May 22, 2013

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Jobless Claims Jump 16,000 To 357,000

The number of Americans seeking unemployment benefits jumped by 16,000 last week, the second straight weekly increase. But the longer-term trend in layoffs remained consistent with an improved job market

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Olathe OKs Google Fiber Deal

Olathe officials have approved an agreement that paves the way for Google's super-fast Internet service to be installed in the southern Johnson County community.

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Spirit Aerosystems Names New CEO

Larry Lawson, an executive vice president in the business segment of Lockheed Martin Aeronautics, has been chosen to replace Jeff Turner.

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Kansas Realtors Backing Compromise On Tax Plan

The Kansas Association of Realtors is backing a compromise proposal to phase out all tax deductions as the state Senate prepares to debate a bill to further reduce personal income tax rates.

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Oil Price Down On Fed Policy Concerns

The price of oil fell slightly Monday after strong jobs growth in the U.S. sparked speculation of an earlier end to the Federal Reserve's loose monetary policy.

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Unemployment Falls To 7.7 pct.

U.S. employers ramped up hiring in February, adding 236,000 jobs and pushing the unemployment rate down to 7.7 percent from 7.9 percent in January. Stronger hiring shows businesses are confident about the economy, despite higher taxes and government spending cuts.

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AP Source: Boeing To Propose 787 Battery Fix

A congressional official says Boeing will propose to federal regulators a plan to temporarily fix problems with the 787 Dreamliner's batteries that have kept the planes on the ground for more than a month.

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