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  • How can Google snap its stock out of its stupor?

    SAN FRANCISCO (AP) — Google has turned into a stock market laggard as the shift to mobile devices has lowered the Internet search leader's digital ad prices and the company's expensive investments in far-out technology has trimmed its profit margins. Those factors have left some investors wondering what Google might do to boost its stock...

  • Meet Ida May Fuller, recipient of 1st Social Security check

    LUDLOW, Vt. (AP) — Seventy-five years ago Saturday, the government cut 65-year-old Ida May Fuller of Vermont a check for about $22 — the first Social Security payout. It secured Fuller, who never married and had no children, a place in American history. She was born on a farm outside Ludlow in the Green Mountains. Future President Calvin...

  • Smart Spending: Why investors are applauding Amazon earnings

    NEW YORK (AP) — Amazon.com Inc.'s fourth-quarter earnings roundly beat analyst expectations, sending the Seattle e-commerce giant's stock soaring 14 percent in aftermarket trading. Here's a closer look at what investors applauded and hope continues. SMART SPENDING Operating expenses rose 15 percent to $28.74 billion but that was less than...

  • Builder projects 18-month delay for nuclear plant in Georgia

    ATLANTA (AP) — Southern Co. said the firms building its new nuclear power plant in Georgia estimate the project will be delayed 18 months, potentially costing the power company $720 million in new charges, company officials said Thursday. The latest delay at Plant Vogtle is another setback for a project that was supposed to prove nuclear...

  • Senate passes bill approving Keystone XL oil pipeline

    WASHINGTON (AP) — The Republican-controlled Senate on Thursday approved a bipartisan bill to construct the Keystone XL oil pipeline, defying a presidential veto threat and setting up the first of many battles with the White House over energy and the environment. The 62-36 vote advanced a top priority of the newly empowered GOP, and marked the...

  • Google's 4Q earnings disappoint, but CFO eases the letdown

    SAN FRANCISCO (AP) — Google has gotten into the habit of missing analysts' earnings targets, frustrating investors who believe the online search leader would be more profitable it wasn't pouring so much money into far-flung projects such as Internet-connected eyewear and driverless cars. The latest letdown came Thursday with the release of...

  • Shares of Hawaiian Airlines parent fall after 1Q outlook

    DALLAS (AP) — Shares of Hawaiian Airlines' parent fell sharply in extended trading Thursday after the company said a key revenue measure would decline in the first quarter. The strengthening of the dollar has reduced revenue that Hawaiian earns on tickets it sells in Asia, and the company also expects lower fuel surcharges on international...

  • Investors crave Shake Shack: IPO prices above expected range

    NEW YORK (AP) — Investors apparently have a craving for a better burger. Hamburger chain Shake Shack Inc. has priced its initial public stock offering at $21 per share, above its proposed range of $17 to $19 per share. It sold 5 million shares, raising $105 million. The banks managing the deal may buy 750,000 more shares. Shake Shack cooks...

  • Exploding air bag may have killed Texas man

    HOUSTON (AP) — Federal safety regulators are looking into the death of a Texas man who may be the latest victim of exploding automobile air bags made by Takata Corp. of Japan. The man, identified by authorities as Carlos Solis, 35, died in a low-speed crash in the Houston area when an air bag inflated and sent shrapnel into his neck, U.S....

  • Dartmouth bans hard liquor, takes steps to prevent rape

    HANOVER, N.H. (AP) — Dartmouth College banned hard liquor on campus Thursday and said all students will have to take part in a sexual violence prevention program all four years they are at the Ivy League school. Dartmouth has long tried to move past its hard-partying reputation, but the latest steps come amid a national furor over sexual...

  • Administration to seek $1 billion for tribal schools

    WASHINGTON (AP) — The Obama administration says it will ask Congress for $1 billion next year to run schools for Native American children — including millions in new money to help fix crumbling buildings. The request — $150 million more than in this year's budget — sets aside $58 million in new funding for school construction and $18 million...

  • Manitowoc says it will split into 2 companies in 2016

    NEW YORK (AP) — Crane-maker and food service company Manitowoc said Thursday it will split itself in two, a move encouraged by activist investors. Manitowoc said it plans to spin off the food service business, which had $1.6 billion in revenue in 2014 and makes equipment including ice, beverage, refrigeration, food preparation, and cooking for...

  • Land commissioner halts huge renewable energy project

    ALBUQUERQUE, N.M. (AP) — New Mexico Land Commissioner Aubrey Dunn has put the brakes on a $2 billion transmission project that would carry electricity generated by renewable resources in New Mexico and Arizona to markets across the West. Dunn announced late Wednesday that he was issuing a 60-day suspension after meeting with the developers....

  • Yellowstone oil spills fuel arguments over Keystone line

    BILLINGS, Mont. (AP) — Oil pipeline accidents have become increasingly frequent in the U.S. as Congress presses the Obama administration to approve the Keystone XL pipeline — a project that would pass near the spot where 30,000 gallons of crude spilled into Montana's Yellowstone River earlier this month. The Montana pipeline breach temporarily...

  • Amazon's big spending pays off in 4th quarter

    NEW YORK (AP) — It was a Prime quarter for Amazon. Amazon surprised investors on Thursday with a fourth-quarter profit that soundly beat expectations, despite a continued increase in spending and a slight sales miss, partly linked to the strong dollar. Investors drove shares up over 11 percent in aftermarket trading. Amazon's strategy always...

  • Colorado Springs real estate continues its ups and downs

    Not all Colorado Springs real estate is created equal - at least, in the aftermath of the Great Recession. Area home sales and prices rose last year and seem to be on track for a solid start in 2015. The local apartment market was hot in 2014 and shows no signs of reversing course. Commercial real estate, however, is a mixed bag; shopping...

  • Thousands of high-paying jobs coming to Colorado Springs?

    In one of the more upbeat business forecasts in recent years, a top economic development official said Thursday that Colorado Springs is in the running to snag employers who could bring as many as 2,000 high-paying jobs to town - part of a recent upswing in interest in the Pikes Peak region by companies big and small. Andy Merritt, the...

  • Colorado Springs mortgage lender gives up 'Freedom' for new name

    Freedom Financial Services, a Colorado Springs mortgage lender and division of Mortgage Solutions of Colorado, has changed its name to Mortgage Solutions Financial, the company said Thursday. The change takes effect immediately and will be finalized by April 30 as the company updates its logos and signs. The company said it chose the...

  • Colorado Springs company has second layoff in three months

    Diamond Wire Material Technologies, a Colorado Springs-based diamond-wire cutting business, laid off 43 employees Wednesday, its second major cutback in the past three months. The reduction leaves Diamond Wire with about 150 employees who develop and manufacture the wire, which is used in the solar, optical and semiconductor industries, said...

  • Venezuelan hedge fund manager gets 13 years for fraud scheme

    BRIDGEPORT, Conn. (AP) — A Venezuelan-American hedge fund manager was sentenced Thursday to 13 years in prison for running a Connecticut fraud scheme involving hundreds of millions of dollars from Venezuela's state oil company. Francisco Illarramendi expressed remorse and told the judge he committed his crimes only to cover up investment...

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