More Business Articles

  • Michaels confirms breach of as many as 2.6M cards

    Yesterday

    NEW YORK (AP) — Michaels Stores Inc. said Thursday that about 2.6 million cards, or about 7 percent of all debit and credit cards used at its namesake stores, may have been affected in a security breach. The nation's largest arts and crafts chain said its subsidiary Aaron Brothers...

  • IRS audits less than 1 percent of big partnerships

    Yesterday

    WASHINGTON (AP) — The Internal Revenue Service audits fewer than 1 percent of large business partnerships, according to a government report released Tuesday. That means some of Wall Street's largest hedge funds and private equity firms are largely escaping close scrutiny by the IRS,...

  • US stock market ends higher as earnings pour in

    Yesterday

    Corporate earnings pushed U.S. stocks mostly higher on Thursday, but it wasn't an easy ride up. The stock market appeared set in the morning for its fourth consecutive positive open, but immediately turned negative as investors sold shares in Google and IBM. The market heavyweights...

  • Shares of Travelocity owner Sabre rise after IPO

    Yesterday

    DALLAS (AP) — Shares of Sabre Corp. ended higher Thursday, but the provider of technology services to the travel industry raised less money than it had projected in its initial public offering. The company had offered fewer shares than planned and lowered the opening price for the...

  • Once again, the venture capital train bypasses Colorado Springs

    by WAYNE HEILMAN wayneh@gazette.com -
    Published: Thu, Apr 17, 2014

    Venture capital investments bypassed the Colorado Springs area in the first quarter for the fourth consecutive quarter, even as such funding surged both statewide and across the nation compared with the same period a year earlier. No local startup has landed venture funding since...

  • Aereo CEO speaks on future of company, industry

    Yesterday

    NEW YORK (AP) — The future of Aereo, an online service that provides over-the-air TV channels, hinges on a battle with broadcasters that goes before the U.S. Supreme Court next week. For as little as $8 a month, Aereo subscribers in New York and 10 other markets can watch shows live...

  • How the Dow Jones industrial average fared

    Yesterday

    Stocks closed mostly higher Thursday as upbeat earnings news from several large U.S. companies encouraged investors. General Electric, Morgan Stanley and PepsiCo all moved higher after reporting their first-quarter financial results. The major stock indexes spent much of the day...

  • Herbalife discloses investigation in Illinois

    Yesterday

    NEW YORK (AP) — Nutritional supplements and weight-loss products maker Herbalife is being investigated by the attorney general of Illinois. The office of Attorney General Lisa Madigan confirms it is investigating complaints brought by consumers. Herbalife says it will work with the...

  • FDA warns of cancer risk with fibroid procedure

    Yesterday

    WASHINGTON (AP) — The Food and Drug Administration is warning women that a surgical procedure used to eliminate growths in the uterus could inadvertently spread cancer to other parts of the body. The agency is discouraging doctors from performing the procedure, which uses an...

  • Muscle cars out in force at New York auto show

    Yesterday

    NEW YORK (AP) — Who says America has lost its muscle? Growling, unapologetic performance is the theme of this year's New York International Auto Show, which opens to the public Friday. Sure, there's something called the EV Pavilion, where visitors can ride around in a plug-in...

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