Archive for December, 2010

Stocks mixed on last day of strong year for market

Stocks ended a gut-wrenching 2010 quietly Friday. The major indexes were little changed and trading volume was at one of its lowest levels of the year as many traders took the day off. (42 mins ago)

Fewer join unemployment rolls; good sign for 2011

Far fewer people are applying for unemployment benefits as the year ends, raising hopes for a healthier job market in 2011. (18 mins ago)

GE Leads $3.19 Trillion in Corporate Bond Sales: Credit Markets

Corporate bond sales worldwide topped $3 trillion for a second straight year, led by the highest-ever issuance of junk-rated debt, as borrowers locked in the lowest yields on record. (54 mins ago)

Case-Shiller shows Portland and six other cities at home-price lows last seen in 2009

The S&P Case/Shiller index, generally considered the best gauge of home prices, shows sales of previously owned single-family homes fell 0.8 percent in October over the same time last year (24 mins ago)

Consumer Reports Rates Frozen Pizzas

What is the best-tasting frozen pizza? Consumer Reports put its taste buds to good use. (2 hours ago)

Halt planned corporate tax cut, B.C. NDP says

New Democrats say the Liberal government’s Jan. 1 cut will shift the tax burden from businesses onto families (15 mins ago)

Debt, less revenue big factors in Butler County’s budget woes

HAMILTON One could argue that much of the blame for Butler County’s financial woes can be placed on the embattled U.S. economy.Around 2008, the economy took a sharp turn downward. Sales tax receipts can support that locally. The county is down 0.5 percent from 2009 while neighboring counties are up at least 2.5 percent. (52 mins ago)

Work-related injury insurance scheme expanded

China will expand the coverage of work-related injury insurance, said an amendment to the Regulation on Work-Related Injury Insurance released by the State Council Friday. (1 hour ago)

Business Highlights

Economy brightens as consumers spend, layoffs slow (22 mins ago)

The Big Buildup

Southern Nevada’s sour economy has contractors scrambling for survival. A dearth of development activity comes after a real estate boom spurred a building bonanza aided by easy credit and eager entrepreneurs. (23 mins ago)