Archive for July, 2010

2010 15 Jul

First it was Hurricane Katrina, then it was the BP oil spill. Now the Louisiana coastal region faces a third economic crisis: Northrop Grumman Corp. will close the shipyard in Avondale, eliminating 5,000 jobs. Full Story Here

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2010 15 Jul

The number of Americans filing for initial unemployment insurance dropped to the lowest level in nearly two years last week, according to a government report released Thursday. Full Story Here

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2010 15 Jul

There aren’t many Fortune 500 executives on President Obama’s good-guys list these days, but retiring Caterpillar chairman Jim Owens makes the cut. Caterpillar manufactures things instead of practicing financial wizardry. It moves mud rather than spills oil. More to the point: The iconic Peoria company produces the kind of well-paid manufacturing jobs that a recession-weary […]

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