Category: business

APNewsBreak: Increase in suicide rate of vets (AP)

January 11, 2010 1:11 pm | business |

AP – The government says the suicide rate has gone up among 18- to 29-year-old men who’ve left the military.

AP IMPACT: Road projects don’t help unemployment (AP)

12:53 pm | business |

A $19.2 million widening project along SR-373 in Lewisburg, Tenn., is seen on Sunday, Jan. 10, 2010. Ten months into President Barack Obama's first economic stimulus plan, a surge in spending on roads and bridges has had no effect on local unemployment and only barely helped the beleaguered construction industry, an Associated Press analysis has found. (AP Photo/Josh Anderson)AP – Ten months into President Barack Obama’s first economic stimulus plan, a surge in spending on roads and bridges has had no effect on local unemployment and only barely helped the beleaguered construction industry, an Associated Press analysis has found.

GM may reopen some factories to meet higher demand (AP)

12:40 pm | business |

AP – General Motors Co. may reopen some shuttered factories because it can’t produce certain vehicles fast enough, its North American president said Monday.

Wall Street bonuses in Cuomo’s sights (Reuters)

12:32 pm | business |

New York State Attorney General Andrew Cuomo leaves after a news conference held on Wall Street in New York in this October 15, 2008 file photo. REUTERS/Brendan McDermidReuters – Controversial Wall Street bonuses will be in focus on Monday as New York Attorney General Andrew Cuomo plans a midday announcement on the payouts.


Ford Fusion Hybrid wins 2010 car of year award (AP)

9:22 am | business |

Ford Motor president of the Americas Mark Fields holds up two trophies after Ford swept the North American Car and Truck of the Year awards winning for the 2010 Ford Fusion Hybrid and the 2010 Ford Transit Connect during Press Days of the 2010 North American International Auto Show in Detroit, Michigan January 11, 2010.  REUTERS/Rebecca Cook  (UNITED STATES - Tags: TRANSPORT BUSINESS)AP – The Ford Fusion Hybrid midsize sedan wins the 2010 North American Car of the Year, while the Ford Transit Connect takes truck of the year at the Detroit auto show.

Fed unlikely to be swayed by jobs data: Bullard (Reuters)

9:09 am | business |

AmeriChoice recruiter Selene Valdez (R) interviews a job seeker at a New York State Department of Labor recruitment office in New York January 6, 2010. REUTERS/Lucas JacksonReuters – U.S. Federal Reserve monetary policy is unlikely to be pushed off course by December’s surprising job losses, a senior Fed official said on Monday.

Study: Newspapers still a step ahead in local news (AP)

7:47 am | business |

A woman passes Canwest-owned Vancouver Sun, The Province and National Post newspapers for sale in Vancouver, B.C., Friday, Jan. 8, 2010. Canwest Global Communications has placed its cross-Canada newspaper chain under creditor protection and will put it up for sale next week, with a group of lenders led by the country's biggest banks ready to kick off the bidding. (AP Photo/The Canadian Press, Darryl Dyck)AP – Most local news still flows from newspapers even as an Internet-driven upheaval diminishes the depth of their coverage, according to a study to be released Monday.

China lending reportedly jumps, feeding hot economy (Reuters)

6:12 am | business |

Reuters – Chinese bank lending surged in the first week of 2010, industry sources said on Monday, adding to the concerns fueled by blockbuster trade data for December that the world’s third-largest economy is overheating.

Super Bowl-style corporate ads for candidates? (AP)

3:00 am | business |

FILE - In this March 20, 2002, file photo Sen. Russ Feingold, D-Wis., left, and Sen. John McCain, R-Ariz., smile during a rally on Capitol Hill in Washington. The Supreme Court has raised a range of high-stakes possibilities that could substantially scale back the hard-won 2002 Bipartisan Campaign Reform Act, also named the McCain-Feingold law after its sponsors, and let corporations, unions and wealthy individuals pour money into elections in time for this year's congressional races, not to mention the 2012 presidential contest; a ruling is expected as early as Tuesday, Jan. 12, 2010.  (AP Photo/Dennis Cook, File)AP – Possibly coming soon to your TV screen: election-season Super Bowl-style ads promoting congressional and presidential candidates, paid for by some of the nation’s largest corporations.

Smaller, electric cars reign at Detroit auto show (AP)

12:48 am | business |

FILE - This file image provided by General Motors Friday Jan. 8, 2010 shows the 2011 Chevrolet Aveo RS show car. GM, which has lost more than $88 billion since 2005, will show off the new Chevrolet Aveo subcompact at the Detroit auto show this week. (AP Photo/Genreal Motors, File)AP – Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by the Great Recession and environmental worries.