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Wall Street’s hopes rise as Dow passes 13,000

By Walter Hamilton, Los Angeles Times – LOS ANGELES — A Wall Street rally that few expected has carried the Dow Jones index above 13,000 for the first time in nearly…

No big hiring boost likely in 2012, forecast says

By Don Lee, Tribune Washington Bureau – WASHINGTON — The recent acceleration in hiring may have brightened consumers’ spirits and the recovery’s outlook, but professional forecasters still see just moderate growth…

White House backs decision to build part of Keystone XL pipeline

By Lesley Clark and Renee Schoof, McClatchy Newspapers – WASHINGTON — With President Barack Obama under fire from Republicans over the rising cost of gasoline, the White House moved quickly Monday…

Credit for auto industry recovery debated

By John Gallagher, Detroit Free Press – DETROIT — If you want a lens through which to view Tuesday’s primary election in the state, it could be this one: How real…

Ford seeks to catch rivals in China

By David Pierson, Los Angeles Times – CHONGQING, China — Ford Motor Co.’s new factory in this smog-shrouded boomtown is the size of 17 football fields and cost nearly half a…

Fees that phone companies ring up

By Scott Wilson, Los Angeles Times – Take a close look at your phone bill and you’ll find a list of taxes, fees and surcharges going by obscure and slightly mysterious…

Susan Tompor: Millions of savings bonds are collecting dust

By Susan Tompor, Detroit Free Press – It is not often that I want to write Dear Abby a letter. But I sure wanted to jump into the conversation when I…

Update: A.L. and Austin hospitals to share CEO

Kelli Lageson, Albert Lea Tribune, Minn. – Mayo Clinic Health System in Austin and Albert Lea will now share a chief executive officer, a decision made by both hospitals’ board of…

Saudi Arabia raises crude oil output, according to reports

By Andria Cheng, MarketWatch – NEW YORK — As crude oil prices reached a nine-month high on concerns about Iran’s nuclear program, Saudi Arabia has increased its crude exports, and the…

OECD, US call for higher firewalls against financial crisis

By Andrea Sosa Cabrios – MEXICO CITY — The United States and the Organization for Economic Cooperation and Development (OECD) called Saturday in Mexico City for higher firewalls as part…

Iowa Leads the Nation in Technology Based Job Postings Postings Double Due to Technology Partnerships

DES MOINES – Iowa Workforce Development’s (IWD) job bank at www.iowajobs.org has doubled in the last year thanks to a unique partnership with the Direct Employer’s Association. IWD is able to use…

Consumers are starting to flex their newfound muscle

By Eileen Ambrose, The Baltimore Sun – Stef Gray recently delivered a petition to Sallie Mae’s Washington office, asking the giant private lender to eliminate a fee that unemployed college graduates…

Samsung commits to LED screens, will spin off LCD unit

By Nathan Olivarez-Giles, Los Angeles Times – LOS ANGELES — Samsung Electronics Co. is spinning off its LCD display manufacturing business and merging with its smaller LED display unit in a…

Saudi Arabia raises crude oil output, according to reports

By Andria Cheng, MarketWatch – NEW YORK — As crude oil prices reached a nine-month high on concerns about Iran’s nuclear program, Saudi Arabia has increased its crude exports, and the…

Lee regains compliance with NYSE share price standard

DAVENPORT, Iowa (February 21, 2012) – Lee Enterprises, Incorporated (NYSE: LEE has received notification that it has returned to compliance with the New York Stock Exchange’s share price standard. In…

Leaving college with a degree and thousands in debt

By Alan J. Heavens, The Philadelphia Inquirer – PHILADELPHIA — Americans are graduating from college today with mountains of debt that will take years to dig out from under. Two-thirds…

Feds Announce Provisions to Ease Pain at the Pump, Lower Business Energy Costs

President Obama visited Miami this week to talk about why rising gas prices are yet another painful reminder of why developing new energy sources is so critical to our future.…

On the Money: All you need to know about a 529 college savings plan

By Chuck Myers, McClatchy-Tribune News Service – A Qualified Tuition Plan, commonly known as a 529 college savings plan, can help families to put money away for a child’s future college…

Goldline agrees to refund up to $4.5 million to former customers

By Stuart Pfeifer, Los Angeles Times – LOS ANGELES — Santa Monica, Calif., precious metals dealer Goldline International Inc., one of the nation’s largest gold retailers, has resolved a criminal prosecution…

Mayo to spend $3.5B on projects

Jackie Crosby, Star Tribune, Minneapolis – The Mayo Clinic said Thursday it will invest $3.5 billion in capital projects over the next five years, putting a focus on research and cutting…

