More Business Articles

  • New indictment against ex-BP exec

    Updated: Fri, Sep 19, 2014

    NEW ORLEANS (AP) — A federal grand jury has issued a new indictment against a former BP executive charged with obstructing a congressional investigation into the 2010 Gulf of Mexico oil spill. Friday's superseding indictment makes adjustments to existing obstruction of Congress and...

  • Anti-Islamic ads coming to New York transit system

    Updated: Fri, Sep 19, 2014

    NEW YORK (AP) — Anti-Islamic ads will begin appearing on 100 New York City buses and two subway entrances next week, but transit officials have rejected an ad from the same group that includes the phrase "Killing Jews." The six approved ads show an image of beheaded American...

  • Business Highlights

    Updated: Fri, Sep 19, 2014

    ___ Alibaba stock soars in jubilant trading debut NEW YORK (AP) — Alibaba debuted as a publicly traded company Friday and swiftly climbed more than 40 percent in a mammoth IPO that offered eager investors seemingly unlimited potential for growth and a way to tap into the burgeoning...

  • Ohio creator of Slush Puppies dead at age 74

    Updated: Fri, Sep 19, 2014

    CINCINNATI (AP) — Will Radcliff, who built a multimillion-dollar global business from flavored, icy Slush Puppie drinks, has died in Cincinnati. He was 74. His daughter DeeAnn Radcliff Harmon said Radcliff died Thursday in hospice care after his health declined following a recent...

  • Moody's backs UK bond rating after Scotland vote

    Updated: Fri, Sep 19, 2014

    NEW YORK (AP) — Moody's Investors Services is maintaining its rating on United Kingdom government-backed bonds Friday, a day after voters in Scotland decided against national independence. Moody's is affirming an 'Aa1' rating, its second-highest rating, and a stable outlook on U.K....

  • Picassos among pieces going on public view in Ohio

    Updated: Fri, Sep 19, 2014

    COLUMBUS, Ohio (AP) — When retail mogul Leslie Wexner peers at one of the Picassos, Dubuffets or Giacomettis in the personal art collection he and his wife Abigail have amassed over the years, he feels a range of emotions that often include gratitude, defeat and exhilaration. "I find...

  • Fitch keeps 'AAA' rating on US credit

    Updated: Fri, Sep 19, 2014

    NEW YORK (AP) — Fitch Ratings says that the U.S. still deserves its highest credit rating. Fitch on Friday affirmed its "AAA" rating on U.S. debt. The ratings agency said its outlook on the rating is stable, meaning it does not expect a downgrade in the near future. Fitch said the...

  • Figures on government spending and debt

    Updated: Fri, Sep 19, 2014

    WASHINGTON (AP) — Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

  • Colorado Springs event puts in a plug for electric vehicles

    By Wayne Heilman wayneh@gazette.com -
    Updated: Fri, Sep 19, 2014

    To help wean himself off oil, John Duprey leased a Nissan Leaf electric car this week - and the organizers of a tour to promote clean vehicles hope more Coloradans will follow his lead. Duprey's car was one of 19 on display Thursday at the First & Main Town Center on Powers Boulevard...

  • Yahoo rakes in another jackpot from Alibaba's IPO

    Updated: Fri, Sep 19, 2014

    SAN FRANCISCO (AP) — Yahoo is making amends for years of blundering with one smart move: an early investment in Alibaba Group that has turned into a multibillion-dollar boon. The latest windfall came with Alibaba's record-setting IPO completed late Thursday, in which the Chinese...

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