Home » August 31st, 2011 Entries posted on “August, 2011”

UAW Ford workers ready to OK routine strike vote (Reuters)

Reuters – A vote by Ford Motor Co union workers to authorize a strike if negotiations between the United Auto Workers and Ford turn sour is well on its way to passage, union officials said on Wednesday.

August 31st, 2011 | Posted in Finance,Latest Business News | Read More »

US Dollar Climbs as Stocks Advance Ahead of ISM, NFPs

The greenback was higher at the close of North America trade with the Dow Jones FXCM Dollar Index (Ticker: USDollar) advancing 0.26% on the session. The gains come on the back of a mediocre performance in US equities that saw early gai…

August 31st, 2011 | Posted in Finance,Forex | Read More »

Obama to address Congress on jobs, date in conflict (Reuters)

Reuters – President Barack Obama on Wednesday picked September 7 to unveil new jobs proposals in a speech to Congress, but the top Republican lawmaker objected to the date, adding more political theater to a back-and-forth over the economy.

August 31st, 2011 | Posted in Finance,Latest Business News | Read More »

IMF sees 200 billion euro capital gap at European banks (Reuters)

Reuters – The International Monetary Fund has estimated European banks could face a capital shortfall of 200 billion euros ($287 billion), a European source said on Wednesday.

August 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Solar company that got federal loan shuts down (AP)

AP – A California solar-panel manufacturer once touted by President Barack Obama as a beneficiary of his administration’s economic policies — as well as a half-billion-dollar federal loan — is laying off 1,100 workers and filing for bankrup…

August 31st, 2011 | Posted in Finance,Latest Business News | Read More »

How the major stock indexes fared Wednesday (AP)

It was a quiet end to a wild month for financial markets.
Stocks edged higher for a fourth straight day Wednesday on a report that factory orders surged in July. The Dow Jones industrial average turned higher for the ye…

August 31st, 2011 | Posted in Finance,Stock Market | Read More »

Exxon-Russia oil deal unlikely to raise concerns (AP)

AP – An unprecedented deal that gives Russia’s state-controlled oil company part-ownership of U.S. oil fields is unlikely to be scuttled by political or national security concerns for a simple reason: Russia doesn’t need the oil.

August 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Exxon-Russia oil deal unlikely to raise concerns (AP)

AP – An unprecedented deal that gives Russia’s state-controlled oil company part-ownership of U.S. oil fields is unlikely to be scuttled by political or national security concerns for a simple reason: Russia doesn’t need the oil.

August 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Cities with highest, lowest unemployment rates (AP)

AP – Cities with highest, lowest unemployment rates

August 31st, 2011 | Posted in Finance,Latest Business News | Read More »

Unemployment rates for cities in the West (AP)

AP – Unemployment rates for cities in the West

August 31st, 2011 | Posted in Finance,Latest Business News | Read More »