Recession hits phone makers in the chips
The article explains a chip shortage still disrupting smartphone production in 2009. It notes Apple rivals struggle to meet iPhone demand, Wireless carriers face delays while 4G and Droid X supply feel the squeeze. Foundries run near capacity as investment rebounds slowly and uncertainty rises.
MENTIONED IN THIS ARTICLE
New York
Apple Inc
Sprint Nextel Corp
HTC Corp
Motorola Inc
Verizon Wireless
Taiwan Semiconductor Manufacturing Co
United Microelectronics Corp
Semiconductor Industry Association
Gartner Inc
SIA
Linley Gwennap
Linley Group
Gartner
Gwennap
Fugitives McCluskey Welch Captured After Three Week Manhunt
Arizona escapees McCluskey and Welch were found after a three week manhunt that stretched from Montana to Arkansas. Police said Welch dropped a weapon when confronted by a SWAT team at a campground in Arizona. McCluskey, 45, reportedly showed no remorse and the pair are linked to the New Mexico killings with a stolen Nissan plate.
MENTIONED IN THIS ARTICLE
St. Johns
Ariz
Arizona
John McCluskey
Casslyn Welch
Montana
Arkansas
Bonnie and Clyde
McCluskey
Welch
Apache County
Webb Hogle
Kingman
Phoenix
Say Welch
Colorado
Wyoming
New Mexico
Santa Rosa
Mortgage relief program falters as homeowners drop out
Nearly half of 1.3 million homeowners enrolled in the Obama era mortgage relief program have fallen out. The $75 billion effort appears failing to slow foreclosures as Treasury data show gaps. Unemployment also slowed with declines in 18 states and D C, while the national rate holds at 9.5 percent in July.
MENTIONED IN THIS ARTICLE
Treasury Department
United States
Washington, D.C
Labor Department
Market snapshot shows mixed Friday closes
The Dow fell 57.59 to 10,213.62 while the Nasdaq rose 0.81 to 2,179.76 and the S P 500 declined 3.94 to 1,071.69. Bond yields held steady at 3.66 percent for the 30 year. In commodities, corn rose 7 cents to 4.36, soybeans fell 8.25 cents to 10.04, wheat gained 25 cents to 7.06, and oil slipped 95 cents to 73.82.
MENTIONED IN THIS ARTICLE
Dow Industrials
S&p
Chicago
Kansas City
New York
U.S
Mid- Atlantic
Paul Zemsky
ING Investment Management
Dow
Standard & Poor
Stocks slide as investors weigh tepid growth
The Dow fell 57.59 to 10,213.62 and the S&P 500 declined 3.94 while the Nasdaq edged up 0.81. Advancing and declining trends showed a cautious market with energy stocks among the worst performers as global sentiment dimmed amid weak domestic growth signals. Investors cited little reason to buy and ongoing pessimism about near term growth prospects.
MENTIONED IN THIS ARTICLE
New York
Peter Costa
Empire Executions
Chevron Corp
ConocoPhillips
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