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December 20, 2014

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Business

  • On Black Friday, many shop, others make statements

    22 days, 1 hour ago

    (AP) An estimated 600,000 Nevada shoppers hit stores on Black Friday while others used the day to make a point on behalf of the retail workers who stocked the shelves and rang up the purchases. Members of the AFL-CIO delivered letters ...

  • Obama picks ex-P&G head to lead Veterans Affairs

    5 months, 24 days ago

    (AP) President Barack Obama plans to nominate former Proctor & Gamble executive Robert McDonald as the next Veterans Affairs secretary, as the White House seeks to shore up an agency beset by treatment delays and struggling to deal with an influx ...

  • Customer trumps Waffle House rule, gives $1,000 tip directly to server

    6 months, 12 days ago

    (AP) RALEIGH, N.C. — A server at a North Carolina Waffle House has received a $1,000 Mother's Day tip directly from her customer after the restaurant refused to give it to her because it was left on a credit card. Shaina ...

  • McDonald’s offers seasoned french fries in test markets

    7 months, 15 days ago

    (AP) NEW YORK — McDonald's says it plans to start testing seasoned french fries at select U.S. locations starting Friday. The world's biggest hamburger chain says the test of its "Shakin' Flavor Fries" will take place at restaurants in northern California ...

  • Ford’s Fields to replace Mulally as CEO July 1

    7 months, 23 days ago

    (AP) DEARBORN, Mich.— Mark Fields, who helped turn Ford Motor Co.'s North American operations into a sales and profit powerhouse, will take over from Alan Mulally as CEO on July 1. The 53-year-old Fields has been Ford's chief operating officer since ...

  • Sands 1Q profit beats predictions, thanks to Macau

    8 months ago

    (AP) Las Vegas Sands Corp. said its first-quarter net income rose 36 percent due to a strong performance in Macau, the world's largest gambling market. Billionaire CEO Sheldon Adelson said Thursday the company delivered growth in every sector of business in ...

  • Wal-Mart jumps into the money transfer biz, loudly

    8 months, 6 days ago

    (AP) Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business. The world's largest retailer introduced a new money transfer service Thursday that it says will cut fees for its low-income customers by up ...

  • Cyber cops: Target hackers may take years to find

    8 months, 6 days ago

    (AP) Secret Service investigators say they are close to gaining a full understanding of the methods hackers used to breach Target's computer systems last December. But the agency says it could take years to identify the criminals who stole some 40 ...

  • Mozilla CEO resigns after furor over gay rights

    8 months, 21 days ago

    (AP) MOUNTAIN VIEW, CALIF. — Mozilla co-founder Brendan Eich is stepping down as CEO after protests of his support of a gay marriage ban in California. The Mountain View-based nonprofit maker of the Firefox browser had promoted him last week. At ...

  • Samsung hooks unsuspecting Obama as phone ad star

    8 months, 22 days ago

    (AP) NEW YORK — The latest pitchman in Samsung's marketing machine: an unwitting President Barack Obama. Boston Red Sox baseball player David Ortiz snapped a selfie with the president at a White House event using a Samsung phone and tweeted it ...

  • S&P 500 notches another record after hiring report

    8 months, 22 days ago

    (AP) NEW YORK — Stocks closed higher for a fourth straight day on Wednesday after a report on hiring provided another encouraging sign that the economy is emerging from its winter slump. The Standard & Poor's 500 index closed at a ...

  • Workers at some downtown Las Vegas casinos vote to allow strike

    8 months, 27 days ago

    (AP) Union members at several downtown Las Vegas casinos have voted overwhelmingly to authorize a strike if bargaining doesn't yield a new contract. A statement from Culinary Union Local 226 said that more than 99 percent voted for the authorization. The ...

  • BofA to spend $9.33 billion in FHFA settlement

    8 months, 29 days ago

    (AP) Bank of America will spend $9.33 billion to resolve a dispute over mortgage securities with the Federal Housing Finance Agency, the regulator that oversees Fannie Mae and Freddie Mac. The agency sued 18 financial institutions in September 2011 over their ...

