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December 22nd, 2014
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Archive: (86 Stories)

German factory orders decrease in June

08/06/2014 1:00am
German factory orders were down in June compared to the previous month due to a decrease of large orders.

US companies falling behind as Africa surges

08/06/2014 1:50am
As Africa's economy rises, American businesses are at risk of being left behind.

State touts college savings program tutorial

08/06/2014 2:10am
State Treasurer David H. Lillard Jr. has presented the Anderson County school system with a $2,000 check for getting parents to complete an online tutorial about the importance of saving for college.

Here is the latest Nevada news from The Associated Press

08/06/2014 2:30am
A trial continues today over the semi-truck and train crash that killed six people in 2011. Lawyers for Amtrak and the Union Pacific Railroad say the truck driver is responsible for the collision at a rural crossing about 70 miles east of Reno. The trucking firm's lawyers argue Amtrak and Union Pacific failed to provide a proper signal warning. It's expected to be a six-week trial.

GRU leading minority cancer research program

08/06/2014 3:40am
Georgia Regents University has been chosen to lead a research program meant to increase minority access to clinical trials and cancer treatments.

Walgreen to acquire rest of UK drug chain Alliance Boots, won't pursue tax inversion

08/06/2014 4:11am
Walgreen to acquire rest of UK drug chain Alliance Boots, won't pursue tax inversion.

HK court: Tycoon can sue Google over autocomplete

08/06/2014 4:40am
A court has ruled that a Hong Kong tycoon can sue Google over its autocomplete results suggesting he has links to organized crime.

Michigan issues alert for listeria found in salad

08/06/2014 5:30am
Michigan has issued a public health alert after listeria was found in a sample of chicken Caesar salad sold in suburban Detroit.

US trade deficit shrinks to 5-month low in June as imports drop sharply, exports tick up

08/06/2014 6:40am
US trade deficit shrinks to 5-month low in June as imports drop sharply, exports tick up.

US trade gap narrows to lowest level in 5 months

08/06/2014 7:10am
The U.S. trade deficit fell in June to its lowest level since January as imports dropped sharply, led by lower shipments of cellphones, petroleum, and cars.

A sampling of editorials from around New York

08/06/2014 7:10am
The New York Post on Gov. Andrew Cuomo and the now-defunct Moreland Commission.

Gov't to sell $67B in Treasurys next week

08/06/2014 7:22am
The government says it will sell $67 billion in Treasury securities next week as part of its regular quarterly refunding auctions.

UK parliamentary committee urges action on Gaza

08/06/2014 7:30am
British Prime Minister David Cameron is coming under increased pressure over his government's policies on Gaza, after a cross-party parliamentary committee urged him Wednesday to press Israel to lift restrictions on trade and travel in the Palestinian territory.

Toyota pledges $1M toward Detroit bankruptcy deal

08/06/2014 7:40am
Toyota has pledged $1 million toward the Detroit Institute of Arts' goal to raise $100 million to prevent the sale of art in Detroit's bankruptcy and help city pensioners.

Here is the latest Nevada news from The Associated Press

08/06/2014 7:40am
Lawyers for Amtrak, the Union Pacific Railroad and a Nevada trucking firm have started making their case in what's expected to be a six-week trial to determine who was to blame when a semi-truck slammed into a passenger train in a fiery crash that killed six people in 2011. The train companies' lawyer says John Davis Trucking was negligent. The trucking firm's lawyers argue Amtrak and Union Pacific failed to provide a proper signal warning.

US stocks slip in early trading; Walgreen drops

08/06/2014 7:51am
Worries about Russian troops massing near the Ukrainian border are pushing stocks slightly lower.

Terrebonne sales tax increase to benefit teachers

08/06/2014 8:21am
Terrebonne Parish School Board will ask voters to approve a half-cent sales tax increase to raise teachers' salaries.

Surgeon general who fought tobacco dies at 87

08/06/2014 8:31am
Dr. Jesse Steinfeld, who became the first surgeon general ever forced out of office by the president after he campaigned hard against smoking during the Richard Nixon era, died Tuesday. He was 87.

Grain higher, livestock mixed

08/06/2014 8:52am
Grain futures were higher Wednesday in early trading on the Chicago Board of Trade.

Coca-Cola plant had received threats in Mexico

08/06/2014 8:52am
Coca-Cola's largest Mexican bottler says it had received threats before attackers burned four of its delivery trucks in an area of southern Mexico known for drug gang turf battles.

Mondelez says price hikes scared off customers

08/06/2014 9:01am
Mondelez said price increases scared off some customers in its second quarter, and the company trimmed its sales forecast for the year.

Ukraine looms over European Central Bank meeting

08/06/2014 9:10am
The crisis in Ukraine and a hesitant recovery in Europe are casting shadows over the European Central Bank's meeting Thursday.

