More Business Articles

  • Hackerspaces help techies turn ideas into reality

    MESA, Ariz. (AP) — Inside a nondescript garage-like workshop nestled between restaurants, a flower shop and jewelry stores along Main Street, ideas are taking shape. At HeatSync Labs, the tables are littered with computer chips, pens, pads and tools while the room is abuzz with the chatter of...

  • Qantas Airways posts $2.6 billion loss for year

    SYDNEY (AP) — Qantas Airways Ltd. on Thursday posted a record 2.8 billion Australian dollar ($2.6 billion) statutory loss for the last fiscal year reflecting a profit-draining battle with its smaller rival Virgin Australia and aircraft write downs. Australia's flagship airline's result for year...

  • Reports: FBI probes JPMorgan hack

    NEW YORK (AP) — The FBI is investigating a hacking attack on JPMorgan Chase and at least one other bank, according to reports citing unnamed sources familiar with the matter. A report on Bloomberg.com said Wednesday that the FBI is investigating an incident in which Russian hackers attacked the...

  • Feds allow logging after huge California wildfire

    FRESNO, Calif. (AP) — U.S. Forest Service officials say they tried to balance competing interests in a plan released Wednesday that allows loggers to remove trees killed in a massive central California wildfire last year, but environmentalists called it a travesty and threaten to sue. The...

  • Tribe responds to state suit against casino plan

    BOSTON (AP) — An American Indian tribe proposing a casino on Martha's Vineyard argued in federal court filings on Wednesday that it never waived its sovereign immunity when it reached a deal with the state for its ancestral lands despite what Gov. Deval Patrick's administration contends in a...

  • Nevada sales tax up 4.7 percent from year ago

    RENO, Nev. (AP) — Nevada's taxable sales rose 4.7 percent in June compared with the same month a year ago, led by an 8 percent gain in Clark County and a 7.3 percent increase in Washoe County. The Nevada Department of Taxation said Wednesday that taxable sales totaled nearly $3.1 billion in...

  • Deal on health care aids port contract talks

    LOS ANGELES (AP) — Negotiators hoping to forge a new contract for dockworkers and keep hundreds of billions of dollars in cargo moving smoothly through West Coast seaports made significant progress with a tentative deal on health care benefits, a knotty issue that tied up talks for months. West...

  • Drone maker moving to Reno with 400 jobs by 2018

    RENO, Nev. (AP) — A manufacturer of unmanned aerial vehicles says it plans to move its new drone headquarters from Pasadena, California to Reno, and with it, hundreds of good-paying jobs Officials for Ashima Devices expect 400 new jobs to be added by 2018 with a reported average salary of...

  • SEC adopts rules on loan-backed securities

    WASHINGTON (AP) — Federal regulators on Wednesday voted to require financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, to give investors details on borrowers' credit records and income. The Securities and Exchange Commission adopted the...

  • Apple loses bid to block sales of 9 Samsung phones

    SAN JOSE, Calif. (AP) — A federal judge has rejected Apple's attempt to block the sale of several older Samsung smartphones that copied features in the iPhone. Wednesday's rebuff comes nearly four months after a jury awarded Apple Inc. $119 million in damages for Samsung's infringements on...

  • Utah approves winery in town with polygamous sect

    SALT LAKE CITY (AP) — A town on the Utah-Arizona border largely controlled by Warren Jeffs' polygamous sect moved closer to opening its first commercial winery, a new venture and a signal of yet another lifestyle choice that separates the sect from mainstream Mormon teachings. State liquor...

  • Kellogg Foundation gives MSU $6 million for food

    EAST LANSING, Mich. (AP) — Michigan State University says the W.K. Kellogg Foundation has awarded $6 million in grants to the East Lansing school for research and outreach programs to promote access to healthy food in the state. The university said Wednesday that the foundation is making two...

  • Obama crafts legal rationale for immigration steps

    WASHINGTON (AP) — The White House is crafting a blame-it-on-Congress legal justification to back up President Barack Obama's impending executive actions on immigration. Facing an expected onslaught of opposition, the administration plans to argue that Congress failed to provide enough resources...

  • Court rules against FedEx in drivers' labor case

    DALLAS (AP) — A federal court has ruled that FedEx Corp. improperly classified about 2,300 drivers in California as independent contractors instead of employees. The decision by a three-judge panel of the Ninth U.S. Circuit Court of Appeals on Wednesday covered drivers who worked for FedEx...

  • South Korea's Kia to invest $1 billion in Mexico

    MEXICO CITY (AP) — South Korea's Kia Motors Corp. said Wednesday it will invest more than $1 billion to build a car factory in northern Mexico that is expected to begin production in 2016. The company said the new plant in Nuevo Leon state, across the border from Texas, will have the capacity...



From the Weekly Standard

  • No Mo’ Cuomo?

    Queens, N.Y. Peter Tu is thrilled about meeting with Rob Astorino, the Republican candidate for governor of New York. Tu is the executive director of the Flushing Chinese Business Association...

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  • Hamas’s Media Strategy

    During the six weeks of Israel’s Operation Protective Edge, Hamas has used human shields—women and children—to protect its infrastructure in Gaza. This tactic is meant either to deter Israel from...

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  • Scotland the Brave

    If at first you don’t secede, try, try again. This might be the motto of Alex Salmond’s Scottish National party, which since 1934 has been advocating the proposition that Scotland should be an...

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