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AP Business NewsBrief at 4:04 a.m. EST

AP
posted: 1 HOUR 49 MINUTES AGO
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Obama heads to Hill to push on health bill


WASHINGTON (AP) — President Barack Obama is paying a rare visit to Capitol Hill to urge Senate Democrats forward as they work through the weekend to try to resolve their differences on his sweeping health care overhaul. The president's planned appearance at a Senate Democratic caucus meeting Sunday afternoon answers appeals from a number of lawmakers eager for him to step in and help Senate Majority Leader Harry Reid, D-Nev., finish the job.

In Tuesday speech, Obama to promote new job ideas


WASHINGTON (AP) — In his latest job creation effort, President Barack Obama is trying to find practical and politically feasible ways of spurring hiring among skittish employers. Among the ideas expected in his economic speech Tuesday is an expanded program that gives people cash incentives to fix up their homes with energy-saving materials, senior administration officials have told The Associated Press. Obama is leaning toward new incentives for small businesses that hire new workers and new spending on roads, bridges and other public works, the officials said.

AP: Manufacturing areas lead surprise job comeback


CONOVER, N.C. (AP) — As record numbers of orders flow through Legacy Furniture Group's manufacturing plant, workers toil between towers of piled foam and incomplete end tables precariously stacked five pieces high. With a 10 percent sales growth this year, Legacy has quickly forgotten the recession's low point in March, when weak order volumes forced the company to implement four-day work weeks.

Scientists, lawyers mull effects of home robots


PALO ALTO, Calif. (AP) — Eric Horvitz illustrates the potential dilemmas of living with robots by telling the story of how he once got stuck in an elevator at Stanford Hospital with a droid the size of a washing machine. "I remembered thinking, `Whoa, this is scary,' as it whirled around, almost knocking me down," the Microsoft researcher recalled. "Then, I thought, `What if I were a patient?' There could be big issues here."

China approves Yanzhou bid for Felix Resources


BEIJING (AP) — Chinese regulators have approved a bid by state-owned Yanzhou Coal to take over Australian miner Felix Resources Ltd., the company said in a statement. The statement, posted Friday on the Hong Kong Stock Exchange, said China's National Development and Reform Commission issued an approval letter Thursday.

Chicken of the sea? Tuna farming getting a boost


KUMANO, Japan (AP) — Thousands of tuna, their silver bellies bloated with fat, swim frantically around in netted areas of a small bay, stuffing themselves until they grow twice as heavy as in the wild. Is this sushi's future? Tuna raised like chickens or cows?

Swedish store pulls plug on N. Korean jeans


STOCKHOLM (AP) — A Stockholm department store on Saturday removed a new line of North Korean-made designer jeans from its shelves, saying it wants to avoid courting controversy through ties with the isolated communist nation. The PUB department store's management had not been informed that the label would be carried in its space, and pulled the plug when it became aware of it, said Rene Stephansen, the store's director.

Group contends popular Zhu Zhu Pets toys unsafe


ST. LOUIS (AP) — A consumer group contends one of the holiday season's must-have toys is unsafe. But the maker of the robotic Zhu Zhu Pets hamsters defended its product Saturday against a study by San Francisco-based GoodGuide that said higher-than-allowed levels of the chemical antimony were found in the toy.

Saudi oil minister: oil prices 'perfect'


CAIRO (AP) — Saudi Arabia's oil minister said current global oil prices are "perfect," as several key OPEC members indicated the group was unlikely to change output levels when it meets later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last year's record 4.2 million barrels per day in cuts.

Obama shifts Copenhagen trip as prospects brighten


WASHINGTON (AP) — President Barack Obama is shifting the timing of his visit to an international climate summit in Copenhagen as prospects for a political agreement at the event seem more likely. The U.S., India and China all have specific proposals on the table for the first time, and world leaders are aiming for a deal that includes commitments on reducing emissions and financing for developing countries. They no longer expect to reach a legally binding agreement, as had long been the goal.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-12-06 04:04:31

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WASHINGTON (AP) _ President Barack Obama is paying a rare visit to Capitol Hill to urge Senate Democrats forward as they work through the weekend to try to resolve their differences on his sweeping health care overhaul. The president\'s planned appearance at a Senate Democratic caucus meeting Sunday afternoon answers appeals from a number of lawmakers eager for him to step in and help Senate Majority Leader Harry Reid, D-Nev., finish the job.