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October 2nd, 2014
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Archive: (83 Stories)

Ongoing fighting in Iraq's Anbar hits businesses

05/12/2014 1:11am
Fighting in Iraq's western Anbar province, now in its fifth month, appears to have bogged down, with government forces unable to drive out Islamic militants who took over one of the area's main cities. But the impact is being felt much further, with the repercussions rippling through the country's economy to hit consumers and businesses.

Rep. Rogers wants to move radio needle to moderate

05/12/2014 1:20am
Rep. Mike Rogers wants to be a "productive conservative" on the radio dial who fosters "smart debate" during the daily show he will host after leaving Congress in January.

Health law gives pregnant women new options

05/12/2014 1:31am
The health care law has opened up an unusual opportunity for some mothers-to-be to save on medical bills for childbirth.

Talk of Hillary campaign forces out old issues

05/12/2014 1:40am
For Hillary Rodham Clinton, the last few months might be comparable to a spring cleaning: An airing of her political past before she sets the course for her much speculated-about future.

Fed govt failed to inspect higher risk oil wells

05/12/2014 2:10am
The government has failed to inspect thousands of oil and gas wells it considers potentially high risks for water contamination and other environmental damage, congressional investigators say.

Nissan profit rises as sales outpace industry

05/12/2014 3:21am
Nissan's quarterly profit edged up nearly 5 percent as sales grew around the world and a favorable exchange rate helped earnings.

German labor official urges speedy minimum wage

05/12/2014 3:50am
Germany's new top labor official says he will push to have the country introduce a national minimum wage quicker than planned and work to make union membership more attractive to young people.

Oil and gas lab coming to Terrebonne school

05/12/2014 4:20am
Terrebonne Career and Technical High School students interested in learning the basics of oil and gas production will have the opportunity to do so next fall through a new integrated production lab.

China police arrest 60 in environmental protest

05/12/2014 4:40am
Police said Monday they detained 60 people following a protest over plans to build a waste incinerator in a city in eastern China, where neighbors expressed skepticism about official pledges to seek public approval before proceeding.

Schumer pushing student loan debt refinancing

05/12/2014 6:00am
Sen. Charles Schumer is pushing a plan in the Senate that would allow undergraduate borrowers with outstanding student loan debt to refinance at today's lower rates.

List of brands of Hillshire Brands, Pinnacle Foods

05/12/2014 6:21am
Hillshire Brands Co. is buying Pinnacle Foods Inc. in a cash and stock deal valued at about $4.23 billion. The companies put the transaction's total value at approximately $6.6 billion, which includes Pinnacle's outstanding debt.

Godzilla proves even giant monsters need lawyers

05/12/2014 6:51am
He spews radioactive fire, razes cities and pummels creatures from Earth and beyond, but even Godzilla needs a good lawyer sometimes. After all, you don't survive 60 years in the movie business without taking some fights to court.

Here is the latest Idaho news from The Associated Press

05/12/2014 7:01am
The Mormon church is moving 67 missionaries out of Ukraine due to continuing unrest there. The Church of Jesus Christ of Latter-day Saints says the missionaries will be reassigned to missions within their home countries to complete the remainder of their service.

Cambodia's Caltex gas station workers on strike

05/12/2014 7:20am
Workers at U.S.-owned Caltex gas stations in Cambodia went on strike Monday to demand higher wages and better working conditions.

Here is the latest Nevada news from The Associated Press

05/12/2014 7:31am
A Las Vegas Strip hotel security guard is due in court Wednesday on charges that he sexually assaulted two women he escorted to their rooms. Prosecutors say both women Jerry Johnson is accused of sexually assaulting at the Wyndham were intoxicated. They say DNA evidence links him to both cases.

European court orders Turkey to pay 90 million euros over 1974 Cyprus military operation

05/12/2014 7:41am
European court orders Turkey to pay 90 million euros over 1974 Cyprus military operation.

BSkyB in talks to combine Fox European assets

05/12/2014 7:42am
BSkyB, the London-headquartered satellite broadcaster, confirmed Monday that it is in early talks with 21st Century Fox to buy its pay television assets in Italy and Germany.

US indexes at all-time highs; Pinnacle Foods soars

05/12/2014 7:51am
Stocks are opening higher on Wall Street, sending major indexes to their latest all-time highs.

Analysis: Hospital deal rejection threatens budget

05/12/2014 8:11am
On paper, the federal rejection of financing plans for Gov. Bobby Jindal's LSU hospital privatization deals looks like it has all the makings of a fiscal calamity for the state.

