More Business Articles

  • Colorado lawmakers plan to boost marijuana profits

    By Kristen Wyatt, Associated Press
    Updated: 4 hr ago

    DENVER — The federal government has reluctantly agreed to let Colorado be the first state to collect taxes from the legal sale of recreational marijuana, but it also has made clear it doesn't agree with the move and may try to stop it, if isn't tightly controlled. Instead of...

  • First lady gets resume from girl with jobless dad

    Updated: 4 hr ago

    WASHINGTON (AP) — Michelle Obama's annual question-and-answer session with the children of Executive Office employees took a serious turn Thursday when a 10-year-old girl in the front row told the first lady that her dad had been out of work for three years. Then the girl popped up...

  • US proposes pay-for-priority Internet standards

    Updated: 4 hr ago

    LOS ANGELES (AP) — The nation's top telecoms regulator is proposing to allow a pay-for-priority fast lane on the Internet for movies, music and other services to get to people's homes. The proposed rules come after a federal appeals court struck down previous "net neutrality" rules...

  • Ladies' Home Journal goes newsstand-only

    Updated: 4 hr ago

    Meredith Corp. is ending subscription service for "Ladies' Home Journal," one of the nation's oldest women's magazines, due to declining advertiser interest. The magazine, launched in 1883, remains popular today with a circulation of 3.2 million, according to Meredith. But with a...

  • Pfizer to help investors with dividend, buybacks

    Updated: 4 hr ago

    SHORT HILLS, N.J. (AP) — Pfizer Inc. CEO Ian Read says the drugmaker will keep working to boost shareholder value, with continuing stock buybacks and healthy dividends. At Pfizer's annual meeting in Short Hills, N.J., the Viagra maker said it will pay a 26-cent second-quarter...

  • Palladium prices rising as mining strike continues

    Updated: 5 hr ago

    Platinum and palladium prices are rising as a dispute between Russia and Ukraine along with a strike in South Africa push prices up. Palladium for June delivery gained $16.30, or 2 percent, to settle at $802.30 an ounce. Platinum for July rose $5.70 to $1,409.60 an ounce. Russia and...

  • J&J: Business doing well on new product approvals

    Updated: 5 hr ago

    NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson CEO Alex Gorsky said Thursday that all three of its business segments are doing well and made significant medical advances last year. Gorsky told about 1,650 shareholders at J&J's annual meeting that the company is poised to lead the...

  • How the Dow Jones industrial average did Thursday

    Updated: 5 hr ago

    The stock market closed mostly higher Thursday, helped by positive earnings out of several large U.S. companies including Apple and construction equipment maker Caterpillar. The gains were modest, however, as investors turned their eyes back to Russia and Ukraine, where geopolitical...

  • Caterpillar and D.R. Horton are big market movers

    Updated: 5 hr ago

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Zimmer Holdings Inc., up $10.52 to $101.97 The medical device maker snaps up Biomet for more than $13 billion, an acquisition that will be an...

  • In Disney's shadow, homeless families struggle

    Updated: 5 hr ago

    KISSIMMEE, Fla. (AP) — When they moved from Georgia to the theme park playground of central Florida four years ago, Anthony and Candice Johnson found work at a barbecue restaurant and a 7-Eleven. Their combined salaries nevertheless fell short of what they needed to rent an...

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