More Business - !movers And Shakers Articles

  • Dallas tycoon Wyly files for bankruptcy protection

    Updated: 25 min ago

    DALLAS (AP) — Prominent Dallas businessman Samuel Wyly has filed for bankruptcy protection as he and the estate of his brother face up to $400 million in penalties after being found liable for hiding stock holdings overseas. Wyly filed a bankruptcy petition in federal district court...

  • US existing home sales rise in September

    Updated: 25 min ago

    WASHINGTON (AP) — U.S. homes sold in September at their fastest clip this year, a sign that the housing market is shaking off a slowdown that began in the middle of 2013. The National Association of Realtors said Tuesday that sales of existing homes rose 2.4 percent from the previous...

  • Rural areas seek piece of subprime-loan settlement

    Updated: 25 min ago

    Long seen as having devastated Sun Belt cities, the subprime mortgage crisis unleashed turmoil on close-knit towns of rural America. Now federal officials are pledging regulatory attention and financial help. Government data provided to The Associated Press by researchers at the U.S....

  • Big slump is no cause to ditch stock market

    Updated: 40 min ago

    NEW YORK (AP) — The stock market's big swings have raised concerns about how much longer the five-year bull market can last. But the volatility is no reason to abandon the market, say professional investors and strategists. Worries about a slowdown in global growth drove oil prices...

  • Staples investigating possible data breach

    Updated: 40 min ago

    NEW YORK (AP) — Staples is looking into a potential credit card data breach and has been in touch with law enforcement officials about the issue. The office supplies retailer said Tuesday that if it turns up any data discrepancies during its investigation, customers won't be...

  • United Technologies beats 3Q profit expectations

    Updated: 52 min ago

    HARTFORD, Conn. (AP) — United Technologies Corp. on Tuesday reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. The Hartford, Connecticut-based company said it had profit of $2.04 per...

  • Packaging error prompts recall of naproxen pills

    Updated: 53 min ago

    GREENSBORO, N.C. (AP) — A North Carolina company is recalling nearly 12,000 boxes of pain relief tablets sold at Dollar Tree stores because some cartons contain a different medication that could cause allergic reactions. Greensboro-based Contract Packaging Resources Inc. says it...

  • Kimberly-Clark to cut up to 1,300 jobs

    Updated: 1 hr ago

    DALLAS (AP) — Kimberly-Clark plans to eliminate up to 1,300 jobs as part of restructuring efforts aimed at reducing costs and making its business more efficient. The consumer products company behind brands such as Kleenex and Huggies has 58,000 workers worldwide, according to its...

  • Review: Apple Pay in action

    Updated: 1 hr ago

    NEW YORK (AP) — If there ever comes a day I can ditch my wallet and use my phone to pay for everything, I'll look back to my first purchase through Apple Pay: a Big Mac and medium fries for $5.44. That wallet-free day won't be coming for a while, if ever, but Apple's new payments...

  • America says no to cappuccino potato chips

    Updated: 2 hr ago

    NEW YORK (AP) — America has rejected the idea of cappuccino-flavored Lay's potato chips. Frito-Lay says Wasabi Ginger won its contest that gives people a chance to create a new flavor, beating out the coffee-flavored chips and the two other finalists — Mango Salsa and Cheddar Bacon...

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