More Business Articles

  • Daimler sells stake in Tesla for $780 million

    Updated: 12 min ago

    Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million. The buyer was not disclosed. The Germany-based parent of Mercedes-Benz says its partnership with Tesla Motors Inc. is unaffected. Tesla made the battery packs and chargers for the two-seat...

  • Leagues file to stop New Jersey sports betting

    Updated: 12 min ago

    TRENTON, N.J. (AP) — The four major U.S. pro sports leagues and the NCAA on Tuesday again urged a judge to stop the state from allowing legalized sports betting this weekend. An order to show cause was filed in federal court in Trenton. The NFL, the NBA, the NHL, Major League Baseball...

  • Discover's 3Q net income up nearly 9 percent

    Updated: 12 min ago

    RIVERWOODS, Ill. (AP) — Discover Financial Services' third-quarter net income increased nearly 9 percent to beat market expectations. The credit card issuer and lender's gains were made on increased credit card spending and overall lending. Discover said Tuesday that sales volume for...

  • New rules adopted in hopes of spurring home loans

    Updated: 41 min ago

    WASHINGTON (AP) — Buying a home may have gotten a little easier this week. With the financial crisis and subprime mortgage bust receding further into history, the government is loosening some financial rules, hoping to inject more life into the country's still-recovering housing...

  • Stocks rally; S&P 500 has best day of 2014

    Updated: 42 min ago

    NEW YORK (AP) — The U.S. stock market marched higher Tuesday, giving the Standard & Poor's 500 index its best day of the year. Investors rallied behind an encouraging report on the Chinese economy as well as strong quarterly results from Apple and other big companies. The market...

  • Yahoo's 3Q earnings soar on Alibaba windfall

    Updated: 42 min ago

    SUNNYVALE, Calif. (AP) — Yahoo's third-quarter earnings soared as the Internet company collected a huge windfall from Alibaba's recent IPO. Revenue also rose slightly from the previous year, a welcome change for a company that has been posting quarterly declines for most of the past...

  • Unemployment rates fall in 31 US states last month

    Updated: 42 min ago

    WASHINGTON (AP) — Unemployment rates fell in 31 U.S. states in September, including many currently embroiled in tough political campaigns. The report is the final data on state unemployment before the midterm elections Nov. 4. The Labor Department says unemployment rates rose in 8...

  • Canadian Pacific CEO says rail deal possible

    Updated: 56 min ago

    The CEO of Canadian Pacific thinks U.S. regulators would approve a well-structured railroad merger, but nothing is planned now that talks with CSX ended. CEO Hunter Harrison said during a conference call Tuesday he doesn't agree with the view that the Surface Transportation Board...

  • Coca-Cola and Apple are big market movers

    Updated: 57 min ago

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE The Coca-Cola Co., down $2.61 to $40.68 The world's biggest beverage maker reported lower profit and revenue in the third quarter as global soda...

  • Q&A with Dr. Ken Gibson, CEO of Learning Rx

    By charise simpson Special to The Gazette -
    Published: Tue, Oct 21, 2014

    DR. KEN GIBSON CEO, Learning Rx Dr. Ken Gibson lays claim to being the nation's first pediatric optometrist, a job he undertook in the late 1960s as he launched his career in Appleton, Wis. In addition to prescribing and fitting lenses for his young patients, he focused on their...

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