Stocks Fall On Credit, Inflation Concerns (New York, NY) -- Stocks were down for the second day in a row as investors worried about credit concerns in the financial sector. On the day, the Dow Jones Industrial Average fell 131 points to close at 11,349 ...Read More
Goodyear To Close 92 Stores And Cut 600 Jobs (Detroit, MI) -- Goodyear Tire and Rubber Company is shutting down 12 percent of its stores across the U.S. and slashing 600 full and part time jobs. Goodyear spokesman Keith Price says people are driving less frequently given the current economic situation and it's taking a toll on the tire industry ...Read More
Arlington County Named "America's Top-Rated Wealth Center" (Arlington, VA) -- A new report on wealth names Arlington, Virginia, as "America's top-rated wealth center." BizJournals.com analyzed the relative affluence of all urban areas with populations of 100-thousand or more ...Read More
Food Banks Say Donations Down Due To Gas Prices (Seattle, WA) -- With people across the country struggling to deal with the economy, even traditional places of charity are suffering as well. In Seattle, Washington, food banks and charities say they're running out of supplies due to high gas and food prices ...Read & Hear More
Apple Issues Fix For iPhone (New York, NY) -- A European service provider says Apple has put out a fix for the latest iPhone to address connection complaints. T-Moblle, which is owned by Deutsche Telekom, says it is not clear if the upgrade will fix all connection problems ...Read More
Figures Shows Economy Hurting (Washington, DC) -- The U.S. economy continues to be hurt by the downturn in the housing sector. The latest report on initial construction of new homes has fallen to the lowest level in 17 years. The report comes as the former chief economist for the International Monetary Fund predicted an American bank will fail in the next few months ...Read & Hear More
