All Entries Tagged With: "Business News"
Obama, CEOs To Talk Job Creation Wednesday
121 324views Get Business Alerts Email Comments 1,680 WASHINGTON — The White House says President Barack Obama will discuss ideas for creating jobs and making the U.S. more competitive when he hosts about 20 CEOs on Wednesday. The White House isn’t saying yet who’s on the invitation list for the event at Blair House. White [...]
4 million Americans set to lose unemployment benefits.
Full Story:Huffingtonpost.com Even as Congress debates whether to extend emergency unemployment checks for more than 6 million Americans who are approaching the 99-week-limit, some four million others are facing the certain end of their benefits over the next year, unless an entirely new program is crafted. This is the sobering conclusion of a report released [...]
NETFLIX KILLS BLOCK BUSTER THE VIDEO STAR.
Full Story: Huffington post.com NEW YORK — Blockbuster Inc., once the dominant movie rental company in the U.S., filed for Chapter 11 bankruptcy protection on Thursday, after reeling from mounting losses, rising debt and competitors that have better catered to Americans’ changed media habits. Blockbuster will continue to operate its 3,000 U.S. stores. But the [...]
Unemployment rate rises as labor force expands.
Full Story:NorthJersey.com WASHINGTON — The unemployment rate rose in August for the first time in four months as weak hiring by private employers wasn’t enough to keep pace with a large increase in the number of people looking for work. The Labor Department says companies added a net total 67,000 new jobs last month, down [...]
New Unemployment Claims SURGE, Hit Highest Level Since November 2009.
WASHINGTON (AP) — New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows.
