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Archive: (13 Stories)

US businesses worry about a prolonged shutdown

10/02/2013 4:26am
As the government's partial shutdown enters a second day, most companies across the country are doing business as usual. Yet concern is rising that a prolonged shutdown would cause some work at private companies to dry up and consumers to lose faith in the U.S. economy.

Evite now selling paper invitations for first time

10/02/2013 4:39am
Evite is going the paper route. The website, which pioneered digital invitations 15 years ago, is launching paper invites for the first time.

Revlon CEO Ennis resigns from post

10/02/2013 9:03am
Makeup company Revlon Inc. said Wednesday that CEO Alan Ennis is leaving to pursue other interests.

Ryanair slapped with fine in French labor dispute

10/02/2013 9:24am
Budget airline Ryanair has been ordered to pay almost 8 million euros ($10.8 million) in damages and interest for breaking French labor law, according to a lawyer for a group of the carrier's French pilots.

APNewsBreak: Enterprise Holdings to hire 11,000

10/02/2013 10:25am
Enterprise Holdings, the nation's largest rental car company, plans to hire 11,000 new full-time workers by the middle of next year.

KPN shareholders approve E-Plus sale

10/02/2013 11:14am
Shareholders of Dutch telecom Royal KPN NV blasted company managers for their recent performance at a meeting Wednesday but approved the sale of the company's German mobile subsidiary, E-Plus, for $11.4 billion to Telefonica SA of Spain.

Re/Max surges in 1st day of trading on the NYSE

10/02/2013 12:06pm
Shares of Re/Max jumped in the real estate brokerage's first day on the New York Stock Exchange.

Southwest fires captain in troubled NYC landing

10/02/2013 1:54pm
Southwest Airlines has fired the captain of a plane that landed so hard at New York's LaGuardia airport that its nose gear collapsed.

Review-Journal parent execs seek out from Sun case

10/02/2013 2:31pm
The corporate owners of the Las Vegas Review-Journal want a federal judge to drop two top executives and three business entities from a lawsuit by the editor-publisher of the rival Las Vegas Sun that aims to block a buyout attempt.

Burlington Stores shares climb in market debut

10/02/2013 2:59pm
Shares of Burlington Stores Inc. soared in their trading debut Wednesday, underscoring investors' appetite for a stake in retailers who sell popular brands at deep discounts.

News Summary: Burlington's IPO has strong debut

10/02/2013 3:40pm
A SUCCESSFUL DEBUT: Shares of Burlington Stores Inc. soared 47 percent on their trading debut Wednesday while the broader markets closed lower.

Icon of NYC makes debut with Empire State IPO

10/02/2013 3:57pm
Throngs of tourists ascend the Empire State Building daily to gape out over New York. Now investors can also be part of the story of the skyscraper made famous in films such as "Sleepless in Seattle" and "King Kong."

UTX may furlough 5K workers due to gov't shutdown

10/02/2013 5:29pm
United Technologies Corp. says it may furlough more than 5,000 workers if the U.S. government shutdown continues into next month.