NEW YORK (AP) — Americans picked up their spending from October to November as the unofficial holiday season kicked off. Retail sales rose 0.3 percent in November from October, when sales were down a revised 0.2 percent according to the Commerce Department’s latest report. Sales were expected to decline again in November due to myriad [...]
WASHINGTON (AP) — The Federal Reserve last week kept its key interest rate unchanged for a third straight time and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year. The Fed's message suggested that it is finished with rate hikes — after the fastest increases in four [...]
LOS ANGELES (AP) — M-I-C-K-E-Y will soon belong to you and me. With several asterisks, qualification and caveats, Mickey Mouse in his earliest form will be the leader of the band of characters, films and books that will become public domain as the year turns to 2024. In a moment many observers thought might never [...]
DOVER, Del. (AP) — Warren Buffett’s Berkshire Hathaway will not be allowed to use allegations that billionaire Jimmy Haslam tried to bribe employees at the Pilot truck stop chain to inflate the company’s value as Berkshire defends itself in a dispute over the company’s accounting practices, a Delaware judge said last week. The ruling came [...]
WASHINGTON (AP) — The Senate last week passed a defense policy bill that authorizes the biggest pay raise for military personnel in more than two decades. Lawmakers have been negotiating a final bill for months after each chamber passed strikingly different versions in July. A few of the priorities championed by some lawmakers were a [...]
ALEXANDRIA, Va. (AP) — Virginia Gov. Glenn Youngkin has reached a tentative agreement with the parent company of the NBA's Washington Wizards and NHL's Washington Capitals to move those teams from the District of Columbia to what he called a new "visionary sports and entertainment venue" in northern Virginia. The proposal, which would need the [...]
The legislative effort to promote the sale of high- ethanol fuel statewide has been resurrected by a pair of Republican lawmakers in the Ohio House of Representatives. Reps. Riordan McClain and Roy Klopfenstein recently introduced a bill to authorize a nonrefundable tax credit to gas stations for the sale of high-ethanol gasoline. “Despite the fact [...]
NEW YORK (AP) — Regulations are a double-edged sword. They're created to improve business dealings, discourage unfair or illegal business activity, and protect workers. For small business owners, however, they often mean more red tape, higher costs and possible penalties for failing to comply. "For a small business, you have a higher cost per employee [...]
DETROIT (AP) — Federal auto safety regulators say they have taken the first step toward requiring devices in vehicles that is designed to prevent drunk or impaired driving. The National Highway Traffic Safety Administration earlier this week announced that it is starting the process to put a new federal safety standard in place requiring the [...]