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October 23rd, 2014
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Archive: (80 Stories)

China housing slump sparks fears for economy

06/13/2014 1:00am
Six months ago, China's housing market was so red-hot that Feng Xiaowei, a sales manager at a real estate agency in the eastern city of Hangzhou, rarely took a day off.

E3 offers more ways to have fun with more than 1

06/13/2014 1:10am
Multiplayer action has been part of video-games going back to "Pong," and ever since home consoles went online, few major games are released without some way to compete or cooperate with friends.

Illinois monitors prescribing in nursing homes

06/13/2014 2:11am
Illinois officials say they've launched a program to help prevent the dangerous and inappropriate use of prescription drugs to subdue nursing home patients.

Malaysia Airlines begins insurance payments

06/13/2014 4:00am
Malaysia Airlines has begun giving out $50,000 in advance insurance payments to families of people aboard missing Flight 370, but many Chinese relatives have indicated they'll reject it.

Macau high-speed ferry hits seawall, injuring 58

06/13/2014 4:20am
A high-speed ferry heading to Macau crashed into a breakwater in the Asian gambling hub's harbor Friday, leaving 58 people with minor injuries.

Study: 20,000 elephants poached in Africa in 2013

06/13/2014 4:40am
More than 20,000 elephants were poached last year in Africa where large seizures of smuggled ivory eclipsed those in Asia for the first time, international wildlife regulators said Friday.

China plans to build up infant formula producers

06/13/2014 5:10am
China's government announced plans Friday to build up a handful of large producers of infant formula in its latest effort to revive an industry that is reeling from a scandal over tainted milk.

Ackman seeks Allergan 'poison pill' end run

06/13/2014 5:30am
Bill Ackman's Pershing Square Capital Management, seeking legal cover in its $53 billion takeover bid for Allergan, filed a lawsuit to confirm that its push for a special meeting of shareholders won't trigger a defensive "poison pill" plan from the Botox maker.

Priceline to buy restaurant reservation specialist OpenTable for $2.6B to expand services

06/13/2014 6:10am
Priceline to buy restaurant reservation specialist OpenTable for $2.6B to expand services.

Ackman seeks Allergan 'poison pill' end run

06/13/2014 6:10am
Bill Ackman's Pershing Square Capital Management, seeking legal cover in its $53 billion takeover bid for Allergan, filed a lawsuit to confirm that its push for a special meeting of shareholders won't trigger a defensive "poison pill" plan from the Botox maker.

Dakotas schools to educate farmers on farm bill

06/13/2014 6:40am
Two universities in the Dakotas are each getting close to $50,000 in federal money to help educate farmers and ranchers about the new farm bill.

US producer prices slip 0.2 percent in May on cheaper gas and food, a sign inflation is tame

06/13/2014 6:41am
US producer prices slip 0.2 percent in May on cheaper gas and food, a sign inflation is tame.

Report: BNP was warned of sanctions risk in 2006

06/13/2014 7:50am
A leading French newspaper is reporting that lawyers for BNP Paribas warned the French bank in 2006 that some of its transactions could be in violation of U.S. sanctions against Iran and other countries.

Thai junta considers $93 billion transport plan

06/13/2014 8:00am
The head of Thailand's military junta said Friday he is considering a 3 trillion baht ($93 billion) plan to build more rail lines and other infrastructure, adding more than $30 billion to a canceled project of the government it ousted.

Dollar mixed

06/13/2014 8:11am
The U.S. dollar is mixed against other North American currencies in New York trading.

Cheaper gas, food push down US producer prices

06/13/2014 8:20am
The prices U.S. companies receive for their goods and services fell in May, offering evidence that inflation is mild.

P.F. Chang's confirms credit and debit card breach

06/13/2014 8:40am
P.F. Chang's confirmed Friday that data from credit and debit cards used at its restaurants was stolen.

Media watchdog: Hungary should rethink ad tax

06/13/2014 8:40am
Hungary should reconsider its new tax on media advertising revenues because it could damage media diversity, a European media watchdog said Friday.

Open

06/13/2014 8:50am
Early trading on the Chicago Board of Trade Fri.:

Grain higher, livestock mixed

06/13/2014 9:11am
Grain futures were higher Friday in early trading on the Chicago Board of Trade.

