WRAL.com - AP Business News
WRAL.com - AP Business News
World stocks rise ahead of US employment report
Posted: 2 Sep 2010 at 9:00pm
World stock markets climbed as investors took heart from a slight improvement in U.S. economic indicators ahead of a crucial employment report due later Friday.
Jobs report may show rise in unemployment rate
Posted: 3 Sep 2010 at 2:00am
The unemployment rate may be about to rise again. Economists are bracing for a weak showing in the August employment report, which is scheduled to be released Friday.
Earl weakens but still powerful as it scoots by NC
Posted: 3 Sep 2010 at 12:45am
Hurricane Earl churned past the North Carolina Outer Banks and its powerful gusts and driving rains were starting to be felt in southeastern Virginia early Friday, the beginning of at least 24 hours of stormy, windy weather along the East Coast.
Miami airport evacuated when suspicious item found
Posted: 3 Sep 2010 at 1:54am
A passenger was detained and four of Miami International Airport?s six concourses were evacuated after a screener spotted something suspicious in a checked bag, authorities said.
Former egg farm workers say complaints ignored
Posted: 3 Sep 2010 at 3:18am
U.S. Agriculture Department employees worked full-time at two Iowa egg farms at the center of a salmonella outbreak and massive recall, but two former workers said they ignored complaints about conditions at one site.
Latest Gulf oil rig problem differs from BP spill
Posted: 3 Sep 2010 at 5:54am
Stark differences exist between the oil platform fire in the Gulf of Mexico and the blast that led to the massive BP spill. Most notably, no one was killed and no crude was gushing into the water, but the distinctions don?t end there.
Swedish bank Carnegie buys troubled competitor
Posted: 3 Sep 2010 at 4:41am
Swedish investment bank Carnegie AB Friday said it will buy competitor HQ Bank AB, which had its banking license revoked by the financial watchdog last week.
NZ tycoon unwraps packaging ambitions with US deal
Posted: 3 Sep 2010 at 12:23am
The reclusive New Zealand billionaire buying the U.S. maker of Hefty brand trash bags to create the world?s second-biggest packaging business started out as a tow truck driver and bounced back from the brink of bankruptcy more than a decade ago to become his country?s richest person.
Oil falls below $75 ahead of US jobs report
Posted: 3 Sep 2010 at 12:35am
Oil prices fell below $75 a barrel Friday in Asia as investors awaited a report on U.S. employment that will influence guesses about the strength of future energy demand from the No. 1 economy.
China orders action to cool food prices
Posted: 3 Sep 2010 at 12:56am
China has ordered local leaders to cool a surge in politically sensitive food prices by raising vegetable production amid rising tensions in poor countries over surging food costs.
