<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><atom:link href="http://cbs5.com/business/resources_rss.xml" rel="self" type="application/rss+xml"/><title>CBS 5  - San Francisco Bay Area's source for news, weather, traffic and sports</title><link>http://cbs5.com/business</link><description><![CDATA[CBS 5  - San Francisco Bay Area's source for news, weather, traffic and sports]]></description><language>en-US</language><copyright><![CDATA[(c)  MMIX, CBS Broadcasting Inc. All Rights Reserved.]]></copyright><pubDate>Sat, 07 Nov 2009 17:23:42 GMT</pubDate><ttl>5</ttl><item><title><![CDATA[More Banks Shut Nationwide, Bringing Total To 120]]></title><guid>http://cbs5.com/business/bank.failure.fdic.2.1298120.html</guid><link>http://cbs5.com/business/bank.failure.fdic.2.1298120.html</link><description><![CDATA[Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans. The Federal Deposit Insurance Corp. took over United Commercial Bank in San Francisco, with $11.2 billion in assets and $7.5 billion in deposits. East West Bancorp Inc., parent company of East West Bank based in Pasadena, Calif., is buying all of the deposits and most of the failed bank's assets.
]]></description><pubDate>Sat, 07 Nov 2009 15:54:07 GMT</pubDate></item><item><title><![CDATA[New Scams Center On H1N1, Fake IRS Emails]]></title><guid>http://cbs5.com/business/top.4.scams.2.1297693.html</guid><link>http://cbs5.com/business/top.4.scams.2.1297693.html</link><description><![CDATA[Lately people have been worried about H1N1 flu and when scam artists see that worry, they also see an opportunity to get your cash. One of the latest scams is centered around H1N1, but there are also other ways scam artists are targeting the public, CBS station KDKA-TV reports.<br />
]]></description><pubDate>Sat, 07 Nov 2009 02:38:38 GMT</pubDate></item><item><title><![CDATA[Jobless Rate Tops 10 Pct. For First Time Since '83]]></title><guid>http://cbs5.com/business/jobless.rate.10.2.1295985.html</guid><link>http://cbs5.com/business/jobless.rate.10.2.1295985.html</link><description><![CDATA[The unemployment rate has surpassed 10 percent for the first time since 1983 &#151; and is likely to go higher. Nearly
16 million people can't find jobs even though the worst recession since
the Great Depression has apparently ended. The Labor Department said
Friday that the economy shed a net total of 190,000 jobs in October,
less than the downwardly revised 219,000 lost in September. August job
losses were also revised lower, to 154,000 from 201,000.<br />
]]></description><pubDate>Sat, 07 Nov 2009 03:01:19 GMT</pubDate></item><item><title><![CDATA[Newsom Gets Involved In SF Hotel Strike]]></title><guid>http://cbs5.com/business/grand.hyatt.strike.2.1297564.html</guid><link>http://cbs5.com/business/grand.hyatt.strike.2.1297564.html</link><description><![CDATA[Hotel workers in San Francisco continued to picket outside the Grand Hyatt hotel in Union Square Friday as part of a three-day strike after months of contract negotiations with hotel management failed to produce agreements. Mayor Gavin Newsom also is now getting involved in the negotiations. 
]]></description><pubDate>Sat, 07 Nov 2009 00:51:18 GMT</pubDate></item><item><title><![CDATA[Shell Oil To Pay CA $19.5M In Environmental Fines]]></title><guid>http://cbs5.com/business/shell.oil.fines.2.1297488.html</guid><link>http://cbs5.com/business/shell.oil.fines.2.1297488.html</link><description><![CDATA[Shell Oil Co. has been ordered to pay $19.5 million to the state for environmental violations at gas stations around California. The findings come after the Attorney General's Office launched an investigation in 2006 of 1,000 gas stations that found "numerous violations." Many dealt with failure to properly monitor underground storage tanks and spill alarm systems. 
]]></description><pubDate>Sat, 07 Nov 2009 00:05:15 GMT</pubDate></item><item><title><![CDATA[IRS Hunting Down Taxpayers -- For Refunds!]]></title><guid>http://cbs5.com/business/irs.tax.refunds.2.1297456.html</guid><link>http://cbs5.com/business/irs.tax.refunds.2.1297456.html</link><description><![CDATA[The IRS is trying to track down more than 100,000 lost taxpayers nationwide, and for once, these folks will want to be found, CBS station WCBS-TV reports. The IRS has more than 100,000 unclaimed refund checks, worth more than $120 million.
]]></description><pubDate>Fri, 06 Nov 2009 23:48:58 GMT</pubDate></item><item><title><![CDATA[Stocks Post Modest Gains As Job Losses Slow]]></title><guid>http://cbs5.com/business/stocks.market.dow.2.1296129.html</guid><link>http://cbs5.com/business/stocks.market.dow.2.1296129.html</link><description><![CDATA[\Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher. News that the nation's unemployment rate rose above 10 percent last month for the first time in 26 years didn't derail the stock market's strong gains in the week, which lifted major indexes more than 3 percent.
]]></description><pubDate>Fri, 06 Nov 2009 22:38:59 GMT</pubDate></item><item><title><![CDATA[Consumer Borrowing Falls $14.8B In September]]></title><guid>http://cbs5.com/business/consumer.borrowing.sinks.2.1296881.html</guid><link>http://cbs5.com/business/consumer.borrowing.sinks.2.1296881.html</link><description><![CDATA[Consumers borrowed less for a record eighth straight month in September
amid rising unemployment and tight credit conditions. Economists worry
the declines in borrowing will drag on the fledgling recovery. The Federal Reserve says borrowing fell at an annual rate of $14.8
billion in September. That's the biggest decline since July and is
larger than the $10 billion drop economists expected.<br />
]]></description><pubDate>Fri, 06 Nov 2009 21:06:04 GMT</pubDate></item><item><title><![CDATA[Obama 'Won't Rest' Until America Prosperous Again]]></title><guid>http://cbs5.com/business/obama.jobs.homes.2.1295866.html</guid><link>http://cbs5.com/business/obama.jobs.homes.2.1295866.html</link><description><![CDATA[President Obama said new figures released Friday showing
national unemployment has hit the double-digit mark are a sobering
reminder of the challenges still facing the U.S. economy. "I will not rest until all Americans who want work can,"he said during a news conference Friday at the White House.<br />
]]></description><pubDate>Fri, 06 Nov 2009 17:35:38 GMT</pubDate></item><item><title><![CDATA[EBay Settles Suit With Skype Founders]]></title><guid>http://cbs5.com/business/ebay.skype.lawsuit.2.1296552.html</guid><link>http://cbs5.com/business/ebay.skype.lawsuit.2.1296552.html</link><description><![CDATA[EBay Inc. says a group of investors who are buying the majority of its telecommunications service, Skype, agreed to settle a legal skirmish with Skype's founders. 
]]></description><pubDate>Fri, 06 Nov 2009 18:35:24 GMT</pubDate></item></channel></rss>