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December 22nd, 2014
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Archive: (79 Stories)

Va. changes regs on long-term care insurance

07/10/2014 12:40am
Virginia regulators are encouraging long-term care insurance policyholders to take advantage of changes that strengthen protections against unintentional coverage lapses due to nonpayment.

Stigmatized nuclear workers quit Japan utility

07/10/2014 12:50am
Stigma, pay cuts, and risk of radiation exposure are among the reasons why 3,000 employees have left the utility at the center of Japan's 2011 nuclear disaster. Now there's an additional factor: better paying jobs in the feel good solar energy industry.

Top Army brass defend troubled intelligence system

07/10/2014 1:22am
When Gen. John Campbell, the Army's vice chief of staff, appeared last year at a budget hearing on Capitol Hill, he cited his son's experiences as a soldier in Afghanistan to answer a senator's tough questions about a troubled intelligence technology system.

NC State to develop hotel, conference facility

07/10/2014 2:10am
N.C. State University is announcing plans to develop a privately managed hotel and conference facility on Centennial Campus.

Apple wins EU court case on store design trademark

07/10/2014 3:00am
The European Union's highest court says Apple's characteristic retail store layout may be registered as a trademark.

No one hurt as commuter train, truck collide

07/10/2014 3:50am
Authorities say no one was hurt when a commuter train with about 50 people aboard and a truck collided in San Dimas.

Samsung faces fresh child labor claim in China

07/10/2014 4:00am
Samsung is facing a fresh accusation that one of its China suppliers hired children to meet production targets during a period of high demand from the South Korean electronics giant.

South Korea cuts growth outlook on ferry disaster

07/10/2014 4:20am
South Korea's central bank said economic growth will be slower than expected this year because consumer spending has waned following a deadly ferry sinking.

Cleanup of ND pipeline spill could last weeks

07/10/2014 4:50am
Company officials say cleanup efforts are expected to take weeks after a pipeline on North Dakota's Fort Berthold Indian Reservation leaked around 1 million gallons of saltwater.

Bank of England leaves interest rates steady

07/10/2014 5:10am
The Bank of England has kept interest rates steady at a record low of 0.5 percent and refrained from pumping more money into the economy even as the recovery gathers strength.

Hollywood 'Godzilla' finally stomps home to Japan

07/10/2014 5:21am
Tokyo is rolling out the red carpet for Hollywood's "Godzilla" remake although the nation that gave birth to the fire-breathing monster is seeing the latest movie after it opened everywhere else.

More 'headline-grabbing' corporate deals expected

07/10/2014 6:10am
More "headline-grabbing" acquisitions are likely over the coming year as businesses take advantage of a period of improving economic growth and cheap financing.

Indians balk at $33 million statue in new budget

07/10/2014 6:10am
In a country grappling with poverty, sluggish growth and a daunting deficit, India's new budget has set aside 2 billion rupees ($33 million) for a colossal iron-and-bronze statue almost twice the size of the Statue of Liberty.

Greece raises cash in 3-year bond auction

07/10/2014 6:10am
Greece has raised 1.5 billion euros ($2.04 billion) in an auction of three-year bonds, its second debt issue in three months after a long absence from the international markets.

Malaysia hikes rate to curb inflation, debt

07/10/2014 6:20am
Malaysia's central bank has raised its benchmark interest rate for the first time in three years to curb inflation and household debt as economic growth picks up.

India's new government unveils growth budget

07/10/2014 6:31am
India's new government introduced a reform-minded budget Thursday, telegraphing a contentious overhaul of populist subsidies and vowing to lift economic growth to rates of 7-8 percent by spending billions of dollars on infrastructure.

US, China talk cyberhacking amid new allegations

07/10/2014 6:50am
Top American officials said Thursday they challenged their counterparts in China to rein in alleged cybersecurity infringements as a new allegation emerged of a brazen attempt by Chinese hackers to break into U.S. government personnel files.

5 journalists jailed 10 years for Myanmar stories

07/10/2014 7:02am
Four reporters and the chief executive of the magazine they work for were sentenced Thursday to 10 years of hard prison labor for violating Myanmar's national security by writing and publishing stories about a weapons factory.

