Business Stories from August 2, 2012 (Change date)
-
Questions and answers on the European Central BankAug 02, 2012 11:11 am - FRANKFURT, Germany — The European Central Bank is the monetary authority for the 17 countries that use the euro currency. The eurozone has the world’s second largest eco...
-
Key quotes from ECB head Draghi’s press briefingAug 02, 2012 11:11 am - FRANKFURT, Germany — European Central Bank President Mario Draghi held a news conference Thursday at which he indicated the bank stood ready to intervene in the bond mar...
-
A look at ECB steps to combat Europe’s debt crisisAug 02, 2012 11:11 am - FRANKFURT, Germany — Here are some of the key steps the European Central Bank has taken to try to ease Europe’s financial crisis and provide a spark to the weak economy....
-
U.S. factory orders fell 0.5 percent in JuneAug 02, 2012 1:55 pm - WASHINGTON — Companies placed fewer orders with U.S. factories in June from May, signaling further weakness with manufacturing. The Commerce Department said Thursday tha...
-
OfficeMax swings to $10.7M 2nd-qtr profitAug 02, 2012 1:55 pm - Naperville-based OfficeMax Inc. said Thursday it posted a $10.7 million second-quarter net income, reversing a loss a year ago that stemmed from hefty restructuring char...
-
U.S. unemployment aid applications rise to 365,000Aug 03, 2012 7:13 am - WASHINGTON — The number of people seeking U.S. unemployment benefits rose last week, though the data was likely skewed higher by seasonal factors. Weekly applications i...
-
U.S. rate on 30-year mortgage rises to 3.55 percentAug 02, 2012 4:27 pm - WASHINGTON — The average U.S. rate on the 30-year fixed mortgage rose this week after falling to new record lows in each of the past 13 weeks. Mortgage buyer Freddie Ma...
-
Senate may go on recess without passing cyber billAug 02, 2012 8:58 am - WASHINGTON — The Senate could leave town this week for a monthlong break without passing legislation to protect the U.S. electrical grid, water supplies and other critic...
-
Navistar tumbles after receiving letter from SECAug 03, 2012 7:13 am - Lisle-based Navistar International Corp., the maker of International brand trucks, fell in early trading after it disclosed a U.S. Securities and Exchange Commission inq...
-
Markets in wait-and-see modeAug 02, 2012 6:50 am - LONDON — Financial markets were in a tentative mood Thursday as investors waited to hear what the European Central Bank plans to do to get on top of the continent's cri...