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AP Top Business News At 12:44 p.m. EDT
Experts see trouble ahead for developed world
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....
Companies add 67K workers, but jobless rate rises
WASHINGTON (AP) -- Private employers hired more workers over the past three months than first thought, a glimmer of hope for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose because not enough jobs were created to absorb the growing number of people looking for work....
Service sector grows at slower pace in August
NEW YORK (AP) -- The U.S. service sector, the nation's predominant job generator, expanded for the eighth straight month in August although the pace of growth slowed, according to a trade group survey....
Obama: New jobs numbers 'positive' but not enough
WASHINGTON (AP) -- President Barack Obama welcomed news Friday of better-than-expected private sector job growth. But with the unemployment rate ticking upward nevertheless, he said he'd roll out new plans next week to spur the economy....
Watch those gas pumps; prices expected to fall
DENVER (AP) -- Gasoline prices have been falling for weeks, and they could go even lower as autumn's leaves begin to drop....
Stocks extend September rally after jobs report
NEW YORK (AP) -- Stocks are on pace to break a three-week losing streak after an encouraging employment report lifted hopes about the pace of economic growth....
Earl weakens to Category 1, heads for Northeast
BUXTON, N.C. (AP) -- Hurricane Earl sideswiped North Carolina's Outer Banks early Friday, flooding the vacation islands but causing no injuries and only modest damage, then took aim at New England as a weaker but still dangerous storm....
Goldcorp to buy Andean Resources for $3.42 billion
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
HADDONFIELD, N.J. (AP) -- During a summer of record-breaking heat through much of the U.S., the Campbell Soup Co. struggled to sell its cold weather-friendly soups, but got another boost from broth, a staple for home cooks....
Latest Gulf oil rig problem differs from BP spill
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....
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