USA Business News
CBJ Sep 2 - U.S. stock futures advanced slightly following a big drop in weekly jobless claims, data which continues to suggest a stalling employment recovery nationwide. Initial unemployment claims fell by 6,000 to 472,000 on the week, according to the Labor Department. Economists ...
CBJ Sep 2 - The decades-old quest for lasting Middle East peace begins new today with a warning from U.S. President Obama that "this moment of opportunity may not soon come again". Following Tuesday's killings of four Israeli settlers in the West Bank, ...
CBJ Sep 2 - The Obama administration has been denied their motion to dismiss a lawsuit that stops a government-imposed halt on deep-water drilling in the Gulf of Mexico, by a federal judge this Wednesday 1 September. The moratorium started because of ...
CBJ Sep 1 - American private employers unexpectedly cut 10,000 jobs in August compared to a 37,000 gain in July. A report from ADP Employer Services was delivered prior to a comprehensive governmental report illustrating the labour market, including both public and private ...
CBJ Aug 31 - Exelon Corp. has agreed to acquire the renewable energy unit of John Deere for an estimated $900 million with the electric power company enters the wind power sector. The acquisition should "add incrementally to earnings starting in 2012", according ...
CBJ Aug 31 - President Barack Obama will walk a fine line when pressing Middle East foreign policy priorities, while simultaneously focusing on domestic issues that could determine the Democrats fate in November's Congressional elections. On Tuesday, Obama will deliver the second Oval Office address ...
CBJ Aug 30 - Amid mounting reports of an economic stall, a quick perusal of job creation is calming. The White House says the multiyear $814 billion stimulus program passed by Congress in 2009 has boosted employment by 2.5 million to 3.6 million ...
CBJ Aug 30 - Government anti-poverty programs have grown to meet the needs of recession victims now serve a one in six Americans, a record high. And those numbers only continue grow. More than 50 million Americans are on Medicaid, a program aimed ...
CBJ Aug 27 - The Barack Obama administration, vowing to crack down on countries like China that subsidize exports of cheap goods to the U.S., has introduced 14 measures to toughen enforcement of trade laws. Proposals include making it more difficult for individual companies ...
CBJ Aug 27 - The American International Group (AIG) has scrapped plans to sell a strategic stake in its Asian Life Insurance Business ahead of its initial public offering, according to reports. Chinese investors had approached AIG with offers to buy a stake in ...
