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Unemployment soars in metropolitan areas

Unemployment rates in 363 U.S. metropolitan areas rose in January, and 346 areas reported year-on-year declines in their number of jobs, the Labor Department said on Friday.

Wall St. drops with commodities

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Stocks fell on Friday, following the Dow's eight consecutive days of gains as a rising dollar hurt oil prices and weighed on energy stocks.
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Creditors want Sex.com in bankruptcy, halt auction

Creditors of the owner of the Sex.com website have filed an involuntary bankruptcy petition against the company, stalling a lender foreclosure auction for the valuable website that was scheduled to begin on Thursday.
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U.S. says no explanation yet for Prius California claim

Safety investigators have found no evidence so far to support or disprove a California motorist's claim his Toyota Motor Corp Prius sped out of control on its own, and cautioned the case may never be explained, U.S. regulators said on Monday.
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Facebook to open office in southern India

Popular social-networking site Facebook will open an office in India, joining a long list of international firms that have looked to tap a skilled workforce that provides support services at relatively cheap wages.
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Toyota hit by California lawsuit

Toyota Motor Corp was hit by a planned lawsuit by California prosecutors on Friday over vehicle defects and by renewed political pressure to cooperate with investigators on cases of runaway cars.
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Western U.S., Canada go own way on carbon trading

As U.S. prospects for a national climate change bill fade, five U.S. states and Canadian provinces are on track to start a cap-and-trade market for carbon dioxide in 2012, say officials who see fading federal momentum boosting regional efforts.
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Urbanizing China long way from residence reform

They build the skyscrapers and lay the highways, mind the city children, sew the clothes and tend the shops, but China's army of migrant laborers are still fundamentally aliens in the country's bustling urban centers.
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Foreclosures drop for 2nd month in February: RealtyTrac

U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.
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Toyota, U.S. officials investigate runaway Prius

U.S. safety regulators and Toyota dispatched teams on Tuesday to inspect a Prius that sped out of control on a California freeway a day earlier, as the automaker struggled to reassure consumers shaken by its recall crisis.
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CEO bonuses fell 22 pct in 2009: report

U.S. consumer, financial and technology companies slashed bonuses for their chief executives by more than half in 2009, a leading firm that tracks pay data said on Tuesday, as companies moved to more closely tie executive pay to performance.
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More work ahead on housing market: Treasury

The Obama administration has more work to do to help struggling U.S. homeowners, despite signs of a stabilizing housing market, a senior Treasury official said on Monday.
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Vineyard breakthrough wins water startup prize

A Web application that alerts wine grape farmers when their vines are thirsty has won first place in a competition to spur entrepreneurs in the investment-starved water sector, organizers said on Monday.
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Drive The Famous Route 66

The famous Route 66 is a historic highway that ran from Chicago, Illinois and ended at the coastal city of Los Angeles, California.
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U.S. Jobs Data Propels Crude Oil Above $80 a Barrel

Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a barrel threshold. Nymex's benchmark West Texas Intermediate settled Friday at $81.50 a barrel, a seven-week high, after topping $82 in intraday trading. An unchanged unemployment rate of 9.7% and a smaller-than-expected drop in payrolls propelled both stocks and commodities higher on Friday. Earlier in the week, industry job data also came out better than...

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