Apple blames iPhone reception woes on indicator

Date: Fri, Jul 2, 2010 at 12:00 PM

APPLE BLAMES iPHONE RECEPTION WOES ON INDICATOR
Apple explains to iPhone 4 owners how it means to address some of the widely reported signal reception issues with the high-end handset that went on sale last week. 

MODEST PRIVATE JOB HIRING IN JUNE
The unemployment report wasn't as grim as it might have been, but it still showed an economy struggling to find firm footing; total nonfarm payroll employment fell by 125,000 as the number of temporary census workers dropped by 225,000. 

JOBS REPORT PROMPTS NEW POLITICAL SPARRING
A fresh round of political sparring breaks out following the release of a disappointing jobs report, with Republicans attacking the White House, but President Obama insisting the country's heading in the right direction. 

EXPIRED BENEFITS LEAVE JOB-SEEKERS IN TOUGH BIND
With the loss of her unemployment insurance benefits, Deborah Brown is worried about keeping on the electricity in her double-wide mobile home. 

PRICE WAR, IPAD RESHAPE YOUNG E-BOOK MARKET
The e-book market created by the Amazon.com Kindle just a few years ago already is undergoing a shakeup – and it soon could see a shakeout. 

Breaking news: Jobless rate drops to 9.5% in Junea

Date: Fri, 02 Jul 2010 06:43:02 -0600

WASHINGTON (AP) -- The unemployment rate fell to 9.5 percent, its
lowest level in almost a year.

However, the Labor Department says employers cut 125,000 jobs last
month, the most since last October. The loss was driven by the end of
225,000 temporary census jobs. Businesses added 83,000 workers to
their payrolls, an improvement from May.

Markets, Thursday, 07/1/2010

Date: Thu, 1 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 9,732.53 down 41.49 | S & P : 1,027.37 down 3.34
|
| NASDAQ: 2,101.36 down 7.88 | Bond (10Y): 2.93% down 0.024
|---------------------------------------------------------------------------|

MARKETS:
Treasurys give up gains
Worse-than-expected manufacturing, housing and jobs numbers drove
investors to the safe-haven appeal of U.S. debt early in the morning,
but in the afternoon, demand diminished.

U.S. stocks crumple as economic worries persist

Date: Thu, 01 Jul 2010 12:00:54 -0400

U.S. STOCKS CRUMPLE AS ECONOMIC WORRIES PERSIST
U.S. stocks fall sharply on the third quarter's first day of trading,
weighed by concerns over an unexpected rise in jobless claims and
disappointing U.S. and Chinese manufacturing data.

TREASURYS RISE AFTER ISM, HOME-SALES REPORTS
Treasury prices rise after weak economic reports sour hopes of an
economic rebound and weigh on stocks, increasing the relative appeal
of U.S. debt.

MANUFACTURING GROWTH MODERATES IN JUNE
Despite its slight decline in June, the Institute for Supply
Management index remains at a high level historically.

JOBLESS CLAIMS CLIMB 13,000 TO 472,000
The number of people filing first-time claims for unemployment
benefits climbs 13,000 in the latest week to 472,000, indicating
continued weakness in the labor market.

PLANNED LAYOFFS FALL TO FEWEST IN A DECADE
Large U.S. employers reduced their planned layoffs in the first half
of 2010 to the slowest pace in a decade, according to the latest count
released by outplacement firm Challenger Gray & Christmas.

U.S. pending-home-sales gauge falls 30% in May

Date: Thu, 01 Jul 2010 10:03:00 -0400

U.S. pending-home-sales gauge falls 30% in May
07/01/2010 10:01:05 AM EDT

Manufacturing activity expands for the 11th straight month, says purchasing manager's group, but the index falls more than expected.

Date: Thu, 1 Jul 2010 10:13:03 -0400

Manufacturing activity expands for the 11th straight month, says
purchasing manager's group, but the index falls more than expected.

Number of people filing for first-time jobless benefits rises 13,000 to 472,000 in latest week, government says.

Date: Thu, 1 Jul 2010 08:33:05 -0400

Number of people filing for first-time jobless benefits rises 13,000
to 472,000 in latest week, government says.