More Business Articles

  • Recalls this week: laptop power cords, helmets

    Nearly 6 million laptop power cords that can overheat and start a fire are among this week's recalled consumer products. Others include potentially faulty helmets and bunk beds. Here's a more detailed view: LAPTOP POWER CORDS DETAILS: Power cords that came with HP and Compaq laptops and mini...

  • APNewsBreak: Iowa State loans went to regent's LLC

    IOWA CITY, Iowa (AP) — The agribusiness owned by Board of Regents President Bruce Rastetter was awarded $480,000 in no-interest loans from an Iowa State University center a few months after he joined the school's governing board, records show. The loans from the Iowa Energy Center helped Summit...

  • US rig count up 18 to 1,914

    HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by 18 this week to 1,914. The Houston firm said Friday in its weekly report that 1,575 rigs were exploring for oil and 338 for gas. One was listed as...

  • Startups offer banking for smartphone users

    NEW YORK (AP) — The latest banks are small enough to fit in the palm of your hand. Startups, such as Moven and Simple, offer banking that's designed specifically for smartphones, enabling users to track their spending on the go. Some things haven't changed. Like traditional banks, customers...

  • Firm: Atlantic City losing 3 casinos, not business

    ATLANTIC CITY, N.J. (AP) — A Wall Street firm predicted Friday that much of the revenue generated by three Atlantic City casinos that are closing will remain in the city after they're gone. Fitch Ratings predicted in a report that the city's casino revenues will decline to $2.5 billion in 2015...

  • ISA TanTec to create 366 jobs at Miss. tannery

    VICKSBURG, Miss. (AP) — Warren County has bought a building for German tannery company ISA TanTec's its first American tannery in Mississippi. The company, which currently has tanneries in Vietnam and China, is investing $10.1 million and plans to hire 366 people over five years. The company...

  • Court won't restore Oracle's $1.3B verdict vs. SAP

    SAN FRANCISCO (AP) — A federal appeals court is refusing Oracle Corp.'s request to reinstate a $1.3 billion verdict it won against German rival SAP SE in a long-running copyright dispute. The 9th U.S. Circuit Court of Appeals in San Francisco ruled Friday that the jury's award was excessive. A...

  • US official airs 'myths' on Colorado River water

    LAS VEGAS (AP) — A top federal water administrator said Friday that several myths stand in the way of broad agreements needed to deal with increasing demand for water in the drought-stricken and over-allocated Colorado River basin. Assistant Secretary of the Interior Anne Castle told the...

  • German economic fears growing but Merkel strong

    BERLIN (AP) — Ordinary Germans are spooked about the future. Businesses are starting to see black clouds on the horizon. And an economy that has been the envy of Europe is showing cracks, shrinking unexpectedly last quarter amid the conflict in Ukraine. It might seem like enough to put any...

  • Power restored in downtown Jackson

    JACKSON, Miss. (AP) — Power has been restored to downtown Jackson where an outage stalled work in state and local government offices and some private businesses for about 1½ hours. Officials of Entergy Mississippi say about 415 customers temporarily lost electric power Friday from about 10:30...

  • Bozeman residents sue over nondiscrimination rules

    BOZEMAN, Mont. (AP) — Five Bozeman residents are suing the city, the mayor and city commissioners arguing that the city did not have the legal authority to enact an ordinance that prohibits discrimination based on a person's sexual orientation or gender identity. In June, Bozeman became the...

  • Stalemate between Nebraska insurer, hospital chain

    OMAHA, Neb. (AP) — The contract between Blue Cross Blue Shield of Nebraska and Catholic Health Initiatives is set to expire Sunday after the two sides failed Friday to agree on rates. The failed bargaining means that starting Monday, people who visit doctors or hospitals in Nebraska associated...

  • Spirit AeroSystems offers voluntary retirements

    WICHITA, Kan. (AP) — Spirit AeroSystems is offering a voluntary retirement program to some management and salaried employees in Wichita and Kinston, North Carolina. Company spokesman Ken Evans said Thursday the employees must be older than 55 and have worked at least 10 years with Spirit to...

  • Fiat-Chrysler stock should be on market soon

    DETROIT (AP) — U.S. investors should soon be able to buy stock in Chrysler for the first time in seven years. Italy's Fiat and Chrysler are merging to form Fiat Chrysler Automobiles. Fiat said in a statement Friday that an ongoing tally of investors suggests there is not enough opposition to...

  • Crest Industries to expand Precision Cutting

    EUNICE, La. (AP) — Crest Industries is acquiring the assets and will expand the workforce of Eunice-based Precision Cutting Specialties Inc. Crest, based in Pineville, will invest $5 million to develop a new cutting, machining and fabrication facility in Eunice and add new machining centers to...



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