Las Vegas Sun

March 29, 2024

Business

  • How major US stock market indexes fared on Friday

    6 years, 10 months ago

    (AP) A solid pickup in hiring last month helped push the stock market to record highs Friday. The gains were driven by energy, technology and industrial companies. On Friday: The Standard & Poor's 500 index advanced 9.77 points, or 0.4 percent, ...

  • Federal tax bills: Where does your state rank?

    6 years, 11 months ago

    (AP) U.S. residents paid Uncle Sam an average of $8,943 per person in federal income, payroll and estate taxes in 2016. A look at how the District of Columbia and the states rank in per capita federal taxes: 1. District of ...

  • Rates rise at weekly US Treasury bill auction

    7 years ago

    (AP) WASHINGTON — Interest rates on short-term Treasury bills rose in Monday's auction with rates on three-month bills climbing to the highest level in more than eight years. The Treasury Department auctioned $39 billion in three-month bills at a discount rate ...

  • US gas prices rise 2 cents over 2 weeks, to $2.35 a gallon

    7 years ago

    (AP) CAMARILLO, Calif. — The average price of a gallon of regular-grade gasoline rose 2 cents nationally during the past two weeks, to $2.35. Industry analyst Trilby Lundberg said Sunday that despite the rise, gas prices are poised to dip slightly ...

  • Decision time in Florida: Sun, fun and ... nonstop gambling?

    7 years ago

    (AP) For years, politicians in the Sunshine State have struggled over whether they want to let glitzy Las-Vegas style casinos sprout beside Florida's sugar-white beaches. The Republican-controlled Legislature, split among factions including those worried that more gambling would harm Florida's "family-friendly" ...

  • How major US stock market indexes fared on Wednesday

    7 years, 1 month ago

    (AP) US stocks ended mostly lower Wednesday, but the Dow notched its 9th straight gain. Energy companies stumbled, but basic materials makers rose as investors hoped two large deals will win approval from regulators. On Wednesday: The Dow Jones industrial average ...

  • Americans buy existing homes at fastest pace in a decade

    7 years, 1 month ago

    (AP) WASHINGTON (AP) — Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. Home sales rose 3.3 percent in January from December to a seasonally adjusted annual rate of 5.69 million, the ...

  • Asian stocks drift higher as investors await Fed minutes

    7 years, 1 month ago

    (AP) SEOUL, South Korea — Asian stock markets were mixed with subdued movements on Wednesday, getting little push from Wall Street's record high overnight, as investors awaited the Fed's latest meeting minutes due later in the day for clues about the ...

  • Faraday Future says plan is to resume work on Nevada plant

    7 years, 1 month ago

    (AP) Upstart electric vehicle company Faraday Future says it plans to resume construction soon on a $1 billion southern Nevada manufacturing plant where it says it'll begin producing cars in 2018. A company spokeswoman pointed Tuesday to a statement saying that ...

  • What changing the fiduciary rule could mean for you

    7 years, 1 month ago

    (AP) President Donald Trump's administration is working to dismantle a complex set of financial rules including the "fiduciary rule," which requires certain financial professionals to act in their clients' best interests when providing retirement advice. The rule's future is unclear, but ...

  • Kraft Heinz withdraws $143B bid to buy Unilever

    7 years, 1 month ago

    (AP) Kraft Heinz has withdrawn its $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low. The companies announced the decision Sunday in a joint press release, saying that Kraft ...

  • Delta will bring back free meals on some long US flights

    7 years, 1 month ago

    (AP) Food could be making a comeback in U.S. economy class, where passengers must either schlep their own meals, pay for one on board or make do with pretzels and peanuts. Delta says it will start serving meals to all passengers ...

  • Trump, Trudeau to discuss women in workforce

    7 years, 1 month ago

    (AP) President Donald Trump and Canadian Prime Minister Justin Trudeau will participate in a roundtable discussion about women in the workforce Monday, showing the rising policy influence of the first daughter who has stressed her commitment to issues like child care. ...

