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October 22nd, 2014
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Archive: (79 Stories)

US hiring likely strong for a 5th straight month

07/03/2014 1:00am
Economists predict that federal employment data due out today will indicate that the economic recovery is finally building up a head of steam as it enters its sixth year.

US seeks more security at some overseas airports

07/03/2014 2:10am
U.S. intelligence officials are concerned that al-Qaida is trying to develop a new and improved bomb that could go undetected through airport security.

Sweden's Riksbank cuts interest rate to 0.25 pct

07/03/2014 2:51am
The Swedish central bank has cut its key interest rate by 0.5 percentage points to boost the Nordic country's economic growth.

US hiring likely strong for a 5th straight month

07/03/2014 4:30am
Hiring was likely robust for a fifth straight month in June, a sign that the economic recovery, now entering its sixth year, is finally gaining meaningful traction.

Corporations are people? It's a real legal concept

07/03/2014 4:40am
There may be more to that "we the people" notion than you thought.

Samsung to build $1B display factory in Vietnam

07/03/2014 5:10am
The display manufacturing unit of Samsung Electronics Co. said Thursday it secured approval from Vietnam to build a $1 billion factory in the Southeast Asian country.

China, South Korea agree to boost economic ties

07/03/2014 5:30am
China and South Korea on Thursday agreed measures that will expand the use of China's tightly controlled currency and boost trade as Xi Jinping made his first presidential visit to the Korean Peninsula.

Amazon vows to fight FTC on kids in-app purchases

07/03/2014 5:40am
Amazon says that it is prepared to go to court against the Federal Trade Commission to defend itself against charges that it has not done enough to prevent children from making unauthorized in-app purchases.

European Central Bank leaves benchmark interest rate unchanged at record-low 0.15 percent

07/03/2014 5:50am
European Central Bank leaves benchmark interest rate unchanged at record-low 0.15 percent.

US unemployment claims rise slightly to 315,000 last week in latest sign of few layoffs

07/03/2014 6:40am
US unemployment claims rise slightly to 315,000 last week in latest sign of few layoffs.

US economy added robust 288k jobs in June, 5th straight big gain; jobless rate dips to 6.1 pct

07/03/2014 6:40am
US economy added robust 288k jobs in June, 5th straight big gain; jobless rate dips to 6.1 pct.

US trade deficit falls 5.6 percent to $44.4 billion as exports hit record high and imports dip

07/03/2014 6:41am
US trade deficit falls 5.6 percent to $44.4 billion as exports hit record high and imports dip.

Applications for US unemployment benefits edge up

07/03/2014 6:51am
The number of Americans filing applications for unemployment benefits edged up slightly last week but remained at a level that indicated a healthy labor market.

China leader snubs North Korea in visit to Seoul

07/03/2014 7:10am
With a single meeting Thursday, the leaders of China and South Korea simultaneously snubbed North Korea, bolstered their already booming trade relationship and gave the U.S. and Japan a look at Beijing's growing influence south of the Korean Demilitarized Zone.

US trade deficit drops to $44.4 billion in May

07/03/2014 7:31am
The U.S. trade deficit fell in May as U.S. exports hit an all-time high, helped by a jump in exports of petroleum products. Imports dipped slightly.

Dow Jones industrial average trades above 17,000 for first time after strong US jobs report

07/03/2014 7:40am
Dow Jones industrial average trades above 17,000 for first time after strong US jobs report.

Survey: US service sector expands again in June but at slightly slower pace

07/03/2014 8:10am
Survey: US service sector expands again in June but at slightly slower pace .

Dow breaks 17,000 following strong US job gains

07/03/2014 8:10am
A big gain in hiring last month sent the Dow Jones industrial average above 17,000 for the first time.

Dollar mixed

07/03/2014 8:11am
The U.S. dollar is mixed against other North American currencies in New York trading.

Express Scripts cuts payments for customized drugs

07/03/2014 8:30am
The nation's largest pharmacy benefit manager, Express Scripts, is dramatically scaling back its coverage of compounded medications, saying most of the custom-mixed medicines are ineffective or overpriced.

