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August 23, 2017

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Business

  • MGM to match employee donations to civil rights groups

    3 days, 21 hours ago

    (AP) One of the largest employers in Nevada is launching a donation match program benefiting civil rights organizations in light of the deadly Charlottesville protests. MGM Resorts International, the largest casino operator on the Las Vegas Strip, said Friday that it ...

  • New Ford CEO says company will balance present with future

    6 days, 17 hours ago

    (AP) DETROIT — The new CEO of Ford Motor Co. says the company isn't taking its eyes off the present as it prepares for transportation in the future. Jim Hackett, who replaced Mark Fields in May, says new mobility projects such ...

  • German governor defends asking VW to vet speech on automaker

    17 days, 10 hours ago

    (AP) BERLIN — The governor of one of Germany's biggest states says he allowed Volkswagen to vet a 2015 speech about the automaker's diesel scandal. German weekly Bild am Sonntag has reported that VW, which is part-owned by Lower Saxony state, ...

  • US stocks back to records as corporate profits keep rising

    29 days, 7 hours ago

    (AP) NEW YORK — U.S. stock indexes returned to their winning ways Tuesday, and the Standard & Poor's 500 index headed for a record after corporate profits continued to come in better than analysts expected. McDonald's and Caterpillar were among the ...

  • Trump wants new NAFTA deal to cut trade deficit with Mexico

    1 month, 6 days ago

    (AP) WASHINGTON — President Donald Trump vowed Monday to boost U.S. manufacturing by cutting the $64 billion trade deficit with Mexico as he showcased products made in all 50 states — everything from a fire truck to a baseball bat. "No ...

  • US retail sales fall for a 2nd month as consumers pull back

    1 month, 10 days ago

    (AP) WASHINGTON — Americans curtailed their shopping in June, with less spending at restaurants, department stores and gasoline stations. The spending pullback came despite a healthy job market and suggests that economic growth could remain sluggish. Retail sales fell 0.2 percent ...

  • Black homeowners struggle as US housing market recovers

    1 month, 15 days ago

    (AP) [{"text":"More real estate coverage","url":"https://vegasinc.com/business/real-estate/"}] SAN FRANCISCO — Yul Dorn and his wife raised their son and daughter in a three-bedroom home crammed with family photos, one they bought in a historically African-American neighborhood in San Francisco more than two decades ...

  • Air bag maker Takata bankruptcy expected Monday in Japan, US

    1 month, 29 days ago

    (AP) DETROIT — Drowning in a sea of lawsuits and recall costs, Japanese air bag maker Takata Corp. is expected to seek bankruptcy protection in Tokyo and the United States early Monday. Takata was done in by defective air bag inflators ...

  • With tech giants back in charge, stocks hit records again

    2 months, 5 days ago

    (AP) NEW YORK — Apple and other big-name technology stocks got back to their winning ways Monday and helped drive U.S. indexes once again to record heights. The Standard & Poor's 500 index rose 20.31 points, or 0.8 percent, to 2,453.46 ...

  • Let your purse-onality be your guide

    2 months, 13 days ago

    (AP) Who hasn’t stared in admiration at a photo of a carefree-looking blogger and her new Chloe Faye handbag, romping around in stylish flats like she owns the internet? The bag would look good whether she wore distressed jeans or a ...

  • Toshiba to pay $3.68 billion for Westinghouse reactors in US

    2 months, 14 days ago

    (AP) TOKYO — Money-losing Japanese nuclear and electronics company Toshiba Corp. will pay $3.68 billion toward the construction of two reactors in Georgia by its U.S. unit Westinghouse, which has filed for bankruptcy protection. Tokyo-based Toshiba said Saturday the payment, under ...

  • Iran company finalizes deal with Boeing to buy 60 planes

    2 months, 14 days ago

    (AP) Iran company finalizes deal with Boeing to buy 60 planes TEHRAN, Iran — Iran's official IRNA news agency is reporting that the country's Aseman Airlines has finalized a deal to purchase 60 planes from the American company Boeing. The Saturday ...

  • British Airways cancels flights amid global computer outage

    2 months, 28 days ago

    (AP) LONDON — British Airways canceled all flights from London's Heathrow and Gatwick airports Saturday as a global IT failure causes severe disruption for travelers. The airline said it was suffering a "major IT systems failure" around the world. It didn't ...

  • Interactive experiences a big part of New Jersey casinos' futures

    2 months, 28 days ago

    (AP) ATLANTIC CITY, N.J. — Getting new customers involved in more interactive experiences is going to be a big part of the future for casinos in the United States and around the world, participants in a major gambling conference predicted Wednesday. ...

  • 9 years after recession began, some states still unrecovered

    3 months, 6 days ago

    (AP) MERIDIAN, Miss. — Call them the unrecovered — a handful of states where job markets, nine years later, are still struggling back to where they were before the recession. That's true in Mississippi, where job numbers and the overall size ...

  • Abercrombie & Fitch says it's in deal talks

    3 months, 14 days ago

    (AP) NEW YORK — Teen clothing chain Abercrombie & Fitch Co., responding to reports that it was in talks with interested buyers, says it's in preliminary discussions with several parties about a "potential transaction." The company's statement Wednesday that it had ...

  • US stocks mixed on weak earnings and higher oil prices

    3 months, 15 days ago

    (AP) NEW YORK — U.S. stock indexes are mixed Wednesday following weak first-quarter reports from consumer-focused companies including Priceline and Disney. Drugmakers and other health care companies are also down. However energy companies are rallying with the price of oil. KEEPING ...

  • Stocks drift around record highs in another listless day

    3 months, 16 days ago

    (AP) NEW YORK — U.S. stock indexes drifted around their record highs Tuesday as markets lazed through yet another day of listless trading. Treasury yields ticked higher, adding to gains made in recent weeks. KEEPING SCORE: The Standard & Poor's 500 ...

  • Credit Suisse gets $40m in tax breaks, adds 1,200 jobs in NC

    3 months, 16 days ago

    (AP) RALEIGH, N.C. — Swiss bank Credit Suisse is adding 1,200 jobs at its North Carolina technology hub as it reorganizes operations and cuts jobs elsewhere. A North Carolina state panel has approved up to $40 million in tax breaks to ...

  • US stock indexes inch back from record highs

    3 months, 17 days ago

    (AP) NEW YORK —U.S. stock indexes inched back from their record highs Monday, while the dollar ticked higher against other currencies. Trading was calm following the weekend's presidential election in France, which had the potential to upset global markets. The candidate ...

  • With Macron win confirmed, European market rally hits pause

    3 months, 17 days ago

    (AP) LONDON — When Emmanuel Macron topped the first round of voting in the French presidential election two weeks ago, French stocks soared to near-decade highs. On Monday, the reaction to his victory in the runoff was decidedly subdued: investors had ...

  • How major US stock market indexes fared on Friday

    3 months, 20 days 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?

    4 months, 9 days 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

    4 months, 29 days 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

    5 months, 14 days 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 ...

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