More Paula Deen fallout: Sears, KMart, Walgreens, jcp
Paula Deen's business empire continues to unravel in the wake of her n-word scandal and teary Today show interview. The latest companies added to the list of those distancing themselves from the celeb...
View ArticlePaula Deen’s Food Empire Takes a Financial Hit
Add Wal-Mart to the list of advertisers that have dropped celebrity chef Paula Deen after she recently acknowledged using a racial slur in the past, specifically the N-word. Former employee Lisa...
View ArticleBusiness events and economic reports scheduled for the coming month
MONDAY, July 1 WASHINGTON — Institute for Supply Management releases its manufacturing index for June, 10 a.m.; Commerce Department releases construction spending for May, 10 a.m. More business...
View ArticleSears, Penney sever ties with Paula Deen
NEW YORK - (AP) -- Paula Deen's media and merchandising empire is collapsing. Sears, J.C. Penney and Walgreen said Friday that they're cutting ties with Paula Deen, adding to the growing list of...
View ArticleAP National News Calendar for the month of July
Major scheduled events for July 2013. Note that many events, especially court appearances, are subject to change at the last minute. The following economic reports will be issued in WASHINGTON(all...
View ArticleHow the stock market has performed after a stellar first half, and what may...
NEW YORK — The stock market just had its best first half of the year since 1998. Now what? History suggests stock investors will make more money the second half of the year. More business...
View ArticlePuerto Rico legislators rush to approve budget amid economic crisis
SAN JUAN, Puerto Rico — Puerto Rico legislators on Friday rushed to try to approve a budget amid debate on how best to revive the U.S. territory’s economy, which the New York Federal Reserve president...
View ArticleFeds approve horse slaughterhouse in NM; say permits coming for Iowa,...
ALBUQUERQUE, N.M. — Federal officials have granted a southeastern New Mexico company’s request to open a horse slaughterhouse, adding Friday that they plan to grant similar permits to operations in...
View ArticleStatus of the states on same-sex marriage, and how Supreme Court rulings...
The Supreme Court issued a pair of decisions this week with major consequences for efforts to legalize or bar same-sex marriage. One ruling opened the way for California to become the 13th state to...
View ArticleHouse failure to pass farm bill frustrates dairy farmers struggling to hang...
MILWAUKEE — Dairy farmers expressed frustration this week with Congress’ failure to pass a farm bill, saying the uncertainty made it hard to do business and some could go under without changes to the...
View ArticleJudge: Hobby Lobby won’t have to pay fines for refusing certain birth-control...
OKLAHOMA CITY — Hobby Lobby and a sister company will not be subject to $1.3 million in daily fines beginning Monday for failing to provide access to certain forms of birth control through its...
View ArticleNews Summary: Exodus continues for Paula Deen
FALL OF THE DEEN EMPIRE: Sears, J.C. Penney and Walgreen said Friday that they're cutting ties...
View ArticleFounder of Kan.-based insurance franchising business Brooke Corp. pleads guilty
KANSAS CITY, Mo. — The founder of failed Kansas-based insurance franchising business Brooke Corp. has pleaded guilty to providing misleading information in a federal securities filing. Robert D. Orr,...
View ArticleCorbett calls on Delaware River Basin Commission to lift 3-year moratorium on...
Gov. Tom Corbett urged the Delaware River Basin Commission to lift a three-year moratorium on gas drilling, saying it has depressed economic growth in northeastern Pennsylvania and deprived landowners...
View ArticleFederal officials outline health, life insurance options for employees in...
WASHINGTON — A wide range of federal benefits, from health insurance to flexible spending accounts, are now available to married gay and lesbian federal employees and their families following the...
View ArticleUS senators urge Obama administration not to cut wildfire prevention funds
DENVER — A bipartisan group of Western U.S. senators on Friday urged the Obama administration to focus more on preventing wildfires rather than taking money from programs that clear potentially...
View ArticleAP National News Calendar
Eds: Major scheduled events for the week of June 30-July 6. Note that many events are subject to change at the last minute. The following economic reports will be issued in Washington (all times EDT):...
View ArticleHonda tells some Fit owners to park outside due to fire risk; window switches...
DETROIT — Honda is urging the owners of more than 686,000 Fit and Jazz subcompacts worldwide to park them outside because the power window switches can catch fire. The company said Friday that it is...
View ArticleFederal judge blocks Mich. law that banned domestic partner benefits for some...
DETROIT — A federal judge on Friday blocked Michigan’s ban on domestic partner benefits for employees who work in school districts and local governments. U.S. District Judge David Lawson said...
View ArticleChrysler adding diesel engine to light-duty Ram pickup for 2014, expects to...
DETROIT — Chrysler is adding a diesel engine to its light-duty Ram pickup truck lineup. The company is promising the best fuel economy of any full-size pickup in the U.S. Chrysler wouldn’t release...
View ArticleStocks end lower on Wall Street; June loss ends a seven-month winning streak...
NEW YORK — Stocks are ending mostly lower on Wall Street as the market closes out a turbulent month. The Dow Jones industrial average fell 114 points, or 0.8 percent, to close at 14,909 Friday. More...
