More Business Articles

  • A Republican Senate means changing chairmen

    Updated: 8 hr ago

    WASHINGTON (AP) — If Republicans win the Senate, the Pentagon should brace for constant grilling from Sen. John McCain, who has found fault with nearly every aspect of President Barack Obama's national security policies. McCain would be on tap to serve as chairman of the Senate Armed...

  • The top 20 US cities for tech startup funding

    Updated: 8 hr ago

    When you think of tech startups, you probably think Northern California. Companies there receive the largest share of funding from venture capitalists, but there are several other notable pockets around the country. In the first nine months of the year, venture capitalists poured $24...

  • Report blasts rabbit massages among gov't waste

    Updated: 10 hr ago

    WASHINGTON (AP) — A maverick Republican senator criticized faulty missile defenses, unneeded airports and golf course repairs among the projects completed on the taxpayers' tab in his annual collection of billions of dollars of government waste, released Wednesday. Sen. Tom Coburn, in...

  • Expert says Detroit bankruptcy plan feasible

    Updated: 10 hr ago

    DETROIT (AP) — A financial expert appointed to advise Detroit's bankruptcy judge says the city's plan to return to solvency is feasible. Martha Kopacz is testifying Wednesday as a trial nears an end. Judge Steven Rhodes can allow Detroit to emerge from bankruptcy if he finds its plan...

  • Biogen slides as MS drug is linked to inflammation

    Updated: 10 hr ago

    CAMBRIDGE, Mass. (AP) — Shares of Biogen Idec slumped 8 percent Wednesday despite a strong quarter after the pharmaceutical said a patient who took its newest multiple sclerosis drug suffered a brain inflammation and later died. The company confirmed there was a case of progressive...

  • Stocks edge higher on earnings gains, Europe hopes

    Updated: 10 hr ago

    NEW YORK (AP) — Good news on corporate earnings is sending stocks slightly higher in midday trading. The modest gains came a day after the Standard & Poor's 500 index had its best day of the year. Yahoo rose 6 percent after its results beat analysts' earnings estimates. ETrade and...

  • FedEx predicts increase in holiday deliveries

    Updated: 10 hr ago

    MEMPHIS, Tenn. (AP) — FedEx expects another record for holiday-season deliveries. The company forecast Wednesday that deliveries between Thanksgiving and Christmas Eve will rise 8.8 percent over last year, to 290 million shipments. That's a more subdued forecast than a year ago, when...

  • Fact sheet: 2015 Mazda MX-5 Miata

    Updated: 10 hr ago

    2015 Mazda MX-5 Miata Grand Touring Hard Top BASE PRICE: $23,970 for Sport soft top with five-speed manual; $26,230 for Sport soft top with automatic; $26,905 for Club soft top with manual; $27,505 for Club soft top with automatic; $27,550 for Grand Touring soft top with manual;...

  • Samsung debuts new Nook tablet with larger screen

    Updated: 10 hr ago

    NEW YORK (AP) — Device maker Samsung and bookseller Barnes & Noble are introducing a new larger-screen Galaxy Tab 4 Nook tablet two months after the first version was announced. Samsung and Barnes & Noble said in June they would team up on the devices and the first-co branded Galaxy...

  • Ocwen skids further as Moody's downgrades credit

    Updated: 10 hr ago

    NEW YORK (AP) — Shares of home loan servicing company Ocwen extended their slump Wednesday after Moody's Investors Service downgraded its credit. The firm lowered its rating on Ocwen's credit to 'B2' from 'B1' and said the rating could be cut further based on regulatory action against...

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