More Business Articles

  • US aerospace conglomerate to expand in Puerto Rico

    SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor says a U.S. aerospace manufacturing firm is investing $9 million to expand its operations on the island. Alejandro Garcia Padilla said Tuesday the expansion of UTC Aerospace Systems follows a previous investment of $15 million that has...

  • Chinese woman in seed corn case released on bond

    DES MOINES, Iowa (AP) — A Chinese woman charged as part of what federal prosecutors say was a conspiracy to steal trade secrets from U.S. seed corn companies is free on bond after a judge said she is a flight risk but can be closely monitored until trial. Mo Yun, a 42-year-old who was charged...

  • Saudi stock market to allow foreign investment

    RIYADH, Saudi Arabia (AP) — The Saudi government has approved a measure that will open the region's largest stock market to direct foreign investment next year, news that sent the exchange surging Tuesday to its highest level in nearly seven years. The Tadawul All Share Index closed up nearly...

  • European airlines Air France, Lufthansa suspend all flights to Tel Aviv over safety concerns

    BERLIN (AP) — European airlines Air France, Lufthansa suspend all flights to Tel Aviv over safety concerns.

  • TD Ameritrade's quarterly profit up 3 percent

    OMAHA, Neb. (AP) — TD Ameritrade Holding Corp. said its quarterly profit rose 3 percent as clients entrusted the online brokerage with more assets and trading activity remained strong. TD Ameritrade CEO Fred Tomczyk said investors have remained bullish even as geopolitical problems heated up...

  • Denver police apologize for UberX traffic stop

    DENVER (AP) — Denver's police chief is apologizing to a Seattle man for his interaction with an officer who stopped the UberX car that was giving him a ride to the airport. Colorado legislators passed a law this year to implement a regulatory structure for ride-sharing companies like UberX,...

  • FAA tells US airlines all flights to Tel Aviv airport in Israel prohibited for 24 hours

    WASHINGTON (AP) — FAA tells US airlines all flights to Tel Aviv airport in Israel prohibited for 24 hours.

  • McDonald's profit slips; US sales decline

    OAK BROOK, Ill. (AP) — McDonald's Corp. said its profit slipped in the second quarter as sales in the U.S. continued to flag. The world's biggest hamburger chain has been struggling to boost sales in its flagship market amid intensifying competition, changing eating habits and the persistent...

  • NC tax breaks OK'd for 250 IT jobs in Charlotte

    RALEIGH, N.C. (AP) — An information technology consulting company plans to create 250 jobs in Charlotte within five years as it hopes to serve the city's big banks. A state committee that approves North Carolina's main tax break to attract businesses on Tuesday allowed Spectra Growth Inc. to...

  • US home sales increase 2.6 percent in June

    WASHINGTON (AP) — Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum. The National Association of Realtors said Tuesday that sales of existing homes...

  • 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