US services sector expands at slower pace in June

07/03/2014 8:41am
U.S. services firms expanded again last month but at a slightly slower pace than they did in May. Orders, exports and hiring grew faster in June.

Court backs police pension in Chicago torture case

07/03/2014 8:41am
An imprisoned former Chicago police commander accused of overseeing the torture of suspects will keep his $3,000-a-month pension following a ruling by the Illinois Supreme Court.

Foundation restructures to ease student debt

07/03/2014 8:51am
Armstrong County native Addison Gibson made millions in the oil fields of east Texas and Oklahoma in the early 20th century, but he wanted his fortune to help people of limited means in Western Pennsylvania who couldn't afford medical care or a college education.

Open

07/03/2014 8:51am
Early trading on the Chicago Board of Trade Thu.:

Grain lower livestock higher

07/03/2014 9:10am
Grain futures were lower Thursday in early trading on the Chicago Board of Trade.

US hiring surges as unemployment dips to 6.1 pct.

07/03/2014 9:31am
The June jobs report shows the U.S. economy moving steadily closer to full health, after having shrunk at the start of the year.

Cuba criticizes $9B US fine for French bank

07/03/2014 9:31am
Havana on Thursday protested U.S. penalties levied against France's largest bank over allegations it processed financial transactions for Cuba and other blacklisted states in violation of U.S. trade sanctions.

Partners' growth plans challenged by state board

07/03/2014 9:40am
Efforts by the biggest health care system in Massachusetts to become even bigger have received another challenge, this time by a key state board.

Average rate on 30-year mortgages dips this week

07/03/2014 9:40am
Average U.S. mortgage rates are near historically low levels.

German Parliament OKs national minimum wage

07/03/2014 9:41am
German lawmakers on Thursday approved the introduction of the country's first national minimum wage, a triumph for its main center-left party that a long-skeptical Chancellor Angela Merkel described as a "painful" political compromise.

Regulators accuse T-Mobile of bogus billing

07/03/2014 10:00am
T-Mobile US knowingly made hundreds of millions of dollars off its customers in potentially bogus charges, federal regulators alleged Tuesday in the first lawsuit of its kind against a wireless provider.

Auctioneer: Rachel Mellon sales could bring $100M

07/03/2014 10:00am
Property from the estate of noted horticulturist, philanthropist and heir to the Listerine fortune Rachel "Bunny" Mellon is going on the auction block this fall.

Dow breaks 17,000 following strong US job gains

07/03/2014 10:01am
The Dow Jones industrial average is trading above 17,000 for the first time after the U.S. government reported a big gain in hiring last month.

STOCKS IN THE SPOTLIGHT

07/03/2014 10:21am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.

Obama on economy: 'We're making progress'

07/03/2014 10:31am
President Barack Obama says job growth in June shows the recovery is taking hold, but the economy could still do better.

SD benefits require some travel for lowest rates

07/03/2014 10:41am
State employees in South Dakota, many of whom are based Pierre, will have to travel more than three hours to Sioux Falls and other cities to the east for the most affordable specialty health care as changes to the state benefits plan took effect this week.

Quebec town still recovering from train disaster

07/03/2014 10:52am
Backhoes and bulldozers are still digging out oil-seeped soil and pavement in the center of this lakeside Quebec town. Where the post office, public library and restaurants once stood, there is only the clanging of machinery kicking up dust over the emptiness.

Dow tops 17,000 following strong US job gains

07/03/2014 11:11am
The Dow Jones industrial average is closing above 17,000 for the first time after the U.S. government reported a big gain in hiring last month.

Grimes: McConnell opposes black lung benefits

07/03/2014 11:31am
U.S. Sen. Mitch McConnell has vowed to repeal all of the federal Affordable Care Act — even though it includes several provisions that help coal miners receive benefits for black lung disease.

Delaware transportation chief: Agency should have closed interstate bridge sooner

07/03/2014 11:40am
— Delaware transportation chief: Agency should have closed interstate bridge sooner.

