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December 27th, 2014
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Archive: (75 Stories)

Bloomberg offers grants to help cities innovate

08/20/2014 12:30am
American cities looking to be more innovative in how they address local issues can now get a helping hand from former New York City Mayor Michael Bloomberg's charitable foundation.

Japan trade deficit widens, exports up slightly

08/20/2014 2:50am
Japan's trade deficit rose in July from the month before to a wider than expected 964 billion yen ($9.4 billion), though exports were higher for the first time in three months, the government said Wednesday.

Drop in Russian beer sales hurts Carlsberg

08/20/2014 2:50am
Beer sales in Russia, Ukraine and other Eastern European countries are down and expected to keep falling as political tensions weigh on the region's economy, brewer Carlsberg said Wednesday.

81 schools used financial literacy program

08/20/2014 3:10am
State Treasurer Don Stenberg says 81 Nebraska high schools took advantage of a new, state-sponsored financial literacy program in the last school year.

Ukraine's rebel capital seeks ersatz normality

08/20/2014 3:11am
It has been weeks since Donetsk last had a traffic jam.

Belvidere teachers go to work without contract

08/20/2014 3:11am
Teachers in Belvidere have returned to their classrooms without a contract.

Dan Sullivan wins Alaska's GOP US Senate primary

08/20/2014 3:12am
A tea party attempt to overcome a mainstream Republican came up short in Alaska as former state Attorney General Dan Sullivan won the GOP primary to become his party's candidate to take on U.S. Sen. Mark Begich in the fall.

Lowe's 2Q profit rises as weather improves

08/20/2014 5:10am
Lowe's second-quarter net income increased 10 percent, bolstered by improving weather.

Massachusetts cutlery maker files for bankruptcy

08/20/2014 6:50am
The nation's oldest cutlery manufacturer has filed for bankruptcy after 177 years of making knives and other kitchen tools.

A sampling of editorials from around New York

08/20/2014 7:10am
The Daily Gazette of Schenectady on government transparency and New York's policy for purging emails.

Metropolitan Opera reaches deal with stagehands

08/20/2014 7:40am
New York City's Metropolitan Opera reached a deal early Wednesday with its stagehands and said it expects to avert a lockout by reaching agreements with the remaining unions.

Stocks open lower after two straight gains

08/20/2014 7:41am
U.S. stocks are opening lower after two straight days of gains.

AP Analysis: Steep obstacles to any Gaza deal

08/20/2014 8:20am
Renewed Israel-Hamas fighting after the collapse of truce talks in Cairo highlights the steep obstacles to ending the Gaza war. Israel's leadership is under domestic pressure not to hand achievements to Hamas after the Islamic militant group fired thousands of rockets at Israel in the past six weeks. Hamas feels it can't afford to settle for vague Israeli promises about an easing of the blockade of the strip after a war that killed more than 2,000 Gazans and left 100,000 homeless. With chances for diplomacy fading, there's a risk of protracted fighting. Here's a look at what each side wants.

Sullivan beats tea party in Alaska GOP Senate race

08/20/2014 8:21am
Former state Attorney General Dan Sullivan became the latest mainstream Republican to turn back a tea party challenger, winning the Alaska GOP primary to become his party's candidate to take on U.S. Sen. Mark Begich in the fall.

Medicaid insurers seek more from state

08/20/2014 8:21am
Companies that insure Medicaid patients in Massachusetts are pressing for an increase in the payments they receive from the state for serving low-income residents.

Davenport University reveals employment guarantee

08/20/2014 8:30am
Davenport University says it plans to offer an employment guarantee for all accounting students.

Egypt says rolling blackouts to end in 4 months

08/20/2014 8:51am
Egyptian officials promised Wednesday to end rolling power blackouts that have plagued the country within four months, blaming the outages on a fuel shortage, hot weather and poor maintenance of power plants.

Merkel Ukraine role mirrors rising German ambition

08/20/2014 8:51am
Chancellor Angela Merkel's emergence as a leader in efforts to resolve Ukraine's crisis — showcased by a visit to Kiev this weekend — underlines Germany's increasing ambition to transform itself from economic power to diplomatic heavyweight.

