More Business Articles

  • NC legislators approve regulating toxic coal ash

    Updated: Wed, Aug 20, 2014

    RALEIGH, N.C. (AP) — North Carolina lawmakers have approved legislation they say makes the state the nation's first to address decades of toxic water pollution from residue left behind by coal-burning electricity plants. The General Assembly on Wednesday approved legislation...

  • SEC alleges Colorado Springs woman defrauded investors of $800k

    By Wayne Heilman wayneh@gazette.com -
    Updated: 14 min ago

    A Colorado Springs woman and two companies she started have been sued by the U.S. Securities and Exchange Commission for allegedly defrauding more than 40 investors of nearly $800,000. The suit, filed last week in a federal court in Atlanta, alleges that Heidi Ann Gamer, 41; Gamer...

  • Air Force Academy, Colorado Springs nonprofit rev up technology transfer partnership

    By Wayne Heilman wayneh@gazette.com -
    Updated: 36 min ago

    The Colorado Springs Technology Incubator formally announced its partnership with the Air Force Academy Wednesday - a move to help the school turn research from its laboratories into marketable products through licensing, research and testing agreements with companies from Colorado...

  • APNewsBreak: B ofA reaches $17B settlement with US

    Updated: 40 min ago

    WASHINGTON (AP) — Bank of America has reached a record settlement of nearly $17 billion to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday. One of the...

  • Why Bank of America deal might not cost it $17B

    Updated: 55 min ago

    WASHINGTON (AP) — How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much. In mega-settlements negotiated with the government, a dollar is rarely worth an actual dollar. Inflated figures make sensational...

  • Mormon school removes gay-marriage cards at store

    Updated: 1 hr ago

    SALT LAKE CITY (AP) — Greeting cards celebrating same-sex marriages turned up at the Brigham Young University bookstore Tuesday. Placed by Hallmark, the cards reading "Mr. and Mr." and "Mrs. and Mrs." were quickly removed when bookstore staff discovered them after photos surfaced...

  • UPS says 51 retail stores breached by malware

    Updated: 1 hr ago

    Some customers of The UPS Store may have had their credit and debit card information exposed by a computer virus found on systems at 51 stores in 24 states. A spokeswoman for UPS says the information includes names, card numbers and postal and email addresses from about 100,000...

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

    Updated: 2 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: 2 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: 2 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...

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