German journalists launch crowd-funded magazine

06/13/2014 9:20am
A group of German investigative reporters have succeeded in raising enough money through crowd funding to launch a new online magazine.

State senator says Virginia budget vote a mistake

06/13/2014 10:01am
The lone Democratic senator who joined Republicans in voting for a Virginia budget says the move was made in error.

Japan kills 30 whales in 1st hunt since ICJ ruling

06/13/2014 10:01am
Japan has caught 30 whales off its northern coast in its first hunt since an international court ordered the halt of its annual expedition in the Antarctic, officials said Friday.

World stocks mixed after upbeat Intel forecast

06/13/2014 10:01am
World stock markets were mixed on Friday as investors weighed disappointing U.S. economic data and upbeat forecasts from Intel, the computer chipmaker.

Pound jumps after hint of interest rate hike

06/13/2014 10:20am
The pound jumped on Friday to reach its highest level against the dollar in nearly five years after the Bank of England's governor predicted an interest rate hike might come sooner than expected.

STOCKS IN THE SPOTLIGHT

06/13/2014 10:21am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.

NC House wraps up debate on $21B budget

06/13/2014 10:21am
The Republican-led House has given its final support to a $21 billion spending plan for North Carolina government that once again garnered several Democratic "yes" votes.

GM recalling Camaros for ignition switch problem

06/13/2014 10:31am
Ignition switches once again are causing problems for General Motors.

State, nonprofit clash over services for seniors

06/13/2014 11:01am
A dispute between the two entities responsible for providing services to Southwest Idaho seniors and vulnerable adults erupted last month, with the state having to defend itself in court and a local nonprofit organization losing a significant source of income.

Chia powder linked to salmonella illnesses

06/13/2014 11:11am
Those who seek to make food healthier by adding chia powder should avoid several recalled brands that are linked to salmonella illnesses, the Centers for Disease Control and Prevention says.

E3 unleashes next generation of gruesomeness

06/13/2014 11:20am
Game makers at this year's Electronic Entertainment Expo went for the jugular.

Waits for doctors can vary widely outside the VA

06/13/2014 11:41am
Veterans aren't the only ones who can find it tough to get a quick appointment with a new doctor.

US rig count down 6 to 1,854

06/13/2014 11:41am
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by six this week to 1,854.

Chevron sells oil assets in Chad for $1.3 billion

06/13/2014 11:51am
Chevron sold to Chad its interest in oil producing assets in the Central African nation for about $1.3 billion.

Birds, squirrels take toll on Juneau power lines

06/13/2014 12:11pm
Squirrels and birds are turning the lights out on customers in Alaska's capital.

Ex-Symantec worker from Utah indicted in $1.3M scheme

06/13/2014 12:14pm
Authorities say a federal grand jury has indicted a former marketing director from Utah at Symantec Corp. on charges of embezzling more than $1.3 million to help fund a lavish lifestyle.

Winners and losers from the E3 video-game show

06/13/2014 12:21pm
The 2014 Electronic Entertainment Expo wasn't as dramatic as last year's, when Sony and Microsoft were battling for attention in advance of the fall debuts of their new game consoles, the PlayStation 4 and Xbox One.

Amaya buying PokerStars, Full Tilt owner for $4.9B

06/13/2014 12:41pm
The owner and operator of the PokerStars and Full Tilt Poker brands is selling itself to Amaya Gaming Group Inc. in a $4.9 billion deal that is part of its plan to hopefully return to the U.S. market after a dustup with federal authorities three years ago.

Feds suggest check not done before fatal jet crash

06/13/2014 1:01pm
The crew of a private jet that crashed in Massachusetts, killing Philadelphia Inquirer co-owner Lewis Katz and six other people, did not perform a flight control check before attempting takeoff, a federal report issued Friday suggests.

Outside the VA, waits for doctors can vary widely

06/13/2014 1:01pm
Veterans aren't the only ones who can find it tough to get a quick appointment with a new doctor.

Close

06/13/2014 1:21pm
Futures trading on the Chicago Board of Trade Fri.:

Roku CEO discusses state of Internet video, TV

06/13/2014 1:22pm
If Netflix CEO Reed Hastings is the star of the Internet video-streaming phenomenon, then Roku CEO Anthony Wood is the best supporting actor.

Gold, silver rise

06/13/2014 1:31pm
The June gold contract on the New York Mercantile Exchange closed today at $1273.70 an ounce -- up 10 cents.

