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Jobs report lifts Dow to highest mark since ’08

February 4, 2012 • BusinessComments Off

Trader John Panin, center, works on the floor of the New York Stock Exchange Friday, Feb. 3, 2012. U.S. stocks are opening sharply higher after the unemployment rate dropped to the lowest in two years. (AP Photo/Richard Drew) NEW YORK (AP) — A drop in the unemployment rate to its lowest level in three years [&hellip...

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Roswell Rapid Wash – ‘touch-free’ car wash Try it… You’ll like it!

February 3, 2012 • Local Business ReviewComments Off

Roswell Rapid Wash, located at 1108 North Main Street, uses modern technology to thoroughly clean the outside of your vehicle. Above, the new soap presoak system does its stuff. The Tricolor wax has been improved, making the quality of the wash comparable to...

Hudson News chain founder Robert Cohen dies at 86

February 3, 2012 • BusinessComments Off

This undated photo provided by James Cohen shows magazine distributor Robert B. Cohen. Cohen, who built the Hudson News chain of newsstands from one store at LaGuardia Airport and changed the way travelers spend their downtime, died Wednesday, Feb. 1, 2012 at...

After IPO, Facebook will face new profit pressures

February 3, 2012 • BusinessComments Off

This Dec. 13, 2011 file photo, shows workers inside Facebook headquarters in Menlo Park, Calif.Facebook, the social network that changed “friend” from a noun to a verb, is expected to file as early as Wednesday to sell stock on the open market....

Starwood 4Q profit falls, but tops Street’s view

February 3, 2012 • BusinessComments Off

A man hails a taxi in front of the Westin New York hotel, Wednesday, Feb. 1, 2012 in New York. Starwood Hotels & Resorts Worldwide Inc. said Thursady, Feb. 2, its fourth-quarter net income dropped 51 percent on impairment charges and other items, but its...

Dow Chemical posts 4Q loss on charge

February 3, 2012 • BusinessComments Off

FILE – In this Sept. 22, 2011 photo, Andrew Liveris, Chairman and CEO of Dow Chemical, speaks at the Clinton Global Initiative, in New York. Dow Chemical said Thursday, Feb. 2, 2012, it posted a loss in the fourth-quarter despite slightly better...

MasterCard takes $495M charge to cover fee suit

February 3, 2012 • BusinessComments Off

This Jan. 30, 2012 photo, shows four posed MasterCard credit cards, in Surfside, Fla. Payments processor MasterCard Inc. said Thursday, Feb. 2, 2012, it recorded a $495 million charge in its fourth-quarter to cover potential losses related to an ongoing...

Chrysler to add 1,800 jobs at northern Ill. plant

February 3, 2012 • BusinessComments Off

Sergio Marchionne, Chairman and CEO Chrysler Group LLC, right, talks with Illinois Gov. Pat Quinn before Marchionne announced that Chrysler will add a third shift to begin production of the 2013 Dodge Dart, Thursday, Feb. 2, 2012 at the Belvidere, Ill.,...

Solution to crumbling roads, bridges elusive

February 3, 2012 • BusinessComments Off

Transportation and Infrastructure Committee members Rep. Chip Cravaack, R-Minn., left, and Rep. Tim Walz, D-Minn., right, look to each other as Committee Chairman Rep. John Mica, R-Fla., rear, center, speaks during the committee’s markup meeting on...

American Airlines aims to cut 13,000 jobs

February 2, 2012 • BusinessComments Off

An American Airlines ground crew work an aircraft before departure at Dallas-Fort Worth International airport in Grapevine, Texas, Wednesday, Feb. 1, 2012. American Airline corporate leadership is having closed door meetings with union representatives about...