Economist: Bounce back not as strong as expected

05/12/2014 8:11am
A University of Rhode Island professor says his monthly analysis of the economy showed no overall improvement in March.

AP PHOTOS: Miners' hard life now tinged with fear

05/12/2014 8:20am
They sweat through 28-hour shifts in the malarial jungle of the Madre de Dios region of southeastern Peru, braving the perils of collapsing earth and limb-crushing machinery to come up with a few grams of gold.

Snake River fall chinook salmon make comeback

05/12/2014 8:21am
The Snake River's fall chinook salmon are making a comeback.

Shire buying liver disease drug maker for $260M

05/12/2014 8:40am
Irish drugmaker Shire said Monday it will buy privately-held Lumena Pharmaceuticals for more than $260 million in a deal that gives Shire new experimental treatments for liver diseases.

Open

05/12/2014 8:51am
Early trading on the Chicago Board of Trade Mon.:

Allergan board turns down Valeant takeover offer

05/12/2014 9:10am
Botox maker Allergan formally rejected on Monday a takeover bid from Valeant Pharmaceuticals, saying that the unsolicited offer worth nearly $46 billion undervalues the company and poses a significant risk to its growth prospects.

Lower bad loans shore up Unicredit in Q1

05/12/2014 9:30am
Italy's largest bank, Unicredit, says lower bad loan provisions helped its net profit rise by 58 percent in the first quarter, in a further sign that the country's economy is stabilizing following years of crisis.

Pfizer underscores UK commitments in memo

05/12/2014 9:40am
Pfizer Inc. has sought to allay concerns over its proposed $106 billion takeover offer of Anglo-Swedish pharmaceuticals firm AstraZeneca, insisting that its promises will be legally binding.

Livestock feed company plans Hagerstown, Md., jobs

05/12/2014 10:01am
A livestock feed producer says it expects to create about 20 jobs within two years at its new distribution center in Hagerstown.

Mine workers union backs coal dust rule

05/12/2014 10:11am
The United Mine Workers of America is giving "qualified support" to the Obama administration's new rule aimed at cutting the amount of coal dust in coal mines.

Education board taking up nursing center plan

05/12/2014 10:11am
The Rhode Island Board of Education is expected to consider draft legislation that advances plans for a nursing education center on the edge of downtown Providence.

STOCKS IN THE SPOTLIGHT

05/12/2014 10:21am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.

Israeli arrested on US request over Iran trade

05/12/2014 10:41am
An Israeli man was arrested while trying to depart the country on Monday following a request by the U.S. that he be held for alleged illegal weapons trading with Iran, Israel's justice ministry said.

Overtreating Medicare patients may costs billions

05/12/2014 11:01am
A new study suggests that in a single year, up to 42 percent of Medicare patients got at least one medical procedure they didn't need — overtreatment that cost as much as $8 billion.

Chrysler reports $690 million first quarter loss

05/12/2014 11:21am
Chrysler Group saw big sales gains in the first quarter thanks to the new Jeep Cherokee and Ram pickup, but it lost money because of charges related to its merger with Italian automaker Fiat SpA.

Organizations aim to train immigrant entrepreneurs

05/12/2014 11:31am
After immigrating to Oregon from the Mexican state of Oaxaca more than two decades ago, Paula Asuncion worked on farms and in minimum wage jobs at fast-food restaurants — a widow struggling to feed six children, sharing cramped apartments with other families.

IMF head withdraws from Smith College commencement

05/12/2014 11:31am
The managing director of the International Monetary Fund has withdrawn as Smith College's commencement speaker after faculty and students protests.

Frozen food group goes on offense as sales lag

05/12/2014 11:41am
Frozen food makers plan to launch their first national TV ad in defense of their products on Tuesday as the category fights to boost slipping sales.

Apple CEO dares to be different from Steve Jobs

05/12/2014 12:01pm
"Think different" became Apple's creed during the late Steve Jobs' reign as CEO. Now, chief executive Tim Cook is embracing the idea while making decisions that would have seemed crazy to his fabled predecessor.

US on track for narrowest budget gap since 2008

05/12/2014 12:31pm
The U.S. government ran a big surplus in April, thanks to a flood of tax payments that helped keep the budget on track for the lowest annual deficit in six years.

A look at water-saving measures across the West

05/12/2014 12:40pm
Cities across the West have mandated water restrictions or asked residents to voluntarily cut back on water use to avoid shortages. Some restrictions take effect automatically each year, while others depend on the forecast and the amount of precipitation the region has received. Much of the West is in some stage of drought, ranging from abnormal to exceptional.

