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New Business

February 9, 2012 Toriella’s Treats is now open at 334 Pennsylvania Ave. W. in Warren. Pictured are Brandie Crouch, manager, and Charissa Solberg-Sensig, owner. The new bakery is open from 7 a.m. to 5 p.m. more »»

Nation’s unemployment drops to lowest rate in three years

February 4, 2012 WASHINGTON (AP) — In the most impressive surge for the job market since early last year, the United States added 243,000 jobs in January, far more than economists expected. more »»

Dow highest since ‘08 on jobs

February 4, 2012 NEW YORK (AP) — A drop in the unemployment rate to its lowest level in three years propelled the Dow Jones industrial average Friday to its highest close since May 2008, before the financial meltdow... more »»

Factory orders up in Dec.

February 4, 2012 WASHINGTON (AP) — Orders to U.S. factories rose in December, supported by a rebound in business investment in capital goods such as heavy machinery. The results cap off another strong year for U.S. more »»

Caterpillar says it will close locked-out plant in Canada

February 4, 2012 TORONTO (AP) — Caterpillar Inc. said Friday it will close its locomotive plant in Canada, where workers have been locked out since the start of the yea. more »»

Jobless report sends oil prices up

February 4, 2012 NEW YORK (AP) — Oil prices rose Friday after the government reported that the U.S. economy added more jobs last month, which could drive up demand for fuel with more people heading back to wor. more »»

Manufacturing at U.S. factories grows at fastest pace in 7 months

February 2, 2012 WASHINGTON (AP) — U.S. factories grew in January at the fastest pace in seven months, boosted by a rise in new orders. The report bolsters other data showing the U.S. economy started the year stron. more »»

Stocks climb on factory news

February 2, 2012 The Associated Press U.S. stocks had a big January, and they’re starting February strong, too. more »»

Builders step up spending for fifth consecutive month

February 2, 2012 WASHINGTON (AP) — Builders increased their spending in December for the fifth consecutive month, ending a weak construction year on a hopeful note. Spending on construction projects rose 1. more »»

AMR reports December loss of $904 million

February 2, 2012 DALLAS (AP) — American Airlines’ parent company says it lost $904 million in December — more than in the first nine months of 2011 combined. more »»

Beacon Light offering new PCIT program

February 2, 2012 Beacon Light Behavioral Health Systems announced Wednesday that it is now providing Parent-Child Interaction Therapy through the Children’s Outpatient Clinic at 121 Central Ave. more »»

Aetna’s 4Q profit up 73%

February 2, 2012 INDIANAPOLIS (AP) — Health insurer Aetna Inc.’s fourth-quarter net income jumped 73 percent, as it continued to benefit from low use of health care and some key expenses fell. The Hartford, Conn. more »»

Bernanke: Interest rate hike in 2014 “best guess”

January 26, 2012 WASHINGTON (AP) — The Federal Reserve’s announcement that it is unlikely to raise its benchmark interest rate until late 2014 is simply its “best guess,” Ben Bernanke said Wednesda. more »»

Apple passes Exxon as most valuable

January 26, 2012 NEW YORK (AP) — Apple has again surpassed Exxon as the most valuable U.S. company after an excellent quarter. Apple Inc.’s stock rose nearly 6 percent to $44. more »»

Crude prices rise

January 26, 2012 NEW YORK (AP) — Benchmark oil prices rose Wednesday afternoon, briefly topping $100 per barrel, after the Federal Reserve said it would keep interest rates at record lows for a year longer than... more »»

Stocks close higher

January 26, 2012 The stock market bounced to its highest close since last spring Wednesday after the Federal Reserve said it expected to keep interest rates near zero for almost three more years. more »»

US Airways 4Q income falls

January 26, 2012 NEW YORK (AP) — US Airways Group Inc. expects ticket prices and passenger demand will continue their upward climb this year, overshadowing stubbornly higher fuel price. more »»

Forecasters see small pickup in growth for balance of year

January 24, 2012 LOS ANGELES (AP) — A new economic forecast calls for the U.S. more »»

Chesapeake to cut natural gas production

January 24, 2012 NEW YORK (AP) — Faced with decade-low natural gas prices that have made some drilling operations unprofitable, Chesapeake Energy Cor. more »»

Fed: No rate hike for now

January 24, 2012 WASHINGTON (AP) — It could be quite a while yet before the Federal Reserve starts raising the interest rates it’s kept at record lows for three years. Maybe not before 2014. more »»

 
 

 

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