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July 22nd, 2014
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Archive: (86 Stories)

Will that be a 6-bedroom suite or just a couch?

06/04/2014 1:10am
Private elevators, personal shopping assistants, six-bedroom suites with their own postal codes. Even helipads. This is what the super-rich have come to expect from hotels.

Japan Dai-ichi Life to buy insurer Protective Life

06/04/2014 1:20am
Japanese insurer Dai-ichi Life Insurance Co. is acquiring Protective Life Corp. of the U.S. for $5.7 billion.

Va. betting parlors closed to Triple Crown wagers

06/04/2014 3:53am
In the state where famed Triple Crown winner Secretariat was born, off-track betting parlors that would ordinarily be packed with gamblers watching California Chrome try to match Secretariat's feat Saturday will likely be closed or almost empty.

Ohio lawmakers push lower prices for chemo pills

06/04/2014 4:50am
The Ohio House has passed legislation that would keep insurance companies from charging significantly more for chemotherapy pills than for traditional intravenous treatments.

US: China tensions bad for Asia business

06/04/2014 5:20am
A senior U.S. official said Wednesday that Washington wants to expand economic ties with Asia, the world's fastest growing region, but warned that China's provocative conduct in the South China Sea raises tensions that are bad for business.

Top court rejects bail plea of Indian tycoon

06/04/2014 5:31am
India's Supreme Court Wednesday rejected an appeal by an Indian tycoon accused of a multibillion dollar fraud to be released from jail and allowed house arrest.

Will that be a 6-bedroom suite or just a couch?

06/04/2014 6:00am
Private elevators, personal shopping assistants, six-bedroom suites with their own postal codes. Even helipads. This is what the super-rich have come to expect from hotels.

Thai rice exporters say top ranking regained

06/04/2014 6:11am
Thailand's rice association says the country has regained its spot as the world's top rice exporter by volume, after sliding behind India and Vietnam last year due to a failed subsidy and stockpiling policy.

Illinois State considers 2.1 percent tuition rise

06/04/2014 6:31am
Illinois State University trustees are expected to consider a 2.1 percent tuition increase at a meeting on Friday.

US productivity dropped at 3.2 percent rate in first quarter while labor costs rose faster

06/04/2014 6:41am
US productivity dropped at 3.2 percent rate in first quarter while labor costs rose faster.

US productivity falls at 3.2 percent rate in 1Q

06/04/2014 7:01am
U.S. productivity fell even more than previously thought in the January-March period while labor costs rose at a faster pace.

US trade deficit at two-year high in April

06/04/2014 7:31am
The U.S. trade deficit jumped to a two-year high in April, as exports declined and imports surged to a record high.

URI given $18.8 million biomedical research grant

06/04/2014 7:41am
A biomedical research program at the University of Rhode Island has been awarded $18.8 million in federal funding to expand over the next five years.

Uninspiring economic reports send stocks lower

06/04/2014 8:01am
Stocks are opening lower on Wall Street as traders found little to like in the latest batch of reports on the U.S. economy.

US service sector expands in May, led by gains in new orders, sales and production

06/04/2014 8:11am
US service sector expands in May, led by gains in new orders, sales and production.

Dollar unchanged

06/04/2014 8:11am
The U.S. dollar is unchanged against other North American currencies in New York trading.

Pa. farms offer settings for locally grown food

06/04/2014 8:11am
Jacob Mains is going a different direction with the farm-to-table dinner concept.

How airlines make 'less than $6 per passenger'

06/04/2014 8:23am
Around $746 billion is expected to be spent this year on global air travel. But among the impressive figures, airlines are really taking note of: $5.42 That's the average profit made for each passenger they carry.

EU executive says Lithuania ready to join euro

06/04/2014 8:30am
Lithuania welcomed a preliminary decision Wednesday by the European Union to accept the Baltic country's application to adopt the joint currency.

Publisher Amy Einhorn joins new company

06/04/2014 8:41am
The publisher of Kathryn Stockett's "The Help" and other best-sellers is joining a new company.

Germans, now alongside Allies, honor D-Day victims

06/04/2014 8:51am
Paul Golz, one of a few German veterans who plans to attend this week's events marking the 70th anniversary of the D-Day invasion, saw his war end on the fields of Normandy, but thinks himself lucky that he was taken prisoner by Americans instead of being sent to fight on the eastern front.

US service firms grow at fastest pace since August

06/04/2014 9:12am
U.S. service firms grew more quickly last month as production, hiring and new orders increased, adding to signs that the economy is accelerating after dipping at the start of the year.

Wal-Mart to expand online savings tool nationwide

06/04/2014 10:02am
Wal-Mart Stores Inc. is upping the ante on price matching.

