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ABC Business News
Unemployment Rate Rises to 9.6 Percent
Fri, 03 Sep 2010 11:25:08 -0400
Companies add 67,000 workers in August; unemployment rate climbs to 9.6 percent
First Medical Marijuana Commercial Airs
Fri, 03 Sep 2010 11:07:28 -0400
A decision by a Fox affiliate in California's capital to broadcast what is believed to be the first paid ad for a medical marijuana dispensary has caused hardly a stir, according to the station general manager and the advertiser.
Flimsy Rich: Luxury Foreclosures Up Big Time
Thu, 02 Sep 2010 15:07:10 -0400
While the pace of foreclosures has receded in the general housing market, it continues to rise in well-to-do pockets of the country, especially Southern California. In growing numbers, minor and major celebrities as well as ex-athletes are seeing their million-dollar homes revert to lender ownership, foreclosure analysts said
Dodgers' Divorce: Baseball Empire in Balance
Tue, 31 Aug 2010 11:34:52 -0400
The Los Angeles Dodgers is at the center of a nasty divorce case between Frank and Jamie McCourt, each claiming ownership of the team.
Magazine Staff Rebels After Editor's Suicide
Mon, 30 Aug 2010 16:57:36 -0400
The trouble at the Virginia Quarterly Review continued one month after its managing editor committed suicide, with the remaining staff members removing their names from the masthead and website after the embattled editor stepped in to complete the fall issue. The winter issue has been canceled.
Billionaire's Ex Defends Child Support Lawsuit
Mon, 30 Aug 2010 13:11:17 -0400
Jennifer Gold, ex-girlfriend of billionaire Donald Bren, told 'Good Morning America' that her two adult children deserved more of their father's fortune. The children recently lost a lawsuit for $130 million in back child support payments.
Resumes: Sample Template and Mistakes to Avoid
Mon, 30 Aug 2010 11:03:17 -0400
GMA workplace contributor Tory Johnson tells you how to avoid five resume mistakes that could leave your potential employer with a bad impression.
Key Questions for Getting Out of Debt
Sat, 28 Aug 2010 22:19:31 -0400
Ask the Right Questions, Get Out of Debt
Bernanke Promises Action
Mon, 30 Aug 2010 14:33:55 -0400
Ben Bernanke addressed the Kansas City Federal Reserve Symposium in Jackson Hole. The verdict: there's more work to be done.
Casket-Building Monks Battle State Bureaucracy
Fri, 27 Aug 2010 13:11:00 -0400
The legal fight between the coffin-making monks of St. Joseph Abbey and Louisiana's funeral industry looks like a classic mismatch.In one corner is the industry-dominated funeral regulatory board;In the other are the 35 Benedictine monks at the 121-year-old monastery.
The Big Business of Battling Bed Bugs
Wed, 25 Aug 2010 15:25:27 -0400
From New York's handsome prewar buildings to the low-slung homes of the U.S. heartland, bedbug infestations are translating into big bucks for pest control companies and retailers selling protection against them.
Food World's Big Secrets: What's in the Sauce?
Wed, 25 Aug 2010 16:24:07 -0400
Forget state secrets. Some of America's favorite foods are guarded like national treasures. Recipes are the stuff of corporate wars and family friction.
Bogus Discount Medical Plans Target Jobless
Thu, 26 Aug 2010 19:12:21 -0400
The skyrocketing cost of health care has made traditional health insurance increasingly unaffordable for many Americans. It's not surprising then, that medical discount plans have much appeal. They can be touted as an affordable alternative to health insurance. What can get lost in the translation though, is that a discount plan is no substitute for comprehensive medical insurance.
Americans' Economic Confidence Ticks up Slightly
Tue, 31 Aug 2010 16:29:27 -0400
Consumer Confidence Index ticks up to 53.5, but mood still gloomy amid job worries
Stocks Drop as Investors Enter Week Cautiously
Tue, 31 Aug 2010 08:57:17 -0400
Stocks fall as traders cautious ahead of monthly jobs report; personal spending inches higher
Oil Hovers Near $75 as Global Stocks Rally
Mon, 30 Aug 2010 04:58:10 -0400
Oil hovers near $75 in Asia after Bernanke comments boost global stock markets
Crews Prepare to Raise Failed Blowout Preventer
Fri, 03 Sep 2010 11:52:50 -0400
Crews prepare to raise failed blowout preventer, key piece of evidence in BP's oil spill
Service Sector Grows at Slower Pace in August
Fri, 03 Sep 2010 11:50:15 -0400
US service sector grew at a slower pace in August, but extends expansion streak to 8 months
Stocks Extend September Rally After Jobs Report
Fri, 03 Sep 2010 11:48:22 -0400
Stocks on pace to snap 3-week losing streak after encouring manufacturing, jobs data
Watch Those Gas Pumps; Prices Expected to Fall
Fri, 03 Sep 2010 11:47:05 -0400
Noticed falling gas prices? Analysts expect prices to drop as demand wanes in the fall
ABC Business News
MSNBC Business News
Stocks surge after jobs report offers hope
Fri, 3 Sep 2010 15:13:03 GMT
Traders work the trading floor of the New York Stock Exchange. Wall Street surged Friday after a relatively encouraging report on the jobs market lifted hopes about the pace of economic growth. Stocks extended their rally Friday after an encouraging report on jobs lifted hopes about the pace of economic growth.


