Business
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.
Showing Less Skin: Playboy to Stop Running Nude Photos
LOS ANGELES (AP) — For generations, teenage boys got their first look at a naked woman from Playboy, often from a copy swiped from Dad's sock drawer or filched from a newsstand.
Seaway Bank Parts Ways with CEO
The Board of Directors of Seaway Bank and Trust Company announced the departure of President and CEO Darrell B. Jackson this week.
DuSable Museum of African American History Names Perri L. Irmer President and CEO
The DuSable Museum of African American History has a new President and CEO. The board of trustees has selected Perri L. Irmer, an attorney, architect, public policy advocate and facilities management professional with a broad range of experience in executive management, construction and fundraising.
