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Ernesto crosses Yucatan, regains some power

August 9, 2012 • BusinessComments Off

People survey the damage caused by Hurricane Ernesto after it made landfall overnight in Mahahual, near Chetumal, Mexico, Wednesday, Aug. 8, 2012. (AP Photo/Israel Leal) CHETUMAL, Mexico (AP) — Tropical Storm Ernesto spun across Mexico’s Yucatan Peninsula on Wednesday, then edged into the Gulf of Mexico after forcing the evacuation of thousands of...

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No one injured in Megabus fire on Georgia highway

August 9, 2012 • BusinessComments Off

A Hart County firefighter breaks the glass of a first level window on a Megabus charter bus after it caught fire on northbound Interstate 85 near the Georgia and South Carolina border in Lavonia, Ga. on Wednesday, Aug. 8, 2012. Chicago-based Megabus said...

Modern-day maquiladora town becoming reality

August 9, 2012 • BusinessComments Off

Miguel Angel Torres, who sells water and sodas at the Mexican Side of the Santa Teresa Border Crossing looks across to the FoxConn factory, Tuesday, August 7, 2012, in Juarez, Mexico. Once a small, dusty border, Santa Teresa town is experiencing a boom thanks...

Admiral confident in Coast Guard Arctic readiness

August 9, 2012 • BusinessComments Off

U.S. Sen. Mary Landrieu, D-Louisiana, right, speaks during a news conference Wednesday, Aug. 8, 2012, in Anchorage, Alaska. She appeared with U.S. Sen. Mark Begich, D-Alaska, left, and Homeland Security Secretary Janet Napolitano, middle. Napolitano visited...

Reid wants closure of coal power plant near Vegas

August 8, 2012 • BusinessComments Off

U.S. Sen. Harry Reid, D-Nev., speaks at the National Clean Energy Summit at the Bellagio in Las Vegas on Tuesday, Aug. 7, 2012. Before the beginning of the annual conference, Sen. Reid announced that U.S. wind power now has 50 gigawatts of electric generating...

NASA mission gives a peek of rover's Mars journey

August 8, 2012 • BusinessComments Off

This image released by NASA on Tuesday Aug. 7, 2012 shows where Curiosity and its supporting hardware: Sky crane, Curiosity, Back shell, Parachute, and Heat Shield landed on the Martian surface after its successful landing last Sunday. (AP Photo/NASA)...

Experts: Calif refinery fire will boost gas prices

August 8, 2012 • BusinessComments Off

People view the fire at the Chevron Richmond Refinery in Richmond, Calif., Monday, Aug. 6, 2012. The fire, first reported at 6:40 p.m. Monday, is burning in a process unit at the refinery, officials said. It was sending smoke over the cities of Richmond and...

'Avengers' helps Disney smash 3Q profit forecast

August 8, 2012 • BusinessComments Off

FILE – In this Feb. 8, 2011 file photo, people stand near the entrance to the Walt Disney Studios in Burbank , Calif. The Walt Disney Co.’s profit for the third-quarter beat analyst estimates but revenue came up short due to unchanged revenue at...

US consumers cut back on credit card use in June

August 8, 2012 • BusinessComments Off

In this July 18, 2012 photo, credit logos are seen on a downtown storefront as a pedestrian passes in Atlanta. U.S. consumers likely took on more debt in June, even as they largely kept spending in check. Economists forecast that consumer borrowing increased...

US employers post the most jobs in 4 years

August 8, 2012 • BusinessComments Off

FILE – In this June 13, 2012 file photo, job seekers wait in line at a job fair expo in Anaheim, Calif. U.S. employers posted the most job openings in four years in June, a positive sign that hiring may pick up. The increase comes after employers added...