Employers hire more workers than expected
Fri, 3 Sep 2010 15:36:22 GMT
Private employers hired more workers than expected in August, lifting hopes for the weak U.S. economy, but the nation’s unemployment rate rose for the first time in four months.
Life Inc.: Government cuts weigh on job market
Fri, 3 Sep 2010 14:59:32 GMT
Flirting your way to the corner office
Fri, 3 Sep 2010 11:39:57 GMT
To critics of office flirting, author Nicole Williams says "It's empowering. Flirting is one of many assets that you can work to get ahead." Flirting, after all, is one of the oldest tricks in the book. But how do you use it to your professional advantage without crossing the line or inviting unwanted advances?


Great Recession was emotional ‘roller coaster’
Fri, 3 Sep 2010 14:41:24 GMT
More than a quarter of employed U.S. workers suffered a bout of unemployment during the Great Recession that took many of them on an emotional roller coaster ride.
Kia moves to change its image, hamsters and all
Fri, 3 Sep 2010 15:47:03 GMT
The 2011 Kia Optima. With a new design director friom Audi, Kia is trying to transform its image from cheap-and-cheerful to trendy.To most Americans, at least to those who are aware of the brand, Kia is still associated with the cheap-and-cheerful products. That's an image the automaker is out to transform.


Kia recalls 56.000 Souls, Sorentos
Fri, 3 Sep 2010 15:49:50 GMT
Kia Motors says it has started a recall of some 56,000 Soul and Sorento vehicles sold in the United States and South Korea due to defective wiring harnesses that could cause fires.
Service sector grows for eighth straight month
Fri, 3 Sep 2010 15:09:31 GMT
The U.S. service sector, the nation's predominant job generator, expanded for the eighth straight month in August although the pace of growth slowed, according to a trade group survey.
Economic data show recovery still kicking, a bit
Thu, 2 Sep 2010 20:34:19 GMT
It was a glass-half-full day for economic data on Thursday ... sort of.  The upbeat news was tempered by worries about what Friday's unemployment report will say about the state of the labor market.
Low interest rates squeeze pension funds
Thu, 2 Sep 2010 14:29:40 GMT
The plunge in interest rates has put the nation’s public and private pension funds badly underfunded, leaving pension fund managers with a giant hole to fill.
Life Inc.: Proof that we can't work any harder
Thu, 2 Sep 2010 21:00:09 GMT
Builders of N.Y. mosque face financial hurdles
Thu, 2 Sep 2010 23:37:00 GMT
The developers planning to build a $100 million Islamic center near the World Trade Center site are nearly a quarter-million dollars behind on real estate taxes and late fees.
ABM to pay $5.8 million in harassment case
Thu, 2 Sep 2010 20:27:43 GMT
A large building-maintenance company will pay $5.8 million to settle a sexual harassment lawsuit brought by the government involving 21 Hispanic female workers.
Funk band War tells Pepsi they're not friends
Thu, 2 Sep 2010 22:10:01 GMT
The original members of War say they learned the 1975 hit was in the ad for Pepsi MAX only when the commercials launched in July.Members of the band War say they can't be friends with Pepsi. The band is suing for more than $10 million, saying it did not negotiate with them to use the song "Why Can't We Be Friends" in a commercial.


