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Congress returns for short pre-election session

September 11, 2012 • BusinessComments (0)

FILE – In this Nov. 19, 2011 fie photo the U.S. Capitol building is seen in Washington. Fresh off a five-week vacation, lawmakers return to Washington on Monday, Sept. 10, 2012, for a brief pre-election session in which Congress will do what it often does best: punt its problems to the future. At issue is [&hellip...

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Silicon Valley isn’t sharing Facebook’s misery

September 11, 2012 • BusinessComments (0)

This May 11, 2012, photo shows a sign is shown at the Facebook campus in Menlo Park, Calif. Silicon Valley, it turns out, doesn’t revolve around the stock prices of Facebook and its playful sidekick, Zynga. Instead, the optimism in Silicon Valley can be...

US consumers cut credit card use for 2nd month

September 11, 2012 • BusinessComments (0)

In this July 16, 2012 photo, credit logos are seen as a consumer withdrawals money from an ATM in Atlanta. Americans cut back on borrowing in July for the first time in nearly a year. Credit card use fell for the second straight month, suggesting many...

Treasury to cut AIG stake below half in $18B sale

September 10, 2012 • BusinessComments (0)

FILE – In this Friday, Aug. 3, 2012 file photo, Specialist Donald Himpele, foreground second left, resumes trading in AIG stock on the floor of the New York Stock Exchange. The U.S. government is selling more of its shares in insurer American...

Egypt vows structural reforms, meets US executives

September 10, 2012 • BusinessComments (0)

Egyptian President Mohammed Morsi, center, waves to worshippers ash he arrives for Friday prayers at Sayyeda Zainab mosque in Cairo, Egypt, Friday, Sept. 7, 2012. (AP Photo/Ahmed Ali) CAIRO (AP) — Egypt’s Islamist leader vowed to carry out tough...

Early laptop designer Moggridge dies at 69

September 10, 2012 • BusinessComments (0)

FILE – In this Tuesday, Sept. 13, 2011 file photo, Bill Moggridge, the director of the Smithsonian’s Cooper-Hewitt, National Design Museum, stands at right as first lady Michelle Obama speaks in the East Room of the White House in Washington...

Status of World Trade Center site, 11 years later

September 10, 2012 • BusinessComments (0)

In this Friday, Sept. 7, 2012 photo, an ironworker watches as a crane lifts a load of construction supplies at the World Trade Center transportation hub, in New York. The new transportation hub at the trade center will connect 13 subway lines and PATH trains...

Conn. workers cope with long nursing home strike

September 10, 2012 • BusinessComments (0)

In this Thursday, Sept. 6, 2012 photo, Jennifer Musante walks the picket line with fellow healthcare union workers in front of West River Health Care in Milford, Conn. The workers have been on strike for months, to protest what they say are labor concessions...

Egypt: Most flights back on schedule after strikes

September 10, 2012 • BusinessComments (0)

FILE – In this Monday, April 21, 2008 file photo, tourists wait for their flight, as an Egyptair plane is seen, background, at a waiting hall in Cairo’s international airport, in Egypt. Cairo airport officials are rushing to process a backlog of...

Report: France’s Arnault seeks Belgian passport

September 9, 2012 • BusinessComments (0)

French President Francois Hollande, center, delivers his speech at the French Court of Auditors, Paris, Friday, Sept. 7, 2012. (AP Photo/Pierre Verdy, Pool) PARIS (AP) — A Belgian newspaper says Bernard Arnault, France’s wealthiest businessman and...