More Business Articles

  • Coca-Cola sells more drinks but soda dips

    NEW YORK (AP) — Coca-Cola, the world's biggest beverage maker, said Tuesday that the amount of soda it sold globally fell for first time in 15 years. The drop in the first quarter was offset by stronger sales of its noncarbonated drinks that include Minute Maid, Powerade and Dasani bottled...

  • Firm nears takeover of Indiana Limestone Co.

    BLOOMINGTON, Ind. (AP) — An investment firm is poised to take over a financially troubled southern Indiana company that supplied limestone to the Empire State Building, the Pentagon and other iconic buildings. A bankruptcy court auction for Indiana Limestone Co. set for Monday was called off...

  • Southern California home prices climb in March

    SAN DIEGO (AP) — A research firm says Southern California's median home sale price has hit $400,000, setting a new six-year high. DataQuick said Tuesday that the median price for new and existing houses and condominiums was $400,000 in March, up 4 percent from $383,000 in February and up 16...

  • Reno unveils 4 new electric buses; $500K savings

    RENO, Nev. (AP) — Transportation officials in Reno have added to their fleet four new buses that run solely on electric batteries. The buses are quieter, cleaner and cheaper than their gasoline-powered counterparts, according to officials for the Regional Transit Commission who expect to save...

  • Court upholds convictions in Ky. oil drilling scam

    LOUISVILLE, Ky. (AP) — Two brothers who defrauded millions of dollars from thousands of investors in an oil and gas drilling scheme lost a bid Tuesday to have their convictions and sentences overturned. The U.S. 6th Circuit Court of Appeals concluded that prosecutors presented enough evidence...

  • Connecticut casinos post March slot revenue drop

    HARTFORD, Conn. (AP) — Connecticut's Indian-run casinos say slot machine revenue fell sharply in March, with Foxwoods Resort Casino citing an "ultra-competitive" market. Foxwoods reported Tuesday that the share of wagers, known as revenue, was $44.6 million, down 10 percent from March 2013....

  • J&J Q1 net up 8 percent on sales jump, lower costs

    A turnaround in Johnson & Johnson's prescription medicine business fueled by new drugs, combined with reduced production and administration expenses, lifted first-quarter profit by 8 percent. The world's biggest maker of health care products beat Wall Street expectations and raised its earnings...

  • Review: Windows Phone advances with 8.1 update

    NEW YORK (AP) — Microsoft's new Windows system for smartphones addresses many of the shortcomings in previous versions. Before, voice search lacked the natural language interactions of Apple's Siri and Google Now. The updated Windows Phone system has Cortana, which combines Siri's personality...

  • US stocks drift lower at midday; Homebuilders sink

    NEW YORK (AP) — U.S. stocks are moving lower in midday trading, giving up an early gain. Beazer Homes, Ryland Group and other homebuilder stocks fell after a survey showed that the industry's confidence in the housing market remains low. Coca-Cola rose after reporting higher sales of...

  • Twitter buys data analytics partner Gnip

    NEW YORK (AP) — Twitter says it has bought its data partner Gnip, which provides analysis of the more than 500 million tweets its users share each day — to advertisers, academic institutions, politicians and other customers. Twitter Inc. said Tuesday that Gnip has already played a "crucial...

  • ND workers' comp sues over failed computer project

    BISMARCK, N.D. (AP) — North Dakota's workers' compensation agency has sued a Chicago company over a failed $17 million computer system overhaul. Workforce Safety and Insurance hired Aon eSolutions in 2007 for a software system upgrade. The work was to cost $14 million but was plagued by...

  • 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'...

  • Benjamin Netanyahu and California Gov. Jerry Brown to sign pro-business pact

    Israeli Prime Minister Benjamin Netanyahu is planning a swing through the Silicon Valley to meet with high-tech leaders and sign a pro-business agreement with Gov. Jerry Brown.



From the Weekly Standard