May 22, 2013
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Associated Press Shoppers look through a window at Tiffany & Co.'s store in Columbus, Ohio. The jewelry retailer said Friday that its fourth-quarter net income edged up less than 1 percent, but managed to beat Wall Street predictions.
Tiffany’s 4th quarter earnings rise
NEW YORK — Tiffany says its fourth-quarter net income edged up less than 1 percent, but still beat Wall Street predictions as strong customer demand in Asia for its pricey baubles offset weakness i...
Mar 24, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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ALLIE DOUGLASS | The Sun South Side Machine Shop supplies USEC in Paducah with machine parts and is planning beyond May 31 as if USEC will not be in operation.
The trickle down effect
The United States Enrichment Corp. is one of South Side Machine Shop’s three largest customers, said Seth Cronch, sales manager for the machine shop on Wayne Sullivan Drive. Cronch said for arou...
Mar 24, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Coca-Cola to cut 750 US jobs
NEW YORK — Coca-Cola says it’s cutting 750 jobs in the U.S. as it continues to streamline its business. The world’s biggest beverage maker says the jobs cuts will be across the board and that af...
Mar 22, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Union-backed amendment delays bill about fracking
SPRINGFIELD, Ill. — The sponsor of a bill to regulate high-volume oil and gas drilling in Illinois said there still is time to pass the measure this spring, even though it was delayed in a House co...
Mar 22, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press Employees of Laiki bank (left) push barriers as riot police try to stop them during an anti-bailout protest Thursday outside the Cypriot parliament in Nicosia. Cypriot officials were scrambling to cement a revised plan to raise funds demanded by international creditors in exchange for an international bailout Thursday.
Cyprus rushes bailout plan as clock ticks
NICOSIA, Cyprus — Cypriot politicians moved Thursday to restructure the country’s most troubled bank as part of a broader bailout plan that must be in place by Monday to avoid financial ruin. Conce...
Mar 22, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Freddie Mac accuses big banks of rigging rates, causing losses
WASHINGTON — Freddie Mac has sued 15 big international banks, including JPMorgan Chase, Bank of America and Citigroup, accusing them of rigging a key interest rate and causing huge losses for the g...
Mar 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press Garlic and shallots vendors wait for customers Wednesday at a market in Jakarta, Indonesia. The price of beef, the main ingredient in bakso, has hit a record high while other essential ingredients -- garlic, shallots and chillies -- have also skyrocketed.
Indonesia beef prices soar amid drive
JAKARTA, Indonesia — Haji Hidayat makes his living selling one of Indonesia’s most popular dishes: a tasty meatball soup known as bakso. Earlier this week, after 22 years he decided to take a b...
Mar 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press A drilling rig is set up to tap gas in 2011 in Springville, Pa. Some of the nation's biggest energy companies and environmental groups announced Wednesday that they have agreed on a voluntary set of standards for gas and oil fracking in the Northeast.
Opposing sides agree on fracking standards
PITTSBURGH — Some of the nation’s biggest oil and gas companies have made peace with environmentalists, agreeing to a voluntary set of tough new standards for fracking in the Northeast that could l...
Mar 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press U.S. Treasury Secretary Jacob Lew (left) speaks with Chinese Premier Li Keqiang during their meeting Wednesday at the Zhongnanhai diplomatic compound in Beijing. Lew has stressed China's and America's shared interest in ensuring global economic growth in the meeting.
Envoy presses China over hacking
BEIJING — U.S. Treasury Secretary Jacob Lew pressed Chinese leaders over computer hacking and for help with North Korea during two days of talks that ended Wednesday. Lew’s visit to Beijing was ...
Mar 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Airlines raise profit outlook
GENEVA — The global airline industry has forecast a modest improvement in global net profits for 2013, crediting a backdrop of rising optimism about the world’s economy — particularly in the United...
Mar 21, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
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