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US consumer credit up $18.1 billion in August

October 6, 2012 • BusinessComments Off

FILE – In this May 9, 2012 file photo, a Visa credit card is tendered at opening of the Superdry store in New York’s Times Square. 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 [&hellip...

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American says it has fixed seats on 42 planes

October 6, 2012 • BusinessComments Off

Two unidentified American Airlines passengers talk to a customer service representative, center, Friday, Oct. 5, 2012 in Miami, as they try to make arrangements for a flight, after their flight was cancelled. American Airlines says a combination of wear, poor...

Steep drop in unemployment rate spawns conspiracy

October 6, 2012 • BusinessComments Off

FILE – In this Sept. 27, 2006 file photo, former General Electric CEO Jack Welch addresses students at the Massachusetts Institute of Technology, in Cambridge, Mass. Conspiracy theorists came out in force Friday, Oct. 5, 2012, after the government...

Stocks mixed after US unemployment rate drops

October 6, 2012 • BusinessComments Off

Jonathan Corpina, left, works with fellow traders on the floor of the New York Stock Exchange Friday, Oct. 5, 2012. Stocks are rising in early trading on Wall Street after the government reported that the U.S. unemployment rate fell below 8 percent for the...

Avon Products chairman to step down

October 6, 2012 • BusinessComments Off

FILE – In this Oct. 27, 2009 file photo, Avon Chairman and CEO Andrea Jung arrives for The Avon Foundation for Women benefit gala at Cipriani’s 42nd Street in New York. The beauty products company said Friday, Oct. 5, 2012 that Jung, who was...

Tax group sues to block Calif. firefighting fee

October 5, 2012 • BusinessComments Off

Steve Buettner, who is a plaintiff in a class action lawsuit against the state, is seen with his goats at his home in Valley Springs, Calif., Thursday, Oct. 4, 2012. Buettner and 10 other California residents who have joined with the Howard Jarvis Taxpayers...

Jay-Z to stream concert on his new YouTube channel

October 5, 2012 • Business, EntertainmentComments Off

Rapper Jay-Z performs the inaugural concert at the Barclays Center in Brooklyn on Friday Sept. 28, 2012 in New York. (Photo by Evan Agostini/Invision/AP) NEW YORK (AP) — Jay-Z is live-streaming the last of his eight concerts at New York City’s...

Troubled Calif. nuke plant aims to restart reactor

October 5, 2012 • BusinessComments Off

This Sept. 13, 2012 photo shows the San Onofre nuclear power plant along Pacific Ocean coastline in San Onofre, Calif. The operator of California’s troubled San Onofre nuclear power plant on Thursday Oct. 4,2012 proposed to restart one of the...

Calif. gas prices spike 8 cents a gallon overnight

October 5, 2012 • BusinessComments Off

Motorists drive past a gas station in Los Angeles Thursday, Oct. 4, 2012. Motorists in California paid an average of $4.232 per gallon Wednesday. That is 45 cents higher than the national average and exceeded only by Hawaii among the 50 states. (AP...

Newest Navy destroyer pays tribute to SEAL from NY

October 5, 2012 • BusinessComments Off

In this Oct. 2, 2012 photo, Daniel, left, and Maureen Murphy, the parents Navy SEAL Lt. Michael Murphy attend a memorial service at the gravesite for their son at at Calverton National Cemetery in Calverton, N.Y. The memorial service was attended by crew from...