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Philly transit strike in 6th day; no new talks

By RON TODT, The Associated Press | Nov. 8 at 12:41 p.m.

No new talks are scheduled as the strike by Philadelphia bus drivers, subway and trolley conductors and mechanics enters its second work week following the collapse of a proposed deal.

Fry's, Safeway prepping for possible strike

The Associated Press | Nov. 7 at 4:51 p.m.

In less than a week, unionized workers at two Arizona grocery store chains may be walking a picket line instead of stocking shelves and cutting meat.

China offers Africa more trade, investment

The Associated Press | Nov. 7 at 6:51 a.m.

China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday.

G-20 finance officials: Too early to end stimulus

By JANE WARDELL, AP Business Writer | Nov. 7 at 7:21 p.m.

Finance officials from rich and developing countries have pledged to maintain emergency support for their economies until recovery is assured, but failed to reach a clear agreement to bear the cost of fighting climate change.

House, Senate health care bills detailed

By ERICA WERNER and RICARDO ALONSO-ZALDIVAR, Associated Press Writers | Nov. 8 at 11:41 a.m.

A comparison of the three health care bills before Congress, including one by House Democrats and an alternative by House Republicans.

South Korean workers protest gov't labor policy

The Associated Press | Nov. 7 at 5:46 a.m.

Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws.

Chinese premier pledges funds, aid to Africa

By TAREK EL-TABLAWY, AP Business Writer | Nov. 8 at 10:56 a.m.

China's premier on Sunday pledged $10 billion in new low interest loans to African nations over three years, offering the beleaguered continent sorely needed cash while dismissing criticism that Beijing's motives in Africa are far from altruistic.

Engine fire grounds Delta plane in Atlanta

The Associated Press | Nov. 7 at 5:11 p.m.

A company spokesman says a Delta plane headed to Philadelphia had to return to the gate just before takeoff from Atlanta because of an engine fire.

Health care overhaul faces stone wall in Senate

By RICARDO ALONSO-ZALDIVAR, Associated Press Writer | Nov. 8 at 7:06 p.m.

The glow from a health care triumph faded quickly for President Barack Obama on Sunday as Democrats realized the bill they fought so hard to pass in the House has nowhere to go in the Senate.

Stocks post modest gains as job losses slow

By SARA LEPRO and TIM PARADIS, AP Business Writers | Nov. 6 at 5:16 p.m.

Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday.

Obama will push health bill in Saturday Hill visit

By ERICA WERNER, ssociated Press Writer | Nov. 6 at 6:51 p.m.

President Barack Obama still expects to have a health care overhaul bill to sign by year's end and plans to personally lobby for it in a visit to Capitol Hill on Saturday, the White House said.

G-20 finance officials: Too early to end stimulus

By JANE WARDELL, AP Business Writer | Nov. 7 at 10:46 a.m.

Finance officials from rich and developing countries pledged Saturday to maintain emergency support for their economies until recovery is assured and committed themselves to urgent action on tackling climate change.

Obama to address economy, Fort Hood shooting

The Associated Press | Nov. 6 at 9:30 a.m.

President Barack Obama is expected to talk about the Fort Hood shootings and the double-digit unemployment figures at the White House later this morning.

Consumer borrowing drops $14.8B in September

By MARTIN CRUTSINGER, AP Economics Writer | Nov. 6 at 6:46 p.m.

Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery.

Obama: Gov't working to ease pain of joblessness

By JULIE PACE, Associated Press Writer | Nov. 6 at 11:10 a.m.

President Barack Obama said new figures released Friday showing national unemployment has hit the double-digit mark are a sobering reminder of the challenges still facing the U.S. economy.

World stocks fall as US jobless rate hits 10.2 pct

By CARLO PIOVANO, AP Business Writer | Nov. 6 at 8:26 a.m.

European stocks fell and Wall Street was expected to drop on the open Friday after data showed the U.S. unemployment rate jumped to 10.2 percent in October, more than expected, as 190,000 jobs were cut.

White House adviser: Job numbers disappointing

The Associated Press | Nov. 6 at 9:26 a.m.

White House economic adviser Christina Romer (ROH'-mur) says the 10.2 percent unemployment rate for October is a stark reminder of how much more needs to be done to get people back to work.

Business Highlights

The Associated Press | Nov. 6 at 5:56 p.m.

Jobless rate tops 10 pct. for first time since '83

Detroit man charged in funds theft from drug plan

The Associated Press | Nov. 6 at 4:36 p.m.

A Detroit man has been charged in the theft of nearly $1 million in money intended for employee prescription drug coverage in the city of River Rouge.

Cardiologist and Boston Sci exec Baim dies at 60

By MATTHEW PERRONE, AP Business Writer | Nov. 6 at 9:21 p.m.

Dr. Donald Baim, a renowned cardiologist and medical device executive, died Friday following surgery to treat a form of cancer, his family said in a statement. He was 60.

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