More Business - !movers And Shakers Articles

  • AT&T joins crowded field with online video plans

    Updated: 19 hr ago

    NEW YORK (AP) — AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could rival Netflix and Hulu. AT&T Inc. and Chernin Group said Tuesday that they have committed more than $500 million in funding toward the venture....

  • Frank Lloyd Wright tower opens for public tours

    Updated: 19 hr ago

    RACINE, Wis. (AP) — Frank Lloyd Wright fans will get their first look at one of his most unusual buildings, an industrial tower with a tree-like design, when a home products company opens its former research and development center to the public this spring. The 15-story tower at SC...

  • Sales of US existing homes slip to a 20-month low

    Updated: 19 hr ago

    WASHINGTON (AP) — Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers. The National Association of Realtors said Tuesday that sales edged down 0.2 percent to a...

  • FDA plan would speed up medical device approvals

    Updated: 19 hr ago

    WASHINGTON (AP) — The Food and Drug Administration unveiled a proposal Tuesday designed to speed up development and approval of medical devices that treat life-threatening diseases and debilitating conditions. Under the Expedited Access Program, companies developing devices for...

  • Summer movie preview: Hollywood bets big again

    Updated: 20 hr ago

    NEW YORK (AP) — Like jumbo jets on the runway, Hollywood's summer movies are lined up, ready for takeoff. Will they hit any turbulence? If the movie business had a "fasten your seat belt" light, it was certainly flashing last summer. A number of high-profile films tanked while...

  • Stocks edge higher as more earnings roll in

    Updated: 20 hr ago

    NEW YORK (AP) — Stocks are moving higher in early trading as investors assess more corporate earnings. Netflix rose 7 percent after the online video streaming service said its first-quarter earnings soared. Botox maker Allergan surged 15 percent after Valeant Pharmaceuticals said...

  • US existing-home sales fell in March to lowest pace in 20 months; rising prices a factor

    Updated: 20 hr ago

    WASHINGTON (AP) — US existing-home sales fell in March to lowest pace in 20 months; rising prices a factor.

  • Sen. Bennet brings his 'Innovation' tour to Colorado Springs company

    Wayne Heilman
    Updated: 20 hr ago

    U.S. Sen. Michael Bennet, D-Colo., was in Colorado Springs to tour Diversified Machine Systems. The tour was part of Bennet's CO Innovation Tour to highlight innovation and entrepreneurship across the state. DMS employs 66 to make large precision-cutting and shaping machines. Last...

  • RadioShack store ops executive resigns

    Updated: 21 hr ago

    NEW YORK (AP) — RadioShack, which recently announced that it plans to close up to 1,100 stores, says that Troy Risch, its executive vice president of store operations has resigned. In a filing with the Securities and Exchange Commission, RadioShack Corp. said that Risch resigned on...

  • BNY Mellon reports higher 1Q earnings

    Updated: 21 hr ago

    NEW YORK (AP) — Bank of New York Mellon said it made a profit in the first quarter, thanks to rising financial markets and more money under management. Bank of New York Mellon Corp. reported net income of $661 million, or 57 cents per share, for the three months ending March 31....

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