RSS Business Heds Index

  • Asian shares mixed as US government shutdown threat looms January 19, 2018
    HONG KONG (AP) — Asian stock markets were uneven and the dollar fell on Friday following Wall Street's retreat as the threat of a U.S. federal government shutdown loomed on the weekend. KEEPING SCORE: Japan's benchmark Nikkei 225 climbed 0.3 percent to 23,836.84 and South Korea's Kospi was flat at 2,517.19. Hong Kong's Hang Seng […]
    By KELVIN CHAN, AP Business Writer
  • Convicted ex-coal CEO woos working class, opening Senate bid January 19, 2018
    LOGAN, W.Va. (AP) — A former coal company CEO who went to prison for charges stemming from the deadliest U.S. mine disaster in decades kicked off his U.S. Senate campaigning Thursday, seeking to persuade a largely working class audience that he identified with them. But one father present whose son died in the 2010 tragedy […]
    By JOHN RABY, Associated Press
  • IBM reports first revenue growth since 2012 January 19, 2018
    NEW YORK (AP) — IBM reported its first quarter of revenue growth in more than five years as the company ramps up its cloud computing business and looks for new opportunities from its investments in artificial intelligence. "Over the past several years we have invested aggressively in technology and our people to reposition IBM," James […]
  • Amazon's potential HQ2 sites leaves many cities disappointed January 18, 2018
    Amazon's move to whittle its list for a second headquarters leaves more than 200 municipalities disappointed. Here are statements from some of the places that didn't make the tech giant's cut to 20 contenders: ___ DETROIT "We would have loved to have made it into the next round for Amazon's second headquarters but everyone here […]
    By The Associated Press
  • Buses carrying tech workers targeted outside San Francisco January 18, 2018
    SAN FRANCISCO (AP) — Six shuttle buses transporting Apple and Google employees were deliberately targeted by vandals who broke the windows with unknown objects while traveling on a highway south of San Francisco, authorities said Thursday. Four Apple charter buses and one Google bus were attacked Tuesday during the morning and evening commutes along a […]
    By OLGA R. RODRIGUEZ, Associated Press
  • American Express posts $1.2 billion loss due to new tax law January 18, 2018
    NEW YORK (AP) — Credit card company American Express posted a $1.2 billion loss in its latest quarter after booking large one-time charges related to the new tax law. The company also announced it would suspend its share buy-back program for six months to rebuild its capital following the charge. American Express Co. said Thursday […]
    By KEN SWEET, AP Business Writer
  • Report links hacking campaign to Lebanese security agency January 18, 2018
    LONDON (AP) — A major hacking operation tied to one of the most powerful security and intelligence agencies in Lebanon has been exposed after careless spies left hundreds of gigabytes of intercepted data exposed to the open internet, according to a report published Thursday. Mobile security firm Lookout, Inc. and the Electronic Frontier Foundation, a […]
    By RAPHAEL SATTER, AP Cybersecurity Writer
  • Business Highlights January 18, 2018
    ___ Amazon narrows list to 20 for its second headquarters NEW YORK (AP) — Amazon has narrowed its search for a second headquarters city to 20 locations, concentrated mostly in the East and the Midwest. Toronto made the list as well Tuesday, keeping the company's international options open. Other contenders include: Boston; New York; Washington, […]
    By The Associated Press
  • Priciest listing of the week is historic $7.5M Cap Hill estate January 18, 2018
    There are homes that have a long history in Seattle, and then there are homes like the Eckstein Estate.
    By Zosha Millman, SeattlePI
  • How major US stock indexes fared on Thursday January 18, 2018
    Stocks closed slightly lower Thursday, pulling the market below the record highs it set the day before. Losses in industrial and energy stocks contributed the most to the modest declines. Technology companies accounted for the biggest gains. Bond yields climbed to their highest level since March as demand for bonds waned. On Thursday: The Standard […]
    By The Associated Press