Business News

Reno's CustomInk Makes Fortune Magazine's Top Company List

Updated: 9:18 AM - Benefits include the company covering 99% of employee health insurance premiums. Catered meals a few times a week, a gym, a doctor's office where employees can video chat in privacy with a doctor in real time if they are feeling ill.

Nevada Fast-Tracks Uber Venue Question

Posted: 11/19/2014 - The Nevada Supreme Court is fast-tracking a ruling on whether state courts in Reno or Las Vegas should properly hear an attempt by state taxi regulators to prevent ride-sharing company Uber Technologies from operating in the state.

Are We Running Out of Chocolate?

Posted: 11/18/2014 - Your favorite chocolate treat might soon become a luxury item. Chocolate lovers are in a frenzy over a report of a worldwide chocolate shortage, but are we going to have enough to last us through the holidays?

Cryptowall: Beware Of Malware

Updated: 11/17/2014 - A new malware is infecting systems as large as law enforcement and hospitals, all the way down to your personal computer. It's called Cryptowall. It not only shuts down your activity; it wants a ransom to restore it. Some local businesses have already experienced the infection.

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Economic News

  • Fed Opted to Stay on Path Despite Global Concerns
    Fed officials meeting last month said they felt the U.S. recovery was on strong enough footing to withstand gathering external threats to growth and stuck to their plan to unwind nearly six years of easy-money policies.
  • Immigration Plan Seen Impacting Wages, Jobs
    President Obama’s move to potentially offer legal-worker status to undocumented immigrants will send unpredictable ripples through the economy, prompting many to seek higher paying jobs and heightening wage competition, economists say.
  • U.S. Consumer Prices Unchanged in October
    U.S. consumer prices held steady last month, the latest sign of weak inflation at home amid soft energy prices and slow growth abroad.
  • Jobless Claims Fall
    The number of Americans filing new claims for jobless benefits held around a 14-year low last week, signaling continued improvement in the labor market.
  • Existing-Home Sales Rise
    Sales of existing homes rose in October to their highest level in a year, the latest sign of the U.S. housing recovery shaking off the shock of last year’s jump in mortgage rates.
  • Tarullo Sees Liquidity Rules Helping
    New liquidity rules will give regulators facing a financial crisis the time they didn't have during the 2008 meltdown to determine a firm’s health, a top Federal Reserve official says.
  • BOJ Stays Upbeat
    The Bank of Japan maintained its easing policy and upbeat view of the economy despite dismal growth figures that prompted Prime Minister Abe to delay a tax increase and call early elections.
  • U.S. Housing Starts Down 2.8%, but Single-Family Market Shows Strength
    Builders started construction on fewer properties last month, but a solid gain for single-family homes suggests the market may be strengthening heading into next year.
  • Producer Inflation Remains Tepid
    The main gauge of U.S. producer inflation ticked higher last month, though broader measures underscored downward price pressures from falling energy costs and a weak global economy.
  • U.S. Home-Builder Confidence Rose in November
    A gauge of home-builder sentiment climbed in November, a hopeful signal for the U.S. housing recovery as it struggles to find its footing.

US Business News

  • Targeted Ads? TV Can Do That
    TV networks and marketers are harnessing new “Big Data” tools to target ads by matching viewers of niche shows with their shopping preferences, making the television ad landscape more like the online one.
  • Inside Apple's Broken Sapphire Factory
    The $1 billion plan by Apple and unproven contractor GT Advanced Technologies to make superhard iPhone screens was troubled from the start, a rare misstep for the world’s most valuable company.
  • Amazon Robots Get Ready for Christmas
    Amazon has outfitted several U.S. warehouses with squat, wheeled robots that move stocked shelves to workers and are expected to speed delivery, saving employees as much as 20 miles a day of walking.
  • Takata Learned Early of Air-Bag Woes
    The quality chief of the Japanese auto-parts supplier at the center of a massive auto recall said it first learned of problems with its air bags in May 2005 but didn’t start its investigation or warn car makers until two years later. 
  • Best Buy Sales Bounce Back Ahead of Holidays
    Best Buy Co. said sales grew at the fastest rate in four years, helped by a more disciplined approach to discounting, greater investment by suppliers in its stores and strong demand for the new iPhone.
  • JetBlue to Add Bag Fees
    JetBlue Airways is adding bag fees and cutting passenger legroom, as the carrier looks to improve its financials amid pressure from analysts and investors.
  • Valeant Sets $2 Billion Buyback Plan
    Valeant Pharmaceuticals is launching a new $2 billion securities repurchase program, just days after losing to its bid to buy Botox maker Allergan to Actavis.
  • Cavernous Stores Wear on Forever 21
    Forever 21 is grappling with a special problem stemming from its aggressive expansion: gigantic stores that it has had trouble filling productively, according to people familiar with the company.
  • Marcato Pushes REIT Plan at Dillard's
    Activist investor Marcato Capital Management said department-store operator Dillard’s would benefit from splitting into a real-estate investment trust and an operating company.
  • Americans Swarm to MailOnline
    The website of Britain’s Daily Mail has become one of the most visited newspaper sites in the U.S. in just four years through an aggregation approach one former staffer likened to “Hoovering up the Internet and vomiting it back out.”
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