RV industry shows more signs of recovery
2013-12-03 21:47:50 UTC
LOUISVILLE, Ky. (AP) — RV manufacturers expect to pass another milestone in their steady recovery from the recession that landed the industry in a deep ditch.
Led by sales growth for towable RVs and pricier stand-alone motor homes, recreational...
Stocks slip as shopping season has a weak start
2013-12-03 21:44:39 UTC
NEW YORK (AP) — Stocks are closing lower on Wall Street as investors worry about weak consumer spending as the holiday shopping season gets underway.
The Dow Jones industrial average lost 94 points, or 0.6 percent, to close at 15,914 Tuesday.
Stocks mixed on disappointing holiday sales
2013-12-02 19:54:20 UTC
NEW YORK (AP) — Shoppers spent less over the Thanksgiving weekend and that is weighing on stocks.
Shoppers turned out in record numbers over the four-day Thanksgiving weekend, but they spent less than they did last year. It was the first declin...
Gov't diagnosis: HealthCare.gov on the mend
2013-12-02 08:49:57 UTC
WASHINGTON (AP) — Computer crashes should be giving way to insurance coverage — if the government's diagnosis of its health care website is correct.
The Health and Human Services Department released a progress report Sunday on its effort get th...
Stocks rise as Black Friday shopping push unfolds
2013-11-29 17:36:46 UTC
NEW YORK (AP) — Retailers led stocks higher in holiday-shortened trading Friday, putting the market on track for another strong month.
Retailers were among the leading gainers as the busiest shopping day of the year, Black Friday, got underway....
Oil edges up in thin post-holiday trade
2013-11-30 08:14:42 UTC
NEW YORK (AP) — Oil remained below $93 a barrel Friday, in light trading a day after the Thanksgiving holiday in the U.S.
For the week, oil fell by $2.32 a barrel.
At the gas pump, the average price of a gallon of gasoline is $3.28. That's u...
Shoppers head out for Black Thursday
2013-11-29 07:32:24 UTC
Black Thursday officially took over.
The holiday shopping season kicked off much earlier this year, as at least a dozen national retail chains from Macy's to Gap to Target opened their stores on Thanksgiving Day. The holiday openings came despi...
Stocks up after Iran nuke deal; Nasdaq tops 4,000
2013-11-25 19:20:41 UTC
NEW YORK (AP) — The stock market edged higher Monday, and the Nasdaq briefly rose above 4,000, after the U.S. and other world powers reached a deal to limit Iran's nuclear program.
Sunday's deal with Iran was the first significant progress in y...
Boeing advises about engine icing problems
2013-11-23 21:40:26 UTC
WASHINGTON (AP) — Boeing is alerting airlines about possible engine icing problems on some of its new planes. It is recommending that planes with a specific General Electric engine avoid flying near thunderstorms that might contain ice crystals.
To spin or not to spin: Does Microsoft need Xbox?
2013-11-22 09:48:09 UTC
LOS ANGELES (AP) — Microsoft Chairman Bill Gates donned a cool leather jacket when he first introduced the Xbox onstage in 2000. More than a decade later, the video game console is still the hippest brand in Microsoft's portfolio. But as the compa...
Loud cellphone talkers next bane of air travelers?
2013-11-22 09:45:58 UTC
NEW YORK (AP) — Airline passengers have already been stripped of their legroom, hot meals and personal space. Now, they might also lose their silence.
The Federal Communications Commission is considering lifting its longtime prohibition on maki...
Jury orders Samsung to pay Apple $290 million
2013-11-22 09:41:00 UTC
SAN JOSE, Calif. (AP) — A Silicon Valley jury on Thursday added $290 million more to the damages Samsung Electronics owes Apple for copying vital iPhone and iPad features, bringing the total amount the South Korean technology titan is on the hook ...
Forevermark Reveals Iconic Image for New Diamond Collection
2013-11-21 20:04:12 UTC
Forevermark developed an iconic image, which will be used in national advertising campaigns in print and online, to target affluent consumers and introduce the Forevermark Exceptional Diamond Collection.