Here is the latest Nevada news from The Associated Press

08/06/2014 9:11am
A trial continues in Reno today over the semi-truck and train crash that killed six people in 2011. Lawyers for Amtrak and the Union Pacific Railroad say the truck driver is responsible for the collision at a rural crossing about 70 miles east of Reno. The trucking firm's lawyers argue Amtrak and Union Pacific failed to provide a proper signal warning. It's expected to be a six-week trial.

Putin orders limits on agricultural imports from countries imposing sanctions on Russia

08/06/2014 9:11am
Putin orders limits on agricultural imports from countries imposing sanctions on Russia.

Target publicly endorses same-sex marriage

08/06/2014 9:20am
Target Corp. is adding its name to a legal defense of gay marriage, joining other large companies that are taking a stand, just four years after the retailer came under criticism for supporting a strident opponent of same-sex unions.

Walmart plans store at Virginia Commonwealth

08/06/2014 9:40am
Walmart plans to open a store on Virginia Commonwealth University's campus as part of a pilot program.

Fed gives BofA approval to up dividend to 5 cents

08/06/2014 9:40am
Federal regulators have given Bank of America a green light to proceed with a long-awaited dividend increase it had suspended because of a reporting error.

Sprint names new CEO after dropping T-Mobile bid

08/06/2014 9:41am
Sprint's new owner is replacing its longtime CEO after dropping its bid for rival wireless carrier T-Mobile US.

Barbara Corcoran on her 2nd life with 'Shark Tank'

08/06/2014 10:10am
Barbara Corcoran expects entrepreneurs to listen to what she says, and then do what they want. Even when they're using her money to build their companies.

Pandora cuts first-ever direct deal with artists

08/06/2014 10:11am
Internet radio leader Pandora has come to its first-ever direct licensing deal with artists, a wide-ranging agreement with independent label group Merlin that both said would mean higher payments to artists and more play for them on Pandora stations.

Stocks stabilize as energy sector rebounds

08/06/2014 10:11am
Stocks are stabilizing as energy prices rebound.

UL System chairman a returned college dropout

08/06/2014 10:11am
Those who work closest with him describe him as a loyal, passionate man who only runs at one speed: full-throttle.

STOCKS IN THE SPOTLIGHT

08/06/2014 10:21am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.

General killed in Afghan attack was engineer

08/06/2014 10:31am
Harold J. Greene, the two-star Army general who became the highest-ranking U.S. military officer to be killed in either of America's post-9/11 wars, was an engineer who rose through the ranks as an expert in developing and fielding the Army's war materiel. He was on his first deployment to a war zone.

Pressure on Renzi as economy contracts

08/06/2014 10:40am
Official figures show that Italy has slipped back into recession, piling pressure on Premier Matteo Renzi to push through reforms to kick-start Italy's economy.

Commercial real estate improving in S.L. market

08/06/2014 10:41am
Overall, in the Salt Lake metro area, commercial real estate continues to reflect an economy that is healthy and growing.

Houston airport worker dies after 45-foot fall

08/06/2014 10:41am
A contract worker has died after falling about 45 feet from an elevated rail track at George Bush Intercontinental Airport in Houston.

Objection! Interrupting lawyer gets rare sanction

08/06/2014 10:51am
A federal judge in Iowa meted out an unusual punishment to a lawyer for repeatedly raising objections and interrupting depositions: She must produce a training video showing why such tactics are inappropriate.

BC-BOT Table,1st Ld

08/06/2014 11:21am
Noon trading on the Chicago Board of Trade Wed.:

Review: Amazon phone better for info than shopping

08/06/2014 11:42am
My buying habits have yet to change in my nearly three weeks with Amazon's shopping-centric Fire phone.

Aussie commuters tip train car to help trapped man

08/06/2014 11:47am
Dozens of people helped rescue a fellow commuter in Australia by pushing against a train car to free the man whose leg slipped between the platform and the train.

Tennessee Valley Authority to cut 2,000 jobs

08/06/2014 11:51am
The nation's largest public utility says it is eliminating more than 2,000 jobs as part of a $500 million cost-cutting campaign.

7 ways to create better, stronger passwords

08/06/2014 11:51am
With the recent news that a Russian hacker ring has amassed some 1.2 billion username and password combinations, it's a good time to review ways to protect yourself online.

AIDS patients fear discrimination in ACA exchange

08/06/2014 12:11pm
Health advocates allege some insurance plans under the new federal health law are discriminating against HIV and AIDS patients by requiring them to pay a percentage of costly medications instead of a flat co-pay, essentially pricing the medications out of reach.

Idaho AG, St. Luke's Medical Center reach deal

08/06/2014 12:11pm
Idaho Attorney General Lawrence Wasden has agreed not to sue St. Luke's Health System for purchasing the assets of a Boise rehabilitation hospital as long as St. Luke's limits its contracts with some rehabilitation physicians.