US stocks drift following weak hiring report

06/04/2014 10:11am
Stocks are fluctuating between small gains and losses after a payroll company said U.S. companies pulled back on hiring last month.

New Terminal 2 opens at London Heathrow Airport

06/04/2014 10:21am
The long awaited new Terminal 2 building has opened at London Heathrow Airport.

STOCKS IN THE SPOTLIGHT

06/04/2014 10:21am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.

Barclays, Goldman, Merrill fined $1 million each

06/04/2014 10:31am
The Financial Industry Regulatory Authority said Wednesday that it fined investment banks Barclays, Goldman Sachs and Merrill Lynch $1 million each for providing incomplete and inaccurate information about trades the companies conducted.

Senate advances bill on birth control insurance

06/04/2014 10:31am
A bill that would prevent employers from denying their workers reproductive health coverage under their insurance plans is slowly making its way through the Senate toward a vote.

Survey: US companies added 179,000 jobs in May

06/04/2014 10:31am
U.S. businesses pulled back on hiring in May, adding the fewest jobs in four months, a private survey showed.

GM to release attorney's recall report on Thursday

06/04/2014 10:41am
General Motors plans to release the results of an outside attorney's investigation into its mishandled recall of small cars on Thursday morning.

Rome airport wildcat strike grounds flights

06/04/2014 10:51am
Passengers at Rome's second airport are facing long lines and flight cancellations because of a wildcat strike by baggage handlers.

Mexico's Pemex: no loss on Repsol shares

06/04/2014 11:01am
Mexico's state-owned Pemex oil company said Wednesday it made some financial profit on its aborted alliance with Repsol, after selling a 7.86-percent stake in the Spanish company for about the price it paid for it three years ago.

Data discrepancies in health care signups affect 2 million people, could jeopardize coverage

06/04/2014 11:01am
Data discrepancies in health care signups affect 2 million people, could jeopardize coverage.

Sam's Club to offer credit card with microchip

06/04/2014 11:11am
Sam's Club on Wednesday said it will become the first mass retailer in the U.S. to offer a credit card using a fraud-deterring microchip.

House GOP conflicted on health law alternative

06/04/2014 11:22am
House Republicans are united as ever in their election-year opposition to "Obamacare," but they're increasingly divided over their promise to vote this year on an alternative to it.

Liberty Lake call center closing

06/04/2014 11:41am
A Utah company that once planned to create 400 call-center jobs in Spokane County is closing down its Liberty Lake office.

How Gen Y is changing the world

06/04/2014 11:42am
A major demographic shift is underway in the U.S. with Gen Y—also commonly referred to as millennials—occupying a larger share of adults and the workforce. What does this mean for employers?

Top SC runner allergic to his own sweat

06/04/2014 12:41pm
Michael Banks is the most talented runner living and racing in South Carolina now and is making a strong case for being among the most elite resident runners ever.

The doctor will see you now. So will the scribe.

06/04/2014 12:41pm
When Ron Meyer visits his doctor, there's always a third person in the room.

Gift Guide: Wood-themed tech gifts for Dad

06/04/2014 12:41pm
Dads try to stay handsome, and their technology should, too.

Michigan, 43 states settle with GlaxoSmithKline

06/04/2014 12:41pm
A multinational drugmaker is paying Michigan, 43 other states and the District of Columbia $105 million to settle complaints that the company unlawfully marketed three drugs.

Criticism affects Hawaii schools chief's contract

06/04/2014 12:41pm
The superintendent of Hawaii's public school system will likely keep her job for another three years. But before her contract is finalized, the state Board of Education wants Kathryn Matayoshi to address criticism raised by principals.

Robin Roberts to receive 2014 Cronkite Award

06/04/2014 1:04pm
"Good Morning America" co-host Robin Roberts will receive the 2014 Walter Cronkite Award for Excellence in Journalism from Arizona State University's Cronkite School.

Close

06/04/2014 1:21pm
Futures trading on the Chicago Board of Trade Wed.:

Court limits judge's say over $285M Citigroup deal

06/04/2014 1:42pm
A judge overstepped his authority when he blocked a $285 million settlement between Citigroup Inc. and government regulators over toxic mortgage securities, a federal appeals court panel said Wednesday.

Kentucky plant emblematic of move from coal to gas

06/04/2014 1:53pm
In the shadow of Paradise Fossil Plant's aging smokestacks, where white steam and carbon dioxide rise into the sky, outdated coal-fired generators are being replaced with one that runs on natural gas.

Company donates $2B in software to Va. colleges

06/04/2014 2:01pm
Electronics and engineering company Siemens Corp. is donating software worth more than $2 billion to seven Virginia universities and community colleges.

