Business News

DETROIT, Nov. 27 (UPI) -- A new Detroit daily newspaper has suspended publication after just one week, it announced Friday.

LONDON, Nov. 27 (UPI) -- An English lawyer says camera phones ought to be banned at Christmas parties because of the risk of lawsuits over violating fellow guests' privacy rights.

CHICAGO, Nov. 27 (UPI) -- Corn was higher but soybeans and wheat were lower at the close Friday on the Chicago Board of Trade.

Crude oil prices tumble on Dubai news ... U.S. markets close out Black Friday down ... Wal-Mart Canada wins union battle ... Consumer confidence in Europe up a touch ... News from United Press International.

LONDON, Nov. 27 (UPI) -- A survey finds four out of five Britons plan to do at least some of their Christmas shopping this year on the Internet.

NEW YORK, Nov. 27 (UPI) -- U.S. markets finished a short trading week lower Friday as investors reacted to a potential debt crisis in Dubai.

NEW YORK, Nov. 27 (UPI) -- Crude oil prices per barrel ended lower Friday, closing out the short week at $76.05, down $1.91, or 2.4 percent, on the New York Mercantile Exchange.

DUBAI, United Arab Emirates, Nov. 27 (UPI) -- A Dubai World spokesman said the investment company in the United Arab Emirates will face an assets review because of mounting debts.

TORONTO, Nov. 27 (UPI) -- The post-U.S. Thanksgiving shopping frenzy known as Black Friday is catching on among Canadian shoppers keen on finding Christmas bargains, analysts say.

WASHINGTON, Nov. 27 (UPI) -- A tax break for U.S. financiers up for debate in the House Ways and Means Committee is indefensible, but not ready for termination, a committee member said.

LONDON, Nov. 27 (UPI) -- British Prime Minister Gordon Brown said British banks should survive losses caused by a Middle East development company defaulting on $80 billion in debt.

OTTAWA, Nov. 27 (UPI) -- Wal-Mart Canada was within its rights to close a Quebec store after its workers voted to unionize, Canada's Supreme Court ruled Friday.

BEIJING, Nov. 27 (UPI) -- U.S. automaker Ford Motor Co. and Geely reached a key agreement in negotiations for the Chinese automaker to acquire the Volvo brand, a Geely spokesman said.

TORRANCE, Calif., Nov. 27 (UPI) -- Toyota Motor Corp. said it would make engine override brake systems standard following the recall of 3.8 million vehicles -- it's largest ever recall.

SEOUL, Nov. 27 (UPI) -- A South Korean wedding company says it is using the Internet to woo Chinese couples looking for better services than Chinese firms provide.