Business News
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Santa Monica trailer park community threatened
Tweet Share on Facebook 2:53PM July 22, 2012 CommentSANTA MONICA, Calif. (AP) — Sandwiched between a brake shop, gritty industrial buildings and a few modest storefronts is a little neighborhood that time has seemingly forgotten.
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What helped the Dow index is now hurting it
Tweet Share on Facebook 1:05PM July 22, 2012 CommentNEW YORK (AP) — It's the granddaddy of stock indexes, a centenarian that is spritely for its age. Since a near fatal fall in March 2009, it's nearly doubled.
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House leaders wary of farm, postal bill showdowns
Tweet Share on Facebook 12:37PM July 22, 2012 CommentWASHINGTON (AP) — Senate-passed bills to cut farm subsidies and food stamps and overhaul the financially teetering Postal Service have been put on hold by House Republican leaders wary of igniting internal party fights or risking voters' ire three months before the election.
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Olympics bring longer Sunday shopping hours to UK
Tweet Share on Facebook 11:34AM July 22, 2012 CommentLONDON (AP) — The Olympics are bringing longer Sunday shopping hours to England.
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Greek premier, Bill Clinton discuss investments
Tweet Share on Facebook 5:33AM July 22, 2012 CommentATHENS, Greece (AP) — Former U.S. President Bill Clinton is meeting with Greek Prime Minister Antonis Samaras to discuss foreign investment in Greece.
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Eurozone crisis saves Germany tens of billions
Tweet Share on Facebook 2:51AM July 22, 2012 CommentBERLIN (AP) — Germany has emerged as one of the biggest beneficiaries of the European financial crisis.
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Marchers rally in Spain to protest unemployment
Tweet Share on Facebook 10:49PM July 21, 2012 CommentMADRID (AP) — Several hundred demonstrators have traveled to Madrid from many parts of Spain to protest the country's near 25 percent unemployment rate as well as the stinging austerity measures introduced by the government in a bid to avoid an international financial bailout.
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New lab working on security shoe sole to ID people
Tweet Share on Facebook 1:18PM July 21, 2012 CommentPITTSBURGH (AP) — High-tech security? Forget those irksome digital eye scans. Meet the biometric shoe.
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Business travel convention coming to Boston
Tweet Share on Facebook 12:59PM July 21, 2012 CommentBOSTON (AP) — As his company aims to emerge from Chapter 11 bankruptcy protection, the head of AMR Corp. and American Airlines Inc. will discuss the airline's restructuring and how it will affect business travel at a business travel industry convention.
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Putin signs protocol for Russia to join WTO
Tweet Share on Facebook 12:51PM July 21, 2012 CommentMOSCOW (AP) — Russian President Vladimir Putin has signed the protocol for the country to join the World Trade Organization, capping an accession process that took 18 years.
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Will Colo. economy turn purple state red or blue?
Tweet Share on Facebook 11:46AM July 21, 2012 CommentPUEBLO, Colo. (AP) — In this working-class city where steel was the economic muscle of the past and where harnessing the wind offers promise for the future, Cris Gillispie has seen jobs come and go. He's watched the ranks of unemployed grow and the anxiety index rise in the last few years, but he has some advice: Wait.
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Explosion shuts down oil pipeline in Turkey
Tweet Share on Facebook 10:43AM July 21, 2012 CommentANKARA, Turkey (AP) — An explosion and fire have shut down a pipeline that carries oil from Iraq to world markets, an official said Saturday. No one was hurt in the blast.
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Report: Finland scales back Batman campaign
Tweet Share on Facebook 10:28AM July 21, 2012 CommentHELSINKI (AP) — A broadcaster says the Finnish film industry has canceled large parts of its marketing campaign for the new Batman movie because of the killing of 12 people at a showing of the film in Colorado.
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ECB's Draghi: euro not in danger
Tweet Share on Facebook 9:58AM July 21, 2012 CommentBERLIN (AP) — The head of the European Central Bank said the euro is "absolutely not" in danger as the continent's financial crisis simmers, and insisted in an interview published Saturday that the multi-nation currency is "irrevocable."
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Bank failures in 4 states bring 2012 total to 38
Tweet Share on Facebook 9:22PM July 20, 2012 CommentWASHINGTON (AP) — Regulators closed two small banks in Georgia on Friday and one each in Florida, Kansas and Illinois, bringing to 38 the number of U.S. bank failures this year.
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DirecTV, Viacom fight to draw in channel punch-out
Tweet Share on Facebook 8:00PM July 20, 2012 CommentLOS ANGELES (AP) — Viacom and DirecTV fought a bruising bout over fees to a draw Friday and agreed to a long-term deal that ended a 10-day channel blackout.
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Online news venture NewsRight names interim CEO
Tweet Share on Facebook 7:15PM July 20, 2012 CommentNEW YORK (AP) — NewsRight, a company created by The Associated Press and newspaper publishers to track the unlicensed use of news stories on the Internet, said Friday that CEO David Westin is stepping down.
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Judge: Kleiner must fight lawsuit in open court
Tweet Share on Facebook 6:35PM July 20, 2012 CommentSAN FRANCISCO (AP) — One of Silicon Valley's oldest venture capital firms must fight a gender bias and retaliation lawsuit in open court, a judge ruled Friday.
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Report: US has fewest cattle in at least 4 decades
Tweet Share on Facebook 6:11PM July 20, 2012 CommentWICHITA, Kan. (AP) — A widespread drought that's forcing ranchers to sell off animals has helped shrink the nation's cattle herd to its smallest number in at least four decades.
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Hearings end, Duke Energy utilities probe still on
Tweet Share on Facebook 6:02PM July 20, 2012 CommentRALEIGH, N.C. (AP) — North Carolina utilities regulators said Friday they will continue their investigation into whether they were intentionally misled by executives and directors assembling the country's largest electric company.
