• Ex-executive gets prison for $27M insider trading scheme

    Updated: Mon, Apr 27, 2015

    NEW YORK (AP) — The former chief information officer at a California-based technology company who spent years in the Air Force and CIA before entering the corporate world was sentenced Monday to 6½ years in prison for an insider trading scheme that authorities say produced $27 million...

  • US stocks drop at start of busy week for earnings,

    Updated: Mon, Apr 27, 2015

    NEW YORK (AP) — U.S. stocks slumped on Monday as investors looked ahead to a flood of earnings reports this week. Stocks appeared headed for new highs in the morning, but drifted lower in afternoon as health care companies dropped sharply. Mylan, a maker of generic drugs, slumped...

  • Rates mixed at weekly US Treasury bill auction

    Updated: Mon, Apr 27, 2015

    WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction with the rate on three-month bills declining to the lowest level since early March, while the rate on six-month bills rose. The Treasury Department auctioned $24 billion in three-month bills...

  • Business Highlights

    Updated: Mon, Apr 27, 2015

    ___ With economy uncertain, no Fed rate hike is seen before fall WASHINGTON (AP) — For 6 ½ years, the Federal Reserve has held its key interest rate near zero, and for nearly that long the financial world has speculated about when the Fed will start raising it. Don't look for it...

  • Man accused of staging boat crash now faces more charges

    Updated: Mon, Apr 27, 2015

    MAYS LANDING, N.J. (AP) — A New Jersey man who disappeared after authorities say he staged a boating accident is now facing more charges. Atlantic County prosecutors say the charges are included in a superseding indictment recently handed up by a county grand jury against Andrew...

  • Unhealthy ending: Stocks fall as health care shares weigh

    Updated: 2 min ago

    NEW YORK (AP) — U.S. stocks are closing lower as health care companies weigh on the market and investors await a flood of earnings reports. Stocks appeared headed for new highs in the morning Monday, but then drifted lower, led by declines in health care. Mylan, a maker of generic...

  • Sarkar named AP's deputy editor for east region

    Updated: 3 min ago

    PHILADELPHIA (AP) — Pia Sarkar, a veteran reporter, editor and newsroom leader, has been named deputy editor for the east for The Associated Press, charged with helping to oversee news coverage in 10 states. The appointment was announced Monday by Karen Testa, editor for the news...

  • Capitol Hill Buzz: Dems push higher pay for Senate workers

    Updated: 3 min ago

    WASHINGTON (AP) — Reports about a Senate cafeteria worker who makes so little money he is homeless are prompting calls for change from Democrats on Capitol Hill. Lawmakers led by the No. 2 Senate Democrat, Dick Durbin of Illinois, released a letter Monday urging the Senate Rules...

  • MOVERS & SHAKERS

    The Gazette -
    Published: Mon, Apr 27, 2015

    Laura Olson and Kimberly Gibson have been named broker associates for Coldwell Banker Residential Brokerage in Colorado Springs. Both will specialize in residential sales. Most recently, Olson helped open the new Trader Joe's for the Springs area. Gibson previously worked in the beauty...

  • DuPont and Mylan are big market movers

    Updated: 14 min ago

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE DuPont Co., up $3.29 to $74.81 Institutional Shareholder Services said investor Nelson Peltz, who is seeking to break up the chemical maker,...

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