By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - Unemployment rates rose in 27 U.S. states last month, the most in almost a year and a reflection of weaker hiring nationwide.
The Labor Department said Friday that unemployment rates fell in 11 states and Washington, D.C. - the fewest
NEW YORK (AP) - Shares of Chipotle Mexican Grill plunged 22 percent after its second-quarter sales numbers and rising costs led to a spate of downgrades on Wall Street.
THE SPARK: The Denver company said late Thursday that its revenue in the second quarter rose by 21 percent. Although that would be
MUMBAI, India (AP) - Reliance Industries reported a 21 percent slide in quarterly profit Friday, as declining oil and gas production and smaller earnings in its core petrochemical and refining businesses failed to make up for better than expected refining margins. It's the third quarter in a
MILAN (AP) - Italian Premier Mario Monti says the debt crisis has spread to Italy and that the country must try to avoid taking a bailout.
At a news conference Friday, Monti says the financial turmoil has weakened trust in the euro currency project.
He emphasized that Italy does not need further
By DANIEL WOOLLSAssociated Press
MADRID (AP) - Spain's financial woes deepened ominously Friday after a heavily indebted region asked Madrid for help and the government predicted more recession next year, prompting investors to dump stocks and government bonds.
Just as European ministers
By CHRISTINA REXRODEAP Business Writer
NEW YORK (AP) - U.S. stocks fell early Friday, pushed down as problems in debt-riddled Europe came to a fore.
It marked the end of three days of gains, the first such streak in more than a month. Google reported higher earnings and rose 3 percent, but that
By JOE McDONALDAP Business Writer
BEIJING (AP) - Total profit for China's biggest state-owned companies fell by 16.4 percent in the first half from a year earlier as an economic slowdown deepened, the government said Friday.
The squeeze for even China's biggest, most politically favored
By CANDICE CHOIAP Food Industry Writer
NEW YORK (AP) - Starbucks Corp. already conquered the coffee market. Now it wants to mix it up with fresh juices.
The Seattle-based company on Friday will announce the opening of three more Evolution Fresh Inc. juice stores, in addition to the one it opened
NEW YORK (AP) - The guitar-maker Fender, finding itself playing before a hostile crowd, is reversing course on becoming a publicly traded company.
The company, whose guitars have been wielded by Bob Dylan and Bruce Springsteen and set afire by Jimi Hendrix, said late Thursday that economic strife,