Business Wire
Calif. gas prices hit all-time high
It's a record, though just barely. The price of gasoline hit an all-time average high in California of $4.6140 a gallon Saturday, fueled by a reduced supply and a volatile market. Read more »
Calif. initiative will test appetite for GMO food
Calories. Nutrients. Serving size. How about "produced with genetic engineering?" Read more »
Iran 'confidence' bid shifts uranium to fuel stock
In a bid to ease international concerns over its nuclear program, Iran has converted more than a third of Tehran's most highly enriched uranium into a powder for a medical research reactor that is... Read more »
Putin strong at 60 but economic challenges loom
As he hits his 60th birthday, Vladimir Putin seems to be in the prime of life: He hang-glides with Siberian cranes, shows off judo moves and exudes supreme self-confidence at Russia's helm. But... Read more »
Rural outsourcer brings hope to remote village
They come together each morning from the sloping forests. Some walk for more than an hour along muddy footpaths past terraced farms stacked like soft green steps. Some race their new motorbikes... Read more »
Foxconn denies report of strike at iPhone plant
Foxconn Technology Group said Saturday that production at its central Chinese factory that makes Apple's iPhones was continuing without interruption, denying a labor watch group's report that... Read more »
Calif. gas prices will rise, then fall next week
California gas prices will increase for several more days before leveling off after a temporary reduction in supply triggered a price spike that saw fuming motorists paying $5 or more per gallon in... Read more »
Short supplies keep gas prices rising in Calif.
California gas prices continued surging Friday, adding another 17 cents per gallon on average, and the increases are expected to continue for at least several more days, ensuring long lines and... Read more »
Review: Apple's maps app lets you follow the voice
Apple's new maps app came out the day I started a 2,243-mile road trip through four states. As complaints about it trickled in and Apple's CEO apologized, I was left wondering whether people were... Read more »
U.S. unemployment below 8%, first time since 2009
The U.S. unemployment rate dropped below 8 percent for the first time since the month President Barack Obama took office, a surprising lift for both the economy and his re-election hopes in the... Read more »
Madoff fraud's last days recounted in NYC document
In December 2008, two of Bernard Madoff's most loyal employees met on a Manhattan street corner and fretted over a closely held secret that the rest of the world would learn about eight days later:... Read more »
US consumer credit up $18.1 billion in August
Americans boosted their borrowing in August by the largest amount in three months with strong gains in the category that covers auto and student loans and in credit card debt. Read more »
Jump in California gas prices leads stations to close doors, charge record prices
Californians woke up to a shock Friday as overnight gasoline prices jumped by as much as 20 cents a gallon in some areas, ending a week of soaring costs that saw some stations close and others... Read more »
Mitt Romney's Medicare plan raises cost questions
Mitt Romney's Medicare plan won't try to control costs by limiting the payments that future retirees would use to buy private health insurance, aides say. Budget experts are questioning how the... Read more »
Kansas court upholds limits on damages in lawsuits
Kansas can continue to limit pain and suffering compensation awards in personal injury lawsuits to $250,000, the state Supreme Court ruled Friday, upholding a lower court decision that slashed... Read more »
Avon Products chairman to step down
Beauty products seller Avon Products said Friday that its chairman and former CEO Andrea Jung will step down at the end of the year, ending her 18-year tenure at the company. Read more »
Angry birds attack French tax on entrepreneurs
France's government is under attack by a flock of furious "pigeons." And the angry birds have won the first battle. Read more »
Stocks gain after US unemployment rate drops
rose on Friday after a government report showed that more Americans are going back to work. Read more »
New jobless number hold political significance
President Barack Obama, reeling from a poor debate performance, won a valuable reprieve Friday with a reduced unemployment number in September that brought the jobless rate down to a level unseen... Read more »
U.S. jobless rate falls to 7.8 percent, 44-month low
The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. The rate declined because more people found work, a trend that could have an impact on undecided voters in... Read more »
Germany's Merkel to visit Greece next week
German Chancellor Angela Merkel will travel to Greece next week for the first time since the debt crisis erupted to meet the country's prime minister — who warned Friday that Athens will run... Read more »
The art and science of guessing a Nobel Prize
Guessing who will win a Nobel Prize is a bit like forecasting the stock market: Experts don't seem to do it any better than laymen. Read more »
BOJ defies pressure, interest rates unchanged
Japan's central bank has ended its latest policy meeting Friday with no changes in its key interest rate or asset buying program, resisting government pressure for further easing. Read more »
US unemployment rate likely rose on weak hiring
With a month to go until the presidential election, the government on Friday issues its September jobs report, expected to show an uptick in the U.S. unemployment rate after employers added only a... Read more »
Broadway producer says he was fraud victim
A producer who had hoped to bring the psychological thriller "Rebecca" to Broadway as a musical now believes the troubled show was the victim of a giant fraud. Read more »
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