Open

08/20/2014 8:51am
Early trading on the Chicago Board of Trade Wed.:

Residents push Tangipahoa board on desegregation

08/20/2014 8:51am
Members of Tangipahoa Parish's black community gathered at the school system's central office Tuesday to demand the school board abandon its pursuit of a modified desegregation plan.

Baby left at medical center under safe haven law

08/20/2014 9:00am
The state Department of Human Services says someone left a baby at an Iowa medical center under Iowa's safe haven law.

Some Bank of England board members seek rate hike

08/20/2014 9:01am
The Bank of England's consensus on maintaining record-low interest rates has crumbled after more than three years, with two members of the central bank's monetary policy committee voting to increase borrowing costs this month.

Heineken reports sales, profit drop in first half

08/20/2014 9:20am
Heineken NV, the Amsterdam-based brewer, has reported first half earnings that show a small drop in both revenues and profits — but says its underlying performance was good.

Macy's to pay $650,000 in shopper-profiling probe

08/20/2014 9:30am
Macy's has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan's Herald Square.

Report criticizes state's school reform deal

08/20/2014 9:40am
The Missouri education department's process for seeking bids from consultants to study a possible overhaul of the Kansas City school district was biased and included potential conflicts of interest, according to an auditor's report.

Zimbabwe economy takes another dive

08/20/2014 9:42am
It is 4 a.m. and people are already lining up outside Zimbabwe's main passport office — four hours ahead of opening time — in hopes of securing a passport that will allow them to escape their country's dearth of opportunities and search for work abroad.

German govt backs authors in spat with Amazon

08/20/2014 9:50am
Germany's top culture official has voiced support for hundreds of authors who claim they're being discriminated against by online retailer Amazon amid negotiations with their publisher.

Trading in US stocks subdued ahead of Fed minutes

08/20/2014 10:01am
U.S. stocks are drifting in midday trading as traders wait for the latest news from the Federal Reserve.

Global cruise lines set sail for China

08/20/2014 10:21am
Royal Caribbean's newest ship has attractions not usually seen on cruise liners, including bumper cars, a skydiving simulator and a glass observation capsule on a mechanical arm that lifts its passengers high into the air.

STOCKS IN THE SPOTLIGHT

08/20/2014 10:21am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.

Yellen to give her outlook as Fed honeymoon fades

08/20/2014 10:31am
Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the U.S. economy through a grave crisis by slashing interest rates and restoring confidence in banks. Yellen has so far carried on his approach with barely a hiccup.

Mandatory Pa. casino theft fine ruled tossed out

08/20/2014 10:40am
The Pennsylvania Supreme Court has ruled unconstitutional a mandatory $75,000 fine imposed on a Pittsburgh casino poker dealer convicted of having stolen $200 worth of chips.

Texas man knows how to jam, while helping others

08/20/2014 10:40am
Nolan Stilwell steps into his black chef's jacket. He's moving slowly, thoughtfully. His father, Randy Stilwell, helps with the sleeves and buttons. Normally Nolan would don a gauzy white cap to work in the kitchen, but today he has a show to put on. He goes instead with a snug black hat emblazoned with the words "The Jam Man" across the front, and a big smile.

Yellen to give her outlook as Fed honeymoon fades

08/20/2014 11:10am
Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks. Yellen has so far carried on his approach with barely a hiccup.

B&N, Samsung unveil reading-focused Nook tablet

08/20/2014 11:10am
Barnes & Noble and Samsung unveiled a new reading-focused tablet that will replace the bookseller's own Nook tablets.

Paralysis rehabilitation clinic breaks ground to help growing need

08/20/2014 11:58am
An innovative rehab clinic has bucked the traditional rehab business model to give patients a better life. The clinic was started by Dr. Dale Hull, a local doctor who started it after a trampoline accident left him a quadriplegic.

Target cuts outlook as breach fallout lingers

08/20/2014 12:01pm
Target Corp. slashed its annual profit outlook for the second time in three months as the retailer reels from a massive customer-data breach, a botched Canadian expansion and sluggish U.S. sales.

Chip maker Infineon to buy California firm for $3B

08/20/2014 12:11pm
German chip maker Infineon Technologies AG says it has agreed to pay $3 billion in cash for California-based semiconductor firm International Rectifier, which produces power-management components used in everything from cars to satellites.

