AFP - A year-old program granting movie studios tax breaks for filming in California has saved jobs and should yield two billion dollars in direct spending, Governor Arnold Schwarzenegger said.
AFP - The US House of Representatives on Friday voted to overhaul offshore drilling safety rules and to protect whistleblowing workers in a sweeping response to the disastrous Gulf of Mexico oil spill.
AFP - President Barack Obama took to the wheel of a new electric car Friday on a Detroit-area tour of the revitalized auto industry, touting his economic policies but urging the need to do more.
AFP - US economic growth slowed dramatically to 2.4 percent in the second quarter of this year, the Commerce Department said Friday, stoking fears that the recovery is losing steam.
AFP - German industrial group Siemens said Friday that it has resumed full-time work schedules at German sites owing to a pick-up in demand, following the lead of the auto industry.
AFP - French oil giant Total said Friday its second quarter net profit jumped 72 percent to 2.96 billion euros (3.86 billion dollars), beating forecasts on the back of higher oil prices.





