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Newpapers in Dover NH |
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AP Top Business News At 10:53 p.m. EDT
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AP Top Business News At 10:53 p.m. EDT
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62,000 jobs lost, off nearly half-million for year
WASHINGTON (AP) -- The nation lost jobs for a sixth month in a row in June, a storm of pink slips drenching this year's July Fourth holiday for more than 60,000 Americans and leaving thousands more worried about the future....
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Service sector contracts as orders fall
NEW YORK (AP) -- Higher oil prices caused service businesses to shrink in June, as falling new orders and rising costs hit the nation's coffee shops, paper mills and corner stores....
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Stocks end mixed following jobs, services data
NEW YORK (AP) -- Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. But stocks still had their third dismal week in a row, with the major indexes again posting losses as worries about rising oil prices and the fallout from the credit crisis dogged the market....
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Judge urges Eli Lilly to settle Zyprexa lawsuit
INDIANAPOLIS (AP) -- A federal judge in New York is urging Eli Lilly and Co. to settle a multibillion-dollar lawsuit filed by insurance companies, unions and others who claim the pharmaceutical giant overpriced its top-selling drug Zyprexa and exaggerated its usefulness....
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NY judge orders prison for former Refco CEO
NEW YORK (AP) -- The former head of Refco Inc., blamed for the collapse of one of the world's largest commodities brokerages, was sentenced to 16 years in prison Thursday by a judge who decried the "staggeringly arrogant" greed of white collar criminals....
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Oil heads past $145 for 1st time; pump cost up too
NEW YORK (AP) -- Soaring fuel costs are taking some of the celebration out of this holiday weekend....
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Judge in NY scolds hedge fund scammer who ran away
NEW YORK (AP) -- A hedge fund cheat who tried to fake his own death and spent nearly a month as a fugitive told a judge Thursday that he really did try to commit suicide while on the run, saying he thought it would be better to do himself in than turn himself in....
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Ky. lawyers face new trial in diet-drug settlement
COVINGTON, Ky. (AP) -- Two lawyers accused of defrauding their clients in a diet-drug settlement of $65 million were sent back to jail Thursday after a jury deadlocked and a federal judge declared a mistrial....
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Continental ordered to trial in Concorde explosion
PARIS (AP) -- A French judge ordered Continental Airlines and five people to stand trial on charges of manslaughter for the 2000 crash of a Concorde jet that killed 113 people, a prosecutor said Thursday....
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ECB raises key rate to 4.25 percent
FRANKFURT, Germany (AP) -- Wary of higher energy and commodity prices, the European Central Bank raised its benchmark interest rate Thursday by a quarter percentage point to 4.25 percent, a move it hopes will help curtail rising inflation in the 15 countries that use the euro....
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