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Read More »Mortgage Applications Rise on Surging Demand
NEW YORK – Applications for U.S. home mortgages rose for the first time in three weeks despite higher interest rates, the Mortgage Bankers Association said Wednesday. The Mortgage Bankers Association (search) said both purchasing and refinancing activity gained sharply in the week ended July 1. The MBA said its seasonally …
Read More »Google Profit Fueled by Ad Growth
SAN FRANCISCO – Web search leader Google Inc. (GOOG) Thursday said its quarterly profit more than quadrupled, fueled by growth in online search advertising, but shares fell 6.5 percent as revenue was not as strong as some had hoped. Google posted second-quarter net profit of $342.8 million, or $1.19 a …
Read More »Bush Signs Highway Bill
WASHINGTON – President Bush (search) signed an extension of an old highway spending bill (search) on Friday as Congress continues to struggle over how best to rewrite the legislation that expired nearly two years ago. With the seventh extension expiring Thursday, the House and Senate both approved, without debate, an …
Read More »Two Israelis Killed in Gaza Attack
JERUSALEM – Palestinian gunmen opened fire on an Israeli vehicle traveling on the main road connecting the Gaza Strip (search) settlements to Israel early Sunday, killing a husband and wife and wounding four other Israelis, rescue workers and the army said. Earlier, the army said it had captured a would-be …
Read More »Nonsurgical Fibroid Treatment Deemed Safe
Complications are rare among fibroid patients treated with a relatively new nonsurgical procedure known as uterine embolization. This remains true even in centers that perform only a few of them, researchers say. Early findings from the largest study ever of a fibroid treatment suggest that embolization compares favorably in terms …
Read More »Out-of-the-Ordinary NewsFor the Week of July 11
Out-of-the-ordinary news from the folks at “Studio B”… Dissing ‘Dukes’ A lot of folks are pumped up about the return of “Dukes of Hazzard (search).” But not Cooter. Ben Jones (search) — who played Cooter on the classic TV series and went on to become a Georgia congressman — is …
Read More »Teamsters, SEIU Bolt the AFL-CIO
CHICAGO – Declaring “a new era for American workers,” Teamsters President James P. Hoffa prepared his workers Monday for an historic split from the AFL-CIO, labor’s umbrella organization representing 56 unions. The Teamsters and the Service Employees International Union, the largest AFL-CIO affiliate with 1.8 million members, left the federation …
Read More »Colgate-Palmolive Profit Falls but Beats Expectations
NEW YORK – Colgate-Palmolive Co. (CL) on Wednesday said second-quarter profit fell 8 percent, dragged down by restructuring charges, but sales rose, topping Wall Street expectations. Profit at Colgate, which is focused on more profitable businesses such as oral care under a restructuring unveiled last year, fell to $342.9 million, …
Read More »Bush Eyes Potential Court Picks
WASHINGTON – President Bush reviewed potential candidates for the Supreme Court (search) as he flew home Friday on Air Force One from the terrorism-interrupted summit of world leaders in Scotland. Bush was to devote his Saturday radio address to the subject of terrorism and will make a speech on terrorism …
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