business
Dow closes below 10,000
NEW YORK – The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe. Shares of big banks pulled the m...
February 09, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Greece's debt load threatens eurozone
ATHENS , Greece – Is there any way out of Europe’s debt morass? Greece’s efforts to restore confidence in its finances have only called attention to its woes, and now investors ...
February 09, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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A man dumps a bag of trash at the town landfill in Bath, Maine, on Wednesday. The Kennebec River is in the background. Study: Discarded meds ending up in water supply
PORTLAND , Maine – The federal government advises throwing most unused or expired medications into the trash instead of down the drain, but they can end up in the water anyway, a study from...
February 08, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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U.S. Treasury Secretary Timothy Geithner, left, and England’s Chancellor of the Excheguer Alistair Darling share a laugh during a joint news conference at the G-7 Finance Ministers conference in the Canadian northern community of Iqaluit, Nunavut, on Saturday. G-7 seeks to calm global markets, sustain rebound
IQALUIT , Nunavut – Top finance officials of the seven major industrial countries sought to calm jittery markets by pledging Saturday to keep providing government aid to sustain a fledgling...
February 07, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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More migration equaling more economic stress
Christy Nameche moved with her family to Kendall County, Ill., in 2007, joining thousands of other hope-filled newcomers who made the county No. 1 in population growth in the nation that year. Nam...
February 07, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Automotive technician Raphael Mena works to correct a brake pedal recall on a Toyota Camry at the Toyota of Manhattan dealership in New York on Saturday. Toyota drivers pull in for repair; Prius fix looms
DETROIT – Responding to two recalls and facing the prospect of another one, Toyota dealers across the country were repairing thousands of cars Saturday, the first weekend day that many dri...
February 07, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Kelley Bryan checks her blueberry muffins after removing them from an oven during a cooking class at L’Ecole Culinaire chef training school, in Ladue, Mo. Bryan is hoping to re-enter the job market next year, retrained for a new career. She was laid off in February after more than 20 years as a secretary. Most recently, she worked at a public TV station. Frustrated job seekers call it quits
Many jobless people have reached a conclusion that captures the depth of the unemployment crisis: Looking for a job is a waste of time. The economy is growing. Yet it’s creating few jobs. Th...
February 07, 2010 01:00 AM | 0 0 comments | 2 2 recommendations | email to a friend
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Stock market pulls out of slump and ends week lower
NEW YORK – A battered stock market recovered from a sharp drop in late trading Friday but still posted its fourth straight weekly drop. The Dow Jones industrials, down nearly 170 points ...
February 06, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Beazer Homes nets $48 million profit
Homebuyers spurred by low interest rates and government incentives helped lift Beazer Homes USA Inc.‘s sales in the last three months of 2009, but the builder only turned a profit because ...
February 06, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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A visitor checks out Toyota Motor Corp.’s new Prius hybrid model on display at the Toyota museum in Toyota, central Japan, on Saturday. Toyota's hometown shocked by recall
TOYOTA , Japan — Even in its hometown, the great automaker has lost some of its mystique. Rising out of the barren winter rice fields of central Japan, this city of 400,000 people is probably the...
February 08, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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From left, Dale Cardwell stands with Sundial Plumbing owners Mitzi Smith and her father, Jack Smith, at the customer appreciation and facility rebirth celebration Thursday afternoon. Mitzi Smith has shattered the stereotype of the plumber by growing her business over the past decade to serve Cobb, Fulton and Cherokee counties. Female plumber shatters stereotype, expands service
MARIETTA – Traditionally, plumbing hasn’t been considered a woman’s profession. However, Mitzi Smith of Sundial Plumbing has gone far to change that by following in her father&...
