Business News

Nevada Gambling Revenue Falls in October

Posted: 11:34 AM - Nevada officials say the state's casinos earned less in October than they did a year ago dropping nearly 2.9 percent to $887.6 million for the month.

Fighting Online Fraud

Updated: 11:21 AM - People often use the Internet to seek out bargains this time of year. But those who use a smartphone or tablet to look for information should be aware there are likely to be people out there looking for YOUR information, too.

Super Bowl of Shopping Begins

Posted: 11/27/2015 - The Super Bowl of shopping has had an early start again this year, but most of the action is expected today.

Costco: FDA Tests Point Toward E. Coli In Salad Vegetables

Posted: 11/26/2015 - Costco officials say testing has pointed toward a vegetable mix from a California food wholesaler as the source of E. coli in the company's chicken salad that has been linked to an outbreak that has sickened 19 people in seven states.

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US Business News

  • Companies Shy Away From Spending
    Businesses appear reluctant to step up spending on the basic building blocks of the economy, such as machines, computers and new buildings.
  • Web Sales Hum, but With Smaller Orders
    The average amount Americans spent in some key product categories declined on Thanksgiving and Black Friday, as mobile shopping drove smaller orders, and aggressive discounts pushed down prices.
  • No Credit History? Your Smartphone Usage Will Do
    A handful of Silicon Valley-backed startups are looking to revolutionize lending in the developing world, where banks are scarce and many would-be borrowers have no credit history.
  • Why the U.S. Pays More Than Other Countries for Drugs
    Norway and other state-run health systems drive hard bargains, and are willing to say no to costly therapy.
  • Ethanol Companies Get Boost From U.S. Quotas
    U.S. regulators cut annual requirements for how much ethanol must be mixed into the nation’s fuel supply. But the reductions were smaller than originally proposed, softening the blow to ethanol companies.
  • IMF Adds Chinese Yuan as Lending-Reserve Currency
    Marking a milestone in China’s ascendancy as a global economic power, the International Monetary Fund added the Chinese yuan to its basket of elite reserve-lending currencies.
  • Fed Adopts Dodd-Frank Bailout Limits
    The Federal Reserve adopted a new rule restricting its ability to lend money to financial institutions in a crisis in an attempt to ease concerns from lawmakers who worry about the central bank’s unchecked power to pump money into the financial system.
  • Pending Home Sales Rise 0.2% in October
    An index measuring pending home sales—a gauge of purchases before they become final—rose 0.2% to a seasonally adjusted reading of 107.7 in October, the National Association of Realtors said Monday.
  • Unusual Allies in Carbon-Tax Debate
    Oil companies that are seeing more of their energy production coming from natural gas are lining up behind carbon-tax proposals that could accelerate a move away from coal-fired power plants.
  • CFOs Take Charge After a Deal Is Done
    As deal making rises, the chief financial officer of the acquiring company most often is in charge of the process of integrating finances, process and people of two separate companies.
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