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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 the pattern all week as the U.S. earnings season kicks off. [&hellip...

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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...

Softbank in talks to invest in Sprint

October 12, 2012 • BusinessComments Off

FILE – In this combination of Associated Press file photo, a woman walks by a SoftBank shop in Tokyo Thursday, April 26, 2012, and a man walks past a Sprint store, Tuesday, April 27, 2010 in New York. Japanese cellphone company Softbank Corp. was in...

End of the line for returnable Coca-Cola bottle

October 11, 2012 • BusinessComments Off

FILE – In this Tuesday, Oct. 9, 2012, photo, Darvin Peterson loads glass bottles into a washer before they are filled up for the last time at the Coca-Cola Bottling Company in Winona, Minn. Nearly 6,000 6.5-ounce returnable glass bottles were filled for...

Iranian minister woos Indian businesses

October 11, 2012 • BusinessComments Off

Iranian Ambassador to India Sayed Mehdi Nabizadeh listens as Iranian Energy Minister Majid Namjoo unseen, speaks during an interactive business meeting with Federation of Indian Chambers of Commerce and Industry members in New Delhi, India, Wednesday, Oct....