MENU

Asian stocks down after US turbulence, weak China growth

January 19, 2016 • BusinessComments (0)

A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Monday, Jan. 11, 2016. China’s stock benchmark plunged more than 5 percent and other Asian markets fell Monday as Wall Street’s decline and doubts about Beijing’s economic management kept appetite for riskier assets such as stocks [&hellip...

Read More

JC Penney to start selling home appliances again

January 19, 2016 • BusinessComments (0)

In this Thursday, Nov. 26, 2015, file photo, J.C. Penney General Manager Bridie Clinkscales hands out sales papers to Thanksgiving Day shoppers as they line up outside of the store at Eastdale Mall in Montgomery, Ala. Average price cuts this year on many...

Shareholder suit targets Viacom, CBS payments to Redstone

January 19, 2016 • BusinessComments (0)

DOVER, Del. (AP) — A shareholder of Viacom and CBS is suing the boards of the two media companies over payments to chairman Sumner Redstone. The lawsuit, filed Tuesday in Delaware Chancery Court, says company directors breached their fiduciary duties to...

Retirement liabilities remain despite state budget surplus

January 18, 2016 • BusinessComments (0)

In this Jan. 7, 2016 file photo, Gov. Jerry Brown holds a budget chart as he discusses his proposed 2016-17 state budget at a news conference in Sacramento, Calif. Despite a budget surplus in his proposed $122.6 billion spending plan, Brown and lawmakers face...

California pension overhaul backers won’t eye 2016 ballot

January 18, 2016 • BusinessComments (0)

SACRAMENTO, Calif. (AP) — Proponents of voter initiatives to curb public pensions in California said Monday they will no longer try to get a measure on the ballot this year. Former San Jose Mayor Chuck Reed and former San Diego Councilman Carl DeMaio said...

China economic growth edged down to 6.8 percent last quarter

January 18, 2016 • BusinessComments (0)

In this photo taken Monday Jan. 18, 2016, a vendor arranges his bags of garlic in a vegetable wholesale market in Binzhou in east China’s Shandong province. China’s economic growth edged down to 6.8 percent in the final quarter of 2015 as trade...

US, EU lift sanctions against Iran amid landmark nuke deal

January 16, 2016 • BusinessComments (0)

  VIENNA (AP) — The U.N. nuclear agency certified Saturday that Iran has met all of its commitments under last summer’s landmark nuclear deal, crowning years of U.S.-led efforts to crimp Iran’s ability to make atomic weapons. For Iran, the...

UN panel: $40 billion needed to aid people in war, disasters

January 16, 2016 • BusinessComments (0)

UNITED NATIONS (AP) — An estimated $40 billion is needed annually to help the rapidly growing number of people needing humanitarian aid as a result of conflicts and natural disasters — and one possibility to help fill the $15 billion funding gap is a...

Stock market slides again; worst two-week start to a year

January 15, 2016 • BusinessComments (0)

(AP) — Never before has Wall Street gotten off to a worse start to a year. The stock market capped the first two weeks of 2016 with a steep slide Friday that sent the Dow Jones industrial average down nearly 400 points. All three major stock indexes — the...

Heart-pounding action? Hollywood can now measure that

January 15, 2016 • BusinessComments (0)

LOS ANGELES (AP) — Ever been told a movie is a heart-pounding thriller that’ll have you on the edge of your seat? Thanks to wearable technology, Hollywood has the tools to prove it. 20th Century Fox says that it used a wearable wristband on over 100...

} } };