May 18, 2013
Business News
World finance leaders issue sober assessment
WASHINGTON — World finance leaders issued a somber assessment on Saturday of the global economy, saying the recovery remains uneven with growth and jobs in short supply. The steering committee f...
Apr 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Suitors back away from Dell bids amid PC slump
Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell, and billionaire investor Carl Icahn is reportedly unlikely to follow through on his preliminary acquisition offer, as s...
Apr 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Did you know a simplified home office tax deduction is on the way for 2013 tax returns? How about the additional Medicare tax? Preparing for 2013 tax returns the same month you receive your 2012 refund can feel like tax overload, but the preparation may land you more money in a year, according to two local Certified Public Accountants.
Mind your Ps and Qs on tax returns
This is going to feel like eating your vegetables first. Or perhaps it will feel like doing all of your homework and chores on Friday evening to have the weekend free. Whatever anti-procrastinat...
Apr 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Airlines battle furlough
WASHINGTON — Predicting a nightmarish air travel snarl that will stretch from coast to coast, the airline industry and the nation’s largest pilots union joined forces Friday to sue the Federal Avia...
Apr 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press
People fill out applications at the Green Mountain Flagging table at the Central Vermont Job Fair in Montpelier, Vt., on April 3. The Labor Department reported Thursday that the number of Americans who applied for unemployment benefits in the last week increased.
US jobless aid applications rise
WASHINGTON — The number of Americans seeking unemployment benefits increased just 4,000 last week to a seasonally adjusted 352,000. The slight gain kept applications at a level consistent with soli...
Apr 19, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press
Christian P. Illek, manager of Microsoft Germany, talks at the world's largest computer expo in Hanover, Germany, on March 4.
Microsoft beats Street, readies mobile devices
NEW YORK — Microsoft is working with manufacturers to produce a line of small touch-screen devices powered by Windows, apparently intended to compete with 7-inch tablets like the iPad Mini and Amaz...
Apr 19, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press
A mechanized shovel loads a haul truck at the Spring Creek coal mine near Decker, Mont on April 4. From the time coal is blasted from strip mines in remote southeastern Montana to the point where it reaches customers in Asia, the fuel's price is marked up five times or more, offering a lucrative emerging market for the companies that ship it overseas. As the federal government investigates whether companies are unfairly bilking the treasury by paying royalties based on a far lower coal price, one of the industry's main players, Cloud Peak Energy, is defending the practice.
Coal exports at record levels
DECKER, Mont. — From the time coal is scooped from the depths of the Spring Creek strip mine in Montana’s wide-open Powder River Basin until it travels more than 6,000 miles across the Pacific Ocea...
Apr 14, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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FDA reviews heart risks of Glaxo diabetes pill
WASHINGTON — The Food and Drug Administration will hold a meeting in June to reassess the safety of GlaxoSmithKline’s former blockbuster drug Avandia, which was severely restricted in 2010 due to c...
Apr 14, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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At a Glance: How the bank branch is changing
Banks big and small are redesigning their branches. Here are a few of the features that are showing up: —”Instant Issue” machines: They can print debit and credit cards immediately, so customers...
Apr 14, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press
Mike Ullman, chairman and CEO of J.C. Penney Company, Inc., visits a company store in New York in October 2009. Ullman was named CEO of JC Penney's after Ron Johnson was ousted on Monday after restructuring backfired.
Penney CEO’s challenge: Can it be fixed?
NEW YORK — There won’t be an easy fix for J.C. Penney — if it can be fixed at all. As Mike Ullman takes the reins again less than two years after his departure, he faces a Herculean task to undo...
Apr 14, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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