More Business Articles

  • Aaron's buys Progressive Finance, cuts outlook

    ATLANTA (AP) — Furniture leasing company Aaron's has agreed to buy online rent-to-own finance company Progressive Finance Holdings for $700 million in cash in a bid to turn around its business even as it cut its first-quarter outlook. Meanwhile, Aaron's also said it rejected a takeover offer...

  • China Film takes 1st stake in Hollywood movies

    HONG KONG (AP) — China's state-owned film distributor is making its first investment in Hollywood movies by taking a stake in two Legendary Entertainment productions. China Film Co. will make an "eight-figure equity investment" in two upcoming films, "Seventh Son" and "Warcraft," the Chinese...

  • Textbook publisher quits Stamford for Boston

    STAMFORD, Conn. (AP) — Textbook publisher Cengage Learning Inc. says it's moving its headquarters from Connecticut to Boston. The company, which emerged from Chapter 11 bankruptcy protection this month after restructuring its finances, will locate 500 jobs in Boston and is looking to add...

  • People with old Social Security debts get reprieve

    WASHINGTON (AP) — People with old Social Security debts are getting a reprieve — for now. The Social Security Administration had been participating in a program in which thousands of people were having their tax refunds seized to recoup overpayments that happened more than a decade ago. On...

  • Italian court: Ex-PM Berlusconi to serve community service for tax fraud at center for elderly

    MILAN (AP) — Italian court: Ex-PM Berlusconi to serve community service for tax fraud at center for elderly.

  • German economic confidence slips on Ukraine worry

    FRANKFURT, Germany (AP) — A key German measure of investor confidence in the economy slipped in April as the conflict in Ukraine created uncertainty about the future. The ZEW survey of investment analysts fell to 43.2 points from 46.6 the month before and below markets expectations for 45.0....

  • Chinese sneaker factory workers go on strike

    HONG KONG (AP) — Workers at a Chinese factory owned by Yue Yuen, the world's largest maker of athletic footwear for brands such as Nike and Adidas, are striking in a dispute over benefits. A worker said more than 10,000 employees at Yue Yuen Industrial's plant in the southern province of...

  • Greek short-term borrowing costs tumble

    ATHENS, Greece (AP) — Greece's borrowing costs in a short-term debt sale have tumbled, days after the country returned to the international bond markets. The interest rate on a 13-week treasury bill issued Tuesday fell to 2.45 percent, compared with 3.1 percent for a similar issue last month,...

  • Teething troubles for Chinese tourists in Thailand

    CHIANG MAI, Thailand (AP) — The bucolic, once laid-back campus of one of Thailand's top universities is under a security clampdown. Not against a terrorist threat, but against Chinese tourists. Thousands have clambered aboard student buses at Chiang Mai University, made a mess in cafeterias...

  • Nestle sales up despite slack prices in Europe

    FRANKFURT, Germany (AP) — Food company Nestle SA says sales rose 4.2 percent in the first quarter compared with a year ago despite deflationary pressures in Europe. The Switzerland-based maker of Lean Cuisine, Nespresso and Haagen-Dazs said Tuesday that sales of 20.8 billion Swiss francs...

  • House Republicans aim for JOBS Act 2.0

    House Republicans are trying to recreate the success of the JOBS Act, two years after its passage. The Jumpstart Our Business Startups Act, intended to reduce capital costs for startups by deregulating some aspects of securities law, was one of the rare bipartisan legislative efforts of the...

  • Mr. Regulation: Obama adds 17,522 pages of new regs, has 3 years to go

    President Obama's administration has added a whopping 17,522 pages of new regulations, expanding the "Code of Federal Regulations" by 11 percent with still three more years in office, a report from Competitive Enterprise Institute says. According to a new report from Clyde Wayne Crews, CEI's...

  • Republicans should hammer away on the growth theme

    Sizing up last week's unexpected congressional win by Florida Republican David Jolly, Kim Strassel of the Wall Street Journal wrote, "The Republicans who win this fall will be those who have serious answers to the attacks leveled on them -- about Obamacare, the economy, women's and seniors'...

  • Benjamin Netanyahu and California Gov. Jerry Brown to sign pro-business pact

    Israeli Prime Minister Benjamin Netanyahu is planning a swing through the Silicon Valley to meet with high-tech leaders and sign a pro-business agreement with Gov. Jerry Brown.



From the Weekly Standard