Stocks end lower on personal income data
NEW YORK (AP) -- Wall Street tumbled Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed. The Dow Jones industrial average more than 170 points, while a disappointing profit rep... |
Gas prices up as Gustav threatens Gulf refineries
 NEW YORK (AP) -- Retail gas prices swung higher Friday - the first increase in 43 days - as analysts warned that a direct hit on U.S. energy infrastructure by Hurricane Gustav could send pump prices hurtling toward $5 a gallon. Meanwhile, oil prices ended the day sl... |
Incomes drop sharply in July while spending slows
 WASHINGTON (AP) -- Consumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments. The Commerce Department report Friday showed that consumer activity got off to a shaky start in th... |
Union leadership rejects Boeing contract offer
SEATTLE (AP) -- Machinists union leadership has called for a strike after deciding Boeing's final contract offer isn't good enough. Connie Kelliher, a spokeswoman for the International Association of Machinists and Aerospace Workers District Lodge 751, says the unio... |
Alitalia files for bankruptcy protection
 ROME (AP) -- Alitalia said Friday it has sought bankruptcy protection, taking the first step in a plan to reshape Italy's unprofitable and debt-laden national carrier. The company said in a statement that its board had asked the government to appoint an administrato... |
As summer ends, flyers brace for airline changes
 ATLANTA (AP) -- The grip U.S. airlines have on travelers' wallets is about to get tighter as carriers go ahead with plans to trim their domestic schedules due to the high cost of fuel. Executives acknowledge that despite the economic downturn, fares will rise, disco... |
GM recalling 944,000 vehicles
WASHINGTON (AP) -- General Motors Corp. said Friday it was recalling 944,000 vehicles because of a problem with a windshield wiper fluid system that could lead to a fire. More than 850,000 sport utility vehicles, trucks and passenger cars in the United States and ne... |
Ala. county offer plan to avoid massive bankruptcy
BIRMINGHAM, Ala. (AP) -- Alabama's largest county offered a plan Friday to restructure its $3.2 billion sewer debt and, at least for now, put off filing the largest bankruptcy in U.S. history. Gov. Bob Riley said an attorney for Jefferson County proposed restructuri... |
Stocks end lower on personal income data
NEW YORK (AP) -- Wall Street tumbled Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed. The Dow Jones industrial average more than 170 points, while a disappointing profit rep... |
Ala. county offer plan to avoid massive bankruptcy
BIRMINGHAM, Ala. (AP) -- Alabama's largest county offered a plan Friday to restructure its $3.2 billion sewer debt and, at least for now, put off filing the largest bankruptcy in U.S. history. Gov. Bob Riley said an attorney for Jefferson County proposed restructuri... |
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