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Labor market still needs Fed support, chair says

July 15, 2014 • BusinessComments (0)

Federal Reserve Chair Janet Yellen listens as she testifies on Capitol Hill in Washington, Tuesday, July 15, 2014, before the Senate Banking Committee. Yellen said Tuesday that the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to boost growth and improve labor market conditions. (AP [&hellip...

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Senate backs 2 nominees to serve on energy panel

July 15, 2014 • BusinessComments (0)

FILE – This Feb. 9, 2011 file photo shows Federal Energy Regulatory Commission (FERC) Acting Chair Cheryl LaFleur speaking in Omaha, Neb. The Senate has approved two nominees for the Federal Energy Regulatory Commission under an unusual political deal...

US preparing unilateral sanctions on Russia

July 15, 2014 • BusinessComments (0)

FILE – This July 14, 2014 file photo shows black smoke billowing following a mortar attack during fighting between Ukrainian government troops and pro-Russian fighters in Luhansk, Ukraine. The United States is considering imposing unilateral sanctions...

Anxiety grows as possible NY rail strike nears

July 15, 2014 • BusinessComments (0)

Pedestrians wait to ride a train at Jamaica station on the Long Island Rail Road Tuesday, July 15, 2014, in New York. Prospects of a strike which the unions said they were planning at 12:01 a.m. next Sunday, would affect 300,000 daily riders who travel in and...

Brewery boom marks bright spot in NM economy

July 14, 2014 • BusinessComments (0)

Red Door Brewing Co. owners Matt Biggs, right, and Jeff Hart discuss their plans while taking a break from setting up a new brew house and taproom in Albuquerque, N.M. Dozens of breweries and taprooms have popped up in New Mexico in recent years, and state...

Citigroup to pay $7B in subprime mortgages probe

July 14, 2014 • BusinessComments (0)

Attorney General Eric Holder participates in a news conference at the Justice Department in Washington Monday, July 14, 2014, where it was announced that Citigroup will pay $7 billion to settle an investigation into risky subprime mortgages, the type that...

‘Complicated’ Detroit bankruptcy vote out July 21

July 14, 2014 • BusinessComments (0)

FILE- Retiree Evelyn Smith, left, protests near the federal courthouse in Detroit on July 3, 2014. Ballots submitted by city workers, retirees, pensioners and other creditors likely will determine how quickly Detroit exits its historic bankruptcy. On Monday,...

Golden Globe producers, organizers settle lawsuit

July 14, 2014 • BusinessComments (0)

FILE – In this Jan. 13, 2013 file photo, actress Anne Hathaway arrives at the 70th Annual Golden Globe Awards at the Beverly Hilton Hotel, in Beverly Hills, Calif. The organization that puts on the Golden Globe Awards and the company that produces the...

Producer says filming in Jerusalem ‘exhilarating’

July 14, 2014 • BusinessComments (0)

This image released by USA Network shows, from left, Co-Creator/Executive Producer Tim Kring, with actors Anne Heche, and Jason Isaacs participating in the “Dig” panel of the NBCUniversal Press Tour, July 2014 on Monday, July 14, 2014 in Beverly...

MTA head cites wide gulf in LIRR contract talks

July 14, 2014 • BusinessComments (0)

http://www.apexchange.com/Content/preview/2014/20140714/18/697cfb08797be21b590f6a7067003d9d.jpg FILE – In this Nov. 1, 2012 file photo, a train makes its way to the Long Island Rail Road (LIRR) Jamaica Station in the Queens borough of New York. Unions...