More Business Articles

  • Credit Suisse guilty plea on US taxes is official

    Updated: Fri, Nov 21, 2014

    WASHINGTON (AP) — European bank Credit Suisse's guilty plea to helping wealthy Americans avoid paying taxes has been formalized by a federal judge. U.S. District Chief Judge Rebecca Beach Smith in Norfolk, Virginia on Friday entered orders requiring Credit Suisse AG to pay $2.6...

  • Dow, S&P 500 push further into record territory

    Updated: Fri, Nov 21, 2014

    Stocks are pushing further into record territory as investors welcome a move by China to stimulate its economy by lowering interest rates. Hints from the head of Europe's central bank that it might step up its own stimulus efforts also put investors in a buying mood Friday. The...

  • NYC man gets prison for role in cybercrime ring

    Updated: Fri, Nov 21, 2014

    TRENTON, N.J. (AP) — A New York City man was sentenced Friday to more than three years in prison for his role in an international cybercrime ring that prosecutors say hacked into the computers of more than a dozen financial institutions and the U.S. military's payroll service. Richard...

  • Figures on government spending and debt

    Updated: Fri, Nov 21, 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.

  • Report: Struggling bird needs 3-mile buffer from drilling

    Associated Press
    Updated: Fri, Nov 21, 2014

    BILLINGS, Mont. — A government report with significant implications for the U.S. energy industry says a struggling bird species needs a 3-mile buffer between its breeding grounds and oil and gas drilling, wind farms and solar projects. The study comes as the Obama administration...

  • Recalls this week: strollers, candles, chargers

    Updated: Fri, Nov 21, 2014

    Nearly 5 million strollers spanning various brands with a hinge that can amputate a child's finger are being recalled this week. Other recalled consumer products include candles that pose a fire hazard and multitools with a defective locking mechanism. Here's a more detailed look:...

  • White House: Immigration steps would boost wages

    Updated: Fri, Nov 21, 2014

    WASHINGTON (AP) — President Barack Obama's moves on immigration would expand the labor force and increase worker productivity, according to a White House report Friday that estimates average wages would rise over a 10-year period. The president's critics and even some labor allies...

  • Aetna increases dividend to 25 cents per share

    Updated: Fri, Nov 21, 2014

    HARTFORD, Conn. (AP) — Aetna Inc. said Friday that it is increasing its quarterly dividend by 11 percent and plans to repurchase up to $1 billion of its shares. The health insurer said that its new dividend of 25 cents per share is payable on Jan. 30 to shareholders of record as of...

  • New York Fed chief on defensive on bank oversight

    Updated: Fri, Nov 21, 2014

    WASHINGTON (AP) — The head of the New York Federal Reserve was put on the defensive by Senate Democrats, who accused the Fed of being too close to the big banks it is charged with regulating. William Dudley, president of the New York Fed, insisted at a Senate hearing Friday that "our...

  • IPO Roundup: Peak Resorts falls in debut

    Updated: Fri, Nov 21, 2014

    NEW YORK (AP) — Ski resort operator Peak Resorts and Neff, a company that rents construction equipment, had their initial public offerings on Friday. Shares of Peak Resorts Inc. fell more than 5 percent in afternoon trading, while Neff Corp. shares rose slightly in their debut. Peak...

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