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Archive for August 29th, 2013

  • Ackman loses half his investment in Penney sale

    August 29, 2013 • BusinessComments Off

    FILE – This Feb. 6, 2012 file photo shows William Ackman, of Pershing Square Capital Management, in Toronto. Ackman, J.C. Penney’s biggest investor and former board member, has sold his nearly 18 percent stake to Citigroup for $12.60 per share, a...

  • Argentine high court considers media monopoly law

    August 29, 2013 • BusinessComments Off

    Government supporters gather in front of the Courts’ building to watch on screens a hearing on the country’s media law in Buenos Aires, Argentina, Wednesday, Aug. 28, 2013. The future of broadcast television and other news media in Argentina is at...

  • Fast-food strikes set for cities nationwide

    August 29, 2013 • BusinessComments Off

    FILE – In this Tuesday, July 30, 2013 file photo, demonstrators walk through downtown St. Louis to demand a better minimum wage. On Thursday, Aug. 29, 2013, organizers say thousands of workers are set to stage walkouts in at least 50 cities around the...

  • Pending sales of US homes slip but remain solid

    August 29, 2013 • BusinessComments Off

    In this Tuesday, July 23, 2013, photo, a sold sign hangs outside a home in Mt. Lebanon, Pa. The National Association of Realtors reports on a measure of the number of Americans who signed contracts to buy homes in July on Wednesday, Aug. 28, 2013. (AP...

  • Advice for small companies: Take stock, take risks

    August 29, 2013 • BusinessComments Off

    In this Tuesday, Aug. 27, 2013 photo, David Rosenbaum, president of Real-Time Computer Services, poses in his office in New York. Rosenbaum says that keeping costs down should remain a priority for companies because customers are willing to bolt to another...

  • NM wildlife biologists investigating elk deaths

    August 29, 2013 • State NewsComments Off

    SANTA FE, N.M. (AP) — The Department of Game and Fish is investigating the deaths of more than 100 elk in northeastern New Mexico that may be linked to a virus. Department biologists traveled to the area in Game Management Unit 46 north of Las Vegas after...

  • Lawyers see recent gay marriages as legally solid

    August 29, 2013 • State NewsComments Off

    SANTA FE, N.M. (AP) — As hundreds of gay couples flock to courthouses around New Mexico to get married, they are closely watching the next steps to be taken by the state’s highest court, the Legislature and possibly voters to resolve lingering legal...

  • 130 animals found at NM home of dead woman

    August 29, 2013 • State NewsComments Off

    CLOVIS, N.M. (AP) — About 130 sick and dying animals have been discovered around the “deplorable” home of a 47-year-old New Mexico woman who was found dead, authorities in Curry County said Wednesday. The woman was found last week in a filthy...

  • News groups sue over health audit

    August 29, 2013 • State NewsComments Off

    LAS CRUCES, N.M. ‘ (AP) — The Las Cruces Sun-News and New Mexico in Depth have filed a lawsuit demanding that the state publicly release an audit that alleges fraud by 15 health providers. The news groups filed the lawsuit Tuesday against the New...

  • Ex-Gallup Housing Authority executive is indicted

    August 29, 2013 • State NewsComments Off

    ALBUQUERQUE, N.M. (AP) — The former executive director of the Gallup Housing Authority has been indicted for alleged fraud. New Mexico prosecutors said Wednesday that a federal grand jury has indicted 37-year-old Danny Garcia for allegedly engaging in a...