More Business Articles

  • Glitch voids 17,000 New Jersey red-light tickets

    NEWARK, N.J. (AP) — A computer glitch at the company that operates most of the state's red-light cameras has led to about 17,000 tickets being voided, the judiciary office said Thursday. Last week, the state sent letters to 17 towns that have contracts with American Traffic Solutions notifying...

  • Home Depot says Menear will become CEO on Nov. 1

    NEW YORK (AP) — Home Depot said Thursday that Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1. Frank Blake has been Home Depot's chairman and CEO since 2007, and he will remain chairman of the company. Menear, 57, became president...

  • ESPN's Linda Cohn sues NY rink over off-ice injury

    BREWSTER, N.Y. (AP) — An ESPN anchor is suing a suburban New York hockey rink over a painful off-ice injury. Linda Cohn says a heavy change-making machine fell on her arm at Hudson Valley's Brewster Ice Arena and sliced her so badly she needed 25 stitches. The 54-year-old Southbury,...

  • Bank of America settlement likely to benefit few

    WASHINGTON (AP) — Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds — $7 billion of it geared for consumer relief — offers a glint of hope for desperate homeowners. The settlement requires the second-largest U.S. bank to reduce some homeowners'...

  • Study: Wealth gap widened in the last decade

    NEW YORK (AP) — A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer. The study released Thursday divided the U.S. into five groups, from wealthiest to poorest. The median net worth of the richest households rose 11 percent between...

  • US housing recovery appears to be back on track

    WASHINGTON (AP) — A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year. Housing has been a drag on an otherwise strengthening economy, in part because a harsh winter delayed...

  • NKorea launch pad expansion 'nearing completion'

    WASHINGTON (AP) — Construction to upgrade North Korea's main rocket launch pad should be complete by this fall, allowing Pyongyang to conduct a launch by year's end if it decides to do so, a U.S. research institute said Thursday. The U.S.-Korea Institute at the Johns Hopkins School of Advanced...

  • Gap reports higher profit, plans India expansion

    SAN FRANCISCO (AP) — Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales. The San Francisco-based company also said it plans to open Gap stores in India next year. The first locations will open in the country's two...

  • Sister Pie wins Detroit startup business contest

    DETROIT (AP) — A pie company has been named the winner of this year's Comerica Hatch Detroit Contest for startup businesses. Sister Pie uses locally sourced ingredients to create pies, cookies, breads and breakfast pastries. The announcement of the company's win came Wednesday night. It wins a...

  • Diageo to make Bulleit brand at new Ky. distillery

    SHELBYVILLE, Ky. (AP) — Global liquor giant Diageo PLC will raise its stakes in the growing bourbon sector by making its Bulleit whiskeys at a new Kentucky distillery, where the company's ambitious plans for the brand had a top executive talking about a potential expansion even before initial...

  • Tech Tips: Sprint's good rates come with a price

    NEW YORK (AP) — In revamping its prices and plans this week, Sprint is joining Verizon and AT&T in letting families share pools of data. The new Sprint plans are available starting Friday and reward families that need a lot of data. But the company is also keeping an unlimited-data plan that's...

  • How the Dow Jones industrial average did Thursday

    The stock market advanced for a fourth straight day Thursday, pushing the Standard & Poor's 500 index to a record high. Investors were encouraged by news that the number of people seeking unemployment benefits remains at a multi-year low. Hewlett-Packard rose after delivering better results,...

  • Unexpected summer blockbuster: Chinese stock funds

    NEW YORK (AP) — Surprise: One of the summer's hottest investments was also one of the most anxiety-inducing a few months earlier. Dollars are pouring into China again despite worries about the country's slowing economic growth. Chinese stock mutual funds have returned an average of 12.5 percent...

  • Michigan's unemployment rate up 0.7 points in July

    LANSING, Mich. (AP) — Michigan authorities say the state's unemployment rate rose 0.7 percentage points in the latest month, calling it a reflection of normal seasonal changes in the job market. The state Department of Technology, Management & Budget said Thursday that the state's seasonally...

  • TVA board votes to retire Memphis coal plant

    MEMPHIS, Tenn. (AP) — The Tennessee Valley Authority's board voted Thursday to retire the coal-fired Allen Fossil Plant in Memphis and replace it with a natural-gas facility, marking another step by the nation's largest utility to reduce its reliance on coal. CEO Bill Johnson said the $975...



From the Weekly Standard

  • No Law, No Order

    Ferguson, Mo.

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  • No Reply from America?

    On Tuesday, August 19, an American citizen, James Foley, was savagely killed. The group of jihadists known as ISIL had previously killed and brutalized tens of thousands of non-Americans. But they...

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  • Bartleby, the President

    President Obama insists Republican opposition to his policies has forced him to boycott Congress and resort to governing by executive order. This is only partially true. Yes, Republicans strongly...

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