Obama’s plan to cut corporate tax rate is light on details

Obama’s plan to cut corporate tax rate is light on details

By Jim Puzzanghera and Kathleen Hennessey, Los Angeles Times – WASHINGTON — President Barack Obama’s proposal to lower the corporate tax rate to 28 percent from 35 percent shows a growing…

Sears likely headed out of Coral Ridge Mall after selling real estate

Dave DeWitte, CR Gazette – Sears appears to be on its way out at Coral Ridge Mall after the retailer sold its Coral Ridge store – and 10 other Sears…

Stocks retreat after three-session rise

By Kate Gibson, MarketWatch – NEW YORK — U.S. stocks on Wednesday retreated after a three-session winning run, with equities taking a break from an advance that sent the S&P 500…

A lender is an ‘it,’ not a ‘they’

By Gary M. Singer, Sun Sentinel – For the first few months that I wrote this column, I would consistently hear from my editor that a bank is not a “they”…

How to beat the competition and buy a foreclosure

By Paul Owers, Sun Sentinel – FORT LAUDERDALE, Fla. — Finding a bank-owned home for sale these days is hard enough. Actually buying one is an even bigger problem. Last year…

Housing slump freezes homeowners in place

By Bonnie Miller Rubin, Chicago Tribune – CHICAGO — When Tracey and Todd Fine were engaged, they purchased a two-bedroom condo in Chicago’s East Ukrainian Village. The price was high, but…

China manufacturing index edges higher: HSBC

By Chris Oliver, MarketWatch – HONG KONG — A closely watched gauge of Chinese factory activity rose to a four-month high in February but remained at levels that indicate modest contraction,…

US unveils plan to wind down Fannie Mae and Freddie Mac

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — The regulator for Fannie Mae and Freddie Mac wants to shrink the seized housing-finance giants gradually and create a new market for…

Eurozone ministers approve $170 billion bailout for Greece

By Henry Chu, Los Angeles Times – LONDON — Europe’s ailing currency union approved its second bailout for Greece in less than two years, signing off on a $170 billion rescue…

FDA fights shortage problem, OKs sources of 2 cancer drugs

By Michael Muskal, Los Angeles Times – LOS ANGELES — The Food and Drug Administration has moved to increase the supplies of two needed cancer-treatment drugs and on Tuesday issued a…

Malt-O-Meal renaming itself MOM Brands

Mike Hughlett, Star Tribune, Minneapolis – Malt-O-Meal Co. said Tuesday that it’s changing its corporate name to MOM Brands, a move to better reflect the company’s surging cold cereal business. The…

Airlines set record low rates for lost baggage, bumped passengers

By Hugo Martin, Los Angeles Times – The latest federal statistics that measure the performance of the nation’s airlines offered some good news for passengers and some bad. First the good…

FDA to review AeroShot inhalable caffeine

By Tiffany Hsu, Los Angeles Times – LOS ANGELES — AeroShot Pure Energy, the inhalable caffeine product that went on sale last month, will be investigated by Food and Drug Administration…

Consumer Reports to study connected-vehicle technology

By Jerry Hirsch, Los Angeles Times – LOS ANGELES — Consumer Reports has sent its editors to Silicon Valley and to a special Ford proving ground in Dearborn, Mich., to look…

WISPs bring the Internet to remote corners

Dave DeWitte, CR Gazette – Wireless Internet service providers, long the savior of Internet users in underserved areas, are in a bandwidth race as wire-line Internet service providers spread into…

Apple wins German patent suit against Motorola

By Nathan Olivarez-Giles, Los Angeles Times – LOS ANGELES — Apple has won a German lawsuit against Motorola Mobility over claims “slide-to-unlock” patents that the iPhone-maker owns were illegally infringed upon.…

When it comes to auto shows, Detroit rules

By Mark Phelan, Detroit Free Press – CHICAGO — The auto show in the Windy City has surrendered, but that doesn’t mean Detroit can relax. After competing fiercely for decades…

Boycott war brewing on the grounds of Starbucks’ gun policy

By Kim Murphy, Los Angeles Times – SEATTLE — Those who prefer to drink their lattes packing protection on their hip turned out at Starbucks across the country on the first…

Chrysler pulls request for U.S. loan for hybrid and electric cars

By Brent Snavely, Detroit Free Press – DETROIT — Chrysler says it will no longer seek a U.S. Department of Energy loan to fund the development of gas-electric hybrids and electric…

New consumer bureau targets bill collectors, credit bureaus

By Tony Pugh, McClatchy Newspapers – WASHINGTON — The Consumer Financial Protection Bureau wants to place debt collectors and credit bureaus under federal supervision for the first time, after an explosion…