Business Stories from August 31, 2012 (Change date)
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U.S. factory orders rose 2.8 percent in JulyAug 31, 2012 10:00 am - WASHINGTON — Orders to U.S. companies rose in July, reflecting a surge in demand for autos and commercial aircraft. But in a troubling sign of manufacturing weakness, a ...
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Buffett’s firm relying less on insurance unitsAug 31, 2012 10:00 am - OMAHA, Neb. — Warren Buffett’s birthday this week was good news for Berkshire Hathaway investors who could celebrate another year of the Oracle of Omaha’s leadership. Bu...
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Stocks give up some gains on Bernanke remarksAug 31, 2012 10:00 am - It took a while, but investors eventually decided they liked what they heard from Ben Bernanke, and stock indexes rose enough on Friday to put them into positive territo...
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American Airlines, US Airways merger talks startAug 31, 2012 10:00 am - NEW YORK — American Airlines and US Airways are one step closer to a potential merger. The companies said Friday they signed legal documents allowing them to confidentia...
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Bernanke: With unemployment high, Fed can do moreAug 31, 2012 10:00 am - JACKSON HOLE, Wyo. — Chairman Ben Bernanke made clear Friday that the Federal Reserve will do more to boost the economy because of high U.S. unemployment and an economic...
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Work starts on food ingredients plant in SW IndianaAug 31, 2012 8:32 am - EVANSVILLE, Ind. — Construction is starting on a plant near Evansville that will produce ingredients used in food products and animal feed. Officials of California-based...
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Wisconsin’s Brillion Iron Works downsizing, 200 jobs cutAug 31, 2012 8:32 am - BRILLION, Wis. — Nearly 200 people will soon be out of work in Brillion. Executives at Brillion Iron Works say the economy is forcing them to cut 198 positions, includi...
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World markets mixed ahead of Bernanke speechAug 31, 2012 6:26 am - LONDON — World stock markets were mixed on Friday ahead of a speech by Fed Chairman Ben Bernanke that investors hope will show the central bank is still considering new ...
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India disappoints with 5.5 percent growthAug 31, 2012 6:26 am - NEW DELHI — India’s economy grew a disappointing 5.5 percent in the last quarter ending June, marking a sharp slowdown from the 8 percent growth in the same period a yea...
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Lufthansa cancels flights as cabin crews strikeAug 31, 2012 6:05 am - BERLIN — Lufthansa flight attendants walked off the job Friday at Germany’s busiest airport, causing more than 100 flight cancelations, and their union warned of more st...