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Europe's leaders face post-holiday blues

August 22, 2012 • BusinessComments Off

A man talking on the phone looks at the departure information board announcing canceled trains during a train drivers strike at Lisbon’s Santa Apolonia station, Wednesday, Aug. 15, 2012. Portuguese train drivers are striking to protest against economic austerity measures taken by the Portuguese government due to a euro 78 billion ($96 billion) bailout...

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Best Buy 2Q profit drops 90 pct, misses estimates

August 22, 2012 • BusinessComments Off

In this Thursday, June 21, 2012, file photo, customers walk in and out of Best Buy in Danvers, Mass. Best Buy Co. is reporting Monday, Aug. 21, 2012, a 90 percent drop in net income during the second quarter, dragged down by restructuring charges and weak...

S&P touches highest level since 2008, then falls

August 22, 2012 • BusinessComments Off

FILE- In this Friday, Aug. 10, 2012, file photo, traders work on the floor of the New York Stock Exchange, in New York. Stocks slipped Monday, Aug. 20, 2012, in one of the quietest trading sessions of the year. Worries about European debt crept up again, and...

USDA: Corn harvest ahead of schedule

August 21, 2012 • BusinessComments Off

Farmer Tom Albaugh holds drought impacted ears of corn in a field on his farm, Monday, Aug. 20, 2012, in Ankeny, Iowa. Albaugh expects to be harvesting by the middle of September, ahead of the usual end of September or early October schedule. The harvest is...

Apple sets record for company value at $624B

August 21, 2012 • BusinessComments Off

People walk into Apple headquarters in Cupertino, Calif., Monday, Aug. 20, 2012. On Monday, Apple set a new record for the most valuable company at $621 billion, beating Microsoft’s 1999 high. (AP Photo/Paul Sakuma) NEW YORK (AP) — Apple is Wall...

Summertime blues for drivers: Gas at August record

August 21, 2012 • BusinessComments Off

FILE- In this Thursday, Aug. 16, 2012, file photo, gas prices are advertised at a Sunoco gas station and market in Lapeer, Mich. U.S. drivers are paying an average of $3.72 per gallon on Monday, Aug. 20, 2012. That’s the highest price ever on this date,...

Lowe's 2Q results miss expectations, cuts outlook

August 21, 2012 • BusinessComments Off

FILE-In this Tuesday, June 19, 2012 photo, Lauren Jonker, opens up a dishwasher on display at a Lowe’s store in Atlanta. Unlike its no. 1 rival Home Depot, Lowe’s isn’t sharing in an improving housing market. The nation’s second largest...

Stocks slip, but Apple sets a record

August 21, 2012 • BusinessComments Off

FILE – In this Aug. 15, 2012 file photo, specialists Thomas Bishop, left, and Michael Pistillo work at their post on the floor of the New York Stock Exchange. Stocks are ending the Monday, just lower as Apple became the most valuable company ever, with...

Patton Construction Co.: Foundation Repair – Remodeling – Additions

August 20, 2012 • Local Business ReviewComments Off

Gordon Patton (left) and Manuel Renteria are determining the new walls for an enclosed patio. Also seen are the new patio concrete and the new seven foot high yard fence. You can see from the photos and job histories, that Patton Construction’s work is...

Dems slam Ryan over Social Security privatization

August 20, 2012 • BusinessComments Off

FILE – In this July 19, 2012 file photo, Vice President Joe Biden campaigns in Columbus, Ohio. Democrats are eagerly renewing their fight against privatizing Social Security now that Republican presidential candidate Mitt Romney has picked Paul Ryan as...