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Spain PM insists on sticking to austerity measures

June 3, 2012 • BusinessComments Off

Brokers talk, while screens display Spain’s Prime Minister Mariano Rajoy speech, at the Stock Exchange in Madrid, Monday, May 28, 2012. Shares in Spanish bank Bankia, one of the banks hardest hit by Spain’s real estate collapse over the past four years, fell 28 per cent on opening in Madrid on Monday, the bank’s first [&hellip...

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Obama to Congress: Act now on bills to aid economy

June 3, 2012 • BusinessComments Off

President Barack Obama waves to a small crowd after arriving at O’Hare International Airport in Chicago, Friday, June, 1, 2012. (AP Photo/Paul Beaty) WASHINGTON (AP) — President Barack Obama wants Congress to act on bills he says will accelerate the...

Bentonite industry booms in Wyoming and Montana

June 3, 2012 • BusinessComments Off

Geologist Gretchen Hurley with the Bureau of Land Management walks through a bentonite bed east of Greybull on Thursday, May 3, 2012. Applications to BLM to mine bentonite are increasing. (AP Photo/Billings Gazette, Martin Kidston) GREYBULL, Wyo. (AP) —...

Clinton urges cooperation in resource-rich Arctic

June 3, 2012 • BusinessComments Off

US Secretary of State Hillary Rodham Clinton and Norway’s Minister of Foreign Affairs Jonas Gahr Stoere, right, talk together onboard the Arctic Research vessel Helmer Hanssen on a fjord, near the northern Norwegian city of Tromso, Norway, Saturday June...

Outcry over Romney’s Mass. affirmative action move

June 3, 2012 • BusinessComments Off

FILE – In this May 23, 2012 file photo, Republican presidential candidate, former Massachusetts Gov. Mitt Romney addresses the Latino Coalition’s 2012 Small Business Summit in Washington. With a few strokes of his pen on a sleepy holiday six...

Study: Hormone pill slows prostate cancer’s growth

June 3, 2012 • BusinessComments Off

This undated image provided by Johnson & Johnson shows the drug Zytiga. The hormone-blocking pill approved in 2012 for certain men with advanced prostate cancer now also seems to help a wider group of men who were given it sooner in the course of treating...

Danger sign for US economy: Job growth disappoints

June 2, 2012 • BusinessComments Off

In this Thursday, May 31, 2012, job seekers gather for employment opportunities at the 11th annual Skid Row Career Fair at the Los Angeles Mission in Los Angeles. U.S. employers created 69,000 jobs in May, the fewest in a year, and the unemployment rate...

Gas prices are silver lining as economy weakens

June 2, 2012 • BusinessComments Off

A motorist gets gas at a Hot Spot convenience store on East Main St. where the price is $2.99 a gallon, Friday, June 1, 2012 in Spartanburg, S.C. Oil prices plunged Friday as bleak reports on U.S. job growth and manufacturing heightened worries about a...

In California, it’s Big Tobacco vs Lance Armstrong

June 2, 2012 • BusinessComments Off

File – In this Friday, May 11, 2012 file photo, cycling legend and cancer survivor Lance Armstrong speaks at a rally in favor of Proposition 29, a measure on the June California primary election ballot that would add a $1-per-pack tax on cigarettes, at...

Retailers, customers welcome Wash booze sales

June 2, 2012 • BusinessComments Off

A customer looks at liquor at a Costco warehouse store Friday, June 1, 2012, in Seattle. Private retailers begin selling spirits for the first time under a voter-approved initiative kicking the state out of the liquor business. The initiative allows stores...