Business Stories from August 2, 2012 (Change date)
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A look at ECB steps to combat Europe’s debt crisisAug 02, 2012 11:12 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....
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Questions and answers on the European Central BankAug 02, 2012 11:12 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...
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Key quotes from ECB head Draghi’s press briefingAug 02, 2012 11:12 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...
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U.S. factory orders fell 0.5 percent in JuneAug 02, 2012 11:06 am - WASHINGTON — Companies placed fewer orders with U.S. factories in June from May, signaling further weakness with manufacturing. The Commerce Department said Thursday tha...
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OfficeMax swings to $10.7M 2nd-qtr profitAug 02, 2012 9:58 am - 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...
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U.S. unemployment aid applications rise to 365,000Aug 02, 2012 9:03 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...
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U.S. rate on 30-year mortgage rises to 3.55 percentAug 02, 2012 9:01 am - 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...
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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...
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Navistar tumbles after receiving letter from SECAug 02, 2012 8:34 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...
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Russia's Gazprom Neft inks deals with Iraqi KurdsAug 02, 2012 6:45 am - BAGHDAD — A Middle East subsidiary of Russia's Gazprom Neft has inked two oil deals with Iraq's self-ruled northern Kurdish region, becoming the fourth major oil company...