Chevron to shed 2,000 jobs, sell some assets (AP)
AP - Chevron Corp. said Tuesday it will cut 2,000 jobs this year and sell some overseas operations as it revamps its struggling refinery, marketing and transportation operations.
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Archive for the 'Business' Category
Obama: Greece, facing bad days, has US as ally (AP)
AP - President Barack Obama stood with Greek Prime Minister George Papandreou on Thursday and pledged that the United States would work with its ally, even as Greece’s enormous debts sparked frenzied trading.
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Kan. mulling new soda tax, raising other levies (AP)
AP - Kansas would impose a new tax on soda — a penny for every teaspoon of sugar — under a proposal that a key legislator outlined Tuesday while lawmakers considered raising taxes to erase a projected budget shortfall.
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Stock investors ask: What’s the next big thing? (AP)
AP - A year after the stock market began its comeback from 12-year lows, investors are looking for the next big thing.
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Gas price rises seen gentler on consumer wallets (AP)
AP - As the economy recovers, energy prices are rising and that is placing extra strain on families’ budgets.
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Feds to probe cause of runaway Prius in Calif. (AP)
AP - Federal officials are sending an investigator to determine what caused a Toyota Prius to race out of control on a California freeway.
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World stocks up as US job data lift recovery hopes (AP)
AP - World stock markets gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery.
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Stock futures little changed ahead of opening (AP)
AP - Stock futures were trading in a narrow range Monday as investors tread lightly following a big rally last week.
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EU considers its own crisis fund (AP)
AP - The European Commission is discussing the idea of creating a European Monetary Fund with the 16 countries that use the euro.
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Arrow Energy gets $3 billion takeover bid (AP)
AP - Arrow Energy Ltd. said Monday that a company jointly owned by Royal Dutch Shell and PetroChina has sent it a takeover bid worth $3.3 billion Australian dollars ($3 billion).
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