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Utah game developer jailed for not paying wages

October 19, 2012 • BusinessComments Off

This undated photo provided by the Utah Attorney General’s Office shows David M. Rushton, the developer of popular video games including “Alvin and the Chipmunks” and “Tiger Woods PGA Tour 2005,” who began serving a yearlong jail sentence on Oct. 10, 2012, for failing to pay more than 100 employees their wages. The Utah Attorney...

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Hybrid vehicle battery creator Ovshinsky, 89, dies

October 19, 2012 • BusinessComments Off

FILE – This Aug. 23, 2002 file photo shows Stanford Ovshinsky, center, co-founder of Energy Conversion Devices Inc. with his wife Iris, right, appeared with U.S. Secretary of Energy Spencer Abraham at a news conference at the company’s offices in...

Cos. walk a tricky line with endorsements

October 19, 2012 • BusinessComments Off

FILE – In this March 15, 2011 photo, a customer ties a Nike’s Livestrong shoe, which supports the Lance Armstrong Foundation, at a shoe store in San Francisco. Nike forgave a contrite Tiger Woods after his infidelity was exposed. It welcomed back...

Macy’s launches new brands to target millennials

October 19, 2012 • BusinessComments Off

This undated photo provided by Macy’s shows a clothing display which is part of the retailer’s Macy’s Millennial strategy. Announced in spring 2012 with an internal restructure to focus on this customer and a plan to be implemented in...

Google delivers 3Q letdown early, stock plummets

October 19, 2012 • BusinessComments Off

FILE – In this Wednesday, Oct. 17, 2012, file photo, people attend a workshop, “New York Get Your Business Online,” at Google offices in New York. Google Inc.’s stock plunged suddenly on Thursday, Oct. 18, 2012, after a contractor...

PepsiCo profit dips; more ads, new products on tap

October 18, 2012 • BusinessComments Off

In this Monday, Oct. 15, 2012, photo, a bottle of Pepsi is displayed next to popcorn in Pembroke Pines, Fla. PepsiCo Inc.’s net income dipped 5 percent in the third quarter, as the food and beverage maker poured more money into bolstering its flagship...

World Food Prize activities attract Occupy protest

October 18, 2012 • BusinessComments Off

In a Tuesday Oct. 16, 2012 photo, farmer and philanthropist Howard Buffett is keynote speaker for Iowa Hunger Summit, hosted by the World Food Prize Foundation. As the Des Moines-based foundation prepares for its 2012 award ceremony, which will be attended by...

Sony redo of PlayStation Store links games, movies

October 18, 2012 • BusinessComments Off

This image provided by Sony Corp. shows a screen shot displaying Sony’s new PlayStation Store. Sony Corp. is preparing a common storefront across devices from its game console to its Web-connected TVs, Blu-ray players and phones. The store puts related...

EBay posts higher 3Q earnings, revenue

October 18, 2012 • BusinessComments Off

Two women walk in front of a eBay sign at the company’s headquarters in San Jose, Calif., Wednesday, Oct.17, 2012. EBay says its third-quarter net income grew 22 percent, helped by higher revenue at its PayPal payments service and the marketplaces...

Halliburton 3Q profit falls on drilling slowdown

October 18, 2012 • BusinessComments Off

FILE – In this Feb. 22, 2012, file photo, Halliburton employees receive training from Williston State College’s Train ND program, in Fargo, N.D. Halliburton Co. said Wednesday, Oct. 17, 2012, its third-quarter net income fell 12 percent as...