Oh snap! Carrot campaign mimics junk food
Thu, 2 Sep 2010 16:41:24 GMT
Baby carrot farmers are launching a campaign that pitches the little, orange, crunchy snacks as daring, fun and naughty — just like junk food. Baby carrot farmers are launching a campaign that pitches the little, orange, crunchy snacks as daring, fun and naughty — just like junk food.


Ferrari recalls 1,248 supercars after fires
Thu, 2 Sep 2010 18:06:47 GMT
Ferrari says it is recalling 1,248 of its “458 Italia” supercars, shown here at the Frankfurt Auto Show last year, after reports of fires breaking out in five of the luxury vehicles.Ferrari says it is recalling 1,248 of its “458 Italia” supercars after reports of fires breaking out in five of the luxury vehicles in several countries.


ConsumerMan: Beware of acai berry offers
Thu, 2 Sep 2010 15:55:04 GMT
Using bogus claims, fake testimonials and slick marketing tricks, companies have sold hundreds of millions of dollars worth of acai berry supplements. The exotic acai berry has been the superstar in the world of diet supplements. But the federal government is cracking down on false advertising claims and unlawful payment practices.


MSNBC Business News
BBC Business News
UN calls special food price talks
Fri, 03 Sep 2010 14:11:38 GMT
The United Nations' food agency calls a special meeting of policy makers to discuss the recent rapid rises in food prices.
US sees 54,000 jobs go in August
Fri, 03 Sep 2010 15:05:17 GMT
The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, official figures show.
HSBC threatens to quit London HQ
Fri, 03 Sep 2010 10:20:58 GMT
HSBC may quit its London headquarters if the UK government decides to break up big banks, a senior executive says.
BP says oil spill cost up to $8bn
Fri, 03 Sep 2010 14:28:42 GMT
BP says the cost of its Gulf of Mexico oil spill has risen to $8bn - a rise of more than $2bn in the last month alone.
UK builders and services falter
Fri, 03 Sep 2010 09:47:47 GMT
New data shows new construction orders contracted in the second quarter, while the services sector slowed sharply in August.
'Big drop' in alcohol consumption
Fri, 03 Sep 2010 10:50:14 GMT
Alcohol consumption has fallen faster than ever, figures from the British Beer and Pub Association suggest.
Europe agrees finance watchdogs
Thu, 02 Sep 2010 21:52:42 GMT
The European Union agrees to reform financial supervision, with new agencies to oversee banks, insurers and financial markets.
Chinese consider rival Potash bid
Fri, 03 Sep 2010 06:48:01 GMT
Chinese investors approach Canadian pension fund over a possible rival bid for the fertiliser giant Potash Corporation.
Andean gold in $3bn bidding war
Fri, 03 Sep 2010 06:57:04 GMT
Rival Canadian gold mining companies, Goldcorp and El Dorado, lock horns in a $3bn fight to buy up Andean Resources.
Burger King is sold for $3.26bn
Thu, 02 Sep 2010 16:51:38 GMT
Burger King is being sold to private equity firm 3G Capital in a deal valued at $3.26bn (£2.1bn), it has been announced.
Explosion on Gulf of Mexico rig
Fri, 03 Sep 2010 04:13:08 GMT
An explosion rips through an offshore oil rig in the Gulf of Mexico, west of the site of the blast in April that caused a huge oil spill.
Russia extends grain export ban
Thu, 02 Sep 2010 17:39:21 GMT
Russia will consider lifting its grain export ban only after the next year's harvest has been reaped, Vladimir Putin says.
German banker 'should be fired'
Thu, 02 Sep 2010 16:42:53 GMT
The German central bank calls on the country's president to dismiss one of its board members over comments he made about immigration and Jews.
Dell pulls out of battle for 3Par
Thu, 02 Sep 2010 15:49:13 GMT
Dell withdraws its bid for 3Par after rival Hewlett-Packard raises its offer for the data storage company to $2.1bn.
Shift in home loan availability
Fri, 03 Sep 2010 13:07:48 GMT
The cost of mortgages is continuing to fall and they are becoming more accessible to some borrowers, figures show.
Four power firms face sales probe
Thu, 02 Sep 2010 15:20:04 GMT
Four of the "big six" UK energy suppliers are to be investigated amid concerns of mis-selling to customers, the regulator says.
House prices fall again in August
Thu, 02 Sep 2010 08:44:18 GMT
House prices fell for the second month in a row in August, according to the Nationwide building society.
ECB ups eurozone growth forecasts
Thu, 02 Sep 2010 13:32:34 GMT
The European Central Bank raises its forecast for eurozone growth for this year and next year, and keeps interest rates on hold.
Mozambique prices 'irreversible'
Fri, 03 Sep 2010 02:10:45 GMT
The government of Mozambique says price rises which have led to deadly riots are "irreversible", as Maputo residents are urged to continue their protests.
Plans for more £5 notes in ATMs
Thu, 02 Sep 2010 14:33:20 GMT
All banks and building societies have put in place plans to begin dispensing £5 notes from the cash machines, a report reveals.
BBC Business News
Yahoo Business News
Wall St rises after payrolls data (Reuters)
Fri, 03 Sep 2010 14:50:25 GMT
Traders work on the floor of the New York Stock Exchange, August 31, 2010. REUTERS/Brendan McDermidReuters - Wall Street advanced on Friday after a better-than-expected jobs report lifted investor optimism on the economy but gains were checked after data showed services sector activity slowed.


