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Europe makes a stink about American cheese names PDF  | Print |  E-mail
Written by MARY CLARE JALONICK, Associated Press   
Wednesday, 12 March 2014 06:39

WASHINGTON (AP) — Errico Auricchio produced cheese with his family in Italy until he brought his trade to the United States more than 30 years ago. Now, the European Union is saying his cheese isn't authentic enough to carry a European name.

As part of trade talks, the EU wants to ban the use of names like Parmesan, feta and Gorgonzola on cheese made in the United States. The argument is that the American-made cheeses are shadows of the original European varieties and cut into sales and identity of the European cheeses.

Auricchio, president of Wisconsin-based BelGioioso Cheese Inc., says he has no idea what he would call his Parmesan if he had to find a new name.

"I Can't Believe It's Not Parmesan," he jokes.

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Strikes in Greece as austerity deal proves elusive PDF  | Print |  E-mail
Written by Associated Press   
Wednesday, 12 March 2014 06:35

ATHENS, Greece (AP) — A 24-hour strike by civil servants disrupted public services in Greece Wednesday as the country's government struggled to hammer out a deal on further austerity measures with international creditors.

The strike by public sector unions hit services at tax offices, local government and elsewhere. A protest march is planned in central Athens later in the day, while civil servants have penciled in another 48-hour strike on March 19-20.

Demonstrators gathered at two squares in central Athens, including cleaning staff fired by the Finance Ministry, who marched holding up buckets and mops.

The latest disruptions have come as negotiations with rescue lenders have dragged on for months, with the government reluctant to impose more economic pain in a country already exhausted by a six-year recession.

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Volvo earnings hit by new product launches, costs PDF  | Print |  E-mail
Written by Associated Press   
Wednesday, 12 March 2014 06:38

HELSINKI (AP) — Swedish truck maker AB Volvo enjoyed strong sales in the fourth quarter, but its earnings were hurt by extra costs linked to the launch of new products, write-downs and restructuring charges.

Net profit in the last three months of 2013 fell to 548 million kronor ($86 million), from 869 million kronor in the same period a year earlier. Sales rose to 76.6 billion kronor, from 70.8 billion kronor in 2012.

Describing profitability in the period as "unsatisfactory," the company said Wednesday it would continue cost-cutting measures during 2014, including 4,400 layoffs it had already announced, and will review its products portfolio.

Volvo said it expects a slight growth in overall demand, driven mainly by China and Europe, but added that 2014 will see a reduction in costs.


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$600,000 taken from safe at Osteen's megachurch PDF  | Print |  E-mail
Written by Associated Press   
Wednesday, 12 March 2014 06:14

HOUSTON (AP) — Authorities are investigating after $600,000 in checks and cash was stolen from a safe at Pastor Joel Osteen's Houston megachurch, which has one of the largest congregations in the country.

Police spokesman Kese Smith said Tuesday $200,000 in cash and $400,000 in checks were stolen from a safe sometime between 2:30 p.m. Sunday and 8:30 a.m. Monday.

The theft was reported Monday morning by a church employee and an off-duty sheriff's deputy who provides security at the facility.

No arrests have been made, Smith said.

Church officials declined to comment Tuesday.

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