Close

08/06/2014 1:21pm
Futures trading on the Chicago Board of Trade Wed.:

RIA Novosti quotes Russian official as saying Russia will block all US agricultural imports

08/06/2014 1:21pm
RIA Novosti quotes Russian official as saying Russia will block all US agricultural imports.

Navajo Nation seeks to improve all its airports

08/06/2014 1:31pm
Navajo Nation officials say the tribe's five airports are ready for some much needed improvements.

Grain higher, beef and pork higher

08/06/2014 1:31pm
Grain futures were higher Wednesday on the Chicago Board of Trade.

AP names William Kole news editor for New England

08/06/2014 1:50pm
William J. Kole, a veteran bureau chief and news leader for The Associated Press in the U.S. and overseas, has been named news editor for New England, overseeing coverage of breaking news and enterprise across the six-state region.

Report faults Chevron in deadly gas well fire

08/06/2014 2:11pm
Environmental investigators faulted Chevron Inc. site managers in a report released Wednesday on a natural gas well fire in western Pennsylvania that killed one worker.

Chrysler profit jumps; Fiat hit by merger worry

08/06/2014 2:13pm
Chrysler remained on the comeback trail with a 22 percent second-quarter profit increase, but U.S. investors may not get a chance to buy shares of the company if a planned merger with Fiat gets scuttled.

Stocks inch higher; Molson Coors jumps on earnings

08/06/2014 2:21pm
U.S. stocks are closing slightly higher, led by a rebound in consumer staples stocks.

Pfizer to pay $35M to settle drug marketing case

08/06/2014 3:11pm
Pfizer will pay $35 million to resolve allegations by 42 states that its subsidiary, Wyeth Pharmaceuticals, illegally marketed an organ transplant drug for unapproved uses.

Mexican Senate nears final vote on oil opening

08/06/2014 3:11pm
Mexico's Senate debated the final pieces of legislation Wednesday needed to enact a dramatic expansion of the role of foreign and private companies in the state-run oil industry.

Stocks stabilize; Molson Coors jumps on earnings

08/06/2014 3:12pm
U.S. stocks stabilized on Wednesday after earnings from a major beer brewer helped the market stem its recent declines.

Mohegan Sun buys pro lacrosse team in Philly

08/06/2014 3:21pm
Connecticut's Mohegan tribe, reaching back into its history and a game of stickball North American Indians began centuries ago, announced Wednesday it will be part owner of a professional lacrosse team.

Israel-Palestinian talks on Gaza underway in Cairo

08/06/2014 3:21pm
Indirect Israeli-Palestinian negotiations over extending a cease-fire in the Gaza Strip and ending a blockade of the battered territory got underway in Cairo on Wednesday, with both sides taking hard-line positions and much jockeying expected ahead.

Insurer pays off lawsuit with thousands in coins

08/06/2014 3:21pm
An insurance company settled a lawsuit with a Los Angeles man by dropping off buckets full of thousands of quarters, nickels, dimes and pennies, his attorney said Wednesday.

New York releases half of statewide test questions

08/06/2014 3:21pm
New York education officials released half of the state's 2014 standardized math and English test questions on Wednesday, five months after critics first complained that the questions were confusing and loaded with brand name references that looked like product placement.

AIDS patients fear discrimination in ACA exchange

08/06/2014 3:22pm
Patient advocates say some insurance companies are making HIV and AIDS drugs unaffordable in plans issued through the Affordable Care Act by shifting much of the cost to customers.

Markets-At-A-Glance

08/06/2014 3:30pm
A snapshot of major stock and commodities market indicators Wednesday:

Philly school start still uncertain despite $265M

08/06/2014 3:30pm
Gov. Tom Corbett announced Wednesday that the state would advance $265 million to the cash-strapped Philadelphia schools, but the superintendent said the money won't guarantee classes will start on time.

Markets-At-A-Glance

08/06/2014 3:31pm
A snapshot of major stock and commodities market indicators Wednesday:

Nasdaq SUMMARY

08/06/2014 3:31pm
Most active Nasdaq issues.

Regulator seeks tough penalty for tax evasion case

08/06/2014 3:41pm
The Securities and Exchange Commission wants to make an example of two Texas brothers found by a jury at a civil trial to have acted fraudulently to evade taxes, but a defense lawyer said Wednesday that the more than $750 million sought by the government is "hotly contested."

81-year-old Indiana farmer rescued from grain bin

08/06/2014 3:50pm
An 81-year-old Indiana farmer survived the crushing grip of an avalanche of corn inside a grain bin in part because he's "10 times tougher than the average guy," one of his relieved sons said Wednesday.

