April Jobs Burst Signals Recovery Yet Unemployment Rises
The April payrolls rose by 290000, led by private sector gains, while the unemployment rate edged up to 9.9 percent. Household data show 550000 more employed, and underemployment reached 17.1 percent as long-term joblessness hit new highs. Economists warn a slower, protracted path to normal rates.
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Washington
Barack Obama
Wall Street
U.S
Europe
Gates vows major cut to military waste and generals
Defense Secretary Robert Gates announced a sweeping plan to trim the Pentagon bureaucracy aiming for about $10 billion in annual savings to preserve combat power. He cited wasteful practices, a top-heavy officer corps, and bloated overhead as targets while linking reforms to tighter budgets and ongoing wars.
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Defense
Robert Gates
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Gates
Nazi Germany
Oval Office
Dwight D. Eisenhower
Eisenhower
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Afghanistan
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United States
China
Fort Riley
Noevir Consultant Vivian Pearson Visits Japan
Local businesswoman Vivian Pearson, independent Noevir consultant since June 2009, traveled to Japan as a reward for exceptional business results. She toured Noevir R&D in Shiga and the Kobe headquarters, highlighting the company blend of science and nature and its global presence.
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Noevir
Vivian Pearson
Japan
Vivian
Carlsbad
Roswell
Shiga
Kobe
Irvine
Calif
VivianPearson
SBA and Google launch Tools for Online Success
The SBA partners with Google to offer Tools for Online Success, a set of online resources and training for small business owners. Tips cover establishing an online presence, free local listings, using YouTube and social media for marketing, web analytics, mobile trends, and keeping information current. Additional details at google.com/help/sba.
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Washington
Small Business Administration
Google
YouTube
Facebook
Twitter
Google.com
Senate Banking Chief Faults Mortgage Firms In Bill
Senate Banking Committee Republican criticizes pending financial regulation overhaul for not controlling government sponsored mortgage firms Fannie Mae and Freddie Mac. He argues the bill omits major crisis contributors while expanding a consumer bureau and a council to oversee risks.
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Washington
Senate
Republican
Richard Shelby
Rala
Fannie Mae
Freddie Mac
Shelby
Wall Street
Consumer Protection Bureau
House
Obama Administration
John McCain
Arizona
Judd Gregg
New Hampshire
Federal Reserve
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