RSS Feed for AP Top Business News At 10:33 a.m. EDT

AP Top Business News At 10:33 a.m. EDT
AP Top Business News At 10:33 a.m. EDT

• Companies add 67K workers, but jobless rate rises
  published on Fri, 03 Sep 2010 14:33:14 GMT
  By CHRISTOPHER S. RUGABER 2010-09-03T14:33:14Z WASHINGTON (AP) -- Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose in August for the first time in four months as more people entered the market looking for work....
• Service sector grows at slower pace in Aug
  published on Fri, 03 Sep 2010 14:08:52 GMT
  By 2010-09-03T14:08:52Z NEW YORK (AP) -- A trade group says the U.S. service sector, which provides most of jobs in the country, expanded for the eighth straight month in August, but the pace of growth slowed....
• Stocks extend September rally after jobs report
  published on Fri, 03 Sep 2010 14:20:10 GMT
  By STEPHEN BERNARD 2010-09-03T14:20:10Z NEW YORK (AP) -- Stocks extended their rally Friday after an encouraging report on jobs lifted hopes about the pace of economic growth....
• Earl sideswipes Outer Banks, heads for Northeast
  published on Fri, 03 Sep 2010 14:23:51 GMT
  By MIKE BAKER 2010-09-03T14:23:51Z BUXTON, N.C. (AP) -- A weakened Hurricane Earl delivered only a glancing blow to North Carolina's Outer Banks early Friday on its way up the East Coast, flooding the narrow vacation islands and knocking out power but staying farther offshore than feared. There were no immediate reports of any injuries....
• Goldcorp to buy Andean Resources for $3.42 billion
  published on Fri, 03 Sep 2010 13:31:35 GMT
  By ROB GILLIES 2010-09-03T13:31:35Z TORONTO (AP) -- Canada's Goldcorp Inc. said Friday it has agreed to buy Andean Resources Ltd. for about 3.6 billion Canadian dollars (US$3.42 billion), trumping a rival bid from Eldorado Gold Corp....
• Campbell reports Q4 profit rise on better margins
  published on Fri, 03 Sep 2010 14:29:00 GMT
  By 2010-09-03T14:29:00Z CAMDEN, N.J. (AP) -- The Campbell Soup Co. reported a larger profit Friday for its fourth fiscal quarter, a time when the temperature rises and its soup sales traditionally drop....
• Latest Gulf oil rig problem differs from BP spill
  published on Fri, 03 Sep 2010 13:35:14 GMT
  By ALAN SAYRE 2010-09-03T13:35:14Z NEW ORLEANS (AP) -- Unlike the blast that led to the massive BP spill, the latest oil platform fire in the Gulf of Mexico killed no one and sent no crude gushing into the water....
• BP says cost of Gulf of Mexico spill hits $8B
  published on Fri, 03 Sep 2010 11:02:49 GMT
  By 2010-09-03T11:02:49Z LONDON (AP) -- BP says it has so far spent $8 billion responding to the disastrous oil well blowout in the Gulf of Mexico....
• Experts see trouble ahead for developed world
  published on Fri, 03 Sep 2010 12:25:19 GMT
  By DAN PERRY 2010-09-03T12:25:19Z CERNOBBIO, Italy (AP) -- Is the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered a generally gloomy outlook - especially for the United States and much of the industrialized world....
• Swedish bank Carnegie buys troubled competitor
  published on Fri, 03 Sep 2010 11:57:51 GMT
  By MALIN RISING 2010-09-03T11:57:51Z STOCKHOLM (AP) -- Swedish investment bank Carnegie AB Friday said it will buy competitor HQ Bank AB, which had its banking license revoked by the financial watchdog last week....