Regional Business News

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District's unemployment rate reaches record high

Unemployment in the District soared to a record high of 11.9 percent in October, according to government data released Friday, ranking it among California, Nevada, Michigan and other states with the highest jobless rates.

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Moderate Dems wooed in crucial health vote

Key lawmaker announces he'll vote Saturday to begin debate on the bill Sen. Ben Nelson, D-Neb., says that the Senate owes his constituents "a full and open debate" on the health care overhaul. Nov. 20: Senate leaders need...

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More States Add Jobs, But Many For Temporary Staff

28 States Added Jobs In October, But The Employment Gains May Be Short-lived (AP) WASHINGTON (AP) - In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely...

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Ohio AG Sues Credit Agencies for Public Pensions

Ohio AG sues 3 credit rating agencies over high ratings given to mortgage-backed securities COLUMBUS, Ohio November 20, 2009 (AP) The Associated Press Post a Comment Ohio's attorney general has sued the three credit ratings...

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IPOs: Archipelago, 7 Days Gain

The IPOs of U.S. online education company Archipelago Learning and Chinese hotel chain 7 Days Group attracted investors, while coal miner Cloud Peak and defense-technology firm Global Defense Technology & Systems didn't.

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Retooled labor deal key for Harley plant

HARRISBURG, Pa. -- A tentative labor agreement distributed Friday to workers at Harley-Davidson's plant in south-central Pennsylvania makes it appear likely that the motorcycle maker will keep its operations there, instead of...

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Goldman Sachs employees on trash duty for Thanksgiving

By Verena Dobnik, Associated Press Writer NEW YORK — The Salvation Army plans to serve 10,000 free dinners across New York City this Thanksgiving — meals planned by a star chef, cooked by one of the city's ritziest caterers and...

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Real Estate Agents See Return of Foreign Buyers

Low prices, weak dollar attracts international investors into US housing market By ADRIAN SAINZ AP Real Estate Writer The Associated Press Post a Comment Canadian investor Arthur Wong is buying condos in Las Vegas and Phoenix...

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Bacteria prompts nasal spray recall in U.S., Europe

Vicks spray recalled after small amount of product found to contain bacteria Bacteria poses little risk to healthy people, Proctor and Gamble says London, England (CNN) -- Procter & Gamble is recalling Vicks Sinex nasal spray...

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Global Defense Technology Shares Little Changed

Global Defense Technology shares get lukewarm reception, after IPO prices below expectations HARTFORD, Conn. November 20, 2009 (AP) The Associated Press Post a Comment Global Defense Technology & Systems shares were little...

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