Union Conflict Flares at Longview, Wash., Terminal

Longshore members and supporters arrested after blocking railroad tracks

2011-09-21

Mike Baker The Associated Press

LONGVIEW, Wash. (AP) -- A conflict over Longshore union jobs at the Port of Longview, Wash., grain terminal is flaring up again with the arrest of protesters blocking railroad tracks. Read the complete article

Poverty Rate of Blacks Again Doubles That of Whites

27 percent of African Americans suffer from poverty; for Black children, number is nearly 40 percent

2011-09-21

Special to the NNPA from the Los Angeles Sentinel

For a fourth year in a row, the African American poverty rate more than doubled that of non-Hispanic white Americans, according to 2010 data released today by the U.S. Census Bureau.  At 27.4 percent, the African-American poverty rate also nearly doubled the overall U.S. poverty rate - 15.1 percent. Read the complete article

Fact Check: Obama’s Job Plan Unlikely to Be Paid For

Proposal is an IOU from president and lawmakers who may not be in office when bills come due

2011-09-10

Calvin Woodward and Tom Raum The Associated Press

WASHINGTON (AP) -- President Barack Obama's promise Thursday that everything in his jobs plan will be paid for rests on highly iffy propositions. Read the complete article

Stocks Plunge, Get No Lift From Obama Jobs Plan

Unclear whether president’s $447 billion proposal will survive Republican scorn

2011-09-09

Daniel Wagner AP Business Writer

U.S. stocks plunged Friday, threatening to erase the week's gains, as rising fears about fallout from Europe's debt crisis overshadowed President Barack Obama's plan to revive the U.S. job market. Read the complete article

Employers Add no Net Jobs in Aug.; Unemployment Rate Unchanged

Stocks tumble after weakest jobs report since September 2010

2011-09-02

Paul Wiseman and Christopher S. Rugaber AP Economics Writers

WASHINGTON (AP) -- Employers stopped adding jobs in August, an alarming setback for an economy that has struggled to grow and might be at risk of another recession. Read the complete article

Billions Meant for Struggling Homeowners May Pay Down Deficit Instead

2011-08-27

Lois Beckett of ProPublica

With housing prices dropping sharply, and foreclosure filings against more than 1 million properties in the first half of this year, the Obama administration is scrambling for ways to help homeowners. Read the complete article

Google to Buy Motorola Mobility for $12.5 Billion

Sign that search leader is looking to set mobile agenda with Android system

2011-08-15

MOUNTAIN VIEW, Calif. (AP) -- Google Inc. is buying cell phone maker Motorola Mobility Holdings Inc. for $12.5 billion in cash. It's by far Google's biggest acquisition and a sign the online search leader is serious about expanding beyond its core Internet business and setting the agenda in the fast-growing mobile market. Read the complete article

Wall Street, Banks Boost Europe Stocks

Sentiments steady after extremely volatile week

2011-08-12

GABRIELE STEINHAUSER AP Business Writer

BRUSSELS (AP) -- Stocks in Europe and the U.S. remained firm Friday after better than expected U.S. retail sales data helped ease concerns that the world's largest economy is heading back into recession, while a ban on short-selling in several eurozone countries lifted bank shares. Read the complete article

Stocks Plunge as Attention Returns to Weak Economy

After solid gains Tuesday, Dow drops 456 points in first half of Wednesday's trading

2011-08-10

STAN CHOE AP Business Writer

NEW YORK (AP) -- Stocks are falling in midday trading as investors turn their attention back to the weak global economy and Europe's debt problems. Read the complete article

VIDEO: US Stocks Rise After Big Fall

Bargain hunters fuel gains after worse Dow day since 2008

2011-08-09

STAN CHOE AP Business Writer

NEW YORK (AP) -- Bargain hunters are pushing stocks up in midday trading, and the Dow briefly rose above 11,000. Read the complete article