US BUSINESS
Discounts spur surprising Aug. retail sales gains
NEW YORK (AP) — This year's back-to-school season isn't as big a bust for retailers as they feared — or as last year's — but it's not great either.By Anne D'Innocenzio, The Associated Press , September 02, 2010
Stocks move higher following jobs, housing reports
NEW YORK (AP) — Stocks rose Thursday, extending their gains from the day before, after reports on housing, manufacturing and jobs all indicated that the economy continues to grow.By Stephen Bernard, The Associated Press , September 02, 2010
Bernanke: Shut down banks if they threaten system
WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.By Nancy Gordon, The Associated Press , September 02, 2010
Stocks start new month with gains
NEW YORK (AP) — Stocks jumped Wednesday after surprisingly strong growth in U.S. and Chinese manufacturing allayed some of the worries that had been building over the global economy in recent weeks.September 02, 2010
Stocks end August with meager gains
NEW YORK — The stock market ended its worst August since 2001 with meager gains Tuesday after minutes from the latest Federal Reserve meeting showed officials’ increasing concern about the economy.By The Associated Press , September 01, 2010
Stocks end a brutal August with meager gains
NEW YORK (AP) — The stock market ended its worst August since 2001 with meager gains Tuesday after minutes from the latest Federal Reserve meeting showed officials’ increasing concern about the economy.By Bernard Condon, The Associated Press , August 31, 2010
Player’s hair insured for a million dollars
PITTSBURGH (AP) — Just call Troy Polamalu the man with the million- dollar hair. The long, flowing black hair that tumbles out of Polamalu’s helmet and down his back — it’s nearly three feet long — has been insured for $1 million by Head and Shoulders, the shampoo brand that is endorsed by the Pittsburgh Steelers safety.August 31, 2010
Stocks are lower, investors cautious
NEW YORK (AP) — Stocks are closing lower as the economy showed more signs of slowing.August 31, 2010
Government: Economy edges closer to stalling
WASHINGTON (AP) — As weak as it was, the economy turns out to have been even worse — closer than the government first thought to stalling out completely or even falling back into recession.August 28, 2010
Stocks open higher after GDP report
NEW YORK (AP) — Stocks are opening higher and bond prices are slipping after a reading on economic growth came in better than expected.August 28, 2010
Stocks slip as caution about the economy returns
NEW YORK — Stocks fell Thursday after early gains from a better report on jobless claims ebbed. The Dow Jones industrial average closed below 10,000 for the first time since early July.By By Stephen Bernard, The Associated Press , August 27, 2010
Seniors may have to switch drug plans
WASHINGTON (AP) — A plan by Medicare to try to make it simpler for consumers to pick drug coverage could force 3 million seniors to switch plans next year whether they like it or not, says an independent analysis. That risks undercutting President Barack Obama’s promise that people can keep their health plans if they like them.August 26, 2010
Stocks recover after home sales report
NEW YORK (AP) — Stocks recovered from an early slump and ended higher after traders picked through the market for beaten-down stocks.August 26, 2010
Duro is closing Hudson, Wis., plant; 63 jobs will be lost
HUDSON, Wis. — Duro Bag Manufacturing Company will close its facility here in mid-October and lay off 63 workers, according to Tim Young, the parent company’s vice president of human resources.By Doug Stohlberg and Judy Wiff, Forum Communications Co. , August 25, 2010
Recovery in danger as firms, homebuyers cut back
WASHINGTON (AP) — The economic recovery appears to be stalling as companies cut back last month on their investments in equipment and machines and Americans bought new homes at the weakest pace in decades.By Alan Zibel, The Associated Press , August 25, 2010
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