More Business - !movers And Shakers Articles

  • Extended slump in oil taking toll on industry, economy

    Updated: Fri, Jul 31, 2015

    NEW YORK (AP) — As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth. Low oil and gas prices are good for the overall economy because they...

  • NY village makes ransom payments to keep computers running

    Updated: Fri, Jul 31, 2015

    ALBANY, N.Y. (AP) — A village in central New York made ransom payments of $300 and $500 last year to keep its computers running after two official-looking emails released malware throughout its system, state auditors said. The comptroller's office, which has audited 100 municipal...

  • US oil and natural gas rig count down 2 to 874

    Updated: Fri, Jul 31, 2015

    HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 874. Houston-based Baker Hughes said Friday 664 rigs were seeking oil and 209 explored for natural gas. One was listed as...

  • Cintas buying ZEE Medical from McKesson for $130 million

    Updated: Fri, Jul 31, 2015

    NEW YORK (AP) — Uniform and first aid products company Cintas Corp. is buying ZEE Medical from McKesson Corp. for about $130 million in cash, expanding its position in emergency services products. ZEE focuses on van-delivered first aid, safety, training and emergency products. The...

  • Recalls this week: dry erase boards, sweaters, mattresses

    Updated: Fri, Jul 31, 2015

    More than 3 million magnetic and dry erase boards are being recalled because of metal edges that have already caused several hand and cuts. Other recalled consumer products include mattresses that don't meet safety standards and tablet computers with overheating batteries. Here's a...

  • Tough week for social media stocks _ no one is spared

    Updated: Fri, Jul 31, 2015

    NEW YORK (AP) — It hasn't been an easy week in social media, despite double-digit revenue growth from Twitter, LinkedIn and Facebook. Investors are looking beyond headline numbers and finding reasons to sell. Not even Facebook, with stronger-than-expected profit and revenue numbers...

  • WTO rules against China in specialty steel dispute

    Updated: Fri, Jul 31, 2015

    WASHINGTON (AP) — The World Trade Organization says China broke global trade rules by failing to comply with an earlier WTO ruling and continuing to impose duties on specialty steel imports. The decision announced Friday was a victory for the United States and steelmakers AK Steel in...

  • Falling oil prices shrinks Chevron's profit by 90 percent

    Updated: Fri, Jul 31, 2015

    SAN RAMON, Calif. (AP) — Hurt by falling oil prices, Chevron said Friday that its second-quarter net income plunged 90 percent from the same period a year ago. Shares of Chevron Corp. fell nearly 4 percent in morning trading Friday. Chevron and other energy companies have been hurt...

  • Toll collector killed by pickup on Massachusetts Turnpike

    Updated: Fri, Jul 31, 2015

    AUBURN, Mass. (AP) — A toll collector has been struck and killed by a pickup truck on the Massachusetts Turnpike. State police say the truck was exiting an E-ZPass lane just after midnight Friday at the Auburn toll plaza as the worker was walking across the same lane. Police say...

  • Online viewers won't miss Super Bowl ads shown on TV

    Updated: Fri, Jul 31, 2015

    LOS ANGELES (AP) — Next year, you won't have to worry about missing the buzziest commercials of the Super Bowl if you can't get to a TV. In the past, not all advertisers bought online time along with a pricy 30-second spot during the most-watched TV event of the year. That meant...

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