The iconic image (pictured) was created...
Worries of a Fed pullback sends stocks lower
2013-11-21 08:01:05 UTC
NEW YORK (AP) — The latest news from the Federal Reserve spooked investors Wednesday.
Stock and bond prices fell after minutes from the Fed's latest meeting showed that the U.S. economy was improving steadily enough to warrant a reduction in st...
JPMorgan $13B deal may not end bank's legal woes
2013-11-20 09:42:32 UTC
WASHINGTON (AP) — The $13 billion settlement that JPMorgan Chase agreed to Tuesday is the largest ever between the Justice Department and a corporation. Yet it isn't likely the end of the bank's legal troubles over the risky mortgage securities it...
Small NH coffee producer prevails over Starbucks
2013-11-19 00:56:07 UTC
TUFTONBORO, N.H. (AP) — A small New Hampshire coffee producer that operates out of a barn has prevailed in a trademark infringement case brought by Starbucks over a blend called "Charbucks."
"We're just a mom-and-pop little roastery," said Anni...
Geithner to join private equity firm
2013-11-17 09:34:02 UTC
Former U.S. Treasury Secretary Timothy Geithner, who played a central role in the government's response to the financial crisis of 2008-2009, is joining private equity firm Warburg Pincus LLC.
The firm announced Saturday that Geithner will serv...
Safe-play stocks lead market to latest records
2013-11-14 21:37:37 UTC
NEW YORK (AP) — The stock market is closing at another record high, but the gains were driven mostly by stocks that investors buy when they want to avoid risk.
The biggest gainers were safe-play stocks like power companies, banks and health car...
Boeing machinists reject contract proposal
2013-11-14 06:25:42 UTC
SEATTLE (AP) — Boeing machinists in the Northwest rejected a contentious contract proposal Wednesday that would have exchanged concessions for decades of secure jobs.
The International Association of Machinists District 751 announced Wednesday ...
Samsung says it owes Apple $52 million
2013-11-14 06:14:32 UTC
SAN JOSE, Calif. (AP) — How much does Samsung Electronics owe Apple for copying vital features of the iPhone and iPad?
Apple says $380 million. Samsung counters with $52 million.
It's possible a jury presiding over a patent trial in a San Jo...
Stocks edge higher on Wall Street
2013-11-11 18:20:16 UTC
NEW YORK (AP) — The Dow Jones industrial average held at a record high on Wall Street Monday.
The market continued its climb from Friday, when it got a lift from an unexpectedly strong U.S. jobs report. Stocks have surged to record highs this y...
Luxury jewelers, Cartier, Van Cleef & Arpels Open at Americana Manhasset
2013-11-09 11:47:26 UTC
IBEX Construction completed the Van Cleef & Arpels and Cartier boutiques at the Americana Manhasset Mall on Long Island, New York in time for the luxury jewelers to open ahead of the Christmas season. Callison designed the two new jewelry boutique...
Stocks sink on Fed worries, but Twitter surges
2013-11-08 07:46:13 UTC
NEW YORK (AP) — Twitter popped, but the rest of the market dropped.
Twitter wowed investors with a 73 percent surge on its first day of trading Thursday. The broader market, however, had its worst day since August as traders worried that the Fe...
Stocks slip; US growth raises fear of Fed pullback
2013-11-07 17:12:24 UTC
NEW YORK (AP) — Stocks are pulling back from record levels as investors bet that faster growth in the U.S. would increase the likelihood that the Federal Reserve will curtail its economic stimulus program.
The U.S. economy expanded at an annual...
Twitter surges in opening trade on NYSE
2013-11-07 22:37:30 UTC
NEW YORK (AP) — Shares of Twitter went on sale to the public for the first time Thursday, instantly leaping more than 70 percent above their offering price in a dazzling debut that exceeded even Wall Street's lofty hopes for the most anticipated i...