U.S. airlines eager to fly to Cuba
Related: The promise for American businesses if Cuba sanctions are lifted – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All…
Month: January 2015
Duke University’s decision to sound Muslim call to prayer riles some
The call will last three minutes and will be only “moderately amplified,” the school said. Duke, which got its start in the late 19th century with help from the Methodist…
‘In Dog We Trust’ soils sheriff’s office rugs
It was supposed to read “In God We Trust.” A deputy standing in the lobby spotted the error on Wednesday, according to CNN affiliate WFTS. The Sheriff’s Office told WFTS…
Texas: The boom-and-bust oil capital of America
Walker, now co-owner of oilfield services company Frontier Services, learned to keep cash on hand and avoid loading up on debt to pay for equipment. “I may have to get…
Sleepy Switzerland jolts currency markets
The ECB is widely expected to announce stimulus measures on January 22. That will flood the market with euros, making it difficult for the Swiss to defend a fixed exchange…
Forget actors — LA is full of wannabe Mark Zuckerbergs
“What it was like to start my company in ’98 compared to now, it’s night and day,” said Gil Elbaz, an entrepreneur and investor. “Even in the last five years,…
Caesars unit files for bankruptcy
In its 2013 annual report the group said the extent of its debt problems would require the company to “ultimately seek a restructuring, amendment, or refinancing of our debt.” –…
States where taxes hit the poor hardest
“No-income-tax states like Washington, Texas and Florida do, in fact, have average-to-low taxes overall. However, they are far from ‘low-tax’ for poor families,” the report notes. In Illinois, there is…
5 things to know for your New Day — Thursday, January 15, 2015
CAPITOL ATTACK PLOT Lone wolf: An Ohio man has been arrested for allegedly plotting to attack the U.S. Capitol. Christopher Lee Cornell, 20, came to the FBI’s attention several months…
Unemployed Ohio man allegedly planned bomb-and-shoot attack on U.S. Capitol
On Wednesday, agents arrested the man from Cincinnati, Ohio, who ostensibly tweeted under the name Raheel Mahrus Ubaydah, before he could put his alleged plot into action. It was simple,…
5 Yemeni Gitmo detainees transferred; 122 remain
It is believed to be the first time either country has accepted Guantanamo Bay transfers. – The transfer is part of the White House’s ongoing effort to close the Guantanamo…
More victims of cheap oil: Schlumberger cuts 9,000 jobs
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar:…
IRS will do fewer tax audits this year
Related: 10 audit red flags The commissioner’s big concern: fewer audits will mean the agency will collect less of the money owed. He estimated that the IRS has been unable…
Despite condemnations, brisk sales for Charlie Hebdo
Related: Charlie Hebdo sells for hundreds of dollars on eBay The cover of this week’s issue, a depiction of a tearful Prophet Mohammed holding a “Je Suis Charlie” sign, has…
Xiaomi’s new phone wants to be an iPhone killer
Other products launched Thursday included headphones, and a tiny set top box. The privately-owned company is known in China for its cheap phones and ardent fans. The devices — which…
Pope Francis set for huge Philippines welcome amid calls for change
On street corners, in malls, on public transport, it’s impossible not to feel the presence of the Pope. Giant billboards with an official red and blue “pope logo” adorn many…
Southwest hit with $1.6 million fine for stranding passengers on tarmac
JetBlue (JBLU) passengers who were trapped on the tarmac for many hours got national attention after an ice storm caused long delays at New York’s John F. Kennedy Airport in…
Blockbuster ‘Lego Movie’ snubbed by Oscars
The films that were nominated over “Lego Movie” were “Big Hero 6,” “The Boxtrolls,” “How to Train Your Dragon 2,” “Song of the Sea,” and “The Tale of The Princess…
Warning: Bond rates are going negative
Switzerland isn’t alone in going negative. The yield on short-term government bonds of Belgium, Denmark, France, Germany, Japan, and the Netherlands are all sub-zero. Even short duration U.S. bond rates…
Oklahoma execution of Charles Frederick Warner now up to Supreme Court
Charles Frederick Warner, who was convicted in 2003 for the first-degree rape and murder of his then-girlfriend’s 11-month-old daughter in summer 1997, is scheduled to be executed Thursday at 6…
Elon Musk’s Hyperloop dream lives on
In California, the tube could be built above ground, roughly following the Interstate 5 highway between L.A. and S.F. The entire thing would be powered by solar panels mounted on…
Welcoming the Successor of Peter to the Philippines
This week Pope Francis will set foot on Philippine soil. His pastoral visit is the fourth time our country will be graced by the presence of the Successor of Peter….
Uncle Si’s Iced Tea maker sues Duck Commander
Under the terms of its agreements, Duck Commander was supposed to do photo shoots, media interviews, special appearances and planned meetings to promote the tea. But the lawsuit says that…
Restaurant wish list: 15 global eateries we’re dying to try in 2015
Here are some restaurant openings and events we can’t wait to experience, as well as a few classics worth revisiting. Santina (New York) The Mario Carbone, Jeff Zalaznick and Rich…
Elon Musk donates $10 million to back his fight against killer robots and computers
Related: Musk warns against unleashing AI ‘demon’ – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Another woman steps forward to accuse Cosby of sexual assault
On Wednesday, Chloe Goins, now 24, told her story to investigating officers of the Los Angeles Police Department. More than 20 women have come forward with claims of sexual assault…
Uniqlo owner promises to clean up its factories
“Respecting human rights and ensuring appropriate working conditions for the workers of our production partners are top priorities for Fast Retailing, and in this we are completely aligned with SACOM,”…
Woe Canada! Many U.S. retailers fail up north
Antony Karabus, CEO of HRC Advisory, a retail consulting firm in Toronto, said some of these American retail chains expanded too aggressively. In some cases, there just simply wasn’t a…
RNC censures fellow Republican
RNC sets 2016 presidential convention date “Dave Agema’s history of harmful and offensive rhetoric has no place in our party, which is why the RNC Executive Committee acted in the…
Box office duds threaten Oscar ratings
A lack of known popular films was arguably one of the reasons the Academy expanded the Best Picture field from 5 to a possible 10 nominated films in 2009. –…