More Business - !movers And Shakers Articles

  • A look at eBay and PayPal

    Updated: 17 hr ago

    E-commerce company eBay said Tuesday that it is spinning off its mobile payment service PayPal into a separate and publicly traded company next year. The companies have been intertwined since eBay bought PayPal 12 years ago for $1.3 billion. Ebay connects buyers and sellers, and both...

  • Johnson & Johnson buying Alios for $1.75B

    Updated: 18 hr ago

    NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson is buying the biopharmaceutical company Alios BioPharma Inc. for about $1.75 billion. Alios is a privately held California-based company that focuses on developing therapies for viral diseases. The deal includes Alios' portfolio of...

  • US home prices rise at slowest pace in 20 months

    Updated: 18 hr ago

    WASHINGTON (AP) — U.S. home prices in July increased at the slowest pace in 20 months, reflecting sluggish sales and a greater supply of houses for sale. The Standard & Poor's/Case-Shiller 20-city home price index rose 6.7 percent in July from 12 months earlier. That's down from an...

  • US stocks edge higher in early trading

    Updated: 18 hr ago

    NEW YORK (AP) — U.S. stocks are opening slightly higher as investors set aside worries about the protests in Hong Kong. The Dow Jones industrial average edged up 12 points, or 0.1 percent, to 17,079 as of 9:35 a.m. Eastern time Tuesday. The Standard & Poor's 500 index rose a fraction...

  • US stocks edge higher in early trading

    Updated: 18 hr ago

    NEW YORK (AP) — U.S. stocks are opening slightly higher as investors set aside worries about the protests in Hong Kong. The Dow Jones industrial average edged up 12 points, or 0.1 percent, to 17,079 as of 9:35 a.m. Eastern time Tuesday. The Standard & Poor's 500 index rose a fraction...

  • Masco spinning off installation division

    Updated: 19 hr ago

    TAYLOR, Mich. (AP) — Building products maker Masco is spinning off its installation and other services division in a series of moves aimed at boosting shareholder value. Shares of the maker of Delta faucets, Behr paint and Merillat cabinets climbed more than 8 percent in Tuesday...

  • EBay to split PayPal business off into separate company next year

    Updated: 21 hr ago

    SAN JOSE, Calif. (AP) — EBay to split PayPal business off into separate company next year.

  • Revel casino auction to continue on Tuesday

    Yesterday

    ATLANTIC CITY, N.J. (AP) — A bankruptcy court auction for Revel, the failed luxury casino-hotel on the Atlantic City Boardwalk, is scheduled to resume. An auction that began last Wednesday was suspended due to the approach of the Rosh Hashanah holiday. It will continue on Tuesday....

  • Asian stocks mostly lower after US declines

    Yesterday

    BANGKOK (AP) — Asian stocks were mostly lower Tuesday after Wall Street's losses overnight and pro-democracy protests in Hong Kong, a major financial center, added to worries about political risk. KEEPING SCORE: Hong Kong's Hang Seng Index tumbled 1.2 percent to 22,945.80 points after...

  • Neumann Systems of Colorado Springs loses Canadian partner

    By monica mendoza monica.mendoza@gazette.com -
    Published: Tue, Sep 30, 2014

    A small Canadian research and development company that just a few months ago touted its carbon capture testing program with Neumann Systems Group as "breakthrough" has ended its partnership with the Colorado Springs company. This summer, CO2 Solutions and Neumann set out to...

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