Grain mostly higher, livestock mixed

06/04/2014 2:01pm
Grain futures were mostly higher Wednesday on the Chicago Board of Trade.

Grain mostly higher, livestock mixed

06/04/2014 2:01pm
Grain futures were mostly higher Wednesday on the Chicago Board of Trade.

State court considers restoring NYC big-soda ban

06/04/2014 2:11pm
New York City officials urged the state's top court on Wednesday to reinstate the city's ban on big sodas, arguing that the local Board of Health has authority to restrict products that make people obese and contribute to disease.

Israel doctors won't force-feed Palestinians

06/04/2014 2:31pm
Proposed legislation to permit the force-feeding of Palestinian prisoners on hunger strike is pitting Israel's government against much of the country's medical community, including the main doctors' association which contends the practice amounts to torture.

Southern Wine & Spirits of Nevada and Maisons Marques & Domaines USA Win Unprecedented $5.4 Million Judgment Against Gray Market

06/04/2014 2:31pm
a division of Southern Wine & Spirits of America, Inc. (Southern), the nation’s leading wine and spirits distributor — and Maisons Marques & Domaines USA Inc. (MM&D) — the U.S. sales and marketing arm for Champagne Louis Roederer and its California winery, Roederer Estate — recently achieved a substantial additional legal victory related to their fight against luxury product gray marketing in Nevada. In addition to MM&D’s $2.1 million Nevada jury award from last June punishing the illegal distribution of wine and champagne, a new court order requires the defendants to pay MM&D and Southern approximately $3 million in attorney’s fees and court costs. On June 2, 2014, the trial court entered final judgment in the case in the amount of $5,463,071.21 for favor of both plaintiffs.

State court considers restoring NYC big-soda ban

06/04/2014 2:41pm
New York City officials urged the state's top court on Wednesday to reinstate the city's ban on big sodas, arguing that the local Board of Health has authority to restrict products that make people obese and contribute to disease.

Newspaper co-owner remembered as serious, impish

06/04/2014 2:41pm
Lewis Katz was a savvy businessman and philanthropist. He was also mischievous, spontaneous and full of boyish fun.

Fed survey: Economy showing improvement across US

06/04/2014 2:41pm
A Federal Reserve survey shows the U.S. economy strengthening over the past two months in areas from manufacturing and construction to retail sales and bank lending.

Vegas Sands updates investors at annual meeting

06/04/2014 3:01pm
Officials with high-flying Las Vegas Sands Corp. raved about last year's financial results and were giddy about potential expansion in Asia during an annual shareholder meeting Wednesday.

BLM: No cleanup of oil deposits in Utah monument

06/04/2014 3:01pm
An oil leak discovered earlier this year in a rural area of the Grand Staircase-Escalante National Monument in southern Utah is actually three spills that officials say could cause more damage if they try to clean it up.

Co-founder of Burt's Bees says he was ousted

06/04/2014 3:10pm
Conventional wisdom suggests the Burt behind Burt's Bees left the company after he became disillusioned with the corporate world in North Carolina and wanted to return to his solitary life in Maine.

UAW names Dennis Williams as new president

06/04/2014 3:21pm
Delegates to the United Auto Workers convention have elected Dennis Williams as the union's new president.

Markets-At-A-Glance

06/04/2014 3:31pm
A snapshot of major stock and commodities market indicators Wednesday:

Nasdaq SUMMARY

06/04/2014 3:31pm
Most active Nasdaq issues.

Europe's central bank weighs anti-deflation steps

06/04/2014 3:51pm
The European Central Bank is all but certain Thursday to cut interest rates to try to boost ultra-low inflation and strengthen the wobbly recovery in the 18 countries that use the euro.

JK Rowling tweet tweaks Amazon in contract dispute

06/04/2014 3:51pm
J.K. Rowling added a subtle comment under her pen name Robert Galbraith on Wednesday about the standoff between her publisher and Amazon.com.

Gov. Herbert has concerns about new pollution cuts

06/04/2014 3:51pm
Utah Gov. Gary Herbert said Wednesday that President Barack Obama's new plan to cut pollution discharged by America's power plants will likely raise electricity rates for consumers and cost the state jobs.

Now application 'inconsistencies' vex health law

06/04/2014 4:11pm
A huge new paperwork headache for the government could also be jeopardizing coverage for some of the millions of people who just got health insurance under President Barack Obama's law.

Alaska village sues feds to open road in refuge

06/04/2014 4:31pm
An Alaska village sued the U.S. Interior Department on Wednesday after it rejected a road through a national wildlife refuge that could improve access to emergency flights at a nearby all-weather airport.