US unemployment aid applications fall to 304,000

07/10/2014 7:20am
Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.

US stocks sink on Portugal worries

07/10/2014 7:50am
U.S. stocks are dropping in early trading amid financial jitters in Europe and disappointing retail earnings.

US wholesale stockpiles rise at a slower pace in May as sales gains also weaken

07/10/2014 8:11am
US wholesale stockpiles rise at a slower pace in May as sales gains also weaken.

US wholesalers slow restocking as sales weaken

07/10/2014 8:30am
U.S. wholesale stockpiles rose in May at the weakest pace in five months as companies kept their supplies in line with slower sales.

NY emergency health facility opens after Sandy

07/10/2014 8:41am
A suburban city of 33,000 is once again receiving emergency health care after its hospital was severely damaged by Superstorm Sandy.

Average US 30-year mortgage rate rises to 4.15 pct

07/10/2014 8:50am
Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels.

Former county fair queen to lead Indiana FFA

07/10/2014 8:50am
The 2013 Bartholomew County 4-H Fair queen has traded her crown for a gavel.

WellPoint CEO: Insurer readies for technology wave

07/10/2014 9:01am
WellPoint CEO Joseph Swedish says that when people ask what a doctor's appointment will be like in the future, they assume that patients will physically have to visit an office.

Grain mixed livestock lower

07/10/2014 9:01am
Grain futures were mixed Thursday in early trading on the Chicago Board of Trade.

Palestinian death toll rises

07/10/2014 9:11am
The number of people killed in the Israeli offensive in the Gaza Strip has reached at least 85, as Israel again targeted hundreds of Hamas sites today.

Boeing raises forecast for new airplane demand

07/10/2014 9:31am
Boeing Co. raised its long-term forecast for new airplane demand by more than 4 percent, based on expected orders of smaller, more fuel-efficient planes and burgeoning travel in Asia.

Elko officials hope to fly in more vacationers

07/10/2014 9:41am
Officials in Elko hope to persuade more out-of state visitors to fly into their small airport and spend their vacations in its casinos.

Beanie Babies creator defends probation sentence

07/10/2014 9:51am
Lawyers for the billionaire creator of Beanie Babies say a federal judge didn't let him off too easily by giving him probation and no prison time for hiding at least $25 million from U.S. tax authorities in Swiss banks.

Hoping to project power, China finds itself alone

07/10/2014 10:01am
Nearly three decades after Chinese leader Deng Xiaoping famously instructed his diplomats to "be good at maintaining a low profile and never claim leadership," a new generation of rulers has made it clear that they're ready to shed the humility and show off their country's rising military and political power.

US stocks fall at midday over Portugal worries

07/10/2014 10:11am
U.S. stocks are lower at midday as fears about the health of a European bank weigh on the market.

STOCKS IN THE SPOTLIGHT

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

Lincoln mulls bus, van transit for homeless pupils

07/10/2014 11:11am
School officials in Lincoln are asking the Board of Education to acquire more buses and vans so the district no longer has to use taxis to transport homeless children to and from school.

Senate panel backs tighter rules on political cash

07/10/2014 11:31am
Members of the Democratic-controlled Senate Judiciary Committee on Thursday sent to their colleagues a long-shot proposed change to the Constitution that would rein in political spending.

TRW Automotive gets preliminary acquisition offer

07/10/2014 11:43am
Auto parts supplier TRW Automotive said Thursday that it has received a preliminary acquisition offer.

France pleads for new EU economic strategy

07/10/2014 12:01pm
France's economy minister is blaming European authorities for the lack of growth in France and Europe, and says it's time for a new economic policy that shuns austerity.

AG: High school students can't pay for UW courses

07/10/2014 12:21pm
Attorney General J.B. Van Hollen says high school students who take University of Wisconsin classes offered in their schools for college credit can't be charged tuition.

Gov. nominee: Use franchise tax for classroom

07/10/2014 1:00pm
Democratic gubernatorial nominee Rep. Joe Dorman said Thursday he wants to earmark at least $35 million from Oklahoma's franchise tax for public education.