View ArticleNews Summary: Japan factory output up 2 pct, core CPI stops fall as economic...
UPBEAT NEWS: Japan’s May industrial production rose 2 percent, the fourth straight monthly increase, while the most-watched consumer price index stopped falling for the first time in seven months. Core...
View ArticleJim Kirk named publisher of Chicago Sun-Times and CST Group publications
CHICAGO — Jim Kirk, editor in chief of the Chicago Sun-Times, has been named publisher of the newspaper in a reorganization of management. The Sun-Times reports (http://bit.ly/14D5Gkc ) that Kirk will...
View ArticleUSDA crop report shows wet spring won’t impact predicted massive corn crop;...
DES MOINES, Iowa — The U.S. Department of Agriculture says farmers will come through with the predicted corn crop despite the Midwest’s wet spring that delayed planting. Some states — including...
View ArticleDutch biotechnology company Prosensa surges in its 1st day of trading on the...
Shares of Prosensa are rising Friday in the Dutch biotechnology company’s first day on the Nasdaq. Prosensa Holding BV climbed $6.26, or 48.3 percent, to $19.26 in afternoon trading. More business...
View ArticleStocks waver between gains and losses; S&P 500 on track for first monthly...
NEW YORK — U.S. stock indexes are little changed in midday trading as a three-day rally peters out. The Dow Jones industrial average was down 13 points, or 0.1 percent, at 15,010 shortly before noon...
View ArticleS&P ratings agency knocks Cyprus, already at junk grade, down to ‘selective...
NEW YORK — Standard & Poor’s has lowered its credit rating on Cyprus, knocking the debt-stricken island country from the lower rungs of junk status into “selective default” because of an announced...
View ArticleGold, silver recover a little after a rough week; energy prices broadly lower
Gold and silver prices are ending slightly higher Friday, at the end of a rough week. It was the first gain for gold after four straight losses. Traders have been dumping gold since last week after the...
View ArticleNews Corp to split after Friday close; publishing division worth about 12...
NEW YORK — News Corp. will formally split in two after the market closes Friday, with existing shareholders getting one share in the new publishing entity for every four shares they hold in the media...
View ArticleNews Summary: Stocks fall at end of volatile month but still up big for...
FLITTING PRICES: Stocks ended lower after flitting between tiny gains and losses most of Friday as investors weighed statements from Federal Reserve officials about when the central bank might end its...
View ArticleJudge: US cannot fine Hobby Lobby $1.3 million daily after Monday’s health...
OKLAHOMA CITY — Judge: US cannot fine Hobby Lobby $1.3 million daily after Monday’s health care deadline. Copyright 2013 The Associated Press. All...
View ArticleSears, Penney sever ties with Paula Deen, while QVC takes a pause
NEW YORK — The exodus continues. Sears Holdings Corp and J.C. Penney Co. said Friday that they’re cutting ties with Paula Deen, adding to the list of companies severing their relationship following...
View ArticlePaula Deen’s empire is fast unraveling
NEW YORK — FALL OF THE DEEN EMPIRE: Sears, J.C. Penney and Walgreen said Friday that they’re cutting ties with Paula Deen, adding to the growing list of companies severing their relationship following...
View ArticleSears, J.C. Penney join rush to sever ties with Paula Deen
Connect With Us The Bottom Line Looking for a job? Come to Columbus. U.S. News & World Report magazine puts Columbus eighth in the country out of the top ten best cities to find ... Local Stories...
View ArticlePaula Deen’s empire continues to crumble: More sponsors drop controversial...
The controversy surrounding Paula Deen’s N-word scandal has driven almost all of her corporate sponsors away. Sears, Kmart, Walgreens and J.C. Penney are the latest retailers to end their business...
View ArticleSears Holdings severs ties with Paula Deen
Click photo to enlarge FILE - In this Dec. 30, 2010 file photo, Paula Deen speaks in Pasadena, Calif. Sears Holdings Corp. announced Friday, June 28, 2013, that it is cutting ties with Southern...
View ArticleSears, J.C. Penney sever ties with Paula Deen
NEW YORK - The exodus continues. Sears Holdings Corp and J.C. Penney Co. said Friday that they're cutting ties with Paula Deen, adding to the list of companies severing their relationship following...
View ArticleRising home values, stock price gains keeps US consumer sentiment near 6-year...
WASHINGTON — A measure of U.S. consumer confidence remained near a six-year high in June as higher home and stock prices boosted household wealth. The University of Michigan says its index of consumer...
View ArticleShares of restaurant chain Noodles & Co. soar in trading debut after IPO...
NEW YORK — Shares of Noodles & Co. are soaring in their first day of trading on the Nasdaq. The casual restaurant chain raised $96.5 million in its initial public offering of stock. Shares priced...
View ArticleNews Summary: Pipeline crossing Greece to transport Caspian Sea gas is...
GASSING UP: A new pipeline to bring gas to Europe from the Caspian Sea will go through Greece and then undersea to Italy. PIPE DREAMS: BP, the main developer of the huge Shah Deniz gas field in the...
View Article