|
Today's Business Headlines
Saturday, Sept. 6, 2008
WASHINGTON — The nation's unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage the troubled economy is inflicting on workers and businesses alike. The Labor Department's report, released Friday, ...
 Read More
2 comment(s) / read/add comments |
Saturday, Sept. 6, 2008
By ALAN ZIBEL WASHINGTON — The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments.
Read More
0 comment(s) / read/add comments |
Saturday, Sept. 6, 2008
NEW YORK — As part of its new $300 million marketing campaign and image makeover, Microsoft Corp. plans to deploy its own customer-service representatives at retailers like Best Buy and Circuit City to help people with their personal computer purchases. The world's largest software c...
Read More
0 comment(s) / read/add comments |
Saturday, Sept. 6, 2008
For David Hair, a simple home refinancing turned into a nightmare. The Johns Island resident restructured his mortgage in late 2005 without problems, but when he began sending his monthly payments to Countrywide Home Loans, company representatives told him they had no record of his loan. <...
Read More
2 comment(s) / read/add comments |
Saturday, Sept. 6, 2008
 |
MOUNTAIN VIEW, Calif. — When Larry Page and Sergey Brin founded Google Inc. on Sept. 7, 1998, they had little more than their ingenuity, four computers and an investor's $100,000 bet on their belief that an Internet search engine could change the world. It sounded preposterous 10 years ago, but look now: Google draws upon a gargantuan computer network — including a secretive data processing hub near Goose Creek — nearly 20,000 employees and a $150 billion market value to redefine media, marketing and technology.
Read More
0 comment(s) / read/add comments |
Saturday, Sept. 6, 2008
Friday, Sept. 5, 2008
 |
NEW YORK — Conventional wisdom had long held that some industries would collapse if oil topped $100 a barrel. As oil neared $150, sending costs higher for everything from jet fuel to plastic jars, the question was how many companies would succumb.
Read More
0 comment(s) / read/add comments |
Friday, Sept. 5, 2008
NEW YORK — Dejected investors sent stocks plunging Thursday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery.
Read More
0 comment(s) / read/add comments |
Friday, Sept. 5, 2008
Boeing Co. aircraft assembly workers voted overwhelmingly late Wednesday night to strike for the second time in three years, but union leaders agreed to hold off on the walkout for 48 hours at the request of Washington Gov. Chris Gregoire and a federal mediator.
Read More
0 comment(s) / read/add comments |
Friday, Sept. 5, 2008
GAFFNEY — Two nuclear reactors Duke Energy Corp. is planning to build in Cherokee County could further deplete the drought-tightened water supply, an environmental group said Wednesday.
Read More
4 comment(s) / read/add comments |
Friday, Sept. 5, 2008
 |
WASHINGTON — Gasoline-powered lawn mowers that are a big cause of summertime air pollution will have to be dramatically cleaner under rules issued Thursday by the Environmental Protection Agency. The long-awaited regulations require a 35 percent reduction in emissions from new lawn and garden equipment beginning in 2011.
Read More
5 comment(s) / read/add comments |
Friday, Sept. 5, 2008
Just weeks ago, Berkeley County didn't have a full-service hospital, or even plans for one on the books. Now it could have two hospitals competing for patients within a matter of years. Roper St. Francis Healthcare unveiled plans Thursday to build a 50-bed hospital on land the company purchased this year in the yet-to- be-built Carnes Crossroads sub- division in Goose Creek.
Read More
1 comment(s) / read/add comments |
Thursday, Sept. 4, 2008
NEW YORK — By 6:30 p.m. every stool at the bar is taken. It's a Thursday night at the White Horse Tavern, a well-worn watering hole in the shadows of lower Manhattan's financial district, and the regulars have found a refuge.
Read More
0 comment(s) / read/add comments |
Thursday, Sept. 4, 2008
DETROIT — Nearly every major automaker saw its U.S. sales drop in August, but many are seeing signs that the worst slump in recent history may have bottomed out. Most upbeat were executives from General Motors Corp., which posted a 20.3 percent sales decline from a year ago but a 31 ...
Read More
0 comment(s) / read/add comments |
Thursday, Sept. 4, 2008
Wall Street finished mixed in fickle trading Wednesday, with investors still unsettled about the economy ahead of Friday's jobs report and only slightly relieved about sliding commodities prices.
Read More
0 comment(s) / read/add comments |
AP Business Special Features
|
|
Stock/Fund Quote Lookup
Use the tool below to get the latest stock quotes. Type the symbol or name of the company.
|
