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Business News Archive - August 31, 2008

By The Associated Press WASHINGTON (AP) - Personal incomes plunged in July while consumer spending slowed significantly as the impact of billions of dollars in government rebate checks began to wane.The Commerce Department reported Friday that personal incomes fell by 0.7 percent in July, the biggest drop in nearly three years and a far larger decline than the 0.1 percent decrease analysts expected.Consumer spending edged up a modest 0.2 percent, in line with expectations, but far below June's 0.6 percent rise.

By The Associated Press NEW YORK (AP) - Wall Street tumbled Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed.

By The Associated Press NEW YORK (AP) - Retail gas prices swung higher Friday - the first increase in 43 days - as analysts warned that a direct hit on U.S.

By Ed Hill East Midlands Airport had to shut part of its runway after a giant fairground ride was put up at neighbouring Donington Park racetrack. Airport bosses had to close 400m of the runway for 10 hours and put in place plans to divert two large cargo planes because of the hazard.

By Julian Knight Charging customers to take out their own cash and calling this 'instant access' is no way for account providers to build long-term relationships Choosing the right savings account isn't just about going for the best headline rate.

By Rose Prince Organic producers may have failed to make themselves competitive, but its wavering adherents should keep the faith Was the organic movement that meaningless? Was the cult so shallow that families made the switch from buying organic to buying conventionally produced products without a second thought? Book the holiday, keep the gas guzzler, invest in a new autumn coat ...

A rtists come from all walks of life and from many parts of the world, as the exhibition now on at Delamore, Cornwood, confirms.

Two Fayette County men were arrested Thursday, hours after police said they stripped a vacant home of metal pipes and doors and then set the structure ablaze.

The United Steelworkers and ArcelorMittal continued negotiations in Pittsburgh Friday in an effort to reach an new contract before the current agreement expires on Monday night, spokesmen said Friday.

By Bobby Kerlik The United Steelworkers union reached a tentative four-year agreement Saturday in Downtown with ArcelorMittal, the world's largest steel producer.

Word of the Day
swell-mobsman
  • A member of the swell-mob; a genteelly clad pickpocket. Sometimes mobsman.
Use of the word 'swell-mobsman' dates at least to the early 1800s.