Posts Tagged Business

US employers add 209K jobs, rate rises to 6.2 pct.

In this June 23, 2014 photo, job seekers wait in line to meet with recruiters during a job fair in Philadelphia. The government issues the July jobs report on Friday, Aug. 1, 2014. (AP Photo/Matt Rourke)

WASHINGTON (AP) — U.S. employers extended their solid hiring into July by adding 209,000 jobs. It was the sixth straight month of job growth above 200,000, evidence that businesses are gradually shedding the caution that had marked the 5-year-old recovery.

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Contract talks in Met Opera labor dispute extended

NEW YORK (AP) — It’s a drama worthy of the Metropolitan Opera: Frantic, last-minute labor negotiations aimed at averting a lockout that threatens to stop both pay and benefits for thousands of singers, musicians, stagehands and other workers.

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Sorting out the claims after pipe break: Who pays?

Los Angeles Department of Water and Power "Y" shaped juncture where a water rupture occurred, involving two main trunk lines is seen on Sunset Boulevard in Los Angeles Thursday, July 31, 2014. Work crews have stopped the last of the water gushing from a 30-inch pipe some 30 hours after it burst. Damage costs have yet to be pegged from the rupture of the pipeline that spewed more than 20 million gallons of water in the midst of California's worst drought in decades. The break in the 93-year-old pipe left a swath of the UCLA campus including its basketball arena swamped with water. (AP Photo/Damian Dovarganes)

LOS ANGELES (AP) — Repair crews on Thursday were shoring up a giant hole in the middle of Sunset Boulevard caused by a ruptured pipe, as officials at the water-logged University of California, Los Angeles, continued to assess damage from the 20 million gallons that inundated the campus.

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GM boosted June sales with discounts to dealers

In this May 13, 2014 file photo, an auto worker inspects finished SUVs coming off the assembly line at the General Motors auto plant in Arlington, Texas. As General Motors tackles a safety crisis, a look at its numbers from June show just how intent the company is on keeping new-car sales on the rise during a record spate of safety recalls.  (AP Photo/LM Otero, File)

As General Motors prepares to report monthly sales results on Friday, a look its numbers from June show just how intent the company is on keeping new-car sales on the rise during a record spate of safety recalls.

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Dow plunges as multiple worries vex investors

This April 22, 2010, file photo, shows a Wall Street sign in front of the New York Stock Exchange. U.S. stocks slumped Thursday, July 31, 2014, as investors reacted to disappointing corporate earnings reports and assessed the implications of the approaching end to economic stimulus from the Federal Reserve. (AP Photo/Mark Lennihan, File)

HONG KONG (AP) — Most Asian stock markets dipped on Friday following a big sell-off on Wall Street but losses were limited by optimistic reports on China’s economy.

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