WASHINGTON – The number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week, while continuing claims fell sharply. Full Story »
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This edition was generated on Thu Aug 13 08:45:01 EDT 2009
WASHINGTON – The number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week, while continuing claims fell sharply. Full Story »
LIUKUEI, Taiwan - The military deployed thousands more troops on Thursday to rescue and deliver supplies to survivors from remote Taiwanese villages devastated by last weekend's typhoon, but many criticized the government's response as insufficient and too slow. Full Story »
LOS ANGELES - The glittery glove that Michael Jackson wore when he unveiled his moonwalk on TV in 1983 is hitting the auction block. Full Story »
ANCHORAGE, Alaska - A 34-year-old man is in custody after authorities say he gave a teller his account number and showed her his picture ID before robbing an Anchorage bank. Full Story »
CHICAGO - Pedro Martinez returned to the majors with a win, pitching five innings and leading the Philadelphia Phillies over the Chicago Cubs 12-5 Wednesday night. Full Story »
INGLEWOOD, California (Reuters) - Inside an aging sports arena, where rows of dental chairs and a hospital smell have replaced the former Los Angeles Lakers basketball court, thousands of Americans are seeking free healthcare. Full Story »
WASHINGTON (Reuters) - Sales at U.S. retailers unexpectedly fell in July from June, a government report showed on Thursday, casting a shadow over an anticipated rebound in consumer spending in the third quarter. Full Story »
WASHINGTON (Reuters) - The Federal Reserve said on Wednesday the U.S. economy was showing signs of leveling out two years after the onset of the deepest financial crisis in decades and it moved to phase out one emergency measure. Full Story »
BEIJING (Reuters) - China, defending its controls on imported films and books, said on Thursday it may appeal a World Trade Organization ruling against its restrictions, continuing its sparring with Washington over trade access. Full Story »
MANILA (Reuters) - A battle pitting Philippine troops against Muslim guerrillas on a remote southern island killed at least 53 people, the military said on Thursday, but analysts said the clash is unlikely to have sidelined the rebels. Full Story »
CISHAN, Taiwan (Reuters) - Pressure mounted on Taiwan President Ma Ying-jeou on Thursday to speed up operations to rescue hundreds of residents of remote mountainous villages buried or stranded in the aftermath of typhoon Morakot. Full Story »
BANGKOK (Reuters) - Thai prosecutors started appeal proceedings on Thursday against a court's rejection of a U.S. request for the extradition of suspected Russian arms dealer Viktor Bout. Full Story »
ALMATY (Reuters) - Hundreds of Uighurs rallied in Kazakhstan's largest city Almaty on Thursday to mourn those who died in violent clashes in the neighboring Xinjiang region of China last month and to call for its independence. Full Story »
YANGON (AFP) - A US senator plans this week to become the first top American official to meet Myanmar's junta chief, his office said Thursday, days after the regime extended the detention of Aung San Suu Kyi. Full Story »
LOUISVILLE, Ky. – No sport rules the Bluegrass state like basketball and arguably no coach since Adolph Rupp has done more for hoops in Kentucky than Rick Pitino. Full Story »
NEW YORK – Wal-Mart Stores Inc. on Thursday reported second-quarter income virtually unchanged from a year ago, but results beat Wall Street expectations. Full Story »
NEW YORK - Shares of Citigroup Inc. rose nearly 8 percent Wednesday, outpacing gains among other financial stocks, amid a brighter outlook on the economy from the Federal Reserve. Full Story »
NEW YORK - Estee Lauder Cos. said Thursday it posted a fiscal fourth-quarter loss because of hefty restructuring charges and unfavorable exchange rates that dampened sales for the cosmetics and perfume company. Full Story »
BRUSSELS (AFP) - The economy of the 16 nations using the euro contracted by just 0.1 percent in the second quarter, as Germany and France unexpectedly emerged from recession, official EU data showed Thursday. Full Story »
LOS ANGELES - In the first paragraph of an Aug. 10 story about a mortgage fraud trial, The Associated Press reported that real estate agent Joseph Babajian was acquitted in the scheme, while two others were found guilty. The paragraph should have noted that Babajian was acquitted only of several charges. Full Story »
BENSALEM, Pa. - Apparel retailer Charming Shoppes Inc. said Thursday that it will sell its private label credit card program to Alliance Data Systems Corp. for about $110 million. Full Story »
It is heartening that much of the business press is coming around to my position that the residential real estate market is poised for a rebound. Full Story »
LONDON (AFP) - Oil prices rallied on Thursday on increased signs of economic recovery in the United States and Europe which could eventually boost weak energy demand, analysts said. Full Story »
NEW YORK (Reuters) - U.S. mortgage applications fell last week, reflecting a drop in demand for home refinancing loans as interest rates soared to their highest levels since June, data from an industry group showed on Wednesday. Full Story »
They're easy to overlook, with home prices plunging from Manhattan to Los Angeles and almost everywhere in between. But look at the smaller metros where housing bubbles never took shape, and you'll find some of today's strongest markets. Full Story »
Missing from Washington's health-reform discussion is a simple change that would make insurance more affordable for millions of the nation's smallest business owners by letting them fully deduct the cost of their health insurance premiums. Full Story »