Business News Archive - August 03, 2008
NEW YORK (AP) - Wall Street retreated again Friday after readings on jobs and manufacturing - the first reports for the third quarter - indicated that businesses and workers still face a tough economy.
By The Associated Press HOUSTON (AP) - Oil giants Chevron Corp.
By The Associated Press WASHINGTON (AP) - Stores, factories and other businesses large and small showed workers the door last month, sending unemployment to its highest rate in four years and adding to the evidence an economic recovery remains far off.Employers clamped down on hiring and cut 51,000 jobs in July, the Labor Department said Friday.
Airlines are in crisis. Expect a merger frenzy and the end of cheap flights Little over a month ago, a respected and very senior private equity boss warned me that the airline industry was destined for meltdown. He said past problems in the sector would pale into insignificance.
By The Associated Press OSHKOSH, Wis.
By Ian Johnston Climate change, terrorism and the rising costs of imported produce mean that Britain faces serious threats to its food security. Now the Soil Association is campaigning for more of us to start growing our own.
T he term "export" is familiar to many beer consumers, with many brewers choosing to name their premium brands simply Export or referring to them as Export Strength.
By The Associated Press MADISON, Wis. (AP) - Gov.
The state pension is 100 years old - but many elderly people in Plymouth are now struggling to cover even their most basic needs. While there should be reason to celebrate the centenary of the great old age pension, the party is being ruined by the rapidly rising cost of living.
By BRANDON ROBSHAW A memoir of a mid-life crisis, What's Going On? tells the story of the disintegration of two central relationships in Mark Steel's life: with the mother of his three children and with the Socialist Workers Party.