More Business Articles

  • Keeneland postpones instant racing plan

    LEXINGTON, Ky. (AP) — A Keeneland official says the race track doesn't want construction under way when next year's Breeders' Cup is held there and is putting off plans to build a facility for instant racing. The Lexington Herald-Leader (http://bit.ly/1xdsHaB ) says Lexington's Board of...

  • Comments sought on possible Arctic lease sale

    JUNEAU, Alaska (AP) — A federal agency is testing the waters on a possible lease sale in the Alaska Arctic. The U.S. Bureau of Ocean Energy Management announced Friday it is opening a 45-day comment period both to gather information on areas in the Beaufort Sea that have the most promising...

  • Global tensions don't dent enthusiasm for stocks

    A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank's finances look shaky. And the U.S. stock market's response? After dipping briefly on the bad news, it climbs higher. The market's resilience this year — which has pushed it to a...

  • US plans wide seismic testing of Atlantic seabed

    ATLANTIC CITY, N.J. (AP) — The federal government is planning to use sound blasting to conduct research on the ocean floor along most of the East Coast, using technology similar to that which spawned a court battle between environmentalists and researchers in New Jersey this summer. The U.S....

  • Ford fires engineer who planted recording devices

    DEARBORN, Mich. (AP) — A lawyer says a Ford Motor Co. engineer was fired after she placed listening devices in meeting rooms at its headquarters. Ford says the FBI is involved at the company's invitation. The Detroit News (http://bit.ly/1kfvIa5) identified the engineer as Sharon Leach. She...

  • IPO Roundup: El Pollo Loco soars in debut

    NEW YORK (AP) — Wall Street is still hungry for fast-casual restaurant chains. El Pollo Loco, which serves up Mexican-style dishes, is the latest restaurant chain to soar in its stock market debut. Others, including Zoe's Kitchen Inc., Potbelly Corp. and Noodles & Co., also climbed in their...

  • Disappointing results at Visa, Amazon hurt stocks

    NEW YORK (AP) — The stock market is ending lower after Visa and Amazon posted disappointing results. The Dow Jones industrial average dropped 123 points, 0.7 percent, to close at 16,960 Friday. The Standard & Poor's 500 index fell nine points, or 0.5 percent, to end at 1,978. The tech-heavy...

  • Visa and Amazon are big market movers

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Visa Inc., down $7.97 to $214.77 The payments processor reported better-than-expected quarterly results but offered a cautious financial outlook for the...

  • Gold prices rise amid turmoil in Ukraine

    Gold prices settled higher Friday as unrest in Ukraine and the Middle East draws traders into their hiding spots. Gold for August delivery rose $12.50, or 1 percent, to settle at $1,303.30 an ounce. Silver for September added 22 cents, or 1.1 percent, to $20.64 an ounce. The U.S. Defense...

  • House votes to boost child tax credit for some

    WASHINGTON (AP) — More families with higher incomes could claim the popular child tax credit under a bill that won approval Friday in the House. But in a dispute that divides Republicans and Democrats, millions of the poorest low-income families would still lose the credit in 2018, when...

  • 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