Business

Jobless Claims Up by 4,000

The U.S. Labor Department said first-time jobless benefits claims rose by 4,000 to 352,000 in the week that ended last Saturday.


Apple Stock Briefly Drops Below $400

Apple's high-flying stock dropped below $400 a share on Wednesday over a potential drop in profits.


AmEx Profit Boosted by Consumer Spending

Consumers used their American Express charge cards to boost company profits by 1.9 percent over a year earlier, to $1.3 billion in the first quarter, the company said Wednesday.


US Retail Sales Slip Week to Week

U.S. retail receipts dropped 1.1 percent in the week ending Saturday, a U.S. trade group said.


McDonald's Franchises Frustrated by Value Deals

McDonald's franchise operators in the United States are frustrated with mandates from headquarters to push low-margin "value menu" sales, a survey found.


Fresh & Easy Owner Pulls Out Amid Slow Profits

U.K. retailer Tesco will pull out of the U.S. as part of a refocus on its British operations, the company announced Wednesday as it posted annual figures showing a 13 percent drop in profits to $5.27 billion.


Calif. Employers Are Eager for Immigration Reform

Central Valley farmers, Southern California bankers and Silicon Valley executives all say reform can't come quickly enough.


Texas Begs for Mexican Water

Local officials hope a plea to the International Boundary and Water Commission and State Department to press Mexico for water will not fall on deaf ears south of the Rio Grande.


FBI and IRS Raid Pilot/Flying J Headquarters

Federal investigators raided the Pilot/Flying J headquarters this week in Tennessee.


Yahoo Earnings Down, Profits Up in Q1

Yahoo reported lower revenue Tuesday for the first quarter, but cost-cutting by CEO Marissa Mayer sent profits up.


American Airlines Offers Reorganization Plan

AMR Corp., parent of American Airlines, plans to pay creditors $7.6 billion in stock payments as it comes out of Chapter 11 and merges with US Airways.


Japan Wants in on Colossal Trade Deal

Japanese Prime Minister Abe said his country 'cannot be left behind' by an opening world economy as he defended the decision to join negotiations to form the Trans-Pacific Trading Partnership.


Investors Are Spooked by US Economy

Growing fears over the US economy unnerved investors yesterday, despite bumper profits from banking giants JP Morgan Chase and Wells Fargo.


Nonprofit: Will a New Logo Raise Money?

Will a new logo raise money? Will it attract new donors and volunteers? Can it transform your nonprofit's relationship to the community?


Working From Home: Efficient, or Corporate Suicide?

First, it was Yahoo! CEO Marissa Mayer, the corporate mommy who built a private nursery next to her office, then banned employees from working from home.


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