Close

07/10/2014 1:20pm
Futures trading on the Chicago Board of Trade Thu.:

Close

07/10/2014 1:21pm
Futures trading on the Chicago Board of Trade Thu.:

State education tax battle to heat up this summer

07/10/2014 1:21pm
A low-key but high-stakes campaign is underway to win the hearts and minds of Nevada voters ahead of the general election and a crucial vote on a margins tax to fund public education.

Senate confirms housing chief to run budget office

07/10/2014 1:31pm
The Senate on Thursday confirmed President Barack Obama's housing chief as the new director of the White House budget office, completing a second-term Cabinet shuffle.

Grain mostly lower, livestock lower

07/10/2014 1:31pm
Grain futures were mostly lower Thursday on the Chicago Board of Trade.

Ace Cash Express settles debt collection claims

07/10/2014 1:31pm
Ace Cash Express Inc. has agreed to pay $10 million in a settlement with federal regulators who accused the payday lender of illegally harassing borrowers to collect debts and get them to take out additional loans.

Grain mostly lower, livestock lower

07/10/2014 1:31pm
Grain futures were mostly lower Thursday on the Chicago Board of Trade.

Agriculture industry seeks to create right to farm

07/10/2014 1:32pm
In the nation's agricultural heartland, farming is more than a multibillion-dollar industry that feeds the world. It could be on track to become a right, written into law alongside the freedom of speech and religion.

Afghan aid is dropping, but how fast is too fast?

07/10/2014 1:41pm
Civilian assistance to Afghanistan was always slated to shrink with America's military footprint, but U.S. aid officials were caught off-guard when Congress, upset by testy relations with Afghan President Hamid Karzai, slashed civilian aid by 50 percent this year.

UH officials told to plan for flat tuition

07/10/2014 1:41pm
University of Hawaii administrators will make two years of operating-budget plans without the promise of an increase in tuition.

Compounding pharmacy oversight changes signed

07/10/2014 1:50pm
Two years after a deadly nationwide meningitis outbreak linked to a compounding pharmacy in Massachusetts, Gov. Deval Patrick on Thursday signed a law he said would address a "gray area" between state and federal oversight of the pharmacies.

US stocks end lower after bank scare in Europe

07/10/2014 2:21pm
U.S. stocks are ending lower as fears about the health of a European bank weigh on the market.

Chelsea Clinton speaking fees can reach $75,000

07/10/2014 2:21pm
Like her high-profile parents, Chelsea Clinton is becoming a draw on the speaking circuit, with some organizations shelling out as much as $75,000 per speech.

FTC sues Amazon over kids' app charges

07/10/2014 2:41pm
The Federal Trade Commission is suing Amazon over charges that the company has not done enough to prevent children from making unauthorized in-app purchases, according to a complaint filed Thursday in federal court.

California man gets 15-year prison sentence for economic-espionage conviction involving China

07/10/2014 2:41pm
California man gets 15-year prison sentence for economic-espionage conviction involving China.

NC Gov. McCrory says he'd veto Senate pay plan

07/10/2014 3:01pm
Gov. Pat McCrory said Thursday he'd veto any North Carolina budget plan on his desk that raises teacher pay dramatically like the Senate wants because it would mean huge cuts elsewhere to pay for it.

Remington to replace triggers on some rifles

07/10/2014 3:11pm
The gun manufacturer Remington Arms Co. will replace trigger mechanisms on Model 700 bolt-action hunting rifles, or provide some compensation to buyers, as part of a settlement of class-action lawsuits, the company said Thursday.

Crater Lake: a spectacular hike, a cold swim

07/10/2014 3:11pm
"Photos don't do it justice." That's what I'd heard from almost everyone I spoke with before embarking on my very first trip to Crater Lake National Park.

Verizon adds 1.4M long-term wireless plans in 2Q

07/10/2014 3:21pm
Verizon added more than 1.4 million long-term wireless subscribers in the second quarter, with strong gains in both smartphones and tablets, the company said Thursday.

Portuguese bank fears rekindle euro market tension

07/10/2014 3:31pm
The specter of Europe's financial crisis is back to haunt investors.

Nasdaq SUMMARY

07/10/2014 3:31pm
Most active Nasdaq issues.

