More Business Articles

  • EU identifies 5 Russian banks it is sanctioning

    BRUSSELS (AP) — The European Union on Thursday revealed the details of its broad economic sanctions against Russia, including the names of five major banks which will see their access to the 28-nation bloc's capital market curtailed. The banks, in which the Russian state holds a majority stake,...

  • Irish bookmaker apologizes for 2010 data breach

    DUBLIN (AP) — Irish betting company Paddy Power announced Thursday it is notifying hundreds of thousands of customers that most of their profile information was stolen in 2010, but hackers did not gain their credit card details or log-in passwords. Paddy Power defended its four-year delay in...

  • Jobs bill keeps non-compete policy intact

    BOSTON (AP) — State legislators have apparently decided not to restrict non-compete agreements in the private sector. A compromise version of an economic development bill does not include language that would discourage businesses from asking employees to sign the agreements, which can limit the...

  • Data firm: San Francisco Bay Area sells record number of million-dollar homes amid tech boom

    SAN FRANCISCO (AP) — Data firm: San Francisco Bay Area sells record number of million-dollar homes amid tech boom.

  • US average rate on 30-year home loan 4.12 percent

    Average U.S. rates on long-term fixed mortgages declined slightly this week.

  • Albemarle reports drop in earnings

    BATON ROUGE, La. (AP) — Specialty chemicals maker Albemarle Corp. reports second-quarter earnings dropped to $22.4 million, or 28 cents per share, from $82.7 million, or 98 cents per share a year ago. The Advocate reports (http://bit.ly/1xFAiyE ) the Baton Rouge company noted second-quarter...

  • ADP 4Q profit climbs as revenue improves

    ROSELAND, N.J. (AP) — Automatic Data Processing Inc.'s fiscal fourth-quarter net income climbed 27 percent as revenue improved across its businesses. The Roseland, New Jersey company's net income increased to $288.7 million, or 60 cents per share, from $227 million, or 47 cents per share, a...

  • Steven Madden 2Q profit drops 3.3 percent

    LONG ISLAND CITY, N.Y. (AP) — Steven Madden Ltd. on Thursday reported earnings that decreased by 3.3 percent in its second quarter, and missed analysts' expectations. The Long Island City, New York-based company said profit fell to $28 million, or 44 cents per share, from $29 million, or 43...

  • SC's Osteen group buys newspapers in coastal Ala.

    SUMTER, S.C. (AP) — The family-owned company that operates The Sumter Item is buying several small newspapers in Alabama. The Sumter Item reports (http://bit.ly/1s75FSm ) that OPC News LLC finalized the purchase of Gulf Coast Newspapers LLC on Tuesday. OPC News is owned by Graham, Kyle and...

  • Weak earnings sink US stocks; Whole Foods slides

    NEW YORK (AP) — U.S. stocks are sharply lower following weak corporate earnings. Exxon Mobil and Whole Foods slumped. Argentina's stock market plunged 7 percent after the South American nation defaulted on its debt for the second time in 13 years. European markets also fell as evidence mounted...

  • 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

  • Podcast: On Clinton, Inc.

    The WEEKLY STANDARD podcast with online editor Daniel Halper on his New York Times  best selling book, Clinton, Inc. The Audacious Rebuilding of a Political Machine.   Buy it today!

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  • Be Alarmed . . . Be Very Alarmed

    An unquestionably eminent, manifestly distinguished, and conspicuously bipartisan -congressionally appointed panel has produced a report on the state of our nation’s defenses. One’s normal...

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  • Last Refuge of a Scoundrel

    When he’s in trouble, President Obama changes the subject to the economy. And in speech after speech, he utters some version of this line: “We know from our history, our economy does not grow from...

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