Latest Business News Wires - Business Headlines


  • NY jobless rate dipped to 8.9 percent in September Friday, 19 Oct 2012 | 10:45 AM ET

    ALBANY, N.Y.-- State labor officials say New York gained about 2,900 private sector jobs in September and the unemployment rate stood at 8.9 percent, down 0.2 percent from a month earlier. They said Thursday the job count in the state stood at 7,337,000, the most ever.

  • English soccer promotes anti-racism T-shirts Friday, 19 Oct 2012 | 10:44 AM ET

    LONDON-- Damaged by a yearlong racism case involving John Terry, English soccer will ask Premier League players to don anti-racism T-shirts during the warm-up for matches this weekend.

  • Delta, U.S. Airways to offer flights to Key West Friday, 19 Oct 2012 | 10:44 AM ET

    KEY WEST, Fla.-- Delta Air Lines Inc. and U.S. Airways are planning to begin nonstop seasonal service between Key West and both New York City and Washington D.C. in time for the Christmas travel season. U.S. Airways is a unit of US Airways Group Inc..

  • Earnings Preview: Reynolds American to post 3Q Friday, 19 Oct 2012 | 10:44 AM ET

    RICHMOND, Va.-- Reynolds American Inc., the second-biggest U.S. cigarette company, should give investors some insight into its premium Camel brand and its value-priced Pall Mall brand when it releases its third-quarter results before the stock markets open Tuesday.

  • Grant to help repair homes in southwest Colorado Friday, 19 Oct 2012 | 10:37 AM ET

    Mark Udall says a $50,000 federal grant will help repair and rehabilitate 50 homes of lower-income, rural families in five southwest Colorado counties. The Colorado Democrat said Thursday that the U.S. Department of Agriculture has awarded the grant to the Colorado Four Corners Office for Resource Efficiency, known as 4 CORE.

  • Copano Energy prices offering of 6M units Friday, 19 Oct 2012 | 10:35 AM ET

    HOUSTON-- Copano Energy priced a public offering of 6 million common units at $32.13 apiece. Copano Energy LLC said Friday that it is giving the underwriters a 30- day option to buy up to an additional 900,000 units. Shares of Houston- based Copano Energy LLC dropped $1.28, or 3.8 percent, to $32.08 in morning trading.

  • Poll: Quinn leads, more Dems unsure in NYC race Friday, 19 Oct 2012 | 10:34 AM ET

    NEW YORK-- A growing number of New York City Democrats aren't sure whom to back in next year's mayoral race, but City Council Speaker Christine Quinn still comes out ahead of several likely primary rivals, a new poll showed Thursday.

  • Tenn. September unemployment drops to 8.3 percent Friday, 19 Oct 2012 | 10:33 AM ET

    NASHVILLE, Tenn.-- Tennessee's unemployment rate decreased slightly in September. Labor and Workforce Development Commissioner Karla Davis said in a news release Thursday that September's rate was 8.3 percent, down from 8.5 percent in August.

  • Kan. unemployment drops to 5.9 percent in Sept. Friday, 19 Oct 2012 | 10:32 AM ET

    TOPEKA, Kan.-- A new report says the Kansas jobless rate dropped below 6 percent in September for the first time in almost four years. Kansas last had a jobless rate below 6 percent in December 2008. The department also said Kansas continues to see modest growth in private, non-farm employment.

  • Survey: NYCers more optimistic about city future Friday, 19 Oct 2012 | 10:31 AM ET

    The survey was conducted by the Marist Institute for Public Opinion on behalf of the Municipal Art Society of New York. When asked which of New York City's five boroughs was the best place to start a new business, 44 percent of those polled picked Manhattan, while 62 percent thought it was the most artistic or creative borough.

  • La. casinos win $199.7 in September Friday, 19 Oct 2012 | 10:29 AM ET

    NEW ORLEANS-- Gamblers lost nearly $199.7 million at Louisiana's state licensed casinos in September, up from $188 million for August and $196.6 million for September of last year.

  • Charges of cronyism in Hungary farmland contracts Friday, 19 Oct 2012 | 10:28 AM ET

    KAJASZO, Hungary-- Gergely Bocsodi's family has been farming in this central Hungarian village for six generations but he fears there may not be a seventh, as the region is caught up in a once-in-20-years land grab.

  • Suits seek to block mountaintop mines in 2 states Friday, 19 Oct 2012 | 10:28 AM ET

    LOUISVILLE, Ky.-- The Sierra Club along with environmental groups in Kentucky and West Virginia are attempting to block permitting at two mountaintop surface mines, alleging in federal lawsuits that the U.S. Army Corps of Engineers did not consider potential health impacts on residents.

  • Fla. gov troubled by firings at property insurer Friday, 19 Oct 2012 | 10:25 AM ET

    TALLAHASSEE, Fla.-- A move by Florida's largest property insurer to dismiss employees responsible for investigating wrongdoing drew criticism Thursday from Gov.

  • Wyoming goes through 3rd driest water year Friday, 19 Oct 2012 | 10:24 AM ET

    CHEYENNE, Wyo.-- Wyoming just completed its third driest year in 118 years and saw its driest March through September period ever, the National Weather Service said Thursday. Wyoming averaged 8.77 inches of snow and rain in the most recent measurement year, which ran from October 2010 to September.

  • First Niagara 3rd-qtr profit down on restructuring Friday, 19 Oct 2012 | 10:23 AM ET

    The holding company for First Niagara Bank said Friday that the period ended Sept. 30 was its 11th straight quarter of double-digit growth for its commercial loan book. First Niagara's net income available to common shareholders fell to $50.8 million, or 14 cents per share, from $57 million, or 19 cents per share, in the same period last year.

  • Report: Nebraska wind power would boost economy Friday, 19 Oct 2012 | 10:23 AM ET

    LINCOLN, Neb.-- Nebraska is trailing its neighbors in wind-energy development and missing an opportunity to add jobs to the state economy while producing a cleaner form of energy, according to a report released Thursday.

  • Drought strains Minnesota's water resources Friday, 19 Oct 2012 | 10:22 AM ET

    MINNEAPOLIS-- Drought conditions are straining water supplies in the Land of 10,000 Lakes, leading Minnesota officials on Thursday to urge residents to cut back on their water use. "We're encouraging all nonessential uses to really be curtailed and stopped," Department of Natural Resources official Dave Leuthe said during a conference call with reporters. "

  • Feds probe complaints that Jeep Patriots stall Friday, 19 Oct 2012 | 10:21 AM ET

    Chrysler Group LLC, the maker of Jeeps, sold another 18,000 in Canada. In one complaint, a Subaru driver told NHTSA that on May 2, a Patriot's engine died while it was on Interstate 5 on the West Coast. The Subaru was behind the Patriot when it happened, and the woman driving the SUV did not hit the brakes, according to the complaint. "

  • Earnings from McDonald's, Microsoft sink stocks Friday, 19 Oct 2012 | 10:19 AM ET

    NEW YORK-- Poor earnings reports from three companies in the Dow Jones industrial average _ Microsoft, General Electric and McDonalds _ sent indexes down sharply Friday, marking a sour end to an otherwise strong week in the stock market. McDonald's led a broad drop in the Dow, falling 3 percent.