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Beef recall announced over E. coli fears
TEMPE, Ariz., Feb. 3 (UPI) -- Business activity in U.S. service industries grew in January for the 26th consecutive month, the Institute for Supply Management said Friday.
The pace of growth picked up with the headline Purchasing Managers Index climbing from 53 to 56.8.
The index uses 50 as a break-even point. Above 50 indicates growth. Below 50 indicates a contraction.
The critical new-orders index for non-manufacturing businesses jumped from 54.6 to 59.4. The employment index rose from 49.8 to 57.4, meaning December's shrinking job pool has turned to expansion.
The prices index also rose from 62 to 63.5.
In the month, 12 of 18 service industries tracked in the report showed growth, led by real estate, rental and leasing, information services, education, and transportation and warehousing.
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ERBIL, Iraq, June 19 (UPI) --
Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
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SAO JOSE DOS CAMPOS, Brazil, June 19 (UPI) --
Brazilian aircraft maker Embraer hopes to continue building up its sales of private jets at the same time as it expands capacity in defense, security and tactical transport.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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