Business Stories from February 2, 2012 (Change date)
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Oil prices rise after drop in US hiring expandsFeb 02, 2012 11:00 pm - NEW YORK — A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expect...
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A sample of companies that are hiring, at a glanceFeb 02, 2012 11:00 pm - Employers across a range of industries have stepped up hiring. The economy gained 243,000 jobs in January, the most since last April. The hiring spree helped lower the u...
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EU prepares for potential natural gas crisisFeb 02, 2012 11:00 pm - BRUSSELS — The European Union is bracing for another potential energy crisis in the dead of winter as Russian gas supplies to some of its member states suddenly have dwi...
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Caterpillar shuts locked out plant in CanadaFeb 02, 2012 11:00 pm - TORONTO — Peoria-based Caterpillar Inc. said Friday it will close its locomotive plant in Canada, where workers have been locked out since the start of the year. Caterpi...
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U.S. service industry growth surges in JanuaryFeb 02, 2012 11:00 pm - WASHINGTON — U.S. service companies grew at the fastest pace in 11 months in January as companies started hiring to keep up with rising demand. The Institute for Supply ...
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Oil prices rise after drop in US unemployment rateFeb 02, 2012 11:00 pm - NEW YORK — Oil prices rose Friday after the government reported that the U.S. economy added more jobs last month, which could drive up demand for fuel with more people h...
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2 sentenced for stealing millions in fraud schemeFeb 02, 2012 11:00 pm - Two suburban men have been sentenced to prison for stealing millions of dollars from their now-defunct foreign currency trading company. Forty-six-year-old Charles Marti...
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Federal administrator says mines can’t be complacent about safetyFeb 02, 2012 11:00 pm - CHARLESTON, W.Va. — If there’s one lasting cultural change Mine Safety and Health Administration Director Joe Main wants to make in both the federal agency and the indus...
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Unemployment rate hinges on more than job gainsFeb 02, 2012 11:00 pm - WASHINGTON — For most people, the 8.3 percent unemployment rate is the most visible sign of the economy’s health. The rate’s every movement is closely watched, especiall...
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Factory orders up 1.1 percent in DecemberFeb 02, 2012 11:00 pm - WASHINGTON — Orders to U.S. factories rose in December, supported by a rebound in business investment in capital goods such as heavy machinery. The results cap off anoth...
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