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IBM 4Q revenue continues to sag

January 21, 2015 ARMONK, N.Y. — IBM's fourth-quarter net income dropped 11 percent as revenue in most categories continued to decline, and its outlook for the year disappointed investors. more »»

From car lots to city budgets, cheap oil means change

January 20, 2015 WASHINGTON — Cheap oil doesn’t only mean cheaper gas in the tan. more »»

Davos forum founder urges unity against ‘dangerous’ risks

January 20, 2015 DAVOS, Switzerland — World leaders must do a better job of coordinating their actions if they want to effectively combat the menace of terrorism and the grave risks from conflicts and volatility... more »»

EU won’t ease Russia sanctions as Ukraine conflict rage

January 20, 2015 BRUSSELS — The European Union’s foreign ministers on Monday ruled out any easing of sanctions against Russia as long as fighting rages in eastern Ukraine, despite concerns about the economic... more »»

Euro currency’s missing pieces challenge policymakers

January 20, 2015 FRANKFURT, Germany — Europe’s struggle with economic stagnation is raising questions about whether its prized project — the shared euro currency — can bounce back or even just survive. more »»

Richest 1 percent sees share of global wealth jump

January 20, 2015 LONDON — The richest 1 percent of the population will own more than half the world’s wealth by 2016, Oxfam International said in a report released as the World Economic Forum begins in Davos,... more »»

Dairy industry braces for a milk bust following 2014 boom

January 18, 2015 MADISON, Wis. — Milk sales set records in 2014, but plummeting prices are forcing some dairy farmers to spill the surplus down the drain. more »»

Obama to pitch middle-class economic plan in annual address

January 18, 2015 WASHINGTON — President Barack Obama is turning to his biggest television audience of the year to pitch tax increases on the wealthiest Americans and put the new Republican Congress in the position o... more »»

Iowa courts expand their successes

January 18, 2015 The Chief Justice of Iowa’s Supreme Court, Mark Cady, told legislators last week that Iowans can be proud of our state’s court system, which is one of the best in the nation. more »»

VC firms rain down cash on tech startups, is bubble brewing?

January 18, 2015 SAN FRANCISCO — Cash rained down on startups in 2014, as venture capitalists poured a whopping $48.3 billion into new U.S. companies — levels not seen since before the dot-com bubble burst in 2001. more »»

Tourist numbers in Paris drop following terror attacks

January 18, 2015 PARIS — Gray skies over a half-empty Eiffel Tower. more »»

Nurses and Kaiser reach contract deal, avert 2-day strike

January 18, 2015 SAN FRANCISCO — The union that represents about 18,000 Kaiser Permanente nurses in Northern and Central California has reached a tentative contract with the medical provider and canceled a two-day... more »»

Eurostar services resume through Channel Tunnel after alarm

January 18, 2015 LONDON — Eurostar passenger services remained sporadic through the Channel Tunnel on Sunday after rail operators worked to restore normal traffic on the system a day after a smoke alarm triggered a... more »»

Buck up, profits down: High dollar dents US company earnings

January 17, 2015 WASHINGTON — The victims vary: Fast-food colossus McDonald’s. Technology giant Oracle. Medical device maker Cooper Cos. The culprit’s the same: A surging U.S. more »»

Growers struggle with glut of legal pot in Wash. state

January 17, 2015 SEATTLE — Washington’s legal marijuana market opened last summer to a dearth of weed. Some stores periodically closed because they didn’t have pot to sell. Prices were through the roof. more »»

Wet Seal files for bankruptcy

January 17, 2015 NEW YORK — The Wet Seal Inc. has filed for Chapter 11 bankruptcy protection in an effort to keep its remaining teen clothing stores open. more »»

Moody's cuts Russian’s bond rating

January 17, 2015 LOS ANGELES — Moody's Investors Service has cut its rating on Russian government bonds one step closer to "junk" status. more »»

USPS proposes price increases on postage

January 17, 2015 WASHINGTON — The U.S. Postal Service on Thursday proposed slight increases for mailing postcards and international letters — but wants to leave first-class "Forever" stamps at their present 49 cent. more »»

Litany of problems pushes Target into giving up on Canada

January 16, 2015 MINNEAPOLIS — Target is giving up on its money-losing foray into Canada after just two years, closing 133 stores and cutting loose more than 17,000 employees. more »»

Caesars unit files bankruptcy

January 16, 2015 LAS VEGAS — A cash-strapped division of casino giant Caesars Entertainment Corp. filed for bankruptcy protection Thursday in Chicago, hoping the court agrees to its plan to get out from under $18. more »»

 
 
 

 

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