AP - A ruptured oil well in western North Dakota was temporarily plugged on Friday after leaking more than 2,400 barrels of crude and water, company officials said. […]
Reuters - Brazilian state oil company Petrobras on Friday filed to sell up to $64.5 billion of new stock -- the largest in capital markets history -- sending its stock sharply higher after months of uncertainty that dragged on its share price. […]
AP - A federal appeals court on Friday reinstated Wisconsin's 71-year-old minimum markup law on gasoline, a decision that could limit competition among retailers and drive up gas prices. […]
AP - A vessel has latched onto a key piece of evidence in the oil spill investigation so crews can raise the 300-ton device to the surface of the Gulf of Mexico. […]
Calif city to subpoena ex-official in salary probeBusinessWeekThe Bell City Council has voted unanimously to subpoena the records of its former city manager, whose huge salary prompted investigations into possible fraud in the small, working-class Los Angeles suburb. City Attorney James M. Casso says the records ...Calif. city to subpoena official in salary […]
CBC.caCoast Guard: Sheen not likely from active oil leakBusinessWeekA day after a fire on an offshore oil platform off the central Louisiana coast, federal investigators have gone aboard to make sure no oil is leaking from the site. The Coast Guard said Friday that no oil is believed to ...BP removes failed blowout preventerCNNBP removes failed blowout preve […]
WISC MadisonGood news for Labor Day drivers: Gas prices dropMarketWatchDriving somewhere this weekend? If so, there's good news for you at the gas pump. As Steve Gelsi writes in his story today, gas prices are lower than experts predicted earlier this year, though the national average is only a few cents lower than it was ...Watch those gas pumps; price […]
Goldman shutting prop trading desk: reportReutersNEW YORK (Reuters) - Goldman Sachs Group Inc is closing its principal strategies desk as US regulators try to limit trading risk that major banks take with their money, Bloomberg News reported on Friday. The report, citing two people with ...Goldman to Shut Principal Strategies UnitWall Street JournalGoldman S […]
Kansas City StarDespite hiring, US unemployment rate seems frozenThe Associated PressWASHINGTON — 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. Private employers added a net total of ...Idaho's jobles […]
AFP - The IMF and the UN labour agency are urging advanced economies not to cut government spending before 2011, warning that a move to tighten fiscal policies could hurt the global recovery. […]
Reuters - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth. […]
AP - Is the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered a generally gloomy outlook — especially for the United States and much of the industrialized world. […]
Reuters - Actor Paul Hogan, star of the "Crocodile Dundee" movies, has struck a deal with Australia's tax office which will allow him to return home to his family in Los Angeles, his lawyer said on Friday. […]
AP - A ruptured oil well in western North Dakota was temporarily plugged on Friday after leaking more than 2,400 barrels of crude and water, company officials said. […]