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Shipments of toy from China halted

Shipments of toy from China halted

Marvel Entertainment Inc., the publisher of Hulk comic books, halted shipments of Curious George toys from China because of possible lead contamination.

The toys will be recalled if tests confirm they are unsafe, the company said.

Union workers vote down Kroger pact

Supermarket workers in the Cincinnati region voted Wednesday to reject a new three-year contract from Kroger Co. that would have increased health insurance costs for employees.

Leaders of the United Food and Commercial Workers union had urged rejection of the offer, giving membership the authority to call a strike if future negotiations don't progress. Union leaders said the proposal by Cincinnati-based Kroger also offered subpar wage increases.

The union didn't release vote totals but said Kroger's offer was rejected by 98 percent of voters, and turnout was strong. Both sides will return to the bargaining table Monday, said Kroger spokeswoman Meghan Glynn. The company is disappointed by the vote, she said.

A contract that expired Saturday has been extended to Nov. 3, but either side could cancel it by giving four days notice.

Wal-Mart accused in Heelys patent suit

Wal-Mart Stores Inc. was sued by wheeled-footwear maker Heelys Inc., which alleges the retailer sells knockoff skates that violate a patent.

Housing expected to drop even more

This year's decline in existing home sales will be steeper than previously anticipated, a trade group for real-estate agents predicted.

The eighth downwardly revised forecast in a row from the National Association of Realtors calls for U.S. sales of existing homes to be 10.8 percent below last year as housing-market woes persist. Sales of new homes are expected to finish 2007 at the lowest level in a decade.

Hyundai to idle plant in Alabama

South Korea's Hyundai Motor Co. said it is shutting its auto plant in Montgomery, Ala., for 10 days in the fourth quarter amid sluggish demand. The plant, which makes the midsize Sonata sedan and the Santa Fe sport utility vehicle, was closed on Friday and will be closed this Friday and Oct. 19, with the remaining seven days yet to be scheduled.

BusinessWeek ends lifestyle coverage

BusinessWeek magazine is abandoning most lifestyle coverage and taking a more global approach to business news as part of a major overhaul to be revealed when its next issue appears.

Gone are executive travel, fashion and other soft topics, save for a wine column by noted critic Robert Parker.

Miller Brewing to get $70 million to settle

Ball Corp. said Tuesday it has agreed to pay Miller Brewing Co. about $70 million as part of a settlement of a contract dispute between its aluminum can manufacturing division and the nation's No. 2 brewer.

U.S. retains tariffs on some steel

In a victory for U.S. steel makers, the federal government agreed to continue tariffs on imports of certain steel products from China, India and four other nations.

General Motors Corp., Ford Motor Co., Chrysler and other steel consumers had opposed the tariff extension. But ending the tariffs would have increased steel imports, harming U.S. steel makers, said Alan Price, a lawyer for Nucor Corp. of Charlotte, N.C.

''China has a staggering amount of excess (steel production) capacity,'' he said.

The U.S. International Trade Commission extended the tariffs on hot-rolled steel from Indonesia, Taiwan, Thailand and Ukraine in addition to China and India, but eliminated them for Argentina, Kazakhstan, Romania and South Africa.

The United States uses about 60 million tons of hot-rolled steel to make autos, household appliances and many other goods.

Shipments of toy from China halted

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