Thursday, February 23, 2012
NEW YORK - A day after Dow 13,000, investors took a break.
Stocks closed lower Wednesday for the first time in four trading days. The Dow Jones industrial average lost 27.02 points to finish at 12,938.67. The day before, it briefly passed 13,000 for the first time since May 2008.
Thursday, February 23, 2012
RICHMOND, Va. (AP) - Newspaper publisher and TV station owner Media General said Wednesday that it is exploring the sale of its newspaper operations, which produce nearly half its revenue.
Thursday, February 23, 2012
SAN FRANCISCO - Netflix's Internet video service is adding more marquee attractions as it braces for a new competitive threat from cable-TV provider Comcast Corp.
Thursday, February 23, 2012
The Northampton Co-op Auction Inc. lists Tuesday prices:
Calves: 0 to 60 lbs. $10 to $35; 61-75 lbs., $41 to $75; 76-95 lbs., $30 to $75; 96-105 lbs. $70 to $76; 106 & up $60; farm calves, $80 to $175; feeders $54 to $91; heifers $94 to $97; steers $86 to $87.50.
Wednesday, February 22, 2012
NEW YORK - It came and went in a flash each time, a number on a board for mere seconds, but its symbolic power couldn't be dismissed.
The Dow Jones industrial average, powered higher all year by optimism that the economic recovery is finally for real, crossed 13,000 on Tuesday for the first time since May 2008.
Wednesday, February 22, 2012
BRUSSELS - The bailout has saved Europe, for now, but it's unlikely to save Greece.
The 130 billion euro ($172 billion) rescue - agreed to Tuesday after an all-night summit of European ministers - prevented an uncontrolled bankrupcty and calmed investors worried that a Greek default would have started a chain reaction across Europe. But it left key problems unresolved.
Wednesday, February 22, 2012
WASHINGTON - U.S. demand for oil and refined products - including gasoline - is down sharply from last year, so much that United States has actually become a net exporter of gasoline, unable to consume all that it makes.
Yet oil and gasoline prices are surging.