US warns travelers of canceled Venezuela flights

08/20/2014 12:21pm
Come to Venezuela and you might get a longer trip than you bargained for.

Reward offered for former billionaire's assets

08/20/2014 12:41pm
The trustee representing Yellowstone Club creditors offered a reward Wednesday to anyone who can help uncover property or bank accounts the luxury resort's co-founder might have hidden from bankruptcy proceedings.

Dubai's Nakheel to pay $2.1 billion in debt early

08/20/2014 12:41pm
Dubai's developer Nakheel behind the famed man-made palm-shaped islands said Wednesday it is repaying 7.9 billion dirhams, or roughly $2.15 billion this month — nearly four years before the last installment is due.

Close

08/20/2014 1:21pm
Futures trading on the Chicago Board of Trade Wed.:

US government sells 400,000 acres in Gulf of Mexico off Texas coast

08/20/2014 1:31pm
The federal government has sold more than 400,000 acres in the western Gulf of Mexico off the Texas coast for oil and gas exploration and development.

Grain lower, livestock lower

08/20/2014 1:32pm
Grain futures were lower Wednesday on the Chicago Board of Trade.

Missouri bus riders to buckle seat belts

08/20/2014 1:51pm
A year ago, 22 Pembroke Hill students and their driver sustained injuries when their school bus slid off a Kansas highway ramp, tipped and slammed onto the ground.

Project Search helps Kansas adults find jobs

08/20/2014 1:51pm
The transition from the safe environment of high school to the realities of the working world can be rough for anyone, but add a developmental disability and the road to the real world can be that much bumpier.

Federal agency has questions about hospital deals

08/20/2014 2:01pm
Gov. Bobby Jindal's revised financing plan for six LSU hospital privatization deals is running into questions from federal health officials who rejected a previous version.

Some Fed officials want to slow economic help soon

08/20/2014 2:02pm
Some Federal Reserve officials think the U.S. economy is improving fast enough that the Fed will need to act sooner than previously thought to slow the extraordinary support it's been providing through ultra-low interest rates.

Brine firm sues over biblical fracking billboard

08/20/2014 2:10pm
An Ohio man who uses a biblical reference and a statement against "poisoned waters" on billboards opposing wells for disposal of gas-drilling wastewater is fighting a legal threat from the Texas well owner on free-speech grounds.

Feds order reinstatement of nuclear whistleblower

08/20/2014 2:31pm
A Hanford Nuclear Reservation contractor has been ordered to reinstate a worker who the U.S. Department of Labor says was fired for voicing concerns about nuclear and environmental safety, officials said Wednesday.

Apple's stock bounces back to hit a new high

08/20/2014 2:40pm
Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.

EEOC files lawsuit against Food Lion over firing

08/20/2014 2:41pm
The U.S. Equal Employment Opportunity Commission has filed a discrimination lawsuit against supermarket chain Food Lion, saying it fired a Jehovah's Witness who requested certain days off for his religion.

Lottery revenue for scholarships drops to $41M

08/20/2014 2:51pm
The New Mexico Lottery generated $40.9 million in the most recent budget year for a popular college scholarship program but the revenue is down about 6 percent because of a slump in ticket sales.

Obama weighs broader move on legal immigration

08/20/2014 3:01pm
President Barack Obama is considering key changes in the nation's immigration system requested by tech, industry and powerful interest groups, in a move that could blunt Republicans' election-year criticism of the president's go-it-alone approach to immigration.

German retailer opening US flagship in Cincinnati

08/20/2014 3:11pm
Picture this: A woman walking down the street wearing a dirndl skirt and bust-hugging bodice paired with ankle boots. Or a man sporting lederhosen — leather shorts, traditionally worn with suspenders — with a T-shirt and sneakers.

Feds say oil spill sheen dissipating in Ohio River

08/20/2014 3:21pm
Most of a reddish-brown sheen created by thousands of gallons of fuel oil that spilled into the Ohio River from a power plant was dissipating as a cleanup estimated to cost hundreds of thousands of dollars a day continued Wednesday, federal officials said.

Texas regulators OK expanding nuclear waste site

08/20/2014 3:21pm
Depleted uranium from federal energy facilities can be buried at a nuclear-waste dumping site in West Texas, state regulators decided Wednesday.