Subaru recalls 660K vehicles for brake line rust

07/03/2014 11:51am
Subaru is recalling more than 660,000 cars and SUVs because the brake lines can rust and leak fluid, and that can mean it will take longer to stop the vehicles.

Cybercrime ring uncovered in Brazil

07/03/2014 12:00pm
A massive cybercrime ring in Brazil may have stolen billions of dollars from a widely used online payment system, a technology security company said.

Floating strip club navigates regulatory trouble

07/03/2014 12:10pm
A new attraction on Alaska's Kodiak Island features exotic dancers who entertain fishermen on a converted Bering Sea crabbing boat dubbed the "Wild Alaskan" — and it's already encountered choppy regulatory seas.

BlackBerry sells its German-based R&D assets

07/03/2014 12:41pm
BlackBerry is selling its research and development department in Germany to Volkswagen Infotainment, a subsidiary of the automaker that makes interactive technology for vehicle dashboards.

Big run of sockeye salmon in Columbia River

07/03/2014 1:01pm
Anglers have good reason to be booking trips with fishing guides or getting their own gear rigged and vacations scheduled for fishing the Columbia River from now into October.

Walgreens, diabetic employee reach $180,000 deal

07/03/2014 1:01pm
Drugstore chain Walgreens has agreed to pay $180,000 to a diabetic employee who was fired after eating a $1.39 bag of chips before paying for it during what she said was an attack of low blood sugar, federal officials said.

ECB seeks transparency, vows support to economy

07/03/2014 1:01pm
a bid to be more transparent as it vows to keep supporting the economy by any means available.

Close

07/03/2014 1:20pm
Futures trading on the Chicago Board of Trade Thu.:

Close

07/03/2014 1:20pm
Futures trading on the Chicago Board of Trade Thu.:

Grain mixed, livestock higher

07/03/2014 1:33pm
Grain futures were mixed Thursday on the Chicago Board of Trade.

Dollar lower

07/03/2014 1:41pm
The U.S. dollar is lower against other North American currencies in New York trading.

Army issues 'worst-case' scenarios for reductions

07/03/2014 1:50pm
Army bases and surrounding communities across the country would lose up to 80 percent of their military and civilian workforces if maximum cuts in both budget and force size go into effect at the end of the decade, according to worst-case scenario projections.

Gold, silver fall

07/03/2014 1:51pm
The July gold contract on the New York Mercantile Exchange closed today at $1320.40 an ounce -- down $10.30.

Crude falls

07/03/2014 1:51pm
Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 42 cents -- closing at $104.06 a barrel.

SunTrust Mortgage settles federal probe for $320M

07/03/2014 2:00pm
SunTrust Mortgage Inc. has agreed to pay up to $320 million to resolve allegations that it misled customers seeking loan modifications.

Markets-At-A-Glance

07/03/2014 2:00pm
A snapshot of major stock and commodities market indicators Thursday:

Broad US job growth helps high school grads

07/03/2014 2:11pm
Hiring heated up for almost everyone in June.

US job growth led by retailers and health care

07/03/2014 2:31pm
The U.S. job market's gains in June were as broad as they were deep.

Obama under pressure to visit US-Mexico border

07/03/2014 3:01pm
President Barack Obama is facing mounting calls from Republicans to take a firsthand look at the immigration emergency at the U.S.-Mexico border, putting him on the spot concerning what he has called the "humanitarian crisis" of tens of thousands of unaccompanied children flooding in from Central America.

Court backs police pension in Chicago torture case

07/03/2014 3:12pm
An imprisoned former Chicago police commander accused of overseeing the torture of dozens of men — almost all of them black — to coerce confessions will keep his pension of more than $3,000 a month, under a decision Thursday by the Illinois Supreme Court.

Ex-mob boss' son convicted in looting of company

07/03/2014 3:21pm
The son of a former Philadelphia mob boss and another reputed mob associate were convicted Thursday of federal fraud charges for taking over a Texas-based mortgage company and then plundering its assets to buy homes, luxury cars, a plane and a yacht.

