Five more US bank failures bring total for 2009 to 120
New York - Bank failures in the United States have risen to 120 this year as five more regional institutions were added to the list, the US agency that guarantees the safety of bank deposits said. United Commercial Bank in San Francisco with assets o...
[Posted on :
2009-11-07 ] Category : [
US (Business) ]
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US stocks climb slightly despite double-digit jobless rate
New York - US stocks posted mild gains Friday to end the week as investors shrugged off government figures that put the unemployment rate above 10 per cent. The Labour Department said the jobless rate hit 10.2 per cent in the month of October, the hi...
[Posted on :
2009-11-06 ] Category : [
US (Business) ]
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US jobless rate jumps to 10.2 per cent
Washington - The US unemployment rate surged to 10.2 per cent in October as another 190,000 people lost their jobs, according to US Labour Department figures released Friday. The jobless rate stood at 9.8 per cent in September. Unemployment had been ...
[Posted on :
2009-11-06 ] Category : [
US (Business) ]
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Bulls stop James, edge Cavs - Summary
Los Angeles - The King couldn't deliver in the clutch. Luol Deng and Joakim Noah combined to deny LeBron James a potential game-winning drive in the final seconds as and the visiting Chicago Bulls snapped the Cleveland Cavaliers' three-game winning...
[Posted on :
2009-11-06 ] Category : [
US (Business) ]
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Starbucks earnings perk up
San Francisco - US coffee house giant Starbucks reported sharply higher earnings Thursday as it benefited from cost cuttings and a return of customers to its deluxe caffeinated offerings. The Seattle-based chain said it earned 150 million dollars in ...
[Posted on :
2009-11-06 ] Category : [
US (Business) ]
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Dow climbs back over 10,000 on upbeat economic data
New York - The Dow Jones Industrial Average surged more than 2 per cent on Thursday for its biggest gain since July, pushing the US index back above 10,000 points amid better-than-expected economic data on jobs and productivity. The Labour Department...
[Posted on :
2009-11-05 ] Category : [
US (Business) ]
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