Two years of steep job cuts all but ended last month, unexpectedly pulling down the unemployment rate and raising hopes for a lasting economic recovery. »
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Senate preserves long-term care program (AP)
The Senate on Friday turned back a Republican effort to eliminate a long-term care insurance program to help seniors and the disabled, saving the plan once championed by the late Sen. »
Stocks climb as employers cut fewer jobs (AP)
Investors grew more confident about the economy but also worried that a brighter employment picture will mean rising interest rates. »
GE to buy $345 mln of ads from NBC Universal (AP)
General Electric Co. has promised to buy at least $345 million in advertising from NBC Universal over five years after selling a controlling stake in the entertainment company to... »
GM CEO shuffles managers, seeks culture change (AP)
When auto industry veteran Bob Lutz returned to General Motors in 2001 after 30 years with other companies, he quickly grew tired of GM’s numbers-oriented bureaucracy, printing up post-it... »
Dollar soars after unemployment rate drops (AP)
The dollar leaped higher Friday after the government said the U.S. unemployment rate dropped to 10 percent in November, leading traders to weigh chances that the Federal Reserve might... »