Business
Almost 300,000 New Jobs in December
American employers added a robust 292,000 jobs in December, suggesting the U.S. economy is so far defying global weakness and growing solidly.
Kraft-Heinz Deal Part of Record Year for Mergers
Companies around the world spent a record $5.04 trillion on acquisitions in 2015, according to Dealogic, as slow worldwide economic growth and low interest rates pushed companies to combine forces.
Why You Should Consider Freezing Your Credit Reports
Freeze your credit reports before you get burned. That's the message from security experts, consumer advocates and some state Attorneys General. They say more people should consider a credit freeze as a way to block identity thieves from opening new credit cards and other accounts in your name. They recommend a freeze even if your identity hasn't been stolen.
Small Businesses in Limbo as Congress Debates Tax Break
Small business owners are on edge as they wait to see if Congress will approve a big increase in the tax break they get to buy new equipment.
Yahoo Up on Report of Possible Sale of Internet Business
Shares of Yahoo are up sharply on a report that the company will discuss the sale of its Internet business. The Wall Street Journal reported late earlier this month that the board of Yahoo Inc. is meeting to talk about what shape the company will take going forward. The article, citing anonymous sources, says private equity firms are among those looking at Yahoo's websites.
Toyota Harbors Big Ambitions for "Partner Robot" Business
TOKYO — Toyota Motor Corp. is harboring big ambitions to become a significant player in the growing market for robots that help the elderly and other people get around in everyday life.
Genetically Modified Salmon OK'd for Human Consumption in U.S.
WASHINGTON— The Food and Drug Administration this month approved genetically modified salmon, the first such altered animal allowed for human consumption in the United States.
Oil prices end November on a high note
NEW YORK, (UPI) -- A market return by U.S. holiday-goers and anticipation over OPEC's meeting at the end of the week pushed crude oil prices higher on the last day of November.
Sony's Playstation 4 passes 30 million units sold worldwide
TOKYO, (UPI) -- Sony Computer Entertainment Inc. announced that their Playstation 4 gaming console has surpassed 30 million units sold worldwide.
Chevrolet Volt wins 'Green Car of the Year' at LA Auto Show
LOS ANGELES (AP) — An auto industry magazine has named the 2016 Chevrolet Volt its "Green Car of the Year."
Nationwide Crackdown against Abusive Debt Collectors Initiated
Washington, D.C. — Illinois Attorney General Lisa Madigan last week joined with the Federal Trade Commission and other law enforcement authorities around the country to announce the first coordinated federal-state enforcement initiative targeting deceptive and abusive debt collection practices.
Ex-Mcdonald's CEO Joins Board of Vegan Firm
Former McDonald's CEO Don Thompson is flipping a new type of burger—one made without meat.
SEC Adopts Rules to Permit Crowdfunding
The Securities and Exchange Commission last month adopted final rules to permit companies to offer and sell securities through crowdfunding. The Commission also voted to propose amendments to existing Securities Act rules to facilitate intrastate and regional securities offerings. The new rules and proposed amendments are designed to assist smaller companies with capital formation and provide investors with additional protections.
Tribune Parent Offers to Finance Media Firm in Chapter 11
The owner of the Chicago Tribune and the Los Angeles Times offered last week to loan $3 million to the bankrupt owner of a rival Southern California newspaper, a move that could set the stage for a bidding war. Chicago-based Tribune Publishing told a federal bankruptcy judge it's willing to loan Freedom Communications the money for day-to-day operations, with the money counting in any bid Tribune might make for Freedom's assets.
