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Business - Top Stories latest news

Business - Top Stories latest news




Starbucks identifies stores to be closed
Starbucks has begun to identify the estimated 600 stores it will close beginning this month. The company has posted a list on its Web site at links.sfgate.com/ZEFL, which it said will be updated as closure dates are confirmed. Eighty-eight of the shops are in...
San Francisco Chronicle Saturday, July 19, 2008

Iraqi village shows hope for wider stability
Brick by brick and one cinderblock at a time, the residents of this Euphrates River village about 45 miles southwest of Baghdad are rebuilding homes that the U.S. military says al-Qaida destroyed while they occupied the area in 2006. Their determination to...
San Francisco Chronicle Saturday, July 19, 2008

State's jobless rate goes up again
California's unemployment rate rose again in June to reach 6.9 percent as tighter consumer spending started to expand job losses beyond the depressed housing and construction industry to other sectors. The percentage of unemployed job seekers matches rates...
San Francisco Chronicle Saturday, July 19, 2008

House prices could fall for two years
LONDON (Reuters) - Citigroup chairman Win Bischoff has warned that house prices in Britain and the United States are likely to keep falling for another two years.
Reuters Saturday, July 19, 2008

Tipping the scale downward
Yellow cab driver Felicia Niculescu knew the economy was hitting the skids months ago when passengers began handing out fewer tips. An average tip from the airport to downtown Salt Lake City used to be $2 or $3.
The Salt Lake Tribune Saturday, July 19, 2008

In Dispute With BP, Kremlin's Hand Is Seen
Critics say that Russian shareholders have enlisted an improbable ally in their attempt to force BP to fire the chief executive of TNK-BP.
The New York Times Saturday, July 19, 2008

Uncomfortable Answers to Questions on the Economy
Is this a recession? How bad is housing? When will banks revive? Is my job safe? Are consumers done? Who's to blame?
The New York Times Saturday, July 19, 2008

Trading in Soccer Talent
Brazilian companies are engaging in a new and controversial wave of investment by buying up contracts of young soccer players and lending the players to teams.
The New York Times Saturday, July 19, 2008

For Global Trade Talks, the Stakes Have Risen
If negotiations fail at the Doha round of trade talks one casualty will be the credibility of the World Trade Organization itself.
The New York Times Saturday, July 19, 2008

To Save Gas, Shoppers Stay Home and Click
A number of retailers are experiencing double-digit sales growth on their shopping Web sites at a time when simply filling up a gas tank to head to the mall can seem like a spending spree.
The New York Times Saturday, July 19, 2008

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