These are recent news articles from around the Tampa Bay and Orlando areas. Some may pertain to Lou Pearlman and Trans Continental. Select from news sources below.
The number of people signing up for unemployment benefits dropped to the lowest level in two months, an encouraging sign that companies aren't resorting to deeper layoffs even as the economy has lost momentum.
The global economic recovery could be slower than previously anticipated but a return to recession is unlikely, a leading international economic body said Thursday.
The U.S. has slipped down the ranks of competitive economies, falling behind Sweden and Singapore due to huge deficits and pessimism about government, a global economic group said Thursday.
August's summer heat provided a lift for fast-food giant McDonald's, pushing a key revenue figure up 4.6 percent in the U.S. during the month as customers came in for frappes and fruit smoothies.
Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.
BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig.
Google Inc. stepped on its Internet search accelerator Wednesday by adding a feature that displays results as soon as people begin typing their requests.
Even if they were enacted soon, President Barack Obama's proposed tax breaks for businesses would hardly be a quick fix to rejuvenate hiring or the economy, analysts say.
House Republican Leader John Boehner onWednesday proposed a two-year freeze on all tax rates and a cut in government spending to the levels of 2008, before a deep recession took hold of the economy.
PepsiCo plans to expand its popular Refresh Project, a charity program that has generated tens of millions of votes and countless Tweets, news stories and Facebook posts.
The number of people signing up for unemployment benefits dropped to the lowest level in two months, an encouraging sign that companies aren't resorting to deeper layoffs even as the economy has lost momentum.
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