More Business - !movers And Shakers Articles

  • Yahoo says it will buy back $2 billion in stock

    Updated: Thu, Mar 26, 2015

    NEW YORK (AP) — Yahoo says it will buy back $2 billion in company stock as it prepares to spin off its stake in Chinese e-commerce company Alibaba. Investors were pushing Yahoo to use some of the proceeds from the Alibaba spinoff to buy back stock, and the company had said it would...

  • Google's new CFO gets $70M for defecting from Morgan Stanley

    Updated: Thu, Mar 26, 2015

    SAN FRANCISCO (AP) — Google just found out that luring a top executive from Wall Street to Silicon Valley is expensive. The Mountain View, California, company is paying its new chief financial officer, Ruth Porat, more than $70 million to defect from the same job at New York...

  • Woman testifies about gifts from ex-owner of Clippers

    Updated: Thu, Mar 26, 2015

    LOS ANGELES (AP) — The woman who recorded Donald Sterling's racially offensive remarks says she loved him and called him her hubby, but they never had a romance. V. Stiviano testified Thursday in Los Angeles Superior Court in her effort to retain more than $3.5 million the...

  • Bankruptcy hearing could decide fate of RadioShack

    Updated: Thu, Mar 26, 2015

    WILMINGTON, Del. (AP) — A hearing on whether to approve the bankruptcy sale of assets of electronics retailer RadioShack opened Thursday with the company seeking court approval of the purported winning bid, and an attorney for a losing bidder describing the auction as a sham and asking...

  • Worker struck by new roller coaster during testing at park

    Updated: Thu, Mar 26, 2015

    ELYSBURG, Pa. (AP) — A worker is recovering from a broken hand and staples in his head after being struck by a newly built roller coaster during testing at a Pennsylvania amusement park. A Knoebels Amusement Resort spokeswoman said the company employee was struck by the Impulse roller...

  • Obama praises payday lender rules, vows veto of limitations

    Updated: Thu, Mar 26, 2015

    BIRMINGHAM, Ala. (AP) — Embracing proposed new rules aimed at payday lenders, President Barack Obama on Thursday said working families need protections from heavy debt burdens and warned Republicans that he would veto attempts to unravel regulations that govern the financial industry....

  • Diet sodas fall in US; Pepsi takes back No. 2 spot

    Updated: Thu, Mar 26, 2015

    NEW YORK (AP) — Americans bought less soda for the 10th straight year in 2014, with diet sodas shrinking more than their sugary counterparts, according to a report released Thursday. An annual report by the industry tracker Beverage Digest found that overall soda volume slipped 0.9...

  • Meerkat vs. Periscope: Live-streaming app battle & buzz

    Updated: Thu, Mar 26, 2015

    NEW YORK (AP) — Download Periscope, Twitter's just-launched live video-streaming app, and you'll find people broadcasting all sorts of mundane stuff: waiting for AT&T to fix their wiring, getting out of bed in Silicon Valley, looking outside their office window in Chicago. Watch the...

  • Business Highlights

    Updated: Thu, Mar 26, 2015

    ___ How gov't aims to protect low-income users of 'payday' loans WASHINGTON (AP) — Each month, more than 200,000 needy U.S. households take out what's advertised as a brief loan. Many have run out of money between paychecks. So they obtain a "payday" loan to tide them over. Problem...

  • American Apparel discloses SEC probe tied to former CEO

    Updated: 15 min ago

    NEW YORK (AP) — American Apparel says the Securities and Exchange Commission is investigating unspecified matters tied to its former CEO, Dov Charney. The Los Angeles-based clothing retailer said in a regulatory filing Wednesday that the SEC investigation has to do with "matters...

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