[AP] – Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work.
[AP] – The stock market had its first winning week in a month thanks to better news on the economy. The Dow Jones industrial average jumped 128 points Friday, its fourth straight day of gains.
[AP] – Google says Texas Attorney General Greg Abbott is investigating whether its Web search rankings are fair. Google Inc. is facing increased scrutiny in Washington and Europe. Regulators and competitors fear that it has too much control over where people go online and how much advertisers pay to reach them.
[AP] – A UPS cargo plane with two crew members on board crashed shortly after takeoff Friday outside Dubai, officials said. The state news agency WAM, quoting the General Civil Aviation Authority, reported that the “bodies of two pilots” had been found at the scene, but UPS did not confirm that.
[AP] – The stock market had its first winning week in a month thanks to better news on the economy. The Dow Jones industrial average jumped 128 points Friday, its fourth straight day of gains.
[AP] – What now for the Gulf? News of another oil rig fire in the Gulf of Mexico, so soon after the BP oil spill, has set off a wave of anxiety along the Gulf Coast and prompted calls for the government to extend its six-month ban on deepwater drilling.
[AP] – Canada’s Goldcorp Inc. said Friday it has agreed to buy Andean Resources Ltd. for about 3.6 billion Canadian dollars , trumping a rival bid from Eldorado Gold Corp.
[AP] – Summer is rarely a hot sales season for Campbell Soup Co., and this year’s sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.
[AP] – Gasoline prices have been falling for weeks, and they could go even lower as autumn’s leaves begin to drop. The national average for a gallon of unleaded regular was $2.681 on Friday, according to AAA, Wright Express and Oil Price Information Service.
[AP] – Private employers hired more workers over the past three months than first thought, a glimmer of hope for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose because not enough jobs were created to absorb the growing number of people looking for work.