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Archive: News / Biz / Business & Finance (13 Stories)

Macau casino revenue in 2012 rose to $38 billion

01/02/2013 4:16am
Casino revenue in Macau climbed 13.5 percent last year to a record $38 billion, as the Asian gambling hub reinforced its position as the world's biggest gambling market.

Despite deal, taxes to rise for most Americans

01/02/2013 5:49am
While the tax package that Congress passed New Year's Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013.

Dubai opens Airbus A380 concourse

01/02/2013 5:55am
Dubai Airports says it has opened the world's first concourse entirely dedicated to the Airbus A380, with an Emirates airlines flight making the maiden voyage to London's Heathrow Airport.

News Summary: Macau casino revenue to $38B n 2012

01/02/2013 10:09am
DOUBLING DOWN: Casino revenue in Macau climbed 13.5 percent last year to a record $38 billion in the world's biggest gambling market. Gambling revenue growth eased off in 2012 from the year before, when it rocketed 42 percent.

Philippine port operator pulls out of Syria

01/02/2013 10:30am
A Philippine container port operator has decided to pull out of Syria and withdrew all its Filipino workers from a key port due to increasing dangers from the country's civil war, company officials said Wednesday.

US still faces political fights on spending, debt

01/02/2013 10:53am
A last-minute deal will keep the U.S. from driving off the so-called "fiscal cliff," but higher taxes and continued political fighting in Washington threaten to shake the fragile economy well into 2013.

2013 auto sales will be strong, firm predicts

01/02/2013 11:52am
A healthier economy and more model introductions should push U.S. auto sales above the 15 million mark this year, predicts an auto industry research firm.

News Summary: Avis buying Zipcar for nearly $500M

01/02/2013 12:56pm
SOMETHING BORROWED: Avis is leaping into the car-sharing service business by buying Zipcar for $491.2 million, aiming to capture a new type of customer and technology that will vastly expand its car rental options.

A look at Wendy's new value menu

01/02/2013 1:54pm
Wendy's is revamping its value menu, with the new "Right Price Right Size" menu offering 18 items ranging from 99 cents to $1.99. Previously, the value menu had nine items all priced at 99 cents. Here's a look at the new and old menus.

Moody's, S&P urge Congress to focus on US deficit

01/02/2013 3:57pm
The nation's two largest credit rating agencies urged Congress on Wednesday to go beyond its deal and come up with a plan to shrink the budget deficit.

Avis buying Zipcar in deal worth nearly $500M

01/02/2013 4:20pm
Avis is leaping into the car-sharing service business by buying Zipcar for $491.2 million, aiming to capture a new type of customer and technology that will vastly expand its car rental options.

MidAmerican to buy 2 Calif. Solar power projects

01/02/2013 4:31pm
MidAmerican Energy is buying two solar power projects under construction in Southern California from SunPower Corp. that will generate 579 megawatts of electricity.

Starbucks to roll out $1 reusable cups

01/02/2013 4:55pm
Starbucks Corp. is rolling out a $1 reusable plastic cup at its cafes starting Thursday.
 
   
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