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February 11, 2016

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Business

  • Fired Wal-Mart worker awarded $31M in suit

    12 days, 12 hours ago

    (AP) A jury has awarded more than $31 million in damages to a former Wal-Mart pharmacist in New Hampshire who claimed she was wrongly fired after reporting safety concerns about co-workers dispensing prescriptions. Maureen McPadden was a 13-year employee who reported ...

  • Starting Thursday, UberX to pick up at LAX

    21 days, 12 hours ago

    (AP) Passengers arriving at Los Angeles International Airport will be allowed to leave in an UberX car starting Thursday morning. LAX was a notable holdout against Uber's cheapest ride-hailing service, as taxi companies lobbied to keep out a potent competitor. After ...

  • Sears to close a handful of Kmart stores

    28 days, 12 hours ago

    (AP) NEW YORK — Sears Holdings Corp. is confirming it's closing a handful of Kmart stores across the country by mid-April as it continues to trim its ailing fleet. Howard Riefs, a spokesman for the Hoffman Estates, Illinois-based parent, which also ...

  • Suit: Wal-Mart sold ammo used in 3 killings

    1 month, 5 days ago

    (AP) Families of three people killed in Pennsylvania last year are suing Wal-Mart, alleging the retail giant sold ammunition used in the slayings to a man who was underage and drunk. Wal-Mart employees in Easton were negligent in selling .38-caliber ammunition ...

  • TransCanada to challenge Keystone rejection

    1 month, 5 days ago

    (AP) The Canadian company that proposed the Keystone XL oil pipeline has filed a lawsuit over the U.S. government's rejection of the project and says it plans a second legal challenge. TransCanada on Wednesday filed a federal lawsuit in Houston alleging ...

  • Las Vegas gets 42 million-plus visitors — who’s counting?

    1 month, 8 days ago

    (AP) LAS VEGAS — Visit Las Vegas in 2015? Count yourself among the more than 42 million people traveling to the casino corridor last year, according to the resort's biggest travel booster. It's a number that breaks 2014's record visitation of ...

  • Health care repeal vote to open a political year in Congress

    1 month, 9 days ago

    (AP) WASHINGTON — It's been like a long-delayed New Year's resolution for Republicans. But 2016 will finally be the year when they put legislation on President Barack Obama's desk repealing his health care law. The bill undoing the president's prized overhaul ...

  • U.S. stocks end 2015 mostly flat, capping volatile year

    1 month, 11 days ago

    (AP) The U.S. stock market took investors for a wild ride in 2015, but in the end it was a trip to nowhere. Despite veering between record highs and the steepest dive in four years, the stock market ended the year ...

  • Amazon holiday shipping, Christmas Eve deliveries set record

    1 month, 14 days ago

    (AP) TRENTON, N.J. — Online retailer Amazon has been a prime beneficiary of more consumers doing their holiday shopping online and procrastinating. Amazon Prime, the company's $99-a-year loyalty program that includes unlimited free two-day shipping, gained 3 million new members in ...

  • Holiday spending up 8 percent; online sales surge

    1 month, 14 days ago

    (AP) NEW YORK — Americans spent more on items like furniture during the holidays this year, with online shopping in particular seeing a big spike, according to a report released Monday. Overall spending rose 7.9 percent from a year ago, according ...

  • Medical marijuana’s big business lures ex-law enforcers

    1 month, 15 days ago

    (AP) COLLINSVILLE, Ill. — With fewer than 4,000 approved patients, the nascent medical marijuana business in Illinois is off to a slow start. Yet it hasn't kept away a cadre of cannabis entrepreneurs who once relied on guns, badges, tough drug ...

  • Chinese medicinal herbs provide niche market for U.S. farmers

    1 month, 15 days ago

    (AP) DELMAR, N.Y. — Expanding interest in traditional Chinese medicine in the United States is fostering a potentially lucrative new niche market for farmers who plant the varieties of herbs, flowers and trees sought by practitioners. While almost all practitioners still ...

