More Business Articles

  • Swiss central bank reports $17.7B half-year profit

    GENEVA (AP) — Switzerland's central bank posted a profit Thursday of 16.1 billion Swiss francs ($17.7 billion) for the first half of the year, a big turnaround from its loss of 9 billion francs for 2013. The Swiss National Bank's profit is largely based on gains in the gold, foreign exchange...

  • McComb OKs sewer extension

    MCCOMB, Miss. (AP) — The city of McComb will build a 10,000-foot sewer line to the planned Gateway Industrial Park where an oilfield worker camp and other businesses are expected to be located. The Enterprise-Journal reports (http://bit.ly/1oMcDMh ) the sewer line will connect to the city's...

  • Cho to lead 2018 Olympics organizing committee

    SEOUL, South Korea (AP) — Cho Yang-ho, the South Korean business tycoon who led Pyeongchang's successful bid to host the 2018 Winter Olympics, will take charge of the local organizing committee following the sudden resignation of the previous president. The Hanjin Group chairman was unanimously...

  • Asian markets drift after US Fed stays course

    MUMBAI, India (AP) — Asian stock markets were uninspired by an upbeat report on the U.S. economy, with most drifting lower Thursday after the U.S. Federal Reserve said it would make further cuts to its monetary stimulus as expected. KEEPING SCORE: The Hang Seng in Hong Kong slipped 0.1 percent...

  • Samsung profit falls as smartphone sales slow

    SEOUL, South Korea (AP) — Samsung Electronics Co. reported a bigger-than-expected fall in second quarter profit on Thursday and said it was uncertain if earnings from its handset business would improve in the current quarter. Samsung warned earlier this month that the second quarter would be...

  • KFC owner says China scandal hurting sales

    BEIJING (AP) — The owner of the KFC and Pizza Hut restaurant chains said Thursday a food safety scandal in China has hurt sales and might be severe enough to cut into the company's global profit. Yum Brands Inc., in a filing with the U.S. securities regulator, gave no financial details and said...

  • Congress cooperates _ and fights _ as recess nears

    WASHINGTON (AP) — Eager to begin a monthlong break, Congress leavened its customary heavy partisanship on Wednesday with a pinch of compromise, advancing legislation to repair the deeply troubled Department of Veterans Affairs and working to clear funds for highway construction at home and...

  • 30 protesters arrested in union rallies at UPMC

    PITTSBURGH (AP) — Thirty protesters were arrested Wednesday during a demonstration for a labor union and higher employee wages at the University of Pittsburgh Medical Center, organizers said. UPMC officials didn't comment on the events organized by the Service Employees International Union...

  • Lawmakers eye Aug. 16-17 for tax free weekend

    BOSTON (AP) — Massachusetts shoppers hoping to shave a little off their shopping spree should plan to hit the stores on Aug. 16-17. That's the weekend lawmakers have picked to suspend the state's sales tax for many purchases. The date is included in an economic development bill expected to...

  • Judge tosses lawsuit by NY ports' largest operator

    NEWARK, N.J. (AP) — A federal judge has dismissed a lawsuit filed by the operator of the largest marine container terminal in the New York area against the Port Authority of New York and New Jersey. The ruling rejected claims made in 2012 by Maher Terminals that the Port Authority charged...

  • 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

  • Note to the House GOP: Kill the Bill

    The House Republican leadership is having trouble getting 218 votes for its immigration bill.

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  • A Fetish For Zizek

    It’s surely the most hilarious academic story so far this year: Slavoj Zizek, the most Marxist-chic of all Marxist-chic philosophers, has been caught plagiarizing an article from American...

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  • Lamar Alexander in the Crosshairs

    Nashville One name is ubiquitous at a July 22 rally for Republican Senate candidate Joe Carr, and it isn’t Joe Carr’s. Lamar Alexander, the Tennessee senator Carr hopes to defeat in the August 7...

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