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Friday, 03 September 2010

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Az Central Business News
Fri, 03 Sep 2010 19:37

NEW YORK - Stocks are on pace to break a three-week losing streak after an encouraging employment report lifted hopes about the pace of economic growth.

Stocks on pace to break losing streak

NEW YORK - A trade group says the U.S. service sector, which provides most of jobs in the country, expanded for the eighth straight month in August, but the pace of growth slowed.

Service sector grows at slower pace

NEW YORK - Stocks extended their rally Friday after a relatively encouraging report on the jobs market lifted hopes about the pace of economic growth.

Stocks extend rally after jobs report

Unemployment rate rose to 9.6 percent.

Companies in U.S. Added 67,000 Jobs in August

Tempe businessman Ron Lynch saw a winning franchise concept the minute he stepped into the Tilted Kilt at the Rio hotel in Las Vegas.

Celtic-themed sports bar concept gains momentum

Battered by the economy and destructive flooding, Gaylord Entertainment Co. wants to delay Mesa resort by three years; DMB Associates also seeks an extension

Gaylord, DMB seek 3-year extension for Mesa projects

Arizona's taxable retail sales tumbled in June compared with both the previous month and June 2009. The slip was consistent with weak national economic numbers for the month that characterized the sputtering economy.

State's taxable retail sales took a 3% tumble in June

Arizona Heart Institute has started telling patients that it has filed for bankruptcy and is pursuing a sale to a Tennessee-based health-care company.

Arizona Heart Institute informs patients of bankruptcy filing

WASHINGTON - Orders to U.S. factories managed a slight gain in July as a surge in demand for commercial aircraft helped offset widespread weakness in other areas.

Factory orders rise 0.1% in July

Index is still down 19% from a year ago.

Pending home sales rise 5.2% in July

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