More volatility seen with hurricane, payrolls
NEW YORK (Reuters) - Wall Street is set for another volatile week after the Labor Day holiday, as investors track the price of oil, key economic data and continued fallout from the credit crisis.
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2008-08-29 ] Category : [
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Lenders mulling new offer in Alabama debt standoff
BIRMINGHAM, Alabama (Reuters) - Alabama's Jefferson County and lenders pulled back from the brink of a threatened bankruptcy filing on Friday after the county proposed restructuring $3.2 billion of soured sewer debt.
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2008-08-29 ] Category : [
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Boeing machinists union says members should strike
CHICAGO (Reuters) - Boeing Co's largest labor union said on Friday it would advise its members to reject the company's final contract proposal, a move that could set the stage for a crippling labor strike next week.
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2008-08-29 ] Category : [
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Palin, drilling advocate, spars with oil companies
NEW YORK (Reuters) - Alaska Gov. Sarah Palin is seen as a strong advocate for opening new areas to oil drilling, including the Arctic National Wildlife Refuge, but has taken a hard line in negotiations with oil companies and raised taxes on the state's energy producers.
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2008-08-29 ] Category : [
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Boeing machinists union to ask members to strike
CHICAGO (Reuters) - The International Association of Machinists, Boeing Co's largest labor union, said on Friday it would advise its members to reject the company's latest contract proposal and vote to strike against the company.
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2008-08-29 ] Category : [
US (Business) ]
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Alabama governor in talks to avoid local bankruptcy
BIRMINGHAM, Alabama (Reuters) - Alabama's governor and Wall Street lenders bargained on Friday ahead of the expiration of a stand-still pact in a bid to avert a bankruptcy filing on $3.2 billion of debt by the state's most populous county.
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2008-08-29 ] Category : [
US (Business) ]
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Consumer spending flags, but confidence rises
WASHINGTON (Reuters) - Personal income tumbled unexpectedly in July and inflation-adjusted spending shrank as government economic stimulus waned, but consumer spirits rose this month, a hint the economy may muddle through its woes.
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2008-08-29 ] Category : [
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