More Business - !movers And Shakers Articles

  • Bank of America agrees to nearly $17B settlement

    Updated: 21 hr ago

    WASHINGTON (AP) — The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday. The deal calls for the bank, the second-largest in...

  • Stocks move higher; S&P 500 heading for a record

    Updated: 21 hr ago

    NEW YORK (AP) — U.S. stocks are moving mostly higher, pushing the Standard & Poor's 500 index closer toward another record close. Traders were encouraged by the latest encouraging sign in the U.S. job market, a decline last week in the number of people applying for unemployment...

  • Honda bolsters Fit to boost crash resistance

    Updated: 22 hr ago

    DETROIT (AP) — When the subcompact Fit failed a crash test, Honda went back to the drawing board. The tiny Fit, redesigned for the 2015 model year, initially flunked the Insurance Institute for Highway Safety's small overlap test, earning just a "Marginal" rating. The test simulates a...

  • Kum & Go continues its Colorado Springs expansion

    Rich Laden
    Updated: 22 hr ago

    Kum & Go, the Iowa-based convenience store chain that announced in 2012 it would expand into the Pikes Peak region, is continuing to add stores. On Thursday, Kum & Go opened its 11th area location at 2588 Airport Road in Colorado Springs, on the northwest corner of Airport and...

  • The Children's Place tops Street 2Q forecasts

    Updated: 22 hr ago

    SECAUCUS, N.J. (AP) — Shares of The Children's Place rose nearly 5 percent Thursday after the retailer reported a narrower loss in its second quarter and increased the lower end of its earnings outlook for the year. The company also said it signed a deal to bring its stores to India....

  • How states fared on unemployment benefit claims

    Updated: 22 hr ago

    Applications for U.S. unemployment benefits tumbled last week and are now at levels consistent with a healthy job market. The Labor Department said Thursday that applications for jobless aid fell 14,000 to a seasonally adjusted 298,000. The less-volatile four-week moving average rose...

  • Record drought saps California honey production

    Updated: 23 hr ago

    LOS BANOS, Calif. (AP) — California's record drought hasn't been sweet to honeybees, and it's creating a sticky situation for beekeepers and honey buyers. The state is traditionally one of the country's largest honey producers, with abundant crops and wildflowers that provide the...

  • Applications for US unemployment aid fall to 298K

    Updated: 23 hr ago

    WASHINGTON (AP) — Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving. The Labor Department said Thursday that weekly claims for jobless aid fell 14,000 last week to a seasonally adjusted 298,000. The prior week's figures were...

  • US existing home sales rise for 4th straight month as supply grows, price gains moderate

    Updated: 23 hr ago

    WASHINGTON (AP) — US existing home sales rise for 4th straight month as supply grows, price gains moderate.

  • Stocks open higher; S&P 500 heading for a record

    Yesterday

    NEW YORK (AP) — U.S. stocks are opening higher, pushing the Standard & Poor's 500 index closer toward another record high. Traders were encouraged by the latest encouraging sign in the U.S. job market, a decline last week in the number of people applying for unemployment benefits....

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