Idaho family goes car-free, says planning is key

07/03/2014 3:21pm
Eight years ago, Geoff Carr and Mollie Murray's 2003 Kia Spectra was totaled in a parking lot collision.

Germany's BMW to invest $1 billion in Mexico plant

07/03/2014 3:30pm
Germany's BMW announced Thursday it will spend $1 billion to build a new luxury car factory in northern Mexico that will start production in 2019 as part of an effort to expand the company's presence in the United States.

GM worker warned company of switch problem in 2005

07/03/2014 4:00pm
General Motors recalled 3.4 million large cars last month after finding a 9-year-old email from an employee in its files warning of trouble, according to documents released by the government Thursday.

Positive numbers, but politicians hedge their bets

07/03/2014 4:20pm
Does anyone in politics dare talk up the economy? Apparently not.

New liquor rule eases famously strict Utah limits

07/03/2014 4:22pm
A new state law puts Utah liquor licenses on the free market.

Dow tops 17,000 after strong jobs report

07/03/2014 4:30pm
The Dow Jones industrial average topped 17,000 for the first time Thursday, another in a string of records for the index that has lifted portfolios in a five-year bull market for stocks.

Are drones the future of firefighting?

07/03/2014 4:31pm
When it comes to analyzing dangerous wildfires, could a sensor attached to a drone ever replace a human eye connected to an intellect shaped by experience and intuition?

Waitresses at Colorado eatery carry loaded guns

07/03/2014 4:31pm
Many stores and restaurants are telling people not to bring their guns inside, but one western Colorado restaurant not only embraces the practice of packing heat, it encourages its customers to carry openly — and its waitresses do, too.

College presidents say no to unions for athletes

07/03/2014 5:20pm
Northwestern University on Thursday urged the National Labor Relations Board to overturn a regional ruling that would allow its scholarship football players to unionize, holding up the football program as exemplifying the university's integration of athletics and education.

HEB recalls almost 38 tons of fresh beef products

07/03/2014 7:10pm
The HEB supermarket chain is recalling almost 38 tons of fresh beef products over concerns that it might be contaminated with metal fragments from a failed bearing.

Clinton book sells 26,000 copies in its 3rd week

07/03/2014 7:30pm
Hillary Rodham Clinton's book "Hard Choices" is on track to be one of the year's top nonfiction books despite another slip in sales.

Honduras official says 11 still trapped in mine

07/03/2014 7:30pm
An official withdrew his report that eight miners had been rescued from a small, wildcat gold mine in southern Honduras, saying late Thursday that all 11 men were still trapped following a cave-in the previous day.

Asian shares, especially Tokyo, up on US rally

07/03/2014 8:00pm
Tokyo shares, the main exchange in Asia, perked upward Friday in early trading, boosted by a rally overnight on Wall Street to a record high.

Military grounds all F-35 jets during fire probe

07/03/2014 9:00pm
U.S. military officials have grounded all F-35s while continuing to investigate a runway fire involving one of the fighter jets at Eglin Air Force Base in Florida.

California chicken producer linked to long salmonella outbreak issues 9-state product recall

07/03/2014 10:10pm
California chicken producer linked to long salmonella outbreak issues 9-state product recall.

Solid US job gains pointing to a stronger recovery

07/03/2014 10:10pm
The 5-year-old U.S. recovery is gaining momentum from a surprisingly robust job market and moving the economy closer to full health.

Veteran dies waiting for ambulance in VA hospital

07/03/2014 10:10pm
A veteran who collapsed in an Albuquerque Veteran Affairs hospital cafeteria — 500 yards from the emergency room — died after waiting around 20 minutes for an ambulance, officials confirmed Thursday.

Arthur threatens July 4th plans along East Coast

07/03/2014 11:30pm
A strengthening Hurricane Arthur forced thousands of vacationers on the North Carolina coast to abandon their Independence Day plans while cities farther up the East Coast rescheduled fireworks displays threatened by rain from the storm.
 
   
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