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  • US bankruptcy ruling possible for California city

    SACRAMENTO, Calif. (AP) — A federal judge could rule Wednesday on a bankruptcy exit plan for Stockton, the largest city in California to file for Chapter 9 protection. U.S. Bankruptcy Judge Christopher Klein has scheduled a hearing in Sacramento in a trial that has lasted more than four months. "We're looking forward to exiting bankruptcy and...

  • General Mills plans to cut about 700 to 800 jobs

    NEW YORK (AP) — General Mills plans to cut approximately 700 to 800 jobs, the second time it's trimmed its work force in a month, as the food company adjusts for a shift by U.S. consumers away from boxed or frozen meals. The Minneapolis company that owns Betty Crocker and Green Giant brands said in a regulatory filing that the job cuts will...

  • Ahead of the Bell: Angie's List soars

    Shares of Angie's List Inc. soared in premarket trading Wednesday after the Financial Times reported that the consumer reviews service was considering a sale of its business. The newspaper, citing sources it did not identify, said Tuesday that the Indianapolis company has hired bankers to help it explore strategic options, but it was not...

  • Marathon Petroleum's Speedway closes on Hess deal

    FINDLAY, Ohio (AP) — Marathon Petroleum's Speedway has completed its $2.82 billion purchase of Hess' retail operations and other assets. Hess is the largest chain of company-operated gas stations and convenience stores on the East Coast. In May when the deal was announced, the companies said that Hess gas stations will all be rebranded as...

  • Could a merger follow the PayPal-eBay split?

    NEW YORK (AP) — PayPal's split from long-time partner eBay Inc. makes Carl Icahn mighty happy. But he doesn't think PayPal should stay single for long. Icahn, who months ago called on eBay to spin off the lucrative online and mobile payment service, continues to believe that the payments field must be consolidated, either by PayPal buying up...

  • ADP completes spinoff of CDK Global

    HOFFMAN ESTATES, Ill. (AP) — Automatic Data Processing Inc., the payroll processor, said Wednesday that it has completed its spinoff of CDK Global Inc. CDK, which provides technology and marketing services to auto dealers, will start trading on the Nasdaq stock exchange Wednesday. Its ticker symbol is "CDK." ADP, based in Roseland, New...

  • Colorado's marijuana market getting new competition

    DENVER — Colorado's new marijuana industry is in for a brand new element Wednesday — competition. The state gave medical marijuana dispensaries and growers a nine-month exclusive on the new recreational pot business, fearing an unmanageable explosion of new businesses. The grandfathering period expires Wednesday, meaning pot shops and...

  • Susan Saksa to step down as head of Leadership Pikes Peak

    Susan Saksa will leave 
Oct. 10 after nearly a decade heading Leadership Pikes Peak, which has more than doubled in size since she became its executive director. Saksa, 59, will be replaced on an interim basis by Sue Ross, who served on the nonprofit's Board of Trustees for six years, including two as president, while Leadership Pikes Peak...

  • App teaches kindergartners basic computer coding

    CAMBRIDGE, Mass. (AP) — Researchers in Massachusetts have created an app that teaches basic computer programming to kindergartners. Children as young as 5 can use the app to craft their own interactive stories and games. They don't even have to know how to read. In the free app ScratchJr, children can snap together graphical programming...

  • Court mulls legality of firing for pot use off job

    DENVER (AP) — Pot may be legal in Colorado, but you can still be fired for using it. Now, the state's highest court is considering whether workers' off-duty use of medical marijuana is protected under state law. Colorado's Supreme Court on Tuesday heard arguments in a case involving Brandon Coats, a quadriplegic medical marijuana patient who...

  • Michelin Guide knocks Daniel down to 2 stars

    The Michelin Guide's latest roster of top New York City restaurants says Brooklyn and Queens are hot, but Daniel Boulud has lost a little sizzle. For the past three years, the same seven restaurants have held a virtual lock on the organization's coveted three-star rating: Daniel, Per Se, Masa, Le Bernardin, Eleven Madison Park, Jean Georges...

  • Casino mogul says experience, not gambling, is key

    LAS VEGAS (AP) — Steve Wynn had some advice. It hasn't been the gambling that's key to casinos' success. It's everything else. That's why after he recently won the opportunity to build Boston's first casino-hotel, he said he has grand plans for a property that will feature an entry akin to those in Las Vegas, but will tuck slot machines and...

  • AP Source: US and Brazil resolve trade fight

    WASHINGTON (AP) — The United States and Brazil have resolved a decade-long trade battle over subsidies Washington provided to American cotton growers, an official close to the negotiations said late Tuesday. The agreement would resolve a bitter trade fight that had strained relations between the two countries since 2002 when Brazil brought a...

  • Netflix takes aim at the theatrical window

    NEW YORK (AP) — Hollywood's carefully controlled system of movie rollouts is officially under siege. Windowing — the practice of opening a movie first in theaters and then in other stages of home video, streaming and television release — has been under increasing pressure as smaller screens fight against the prominence of the theatrical big...

  • What's PayPal's first solo move?

    NEW YORK (AP) — PayPal's impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as Amazon.com and give it the freedom to aggressively take on new mobile pay challenger Apple Pay. For eBay, the challenge will be how to drive revenue without its fastest-growing division. The move marks a...

  • Enbridge delays ND oil pipeline at least a year

    BISMARCK, N.D. (AP) — A Canadian company that wants to build the largest oil pipeline yet from western North Dakota's booming oil patch is delaying the project for at least a year due to permitting problems in Minnesota. Calgary, Alberta-based Enbridge Energy Partners LP disclosed the delay of the $2.6 billion Sandpiper pipeline in a filing...

  • FTC to retailers: Drop your caffeinated drawers

    PORTLAND, Ore. (AP) — If you purchased caffeine-infused underwear because of promises it will make you thinner, federal regulators say you were hoodwinked — but at least you can get your money back. The Federal Trade Commission announced Monday that two companies — Norm Thompson Outfitters of Oregon and Wacoal America Inc. of New Jersey — have...

  • Shares of companies testing Ebola vaccines rise

    NEW YORK (AP) — Shares of some companies that are studying potential vaccines for Ebola climbed after federal officials announced that the first case of the disease has been diagnosed in the U.S. The Centers for Disease Control said a patient being treated at a hospital in Dallas tested positive for the disease. Ebola is believed to have...

  • Colorado Springs, El Paso County leaders unite in effort to spare military cuts in region

    WASHINGTON - Political rivalries and local squabbles subsided Tuesday as Pikes Peak region politicians and business leaders hit the Pentagon in a bid to spare El Paso County's five military bases from steep budget cuts. While Colorado Springs Mayor Steve Bach and El Paso County Commissioner Amy Lathen may be warring over stormwater back home...

  • SEC charges 2 with insider trading of Herbalife

    NEW YORK (AP) — The Securities and Exchange Commission said Tuesday that it charged two men with insider trading after they learned that hedge fund manager Bill Ackman was betting against Herbalife Ltd.'s stock. The SEC said Filip Szymik, 28, was told by his roommate, then an analyst at Ackman's hedge fund, Pershing Square Capital Management,...

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