Wall Street Gains amid Jobs Report Boost
Investors extended a week of gains after a weak jobs report kept focus on unemployment near 10 percent in October. The Dow rose 17.46 to 10,023.42, the S&P 500 gained 2.67 to 1,069.30, and the Nasdaq jumped 7.12 to 2,112.44 as Berkshire Hathaway reported third quarter profits boosted by derivative gains.
MENTIONED IN THIS ARTICLE
Labor Department
Standard & Poor
Warren Buffett
Berkshire Hathaway Inc
Berkshire
Oil prices slide as unemployment hits 10.2 percent
U.S. unemployment rose to 10.2 percent, triggering a sharp drop in oil markets. Benchmark crude for December delivery settled at 77.48 dollars per barrel on the New York Mercantile Exchange, reflecting a broad market reaction to the labor data.
MENTIONED IN THIS ARTICLE
U.S
New York Mercantile Exchange
PepsiCo to defend over bottled water trade secrets claim
A Wisconsin judge halted a default judgment of 1.26 billion against PepsiCo in a trade secrets suit over bottled water. PepsiCo failed to respond due to misrouted letters by a secretary, delaying a trial and allowing the claim to proceed to a court hearing.
MENTIONED IN THIS ARTICLE
PepsiCo Inc
Wisconsin
PepsiCo
Unemployment hits 10.2 percent for first time since 1983
The 10.2 percent jobless rate signals a stubborn recovery struggle as nearly 16 million Americans cannot find work. The report shows 190,000 net job losses across most sectors, with 15.7 million unemployed, amid cautious hiring and a potential rise to 10.5 percent next year.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Christina Romer
Barack Obama
Council of Economic Advisers
Nanny Caddy diaper vending machine hits area malls
The Nanny Caddy, a diaper and baby-supplies vending machine, spreads from Arizona to Pennsylvania and beyond. CEO Shannon FitzGerald says five figures in revenue with national expansion plans to California Delaware Massachusetts New Jersey New York while machines already operate in Superstition Springs Center and Philadelphia area venues.
MENTIONED IN THIS ARTICLE
Melissa Cribben
Hiladelphia Inquirer
Hiladelphia
Philadelphia
Celena Lentz
Gold Canyon
Ariz
Superstition Springs Center
Lentz
Shannon FitzGerald
East Falls
Penn
Patrick
Nanny Caddy
FitzGerald
Walt Disney World
King of Prussia Mall
Arizona
Pennsylvania
California
Delaware
Massachusets
New Jersey
New York
Aubrey Mortimer
Mortimer
Please Touch
UI Wind Energy Test Institute bid attracts $78 million plan
The University of Iowa proposed a $78 million effort to host the world’s first large wind turbine test site at Oakdale. The Iowa Power Fund Board will consider a $15 million state funding request to attract federal dollars for Wind Energy Testing Institute, with UI seeking $5 million from the Iowa Department of Economic Development and in-kind city and land support. Clipper Wind Power and Acciona Windpower loom as regional partners. Iowa aims to leverage its large turbine base and emerging wind energy park, while facing competition from Michigan and others.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Iowa City
University of Iowa
Iowa Power Fund Board
Wind Energy Nae Testing Institute
WENTI
US College of Engineering
Barry Butler
Butler
US Department of Energy
Becau
Oakdale
Iowa Department of Economic Development
Coralville
Clipper Windpower
Cedar Rapids
Acciona Windpower
West Branch
Iowa
Iowa Alliance For Wind
Michigan
Iowa Power Fund
Also Mentioned on This Page
Wall Street
Berkshire Hathaway
Romer
Agg Das
Cath Cny
Philadelphia Inquirer
Janelle Driver
Aubrey
Zoey Mortimer
David. Dewitte
Gazcomm.com
U! College of Engineering
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