AP Photo
Vicki Adriano drops off parts at the General Motors Lordstown plant Oct. 22 in Lordstown, Ohio. Compared with 1982, Americans have more than triple the amount of debt and less than half the savings. Their unemployment spells last 10 weeks longer, on average.
10:57 PM - U.S. unemployed are more vulnerable today to foreclosure and bankruptcy than they were a generation ago. Read more...
In Other Business News...
11:00 PM - Finance officials pledged Saturday to maintain emergency support for their economies until recovery is assured. Read more...
12:17 AM - Fares for travel around the holidays have been rising since late summer. Christmas fares are now running 4 percent below a year ago, and the gap is likely to disappear soon. Read more...
11:13 PM - CHARLOTTE, N.C — Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans. Read more...
11:10 PM - Hexcel Corp. and Toray Carbon Fibers America are revolutionizing jet manufacturing by providing a lightweight substitute for the metals that give the jets much of their weight. Read more...
11:16 PM - The jobless rate rocketed to 10.2 percent in October, the highest since early 1983, dealing a psychological blow to Americans as they prepare holiday shopping lists. Read more...
11:33 PM - House Democratic leaders struggled Friday for the final votes needed to pass sweeping health care legislation. Read more...
11:03 PM - The North Carolina Supreme Court determined that Philip Morris USA, R.J. Reynolds Tobacco Co. and Lorillard Tobacco Co. Read more...
11:00 PM - NEW YORK — Two former Bear Stearns hedge fund managers charged with lying to investors always were honest about the risks of investing in securities linked to the volatile subprime mortgage market, a defense lawyer told a jury on Friday. Read more...
11:00 PM - NEW YORK — Treasury prices mostly rose Friday after the government said the nation’s unemployment rate climbed to a 26-year-high of 10.2 percent last month. Read more...
10:58 PM - LOS ANGELES — In a tacit acknowledgment of a delay in their plan to combine, Live Nation Inc. and Ticketmaster Entertainment Inc. said in filings Friday that a shareholders meeting to approve the deal is set for Jan. 8. Read more...
Business Planner
10:26 PM - THIRD INDUSTRIAL REVOLUTION -- Jeremy Rifkin, president and founder of the Foundation on Economic Trends, will speak at the inaugural event for the... Read more...
Personnel File
07:06 AM - Michael Strickland, founder and CEO of Bandit Lites Inc. Read more...
10:31 PM - Barbara J. Campbell, of Maryville, Mark H. Fuentes, of Seymour; Allen C. Read more...
10:27 PM - Molecular Pathology Laboratory Network Inc. (MPLN) has named Jason Jones the chief information officer. Read more...
10:26 PM - Psychiatrist Dr. Lee Ellen Naramore has rejoined the active medical staff at Blount Memorial Hospital. Read more...