White House cautions about infrastructure inaction

05/12/2014 12:41pm
The Obama administration warned Congress Monday that a key federal government fund used to pay for the nation's roads, bridges and ports is running dry and that the economy would be damaged if it is not replenished.

UNLV class helps students patent casino game ideas

05/12/2014 1:01pm
What started off in a college course at the University of Nevada, Las Vegas could soon be the next big thing on the casino floor.

Hillshire looks beyond meat with Birds Eye, Vlasic

05/12/2014 1:12pm
Hillshire Brands is pushing further outside the deli case with a deal to buy the maker of Birds Eye frozen vegetables, Duncan Hines cake mixes and Hungry-Man frozen dinners.

Budget plan extends private school choice program

05/12/2014 1:30pm
A one-year extension of South Carolina's first private school tuition program appears to be coasting through the budget process.

Crude rises

05/12/2014 1:31pm
Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 60 cents -- closing at $100.59 a barrel.

Dollar mixed

05/12/2014 1:31pm
The U.S. dollar is mixed against other North American currencies in New York trading.

Gold, silver rise

05/12/2014 1:31pm
The May gold contract on the New York Mercantile Exchange closed today at $1295.60 an ounce -- up $8.30.

IMF head withdraws from Smith College commencement

05/12/2014 1:31pm
The managing director of the International Monetary Fund backed out of giving this year's commencement address at Smith College in the wake of protests from faculty and students, the school announced Monday.

Italian factory makes bad mozzarella, 13 arrests

05/12/2014 1:51pm
Police in Italy have shut down a mozzarella factory and arrested 13 people after finding that prized local buffalo milk was being cut with cheaper imported cow milk.

Grain mostly lower, beef mixed and pork lower

05/12/2014 2:00pm
Grain futures were mostly lower Monday on the Chicago Board of Trade.

Grain mostly lower, beef mixed and pork lower

05/12/2014 2:01pm
Grain futures were mostly lower Monday on the Chicago Board of Trade.

The doctor will see you now via webcam, smartphone

05/12/2014 2:01pm
Mark Matulaitis holds out his arms so the Parkinson's specialist can check his tremors. But this is no doctor's office: Matulaitis sits in his rural home as a neurologist a few hundred miles (kilometers) away examines him via the camera in his laptop.

Regulators win civil case vs. Texas entrepreneurs

05/12/2014 2:10pm
Two Texas brothers acted fraudulently by trying to hide assets they controlled in four public companies that were sold for billions of dollars, a jury determined Monday in a civil trial.

NYC area airport workers vote to join union

05/12/2014 2:21pm
Several thousand contract workers employed at the New York City area's major airports voted Monday to join a union after campaigning for better pay and benefits.

Rates mixed at weekly US Treasury bill auction

05/12/2014 2:21pm
Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills unchanged and rates on six-month bills rising to the highest level since late March.

2nd guilty plea in $100M New York Ponzi scam

05/12/2014 3:01pm
A second New York businessman pleaded guilty for his role in a $100 million Ponzi scheme that helped fund what prosecutors called a failing Hamptons resort.

Critical pension deal put before Detroit employees

05/12/2014 3:02pm
The historic restructuring of Detroit through bankruptcy court is taking a crucial step by putting a key agreement before some of those most affected: roughly 30,000 retirees and city employees.

UK company to track planes after Malaysian loss

05/12/2014 3:11pm
Inmarsat Plc, a provider of global mobile satellite communications services, said it will offer free basic tracking services for planes flying over oceans in the hope of preventing another incident such as the loss of Malaysia Airlines Flight 370.

NY sets $350M minimum for Orange County casino

05/12/2014 3:31pm
Developers proposing to build a casino in Orange or Dutchess counties must commit to investing at least $350 million in the project, the panel overseeing the licensing process announced Monday.

Markets-At-A-Glance

05/12/2014 3:31pm
A snapshot of major stock and commodities market indicators Monday:

Stock market touches another record

05/12/2014 3:41pm
The stock market returned to record levels on Monday as investors regained their appetite for riskier stocks.

Nasdaq SUMMARY

05/12/2014 3:41pm
Most active Nasdaq issues.

4 defendants back together in Blackwater case

05/12/2014 4:00pm
A judge is placing four former Blackwater Worldwide guards together in a trial that is scheduled to begin on June 11 in the killings of 14 Iraqi civilians and the injuring of at least 18 others in Baghdad.

GOP senator threatens Fed picks over transparency

05/12/2014 4:11pm
Sen. Rand Paul made his latest threat Monday to delay nominations, this time President Barack Obama's picks for vacancies on the Federal Reserve Board.

