Silicon Valley cannery workers reunite to preserve memories

Posted by Financial Service News on September 4th, 2010

It's been a long time since Mary Hidalgo, 89, has canned fruit at the local factory but she clearly recalls the little white lie she told on her first day of work in 1936 at Libby, McNeill & Libby's fruit cannery in Sunnyvale.

Dow Joens makes triple digit gains

Posted by Financial Market News on September 4th, 2010

U.S. stocks were soldily higher on Friday as August employment data was less negative than anticipated.

Stocks pare early gains, service sector data takes shine off employment report

Posted by Financial Market News on September 3rd, 2010

The Toronto stock market gave up early strong gains by late morning Friday as a weaker than expected reading on the U.S. non-manufacturing sector cancelled out much early enthusiasm over American jobs data, which blew past expectations.

Goldman to shutter principal strategies unit

Posted by Financial Service News on September 3rd, 2010

Goldman Sachs & Co. has decided to shutter its principal strategies unit, which does its proprietary trading, in the wake of financial-overhaul regulation passed by Congress, according to a person familiar with the matter.

Jobless Rate Rises Despite Added Workers

Posted by Financial Market News on September 3rd, 2010

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.

Jobless Rate Rises Despite Added Workers

Posted by Financial Service News on September 3rd, 2010

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.

Economic Report: Smaller-than-feared 54,000 Aug. nonfarm jobs lost

Posted by Financial Market News on September 3rd, 2010

The U.S. economy shed 54,000 nonfarm jobs in August, the Labor Department reported Friday, a much slower decline than economists anticipated as the health-care and temporary-staffing industries led a 67,000 expansion in private-sector employment.

Business Highlights

Posted by Financial Service News on September 3rd, 2010

This year's back-to-school season isn't as big a bust for retailers as they feared - or as last year's - but it's not great either.

Companies add 67K workers, but jobless rate rises

Posted by Financial Market News on September 3rd, 2010

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.

Companies add 67K workers, but jobless rate rises

Posted by Financial Service News on September 3rd, 2010

Private employers hired more workers over the past three month than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend.


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