Jobless rate climbs in January across states
Labor data show unemployment rose in 30 states in January with Ohio posting the largest loss at 12,800 jobs and an 10.8 percent jobless rate. California Florida and North Carolina logged record highs. Michigan remained highest at 14.3 percent while North Dakota marked the lowest at 4.2 percent.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Ohio
Missouri
California
South Carolina
Florida
North Carolina
Georgia
Michigan
Nevada
Rhode Island
Illinois
New York
Washington State
Minnesota
Upper Plains
North Dakota
Nebraska
South Dakota
Senate approves extended jobless aid and tax breaks
The Senate voted 62 to 36 to extend several expiring elements of last year’s stimulus, including extended unemployment benefits up to 99 weeks in many states and funds for state health care for the poor. Six Republicans joined most Democrats, backing a package that would add about 130 billion to the deficit and move to House negotiations. The measure is part of a broader jobs agenda with talks on offsets and a smaller subsequent package for highway spending and hiring incentives.
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Washington
Senate
Ben Nelson
Nebraska
House
Dow Industrials
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CoreMold
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Chareae Sauirea
Acenciated Press
Palm struggles to turn around in crowded smart phone market
Palm Inc faces a difficult path as it competes with Apple iPhone and RIM BlackBerrys. The company cut forecasts after weak sales and faces pressure from investors as its stock sinks while rivals rise. Palm rolled out the Pre and webOS but failed to gain traction.
MENTIONED IN THIS ARTICLE
Palm Inc
San Francisco
Palm
Apple Inc
iPhone
Research In Motion Ltd
Ed Colligan
Sprint Nextel Corp
Verizon Wireless
At&t Inc
Apple
RIM
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Christopher S. Rugaber
Associated Press
Andrew Taylor
Best Buy
Mountain View
Calif
Broad
Siam
Lorain
Ken Carney
Wellington
Brighton
Ohio Public Works Commission
Quarry Road
the Market IN Review
Dow Jones
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