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US employers shed 62,000 jobs in June
Raw Story- 7/3/2008 4:53:56 PM
US employers shed 62,000 nonfarm jobs in June signaling that the world's largest economy is struggling to maintain momentum, a Labor Department report showed Friday.
Penn National gaming takeover shelved
Philly.com- 7/3/2008 4:43:10 PM
Casino operator Penn National Gaming Inc. said today that its $5.82 billion takeover by Fortress Investment Group LLC and private equity firm Centerbridge Partners LP has been terminated in the face of a ...
UnitedHealth cuts 2008 outlook as premiums slip
Post-Bulletin- 7/3/2008 2:39:21 PM
Health insurer UnitedHealth Group Inc. on Wednesday said it will pay $895 million to settle lawsuits over its stock option practices, and it warned that weaker business and higher costs will cut into profits ...
Employers cut 62,000 jobs in June, 438,000 this year
USA Today- 7/3/2008 1:57:03 PM
Employers shed 62,000 workers in June - the sixth straight month of job losses - as the construction and manufacturing sectors continued to founder, the Labor Department said Thursday.
Don't blame the buck for high oil price: Paulson
Reuters- 7/3/2008 1:02:05 PM
A weaker dollar cannot be blamed for soaring oil prices as policymakers around the world tussle with the twin specters of rising inflation and slowing growth, U.S. Treasury Secretary Henry Paulson said on ...
Oil Prices near $146 per Barrel
WIBW-TV Topeka- 7/3/2008 11:58:21 AM
Oil prices neared $146 a barrel Thursday for the first time ever on reports of declining U.S. stockpiles and the threat of conflict with Iran.
Treasury secretary wants tougher regulations
London Free Press- 7/3/2008 11:50:20 AM
The United States must build a tougher regulatory system that can allow financial institutions to fail without causing wider economic turbulence, U.S. Treasury Secretary Henry Paulson said yesterday in London.
UnitedHealth cuts jobs, outlook
Journal Gazette- 7/3/2008 10:50:54 AM
UnitedHealth Group Inc. cleared its decks of bad news Wednesday, announcing a lower profit outlook, a restructuring that will trim 4,000 jobs and a $900 million payout to settle a class-action lawsuit over ...
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