More Business Articles

  • 4th US Navy official charged in bribery scheme

    SAN DIEGO (AP) — A fourth member of the U.S. Navy has been charged with conspiracy to commit bribery in a multimillion-dollar scheme involving a Singapore-based defense contractor accused of providing cash, vacations, electronics and prostitutes in exchange for classified information. "The...

  • Old timey car to replace NYC horse carriages shown

    NEW YORK (AP) — An electric car that proponents hope will replace horse-drawn carriages in New York City was presented Thursday at the New York International Auto Show, as critics expressed their distaste for the idea. The "Horseless eCarriage" prototype was commissioned by NYCLASS, a group...

  • Duke: Coal ash spill won't affect bottom line

    CHARLOTTE, N.C. (AP) — Duke Energy told shareholders Thursday that cleanup costs resulting from its massive coal ash spill into the Dan River won't have a material effect on the $50 billion company's bottom line. The nation's largest electric company said in a regulatory filing with the U.S....

  • Record labels sue Pandora over older songs

    NEW YORK (AP) — Major record labels are suing Internet radio giant Pandora for copyright infringement for using songs recorded before 1972 without paying license fees. The labels, including divisions of Sony, Warner and Universal, argue that songs such as Aretha Franklin's "Respect" and the...

  • Wal-Mart jumps into the money transfer biz, loudly

    NEW YORK (AP) — Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business. The world's largest retailer introduced a new money transfer service Thursday that it says will cut fees for its low-income customers by up to 50 percent compared with...

  • PepsiCo's profit rises on snack sales, price hikes

    NEW YORK (AP) — PepsiCo reported a stronger-than-expected quarterly profit as the company sold more snacks around the world and hiked prices, including on its drinks. The company, which also makes Frito-Lay, Gatorade, Mountain Dew and Tropicana, said global snack volume rose 2 percent in the...

  • Alderman: New arena might need regional sales tax

    MILWAUKEE (AP) — Seated at a table on the Milwaukee Bucks' home court, Peter Zehren looked around the BMO Harris Bradley Center on Thursday and acknowledged that the facilities look out of date. But the Milwaukee resident was firm when he said taxpayers shouldn't have to pay for an upgrade....

  • IRS audits less than 1 percent of big partnerships

    WASHINGTON (AP) — The Internal Revenue Service audits fewer than 1 percent of large business partnerships, according to a government report released Tuesday. That means some of Wall Street's largest hedge funds and private equity firms are largely escaping close scrutiny by the IRS, said Sen....

  • Michaels confirms breach of as many as 2.6M cards

    NEW YORK (AP) — Michaels Stores Inc. said Thursday that about 2.6 million cards, or about 7 percent of all debit and credit cards used at its namesake stores, may have been affected in a security breach. The nation's largest arts and crafts chain said its subsidiary Aaron Brothers was also...

  • Judge wants Detroit mayor to back bankruptcy plan

    DETROIT (AP) — Looking years ahead, the judge overseeing Detroit's bankruptcy said Thursday he wants assurances from the mayor and other elected leaders that they'll follow a final plan that likely cuts pensions, sheds debt and plows millions into better services. The bankruptcy case — the...

  • California health care sign-ups exceed projections

    SACRAMENTO, Calif. (AP) — A late surge of sign-ups pushed California's health insurance exchange nearly 100,000 enrollees beyond the original projections of the Obama administration, state officials announced Thursday. Nearly 1.4 million Californians selected a private policy through the...

  • Intel's mobile-chip progress falters as PC market stabilizes

    Intel Corp.’s main personal-computer processor business is showing signs of improvement after a record industry slump, yet the company’s push to get into faster-growing mobile-phone chips has gone backward.

  • 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'...



From the Weekly Standard

  • Through a Google Glass, Darkly

    “Just because something bears the aspect of the inevitable one should not, therefore, go along willingly with it.” ​—​Philip K. Dick

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  • 2014 ≠ 2016

    Polls are overrated, but they can be still instructive. So what’s to be learned from a Fox News survey of 1,012 registered voters conducted April 13-15? 

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  • As Goes North Carolina

    Raleigh, N.C.  To win the Senate, Republicans must win North Carolina. While it’s mathematically possible to take the Senate without ousting Democratic senator Kay Hagan, the chances of that...

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