Crude rises

06/13/2014 1:31pm
Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 38 cents -- closing at $106.91 a barrel.

Dollar mixed

06/13/2014 1:31pm
The U.S. dollar is mixed against other North American currencies in New York trading.

Grain higher, livestock higher

06/13/2014 1:31pm
Grain futures were higher Friday on the Chicago Board of Trade.

FCC examining reasons for Internet traffic jams

06/13/2014 1:51pm
The Federal Communications Commission is setting out to unravel the mystery behind the Internet traffic jams bogging down the delivery of Netflix videos and other online content.

Egypt asks YouTube to remove video of sex assault

06/13/2014 2:01pm
Egypt has asked YouTube to remove a video of a woman being sexually assaulted in Tahrir Square during a rally supporting the country's newly elected president.

Okla. governor says she supports OHLAP scholarship

06/13/2014 2:01pm
Gov. Mary Fallin says she supports a program that provides college scholarships for low- and middle-income students and is vowing to fully fund it.

Suit: Grand Sierra Resort owes workers millions

06/13/2014 2:01pm
A lawsuit seeking millions of dollars in damages on behalf of thousands of employees at the Grand Sierra Resort and Casino in Reno claims its parent company intentionally deprived workers of wages and overtime they were entitled to by repeatedly requiring them to complete assigned chores off the clock.

Former Dodgers owner testifies in fan beating case

06/13/2014 2:41pm
Former Dodgers owner Frank McCourt testified Friday in a lawsuit filed over a severe beating at Dodger Stadium that he wasn't personally involved in security matters at the venue but did suggest a fan code of conduct.

N. Idaho respirator maker sues former president

06/13/2014 2:42pm
A northern Idaho company that makes medical respirators has filed a lawsuit against its former president and CEO contending he attempted to weaken the company so he could buy it at a reduced price or use its resources to form a rival company.

Business groups to Jindal: Don't scrap Common Core

06/13/2014 3:01pm
A coalition of Louisiana business and civic groups Friday called on Gov. Bobby Jindal to keep the Common Core education standards in Louisiana public schools, saying any attempt to unilaterally scrap them would violate "the spirit of the democratic process."

Iowa high court reinstates major pollution lawsuit

06/13/2014 3:01pm
In a major environmental case, the Iowa Supreme Court ruled Friday that residents can bring a nuisance lawsuit against a Muscatine manufacturer accused of routinely blanketing their properties with soot and chemicals.

Florida Gov. Scott signs late term abortion bill

06/13/2014 3:03pm
Under a new law, abortions will be illegal in Florida at any point in a woman's pregnancy if her doctor determines that the fetus could survive outside the womb.

Stock market rises on merger news

06/13/2014 3:21pm
A flurry of corporate deals and a positive outlook for the technology industry gave the stock market a lift Friday.

Obama point man on Detroit to join VP Biden's team

06/13/2014 3:31pm
President Barack Obama's lead coordinator on Detroit is joining Vice President Joe Biden's team.

Justice Department preparing to sue Citigroup

06/13/2014 3:31pm
The Justice Department is finalizing a lawsuit against Citigroup over the bank's sale of residential mortgage-backed securities after negotiations to resolve the matter broke down.

Jury verdict gives Facebook victory in patent case

06/13/2014 3:31pm
Facebook successfully defended itself against a lawsuit that claimed the social media company infringed on patents held by a Dutch programmer who launched a website called "Surfbook" more than a decade ago.

Markets-At-A-Glance

06/13/2014 3:31pm
A snapshot of major stock and commodities market indicators Friday:

South Dakota campus construction projects advance

06/13/2014 3:41pm
The growth and construction at South Dakota universities reflects two of the schools' recent ascent to NCAA Division I athletics status and the Board of Regents' 10-year plan, said Board of Regents Executive Director Jack Warner.

What lawmakers did, didn't do before summer break

06/13/2014 3:41pm
Late-night wrangling over hiking taxes to improve roads overshadowed Michigan lawmakers' final days in Lansing before they broke for much of the summer.

Target's final tally shows dissent against board

06/13/2014 3:51pm
Target Corp.'s final shareholder vote tally showed a rise in dissent against key board members, highlighting how a massive data breach is eroding faith among its investors.

