/story/529765.html Mon, 12 May 2008 07:08 EDT MBIA is posting a large first-quarter loss, as the struggling bond insurer took heavy charges to write down the value of certain liabilities amid continued deterioration in the credit markets. AP Executive Morning Briefing http://www.miamiherald.com/business/AP/story/529761.html http://www.miamiherald.com/business/AP/story/529761.html Mon, 12 May 2008 06:51 EDT The top business news from The Associated Press for the morning of Monday, May 12, 2008: