States and local governments still cutting jobs after recession
Washington reports that state and local governments continue shedding jobs amid the 2009- recession aftermath. With 467000 local posts lost since June 2009 and 188000 in schools, economists warn further cuts into mid 2012 will ripple through private firms and services. Moody’s links each local job to 1.3 others. Government budget tightening, fading federal stimulus, and strained tax revenue mar recovery efforts.
MENTIONED IN THIS ARTICLE
Washington
U.S
Mark Witner
Wells Fargo Securities
Joel Naroff
Naroff Economic Advisors
Naroff
Moody’s Analytics
Michael Gapen
Barclays Capital
Jobs Returns to Unveil Free Sharing Service at Apple Conference
Notable Apple chief Steve Jobs briefly reemerged from medical leave to unveil a free service enabling calendar entries songs and files to be shared across devices. Apple also previewed software to align Mac behavior with mobile devices and vice versa. Jobs received a standing ovation at the annual developers conference marking his second public appearance since January. He spoke briefly and delegated most announcements to executives.
MENTIONED IN THIS ARTICLE
Apple
Steve Jobs
Jobs
Apple Inc
Markets End Mixed As Dow Drops 61 Points
Monday trading saw the Dow Industrials retreat 61.30 points to 12,089.96 while the Nasdaq fell 30.22 to 2,702.56 and the S&P 500 slipped 13.99 to 1,286.17. Treasury yields edge up and grain and oil futures slide on world events.
MENTIONED IN THIS ARTICLE
Dow Industrials
S&p 500
Treasury
Chicago
Kansas City
New York
Emails show Edwards knew of payments in 2009 case
Prosecutors obtained emails between John Edwards and Wendy Button as key evidence in the campaign finance case. The messages relate to a draft statement admitting paternity and acknowledge payments to Edwards's mistress to keep it private. Edwards denied knowledge of the funds during the 2004 vice presidential nomination period and after his indictment.
MENTIONED IN THIS ARTICLE
Washington
John Edwards
Associated Press
Edwards
Wendy Button
White House
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