Warren Buffett's firm to pay $896,000 penalty

08/20/2014 3:22pm
Warren Buffett's company has agreed to an $896,000 penalty for failing to tell regulators about a December 2013 investment in wallboard maker USG Corp. beforehand.

Markets-At-A-Glance

08/20/2014 3:40pm
A snapshot of major stock and commodities market indicators Wednesday:

Nasdaq SUMMARY

08/20/2014 3:41pm
Most active Nasdaq issues.

Arkansas lottery to close regional claim centers

08/20/2014 3:50pm
The Arkansas lottery is to close three regional claim centers in a move that will make an extra $381,000 available for college scholarships. Six jobs will be lost.

Texas Gov. Perry formally enters not guilty plea

08/20/2014 4:11pm
Republican Texas Gov. Rick Perry has formally pleaded not guilty to criminal charges of leveraging his power to try to oust a Democratic district attorney convicted of drunken driving, according to court documents obtained Wednesday.

Pryor's 'Obamacare' ad highlights his cancer fight

08/20/2014 4:30pm
U.S. Sen. Mark Pryor reached into his own medical history Tuesday to explain his vote on the nation's new health care law, telling Arkansans his battle with a rare cancer 18 years ago influenced him.

Social media pushes back at militant propaganda

08/20/2014 4:40pm
The extremists of the Islamic State group have turned their social media into a theater of horror, broadcasting a stomach-turning stream of battles, bombings and beheadings to a global audience.

Peanut, almond and nut butters recalled on fears of salmonella

08/20/2014 5:22pm
The FDA announced Tuesday that nSpired Natural Foods Inc. is voluntarily recalling several lots of peanut, almond and other nut butters on fears of salmonella contamination. The nationwide recall also includes nut butters sold in Smith's Food and Drug stores.

Why Bank of America deal might not cost it $17B

08/20/2014 5:31pm
How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much.

McConnell, Grimes spar at Kentucky farm forum

08/20/2014 5:41pm
Kentucky's U.S. Senate candidates had a hard time talking about farming without slinging mud.

APNewsBreak: B ofA reaches $17B settlement with US

08/20/2014 5:42pm
Bank of America has reached a record settlement of nearly $17 billion to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday.

Argentina defends plan to pay creditors outside US

08/20/2014 6:21pm
Argentina will make its next round of scheduled debt payments, the economy minister said Wednesday as he defended a new plan to pay creditors locally and avoid the jurisdiction of a U.S. court that forced the country into default last month.

NC legislators approve regulating toxic coal ash

08/20/2014 6:40pm
North Carolina lawmakers have approved legislation they say makes the state the nation's first to address decades of toxic water pollution from residue left behind by coal-burning electricity plants.

Casino workers turn to prayer to save their jobs

08/20/2014 6:50pm
They've turned to politicians, bureaucrats, businessmen and union reps to try to save their jobs at three Atlantic City casinos scheduled to close soon. Now, hundreds of soon-to-be unemployed dealers, cocktail servers and hotel workers are turning to what many say could be their last, best chance.

Main subway line blacked out in Chile's capital

08/20/2014 7:00pm
A power failure has knocked out the main subway line in Chile's capital, trapping thousands of riders and throwing Santiago's evening rush hour into chaos.

McConnell, Grimes spar at Kentucky farm forum

08/20/2014 7:01pm
What was supposed to be a forum on agriculture turned into a political slugfest as the candidates in a key Senate race traded verbal blows on everything from attendance in committee meetings to allegations of improper campaign finance.

Growth in China manufacturing weakens in August

08/20/2014 9:40pm
Growth in China's vast manufacturing industry weakened in August, suggesting that the recovery in the world No. 2 economy is losing momentum and Beijing may need to spoon out more stimulus.

Brazil expands labor rights for domestic workers

08/20/2014 10:10pm
Nivea dos Santos got her first job as a live-in maid at age 12, dusting, vacuuming, ironing and polishing the silver of a wealthy Rio de Janeiro family from dawn until she'd fall, exhausted, into bed. More than two decades later, Brazil has passed legislation aimed at preventing such abuses.
 
   
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