More Business Articles

  • What's a group selfie? Usie (pronounced uss-ee)

    NEW YORK (AP) — What do you call a group selfie? An usie, of course! As in "us." Pronounced uss-ee, rhymes with fussy. "Usies are a growing trend that I think have far more social value than selfies," said Michal Ann Strahilevitz, a professor of marketing at Golden Gate University in San...

  • Hess 2Q adjusted profit, revenue top Street's view

    NEW YORK (AP) — Hess' second-quarter net income dropped 35 percent in its second quarter as oil and gas production declined. Its adjusted profit and revenue topped analysts' estimates, and the energy company boosted its stock buyback program to $6.5 billion from $4 billion. Shares climbed more...

  • Small cars fare poorly in crash tests

    DETROIT (AP) — The four-door Mini Cooper Countryman was the only one of 12 cars to earn a top rating of "good" in new frontal crash tests. The Nissan Leaf, Nissan Juke, Fiat 500L and Mazda5 wagon all fared worst in the tests performed by the Insurance Institute for Highway Safety, an Arlington,...

  • Britain to test driverless cars next year

    LONDON (AP) — British officials says driverless cars will be tested on roads in as many as three cities in a trial program to begin in January Officials said Wednesday the tests will last up to three years. Sensors and cameras will guide the cars. The plan will include two types of driverless...

  • US official vows to expand India trade, investment

    MUMBAI, India (AP) — The U.S. secretary of commerce has pledged to help expand investment in India's infrastructure and to promote trade. Penny Pritzker spoke Wednesday to business leaders in the Indian financial capital, Mumbai. She said two-way trade has lagged in recent years but has still...

  • Market Basket managers turn up heat on chain

    BOSTON (AP) — Managers of Market Basket supermarkets are repeating their threat to quit if ousted CEO Arthur T. Demoulas is not reinstated. A petition signed by managers and assistant managers of 68 of the 71 New England stores warns that they will immediately resign if Demoulas is not restored...

  • Airbus expects stable revenue despite order loss

    PARIS (AP) — European aerospace company Airbus says it expects its revenue to remain stable this year despite a big cancellation recently for some of its large A350 planes. Airbus competes fiercely with Chicago-based Boeing Co. in the global market for large civilian aircraft. It took a hit in...

  • Nintendo reports loss on shaky Wii U sales

    TOKYO (AP) — Nintendo Co. sank to a worse-than-expected loss for the fiscal first quarter on lagging Wii U and 3DS video-game machine sales. But the Japanese company behind Super Mario and Pokemon games stuck to its annual forecasts Wednesday for a 20 billion yen ($196 million) profit on 590...

  • Fort Wayne GM plant lacks parts, cancels shifts

    FORT WAYNE, Ind. (AP) — An auto parts shortage has caused the cancellation of several shifts at the General Motors truck assembly plant in Fort Wayne. GM spokeswoman Stephanie Jentgen says a breakdown at a supplier caused the problem that has affected shifts since Monday night. The factory...

  • Toyota remains at top in sales after first half

    TOKYO (AP) — Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal. Japan's Toyota Motor Corp. announced Wednesday that January-June...

  • What if Obama defended American business?

    Just for once, wouldn't it be great if President Obama actually defended American business, instead of attacking it?

  • Manhattan Moment: Professional licenses, not taxes, are the biggest barriers to small business creation

    What is the biggest challenge faced by small businesses today? Surprisingly the answer is not high taxes — it is professional licensing requirements.

  • The fight in Congress that has Democrats defending big business

    In the battle to renew the Export-Import Bank, Senate Democrats are lining up behind the U.S. Chamber of Commerce, while many Republicans are in sympathy with Democratic Sen. Elizabeth Warren, the iconic foe of crony capitalism.

  • Billionaire Obama adviser: Punish companies that ignore climate change

    The climate change debate took a sharp left turn on Tuesday when several former cabinet secretaries, former New York Mayor Michael Bloomberg and a key Wall Street donor to environmental causes said companies that don't buy into global warming should be punished and penalized.

  • Oops: Here's who wound up with half a million dollars in federal money

    Nearly $500,000 in Indiana venture capital funds wound up going to a startup business headed by the very man whose firm had been hired by Indiana to manage the venture capital fund.



From the Weekly Standard