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Saturday, April 3, 2010 12:02 AM PDT

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Today's Business News: Economy adds jobs at fastest pace in three years Ban lifted: Pilots can take antidepressants on job Obama welcomes jobs report as rare good news Biggest job gain in 3 yrs pushes up interest rates Calif county reaches deal on tax refund to Chevron Study shows US refineries have bad safety record How the major stock indexes fared on Thursday Obama on presidency: One needs 'pretty thick skin' Q1 Earnings Season Should Be Strong, With Broad Gains London shares rise Icahn now owns whole mortgage on Trump casinos Goldman Sachs: Don't Blame Us Group 1 Automotive closes $15M note offering Changes to federal foreclosure program announced Environmentalists blast Obama mining rule reversal Treasury says bailout repayments reach $181 billion The Man Behind London's Shard Skyscraper Economy adds jobs at fastest pace in three years Fri, 2 Apr 2010 03:22 pm PDT AP - The nation added jobs at the fastest pace in three years last month as factories, stores, hospitals and the census all brought workers on board — the surest sign yet that the worst employment market in a generation has finally snapped back. Full Story Top Ban lifted: Pilots can take antidepressants on job Fri, 2 Apr 2010 10:05 pm PDT AP - The government is lifting a 70-year-old ban on letting pilots fly while on antidepressants, citing improvements in the drugs and an unforeseen side effect of the restriction: Depressed pilots kept flying but just kept their conditions secret. Full Story Top Obama welcomes jobs report as rare good news Fri, 2 Apr 2010 04:18 pm PDT AP - President Barack Obama on Friday hailed a new government report showing the most jobs created in nearly three years. "We are beginning to turn the corner," he told employees of a manufacturing plant that received government stimulus money. Full Story Top Biggest job gain in 3 yrs pushes up interest rates Fri, 2 Apr 2010 08:21 pm PDT AP - The biggest increase in jobs in three years pushed interest rates to their highest level since before the worst days of the credit crisis in 2008. Full Story Top Calif county reaches deal on tax refund to Chevron Thu, 1 Apr 2010 08:55 pm PDT AP - Contra Costa County officials have reached a tentative agreement on a repayment plan for an $18 million tax refund the county owes Chevron Corp. Full Story Top Study shows US refineries have bad safety record Fri, 2 Apr 2010 04:41 pm PDT AP - U.S. oil refineries have an ongoing problem with accidents that turn deadly, losing four times as much money from such incidents than refineries in the rest of the world, according to an insurance company report obtained Friday by The Associated Press. Full Story Top How the major stock indexes fared on Thursday Thu, 1 Apr 2010 02:27 pm PDT AP - Stronger reports on jobs and manufacturing boosted stocks Thursday ahead of the government's March employment report. The Dow Jones industrial average rose 70 points to a 2010 high on the final day of a shortened week. The stock market will be closed Friday and the bond market will close early for Good Friday. Major stock indexes rose for a fifth straight week. Full Story Top Obama on presidency: One needs 'pretty thick skin' Fri, 2 Apr 2010 05:17 am PDT AP - President Barack Obama says he finds harsh rhetoric from political opponents "troublesome" and says such talk isn't surprising in times of economic distress and sweeping societal changes. Full Story Top Q1 Earnings Season Should Be Strong, With Broad Gains Thu, 1 Apr 2010 04:44 pm PDT Investor's Business Daily - Analysts expect to see more robust growth when corporate earnings roll in this month, though this time prior-year comparisons should be a little less skewed than they were in the prior quarter. Full Story Top London shares rise Thu, 1 Apr 2010 09:23 am PDT AFP - FTSE 100 shares were firmer at the end of trade on Thursday as commodity prices surged. Full Story Top Icahn now owns whole mortgage on Trump casinos Fri, 2 Apr 2010 06:02 am PDT AP - Carl Icahn has bought the remaining half of the $500 million mortgage on the three Trump Entertainment Resorts casinos he's trying to buy out of bankruptcy. Full Story Top Goldman Sachs: Don't Blame Us Fri, 2 Apr 2010 05:08 am PDT BusinessWeek - The bankers at Goldman Sachs (NYSE:GS - News), by traditional measures, ought to be on top of the world. Eighteen months removed from the depths of the financial crisis, Goldman posted a $13.4 billion profit in 2009, a Wall Street record. When Chief Executive Officer Lloyd Blankfein went on a recruiting trip to Stanford, he was greeted by an overflow crowd. Goldman cast off its Troubled Asset Relief Program yoke and proceeded to pay its employees more than $16 billion. The firm is moving into a new $2.1 billion headquarters on the Hudson River. Full Story Top Group 1 Automotive closes $15M note offering Thu, 1 Apr 2010 02:20 pm PDT AP - Auto retailer Group 1 Automotive Inc. said Thursday that its sale of $15 million of convertible senior notes due 2020 has closed. Full Story Top Changes to federal foreclosure program announced Fri, 2 Apr 2010 01:09 pm PDT AP - The federal government announced Friday that it is relaxing some rules to make it easier for communities to spend funds on redeveloping abandoned and foreclosed properties. Full Story Top Environmentalists blast Obama mining rule reversal Fri, 2 Apr 2010 01:44 pm PDT AP - The same week President Barack Obama riled environmentalists with plans for offshore oil drilling, he faces criticism for signaling he will support a Bush-era policy criticized as giving mining companies unlimited access to public lands to dump toxic waste. Full Story Top Treasury says bailout repayments reach $181 billion Fri, 2 Apr 2010 02:35 pm PDT Reuters - The U.S. Treasury Department on Friday said total bailout repayments have reached $181 billion with the receipt of $3.4 billion from insurer Hartford Financial Services Group and another $1 billion installment payment from General Motors Co. Full Story Top The Man Behind London's Shard Skyscraper Fri, 2 Apr 2010 05:08 am PDT BusinessWeek - In case anybody doesn't know it, a dramatic change to London's skyline is emerging in the shape of the Shard, a skyscraper on the city's South Bank that resembles a giant wigwam of glass. When completed in 2012, it will be Europe's tallest building. And Irvine Sellar is the man responsible for it. Full Story Top

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