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Calif. legislature OKs pension changes

September 1, 2012 • BusinessComments Off

Assemblyman Warren Furutani, D-Lakewood, right, receives a congratulatory hug from Assembly Speaker John Perez, D-Los Angeles, after his pension reform bill was approved by the Assembly at the Capitol in Sacramento, Calif., Friday, Aug. 31, 2012. The measure, AB340, a sweeping pension compromise plan negotiated by Gov. Jerry Brown and Democratic legislative...

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An estimated 30 million watch Romney's speech

September 1, 2012 • BusinessComments Off

FILE – In this Aug. 30, 2012 file photo, Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at the Republican National Convention in Tampa, Fla. The Republican convention sent Mitt Romney into the fall campaign on a high...

What's next for markets? 3 experts weigh in

September 1, 2012 • BusinessComments Off

A trader works on the floor of the New York Stock Exchange, Friday, Aug. 31, 2012, in New York. Stocks are giving up some of their gains after comments from Federal Reserve Chairman Ben Bernanke. Bernanke made clear Friday that the Federal Reserve will do...

Movie audiences find anti-Obama doc '2016'

September 1, 2012 • BusinessComments Off

This publicity image released by Rocky Mountain Pictures, shows an undated film clip of director, Dinesh D’Souza, interviewing George Obama in “2016: Obama’s America.” Despite the unconventional release of “2016: Obama’s...

American, US Airways one step closer to merger

September 1, 2012 • BusinessComments Off

FILE – In this June 23, 2008 file photo, a US Airways jet takes-off as an American Airlines Jet is prepped for takeoff at Sky Harbor International Airport in Phoenix. The parent company of American Airlines has entered a non-disclosure agreement with...

Bernanke: With unemployment high, Fed can do more

September 1, 2012 • BusinessComments Off

Federal Reserve Chairman Ben Bernanke walks outside of the Jackson Hole Economic Symposium, Friday, Aug. 31, 2012, at Grand Teton National Park near Jackson Hole, Wyo. Bernanke made clear Friday that the Federal Reserve will do more to boost the economy...

Shell can start drill prep in Alaska's Chukchi Sea

August 31, 2012 • BusinessComments Off

Shell Alaska Vice President Pete Slaiby speaks at a news conference on Thursday, Aug. 30, 2012, in Anchorage, Alaska. U.S. Interior Secretary Ken Salazar on Thursday said Royal Dutch Shell PLC can begin preparation work at exploratory drilling sites in the...

Drought-weary farmers await Isaac's remnants

August 31, 2012 • BusinessComments Off

Storm clouds leading remnants of Hurricane Isaac gather in the skies over a grain elevator in England, Ark., Thursday, Aug. 30, 2012. With the storms approaching many farm states, some farmers wonder whether too much relief is on the horizon. (AP Photo/Danny...

Fort Collins Coloradoan ,Fort Collins ,Colorado

August 31, 2012 • BusinessComments Off

Greg Kus, a delivery person for New Belgium Brewery, removes 12-packs from a palette as he delivers beer to Wilbur’s Beverage in Fort Collins, Colo. on July 7, 2012. The maker of Fat Tire beer says it’s using a reserve water supply because the...

US unemployment applications flat at 374,000

August 31, 2012 • BusinessComments Off

In this Tuesday, Aug. 21, 2012, photo, job seekers wait in line at a construction job fair in New York. The number of Americans seeking unemployment benefits was unchanged last week at a seasonally adjusted 374,000, suggesting slow improvement in the job...