May 24, 2013

More Headlines

US Treasury Reports $113B Surplus in April

The U.S. Treasury says it took in a surplus of $113 billion in April, the largest in five years. That lowered the federal deficit through the first seven months of the budget year and kept it on pace to be the smallest since 2008.

Comments

Obama Emphasizes Trade with Latin America

President Barack Obama says the U.S. places great importance on its trading relationships with Latin America and will keep working to improve those ties and help the region become more competitive.

Comments

Big Weekend For Sports Books

Its been called the most exciting 2 minutes in sports. We are talking about the Kentucky Derby which runs on Saturday after 3:00 in the afternoon. Local sports books have extended that two minutes to roughly 48 hours of action.

Video Comments

EPA Methane Report Further Divides Fracking Camps

A new report from the U.S. Environmental Protection Agency has dramatically lowered estimates of how much of a potent greenhouse gas is being leaked by the natural gas industry despite rapid growth in production.

Comments

IGT Predicts 4th Year of Double-Digit Growth

International Game Technology says a strong performance in its earnings for the second quarter has the Nevada-based slot-machine maker confident it will post its fourth consecutive year of double-digit growth.

Comments

Prom Spending Is on the Rise Again

The prom spending is on the rise again. The recession forced parents and teens to cut back on spending for the annual high school dance, but wallets are finally opening again.

Comments

PETA Buys Shares of SeaWorld Stock

PETA

PETA has purchased newly-issued shares of SeaWorld Entertainment Inc., the theme park company that often has been the target of the animal rights group's protests.

Comments

1 2 3 4 5 6 7 8 ... 9

US Business News

  • P&G Chief Replaced by Old Boss
    Procter & Gamble said A.G. Lafley has rejoined the company as president and chief executive, succeeding Bob McDonald.
  • Factory Deaths Prod Doubts of Fast Fashion
    Deadly accidents in Bangladesh factories have triggered questioning about the costs of "fast fashion," a design trend pioneered by Spanish labels that relentlessly rotate collections to keep new styles on store racks.
  • Nokia, HTC Battle Over Patents
    Nokia filed two new complaints against Taiwanese rival HTC for alleged patent infringement, continuing a battle in the fiercely competitive smartphone market.
  • Trains Leave Pipeline in Lurch
    A $2 billion pipeline project intended to ship oil from West Texas's booming oil fields to California has failed to pique the interest of several big refiners in the Golden State. The culprit: the growing popularity of railroads.
  • Exxon Looks at Papua New Guinea Gas Assets
    Exxon is in talks with Houston-based InterOil to invest in gas assets owned by the latter in Papua New Guinea, a move that could cement the country's outlook as a new energy exporter.
  • Google Copies Amazon's Playbook
    Google increasingly appears to be following Amazon's lead in such services as a new e-commerce site, cloud computing and services for online shoppers.
  • SAC Executives Subpoenaed
    The U.S. government issued subpoenas to four senior executives of SAC Capital Advisors who are part of Steven A. Cohen's inner circle, including the firm's president and chief compliance officer.
  • States' Rift on Taxes Widens
    Minnesota's move to raise $2.1 billion in new taxes, largely from the wealthy, to fund government programs puts it among a handful of states controlled by Democrats that are adopting more liberal fiscal policies.
  • Regulatory Move Inhibits Bank Deals
    A move by regulators that put the biggest bank merger of 2012 on ice is sending a chill through midsize financial institutions.
  • AT&T Imposes New Wireless Fee
    AT&T has added a new monthly administrative fee of 61 cents to the bills of all of its contract wireless lines as of May 1, a move that could bring in more than a half-billion dollars in annual revenue to the telecom giant.