European banking scare sends stocks lower

07/10/2014 3:51pm
Stocks fell Thursday as worries about the soundness of a European bank spooked U.S. investors, prompting them to sell stocks and snap up less risky assets like gold and governments bonds.

Fed No. 2 Fischer says care needed to avert crisis

07/10/2014 3:51pm
The Federal Reserve's new No. 2 official says regulators must continue to work to end the need for the government to bail out big banks in a crisis. Stricter capital requirements, rather than breaking up the biggest banks, is the better remedy, he says.

Union pulls black college support after Koch gift

07/10/2014 4:01pm
A powerful government workers' union will end its support for the United Negro College Fund after the group accepted $25 million from the conservative powerhouse Koch brothers and the college fund's president appeared at a Koch event.

Mercy Health Network gets $10M federal grant

07/10/2014 4:01pm
Hospitals and clinics affiliated with Mercy Medical Centers in Des Moines, Mason City, and Sioux City have won a $10.1 million federal grant from the U.S. Department of Health and Human Services.

California man sentenced to 15 years for espionage

07/10/2014 4:11pm
A federal judge on Thursday sentenced a California chemical engineer to 15 years in prison and fined him $28.3 million for a rare economic-espionage conviction for selling China a secret recipe to a widely used white pigment.

Corbett signs budget, takes on lawmakers, pensions

07/10/2014 4:11pm
Gov. Tom Corbett signed the state budget 10 days late on Thursday and used his line-item veto power to spotlight what he called the Legislature's failure to sacrifice with the rest of government or to curb rising public-sector pension costs that are fueling school tax increases.

Aereo presses case despite Supreme Court setback

07/10/2014 4:21pm
Aereo, the television-over-the-Internet service that suspended operations after the Supreme Court ruled against it, is refusing to disband for good.

Cupcake chain Crumbs in talks, could rise again

07/10/2014 4:21pm
Will cupcake chain Crumbs get new dough and rise again?

UAW: 'Consensus' reached with Volkswagen on union

07/10/2014 4:31pm
United Auto Workers leaders said Thursday they have reached a "consensus" with Volkswagen and expect the German automaker to recognize the union if they sign up enough workers at a new local for the company's assembly plant in Tennessee.

Dayton names 16 to study impact of marijuana law

07/10/2014 4:41pm
Gov. Mark Dayton on Thursday appointed 16 members to a task force that will study the impact of the state's new medical marijuana law.

Faster deportations? A possible border crisis deal

07/10/2014 5:21pm
Outlines of a possible compromise that would more quickly deport minors arriving from Central America emerged Thursday as part of President Barack Obama's $3.7 billion emergency request to address the immigration crisis on the nation's southern border.

Nevada gambling board has first medical pot case

07/10/2014 5:50pm
Nevada gambling regulators are making their first foray into the world of medical marijuana in a case involving a slot route operator with ties to one of the new medical pot dispensaries in Las Vegas.

Retrial of federal agent begins in Hawaii killing

07/10/2014 6:41pm
The attorney for a federal agent charged with murder in Hawaii told jurors Thursday that the defendant acted in line with his law-enforcement training when he shot and killed a man inside a fast-food restaurant in 2011.

State wants mediation over Medicaid billing system

07/10/2014 6:51pm
The state of Alaska has requested mediation over what it considers a failure by the vendor Xerox Corp. to address problems with Alaska's new Medicaid payment system.

House GOP moves ahead on suing Obama

07/10/2014 8:01pm
House Republicans have taken the initial step in suing President Barack Obama over the administration's decision to delay the employer mandate of the health care law.

Cleanup area extends nearly 2 miles after ND spill

07/10/2014 9:01pm
The path of brine spilled from an underground North Dakota pipeline extends nearly 2 miles down a steep ravine, but dead vegetation is limited to about 200 yards from the source of the spill, a company official said Thursday.

Asian stocks weak amid new Europe jitters

07/10/2014 10:21pm
Asian stock markets were muted Friday, following the lead of Wall Street traders spooked by worries about the soundness of a bank in Portugal that raised the specter of more financial turmoil in Europe.
 
   
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