  • As trade talks begin, Europe wants its Parmesan back

    9 months, 14 days ago

    (AP) WASHINGTON— Would Parmesan by any other name be as tasty atop your pasta? A ripening trade battle might put that to the test. As part of trade talks, the European Union wants to ban the use of European names like ...

  • Stocks stumble, then mostly recover in late trade

    9 months, 25 days ago

    (AP) NEW YORK — Stocks were mostly higher in late trading Friday as the market mostly recovered from an afternoon stumble. The Standard & Poor's 500 index edged further into record territory, but weakness in technology stocks held back the Nasdaq ...

  • Child dies from infected rat; family sues Petco

    9 months, 28 days ago

    (AP) SAN DIEGO — A San Diego family is suing Petco after the death of their 10-year-old son from a bacterial infection they say he contracted from his pet rat. Attorney John Gomez told the Associated Press on Tuesday that his ...

  • Collapse of exchange spells trouble for bitcoin

    9 months, 28 days ago

    (AP) TOKYO — The sudden disappearance of one of the largest bitcoin exchanges only adds to the mystery and mistrust surrounding the virtual currency, which was just beginning to gain legitimacy beyond the technology enthusiasts and adventurous investors who created it. ...

  • In rush to legalize gambling, more states are outsourcing regulation of casinos to private firms

    10 months, 2 days ago

    (AP) When Springfield, Mass., needed to choose who would build its first casino, the city hired an outside adviser to help with the process. The consulting firm Shefsky & Froelich recommended the deal go to MGM Resorts International. At the same ...

  • Outdoor outfitting retailer's co-founder Richard Cabela dies at 77

    10 months, 6 days ago

    (AP) OMAHA, Neb.— Richard Cabela, a co-founder of outdoor outfitter Cabela's, died Monday. He was 77. Cabela, who went by Dick, died at his home in Sidney, where the company is based, said spokesman Joe Arterburn. The company that sells outdoor ...

  • Victim of casino glut, NJ’s Atlantic Club closes

    11 months, 11 days ago

    (AP) ATLANTIC CITY, N.J. — New Jersey's Atlantic Club Casino Hotel shut down early Monday morning, the victim of a glut of casinos in the northeastern U.S. Once Atlantic City's top-earning casino, where then-owner Steve Wynn clowned with Frank Sinatra in ...

  • Dec. auto sales falter; 2013 still best in 6 years

    11 months, 21 days ago

    (AP) DETROIT — December U.S. auto sales slowed a bit from the brisk pace earlier this year, but automakers still were on target to finish 2013 with the best numbers in six years. Nissan posted an 11 percent gain for December ...

  • At 50, new-look Mustang still has plenty of muscle

    1 year ago

    (AP) DEARBORN, Mich. — America's first pony car — the Ford Mustang — is celebrating its 50th birthday with a swoon-worthy new design and plans to go global. Ford Motor Co. was to reveal the 2015 Mustang Thursday morning at events ...

  • Netflix sets Season 2 release of 'House of Cards' on Feb. 14

    1 year ago

    (AP) LOS ANGELES — The second season of Netflix's political thriller, "House of Cards," will debut on Valentine's Day next year. All 13 episodes will be available immediately Feb. 14. The Los Gatos, Calif., company says the show, starring Kevin Spacey, ...

  • Monday was top online shopping day on record, report says

    1 year ago

    (AP) NEW YORK — Cyber Monday is still on top. Retailers from Wal-Mart Stores to Amazon started rolling out "Cyber" deals at the beginning of November, and kept them going on Thanksgiving and Black Friday. That led some to wonder if ...

  • Tumblr brings hipster twist to year-end lists

    1 year ago

    (AP) SAN FRANCISCO — Tumblr is where the Internet's cool kids hang out. That's why Yahoo paid $1.1 billion to buy the blogging site in one of this year's most buzzed-about deals. Now, Tumblr is flaunting its hipster credentials with a ...

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