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  • Unemployment Claims Drop Sharply to 434K

    October 28, 2010 8:36 AM

    WASHINGTON (AP) - Fewer people applied for unemployment benefits last week, the second drop in a row and a hopeful sign the job market could be improving. The Labor Department says initial claims for jobless benefits dropped by 21,000 to a seasonally adjusted 434,000 in the week that ended Oct.... more »
  • Transocean President Sharply Criticized Federal Government

    June 22, 2010 11:35 AM

    NEW ORLEANS (AP) - The owner of the offshore rig involved in the massive Gulf oil spill sharply criticized the U.S. government's six-month ban on deepwater drilling Tuesday. Transocean Ltd. president Steven Newman told reporters at an oil industry conference in London that there were things President Barack Obama's administration... more »

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