• Wynn Resorts profit drops 72 percent in 2nd quarter

    Updated: 1 hr ago

    LAS VEGAS (AP) — Wynn Resorts Ltd.'s profit fell 72 percent in the second quarter, stymied by an on-going decline in the Asian gambling enclave of Macau and fewer high-roller Chinese baccarat players in Las Vegas. CEO Steve Wynn said Wednesday that the numbers should come as no...

  • Cathay Pacific departs Aleutians after emergency landing

    Updated: 1 hr ago

    ANCHORAGE, Alaska (AP) — A Cathay Pacific flight from Hong Kong to Los Angeles departed from a remote U.S. air base in the Aleutian Islands late Wednesday morning, hours after making an emergency landing because smoke was detected on board. Flight 884 landed early Wednesday at...

  • FTC investigating online college University of Phoenix

    Updated: 1 hr ago

    WASHINGTON (AP) — The University of Phoenix, which runs an online college popular among military veterans, is under federal investigation for possible deceptive or unfair business practices, its parent company the Apollo Education Group told shareholders Wednesday. The for-profit,...

  • Average US vehicle age hits record 11.5 years

    Updated: 2 hr ago

    DETROIT (AP) — In the age of Apple's CarPlay, a lot of cars on the road still have tape decks. The average vehicle in the U.S. is now a record 11.5 years old, according to consulting firm IHS Automotive, a sign of the increased reliability of today's vehicles and the lingering impact...

  • Facebook 2Q results soar as user base, mobile ads grow

    Updated: 2 hr ago

    NEW YORK (AP) — Facebook is attracting advertising dollars to where its users are — on mobile devices. The world's largest online social network surpassed expectations on all fronts in the second quarter. It grew not just profit and revenue, but also its already-massive user base and...

  • Colorado Springs ink company wins trade secrets verdict

    BY WAYNE HEILMAN wayneh@gazette.com -
    Updated: 2 hr ago

    Chromatic Technologies Inc. (CTI), a Colorado Springs company best-known for producing temperature-sensitive inks used to indicate when Molson Coors Brewing Co. beer is cold, has won a jury verdict against four ex-employees and their company for allegedly misappropriating trade...

  • Correction: Earns-TowneBank story

    Updated: 2 hr ago

    PORTSMOUTH, Virginia (AP) — In a story July 24 about TowneBank earnings -- generated by Automated Insights using data from Zacks Investment Research -- The Associated Press reported erroneously the company's headquarters location. It is based in Portsmouth, Virginia. A corrected...

  • Zero-percent financing turns heads, but may not be best deal

    Updated: 3 hr ago

    DETROIT (AP) — When a car dealer offers to loan you the money to buy a car at zero interest, it gets your attention. Yet that cheap money might not be the best deal you can get. Dealers can offer zero-percent financing through automakers' finance companies because, unlike banks, they...

  • Business Highlights

    Updated: 3 hr ago

    ___ Fed holds steady on rates, seeks further economic gains WASHINGTON (AP) — The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so. A statement from the...

  • House votes to provide money for highways, transit

    Updated: 3 hr ago

    WASHINGTON (AP) — The House voted overwhelmingly on Wednesday to shore up federal highway aid and veterans' health care before heading out of town for its August recess, leaving unresolved an array of sticky issues that are sure to complicate an autumn agenda already groaning under the...

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