Eurozone survey signals waning growth China factory index ticks up, easing growth fears Global stocks off but China rebounds Investors fret Yahoo's future, stock dips US existing home sales fall in August Philips to separate lighting arm into new company Siemens to acquire Dresser-Rand for $7.6 billion German Merck to buy St.» Read More
SALT LAKE CITY-- Utah officials say the state's unemployment rate dropped to 5.4 percent for the month of September. The data released Thursday by the state Department of Workforce Services shows that 73,100 Utah residents were out of work in September. The data shows that Utah has added about 24,400 jobs over the past 12 months.
MONTGOMERY, Ala.-- Amendment 7 on Alabama's ballot looks like a simple measure to preserve the right to a secret ballot. Kurt Wallace of Maplesville, said he wants to stop union organizers from harassing employees who won't sign a card. Al Henley, president of the Alabama AFL-CIO, says there is harassment, but it's from the other side.
Among the earnings stories for Thursday, Oct. 18, from AP Business News:. _ Morgan Stanley reported higher revenue and net income for its third quarter thanks to gains in its bonds and asset management businesses.
NEW YORK-- Shares of Greenhill& Co. Inc. dropped 8 percent Thursday after the investment management company reported flat profit for the third quarter.
Among the earnings stories for Thursday, Oct. 18, from AP Business News:. _ Google Inc.' s stock plunged after a contractor released the search company's third-quarter earnings report early, by mistake.
Go Daddy on Thursday announced it had signed New York agency Deutsch Inc. to produce its two 30- second Super Bowl spots, the first time the website domain provider has gone outside for the ads it has done itself since 2005..
NEW YORK-- Growth in third-quarter profit and revenue drove up shares of eBay Inc. Thursday, although some analysts called the e-commerce company's outlook cautious. THE SPARK: EBay Inc. reported a 22 percent increase in its net income due to growth at its PayPal payments service and the marketplaces business that includes eBay.com.
Google plunged 9 percent after it accidentally released a weak earnings report hours ahead of schedule. "This is a market that's waiting for a clear catalyst," said Quincy Krosby, market strategist at Prudential Financial. Google's stock dropped $68.19 to $687.30 before trading was suspended.
Among the stock activity stories for Thursday, Oct. 18, from AP Business News:. _ Shares of Mellanox Technologies Ltd. fell after the semiconductor maker issued a disappointing revenue outlook for the current quarter and full year.
Among the stock activity stories for Thursday, Oct. 18, from AP Business News:. _ Shares of Vivus Inc. fell after an analyst said Wall Street may be over-estimating gains from initial sales of the drug developer's obesity treatment Qsymia.
NEW YORK-- Consumers are expected to only slightly increase their holiday budgets for items like decor, greeting cards and gifts this year compared with a year ago, the nation's largest retail trade group says. The National Retail Federation says shoppers are expected to spend $749.51 in November and December.
BALTIMORE-- A Maryland chicken farmer at the center of a pollution lawsuit that could affect the state's poultry industry said Thursday that the battle has been stressful for his family and has made him paranoid. Alan Hudson, who raises chickens for poultry giant Perdue, is being sued by a New York- based environmental group.
CARSON CITY, Nev.-- The number of Nevadans filing initial claims for jobless benefits fell in September to the lowest level in five years.
NEW YORK-- Morgan Stanley said Thursday that its corporate clients are ready to do business _ but they're a little unnerved by the impending fiscal crisis.
What makes politics here different is who works in those skyscrapers _ not lawyers or accountants, but heavily unionized housekeepers, blackjack dealers and line cooks who have abruptly transformed Nevada into a swing-voting state. Her youngest daughter will soon graduate from the University of Nevada, Las Vegas. "
LITTLE ROCK, Ark.-- Talk show host Montel Williams on Thursday accused opponents of an Arkansas ballot measure that would legalize medical marijuana of resorting to "racist" imagery with a television ad featuring an African-American actor portraying a drug dealer.
ALMOST PAYDIRT: Crude production in Kazakhstan's mammoth Kashagan oilfield project is expected to begin sometime next year. EUREKA: When surveyors confirmed in 2000 that Kazakhstan had a new supergiant oil reserve, the world's energy companies reacted with glee.
CHICAGO-- Railcar leasing company GATX Corp. said Thursday that its third-quarter earnings rose on a surge in orders for tank cars to haul oil, gas and chemicals. The company earned $53.8 million, or $1.13 per share, compared with $32.9 million, or 70 cents per share, a year ago. But stripping out those one-time items, GATX still topped Wall Street expectations.
:A measure of U.S. economic activity designed to give signals about the future rose 0.6 percent in September, rebounding after a revised 0.4 percent dip in August. THE DRIVERS: The strength in September came from a big jump in applications for building permits, low interest rates and rising stock prices.
DESCENT INTO VIOLENCE: Hundreds of youths pelted riot police with fire bombs, bottles and chunks of marble at a Greek anti-austerity demonstration, less than a month after more intense clashes broke out during a similar protest.