May 21, 2013
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Business News
Slim world’s richest for 4th year in a row
NEW YORK — Mexico’s Carlos Slim remains the world’s richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top three for the first time since 2000. ...
Mar 05, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press Karen Barworth, vice president at Navsys, walks through an unoccupied work area in the satellite company's lab Feb. 27 in Colorado Springs, Colo. The defense contractor cut its workforce in half because of the uncertainty over the federal budget.
US economy hamstrung by automatic spending cuts
COLORADO SPRINGS, Colo. — Three budget crises ago, in early 2011, Republicans and President Barack Obama faced off over raising the debt ceiling — and Alison Brown saw the writing on the wall. W...
Mar 04, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press Part of the containment vessel for a new nuclear reactor at the Plant Vogtle nuclear power plant is under construction Dec. 11 in Augusta, Ga. With the cost of nuclear plants rising, a handful of state officials are showing signs of buyer's regret.
Some leaders souring on nuclear power costs
ATLANTA — As the cost of building a new nuclear plant soars, there are signs of buyer’s remorse. The second-guessing from officials in Georgia and Florida is a sign that maybe the nation is not ...
Mar 04, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Obama to tap Walmart’s Burwell for budget chief
WASHINGTON — President Barack Obama on Monday will nominate Walmart’s Sylvia Mathews Burwell as his next budget director, a senior administration official said. If confirmed by the Senate, Burwe...
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Associated Press Mexico's President Enrique Pena Nieto delivers a speech during a national convention of the Institutional Revolutionary Party (PRI) on Sunday in Mexico City. Mexico's ruling party changed its platform to allow a reform that could bring private investment into the state-owned oil monopoly, in a country where oil is a source of national pride.
Mexico’s ruling party says ‘yes’ to private oil investments
MEXICO CITY — Mexico’s ruling party changed its platform on Sunday to allow for private investment in the oil industry, paving the way for a possible overhaul of a state-owned company that is seen ...
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ALLIE DOUGLASS | The Sun The elaborate front entrance to the former Coca-Cola bottling plant is shown on Wednesday at the end of Broadway.
Plans bubbling at former Coca-Cola plant
Edward and Meagan Musselman aren’t afraid to go where others fear to. Perhaps that applies more to Edward. That’s how the Honeywell employee/real estate developer found himself in a crawl space ...
Mar 03, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Stocks close higher despite looming cuts
NEW YORK — An encouraging manufacturing report nudged the stock market higher Friday, giving it a slight gain for the week, even as a deadline for avoiding sweeping government spending cuts loomed....
Mar 03, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press Meredith Havens shopped at a Volkswagen dealership in Richardson, Texas, on Feb. 22. Industry analysts expect last month's sales to be up about 7 percent from a year earlier as pent-up demand and cheap financing kept the U.S. auto sales recovery powering along. Volkswagen reported its best February since 1973.
US auto sales power ahead
DETROIT — Americans want new cars and trucks, and they’re not letting higher gas prices or political dysfunction stand in their way. New car and truck sales were up 4 percent in February as risi...
Mar 03, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Jobs
From Feb. 20 to Wednesday, the Office of Employment and Training added 48 job orders to its database for regional employers (Paducah unless noted otherwise): floor laborers-fish processing in Wickl...
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Pound falls amid concern about UK economy
The pound has hit a two-and-a-half-year low against the dollar on fears that weak manufacturing data would push Britain’s central bank to inject further stimulus into the country’s economy. Ster...
Mar 03, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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