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Southwest Airlines mechanics approve contract, 20% raise

The Associated Press  |  Posted May 22nd - 11:11am

Southwest Airlines mechanics have approved a five-year contract that adds up to a 20% raise.

On the Money: How new rules for debt collectors affect you

Ken Sweet, Associated Press  |  Posted May 22nd - 10:32am

The next text message you receive may not be a funny picture from your mom, or an update on how late your friend will be to brunch.

Small business cultures need to evolve along with work force

Joyce M. Rosenberg, Associated Press  |  Posted May 22nd - 10:18am

Meloney Perry once worked at a traditional big law firm with a formal, corporate atmosphere, and knew she wanted a different culture at her own firm.

Bankruptcy judge to approve sale of Reading Eagle

Michael Rubinkam, Associated Press  |  Posted May 22nd - 10:06am

A federal bankruptcy judge said Wednesday he intends to approve the sale of the Reading Eagle to a large newspaper chain known for taking over struggling papers and then making deep newsroom cuts.

Former Senate Majority Leader Daschle joins cannabis board

The Associated Press  |  Posted May 22nd - 10:02am

Former Senate Majority Leader Tom Daschle has been named to an advisory board of a cannabis investment company.

Mnuchin says he was unaware of IRS memo on tax returns

Martin Crutsinger, Associated Press  |  Posted May 22nd - 9:42am

Treasury Secretary Steven Mnuchin said Wednesday he has no idea who wrote a confidential Internal Revenue Service legal memo that says that tax returns must be given to Congress unless the president asserts executive privilege.

Donald Trump Jr. has book out later this year

The Associated Press  |  Posted May 22nd - 9:39am

Donald Trump Jr. has a book coming out later this year featuring his "views and perspectives" on the political scene and his father's presidency.

China cuts taxes to spur chip makers in face of US pressure

Joe McDonald, Associated Press  |  Posted May 22nd - 9:33am

China is cutting taxes on its fledgling software and integrated circuit industries as U.S. export controls threaten to handicap Chinese tech companies.

Mexico president says government will help Pemex until 2021

The Associated Press  |  Posted May 22nd - 9:14am

Mexico President Andrés Manuel López Obrador says his government will support the state-owned oil company with all the budget it needs and tax relief until 2021.

Judge rules Qualcomm violated antitrust law in chip market

Tali Arbel and Michael Liedtke, Associated Press  |  Posted May 22nd - 9:08am

A federal judge has ruled that Qualcomm unlawfully squeezed out cellphone chip rivals and charged excessive royalties to manufacturers such as Apple in a decision that undercuts a key part of its business.

Mild winter, previous work leaves NJ beaches in great shape

Wayne Parry, Associated Press  |  Posted May 22nd - 9:01am

A mild winter and previously completed replenishment projects have left New Jersey's beaches in great shape for the start of the summer tourism season.

Grains mostly lower, livestock lower

The Associated Press  |  Posted May 22nd - 8:55am

Grain futures were lower Thursday in early trading on the Chicago Board of Trade.

Ski resort execs, businessman, indicted on fraud charges

Lisa Rathke, Associated Press  |  Posted May 22nd - 8:53am

The former owner and former president of a Vermont ski resort accused in a multimillion-dollar fraud case have been indicted on multiple federal charges over a failed plan to build a biotechnology plant using foreign investors' money.

The Latest: Qualcomm defeat might not lower phone prices

The Associated Press  |  Posted May 22nd - 8:47am

The Latest on federal judge's ruling against Qualcomm (all times local):

Stocks fall as technology shares slid; oil falls 3%

Damian J. Troise, Associated Press  |  Posted May 22nd - 8:34am

Technology and energy companies, along with retailers, pushed the stock market broadly lower in midday trading on Wall Street Wednesday.

Prada latest luxury fashion house to go fur-free

The Associated Press  |  Posted May 22nd - 8:33am

The Prada Group has become the latest luxury fashion house to go fur-free.

Borgata casino unveils $12M sports bet, nightspot project

Wayne Parry, Associated Press  |  Posted May 22nd - 8:08am

Atlantic City's Borgata casino is investing $12 million in a new sports betting and entertainment project.

Virginia airline founder charged with fraud, tax evasion

The Associated Press  |  Posted May 22nd - 8:01am

The leader of an ill-fated effort to revive the People Express airline has been indicted on fraud and tax evasion charges.

Markets Right Now: Stocks fall on trade, Qualcomm ruling

The Associated Press  |  Posted May 22nd - 7:44am

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