News  /  Biz  / 


DJIA 20743.00 +118.95
Nasdaq 5865.95 +27.37
S&P 500 2365.38 +14.22

Most Recent

Wells Fargo fires 4 senior managers in sales scandal inquiry

Ken Sweet, Associated Press  |  Posted  Feb 21st - 3:05pm

Wells Fargo's board of directors fired four senior managers as part of its investigation into the bank's sales practices scandal.

Official: Ecuador's presidential election headed to runoff

Gonzalo Solano, Associated Press  |  Posted  Feb 21st - 2:59pm

Ecuador's nail-biter election is heading to a runoff after results showed ruling party candidate Lenin Moreno falling just shy of the votes needed to clench a first-round victory, officials said Tuesday.

Deal hunger sends food stocks higher; US indexes at records

Marley Jay, Associated Press  |  Posted  Feb 21st - 2:55pm

Stocks again broke records Tuesday as investors came back from a long weekend hungry for deals. While Kraft Heinz and Unilever couldn't complete a proposed $143 billion mega-merger, food and household goods makers rose as investors bet that other deals are coming.

Vail Resorts to buy Vermont's Stowe Mountain ski resort

Wilson Ring, Associated Press  |  Posted  Feb 21st - 2:55pm

Colorado-based Vail Resorts will pay $50 million to acquire Stowe Mountain Resort, one of Vermont's most venerable ski resorts, the companies announced Tuesday.

Box Office Top 20: 'Lego Batman,' 'Fifty Shades' stay on top

The Associated Press  |  Posted  Feb 21st - 2:55pm

Holdovers "The Lego Batman Movie" and "Fifty Shades Darker" led the North American box office for a second week, while Matt Damon's "The Great Wall" — a hit in China, where it was made — struggled in its domestic debut.

Testosterone gel shows no benefit for older men's memories

Lindsey Tanner, Associated Press  |  Posted  Feb 21st - 2:55pm

Testosterone treatment did not improve older men's memory or mental function in the latest results from landmark government research that challenges the anti-aging claims of popular supplements.

Milo Yiannopoulos apologizes for remarks, quits Breitbart

Deepti Hajela, Associated Press  |  Posted  Feb 21st - 2:55pm

Polarizing right-wing writer Milo Yiannopoulos resigned as an editor at Breitbart News on Tuesday and apologized for comments he had made about sexual relationships between boys and men.

Macy's profit falls nearly 13 percent as sales drop

Anne D'Innocenzio, Associated Press  |  Posted  Feb 21st - 2:49pm

Macy's, the nation's largest department store chain, says its earnings for the quarter that includes the holiday period dropped nearly 13 percent as results were dragged down by lower sales, store closures and other costs.

Yahoo salvages Verizon deal with $350 million discount

Michael Liedtke and Tali Arbel, Associated Press  |  Posted  Feb 21st - 2:46pm

Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.

Mexico's central bank to offer peso coverage contracts

The Associated Press  |  Posted  Feb 21st - 2:30pm

Mexico's central bank says it will sell $20 billion in peso coverage contracts to cushion the risk of holding the country's currency.

Houston police chief: No injuries amid gunfire reports

The Associated Press  |  Posted  Feb 21st - 2:26pm

The police chief in Houston says no one has been found injured and there's no evidence of a shooting amid reports that shots were fired inside the hospital at the Texas Medical Center.

Liens show governor's companies owe his state $4.4 million

Michael Virtanen, Associated Press  |  Posted  Feb 21st - 2:23pm

Coal companies owned by West Virginia Gov. Jim Justice still owe his cash-strapped state $4.4 million in unpaid taxes due at least a year ago, tax liens show.

State lawmakers fear backlash from giving themselves a raise

Brian Edwards, Associated Press  |  Posted  Feb 21st - 2:14pm

Want to complain to your legislators about wage stagnation? Chances are they've gone just as long — maybe longer — without a raise.

Markets Right Now: US indexes climb to more record highs

The Associated Press  |  Posted  Feb 21st - 2:14pm

The latest on developments in financial markets (All times local):

Bull that led police chase after slaughterhouse escape dies

Karen Matthews, Associated Press  |  Posted  Feb 21st - 2:09pm

A plucky bull escaped from a slaughterhouse and led police on a wild chase through the streets on Tuesday only to die on its way to a shelter.

Higher Wyoming sales tax for K-12 hits wall in committee

Mead Gruver, Associated Press  |  Posted  Feb 21st - 2:07pm

A proposal to raise the state sales tax got a chilly reception in a legislative committee looking at what to do about Wyoming's looming education funding crisis.

The Latest: Federal investigators head to train crash site

The Associated Press  |  Posted  Feb 21st - 2:07pm

The Latest on accident involving three out-of-service commuter trains (all times local):

Shooting gets underway for Han Solo 'Star Wars' film

The Associated Press  |  Posted  Feb 21st - 2:06pm

Alden Ehrenreich has taken control of the Millennium Falcon. The Han Solo "Star Wars" spinoff has begun production.

Subway crash in railyard injured 4 near Philadelphia

The Associated Press  |  Posted  Feb 21st - 2:06pm

An out-of-service subway train rear-ended a stopped train in a railyard Tuesday, causing some cars to jump the track and hit a third train, officials said. Four people were injured, including an operator hospitalized in critical condition.

United, American begin selling cheaper economy-class fare

David Koenig, Associated Press  |  Posted  Feb 21st - 1:56pm

American and United have started selling cheaper "basic economy" fares as they battle discount airlines for the most budget-conscious travelers.