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Updated: 2 days 20 hours ago

Outlook for drilling dim amid low oil prices; Wyoming working rig count lowest since 1999

Fri, 04/24/2015 - 18:58
Drilling for oil and gas in Wyoming has sunk to the lowest rate since 1999 amid oil prices that are too low for petroleum companies to invest in new exploration.
Categories: Business News

Court: Iowa casino doesn't have to pay grandmother who won $41M bonus in slot machine error

Fri, 04/24/2015 - 17:48
When an 87-year-old Illinois grandmother bet a quarter in an Iowa slot machine in 2011, she thought she'd hit it big.
Categories: Business News

Lawmakers pass bill that would make Hawaii first state to raise legal smoking age to 21

Fri, 04/24/2015 - 17:23
A bill that would make Hawaii the first state to raise the legal smoking age to 21 cleared the Legislature on Friday and is headed to the governor.
Categories: Business News

North Dakota approves new oil tax framework: Bill lowers taxes, abolishes price triggers

Fri, 04/24/2015 - 17:20
With oil prices sinking enough that drillers may soon see a more favorable tax rate, North Dakota lawmakers approved a new framework Friday that cuts the price-triggered exemption in exchange for a lower tax rate.
Categories: Business News

Germany's Deutsche Bank changes tack on Postbank unit as part of new strategy

Fri, 04/24/2015 - 17:12
Germany's Deutsche Bank AG says it plans to "deconsolidate" its Postbank retail banking unit, in which it has held a majority since 2010.
Categories: Business News

End of Comcast's takeover attempt of TWC; many moving parts in the cable industry remain

Fri, 04/24/2015 - 17:10
The Comcast-Time Warner Cable deal is off, but that doesn't mean that there aren't collisions ahead in the cable universe.
Categories: Business News

Marvell Technology says PC and storage weakness hurt its 1st-quarter revenue, and shares slide

Fri, 04/24/2015 - 16:35
Chipmaker Marvell Technology slashed its revenue forecasts Friday, saying weak results from the PC and storage markets and reduced demand from emerging markets are hurting its business.
Categories: Business News

Wolf's tax plan will tap money from all income levels, independent analysis says

Fri, 04/24/2015 - 16:02
Gov. Tom Wolf's sprawling package of tax changes he is seeking may not necessarily spare lower-income households, as his administration contends, the Legislature's fiscal analysis arm said this week.
Categories: Business News

Investigation by newspaper and TV station shows Ohio's background check system is unreliable

Fri, 04/24/2015 - 16:00
Ohio's computerized background check system has been flawed and unreliable for years, often failing to provide accurate information about convicted felons, according to an investigation by The Columbus Dispatch and WBNS-TV.
Categories: Business News

Midwest producers of pheasants for hunting are anxious as bird flu spreads in domestic poultry

Fri, 04/24/2015 - 15:58
Game bird producers in the Midwest are ramping up disease prevention measures in an effort to shield their multi-billion-dollar industry from the highly contagious avian influenza outbreak sweeping the region's poultry producers.
Categories: Business News

Elaine Wynn will not return to board of casino company she co-founded after shareholder vote

Fri, 04/24/2015 - 12:15
Elaine Wynn will not return to the board of the casino-hotel company she co-founded with ex-husband Steve Wynn based on preliminary results from a vote by shareholders.
Categories: Business News

Kurdish oil grows less attractive amid falling prices and rising threats

Fri, 04/24/2015 - 12:10
The hall for the Irbil Oil and Gas Exhibition this week was crowded with company displays, executives and investors.
Categories: Business News

The Comcast-TWC Merger Has Crumbled--What’s Next?

Fri, 04/24/2015 - 12:02
Comcast and Time Warner Cable scrapped their proposed merger Friday, balking at a fight with regulators over the $45.2 billion deal. So what's next?
Categories: Business News

FEMA pumps more than $6.9 billion into New Jersey to cover Superstorm Sandy damage

Fri, 04/24/2015 - 11:47
The Federal Emergency Management Agency says it has pumped more than $6.9 billion into New Jersey more than two years after Superstorm Sandy struck.
Categories: Business News

NY Gov. Cuomo announces $1B federal loan to boost commuter rail safety after fatal derailment

Fri, 04/24/2015 - 11:37
New York Gov. Andrew Cuomo says the Metropolitan Transportation Authority will receive a $1 billion federal loan to improve rail safety.
Categories: Business News

Fire officials: Boom-crane accident in New York City leaves man with life-threatening injuries

Fri, 04/24/2015 - 11:21
Fire officials say a boom-crane accident in midtown Manhattan has left a man with life-threatening injuries.
Categories: Business News

Harley-Davidson recalls nearly 46,000 motorcycles to fix problem with clutches

Fri, 04/24/2015 - 11:18
Harley-Davidson is recalling nearly 46,000 motorcycles in the U.S. because they could stay in gear due to clutches that won't fully disengage.
Categories: Business News

The Magic NASDAQ Record Number: 6,941

Fri, 04/24/2015 - 10:56
The Nasdaq has surpassed the psychologically important dotcom record, but it would have to rise another 36% to 6,941 to truly be in record territory, taking into consideration inflation and the drop in the value of the dollar since 2000.
Categories: Business News

Correction: Illinois Budget story

Fri, 04/24/2015 - 10:52
In a story April 23 and April 24 about Gov. Bruce Rauner's budget cuts, The Associated Press erroneously reported that Illinois community colleges spokesman Matthew Berry said the cuts would have an immediate impact on schools.
Categories: Business News

Audit: State paid prison guards $1.5M more in overtime, hiring freeze prompted by federal suit

Fri, 04/24/2015 - 10:48
The state paid its prison guards $1.5 million more in overtime than planned because of a hiring freeze prompted by a federal lawsuit over how correctional officers are hired, according to an audit.
Categories: Business News