Private hiring surprises with 67,000 new jobs (Reuters)
Fri, 03 Sep 2010 15:10:45 GMT
A home for sale is seen in Great Falls, Virginia August 23, 2010. REUTERS/Kevin LamarqueReuters - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth.


Campbell Soup profit beats Street but sales light (Reuters)
Fri, 03 Sep 2010 14:45:43 GMT
Cans of vegetable Campbell's Condensed Soup are stocked on a shelf at a grocery store in Phoenix, Arizona, February 22, 2010. Campbell's Soup Co has been having a tough time getting its soups from the store shelf to the home pantry. REUTERS/Joshua LottReuters - Campbell Soup Co posted lower-than-expected quarterly sales and forecast sales growth for the new fiscal year below its long-term target as the world's largest soup company grapples with a weak economy.


Obama says to address new economic ideas next week (Reuters)
Fri, 03 Sep 2010 14:53:05 GMT
President Barack Obama delivers remarks on the latest employment statistics released on Friday, alongside Treasury Secretary Tim Geithner in the Rose Garden of the White House, September 3, 2010. REUTERS/Jason ReedReuters - President Barack Obama on Friday said he would address a package of new measures next week to boost U.S. growth and hiring as he greeted the August job report as positive news.


Walgreen same-store sales miss expectations (Reuters)
Fri, 03 Sep 2010 13:15:04 GMT
Reuters - Walgreen Co posted weaker-than-expected August sales at stores open more than a year, hurt by generic drug introductions and a decrease in customer traffic.
Ex-hedge fund manager charged with insider trading (Reuters)
Wed, 01 Sep 2010 17:15:33 GMT
Reuters - A former hedge fund manager has been accused by a U.S. regulator of illegal insider trading in MedImmune Inc securities prior to the acquisition of the pharmaceutical company by Britain's AstraZeneca Plc.
White House: August jobs report reassuring (Reuters)
Fri, 03 Sep 2010 14:18:00 GMT
Reuters - The White House on Friday greeted a better than expected August employment report as reassuring news after a recent spate of "unsettling" economic data, and reiterated it was working with Congress to take additional steps to boost U.S. growth and hiring.
Summary Box: Campbell Soup 4th-qtr results (AP)
Fri, 03 Sep 2010 15:56:41 GMT
AP - SALES DOWN, PROFIT UP: The Campbell Soup Co. said Friday that its adjusted fourth-quarter profit was up 7 percent, even though its sales were down 1 percent.
Experts see trouble ahead for developed world (AP)
Fri, 03 Sep 2010 15:56:05 GMT
Israeli President Shimon Peres, center, arrives for the 'Intelligence on the World, Europe, and Italy' economic forum, at Villa d'Este, in Cernobbio, on Lake Como, Italy, Friday, Sept. 3, 2010. (AP Photo/Luca Bruno)AP - Is the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered a generally gloomy outlook — especially for the United States and much of the industrialized world.


Sirius XM Has a Stern Decision to Make (The Motley Fool)
Fri, 03 Sep 2010 15:43:02 GMT
The Motley Fool - Satellite-radio star Howard Stern is negotiating in public again.
Yahoo Business News
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