Business
Summary Box: Gold sets record on weaker dollar (AP)
AP - BETTING ON GOLD: Gold prices settled at a record high of $1,317.80 an ounce amid speculation that the Federal Reserve may take more steps to boost the economy. Many analysts believe the price could continue to rise.
Irish economy slips further ahead of harsh cuts (Reuters)
Reuters - Ireland's brief economic upturn showed further signs of petering out on Friday, with weak manufacturing and retail sales data giving Prime Minister Brian Cowen little comfort ahead of a savage round of budget cuts.
Stock Picks: Allstate, Time Warner Cable, Tractor Supply (BusinessWeek)
BusinessWeek - Allstate: Soleil Securities equity analyst Harry Fong maintained a buy rating and $38 price target on shares of Allstate , the largest publicly traded U.S. home and auto insurer, on Sept. 30.
DemandTec fiscal 2Q loss narrows (AP)
AP - DemandTec Inc., a provider of software services for retailers and consumer products companies, said Thursday that its fiscal second-quarter loss narrowed slightly as operating expenses shrank.
As TARP ends, small banks struggle to repay (Reuters)
Reuters - The U.S. government's $700 billion bailout of the financial system has become a form of long-standing aid for many of the nation's small and regional banks, even as the program officially expires on Sunday.
AIG to sell 2 Japanese units for $4.2 billion (AP)
AP - AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two Japanese life insurance units to Prudential Financial Inc. for about $4.2 billion in cash.
Next phase of Gulf spill damage assessment starts (AP)
AP - Federal and state government agencies and BP have entered a new and important phase in determining how much damage has been done to the ecosystem by the Gulf of Mexico oil spill.
China says U.S. yuan bill could harm ties (Reuters)
Reuters - China on Thursday warned that a House of Represenatives bill to penalize it for not letting the yuan rise faster could seriously affect bilateral ties.
Unemployment rates in Northeastern metro areas (AP)
AP - Unemployment rates in Northeastern metro areas
Wal-Mart names new CFO as Schoewe plans to leave (AP)
AP - Wal-Mart Stores Inc. Chief Financial Officer Tom Schoewe is retiring, the retailer announced Wednesday, and it has promoted Charles Holley to be his replacement.
Worthington 1Q profit more than triples (AP)
AP - Metal manufacturer Worthington Industries Inc. said Wednesday that its fiscal first-quarter profit more than tripled with growth in its steel processing and pressure cylinders businesses.
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