Geithner's memoir blasts Kirk's comments in China

05/12/2014 4:20pm
In his new memoir out Monday, former U.S. Treasury Secretary Timothy Geithner blasts U.S. Sen. Mark Kirk of Illinois for "delusional" comments he allegedly made to Chinese officials about U.S. debt while a congressman in 2009.

NY Senate debating public ban on e-cigarettes

05/12/2014 4:20pm
State lawmakers are considering whether to include electronic cigarettes in the state's indoor public smoking ban.

Illinois income tax increase vote still looming

05/12/2014 4:30pm
Illinois lawmakers are expected to take on other issues this week while a vote on an income tax increase looms.

Hospital workers exposed to MERS to return to work

05/12/2014 4:31pm
Workers at a northwest Indiana hospital placed on home isolation after coming in contact with a man diagnosed with a mysterious virus from the Middle East have begun returning to work, the hospital's chief medical information officer said.

Texas lawmakers tour embattled Sriracha plant

05/12/2014 4:50pm
The maker of the popular hot sauce Sriracha said Monday that he has no plans to move his contested plant out of California but would consider expanding into Texas if the Lone Star State can produce peppers as hot as the ones grown especially for him in Southern California.

Virgin America gets 2 gates at Dallas airport

05/12/2014 4:50pm
With help from Washington, Virgin America is getting two airport gates at Dallas Love Field.

Vantiv will buy Mercury Payment Systems for $1.65B

05/12/2014 5:11pm
Payment processor Vantiv said Monday that it will spend $1.65 billion to buy Mercury Payment Systems, which helps retailers process credit, debit and check payments.

FCC revising Internet rules after public backlash

05/12/2014 5:20pm
Federal Communications Commission Chairman Tom Wheeler is broadening the scope of his proposed open Internet rules and suggesting tougher standards for Internet providers who wish to create paid priority fast lanes on their networks.

Study: ND oil worker death rate 6 times US average

05/12/2014 5:20pm
North Dakota has the country's highest death rate for workers in the oil, gas and mining sector, at more than six times the national average, and an even higher rate among construction workers, according to a new report from the nation's largest labor union.

Budget plan extends private school choice program

05/12/2014 5:21pm
A one-year extension of South Carolina's first private school tuition program appears to be coasting through the budget process this election year after a decade of GOP infighting.

Energy savings bill fails amid election politics

05/12/2014 5:50pm
A widely popular, bipartisan energy savings bill fell victim in the Senate on Monday to election-year politics and the Obama administration's continued indecision on the Keystone XL oil pipeline.

Lack of charges in sacred site damage upsets some

05/12/2014 5:50pm
Watchdogs said Monday that they're outraged prosecutors filed no charges against National Park Service officials responsible for $3 million in illegal projects that damaged a sacred American Indian burial ground.

Bankrupt Stockton says final creditor won't budge

05/12/2014 6:20pm
An attorney for the largest city in California to seek bankruptcy protection told a judge Monday that he has tried to reach a deal with Stockton's last major creditor, but the company is not budging.

Porsche sued over crash that killed Paul Walker

05/12/2014 6:30pm
The widow of the man who was driving a Porsche sports car that crashed and killed actor Paul Walker sued the automaker on Monday, claiming design flaws caused both men to die in a fiery crash in November.

Education board OKs terms of nursing center lease

05/12/2014 6:50pm
The Rhode Island Board of Education on Monday endorsed legislation outlining the terms of a lease for a nursing education facility that is the centerpiece of a major proposed redevelopment project on the edge of downtown Providence.

Feds charge Qualcomm managers with insider trading

05/12/2014 7:30pm
Two former Qualcomm Inc. managers were criminally charged with insider trading for allegedly buying shares of a semiconductor maker before Qualcomm announced an agreement to buy the company.

Mexico's Cemex says CEO Zambrano died in Madrid

05/12/2014 8:00pm
Lorenzo Zambrano, who transformed Cemex SA de Mexico from a regional cement producer into a global player, died Tuesday in Spain, the company said.

Charges brought in Quebec railway disaster

05/12/2014 9:00pm
Three employees and the railway company involved in last summer's massive explosion of a runaway oil train that incinerated much of a small town in Quebec, killing 47 people, will face criminal negligence charges, provincial prosecutors announced late Monday.

Small business owners still cautious, surveys find

05/12/2014 10:20pm
Small business owners are keeping a cautious approach to running their companies even as they grow more optimistic.
 
   
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