More downtown eateries opening in SLC

Laura Hancock - CANYON COUNTRY EXCHANGE

SALT LAKE CITY -- For more than a year, the lunch choices for downtown workers such as Jenny Punzo were so slim that eating out seemed more like a chore than a treat.

Nov 08, 2009 | 12:00 am | Loading…

Jobless: 10 percent is tougher than it used to be

Jeannine Aversa - The Associated Press

It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.

Nov 08, 2009 | 12:00 am | Loading…

Holiday airfares close to last year but gaining altitude

Joshua Freed - The Associated Press

If holiday travelers on the same plane compare what they paid to fly, they're likely to find quite a spread, depending on when they bought their tickets.

Nov 08, 2009 | 12:00 am | Loading…

Jobless: 10 percent is tougher than it used to be

By JEANNINE AVERSA

It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.

Nov 07, 2009 | 10:00 pm

Holiday airfares close to last year but climbing

By JOSHUA FREED

If holiday travelers on the same plane compare what they paid to fly, they're likely to find quite a spread, depending on when they bought their tickets.

Nov 07, 2009 | 10:00 pm

Talks in Philadelphia transit strike break off

By RON TODT

Negotiations aimed at ending a transit strike in Philadelphia broke off Saturday night over disagreement on pensions and the impact of possible national health care overhaul, and Pennsylvania's governor walked away from the negotiations.

Nov 07, 2009 | 8:00 pm

Chinese premier: Africa trade push is 'selfless'

By TAREK EL-TABLAWY

China's premier stressed Saturday that his country's push to boost already burgeoning trade ties with Africa was "sincere and selfless," as the Asian powerhouse battled criticism its quest for natural resources was at the expense of the poverty-ravaged continent.

Nov 07, 2009 | 12:25 pm

Analysis: 10 percent jobless is Obama's new world

By JIM KUHNHENN

For months he had warned it was coming but that didn't ease the political shockwaves for President Barack Obama when unemployment topped 10 percent.

Nov 07, 2009 | 5:45 am

China offers Africa more trade, investment

By CHRISTOPHER BODEEN

China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday.

Nov 07, 2009 | 5:45 am

South Korean workers protest gov't labor policy

Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws.

Nov 07, 2009 | 4:40 am

Nature’s Sunshine settles securities fraud charges for $6M

Grace Leong - Daily Herald

A three-year-long class action lawsuit alleging insider trading and securities fraud by several top executives of Nature's Sunshine Products Inc. was settled for $6 million, company officials announced Friday.

Nov 07, 2009 | 12:20 am | Loading…

What recovery? Unemployment shoots past 10 percent

Jeannine Aversa and Christopher S. Rugaber - The Associated Press

WASHINGTON -- Just when it was beginning to look a little better, the economy relapsed Friday with a return to double-digit unemployment for only the second time since World War II and warnings that next year will be even worse than previously thought.

Nov 07, 2009 | 12:05 am | Loading…

You’ve seen the TV ads. So what is Ally Bank?

Candice Choi - The Associated Press

NEW YORK -- Its TV and print ads poke fun at the bait-and-switch tactics of other banks. Its interest rates on CDs have been the most generous in the industry.

Nov 07, 2009 | 12:05 am | Loading…

Obama signs bill assisting homebuyers, unemployed

Jim Abrams - The Associated Press

WASHINGTON -- President Barack Obama signed a $24 billion economic stimulus bill into law Friday, giving tax incentives to prospective homebuyers and additional jobless benefits to those idled by the business slump.

Nov 07, 2009 | 12:05 am | Loading…

Business Briefing 11/7

The Associated Press

Stocks post modest gains as job losses slow

Nov 07, 2009 | 12:05 am | Loading…

Banks in Ga., Mich., Minn., Mo., Calif. closed

By IEVA M. AUGSTUMS and MARCY GORDON

Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans.

Nov 06, 2009 | 8:10 pm

Berkshire Hathaway says 3Q profit triples to $3.2B

By JOSH FUNK

Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled.

Nov 06, 2009 | 6:30 pm

Oil settles lower after US unemployment report

By CHRIS KAHN

Oil prices tumbled Friday after the government said the U.S. unemployment rate topped 10 percent for the first time since 1983.

Nov 06, 2009 | 5:40 pm

Consumer borrowing drops $14.8B in September

By MARTIN CRUTSINGER

Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery.

Nov 06, 2009 | 5:40 pm