Business

Economy Is Steaming Along in U.S.

Thursday, August 27, 2015

Washington — A funny thing happened while the world financial markets shuddered in panic this week. A range of indicators about the U.S. economy, the world’s largest, showed a recovery that’s continuing to gain steam. Even as stocks whipsawed, data on housing, consumer confidence, the labor market and economic growth all showed the economy flexing its growing muscle. The latest data came Thursday when the Bureau of Economic Analysis said …

Secrets Routinely Sent by Email

Thursday, August 27, 2015

Washington — The transmission of now-classified information across Hillary Clinton’s private email is consistent with a State Department culture in which diplomats routinely sent secret material on unsecured email during the past two administrations, according to documents reviewed by The Associated Press. Clinton’s use of a home server makes her case unique and has become an issue in her front-running campaign for the …

CEOs Make 200 Times More Than Workers

Wednesday, August 26, 2015

Earlier this month, the Securities and Exchange Commission approved a rule that will require companies, starting in 2017, to disclose a simple calculation: At what multiple is the chief executives’ compensation vs. the median-compensated worker. It’s a concept many in Corporate America have loved to hate ever since it was first included in the Dodd-Frank financial reform law back in 2010. For one, …

Subway’s Latest Challenge: Getting out From Jared’s Shadow

Sunday, August 23, 2015

New York — Subway benefited hugely from Jared Fogle’s weight loss story. Now the sandwich chain needs to figure out how to prevent him from overshadowing its future. It’s not clear how customers will react to Fogle’s plans …

EPA Knew of ‘Blowout’ Risk At Gold Mine

Sunday, August 23, 2015

Washington — U.S. officials knew of the potential for a catastrophic “blowout” of toxic wastewater from an inactive gold mine, yet appeared to have only a cursory plan to deal with such an event when government contractors triggered …

Theater in Hanover Bans Large Bags

Saturday, August 22, 2015

Hanover — A security measure enacted last week at the Nugget Theaters, motivated in part by recent cinema attacks in Louisiana and Tennessee, requires moviegoers to leave backpacks and large handbags at the box office. “In the interest of customer safety, due to recent events at other cinemas,” …

Stocks Have Worst Week Since 2011

Saturday, August 22, 2015

A worldwide sell-off pushed U.S. stocks to their worst week since 2011 as spooked investors scattered amid worries of an economic slowdown in China and the potential for higher interest rates at home. The Dow Jones industrial average capped a four-day losing streak by dropping more than 500 …

Study Questions Early Cancer Intervention

Friday, August 21, 2015

Aggressive interventions to treat the earliest, “stage 0” breast cancers have no effect on whether a woman is still alive a decade later, according to a massive new study that tracked the trajectories of more than 100,000 women. The study, published in the journal JAMA Oncology on Thursday, …

Afraid You’ll Outlive Your Nest Egg?

Sunday, August 16, 2015

Washington — We once thought of retirement as a time to relax, play golf and maybe travel — to finally have a little fun. For some, that will still be the case. For others, the thought of retirement brings anxiety: They’re worried that they’ll run out of money. …

Consumer Confidential: Millionaire CEOs Should Support a Living Wage for Fast-Food Workers

Sunday, August 16, 2015

Business leaders have every right to voice concerns about a $15-an-hour minimum wage. Anything that could cut into profits is a legitimate worry for companies. But the spectacle of millionaire CEOs opposing a living wage for their workers serves only to highlight the obscene income gap between those …

Social Security Q&A: Avoid Retirement Lines by Filing Online

Sunday, August 16, 2015

Question: Is it true 10,000 people a day are retiring? What’s the easiest way to avoid the crowds? Answer: Yes. As the baby boomers reach their retirement years, Social Security is handling about 10,000 claims each day. You can avoid the crowds by filing online. You can complete …

At the Hospitals: Aug. 16, 2015

Sunday, August 16, 2015

Gifford Medical Center Earns Energy Star Certification Randolph — Gifford Medical Center has earned the U.S. Environmental Protection Agency’s Energy Star certification. The certification signifies that the building meets strict energy efficiency performance levels set by the EPA …

Money Talk: Why Credit Score Keeps Changing

Sunday, August 16, 2015

Question: My Discover card started including a complimentary credit score with my statement. My first report was 840. Each month since has been lower. Two months ago it was 812 and the last one was 800. I have not applied for any new loans, cards or other credit. …