Business | Colorado Springs Gazette

AP Business Headlines view all

  • Natural Grocers dropping Colorado-based product under dairy rules

    FORT COLLINS — Natural Grocers plans to stop selling yogurt from another Colorado-based company, Noosa, as it switches to pastured-based dairy products. Last spring, Lakewood-based Natural Grocers announced that it would phase out milk and other dairy products from cows that don't spend at least 120 days a year grazing outdoors on grass, the...

  • Merck begins offer for Cubist shares in $8.4 billion deal

    WHITEHOUSE STATION, N.J. (AP) — The drugmaker Merck is launching its previously-disclosed $8.4 billion offer to buy Cubist Pharmaceuticals shares in a deal that aims to strengthen its ability to treat serious infections, an issue drawing growing concern globally. Merck said earlier this month that it will pay $102 in cash for each share of...

  • Gift Guide: Strong photo, video gear options

    ATLANTA (AP) — What to buy an experienced photographer or video shooter? There is some strong gear on the market from Nikon, GoPro and Domke. ___ — Nikon D750 camera ($2,300 body only; $3,000 kit with 24-120mm lens): I couldn't find anything to complain about the D750 after spending a few weeks with it. The handsome digital single-lens...

  • Blackberry posts 3Q adjusted profit, revenue down

    NEW YORK (AP) — Blackberry reported an adjusted profit for its fiscal third quarter but its revenue fell, missing analysts' estimates. Its shares fell more than 4 percent in morning trading Friday, Blackberry was considered a game changer in 1999 when it launched the RIM 950, which allowed on-the-go business people to access email wirelessly....

  • Used car dealer CarMax 3Q profit up 22 pct

    RICHMOND, Va. (AP) — CarMax reported a 22 percent jump in third-quarter earnings Friday as the used car dealership chain sold more cars and expanded its footprint across the U.S. The Richmond, Virginia, company earned $130 million, or 60 cents per share, for the period ended Nov. 30, up from $106.4 million, or 47 cents per share, a year ago....

  • Chrysler to recall about 288K Ram pickup trucks

    DETROIT (AP) — Chrysler is recalling about 288,000 older Ram pickup trucks in North America and elsewhere because the rear axle can seize or the drive shaft can fall off. The recall covers Ram 1500 pickups from the 2005 model year. Chrysler says in documents posted Friday by U.S. safety regulators that the rear-axle pinion nut can come loose....

  • US stocks open mostly higher after a two-day rally

    NEW YORK (AP) — Stocks are opening mostly higher in the U.S. as the market comes off a massive two-day rally. The Dow Jones industrial average was up 12 points, or 0.1 percent, to 17,786 as of 9:35 a.m. Eastern time Friday. The Dow had surged 421 points the day before, its biggest gain in three years. The Standard & Poor's 500 gained two...

  • US agriculture has big appetite for Cuba trade

    MINNEAPOLIS (AP) — U.S. agriculture has a big appetite for freer trade with Cuba. From wheat to rice to beans, the industry stands to be one of the biggest beneficiaries of President Barack Obama's plan to ease economic and travel restrictions imposed against the communist-ruled island. Agricultural exports have been among the few exceptions...

  • Finish Line 3Q results mixed, cuts 2015 outlook

    INDIANAPOLIS (AP) — The Finish Line Inc. reported a higher fiscal third-quarter profit, but its adjusted results fell short of Wall Street's expectations as it dealt with some charges and merchandise margin pressure. The Indianapolis company also cut its fiscal 2015 adjusted earnings forecast. Its stock fell more than 12 percent in premarket...

  • Xerox selling ITO unit, stock edged up in premarket

    NORWALK, Conn. (AP) — Shares of Xerox are edging higher in premarket trading Friday after the business services provider disclosed that it is selling its information technology outsourcing division to France's Atos for $1.05 billion. Xerox's ITO business includes about 9,800 employees in 45 countries. Those workers and the ITO management team...

  • Colorado vows to defend marijuana law against states' challenge

    DENVER — Colorado's top law enforcement official promises to vigorously defend the state's historic law legalizing marijuana after Nebraska and Oklahoma asked the U.S. Supreme Court to declare it unconstitutional, saying the drug is freely flowing into neighboring states. The two states filed a lawsuit seeking a court order to prevent...

  • How the AP-GfK Poll was conducted

    The Associated Press-GfK poll on drones was conducted by GfK Public Affairs and Corporate Communications Dec. 4-8. It is based on online interviews of 1,010 adults who are members of GfK's nationally representative KnowledgePanel. The original sample was drawn from respondents recruited by phone or mail survey methods. GfK provides Internet...

  • It's law now: 'No Social Security for Nazis'

    WASHINGTON (AP) — President Barack Obama on Thursday capped a swift and forceful response to an Associated Press investigation by signing into law a measure that bars suspected Nazi war criminals from receiving U.S. Social Security benefits. The AP's investigation, which was the impetus for the No Social Security for Nazis Act, found that...

  • MOVERS & SHAKERS

    Nikki Landry has been named program director and on-air talent at KKMG in Colorado Springs. She succeeds Derreck Rusch, who continues as the station's morning host and promotion director. In her most recent job, Landry was program director at WEBL/WUMY in 
Memphis. get More, submit item See Sunday's Business section for more Movers &...

  • Will artists skip studio support after Sony scandal?

    LOS ANGELES (AP) — Sony's decision to cancel "The Interview" in the face of terrorist threats is already affecting the way Hollywood does business. It has outraged artists, killing their faith in studios to release edgy content. But it's also inspired a rare hush across a usually chatty industry as everyone from moguls to makeup artists takes...

  • Companies' data security in question after Sony hack

    ATLANTA (AP) — Companies across the globe are on high alert to tighten up network security to avoid being the next company brought to its knees by hackers like those that executed the dramatic cyberattack against Sony Pictures Entertainment. The hack, which a U.S. official has said investigators believe is linked to North Korea, culminated in...

  • California's top utility regulator defends record

    SAN FRANCISCO (AP) — California's chief utility regulator ended the last scheduled public hearing of his increasingly embattled 12-year term Thursday with no explicit reference to the alleged back-channel dealings with the state's largest utility company that have marred his tenure. California Public Utilities Commission President Michael...

  • Sides 'far apart' in West Coast port negotiations

    LOS ANGELES (AP) — While West Coast seaports struggle to keep up with billions of dollars of cargo, dockworkers and their employers apparently aren't close to a new contract nearly six months after their old deal expired. Longshoremen have continued to work without a contract at 29 ports from San Diego to Seattle that are a vital trade link...

  • Louisville 1st-in-South to raise minimum wage

    LOUISVILLE, Ky. (AP) — Louisville became the first city in the South to raise the minimum wage, joining 20 other local governments nationwide that have increased the hourly wage. The Louisville Metro Council voted Thursday night to raise the minimum wage to at least $9 per hour by 2017. The current federal minimum wage is $7.25. The increase...

  • Hellmann's maker Unilever drops suit over 'Just Mayo'

    Hellmann's mayonnaise maker Unilever has withdrawn its lawsuit against the maker of "Just Mayo." Unilever filed suit against Hampton Creek earlier this year claiming the name of the small California company's product amounted to false advertising. The consumer-products giant, whose U.S. arm is based in Englewood Cliffs, New Jersey, had said...

Advertisement

Submit Your Business Press Release

Submit Press Release
Advertisement

Leading Lawyers

Advertisement
Advertisement
Advertisement
Advertisement