Business News

Unemployment inched up in August
Philadelphia Inquirer
The nation's unemployment rate inched up to 9.6 percent in August as public and private employers, for the third straight month, laid off more people than they hired, the Department of Labor reported Friday. ...
Private employers add 67000 jobs, but unemployment rate risesSan Jose Mercury News
Economy 101: Jobless rate widens for black workersThe Associated Press
US Unemployment: Total Unemployment Rate 9.6% Is Very DishearteningAsia Bizz
Sarasota Herald-Tribune -Pittsburgh Post Gazette -Forbes
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Jorge Paulo Lemann: the Brazilian billionaire taking a bite out of Burger King
Telegraph.co.uk
Warren Buffett has described the new owner of Burger King as a good friend. That, if nothing else, should help Jorge Paulo Lemann get a credit card in the US if he ever wanted one. By Richard Blackden, US Business Editor Not that the 71-year old would ...
Analysis: Burger King sale may stoke restaurant dealsReuters
Burger King Agrees to $4 Billion Private Equity OfferNew York Times
What went wrong at Burger KingCNNMoney
TheStreet.com -Bloomberg -BusinessWeek
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Not-so-dire jobs report gives stocks a boost
Washington Post
The stock markets topped off their best week in a month Friday as the latest jobs report calmed fears that the sputtering economy is headed toward a double-dip recession. The major stock indexes climbed more than 1 percent Friday ...
Dow Finishes 128 Points Higher on Jobs ReportTheStreet.com
Stocks Rally as Jobs Data Spurs OptimismABC News
Stocks extend September rally after jobs reportThe Associated Press
FOXBusiness -CNNMoney -MarketWatch
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HP to buy 3Par as Dell pulls out of race
Financial Times
Hewlett-Packard won the bidding battle for data storage company 3Par on Thursday after rival computer maker Dell balked at raising its offer again. 3Par accepted HP's latest bid of $33 a share, or about $2.4bn, ...
HP poised to acquire 3Par as Dell bows outWashington Post
3Par boss nets ?65m fortune from hi-tech bidding warThe Guardian
Owners of a Third of 3PAR Back HP BidABC News
Los Angeles Times -PC World -The Associated Press
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Louisiana: Blowout Preventer Is Removed
New York Times
BP on Friday removed the damaged blowout preventer from atop the company's stricken oil well in the Gulf of Mexico in preparation for the final plugging of the well, the government said. Thad W. Allen, the retired Coast Guard admiral ...
BP replaces failed blowout preventer on Gulf wellReuters
BP Replaces Gulf Oil Well's Blowout PreventerWall Street Journal
Failed blowout preventer removed from BP wellLos Angeles Times
The Associated Press -Boston Globe -Seattle Times
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Texas opens inquiry into Google search rankings
The Associated Press
SAN FRANCISCO — Google Inc.'s methods for recommending websites are being reviewed by Texas' attorney general in an investigation spurred by complaints that the company has abused its power as the Internet's dominant search engine. ...
Texas watchdog reviews Google's practicesFinancial Times
Google Search Probed by Texas AG for AntitrusteWeek
Texas opens antitrust investigation of GoogleCNET
Computerworld -RTT News -Times LIVE
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Review & Outlook: The Diviner of System Risk
Wall Street Journal
After two more days of hearings this week about the 2008 credit meltdown, the lid on Federal Reserve Chairman Ben Bernanke's black box remains shut and locked. Testifying Thursday before the Financial Crisis Inquiry Commission, Mr. Bernanke made ...
Government regulators slow to act on triggers of crisis, Bernanke saysWashington Post
Bernanke EmpoweredBloomberg
New Book: How Lehman Lost Its WayCNBC
National Mortgage Professional Magazine -Financial Times -ABC News
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Goldman to Close Prop-Trading Unit
Wall Street Journal
Goldman Sachs Group Inc. has decided to close its principal-strategies unit, which does proprietary trading, in the wake of financial-overhaul regulation passed by Congress, according to a person familiar with the matter. ...
Goldman shutting prop trading desk: reportReuters
Goldman Sachs Said to Shut Principal Strategies UnitBloomberg
Goldman Sachs Shuttering Principal Strategies GroupCNBC
DailyFinance -FOXBusiness -TheStreet.com
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Wheat futures rise as Russia extends export ban
MarketWatch
SAN FRANCISCO (MarketWatch) -- Wheat futures continued to push higher Friday, a day after Russia roiled grain markets by extending a ban on wheat exports into late 2011. Wheat futures gain after Russia ...
UN crisis talks on food prices as riots hit MozambiqueThe Guardian
The cost of wheatBBC News
FAO calls special meeting on rising global food pricesAFP
BusinessWeek -Financial Times -Wall Street Journal
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