Business - Decaturdaily.com

Business In Brief

Wolverine Tube reports loss Wolverine Tube Inc. reported a third-quarter net loss of $7.2 million compared to a net loss of $23.9 million in the same period for 2008. The results, filed last … more

11/21/09 | 15 views

Business In Brief

The Decatur City Council approved Monday additional tax abatements for Texas-based Friedman Industries. The 4-0 vote increases Friedman’s abatement of … more

11/17/09 | 107 views

Charges filed in Kuwaiti fruit fraud

ATLANTA — The chief food supplier for the U.S. military in Kuwait and Iraq inflated prices and defrauded the U.S. government for multibillion-dollar contracts to feed American troops, federal … more

By Greg Bluestein
Associated Press Writer | 11/17/09 | 66 views

GM reports $1.2B loss since bankruptcy

DETROIT — General Motors Co. said Monday it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in previous quarters and a sign that … more

By Dee-Ann Durbin and Tom Krisher
AP Auto Writers | 11/17/09 | 130 views

People In Business

Members of the International Code Council elected Decatur Building Director Jimmy Brothers as vice president, a volunteer position. The elections were held during the council’s annual conference … more

11/15/09 | 214 views

Local shop bears fruit

With loyal customers like Deborah Peete, Pineapple’s home accents store is taking the recession head-on. The Decatur resident said she loves the Decatur Mall store’s small-town attention and … more

By Paul Huggins
Staff Writer | 11/15/09 | 301 views

Artur Davis betrayed constituents

U.S. Rep. Artur Davis, D-Birmingham, soon will be asking me to vote for him for governor. His vote against health care reform is not the way to get it. I struggle to understand the passion … more

11/15/09 | 681 views | 12 comments

Can’t find your favorite clothing brand? It may be in a different store

NEW YORK — Some of fashion’s best-known names are playing musical chairs. Faced with a consolidating department store industry and eroding sales, some labels are cutting ties with … more

By Anne D’innocenzio
AP Retail Writer | 11/15/09 | 164 views

Poll: Southerners want federal help, fear for jobs

COLUMBIA, S.C. — A new poll shows Southerners are fretting about job loss and the economy and don’t think the federal government is doing enough to address either. The Winthrop Poll of 866 … more

By Jim Davenport
Associated Press Writer | 11/12/09 | 85 views

Gold hits record; rush is on

CHICAGO — The new gold rush is on. The price of the precious metal is soaring, hitting a record $1,119 an ounce on Wednesday — confounding market analysts who thought there was no way … more

By Dave Carpenter
AP Personal Finance Writer | 11/12/09 | 472 views | 1 comment