February 01, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Federal Reserve Chairman Ben Bernanke is introduced before speaking at the The Economic Club of Washington in 2009. Fears about the outcome of the upcoming confirmation vote for Bernanke have raised the specter of a double-dip recession, in which a recovery is reversed. Fed vote raises economic fears
WASHINGTON – A defeat of Federal Reserve Chairman Ben Bernanke’s quest for another four-year term could raise the risk of a “double-dip” recession if political jousting o...
January 25, 2010 01:00 AM | 0 0 comments | 3 3 recommendations | email to a friend
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A customer at the Red Key Taven in Indianapolis lights a cigarette. The Food and Drug Administration is working to lift the smokescreen clouding the ingredients used in cigarettes and other tobacco products. FDA demands cigarette makers hand over formulas by June
RICHMOND , Va. – The Food and Drug Administration is working to lift the smokescreen clouding the ingredients used in cigarettes and other tobacco products. In June, tobacco companies must ...
January 19, 2010 01:00 AM | 0 0 comments | 5 5 recommendations | email to a friend
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David Brathcher smokes a cigarette at Satisfaction Restaurant & Bar in Durham, N.C. The restaurant sits inside a former tobacco warehouse. Miguel Estrada, a lawyer representing the tobacco industry, met secretly in mid-December 2009 with Solicitor General Elena Kagan in an effort to avoid a last-ditch attempt by the federal government to extract billions of dollars in payments from the companies that illegally concealed the dangers of cigarette smoking. Tobacco firms argue against billions in fines
WASHINGTON – Tobacco industry lawyers met secretly with Solicitor General Elena Kagan in an effort to avoid the government’s last-ditch attempt to extract billions from companies tha...
January 17, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Nissan Leaf The 5 hottest cars of the future
DETROIT – More than any auto show in recent memory, the new cars rolled out this week out at the Detroit auto show will redefine what we drive in the future. As the show opened to the publ...
January 17, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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A worker stands in front of containers at the Yangshan deep water port in Shanghai, China. China has overtaken Germany as the world’s biggest exporter after December exports rose 17.7 percent despite weak global demand. China becomes biggest exporter
BEIJING – Already the biggest auto market and steel maker, China edged past Germany in 2009 to become the top exporter, yet another sign of its rapid rise and the spread of economic power ...
January 11, 2010 01:00 AM | 0 0 comments | 3 3 recommendations | email to a friend
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Jessica Moore, third from left, editor and publisher of Teen Voices Magazine, listens to peer leaders and teen editors, from left, Agostinha DePina, 17, Reynelle Dickson, 16, and Sally Nguyen, 18, in Boston. Moore, 34, had been steadily employed since graduating from college more than 10 years ago. But last March, she found herself unemployed for the first time after her job as a Web site designer in New York was cut. Can't win for losing
Unemployed for nearly a year, David Becker was relieved to land a new job in information technology last summer. The offer carried a price, though: It was a lower-rung job than the one Becker had ...
January 10, 2010 01:00 AM | 0 0 comments | 3 3 recommendations | email to a friend
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A customer displays an Apple iPhone 3GS at an Apple store in Palo Alto, Calif. Apple said Tuesday it is buying the mobile advertising company Quattro Wireless. It’s a bet on the future of cell phone ads and steps up competition with rival Silicon Valley powerhouse Google. Meanwhile, Google has announced it’s releasing its own phone, the Nexus One, which one analyst calls ‘the closest thing to an iPhone challenger that I have seen so far.’ Not so friendly competition
MOUNTAIN VIEW , Calif. – The once-cuddly relationship between Google Inc. and Apple Inc. is morphing into a prickly power struggle as the ambitions and ideas of the technology trendsetter...
January 07, 2010 01:00 AM | 0 0 comments | 2 2 recommendations | email to a friend
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2 ships reported hijacked off Somalia
LONDON – A cargo ship and a chemical tanker have both been hijacked by pirates in the perilous waters off the coast of Somalia, bringing to four the number of ships seized in the past week...
January 03, 2010 01:00 AM | 0 0 comments | 3 3 recommendations | email to a friend
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