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Oil companies retake nearly 400 platforms in gulf

September 2, 2012 • BusinessComments Off

FILE – In this Tuesday, April 27, 2010 file photo, An oil rig is seen in the Gulf of Mexico near the Chandeleur Islands, off the Southeastern tip of Louisiana. Energy companies have reoccupied nearly 400 of the production platforms in the Gulf of Mexico that were abandoned in advance of Hurricane Isaac, though oil [&hellip...

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Nation's 'carpet capital' struggles to recover

September 2, 2012 • BusinessComments Off

In this Aug. 22, 2012 photo, David Staten, right, of Chatsworth, Ga., files for unemployment after being laid off from a construction job in Dalton, Ga. Collapsing industry or not, Dalton city officials are still the proud owners of the label “Carpet...

Import tax deadline has Cuba entrepreneurs on edge

September 2, 2012 • BusinessComments Off

Javier E. Matos repairs a a cell phone at The Cell Phone Clinic, a private business in Havana, Cuba, Thursday, Aug. 30, 2012. A jump in import taxes on Monday, Sept. 3 threatens to make life tougher for some of Cuba’s new entrepreneurs who the...

Obama, GOP duel over rising college expenses

September 2, 2012 • BusinessComments Off

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks during a campaign stop, Friday, Aug. 31, 2012, in Lakeland, Fla. (AP Photo/Evan Vucci) WASHINGTON (AP) — President Barack Obama would make tax credits for college expenses...

Samsung: Apple trying to limit consumer choice

September 2, 2012 • BusinessComments Off

A boy checks an iPhone at an Apple booth at an electronic store in Tokyo Friday, Aug. 31, 2012. A Tokyo court has ruled that Samsung did not infringe on an Apple patent, in the latest development in the legal battle between the two technology titans. (AP...

Venezuela says refinery hit by explosion restarts

September 1, 2012 • BusinessComments Off

Firefighters douse a fuel tank at the Amuay refinery near Punto Fijo, Venezuela,Tuesday, Aug. 28, 2012. Venezuela’s biggest oil refinery remained offline Tuesday after firefighters extinguished a blaze that raged for more than three days following an...

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,...

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...