Spiked Sprint-T-Mobile deal may mean lower prices

08/06/2014 4:01pm
The collapse of Sprint's push to buy T-Mobile US could mean fresh options in wireless plans and lower prices for U.S. consumers. But in the long run, tougher competition on prices could lead to slower service and slower expansion of coverage.

Bumpy road to Grand Canyon Skywalk now paved

08/06/2014 4:20pm
Getting to the Grand Canyon Skywalk used to include a teeth-chattering drive over a washboard road fraught with dips and twists.

Sprint names new CEO after dropping T-Mobile bid

08/06/2014 4:21pm
Sprint's new owner is replacing its longtime CEO with a Bolivian billionaire and entrepreneur after dropping its bid for rival wireless carrier T-Mobile US.

Fox: No more pursuits of content companies

08/06/2014 4:31pm
Twenty-First Century Fox Inc. executives said Wednesday that the company won't try to buy any other big content companies, a day after it called off its pursuit of rival media giant Time Warner Inc.

Yelp CEO reviews his own business after 10 years

08/06/2014 4:31pm
After Yelp posted the first quarterly profit in its history last week, the online business review site got panned on Wall Street. The company's stock plummeted 11 percent the day after the results came out, wiping out its gains for the year.

Expert wants to help nab Russian password thieves

08/06/2014 4:33pm
The hackers are a tight knit group, 10 or 11. They live in a Russian town, and have real jobs. But in their down time, the cybercriminals have spent the past seven months gathering a hoard of personal data, stealing 1.2 billion user names and passwords in a series of Internet heists affecting 420,000 websites, according to Alex Holden, Chief Information Security Officer for Hold Security, whose firm uncovered the breach.

Security contractor says hit by computer breach

08/06/2014 4:50pm
Two government agencies said Wednesday they limited operations with a major government contractor that oversees hundreds of thousands of security clearance background checks for civilian and military workers after the contractor reported it had been targeted by a cyberattack.

Medicaid reform could cut deep at rural hospitals

08/06/2014 5:11pm
Whenever Medicaid cuts filter down from the legislature in Raleigh to small-town and rural hospitals such as Southeastern Regional Medical Center in Lumberton, the pain is acutely felt.

Report: Russia to block US agricultural imports

08/06/2014 5:40pm
Russian President Vladimir Putin on Wednesday hit back hard against countries that have imposed sanctions over the Ukraine crisis, ordering trade cuts that an official said would include a ban on all imports of agricultural products from the United States.

Many still can't use Washington health coverage

08/06/2014 6:20pm
Seven months after major glitches in the Washington health exchange were discovered, authorities acknowledge that thousands of state residents still don't have insurance they can use to go to the doctor or fill a prescription.

Obama reviewing options on corporate tax loophole

08/06/2014 6:30pm
President Barack Obama said Wednesday that the administration is reviewing what authority he has to act without Congress to stop American companies from reincorporating overseas to avoid paying billions of dollars in taxes, a practice he has denounced as unpatriotic and has asked lawmakers to remedy.

Revel casino bankruptcy auction postponed a week

08/06/2014 7:01pm
The bankruptcy auction of the Revel Casino Hotel that was scheduled for Thursday has been postponed until next week because lawyers need more time to review the bids made on the casino.

Outdoor leader hopeful gear show can stay in Utah

08/06/2014 7:12pm
The president of the Outdoor Industry Association said Wednesday that he is optimistic the world's largest outdoor-gear trade show can remain in Salt Lake City for the long term now that the state is pushing for a new convention center hotel.

Obama: US sanctions are straining Russian economy

08/06/2014 7:20pm
President Barack Obama said Wednesday that U.S. sanctions levied against Russia over its actions in Ukraine are working but that Washington would face a much different set of questions about how to respond if Moscow invaded eastern Ukraine.

Venezuela considers selling US oil company Citgo

08/06/2014 8:00pm
Venezuela's government has confirmed that it is considering the sale of its oil refining and distribution network in the U.S. amid a worsening economic crisis.

Volunteers step up in China's response to quake

08/06/2014 8:21pm
Minutes after a deadly earthquake shook western China, disaster teams were on the move. Within hours, food, tents, and even a 4G cellphone network were in place, showing how a fast-developing China can bring its plentiful experience and enormous resources to bear in handling natural disasters.

AP source: BofA nears $16-$17B settlement with US

08/06/2014 8:31pm
Bank of America is nearing a $16 billion to $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, a person directly familiar with the matter said Wednesday.

China probes automakers, technology firms

08/06/2014 9:21pm
Chinese regulators have launched a series of anti-monopoly investigations of global automakers and technology providers, stepping up pressure on foreign companies that feel increasingly unwelcome in China.

Mexican Senate approves opening of oil sector

08/06/2014 11:51pm
Mexico's Congress approved a comprehensive energy reform that will break more than seven decades of state monopoly and dramatically expand the role of foreign and private companies in the country's oil and gas industry.
 
   
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