Business

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  • Crude nears $146 as supplies get tighter(CNN)
    Crude prices surged Thursday to a new trading record near $146 a barrel as the summer maintenance season for the North Sea oil fields begins to squeeze European supplies.

  • Utah goes to 4-day workweek to save energy(CNN)
    Read full story for latest details.

  • Subsidies boost food prices - WTO(CNN)
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  • Ex-Refco CEO gets 16 years(CNN)
    Read full story for latest details.

  • The art of the hire(CNN)
    Anne Messenger's hair stood on end as she read her former administrative assistant's Facebook profile. The picture showed the woman in a sultry pose, smoking a cigarette. Her main interests? Men and drinking. Yet in her interview, the candidate had seemed personable and energetic. The position included bookkeeping and her math skills were a little subpar, but she could brush them up on the job, right?

  • Environmental support dips vs. economy - poll(CNN)
    With the U.S. economy mired in a slump, Americans still believe saving the environment is more important than fixing the economy, according to a new poll released Thursday. But consumers are more closely divided on the issue than they have been in the past.

  • Fireworks for the dollar(CNN)
    It's appropriate, as we head into a long holiday weekend to celebrate America's independence, that the dollar rallied a bit Thursday.

  • American Airlines to cut 8% of staff(CNN)
    American Airlines said on Thursday that it plans to cut nearly 7,000 full-time employees, or 8% of its total staff, by the end of 2008.

  • Treasurys mixed on jobs, service sector(CNN)
    Bond prices were up and down Thursday after the government's June payroll report came in largely as expected, allaying some fears about the health of the economy, but a survey showing weakness in the service sector tempered gains.

  • Mortgage rates drop, snapping a 3-week climb(CNN)
    Rates on 30-year fixed mortgages fell for the first time in three weeks after the Federal Reserve said last week that it expects inflation to level off, according to mortgage backer Freddie Mac.

  • Lose weight or else!(CNN)
    The employees of Lincoln Industries are all physically fit. Marc LeBaron demands it.

  • Service sector shrinks in June - survey(CNN)
    Service sector business activity declined in June, according to a key survey released Thursday that showed continued economic weakness.

  • Dow rises after jobs report(CNN)
    The Dow gained Thursday, with recently battered blue chips bouncing back, but the broader market was mixed as investors considered a weak June jobs report and a rise in interest rates in Europe.

  • Unemployment claims highest since March(CNN)
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  • A half-year of job losses(CNN)
    Employers trimmed jobs from their payrolls in June for the sixth straight month, as the government's closely watched report Thursday showed continued weakness in the labor market.

  • Dollar rises sharply on jobs, ECB(CNN)
    The dollar rose against the euro Thursday after a government report on the labor market came in largely as expected despite persistent rumors that a much bleaker number was in store.

  • ECB raises interest rates to 4.25%(CNN)
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