Channel: AP Business

Stocks closed an abbreviated session mixed Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. (July 3)

Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy's fragile state. The unemployment rate held steady at 5.5 percent. (July 3)

Each year thousands of planes are forced to pull up at runways at major American cities. The maneuver is called a 'go around.' As Ted Shaffrey reports, some are concerned about the safety of this practice.

American Airlines says it could cut as many as 900 flight attendant jobs AP's James Limbach reports on that and the rest of Wednesday's top business headlines. (July 2)

In a sign that the company's galloping growth days may are over, Starbucks announced Tuesday they are closing some 600 stores nationwide. (July 2)

In a sign that the company's galloping growth days may are over, Starbucks announced Tuesday they are closing some 600 stores nationwide. (July 2)

In a sign that the company's galloping growth days may are over, Starbucks announced Tuesday they are closing some 600 stores nationwide. (July 2)

Here's the latest news for Wednesday, July 2nd: Police capture suspect in killing spree; Palestinian driver rams bulldozer into traffic; California calls in the National Guard to battle wildfires; Starbucks announces store closures

As the economy continues to suffer, auto makers are struggling. That trickles down to car dealers who have also seen sales slow dramatically. A new report shows last month G.M., Ford, Chrysler and Toyota had double-digit sales dips. (July 1)

Wall Street began the third quarter with an erratic session Tuesday as a mix of news made it clear the country is still deep in economic problems but may have some positive trends. (July 1)