Treasury secretary says markets are calmer now - AP - Sat 8:12 am ET
Treasury Secretary Henry Paulson said Friday that financial markets are "considerably calmer" now than they were two months ago. He predicted the economy will be rebounding by the second half of this year.

Rights activists in Peru condemn corporations - AP - Sat 8:07 am ET
Human rights activists "ethically and morally" condemned 24 European corporations on Friday, accusing them of environmental contamination, labor exploitation and selling dangerous pesticides in Latin America.

Cathay Pacific Airways considers cutting routes - AP - Sat 8:06 am ET
Cathay Pacific Airways might cut routes to help cope with surging fuel prices, its chief executive said. Tony Tyler said in an internal company newsletter, seen Saturday by The Associated Press, that the airline must focus on its most profitable markets, maximize use of fuel-efficient aircraft and cut unspecified routes if necessary.

Ex-Malaysian leader calls for ban on Halliburton - AP - Sat 8:05 am ET
Former Prime Minister Mahathir Mohamad on Saturday slammed the government's move to allow U.S. oilfield services provider Halliburton Co. to begin operating in Malaysia, saying the country doesn't need "blood money."

AOL sheds its brand to draw specialty audiences - AP - Sat 7:46 am ET
Unless you're looking carefully, you'll likely miss the fact that the new Asylum Web site for young men is a creation of Time Warner Inc.'s AOL. Same for WalletPop on personal finance, Spinner on indie music and StyleList on fashion.

AOL seeks growth in shift from mass site to niches - AP - Sat 7:44 am ET
A company rooted in bringing the Internet to the masses, AOL is shifting its focus toward serving niche audiences with the launch of dozens of specialty Web sites.

China says earthquake won't affect food prices - AP - Sat 7:41 am ET
Huge swathes of farmland were destroyed by the earthquake in central China, but the losses should not cause food shortages or big price hikes nationally, a senior official said Saturday.