Business News in Brief

Business news from around the region and elsewhere.

Chinese economic data highlight slowdown’Q&A

BEIJING’China s latest economic data point to a deepening slowdown that is adding to pressure on communist leaders to revive growth and avert job losses and political tensions.

Oil rises slightly to near $85 in Asia amid hope for stimulus measures

SINGAPORE – Oil rose slightly to near US$85 a barrel Monday, clawing back some of a large drop from the previous session amid hope that weak U.S. economic growth may trigger new stimulus measures. The Labour Department on Friday said the U.S. economy added 80,000 jobs last month, which was fewer

For a third straight year, job market is slumping

WASHINGTON — U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is still struggling three years after the recession ended.

National Fuel Lawsuit Angers Wales Board

Members of the Wales Town Board remain incensed over National Fuel Gas Supply Corporation's decision to sue the town over the terms of a special use permit. The permit was granted for National Fuel to build and operate a 4,470 horsepower state-of-the-art compressor station on Reiter Road in the southern half of town.

National Fuel Lawsuit Angers Wales Board

Members of the Wales Town Board remain incensed over National Fuel Gas Supply Corporation's decision to sue the town over the terms of a special use permit. The permit was granted for National Fuel to build and operate a 4,470 horsepower state-of-the-art compressor station on Reiter Road in the southern half of town.

Surprise: Stocks having a strong year

NEW YORK For all the scary headlines a bailout of Spanish banks, JPMorgans huge trading loss, the sputtering job market, Facebooks failed initial public offering its a wonder stocks arent down more this year.

Business News in Brief

Business news from around the region and elsewhere.

China H1 growth seen over 7.5 per cent, but pressures remain

China's annual economic growth could exceed 7.5 percent in the first half of 2012 but the economy still faces growing downward pressure.

Plano ISD approves $435 million budget: 3 percent raises included for all employees

Even with a $10 million loss in state funding, Plano ISD was able to pass a budget that included employee raises and no layoffs.