WHDH Business News

More states add jobs, but many for temporary staff

WASHINGTON -- In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment. [Full Story]

Stocks fall for 3rd day as dollar strengthens
NEW YORK -- The stock market ended a losing week with light selling as investors grew uneasy about a rising dollar and spiking demand for the safest government debt. [full story]
Senate panel to mull Bernanke nomination on Dec. 3
WASHINGTON -- Federal Reserve Chairman Ben Bernanke's nomination to a second term will be the subject of a Senate Banking Committee hearing next month, the panel's chairman said Friday. [full story]
P&G recalls Vicks nasal spray after bacteria found
CINCINNATI -- The Procter & Gamble Co. is recalling some 120,000 bottles of Vicks Sinex nasal spray after the company found bacteria in some samples during routine testing. [full story]
Panel sets fees for big firms, aims to rein in Fed
WASHINGTON -- Taking aim at Wall Street and the nation's central bank, a key House committee voted Thursday to assess upfront fees on large financial firms to pay for the failure of their peers and to require a sweeping congressional audit of the secretive Federal Reserve. [full story]
Foreclosures in Mass. up in October
BOSTON -- Foreclosures in Massachusetts soared nearly 30 percent in October compared to the previous month, but are down slightly when compared to the same month last year. [full story]
Mass. unemployment rate drops
BOSTON -- Massachusetts' monthly unemployment rate has fallen for the first time in nearly 2 1/2 years and just one month after hitting the highest level since 1976. [full story]
AOL to lay off a third of staff
NEW YORK -- AOL Inc., the struggling Internet company, plans to cut about a third of its workers if its planned spinoff from Time Warner Inc. goes through. [full story]
Stronger dollar, weak economic data pummels stocks
NEW YORK -- Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets like the dollar. [full story]
Google adding automatic captions to YouTube videos
WASHINGTON -- Think of it as closed captioning for the new media world. [full story]