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AT&T Closes on $780M Buy of Atlantic Tele-Network

Posted: 09/20/2013 - AT&T has closed on its $780 million acquisition of Atlantic Tele-Network Inc., a wireless phone operator that operates under the Alltel brand with 590,000 subscribers.

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Journal Broadcast, Time Warner Reach Agreement

Posted: 09/20/2013 - Journal Broadcast Group has reached a new agreement with Time Warner Cable, ending a nearly two-month blackout of Journal Broadcast stations in Wisconsin and two other states for Time Warner subscribers.

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BlackBerry to Lay Off 4,500 Employees

Updated: 09/20/2013 - BlackBerry says it will lay off 4,500 employees, or 40 percent of its global workforce, as it reports a nearly $1 billion second-quarter loss in a surprise early release of earnings results.

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Stock Market Closes at Record High

Posted: 09/18/2013 - The stock market is closing at a record high after the Federal Reserve's surprise decision to keep its economic stimulus in place.

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Fed Downgrades Outlook for US Economy

Updated: 09/18/2013 - The Federal Reserve has a more downbeat outlook on the U.S. economy for 2013 and 2014 than it did three months ago.

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Summers Withdraws Name from Fed Consideration

Posted: 09/15/2013 - President Barack Obama says he has accepted Lawrence Summers' decision to withdraw from consideration for the role of Chairman of the Federal Reserve.

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Old Mining Town Fills With Elite Business Leaders

Posted: 09/15/2013 - Butte is a Montana mining town almost a century removed from its heyday. And this week it becomes the unlikely landing spot for some of the business world's biggest names.

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Firms Can Not Only Use Debit Cards to Pay

Posted: 09/13/2013 - Federal regulators say companies cannot require employees to receive their pay on debit cards, citing complaints from workers of high and unexpected fees on the cards.

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Computer Upgrades Cut US Jobless Claims to 292K

Updated: 09/12/2013 - The number of Americans seeking unemployment benefits plummeted last week 31,000 to a seasonally adjusted 292,000. But the drop was mostly because of technical issues in two states that delayed the processing of applications.

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Exec: Eldorado-MTR Merger a Powerful Combination

Posted: 09/10/2013 - The proposed merger of MTR Gaming Group and Eldorado Resorts creates new opportunities for growth, and executives with both companies say investors should expect to see acquisitions in coming years.

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Time Warner Joins IBM in Retiree Health Switch

Updated: 09/10/2013 - Media and entertainment company Time Warner Inc. plans to move its retired workers off its health plan and provide money to them to purchase coverage on private exchanges at the beginning of next year.

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Job Market Vital Signs

Posted: 09/08/2013 - Federal Reserve policy makers will have conflicting data on the strength of the job market to consider when they gather later this month to decide whether to ease the Fed's economic stimulus.

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IBM Moving Retirees Off Health Plan

Posted: 09/07/2013 - IBM plans to move many retired workers off its health plan and give them money to buy coverage on a health-insurance exchange. The move is part of a corporate trend away from providing traditional retiree health benefits as costs rise.

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US Employers Add 169K Jobs, Rate Falls to 7.3%

Updated: 09/06/2013 - U.S. employers added 169,000 jobs in August and much fewer in July than previously thought. The slowdown in hiring could complicate the Federal Reserve's decision later this month on whether to slow its bond purchases.

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Applications for US Jobless Aid Near 5-Year Low

Updated: 09/05/2013 - The number of Americans seeking unemployment benefits dropped 9,000 last week to a seasonally adjusted 323,000, near the lowest level since June 2008. The figure shows that employers are laying off fewer and fewer workers.

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Toyota Recalls 369,000 Vehicles

Updated: 09/04/2013 - Toyota is recalling 200,000 vehicles worldwide for a hybrid-system problem and another 169,000 vehicles for an engine bolt defect.

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