More Business Articles

  • Ikea makes push for growth

    Updated: 9 hr ago

    NEW YORK (AP) — Ikea, whose stadium-sized furniture stores draw shoppers from miles around, is going where its shopper are: online. The CEO of Ikea Group, the world's largest furniture chain, is pushing for sales growth, while making its ready-to-assemble furniture more accessible to...

  • Labor Secretary Perez pushes Obama jobs proposals

    Updated: 9 hr ago

    WASHINGTON (AP) — Labor Secretary Tom Perez is seeking to re-energize President Barack Obama's stalled push for raising the minimum wage from $7.25 to $10.10 an hour and for making paid leave for mothers of newborns more widely available. Perez also says U.S. workers generally have so...

  • Rates rise at weekly US Treasury auction

    Updated: 9 hr ago

    WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday's auction with rates on six-month bills reaching their highest level since July. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.020 percent, up from 0.010 percent...

  • UPS increases some shipping rates by 4.9 percent

    Updated: 9 hr ago

    ATLANTA (AP) — UPS says it is raising rates for a number of its shipping services by an average of 4.9 percent for 2015. The Atlanta-based company said Monday it is increasing rates for its ground, air, international, UPS Freight, and UPS air freight rates within and between the U.S.,...

  • US regulator: Fannie, Freddie in deal with banks

    Updated: 9 hr ago

    WASHINGTON (AP) — A federal regulator says government-controlled mortgage giants Fannie Mae and Freddie Mac have reached an agreement with major banks that could expand lending. The head of the Federal Housing Finance Agency, which oversees Fannie and Freddie, announced the deal...

  • Colorado Springs call center won't close, after all -- and it's hiring

    By Wayne Heilman wayneh@gazette.com -
    Updated: 9 hr ago

    In a dramatic about-face, Firstsource Solutions Ltd. announced Monday that it will keep its Colorado Springs call center open and add 100 employees over the next 18 months after receiving a contract from a major health care plan to enroll new members. The India-based company said in...

  • Chipotle's profit tops expectations as sales surge

    Updated: 9 hr ago

    DENVER (AP) — Chipotle reported a profit Monday that topped Wall Street expectations as sales continued to surge. The Mexican food chain said sales rose 19.8 percent at restaurants open at least a year for its third quarter. The better-than-expected performance comes as traditional...

  • A year later, cleanup still going for ND oil spill

    Updated: 9 hr ago

    BISMARCK, N.D. (AP) — One year after a pipeline rupture flooded a wheat field in northwestern North Dakota with more than 20,000 barrels of crude, Tesoro Corp. is still working around the clock cleaning up the oil spill — one of the largest to happen onshore in U.S. history. Cleanup...

  • Owner pleads guilty in Vegas puppy store fire case

    Updated: 9 hr ago

    LAS VEGAS (AP) — A 35-year-old former Las Vegas pet shop owner pleaded guilty Monday to felony charges that could get her up to 24 years in state prison for setting fire to the business before 27 puppies and dogs were rescued earlier this year, a court official said. Gloria Eun Hye...

  • Colorado's top court upholds 2010 PERA ruling

    By MEGAN SCHRADER megan.schrader@gazette.com -
    Published: Mon, Oct 20, 2014

    A Colorado Supreme Court ruling on Monday upheld the state's 2010 decision to reduce annual cost of living increases for state employee retirees in an effort to make the retirement fund more financially sound. A number of retirees sued the state and the Colorado Public Employees'...

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