Jan 26- Hard-drive maker Seagate Technology Plc reported quarterly revenue below analysts' estimates, hurt by lower demand for its products as shipments of personal computers fell. Seagate and rival Western Digital Corp are tapping into the growing demand for products that help store data in the cloud and reducing their dependence on personal computer hard...» Read More
SAO PAULO-- Brazil's national electricity grid is bracing itself for possible power outages Friday night as television airs the final chapter of the smash soap opera has enthralled Latin America's biggest country for months.
Mississippi had a 9.1 percent jobless rate in August and a 10.9 percent rate in September 2011, according to Bureau of Labor Statistics figures adjusted to cancel out predictable seasonal fluctuations. That survey found total Mississippi payrolls rose to 1.09 million in September, up 3,200 jobs from August.
_ it's billboards to speak out against a Pittsburgh City Council plan to tax the message board. Lamar Advertising of Baton Rouge, La., is targeting the council members who are proposing the 10- percent tax, Natalia Rudiak and Darlene Harris.
HARRISBURG, Pa.-- Pennsylvania's jobless rate rose again for the fourth straight month in September, although it coincided with the biggest monthly jump in hiring since February. The state Department of Labor and Industry said Friday that the unemployment rate rose to 8.2 percent from 8.1 percent, as an estimated 29,000 people started looking for work.
DES MOINES, Iowa-- Iowa's unemployment rate has dropped to 5.2 percent in September, down significantly from the August figure. Workforce Development Director Teresa Wahlert says the decline was welcome news. Iowa's unemployment rate is far below the national rate of 7.8 percent.
TALLAHASSEE, Fla.-- Florida's unemployment rate was 8.7 percent in September, a slight improvement from the previous two months and the final state job numbers available to voters before Election Day. Florida unemployment was 8. 8 percent in July and August. "These numbers tell us two things," Florida Gov.
AUGUSTA, Maine-- Maine finance officials are giving some dreary fiscal news to lawmakers, but also point to some positive trends that could brighten the picture.
JOLIET, Ill.-- An Amtrak passenger train has reached a speed of 110 mph for the first time in Illinois. The five-car, two-locomotive train zipped through the central Illinois countryside, hitting its high speed between the towns of Dwight and Pontiac.
General Electric reported strong profit growth in the third quarter, but revenue was below expectations and investors were concerned about the company's tepid growth forecast for 2013..
MILWAUKEE-- Sensient Technologies' net income grew 3 percent in the third quarter but results weighed down by a strong dollar. Sensient, which makes colors, flavors and scents for food, cosmetics and ink, narrowed its full-year guidance, but still expects net income consistent with Wall Street expectations.
NASHVILLE, Tenn.-- Japanese automaker Nissan Motor Co. announced Friday it will add a third shift at a vehicle assembly plant in Tennessee, adding more than 800 jobs. "Nissan and Tennessee have enjoyed a long and successful partnership, and this announcement shows the strength of the company and the market demand for its products," Haslam said in a statement.
SACRAMENTO, Calif.-- California's jobless rate fell to from 10.6 to 10.2 percent in September in what may be the largest drop in 36 years, the state announced Friday. The numbers from the Employment Development Department show the largest tumble in the monthly unemployment rate since 1976, said Kevin Callori, a spokesman for the department.
BATON ROUGE, La.-- Technology and engineering firm The Shaw Group Inc. said Friday that it turned a profit in its fiscal fourth quarter. In the recent quarter Shaw agreed to be acquired by Chicago Bridge& Iron NV for about $3.2 billion. In the quarter ended Aug. 31, Shaw Group earned $113.2 million, or $1.68 per share.
AUSTIN, Texas-- The Texas unemployment rate has fallen sharply to 6.8 percent in September, down from 7.1 percent in the largest one-month drop in nearly 30 years. The Texas Workforce Commission said Friday that the state added 21,000 nonfarm jobs, led by a gain of 13,600 jobs in professional and business services.
WASHINGTON-- The unemployment rate in the nation's capital continues to decline. District of Columbia officials say preliminary September estimates show an 8.7 percent jobless rate, down from 8.8 percent in August.
AUGUSTA, Maine-- The Maine Labor Department says the preliminary unemployment rate for September was 7.6 percent, down slightly from August's 7.7 percent. Figures released Friday are adjusted to reflect seasonal fluctuations in the labor market.
Bank of America was the best performer, improving its key capital ratio under Basel III rules by more than 1 percent, to 8.97 percent, Fitch said. To do so, Bank of America reduced riskier securities held in its portfolio. JPMorgan Chase improved the same ratio by a half-percentage point, reducing its riskier assets by $21 billion.
LINCOLN, Neb.-- Nebraska's unemployment rate dropped to 3.9 percent in September, a tenth of a percentage point under the August and July figure of 4 percent, the state Labor Department said in a report released Friday. Only North Dakota's September rate of 3 percent was lower than Nebraska's. Unemployment in the state's largest city, Omaha, dropped to 3.8 percent.
NEW YORK-- Lowe's is seeking to hire two senior level executives that could play a role in its CEO succession plan. The No. 2 home improvement retailer is looking for a chief merchandising officer and a head of supply chain, two positions left vacant since Lowe's reorganized in May.
DENVER-- Colorado's unemployment rate decreased to 8 percent in September, down two-tenths of a percentage point from August's unemployment rate of 8.2 percent.