  • Shoppers weigh boycott calls as buying gets more political

    7 years, 1 month ago

    (AP) ALLENTOWN, Pa. — Stormy Patterson makes a distinction between opinion and action as she surveys each new call to boycott Company A or support Brand B. It's "silly" to penalize Under Armour over its CEO's praise of President Donald Trump, ...

  • How major US stock market indexes fared on Tuesday

    7 years, 1 month ago

    (AP) The major U.S. stock indexes eked out small gains Tuesday, pushing the Nasdaq composite index to another record-high close. Investors were focused on the latest company earnings. Consumer goods makers and technology companies rose, while energy companies fell along with ...

  • Michigan leads effort to shift workers away from pensions

    7 years, 1 month ago

    (AP) LANSING, Mich. — Struggling under the weight of pension and health care obligations, Michigan lawmakers appear ready to take another whack at public employee benefits — a move that reflects renewed determination to shift workers to 401(k)-style retirement systems, even ...

  • Tiffany & Co. CEO resigns amid company's financial concerns

    7 years, 1 month ago

    (AP) The CEO of Tiffany & Co. has stepped down amid concerns about the jewelry company's financial performance. The New York-based retailer announced Sunday that Frederic Cumenal's departure is effective immediately and the search has begun for a successor. Cumenal joined ...

  • California looks to build $7 billion legal pot economy

    7 years, 2 months ago

    (AP) The future of California's legal marijuana industry is being shaped in a warren of cubicles tucked inside a retired basketball arena, where a garden of paper cannabis leaves sprouts on file cabinets and a burlap sack advertising "USA Home Grown" ...

  • Diversity in tech: lots of attention, little progress

    7 years, 2 months ago

    (AP) The tech industry brought us self-driving cars, artificial intelligence and 3-D printers. But when it comes to racial and gender diversity, its leading companies are no trailblazers. Despite loudly touted efforts to hire more blacks, Hispanics and women, especially in ...

  • Starbucks to hire 10,000 refugees over next 5 years

    7 years, 2 months ago

    (AP) Starbucks says it will hire 10,000 refugees over the next five years, a response to President Donald Trump's indefinite suspension of Syrian refugees and temporary travel bans that apply to six other Muslim-majority nations. Howard Schultz, the coffee retailer's chairman ...

  • Roberta Ross sells Reno's Ross Manor after 30-year legacy

    7 years, 2 months ago

    (AP) On Dec. 22, Roberta Ross sold a big piece of her life. For 31 years, Ross worked at and then later owned one of the oldest apartment buildings in downtown Reno, the iconic Ross Manor at West and First streets. ...

  • Samsung: Note 7 battery design, manufacturing caused fires

    7 years, 2 months ago

    (AP) SEOUL, South Korea — Samsung Electronics Co. said Monday that problems with the design and manufacturing of batteries in its Galaxy Note 7 smartphones caused them to overheat and burst into fire. The announcement of results from the company's investigation ...

  • OPEC, allies says production cuts ahead of schedule

    7 years, 2 months ago

    (AP) OPEC and key non-OPEC oil producers are near their target of taking 1.8 million barrels of crude a day off global markets less than two months after agreeing to do so in efforts to push up the price of crude, ...

  • US stock indexes stay stuck; bond yields and dollar rise

    7 years, 2 months ago

    (AP) NEW YORK — U.S. stock indexes stuck to their holding pattern Wednesday, as the Standard & Poor's 500 index entered its most listless stretch of trading in more than three years. Bond yields and the dollar resumed their moves higher. ...

  • Trump has taken few steps to disentangle from private empire

    7 years, 2 months ago

    (AP) [{"text":"Trump’s son-in-law moves to distance self from business ties","url":"http://www.lasvegassun.com/news/2017/jan/09/trumps-son-in-law-moves-to-distance-self-from-busi/"}] President-elect Donald Trump pledged to step away from his family-owned international real estate development, property management and licensing business before taking office Jan. 20. With less than two weeks until his ...

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