Business News

Business News

msnbc.com: Business
Economic data show recovery still kicking, a bit	9/2/2010 2:34 PM
It was a glass-half-full day for economic data on Thursday ... sort of. The upbeat news was tempered by worries about what Friday's unemployment report will say about the state of the labor market.
Stocks close higher after jobs, housing reports	9/2/2010 3:18 PM
Stocks ended higher for the third consecutive session after reports on housing, manufacturing and jobs all indicated that the economy continues to grow.
Low interest rates squeeze pension funds	9/2/2010 8:29 AM
The plunge in interest rates has put the nation’s public and private pension funds badly underfunded, leaving pension fund managers with a giant hole to fill.
Life Inc.: Proof that we can't work any harder	9/2/2010 3:00 PM

Builders of N.Y. mosque face financial hurdles	9/2/2010 5:37 PM
The developers planning to build a $100 million Islamic center near the World Trade Center site are nearly a quarter-million dollars behind on real estate taxes and late fees.
ABM to pay $5.8 million in harassment case	9/2/2010 2:27 PM
A large building-maintenance company will pay $5.8 million to settle a sexual harassment lawsuit brought by the government involving 21 Hispanic female workers.
Mariner may be facing BP-style crisis	9/2/2010 2:53 PM
Mariner Energy, Inc. shares dropped more than 4 percent Thursday following news that one of its production platforms exploded in the Gulf of Mexico.
Pending home sales rise 5.2% in July	9/2/2010 8:30 AM
The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.
Funk band War tells Pepsi they're not friends	9/2/2010 4:10 PM
Members of the band War say they can't be friends with Pepsi. The band is suing for more than $10 million, saying it did not negotiate with them to use the song "Why Can't We Be Friends" in a commercial.
Oh snap! Carrot campaign mimics junk food	9/2/2010 10:41 AM
Baby carrot farmers are launching a campaign that pitches the little, orange, crunchy snacks as daring, fun and naughty — just like junk food.

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