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Job losses continue
Employers trimmed jobs from their payrolls in June for the sixth straight month, as the government's closely watched report Thursday showed continued weakness in the labor market.
CNN

FAA`s Own Report Says Agency Too Cozy With Airlines
The Federal Aviation Administration inspector general has issued a report saying that the agency has gotten too cozy with the airlines. The Wall Street Journal's Andy Pasztor reports.
NPR

Oil Soars On Report Of U.S. Supply Decline
The latest spike in oil prices means a barrel of crude has gone up by more than 50 percent since the end of last year, when oil was going for $96 a barrel.
CBS News

Isle of Capri Casinos fiscal 4Q loss widens
ST. LOUIS (AP) - Casino operator Isle of Capri Casinos Inc. on Wednesday reported a wider fiscal fourth-quarter loss, hurt by a hefty impairment charge related to its U.K. business and an increase in operating expenses, but adjusted results beat Wall Street expectations.
AOL

Visa Changes PIN Policy For $25-Or-Less Purchases
Visa is rescinding a rule that requires merchants to treat Visa-branded PIN-debit cards differently from signature debit cards. Co-host Renee Montagne reports.
NPR

Lenders blamed for troubled borrowers
Lenders are doing too little, too late to help distressed borrowers avoid foreclosure, according to a report issued yesterday by the California Reinvestment Coalition. “The backdrop for all of this is the predatory lending practices of the last few years,” said Kevin Stein, associate director of the San Francisco-based coalition.
SignOnSanDiego.com

Network Simulation and Emulation: Try It Before You Deploy It
Best-in-Class organizations are three times more likely to leverage solutions for network simulation and emulation than Laggards, according to a February report by Aberdeen. Deployment of these solutions resulted in Best-in-Class companies being twice as likely to report improvements in their ability to accurately estimate the impact of new technology rollouts on network performance.
E-Commerce Times

Fund Manager Who Faked His Suicide Surrenders
Samuel Israel III, a fugitive hedge fund swindler who faked his suicide on the day he was to report to prison, turned himself in after speaking to his mother by phone.
The New York Times

Futures move cautiously higher
U.S. stocks looked set for a higher open Thursday, but the mood could easily shift amid a new high for oil prices and ahead of a key report on U.S. employment and a decision on interest rates in Europe.
CNN Money

Public Pay Deals
Pay deals in the public sector have fallen more than 1% below those in private firms as a result of the Government's pay policy, a new report has shown.
The UK News

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Archived "business - reported steep" news stories.

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November 2009
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