Godzilla's owners, brewery, settle case over beer

06/04/2014 4:40pm
A New Orleans brewery has agreed to change the name of one of its beers after it was sued by the company that owns the rights to the movie monster Godzilla.

Stock offering makes 49ers star think like CEO

06/04/2014 4:43pm
Now that he has a stock tied to his football career, San Francisco 49ers tight end Vernon Davis is thinking more like a CEO looking out for his shareholders' interests, as well as for himself.

GlaxoSmithKline agrees to $105 million settlement

06/04/2014 4:51pm
GlaxoSmithKline PLC will pay $105 million to dozens of states to settle allegations that it unlawfully marketed its asthma drug Advair and the antidepressants Paxil and Wellbutrin.

Free Wi-Fi launched at Atlanta airport

06/04/2014 4:51pm
Travelers, after years of complaints, will have access to a free wireless Internet network at the world's busiest airport.

House GOP warns of cuts to education funding

06/04/2014 4:51pm
Virginia House Republicans said Wednesday that a budget stalemate could lead to $340 million in cuts to local school districts over the next two years and a freeze on construction projects at state universities.

NC state superintendent criticizes proposed cuts

06/04/2014 5:02pm
The North Carolina Senate budget would give teachers raises, but when those raises come at the expense of cuts to the state Department of Public of Instruction, education leaders say schools will still suffer.

San Francisco files charge over transit sick-out

06/04/2014 5:22pm
San Francisco's city attorney filed a charge of unfair labor practices against the city's transit drivers' union Wednesday after some operators called in sick for a third straight day and left the famed cable cars idle as bus and light-rail service slightly improved.

DHS: Shield against deportation can be extended

06/04/2014 5:30pm
Young immigrants who have won government protection from deportation can apply for another two years of safety.

Canada introduces new sex trade law

06/04/2014 5:30pm
Canada's Conservative government introduced legislation Wednesday that will make it illegal to buy sex and to sell it in public areas where there might be minors. The bill's critics said it merely makes prostitutes more vulnerable.

PG&E expects new indictment over explosion

06/04/2014 5:30pm
Pacific Gas & Electric Co. expects to be hit with a new federal indictment next month over a deadly pipeline explosion that leveled a suburban California neighborhood in 2010, a regulatory filing says.

Legislature approves budget compromise for 2014-15

06/04/2014 5:30pm
The Legislature's compromise on its budget plan for 2014-15 would expand full-day kindergarten for 4-year-olds, maintain aid to local governments and provide state workers a 2 percent pay raise.

Court: BP must pay Clean Water Act fines for spill

06/04/2014 6:20pm
The owners of the blown-out Macondo well cannot avoid federal fines for the 2010 oil spill by blaming another company's failed equipment, a federal appeals court ruled Wednesday.

Missouri will audit Walgreen stores for 3 years

06/04/2014 6:41pm
An independent auditor will act as a "baby sitter," performing random price checks at Walgreen Co. stores around Missouri for the next three years under an agreement the company reached with the state, Missouri Attorney General Chris Koster said Wednesday.

Michigan: No long-term health risk from oil spill

06/04/2014 6:51pm
Michigan's health agency said Wednesday there's no long-term health risk from swimming and fishing in the Kalamazoo River, the site of one of the costliest onshore oil spills in U.S. history.

Former Uber driver charged with assaulting rider

06/04/2014 7:21pm
A man who drove for the ridesharing service Uber in San Francisco has been charged with assaulting a customer, prosecutors said Wednesday.

Hopes fade for quick Senate vote to help veterans

06/04/2014 7:21pm
Hopes faded late Wednesday that key senators could quickly craft a compromise bill that would help veterans facing long appointment waits at veterans hospitals and make it easier to fire administrators who covered up the delays.

New York in $105M national drug settlement

06/04/2014 7:31pm
Multinational drugmaker GlaxoSmithKline is paying New York, 43 other states and the District of Columbia $105 million to settle complaints that the company unlawfully marketed three drugs.

Kia hamster actor charged with disability fraud

06/04/2014 8:03pm
A man who played a dancing hamster in Kia car commercials and was a backup dancer for Madonna has been charged with California disability fraud.

Iowa's Ernst wins primary by emphasizing her life

06/04/2014 10:11pm
Joni Ernst, a mother from farm country and Iraq war veteran who was little known outside her rural legislative district only months ago, surprisingly won Iowa's Republican Senate primary going away and now appears well positioned to compete for a seat that could help determine whether the GOP wins control of Congress.

A US veteran, deported and struggling in Jamaica

06/04/2014 10:21pm
Howard Bailey joined the U.S. Navy straight out of high school in Brooklyn figuring he would see the world. He didn't expect to end up back in his native Jamaica, raising pigs and barely getting by in the poor village of his childhood.
 
   
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