Analysts: Argentina airline takeover drains cash
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AP
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1 minute ago Argentina's nationalization of a struggling, Spanish-owned airline brings costly responsibilities that could drain public resources and force fare hikes unless oil prices fall, analysts said Friday.
InfoGroup no longer faces delisting from Nasdaq
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AP
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5 minutes ago Database provider InfoGroup Inc. says it no longer faces the threat of being delisted, but the Nasdaq plans to reprimand the firm publicly.
NY Times to combine some sections in metro area
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AP
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6 minutes ago The New York Times plans to reduce the number of standalone sections of the New York metropolitan editions of the newspaper, a move designed to save money by cutting labor costs.
A look at aid efforts in Haiti
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AP
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7 minutes ago International aid groups providing relief to Haiti following Hurricane Hanna say donating money, rather than material goods, is the best way to help. Details here:
Auto industry accounts for large part job losses
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AP
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7 minutes ago The continued slump in demand for new vehicles, along with shifting consumer preferences and increasing foreign competition, have prompted the automotive industry to shed thousands of jobs this year.
Tech firms fare better than most in jobs slump
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AP
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9 minutes ago Technology appears to be one of the least hard-hit sectors in an economy beset by unemployment at a five-year high. The Labor Department reported Friday that companies slashed their payrolls by 84,000 jobs last month, sending the country's unemployment rate to 6.1 percent from 5.7 percent in July.
Michigan Gov. Granholm plans trade trip to Japan
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AP
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9 minutes ago Michigan Gov. Jennifer Granholm plans to take a five-day trade trip to Japan later this month in which she will try to lure companies to the economically struggling state.
As unemployment spikes, companies weigh options
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AP
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9 minutes ago U.S. companies have cut more than 550,000 jobs so far in 2008 as they try to preserve their profits in a slumping economy, but analysts say such downsizing must be done carefully for corporations to have any long-term benefits.
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