- Northern Nevada economic development efforts are on a roll. Friday, another announcement about a company moving to our area. No, it's not Tesla, but it makes electric-powered vehicles.
- Last week Rounds bakery received a cease and desist letter from a law firm representing Dominique Ansel Bakery, the bakery that trademarked the name "cronut." The co-owners at Rounds took to Twitter to issue their apology.
- The number of people applying for U.S. unemployment benefits rose last week after falling to a 14-year low the previous week. Despite the increase, weekly applications remain at historically low levels that suggest hiring is gaining steam.
Investors Resume Rush for Stocks, but Fears Lurk The stock market soared this week, reclaiming ground lost earlier in the month. But many investors worried that, with stock prices high and the world economy unsettled, this year’s succession of sudden dips and sharp recoveries may not be over.
New Homes' Problem: Price The gap between the more expensive median price of newly built homes and that of resales has exceeded $70,000 for most of the economic recovery, the widest spread since the Commerce Department and the National Association of Realtors started tracking the figures in 1968.
New-Home Sales Rise 0.2% New-home sales rose slightly in September after surging in August, hitting their fastest pace of the recovery despite downward revisions to sales during the summer months.
Spain's Recovery Continues Spain’s economy grew an estimated 0.5% and added 151,000 jobs in the third quarter, driven by a strong summer tourist season, lower borrowing costs and confidence that one of the eurozone’s strongest recoveries is still on track.
France, Italy Take Austerity Fight to Brussels European Union leaders staked out opposing positions on austerity ahead of a summit here, where France and Italy will attempt to fend off pressure from the bloc’s budget hawks to cut their deficits faster.
iTunes Sees Drop in Music Sales Digital music sales at Apple iTunes store have fallen 13% to 14% world-wide since the start of the year, according to people familiar with the matter, underscoring the fragility of the music industry’s nascent recovery.
P&G to Shed Duracell P&G said it plans to exit its Duracell business, with plans to carve off the leading battery brand with $2 billion in global sales into a separate company. The plan was announced as P&G reported flat sales and a 34% profit drop for its fiscal first quarter.
Chiquita Ends Banana Deal Chiquita has terminated its deal with Irish food company Fyffes and said it instead plans to enter negotiations with Cutrale-Safra, the coalition between a Brazilian orange juice maker and an investment firm.
Ford's Profit Falls 34% Ford said third-quarter income fell 34% from a year ago to $835 million as lower truck production and higher warranty and recall costs hurt results in its core North American operations and losses in Europe widened.
AT&T Risks Losing Prized Wireless Customers AT&T is enjoying its lowest-ever “churn” rate, but is also facing an uncomfortable situation: up to 10 million of its most lucrative wireless customers may be free to walk out the door.
U.S. to Name New Auto-Safety Chief The Obama administration is close to naming a permanent top auto-safety regulator amid criticism of the agency’s handling of large air-bag recall, which an administration official on Friday called “suboptimal.”
UPS Growth Fueled by Increase in Shipments in U.S. and Abroad United Parcel Service Inc. reported robust third-quarter growth, fueled by an increase in package shipments both in the U.S. and abroad and the strongest increase in domestic business-to-business deliveries in several years, signaling a strengthening U.S. economy.
Toyota Confirms Sale of Part of Tesla Stake Toyota said Friday it has sold some of its stake in Tesla Motors, days after German luxury car maker Daimler disclosed it had divested its Tesla shares for a sizable gain.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.