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Greek store closures spike as recession, austerity return

July 24, 2015 ATHENS, Greece — Giorgos Prasinoudis ran his motorcycle repair shop in Athens for three decades, through good times and bad. Now a “For Sale” sign hangs outside the window. more »»

GM tops 2Q profit forecasts on trucks, SUVs

July 24, 2015 DETROIT — Big profits from trucks and SUVs helped General Motors overcome a sales slowdown in China, economic problems in Venezuela and payments to ignition switch crash victims as the automaker’s... more »»

Amazon shares jump on surprise 2Q profit

July 24, 2015 NEW YORK — Amazon.com reported a surprise second-quarter profit Thursday on continued strength of its cloud-computing business and strong revenue both domestically and abroad. more »»

Visa 3Q earnings jump 25 pct, beat estimates

July 24, 2015 NEW YORK — Visa Inc. said its fiscal third-quarter profit jumped 25 percent, helped by a double-digit rise in payments processed on its network. more »»

Japan's Nikkei buys Financial Times for $1.3B

July 24, 2015 LONDON — Japanese media company Nikkei Inc. is buying the Financial Times as part of an 844 million-pound ($1.3 billion) deal with Britain's Pearson PLC. more »»

Higher minimum-wage proposals gain ground on both coasts

July 23, 2015 SAN FRANCISCO — The push for a higher minimum wage gained momentum on both sides of the country Wednesday, with New York embracing an eventual $15 an hour for the state’s 200,000 fast-food workers... more »»

Report: Social Security disability fund to run dry next year

July 23, 2015 WASHINGTON — The 11 million Americans who receive Social Security disability face steep benefit cuts next year, the government said Wednesday, handing lawmakers a fiscal and political crisis in the... more »»

Shell gets permits for oil drilling in Arctic waters

July 23, 2015 ANCHORAGE, Alaska — The Obama administration has given Royal Dutch Shell PLC approval to begin limited exploratory oil drilling off Alaska's northwest coast. more »»

Qualcomm to cut 15 percent of workforce

July 23, 2015 Qualcomm says it will cut jobs, update its board and review its business structure as part of an effort to improve its performance. more »»

Strong iPhone sales; Apple stock down with few Watch details

July 22, 2015 SAN FRANCISCO — Apple’s stock slid sharply on Tuesday after the company reported strong iPhone sales but remained coy about the performance of its new smartwatc. more »»

Microsoft books $8.4B 4Q write-down on phones

July 22, 2015 LOS ANGELES — Microsoft booked an $8.4 billion charge in the fourth quarter, swallowing a bitter pill by writing off the Nokia phone business it bought just over a year ago. more »»

Citi to refund $700M for deceptive card practices

July 22, 2015 NEW YORK — Nine million credit card customers will receive refund checks from Citigroup after U.S. more »»

Fierce fight looms on Ex-Im Bank as outside groups weigh in

July 21, 2015 WASHINGTON — Congress is about to decide the fate of an obscure federal agency that has become improbably tangled in presidential politics and Republican Party infighting, and the billionaire Koch... more »»

Families face tough decisions as cost of elder care soars

July 21, 2015 NEW YORK — Doris Ranzman had followed the expert advice, planning ahead in case she wound up unable to care for herself one da. more »»

Shares of PayPal rise on 1st day of trading

July 21, 2015 NEW YORK — PayPal shares jumped in its first day as a separate and publicly traded company as the firm outlined plans to capitalize on the rise of mobile payments and the growing digitization of... more »»

Lockheed to buy Sikorsky Aircraft for $9B

July 21, 2015 HARTFORD, Conn. — Lockheed Martin will acquire Black Hawk helicopter maker Sikorsky Aircraft for $9 billion as it seeks greater access to the military and commercial helicopter market. more »»

Fed directs 8 banks to hold extra capital

July 21, 2015 WASHINGTON — Federal regulators are directing the eight biggest U.. more »»

Obama nominates Dominguez to Fed board

July 21, 2015 WASHINGTON — President Barack Obama is nominating economist Kathryn Dominguez to serve on the Federal Reserve’s board of governors. more »»

Christmas in the Capitol? Congress’ to-do list grows

July 20, 2015 WASHINGTON — Congress’ midsummer to-do list may take until Christmas to clear. more »»

Names & Notes

July 19, 2015 GNB Bank and Ackley State Bank announce merge GRUNDY CENTER — The Boards of Directors of GNB Bank and Ackley State Bank are announcing they will merge and operate as GNB Bank on Jan. more »»

 
 
 

 

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