Judge: Casino not liable in unshuffled cards case

06/13/2014 4:01pm
An Atlantic City casino does not have to pay $1.5 million won by a group of gamblers who realized the cards had not been shuffled, and can move to recover more than $500,000 it already paid them, a judge ruled Friday.

S&P raises outlook on UK by a notch to 'stable'

06/13/2014 4:01pm
Standard & Poor's is brightening its outlook for the United Kingdom amid signs that the country's economy will continue to grow at a healthy rate through next year.

Appeals court: Labor Dept violated law

06/13/2014 4:11pm
The Labor Department violated federal law when it lowered wages and worsened working conditions in the herding industry without notice or comment, an appeals court ruled Friday.

Nasty campaign done, Colombia vote hinges on peace

06/13/2014 4:21pm
The man who hopes to unseat Juan Manuel Santos as president was seething.

Baltimore police shoot cow running loose in city

06/13/2014 4:21pm
Baltimore police shot and killed a steer that escaped from a city slaughterhouse on a downtown street Friday morning, a spokeswoman said.

Check, please: Priceline buys OpenTable for $2.6B

06/13/2014 4:31pm
Priceline has negotiated a $2.6 billion entree into the restaurant business.

10 Things to Know about the California budget

06/13/2014 4:31pm
Gov. Jerry Brown, Senate President Pro Tem Darrell Steinberg and Assembly Speaker Toni Atkins, all Democrats, have agreed on the main points of a state budget for the fiscal year that will start July 1. Not all budget figures were available Friday because the administration and legislative staff were still finalizing the details. Because the budget needs only a simple majority to pass the Legislature, support from minority Republicans is not required. The Assembly and Senate have scheduled floor sessions for 4 p.m. Sunday to begin voting on the budget.

Sheheen calls for state investigation of the VA

06/13/2014 4:41pm
Democratic gubernatorial candidate Sen. Vincent Sheheen has called for South Carolina to have the power to investigate its Veteran Affairs facilities over the ongoing crisis concerning waiting times for medical appointments.

Massachusetts grants MGM license to operate casino

06/13/2014 4:41pm
MGM Springfield on Friday was named the state's first official casino operator, capping a more than two-year process that saw four other rival plans in western Massachusetts fall by the wayside.

*52-week * ‥*‥ ‥*‥ ‥*‥ ‥*‥ Sales*‥*‥*‥*‥*‥*‥*

06/13/2014 5:01pm
Trading for the week in New York Stock Exchange issues:

10 Things to Know about the California budget

06/13/2014 5:41pm
Gov. Jerry Brown, Senate President Pro Tem Darrell Steinberg and Assembly Speaker Toni Atkins, all Democrats, have agreed on the main points of a state budget for the fiscal year that will start July 1. Not all budget figures were available Friday because the administration and legislative staff were still finalizing the details. Because the budget needs only a simple majority to pass the Legislature, support from minority Republicans is not required. The Assembly and Senate have scheduled floor sessions for 4 p.m. Sunday to begin voting on the budget.

Presidential checklist: jockeying for position

06/13/2014 6:00pm
Here's a look at the who, what, when and where of the 2016 presidential contest at the cusp of summer. Why? Because more is going on than you might think two years from the event.

Stapleton elected chairman of USA Cycling

06/13/2014 6:00pm
Bob Stapleton has been elected chairman of the USA Cycling' board of directors, while Alex Nieroth has been chosen vice-chairman during the organization's meetings this week.

San Francisco tech CEO convicted of hit-and-run

06/13/2014 6:41pm
A San Francisco technology CEO has been convicted after pleading no contest to misdemeanor hit-and-run for leaving the scene of a freeway crash.

Bluegrass legend Stanley to perform in California

06/13/2014 6:43pm
The old farm boy who used to raise cattle in a place called Big Spraddle Creek says at age 87, he doesn't even raise a garden.

Obama delaying on immigration despite Cantor loss

06/13/2014 8:10pm
To the frustration of many of his supporters, President Barack Obama is backing away from immigration changes he could make on his own. He is kicking the issue to House Republicans instead, despite mounting evidence they won't address the millions of immigrants living illegally in the United States.

Philadelphia commuter rail workers go on strike

06/13/2014 11:21pm
Four hundred workers at a Philadelphia-area regional rail system went on strike Saturday morning, shutting down 13 train lines that carry commuters to the suburbs and Philadelphia International Airport.
 
   
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