  • U.S. stocks waver in thin trading ahead of Christmas

    1 month, 18 days ago

    (AP) NEW YORK — Stocks were little changed in light trading Thursday, as investors remained on the sidelines ahead of Christmas Day holiday. The price of crude oil continued to recover. KEEPING SCORE: The Dow Jones industrial average lost 37 points, ...

  • New rules bringing kidneys to hardest-to-transplant patients

    1 month, 22 days ago

    (AP) WASHINGTON — A shake-up of the nation's kidney transplant system means more organs are getting to patients once thought nearly impossible to match, according to early tracking of the new rules. It's been a year since the United Network for ...

  • In budget deal, health law foes took a different path

    1 month, 22 days ago

    (AP) WASHINGTON — Republican foes of President Barack Obama's health care law may be able to get more by chipping away at it than trying to take the whole thing down at once. That's one lesson of the budget deal passed ...

  • 6 plead guilty in $100M software piracy case

    1 month, 25 days ago

    (AP) Six people pleaded guilty to charges related to more than $100 million in stolen software such as Windows XP that authorities said was one of the largest such piracy schemes prosecuted by the U.S. government. Tammy Dickinson, U.S. attorney for ...

  • How the Dow Jones industrial average fared on Thursday

    1 month, 25 days ago

    (AP) NEW YORK — Stocks skidded Thursday as a late drop erased the market's gains from the day before. Companies that sell oil, gold and silver tumbled along with the prices of those commodities. On Thursday: The Dow Jones industrial average sank ...

  • Energy stocks, beaten down all week, help push market higher

    2 months, 2 days ago

    (AP) NEW YORK — Investors took a chance on some beaten-down shares on Thursday, helping the U.S. stock market to its first gain in four days. The gain was modest, but broad, with eight of the 10 industry sectors of the ...

  • Congress revives the Export-Import Bank; establishment win

    2 months, 8 days ago

    (AP) WASHINGTON — In a victory for the business establishment over tea party conservatives, Congress has revived the federal Export-Import Bank five months after allowing it to expire. The bank is a small federal agency that makes and guarantees loans to ...

  • Surge in hiring sends U.S. stock market sharply higher

    2 months, 8 days ago

    (AP) The stock market had its biggest gain since September after the U.S. government reported another solid month of job gains. The encouraging news on the economy Friday paved the way for the Federal Reserve to begin nudging interest rates back ...

  • Analysis: DraftKings, FanDuel wrong for now, but on right side

    2 months, 21 days ago

    (AP) Say goodbye to all those annoying commercials. Forget about the promise of winning millions of dollars. The courts are sure to find what the rest of us already know. Daily fantasy games are no different than putting down a bet ...

  • Stocks open higher; ConAgra Foods jumps on spinoff news

    2 months, 24 days ago

    (AP) U.S. stocks moved higher in early trading Wednesday as investors were encouraged by corporate deal news from ConAgra Foods and railroad operator Norfolk Southern. Energy stocks were among the biggest gainers as the price of oil rose. Traders also were ...

  • Albertsons to get 34 grocery stores in Haggen auction

    2 months, 28 days ago

    (AP) Grocer Albertsons will get 34 stores in the Haggen's bankruptcy auction. The Bellingham Herald reports Albertsons, which sold 146 stores to Haggen earlier this year, came with the highest bids on 34 of 55 stores that received bids. Court documents ...

  • Kroger to buy Roundy’s for $178M to expand in Midwest

    3 months, 1 day ago

    (AP) Kroger said Wednesday that it plans to buy fellow grocer Roundy's for about $178 million to expand in the Midwest. Roundy's Inc. owns about 150 stores in Wisconsin and Illinois. Its shops include Copps, Mariano's, Metro Market and Pick 'n ...

  • Stock indexes stumble in early trading; Macy’s sinks

    3 months, 1 day ago

    (AP) NEW YORK — U.S. stocks indexes are slipping Wednesday morning. Retailers are slumping after Macy's reported weak results and cut its outlook. KEEPING SCORE: The Dow Jones industrial average lost 20 points, or 0.1 percent, to 17,737 as of 10:17 ...

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