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FDA nixes cancer drug Avastin

November 19, 2011 WASHINGTON (AP) — The blockbuster drug Avastin should no longer be used in advanced breast cancer patients because there’s no proof that it extends their lives or even provides enough temporary... more »»

Heinz adapting to markets

November 19, 2011 PORTLAND, Ore. (AP) — H.J. Heinz Co knows that every penny counts in this economy. more »»

Jobs market improves slowly

November 18, 2011 WASHINGTON (AP) — Little by very little, the job market is getting better. more »»

Stocks slip again

November 18, 2011 NEW YORK (AP) — A spike in borrowing costs for the Spanish government renewed worries about Europe’s debt crisis and pushed stocks lower for the second day in a row. more »»

Oil prices fall back below $99

November 18, 2011 NEW YORK (AP) — Oil prices tumbled nearly 4 percent on Thursday, dropping below $99 a barrel on growing fears about the future of the European Union and the global economy. more »»

Production starts at new Toyota plant

November 18, 2011 BLUE SPRINGS, Miss. (AP) — Toyota celebrated the start of Corolla production at its newest U.S. auto plant Thursday after a lengthy delay that the car maker blamed on a weak economy. more »»

Stronger factories, lower prices lift economy

November 17, 2011 WASHINGTON (AP) — U.S. manufacturing is recovering from a slump, and inflation may be peaking. Data issued Wednesday point to an economy growing slowly but steadily. more »»

Stocks plunge after Fitch warns on US bank exposure

November 17, 2011 NEW YORK (AP) — A warning from Fitch Ratings that large U.S. banks could be hit hard if Europe’s debt crisis spreads sent stocks on a downward spiral late Wednesday. U.S. more »»

For first time, nations mull Greek exit from euro

November 17, 2011 LONDON (AP) — Maybe it’s not the Hotel California after all. Ever since the idea of the euro currency really took off in the late 1980s, it has been accepted wisdom that entry was forever. more »»

Oil hits $100

November 17, 2011 NEW YORK (AP) — Oil prices have hit $100 per barrel for the first time in nearly four months. The price of benchmark West Texas Intermediate crude rose as high as $100. more »»

Japan decides to join discussion on Pacific Rim free trade zone

November 12, 2011 TOKYO (AP) — Prime Minister Yoshihiko Noda announced Friday that Japan will participate in talks on joining a U.S. more »»

Stocks surge

November 12, 2011 NEW YORK (AP) — Stocks surged Friday, erasing their losses for the week, after Italy and Greece moved closer to forming new governments and getting their financial crises under contro. more »»

Wegmans announces recall

November 12, 2011 ROCHESTER, N.Y. (AP) — Wegmans Food Markets says 4,000 pounds of its mashed sweet potatoes are being recalled because of possible contamination with pieces of white plastic. The Rochester, N.. more »»

Oil price flirts with triple digits

November 12, 2011 NEW YORK (AP) — The price of oil is closing in on $100 per barrel for the first time since summer. more »»

Key mortgage rate tumbles

November 11, 2011 WASHINGTON (AP) — The average rate on the 30-year fixed mortgage fell below 4 percent for just the second time in history. Freddie Mac said Thursday the rate on the 30-year fixed loan fell to 3. more »»

Jobless aid at 7-month low

November 11, 2011 WASHINGTON (AP) — The outlook for American jobs and trade looked a little brighter Thursday, despite growing uncertainty oversea. more »»

Stocks regain 1 percent

November 11, 2011 NEW YORK (AP) — Signs of progress in Europe’s debt crisis and an unexpected drop in unemployment claims pushed stocks higher Thursday, a day after the stock market took its worst fall since the... more »»

Local dealer celebrates Chevy’s 100th birthday

November 5, 2011 By BRIAN FERRY bferry@timesobserver.com There wasn’t a lot of baseball at the Jones Chevrolet celebration on Thursday, but there were hot dogs, apple pie, and plenty of classic cars. On No. more »»

Stocks slide

November 5, 2011 NEW YORK (AP) — Investors were taking few chances Friday while they waited for a confidence vote in Greece on the country’s embattled prime minister. more »»

Hiring picks up

November 5, 2011 WASHINGTON (AP) — The American economy added 80,000 jobs in October, and job growth in the two previous months was much stronger than first thought, an encouraging sign as the nation searches for a... more »»

 
 

 

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