More Business Articles

  • Ackman goes after Herbalife's nutrition clubs

    NEW YORK (AP) — Activist investor Bill Ackman once again denounced weight loss and nutritional supplements company Herbalife as a pyramid scheme, but Wall Street shrugged off his criticism and sent the company's stock soaring 25 percent Tuesday. In a three-hour presentation in New York,...

  • Undercover probe finds health law failings

    WASHINGTON (AP) — Congressional investigators say they used fake identities to get taxpayer-financed health insurance under President Barack Obama's law. The nonpartisan Government Accountability Office says its undercover investigators were able to get subsidized health care in 11 out of 18...

  • 7 ex-NFL players appeal terms of concussion deal

    PHILADELPHIA (AP) — Seven former professional football players have filed a court challenge to a tentative class action settlement of concussion claims that would cost the NFL at least $765 million. They argued that some players won't be fairly compensated under the plan, especially those...

  • Apple post biggest earnings gain in nearly 2 years

    SAN FRANCISCO (AP) — Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen. The latest evidence of Apple's mounting momentum emerged Tuesday with the release...

  • Exxon Mobil says it'll follow new anti-bias rules

    IRVING, Texas (AP) — Exxon Mobil Corp. has said it will comply with the new protections for gay and transgender employees required of federal contractors, while still sidestepping the question of whether it will formalize that by changing the language of its corporate policy. Following...

  • Chrysler recalls Jeep SUVs for ignition switches

    DETROIT (AP) — The ignition switch defects that engulfed General Motors are now a rapidly growing problem at Chrysler. Chrysler said Tuesday it is recalling up to 792,300 older Jeep SUVs worldwide because the ignition switches could fall out of the "run" position, shutting off the engine and...

  • Mohegans break ground for first chain restaurant

    UNCASVILLE, Conn. (AP) — The Mohegan Tribe is breaking ground for the first of 15 planned "Arooga's Grille House and Sports Bar" chain restaurants in New England. It's part of an effort by the tribe, which owns and operates Mohegan Sun Casino, to diversify its businesses. The tribe and...

  • Michigan approves 9 projects to add 3,900 jobs

    LANSING, Mich. (AP) — Michigan on Tuesday approved state incentives for nine economic development projects expected to bring about 3,900 jobs, nearly half from General Motors consolidating engineering jobs from outside the state at a site in Michigan. Most of the new jobs and estimated $1...

  • Discover Financial's 2Q profit jumps 7 percent

    LOS ANGELES (AP) — Discover Financial Services' net income grew 7 percent in the second quarter as credit card spending and overall loans increased from a year ago. The results beat Wall Street's expectations. The credit card issuer and lender said Tuesday that card loans and sales volume for...

  • Crash sends industrial soap into Blackfoot River

    BONNER, Mont. (AP) — A tractor-trailer that crashed Tuesday on Montana Highway 200 spilled chemicals used to make industrial soap into the Blackfoot River, the Montana Highway Patrol said. The driver told the patrol that his right front tire blew as he was rounding a corner about 2 miles east...

  • 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

  • David Perdue Wins GOP Senate Nom in Georgia

    Businessman and first-time candidate David Perdue pulled off what the Atlanta Journal-Constitution  calls a "political shocker" by winning the Republican primary runoff for the U.S. Senate in...

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  • Kingdom Come

    There are no copyrights on book titles. F. H. Buckley nevertheless shows remarkable audacity in borrowing The Once and Future King from T. H. White’s children’s classic, published in...

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  • A Glimpse of Our Health Care Future

    To what will Obamacare lead? If the administration’s health policies continue on their present trajectory, Obamacare will lead to some form of European-style single-payer national health system.

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