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Japan’s economy shrinks in 4Q, stays in recession

February 13, 2013 • BusinessComments (0)

FILE – In this Feb. 6, 2013 file photo, a man walks past an electronic stock indicator of a securities firm in Tokyo. Japan’s economy remained mired in recession late last year, shrinking 0.4 percent in annualized terms for the third straight quarter of contraction on feeble demand both at home and overseas, the government [&hellip...

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AP Sources: American Airlines, US Airways to merge

February 13, 2013 • BusinessComments (0)

FILE – In this Feb. 7, 2013 file photo, a US Airways jet taxis past an American Airlines jet parked at the gate at Sky Harbor International Airport in Phoenix. The merger of US Airways and American Airlines has given birth to a mega airline with more...

Venezuela devalues currency amid dollar shortage

February 13, 2013 • BusinessComments (0)

FILE – In this Oct. 24, 2007 file photo, a woman looks at oversized versions of the new Venezuelan currency, coined the ‘Strong Bolivar’ in Caracas, Venezuela. Venezuela’s government announced Friday, Feb. 8, 2013, that it is devaluing...

Gov. Inslee unveils $120 million jobs package

February 13, 2013 • BusinessComments (0)

Washington State Gov. Jay Inslee, right, rolls out his jobs package during a “Working Washington Agenda” news conference, Wednesday, Feb. 13, 2013, in Olympia. (AP Photo/The Seattle Times, Ken Lambert) OUTS: SEATTLE OUT, USA TODAY OUT, MAGAZINES...

Obama minimum wage plan renews economic debate

February 13, 2013 • BusinessComments (0)

President Barack Obama speaks to workers and guests at the Linamar Corporation plant in Arden, N.C., Wednesday, Feb. 13, 2013, as he travels after delivering his State of the Union address Tuesday. (AP Photo/Chuck Burton) WASHINGTON (AP) — President Barack...

After State of the Union speech, Obama visits NC

February 13, 2013 • BusinessComments (0)

President Barack Obama speaks during a visit to Linamar Corporation in Arden, N.C., Wednesday, Feb. 13, 2013, the day after delivering his State of the Union address. (AP Photo/Charles Dharapak) ARDEN, N.C. (AP) — For Valerie Blackburn, President Barack...

Apple CEO: Shareholder lawsuit is ‘silly sideshow’

February 12, 2013 • BusinessComments (0)

FILE – In this Wednesday, March 7, 2012 photo, Apple CEO Tim Cook announces the new iPad in San Francisco. Apple CEO Tim Cook is calling a shareholder lawsuit against the company a “silly sideshow,”on Tuesday, Feb. 12, 2013, even as he said...

G7 seeks to defuse currency war fears

February 12, 2013 • BusinessComments (0)

In this Friday, Feb. 8, 2013 photo, traders work under a screen indicating the U.S. dollar is trading at 93.530 yen on the foreign exchange market in Tokyo. Against the dollar, the yen is near a three-year low and looks set to weaken further as the Bank of...

Comcast to buy GE’s stake in NBCUniversal early

February 12, 2013 • BusinessComments (0)

FILE – In this Friday, Aug. 21, 2009, file photo, the NBC logo glows in neon lights among other iconic signs at its headquarters in New York. Comcast said Tuesday, Feb. 12, 2013, that it’s buying General Electric’s 49 percent stake in the...

Police arrest man accused of mass stabbing in Guam

February 12, 2013 • BusinessComments (0)

Guam Police Department officers secure the scene after a 21-year-old Chad Ryan Desoto of Tamuning allegedly drove a Toyota Yaris through a crowd of people in the island’s visitor district in Tumon, Guam on Tuesday, Feb. 12, 2013, crashing into an ABC...