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APNewsBreak: LA sues over Owens Lake dust control

October 13, 2012 • BusinessComments Off

FILE – This July 16, 1997 file photo shows Owens Lake, Calif., about 200 miles north of Los Angeles. The city of Los Angeles sued air regulators Friday, Oct. 12, 2012 over demands to control dust from Owens Lake nearly a century after the exploding metropolis siphoned water to quench its growing thirst. (AP Photo/Damian [&hellip...

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Reports: Smaller iPad to be revealed Oct. 23

October 13, 2012 • BusinessComments Off

FILE – ThisApril 5, 2012 photo shows the company logo at the Apple Store in London. Apple Inc. is set to reveal a smaller, cheaper version of the iPad at an event on Oct. 23, according to several reports published Friday, Oct. 12, 2012. (AP Photo/dapd,...

Profits soar at 2 largest mortgage lenders

October 13, 2012 • BusinessComments Off

FILE – This July 28, 2012, file photo, shows JPMorgan Chase office in London. JPMorgan Chase, the country’s biggest bank by assets, reported a record quarterly profit Friday, Oct. 12, 2012. The bank said it made $5.3 billion in earnings for common...

Stock market has its worst week since June

October 13, 2012 • BusinessComments Off

FILE – In this Tuesday, Oct. 9, 2012, file photo, trader F. Hill Creekmore works on the floor of the New York Stock Exchange. Stock futures are edging higher Friday, Oct. 12, 2012, after mixed third-quarter results from two major banks, which has been...

American Airlines stumbles on path to recovery

October 12, 2012 • BusinessComments Off

FILE-In this Thursday, Sept. 20, 2012, file photo, over 200 American Airline pilots march on a picket line at O’Hare International in Chicago, Ill. Just weeks ago, American Airlines was working its way through bankruptcy court, on schedule for one of...

Market flatlines, pulled by jobless claims, Europe

October 12, 2012 • BusinessComments Off

FILE – In this Oct. 9, 2012, file photo, trader Andrew O’Connor works on the floor of the New York Stock Exchange. After three straight days of losses for major stock indexes, investors appeared to be looking for bargains Thursday. (AP...

Official pledges support for Arctic drilling

October 12, 2012 • BusinessComments Off

Interior Deputy Secretary David Hayes testifies on 2012 Arctic offshore drilling before the U.S. Senate Oceans, Atmosphere, Fisheries and Coast Guard Subcommittee on Thursday, Oct. 11, 2012, in Anchorage, Alaska, as Coast Guard Read Adm. Thomas Ostebo and...

Chile’s huge open-pit copper mine goes underground

October 12, 2012 • BusinessComments Off

In this Sept. 28, 2012 photo, three crosses stand off the side of a highway where people died in a car accident near the Chuquicamata copper mine, behind, in the Atacama desert in northern Chile. Experts say that by 2019 the Chuquicamata copper mine will be...

Wendy’s pigtails get first touch-up since 1983

October 12, 2012 • BusinessComments Off

This undated image provide by Wendy’s shows the fast food company’s new logo. For the first time since 1983, the Dublin, Ohio-based fast food company is updating its logo in a move intended to signal its ongoing transformation into a higher-end...

Fewer US layoffs no longer suggest strong hiring

October 12, 2012 • BusinessComments Off

Applicants attend a Spirit Airlines Flight Attendant Open House as company representatives address the group Thursday, Oct. 11, 2012, in Dallas. The airline announced that it is hiring 250 positions that include flight attendants, pilots and mechanics to be...