May 25, 2013
Business News
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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ALLIE DOUGLASS | The Sun
Travelers make arrangements after a canceled flight on Thursday at Barkley Regional Airport. Richard Roof, airport manager, said the effects of the Federal Aviation Administration closing the local airport's control tower would largely be behind the scenes.
Barkley passengers weather storm
When it isn’t storm clouds and heavy snow in Chicago affecting Barkley Regional Airport, it’s economic concerns and political storms on the federal level raining down. It was only a year ago whe...
Apr 14, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
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Coding boot camps promise to launch careers
SAN FRANCISCO — Looking for a career change, Ken Shimizu decided he wanted to be a software developer, but he didn’t want to go back to college to study computer science. Instead, he quit his jo...
Apr 14, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
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US declines to label currency manipulator
WASHINGTON — The Obama administration on Friday declined to label China a currency manipulator, although it said that China’s currency remains significantly undervalued. The decision came in a t...
Apr 13, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Banks record more earnings, lower revenue
NEW YORK — JPMorgan Chase and Wells Fargo, bellwethers for the banking industry, reported record earnings Friday, but those numbers masked troubling declines in revenue. Revenue fell slightly at...
Apr 13, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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