More Business Articles

  • Is a home equity line of credit a fit for you?

    Updated: 21 hr ago

    Rising home values and low interest rates are a powerful combination for homeowners looking for more financial breathing room. The trend, fueled by the two-year housing recovery, has helped spur many borrowers to take out a home equity line of credit against the value of their home....

  • Obama weighs broader move on legal immigration

    Updated: 22 hr ago

    WASHINGTON (AP) — President Barack Obama is considering key changes in the nation's immigration system requested by tech, industry and powerful interest groups, in a move that could blunt Republicans' election-year criticism of the president's go-it-alone approach to immigration....

  • Warren Buffett's firm to pay $896,000 penalty

    Updated: 22 hr ago

    OMAHA, Neb. (AP) — Warren Buffett's company has agreed to an $896,000 penalty for failing to tell regulators about a December 2013 investment in wallboard maker USG Corp. beforehand. The Federal Trade Commission said Wednesday that Berkshire Hathaway Inc. should have notified the...

  • German retailer opening US flagship in Cincinnati

    Updated: 22 hr ago

    CINCINNATI (AP) — Picture this: A woman walking down the street wearing a dirndl skirt and bust-hugging bodice paired with ankle boots. Or a man sporting lederhosen — leather shorts, traditionally worn with suspenders — with a T-shirt and sneakers. Wiesnkoenig (pronounced...

  • Texas regulators OK expanding nuclear waste site

    Updated: 22 hr ago

    LUBBOCK, Texas (AP) — Depleted uranium from federal energy facilities can be buried at a nuclear-waste dumping site in West Texas, state regulators decided Wednesday. The 3-0 vote by the Texas Commission on Environmental Quality also will triple the Dallas-based Waste Control...

  • L Brands beats Street 2Q forecasts

    Updated: 23 hr ago

    COLUMBUS, Ohio (AP) — L Brands Inc. (LB) on Wednesday reported fiscal second-quarter profit of $188.4 million. The Columbus, Ohio-based company said it had profit of 63 cents per share. The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks...

  • EEOC files lawsuit against Food Lion over firing

    Updated: 23 hr ago

    WASHINGTON (AP) — The U.S. Equal Employment Opportunity Commission has filed a discrimination lawsuit against supermarket chain Food Lion, saying it fired a Jehovah's Witness who requested certain days off for his religion. The complaint was filed Wednesday in U.S. District Court. A...

  • Apple's stock bounces back to hit a new high

    Updated: 23 hr ago

    SAN FRANCISCO (AP) — Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs. The milestone represents a dramatic turnaround in sentiment...

  • How the Dow Jones industrial average did Wednesday

    Updated: 23 hr ago

    The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later. In the bond market, prices fell and yields rose as investors prepared...

  • Despite Fed, a late push sends US stocks higher

    Updated: 23 hr ago

    NEW YORK (AP) — A late round of buying is leaving stock indexes mostly higher. Bond prices fell, sending yields higher, on word that Federal Reserve policymakers were leaning toward raising interest rates. The Dow Jones industrial average rose 59 points, or 0.4 percent, to close at...

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