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Times-Picayune cuts half of newsroom staff

June 13, 2012 • BusinessComments Off

Time-Picayune reporter Ramon Vargas sits on the front steps of the newspaper’s offices as he reads his job offer packet after being retained by the newspaper in New Orleans, Tuesday, June 12, 2012. The Times-Picayune is laying off 200 employees as one of the nation’s oldest daily newspapers prepares to print just three days a [&hellip...

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NYC health board likes big drink ban proposal

June 13, 2012 • BusinessComments Off

McDonald’s employees serve a meal containing a large soda, Tuesday, June 12, 2012, in New York. Mayor Michael Bloomberg’s proposal to ban large sugary drinks from New York City eateries is moving forward. The health board voted unanimously Tuesday...

Only woman to get Nobel Prize for economics dies

June 13, 2012 • BusinessComments Off

FILE – In an Oct. 12, 2009, file photo, Elinor Ostrom poses for a portrait in Bloomington, Indiana, after becoming the first woman to win a Nobel Prize in economics. A university spokesman said Ostrom died from cancer Tuesday, June 12, 2012, at a...

Kansas students win national auto skills contest

June 13, 2012 • BusinessComments Off

This photo provided by Ford/AAA Student Auto Skills shows the Newton High School team, of Newton, Kan., from left, Jedediah Redger, instructor Cory Unruh and Bryce Banks posing with the trophy after taking top honors in the Ford/AAA Student Auto Skills...

New pediatric specialty facility opens in Detroit

June 13, 2012 • BusinessComments Off

Matthew Fitzsimons, 14, trains with robotic legs on the Lokomat partial weight-bearing treadmill in the fitness center during the grand opening of the Children’s Hospital of Michigan Specialty Center Tuesday, June 12, 2012, in Detroit. The five-story...

Questions and answers about Verizon's new plans

June 13, 2012 • BusinessComments Off

Two Verizon workers take orders at a Verizon store in Mountain View, Calif., Tuesday, June 12, 2012. Verizon Wireless, the nation’s largest cellphone company, announced Tuesday that is dropping nearly all of its phone plans in favor of pricing schemes...

Hope for Fed help powers US stocks to big gain

June 13, 2012 • BusinessComments Off

FILE- In this Monday, June 11, 2012, file photo, Trader George Ettinger, left, works on the floor of the New York Stock Exchange. (AP Photo/Richard Drew/File) NEW YORK (AP) — Stocks staged one of their strongest rallies of the year Tuesday, erasing a big...

More than seven in 10 US teens jobless in summer

June 13, 2012 • BusinessComments Off

In this photo taken Thursday, June 7, 2012, Colleen Knaggs, 18, talks at her home in Flagstaff, Ariz. about her fruitless efforts to find a job. Once a rite of passage to adulthood, summer jobs for teens are disappearing. Fewer than 3 in 10 American teenagers...

Apple kicks Google Maps off iPhone, adds Facebook

June 12, 2012 • BusinessComments Off

Apple CEO Tim Cook speaks at the Apple Developers Conference in San Francisco, Monday, June 11, 2012. Apple says it’s introducing a laptop with a super-high resolution “Retina” display, setting a new standard for screen sharpness. The new...

Big US insurers to keep parts of health care law

June 12, 2012 • BusinessComments Off

FILE – This July 16, 2007, file photo, shows the headquarters of UnitedHealth Group Inc. in Minnetonka, Minn. UnitedHealth Group Inc., the nation’s largest health insurer, said Monday, June 11, 2012, it sees some parts of the health care overhaul as...