Business

Jobless: 10 percent is tougher than it used to be

Jobless: 10 percent is tougher than it used to be

It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.

Nov 07, 2009 | 1:35 pm

Chinese premier: Africa trade push is 'selfless'

Chinese premier: Africa trade push is 'selfless'

China's premier stressed Saturday that his country's push to boost already burgeoning trade ties with Africa was "sincere and selfless," as the Asian powerhouse battled criticism its quest for natural resources was at the expense of the poverty-ravaged continent.

Nov 07, 2009 | 1:25 pm

Holiday airfares close to last year and climbing

Holiday airfares close to last year and climbing

If holiday travelers on the same plane compare what they paid to fly, they're likely to find quite a spread, depending on when they bought their tickets.

Nov 07, 2009 | 12:35 pm

Software cos. eye key patent case in Supreme Court

Software cos. eye key patent case in Supreme Court

With the technology industry looking on, the Supreme Court on Monday will explore what types of inventions should be eligible for a patent in a pivotal case that could undermine such legal protections for software.

Nov 07, 2009 | 11:25 am

G-20 finance officials: Too early to end stimulus

G-20 finance officials: Too early to end stimulus

Finance officials from rich and developing countries pledged Saturday to maintain emergency support for their economies until recovery is assured and committed themselves to urgent action on tackling climate change.

Nov 07, 2009 | 10:40 am

Analysis: 10 percent jobless is Obama's new world

Analysis: 10 percent jobless is Obama's new world

For months he had warned it was coming but that didn't ease the political shockwaves for President Barack Obama when unemployment topped 10 percent.

Nov 07, 2009 | 6:45 am

China offers Africa more trade, investment

China offers Africa more trade, investment

China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday.

Nov 07, 2009 | 6:45 am

South Korean workers protest gov't labor policy

South Korean workers protest gov't labor policy

Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws.

Nov 07, 2009 | 5:40 am

Banks in Ga., Mich., Minn., Mo., Calif. closed

Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans.

Nov 06, 2009 | 9:10 pm

Berkshire Hathaway says 3Q profit triples to $3.2B

Berkshire Hathaway says 3Q profit triples to $3.2B

Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled.

Nov 06, 2009 | 7:30 pm

Oil settles lower after US unemployment report

Oil settles lower after US unemployment report

Oil prices tumbled Friday after the government said the U.S. unemployment rate topped 10 percent for the first time since 1983.

Nov 06, 2009 | 6:40 pm

Consumer borrowing drops $14.8B in September

Consumer borrowing drops $14.8B in September

Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery.

Nov 06, 2009 | 6:40 pm

Freddie Mac loses $6.3B in 3Q

Freddie Mac loses $6.3B in 3Q

Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion.

Nov 06, 2009 | 6:35 pm

What recovery? Unemployment shoots past 10 percent

What recovery? Unemployment shoots past 10 percent

Just when it was beginning to look a little better, the economy relapsed Friday with a return to double-digit unemployment for only the second time since World War II and warnings that next year will be even worse than previously thought.

Nov 06, 2009 | 5:40 pm

Long-awaited University Place development dedicated

Long-awaited University Place development dedicated

Ayars & Ayars unveiled its new Lincoln office Friday, a building local officials hope will encourage more development in the University Place area.

Nov 06, 2009 | 5:35 pm | Loading…

Stocks post modest gains as job losses slow

Stocks post modest gains as job losses slow

Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday.

Nov 06, 2009 | 5:10 pm

TierOne says deal with Great Western to close later

TierOne Corp. on Friday pushed back the likely closing date of its sale of 32 branches to Great Western Bank.

Nov 06, 2009 | 4:50 pm | Loading…

Cabela's investing in data center in Papillion

Cabela's investing in data center in Papillion

Cabela's Inc. plans to invest in a state-of-the-art Data and Technology Development center in Papillion, the eighth Nebraska city to have a Cabela's commercial or corporate presence.

Nov 06, 2009 | 2:10 pm | Loading…

GM says Europe chief Forster to leave post

GM says Europe chief Forster to leave post

Carl-Peter Forster, the chief executive of General Motors Europe who runs its struggling Opel unit, will leave the company, GM said Friday.

Nov 06, 2009 | 2:05 pm

New `Call of Duty' could set entertainment record

New `Call of Duty' could set entertainment record

This holiday season's biggest entertainment blockbuster likely will be a sequel to a popular franchise, with jarring depictions of war and an intricate story of good versus evil. It could easily rake in more than last year's record $155 million opening weekend for "The Dark Knight."

Nov 06, 2009 | 1:55 pm

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