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Budget deficit sets record in February (AP)
AP - The government ran up the largest monthly deficit in history in February, keeping the flood of red ink on track to top last year's record for the full year.
Today's Top Business Headlines
- Talks between BA, cabin crew reach no agreement (AP) AP - Talks between British Airways and a cabin crew union aimed at averting a strike have broken down with no agreement, the airline said Wednesday, again raising the possibility of a walkout by thousands of employees.
- CDC uses shopper-card data to trace salmonella (AP) AP - As they scrambled recently to trace the source of a salmonella outbreak that has sickened hundreds around the country, investigators from the Centers for Disease Control and Prevention successfully used a new tool for the first time — the shopper cards that millions of Americans swipe every time they buy groceries.
- Unemployment rate rises in 30 states (AP) AP - Unemployment rose in 30 states in January, the Labor Department said Wednesday, evidence that jobs remain scarce in most regions of the country.
- Senate to pass jobless aid, business tax breaks (AP) AP - The Senate voted Wednesday to extend a host of soon-to-expire elements of last year's economic stimulus measure, including help for the jobless and money to help financially strapped states pay for health care for the poor.
- Wholesale inventories fall while sales increase (AP) AP - Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves.
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