Business

Business 13,000 is next Dow milestone, with record in sight

By CHRISTINA REXRODE AP Business Writer Published: Feb 8, 2012 at 8:40 AM PST

It was just last summer that the Dow Jones industrial average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession.

Business UK to buy another Boeing C-17 military plane

By CASSANDRA VINOGRAD Associated Press Published: Feb 8, 2012 at 8:37 AM PST

Prime Minister David Cameron says Britain will buy a new Boeing C-17 military aircraft to help move troops around.

Business Forget the Happy Meal. 'Lorax' gets green tie-ins

By RYAN NAKASHIMA AP Business Writer Published: Feb 8, 2012 at 8:35 AM PST

The Lorax, perhaps the most famous anti-industrial crusader from children's literature, is about to become a big-time corporate spokesman.

Business Murdoch's company settles more phone hacking lawsuits

By RAPHAEL SATTER Associated Press Published: Feb 8, 2012 at 8:37 AM PST

Rupert Murdoch's News International has succeeded in settling nearly all the cases in the first wave of lawsuits against it for phone hacking, with a new round of apologies and payouts announced in a London court Wednesday.

Business Nokia ends phone assembly in Europe, cuts jobs

By MATTI HUUHTANEN Associated Press Published: Feb 8, 2012 at 8:36 AM PST

Nokia Corp. plans to stop assembling cellphones in Europe by year-end as it shifts production to Asia and will cut another 4,000 jobs, its latest attempts to cushion itself from stiff competition in the smartphone sector.

Business 'Graphic depiction of geography: That's what I'm good at' (Video)

By Lincoln Graves, KATU News and KATU.com Staff Published: Feb 7, 2012 at 4:38 PM PST

David Imus enjoys helping others see the world. He’s been making it his mission for the last 29 years.

Business Consumer borrowing rose $19.3 billion in December

By MARTIN CRUTSINGER AP Economics Writer Published: Feb 7, 2012 at 2:05 PM PST

Americans accelerated their borrowing in December for the second straight month, running up more credit card debt and taking out loans to buy cars and attend school.

Business 4 Yahoo board members including chair leaving

By MICHAEL LIEDTKE AP Technology Writer Published: Feb 7, 2012 at 2:06 PM PST

Yahoo Chairman Roy Bostock and three longtime board members are stepping down, fulfilling the wishes of many frustrated shareholders who believe the directors have been part of the problem that has dragged down the Internet company's revenue and stock price.

Local & Regional News for Eugene, Springfield Oregon San Francisco's Dogpatch pier district braces for renewal (Photo Gallery)

By BETH DUFF-BROWN Associated Press Published: Feb 7, 2012 at 10:00 PM PST

There's a hidden corner of the City by the Bay where rusted cranes used to build World War II battleships loom over dilapidated artist studios, where working-class fishermen bob up against first-class ocean liners docked for repair.

Local & Regional News for Eugene, Springfield Oregon Art parties pair painting with wine (Photo Gallery) (Video)

By Crystal Price KVAL News Published: Feb 7, 2012 at 1:13 PM PST Last Updated: Feb 7, 2012 at 4:39 PM PST

Retired art teacher Pauline Hauder spends two nights per week leading a group on how to paint one picture. Crystal Price from KVAL News paid a visit to "Vino and Vango" for a story set to air on KVAL 13 TV News @ 5 p.m. on Feb. 7, 2012.

Business Job openings jump to near 3-year high

By CHRISTOPHER S. RUGABER AP Economics Writer Published: Feb 7, 2012 at 8:40 AM PST Last Updated: Feb 7, 2012 at 11:50 AM PST

The number of available jobs in the United States jumped in December to near a three-year high, supporting other data that show a brighter outlook for hiring.

Business Wal-Mart debuts 'Great for You' seal

By MAE ANDERSON AP Retail Writer Published: Feb 7, 2012 at 8:39 AM PST Last Updated: Feb 7, 2012 at 11:55 AM PST

Wal-Mart Stores Inc. plans to help its customers figure that out by adding a new green icon that reads "Great for You" to packaging of some of its house-brand foods.

Business Glencore, Xstrata agree to $90 billion merger

By FRANK JORDANS and ROBERT BARR Associated Press Published: Feb 7, 2012 at 8:38 AM PST

Anglo-Swiss mining group Xstrata PLC announced plans Tuesday to merge with commodities trading giant Glencore International PLC in a deal that will create the world's fourth largest natural resources group.

Business Bernanke expected to stick with low-rate stance

By MARTIN CRUTSINGER AP Economics Writer Published: Feb 7, 2012 at 8:37 AM PST Last Updated: Feb 7, 2012 at 11:56 AM PST

Federal Reserve Chairman Ben Bernanke has called the economy "frustratingly slow." On Tuesday, Congress will find out whether he still thinks so, even after Friday's news that hiring surged in January and unemployment reached a three-year low.

Business BP hikes dividend after strong fourth quarter

By ROBERT BARR Associated Press Published: Feb 7, 2012 at 8:36 AM PST

BP PLC has raised its quarterly dividend by 14 percent after posting double-digit gains in profit and revenue in the last three months of 2011 despite further big payments to compensate for the disastrous oil spill in the Gulf of Mexico.

Business Coinstar's stock soars on strong 4Q for Redbox

By Associated Press Published: Feb 6, 2012 at 3:56 PM PST

Coinstar's fourth-quarter earnings soared past analyst estimates as the company's Redbox kiosks for renting DVDs picked up customers who stopped getting their discs through Netflix's rival service.

Business China bars its airlines from paying EU carbon tax

By JOE McDONALD AP Business Writer Published: Feb 6, 2012 at 9:16 AM PST

China announced Monday it will prohibit its airlines from paying European Union charges on carbon emissions, ratcheting up a global dispute over the cost of combatting climate change.

Business U.S. levies new sanctions on Iran's Central Bank

By JULIE PACE Associated Press Published: Feb 6, 2012 at 9:15 AM PST

President Barack Obama announced tough new sanctions on Iran's Central Bank Monday amid increased tensions over Tehran's nuclear program and the specter of an Israeli attack on the Islamic republic.

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