More Business Articles

  • Schilling, trustee reach bankruptcy agreement

    Updated: Wed, Oct 29, 2014

    PROVIDENCE, R.I. (AP) — Ex-Boston Red Sox pitcher Curt Schilling has reached a tentative agreement to settle financial claims in the 38 Studios bankruptcy case in Delaware. Court documents show the federal bankruptcy trustee has agreed to settle claims against Schilling and three...

  • Durango Mountain Resort agrees to sale

    The Associated Press
    Updated: Wed, Oct 29, 2014

    Durango Mountain Resort agrees to sale  DURANGO — Durango Mountain Resort, also known as Purgatory, is being sold to a local resident and businessman, its owners announced Wednesday. The Durango Herald reported (http://bit.ly/1tiaSt4 ) the resort will be sold to James...

  • Visa posts lower 4Q profit; beats Street views

    Updated: Wed, Oct 29, 2014

    LOS ANGELES (AP) — Visa Inc.'s profit fell about 10 percent in its fiscal fourth quarter, weighed down by one-time litigation expenses. But the latest results beat Wall Street expectations and the Foster City, California, company also announced a $5 billion share buyback program,...

  • Minnesota electrofishing measures walleye stocking

    Updated: Wed, Oct 29, 2014

    PALMER, Minn. (AP) — The walleye lay flat on the surface of Rush Lake, most of them smaller than the array of oak leaves floating around them. In three to five years they'll be keeper-size, at least 15 inches. On a calm night in mid-October, the young of the year were the target of a...

  • Chrysler recalls over 566,000 trucks, SUVs

    Updated: Wed, Oct 29, 2014

    DETROIT (AP) — Fiat Chrysler is recalling more than 566,000 trucks and SUVs in two recalls to fix malfunctioning fuel heaters that can cause fires and a software glitch that can disable the electronic stability control. The recalls bring the newly merged company's total for the year...

  • Judge denies order to stop Uber in Nevada

    Updated: Wed, Oct 29, 2014

    LAS VEGAS (AP) — A judge has denied a request from Nevada's attorney general to temporarily shut down the ride-sharing company Uber's operations in the state. Clark County District Court Judge Douglas Herndon refused to issue the temporary order sought by the Nevada Transportation...

  • Kraft tops 3Q profit forecasts

    Updated: Wed, Oct 29, 2014

    NORTHFIELD, Ill. (AP) — Kraft Foods Group Inc. (KRFT) on Wednesday reported third-quarter earnings of $446 million. The Northfield, Illinois-based company said it had profit of 74 cents per share. Earnings, adjusted for non-recurring costs, were 78 cents per share. The results topped...

  • Dreamworks beats Street 3Q forecasts

    Updated: Wed, Oct 29, 2014

    GLENDALE, Calif. (AP) — Dreamworks Animation SKG Inc. (DWA) on Wednesday reported net income of $11.9 million in its third quarter. The Glendale, California-based company said it had profit of 14 cents per share. Earnings, adjusted for non-recurring gains, were 10 cents per share....

  • Take-Two tops Street 2Q forecasts

    Updated: Wed, Oct 29, 2014

    NEW YORK (AP) — Take-Two Interactive Software Inc. (TTWO) on Wednesday reported a loss of $41.4 million in its fiscal second quarter. The New York-based company said it had a loss of 51 cents per share. Losses, adjusted for one-time gains and costs, came to 44 cents per share. The...

  • Shutterfly beats 3Q profit forecasts

    Updated: Wed, Oct 29, 2014

    REDWOOD CITY, Calif. (AP) — Shutterfly Inc. (SFLY) on Wednesday reported a loss of $46.2 million in its third quarter. The Redwood City, California-based company said it had a loss of $1.20 per share. Losses, adjusted for one-time gains and costs, were $1.12 per share. The results...

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