Monday, December 22, 2014

Business

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NEWARK, N.J. (AP) - Federal prosecutors in New Jersey say a former partner of a prominent New York law firm and her husband engaged in a conspiracy to obtain millions of dollars through fraudulent activity.
PITTSBURGH (AP) - A landslide, wastewater spill and other issues at a southwestern Pennsylvania natural gas drilling site are resulting in a $1 million fine.
The Street: Analyst Brian Wieser told TheStreet that Twitter has set itself up for failure in emphasizing its appeal to "everyone" while investors are voicing concern about the social network's slowing audience growth rate. Twitter may be telling Wall Street that it has universal appeal, but its numbers are saying something else entirely.
WILKES-BARRE, Pa. (AP) - State environmental officials in Pennsylvania have announced an $800,000 settlement with a gas pipeline company for what officials said was failure to keep sediment from running into streams in northern Pennsylvania during construction of a pipeline in 2011 and 2012.
The Street: Holiday gift giving is growing, but we still find it hard to get it right. YouGov.com surveyed adults to determine their spousal gift intentions – and then asked what men and women wanted to receive themselves. Perhaps not surprisingly, the answers were vastly different.
OMAHA, Neb. (AP) - When American freight trains delivered cargo after World War II, the steam-belching beasts commonly had seven people aboard - an engineer, a conductor, up to four brakemen and a fireman.
MILAN (AP) - Italy's antitrust authority has fined travel planning website TripAdvisor 500,000 euros ($600,000) following complaints of improper business practices lodged by a national hoteliers' association and a consumer protection agency.
WILMINGTON, Del. (AP) - Trump Entertainment Resorts says a new $20 million pledge by billionaire investor Carl Icahn will give it time to restructure while keeping the struggling Taj Mahal casino open.
NEW YORK (AP) - This holiday season, it's almost as simple to shop on the other side of the world as it is to buy from a store down the block.
SCRANTON, Pa. (AP) - Federal regulators say a northeast Pennsylvania chimney supply company continued to violate safety regulations after accidents in which some employees lost fingers.
Economics in a nutshell: “The housing market may still be improving, but it is doing so with two steps forward and one back.”
NEW YORK (AP) - This year showed how sheltered the U.S. economy is from geopolitical and health crises around the world. The global economy sputtered, but the U.S. powered ahead. Employers are finally hiring enough to lower unemployment. A plunge in gas prices and a rising stock market has Americans feeling richer and spending a bit more.
NEW YORK (AP) - BMW has agreed to demands from the government to replace driver's-side air bags across the entire U.S.
NEW YORK (AP) - This holiday season, it's almost as simple to shop on the other side of the world as it is to buy from a store down the block.
NEW YORK (AP) - Caesar's Entertainment will buy an affiliate as it tries to smooth the reorganization of a struggling division and balance its debt load.
MINSK, Belarus (AP) - As relations between Russia and the West have sunk to their lowest point since the Cold War, there's one country that's reaping rewards - Belarus, whose authoritarian leader was once dubbed "Europe's last dictator" by the United States and the European Union.
SEOUL, South Korea (AP) - South Korea lowered its growth forecast for next year, citing persistently weak sentiment among consumers and businesses. But the government predicted that overall economic conditions will improve from this year thanks to government measures, recovery in the U.S. economy and the fall in oil prices.
NEW YORK (AP) - While Hollywood continued to wrestle with the fallout of the Sony hacking scandal, the weekend box office offered the solace of a moviegoing truism: Hobbits sell.
NEW YORK (AP) - Dish Network subscribers were unable to watch Fox News Channel and the Fox Business Network on Sunday when the channels were taken down as part of contract negotiations.
Who's responsible when a delivery goes awry? That's been an issue for some luckless consumers at least since the days when Sears, Roebuck & Co. pioneered mail order a century ago, and likely for clients of the Pony Express before that. Recently, it has gained urgency from the growth of delivery-dependent Internet commerce. One day, it may even be an issue when Amazon's drones target the wrong front stoop for a package drop.

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