May 20, 2013
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Business News
House stalls new tax exemptions for churches
PHOENIX — An effort to broaden tax exemptions for religious organizations is facing bipartisan opposition in the Arizona House of Representatives. House leaders moved to stall a vote Thursday on...
Mar 08, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Fed says 17 of 18 top banks are stronger
WASHINGTON — All but one of the nation’s 18 largest banks are more prepared to withstand a severe U.S. recession and a global downturn than at any time since the 2008 financial crisis, the Federal ...
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MetLife shifts 2,600 jobs to North Carolina
RALEIGH, N.C. — Insurance giant MetLife Inc. said Thursday it will move 2,600 jobs from offices in four Northeast states and California to lower-cost locations in two North Carolina cities, while a...
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Associated Press Martha Stewart arrives at court Tuesday in New York. Macy's Inc. is suing the media and merchandising company Stewart founded for breaching an exclusive contract when she signed a deal with J.C. Penney in December 2011 to open shops at most of its stores this spring.
Stewart denies wrongdoing in deal
NEW YORK — Home decor and food guru Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open shops within most of J.C. Penney’s stores across the...
Mar 06, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Natural gas vehicles making inroads
DETROIT — Ford Motor Co. said Tuesday it sold a record 11,600 natural gas vehicles in its 2012 model year, more than triple the number it sold in 2010. It’s the latest sign that natural gas is m...
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Dow surges to record high ... and keeps going
NEW YORK — The Dow Jones industrial average closed at an all-time high Tuesday, beating the previous record it set in October 2007, before the financial crisis and Great Recession. The Dow rose ...
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Republicans unveil government measure
WASHINGTON — Republicans controlling the House moved Monday to give the Pentagon more money for military readiness while easing the pain felt by such agencies as the FBI and the Border Patrol from ...
Mar 05, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Stocks are good buy; ketchup is forever
Warren Buffet says stocks are a good investment, long-term government bonds are a dumb one, and ketchup is forever. The billionaire investor covered a range of topics in a CNBC interview on Mond...
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Asian firm buys site of stalled Vegas casino
LAS VEGAS — Panda habitats, tea gardens and red pagodas have never been part of the visual vocabulary of the Las Vegas Strip. But Sin City is about to get all three and much more as a Malaysian con...
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Slim world’s richest for 4th year in a row
NEW YORK — Mexico’s Carlos Slim remains the world’s richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top three for the first time since 2000. ...
Mar 05, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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