Business

Cities Prep for Oil Derailments

Friday, September 4, 2015

Mile-long trains carrying millions of gallons of crude have become a common sight in cities around the U.S., raising concern about the possibility of a catastrophic derailment near crowded neighborhoods or critical infrastructure. In the wake of a half-dozen fiery crashes this year, The Associated Press surveyed nearly a dozen cities with populations of more than 250,000 to gauge how prepared they are to respond to an oil-train derailment. Emergency …

U.S. Stock Markets Plummet; Dow Sinks Below Correction Threshold

Wednesday, September 2, 2015

New York — U.S. stocks plunged lower Tuesday, following the rest of the world’s markets down, as investors reacted to fresh news of China’s economic slowdown. The blue-chip Dow Jones industrial average dropped nearly 3 percent, falling 469.68 points, to 16,058.35, while the broad-based Standard & Poor’s 500 index fell 58.33, also about 3 percent, to 1,913.85. The sell-off of U.S. shares, which …

Obama Drives Climate to Forefront

Tuesday, September 1, 2015

Anchorage, Alaska — President Obama brought the power of the presidential pulpit to Alaska on Monday, aiming to thrust climate change to the forefront of the global agenda with a historic visit that will put the state’s liquefying glaciers and sinking villages on graphic display. During his three-day tour of Alaska, Obama planned to hike a glacier, converse with fishermen and tape a …

Self-Driving Vehicles to Debut on College Campuses

Sunday, August 23, 2015

This fall, students at Santa Clara University will have a new way to get around campus — a self-driving shuttle. The university has invited Auro Robotics to its palm tree-lined campus to test a prototype. The vehicle will …

Disease Causes Florida Orange Crop to Shrink

Sunday, August 23, 2015

Florida’s orange growers keep getting squeezed. After the state’s crop fell to the lowest in almost five decades, production will probably will drop further in the season starting Oct. 1 as a citrus-greening disease continues to wreak havoc for the U.S.’s biggest producer. Shrinking plantings come at a …

Money Talk: Despite Rudeness, Pay Doctor’s Bill

Sunday, August 23, 2015

Question: My primary care physician referred me to a gynecologist for a medical issue. I called the office three times and asked that the appointment be made as an annual exam. During the appointment, the doctor was rude and critical of my body and lifestyle. (I am obese.) …

How to Save Yourself When Market Turns Cruel

Sunday, August 23, 2015

The stock market has turned cruel, probably leaving you with losses in your 401(k), IRA and college savings. What should you do? If you want to know how far this downturn will go, be skeptical of any answer you receive. When a downturn is in motion, top analysts …

Drug Industry Links Run Deep In the Field of Sexual Medicine

Sunday, August 23, 2015

Washington — How do you measure sexual desire? If you’re a drugmaker trying to win approval for a medication to boost female libido, it might come down to two questions on a medical questionnaire. Those questions made the …

U.S. Factories Still Haven’t Recovered

Sunday, August 23, 2015

Washington — It took less than a year for America’s factory output to rebound from the 1991 recession. It took three and a half years to bounce back from the 2001 recession. Now, six years clear of the Great Recession, manufacturing output still hasn’t returned to the pre-crisis …

Average Used-Car Price Up 7.6% to Record High of $18,800

Sunday, August 23, 2015

Used cars are following the pricey road paved by new cars. Used-car prices hit a record high in the second quarter of 2015, climbing 7.6 percent year-over-year to an average of $18,800, according to a new study by car shopping site Edmunds.com. The price growth mirrors the average …

The Cautious Trump

Sunday, August 23, 2015

New York — Donald Trump sells himself as a bold empire builder, the kind of businessman who could force through big changes in Washington as president. Yet for all his bravado — “I’ve done an amazing job,” the …

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 …