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48 charged in massive Medicaid fraud case

July 18, 2012 • BusinessComments Off

In this undated photo provided by the Federal Bureau of Investigation, a large supply of vials, pills and other medical supplies seized by the FBI in a drug diversion scheme are shown in the FBI’s evidence room in New York. Prosecutors say that the scheme cheated Medicaid out of hundreds of millions of dollars by [&hellip...

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Calif. restaurants duck weak state foie gras ban

July 18, 2012 • BusinessComments Off

FILE – In this May 11, 2012 file photo, Minty O’Callaghan, left, and Kathy Kuwaye enjoy a carrot soup topped with a foie gras cream at the Sent Sovi restaurant in Saratoga, Calif. California’s ban on foie gras could be a boon for at least one...

Cheaper gas keeps US consumer prices flat

July 18, 2012 • BusinessComments Off

FILE- In this Monday, June 11, 2012, photo, blouses hang on a rack at a clothing store in North Andover, Mass. Consumer prices were unchanged in June, held down by cheaper gas. Outside the volatile food and energy categories, inflation was mild. Weak growth...

Crossroads Granite offers highest quality workmanship and satisfaction

July 17, 2012 • Local Business ReviewComments Off

Kitchen counter with full backsplash installed by Crossroads Granite. Dale Bristow and Crossroads Granite also offer floor tile and All American Wood Cabinets. For granite or quartz work anywhere in the Pecos Valley, call Crossroads Granite at 575-746-2503....

Drought now grips more than half of the nation

July 17, 2012 • BusinessComments Off

Corn stalks struggling from lack of rain and a heat wave covering most of the country lie flat on the ground Monday, July 16, 2012 in Farmingdale, Ill. The nation’s widest drought in decades is spreading. More than half of the continental U.S. is now in...

Yahoo raids Google's ranks for its latest CEO

July 17, 2012 • BusinessComments Off

FILE- In this Monday, Dec. 7, 2009, file photo, Marissa Mayer, VP of Search Products and User Experience for Google, speaks in Mountain View, Calif. Yahoo announced Monday, July 16, 2012, it is hiring Mayer to be its next CEO, the fifth in five years as the...

Shell Oil ship mishap in Alaska fuels concerns

July 17, 2012 • BusinessComments Off

In this Saturday, July 14, 2012 photo provided by Capt. Kristjan B. Laxfoss, a Shell drilling ship drifts near shore near Dutch Harbor on Unalaska Island, Alaska. The Coast Guard says an inspection of the Shell drilling ship that lost its mooring and drifted...

US economy appears weaker as retail sales slump

July 17, 2012 • BusinessComments Off

In this Tuesday, June 19, 2012, photo, a shopper is seen through a window on display at a Lowe’s store in Atlanta. Americans cut their spending at retail businesses for a third straight month, as a weak job market made consumers more cautious. Retail...

Stocks close lower after consumer spending slides

July 17, 2012 • BusinessComments Off

FILE- In a July 13, 2012, file photo, traders work as the New York Stock Exchange nears closing. JPMorgan Chase blew away a cloud of concern hanging over the banking industry Friday and set off a rally in stocks. (AP Photo/Bebeto Matthews) NEW YORK (AP) —...

Microsoft, NBC dissolve MSNBC.com joint venture

July 16, 2012 • BusinessComments Off

FILE – In this Dec. 14, 1995, file photo, Robert Wright, president and chief executive officer of NBC, speaks in New York with Microsoft Chairman Bill Gates, displayed on screen, speaks from Hong Kong, during a news conference announcing that NBC and...