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  • McDonald's: Workers to get pay hikes at company-owned stores

    NEW YORK (AP) — McDonald's says it's raising pay for workers at company-owned U.S. restaurants, making it the latest employer to sweeten worker incentives in an improving economy. The fast-food chain owns about 10 percent of its more than 14,300 U.S. restaurants, representing about 90,000 workers. The rest are run by franchisees and McDonald's...

  • Getty oil heir's death latest in string of family tragedies

    LOS ANGELES (AP) — It's a family name that has long been associated with unimaginable wealth and sometimes unspeakable tragedy. The mysterious death of J. Paul Getty's grandson Andrew Getty is just the latest example of the latter. Andrew Getty, 47, was found dead Tuesday after authorities said his girlfriend called 911 to report discovering...

  • NY lawyer charged with helping con man in Maxim magazine bid

    NEW YORK (AP) — A lawyer accused of conspiring to help a con man in a ruse to borrow millions of dollars in a failed bid to buy Maxim magazine was arrested on Wednesday. Harvey Newkirk was freed on $500,000 bail after appearing in Manhattan federal court. He was charged with wire fraud conspiracy, wire fraud and aggravated identity theft in a...

  • US agency charges Kraft, Mondelez with wheat price rigging

    WASHINGTON (AP) — Federal regulators have charged two major U.S. food companies, Kraft and Mondelez, with manipulating prices for wheat and wheat futures in a scheme that reaped more than $5.4 million in profit. The Commodity Futures Trading Commission announced the civil charges Wednesday against the two companies. The agency said the...

  • Allegiant Air pilots strike averted by court ruling

    Pilots at discount carrier Allegiant Air were prevented in their plans to strike Thursday after a federal court issued a temporary restraining order. The Las Vegas-based airline had gone to court to block the strike, which would have grounded 250 flights and affected 33,000 customers. The airline does not have enough replacement crews to fly...

  • Seattle begins to phase in $15 minimum wage

    SEATTLE (AP) — Seattle's new $15 minimum wage law began going into effect Wednesday, nearly a year after this pricey West Coast city was celebrated by activists as the first metropolis to push employers into providing higher wages. The fast food workers who staged walkouts to advance the idea, however, won't be seeing anything close to $15 an...

  • Figures on government spending and debt

    WASHINGTON (AP) — Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

  • Micron Technology 2Q profit, revenue beat Street forecasts

    BOISE, Idaho (AP) — Micron Technology Inc. said Wednesday that its net income rose 28 percent in its fiscal second quarter as its sales picked up. Micron Technology said its net income totaled $934 million, or 78 cents per share, in the three months that ended on March 5. The Boise, Idaho-based company said it earned 81 cents per share when...

  • Indiana family says their pizzeria won't cater gay weddings

    WALKERTON, Ind. (AP) — An Indiana woman whose family owns a small-town pizzeria says the state's new "religious freedom" law supports the restaurant's right to deny service to any same-sex couples who might ask them to cater their wedding. Crystal O'Connor of Memories Pizza says her family would serve a gay couple or a non-Christian couple at...

  • Allegiant Air pilots' strike averted by court ruling

    Pilots at discount carrier Allegiant Air planned to go on strike at midnight Thursday, but their plans were thwarted after a federal court issued a temporary restraining order. Allegiant went to court to block the strike, which would have grounded 250 flights and affected 33,000 customers - some of whom use the airline's service in Colorado...

  • Hot cars at the New York International Auto Show

    NEW YORK (AP) — The New York International Auto Show opens this week with a mix of mainstream sedans and glitzier models from automakers across the globe. There are a handful of new midsize cars and compact cars, including the Malibu from Chevrolet, the Optima from Kia, Scion's first-ever sedan and a sporty new concept Civic from Honda that...

  • Business Highlights

    ___ Live in a Porsche? Designer labels draw Miami home buyers SUNNY ISLES BEACH, Florida (AP) — The wow factor for Miami's skyscraper condos no longer comes from a dazzling Atlantic Ocean view. It takes something more audacious to sell beachfront property these days to the global ultra-wealthy who arrive in Miami with millions to spend on...

  • McDonald's joins Wal-Mart, Gap, other cos. in raising wages

    NEW YORK (AP) — McDonald's said Wednesday it is raising pay for workers at restaurants that the company owns. Here's a look at all the big companies that recently have announced they are boosting hourly wages for their employees: In February Wal-Mart Stores Inc., the largest private employer in the U.S., said it will boost its minimum pay to...

  • Macerich and Sears are big market movers

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE The Macerich Co. (MAC), down $5.60 to $78.73 Simon Property Group called off its hostile $16.8 billion takeover bid for the mall operator after it was unanimously rejected. Petroleo Brasileiro SA...

  • Some staff at Colorado Springs orthopedics practice becoming part of Centura

    The administrative and support staff of Front Range Orthopaedics will become employees of Penrose-St. Francis Health Services' parent company, Centura Health, under a partnership announced Wednesday. Officials did not say how many employees are affected. Penrose-St. Francis spokeswoman Andrea Sinclair also said that all doctors with the...

  • Why businesses are speaking out on religious-objections laws

    NEW YORK (AP) — A bevy of big-name businesses including Apple, Gap and Levi Strauss are publicly speaking out against religious-objections legislation in states such as Indiana and Arkansas. The world's largest retailer and America's largest private employer, Wal-Mart Stores Inc., waded into the debate Tuesday when its CEO urged Arkansas Gov....

  • Jury rejects Michigan man's Heinz ketchup packet patent suit

    PITTSBURGH (AP) — A federal jury on Wednesday rejected a Michigan man's claims that a condiment package he patented in 1997 led H.J. Heinz Co. to develop its Dip & Squeeze ketchup packets in 2010. David Wawrzynski, 44, sued Heinz in U.S. District Court in Pittsburgh, claiming the "Little Dipper" package he invented led the Pittsburgh-based...

  • US stocks ease for second day; price of crude oil soars

    A batch of discouraging economic news deepened investors' concerns about corporate earnings, pulling major U.S. stock indexes down on Wednesday for the second day in a row. The modest slide cut the Standard & Poor's 500 index's gain for the year to less than one-tenth of a percent. Oil prices surged above $50 a barrel on signs that U.S....

  • CSHP's new urgent care clinic in Monument to open Monday

    Colorado Springs Health Partners plans to open its new urgent care clinic in Monument on Monday. Doctors began seeing family practice patients in early March at the new facility, 15909 Jackson Creek Parkway. The-15,800-square foot building replaces CSHP's former location off Deer Creek Road and includes 26 exam rooms and a variety of...

  • Senate has new deadline to avoid doctors' Medicare cuts

    WASHINGTON (AP) — Congress will get a little extra time to prevent a threatened 21 percent cut in Medicare payments to doctors. Technically, the cut was to take effect Wednesday. But the Department of Health and Human Services said it will hold off processing claims at the lower rate until April 15. The House has overwhelmingly passed a bill...

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