Gasoline prices jump as Isaac snarls Gulf refined output
Prices surge across the nation as Hurricane Isaac shuts Gulf Coast refineries cutting about 1.3 million barrels per day. The national average climbs to 3.80 a gallon with Midwest spikes and drivers facing higher costs through Labor Day weekend. Local quotes reflect sharp price swings from Cincinnati to Chicago.
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Mary Allen
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Dickson Stewart
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Got Yogurt opens in Sheffield offering healthier frozen yogurt
Mike Li opens Got Yogurt on Abbe Road Sheffield offering frozen yogurt with non fat and low fat flavors and toppings. Li stresses affordability and community ties near the college and movie theater while planning future locations and student discounts.
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Sheffield
Mike Li
Abbe Road
Rob Swindell
Chronicle
Analysts doubt Fed will signal new bond purchases in Jackson Hole
Investors expect only a cautious hint from Chairman Bernanke at the Jackson Hole symposium in Wyoming. Economists doubt a dramatic move or QE2-like action, as the economy shows modest growth and July minutes hinted potential easing soon if conditions weaken.
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Fed
Bernanke
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Timothy Day
University of Oregon
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Ford breaks ground on Hangzhou China factory
Ford Motor Co opens a $760 million Hangzhou plant on China's east coast, expected to start in 2015. CEO Alan Mulally touts Hangzhou for its market reach and skilled workforce while Ford plans a new small car for China and eight vehicles by 2015, but does not pursue a cheap local brand.
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Hangzhou
China
Ford Motor Co
General Motors
Volkswagen
Ford
Alan Mulally
Ford China
Dave Shoch
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