Wednesday, May 6, 2015

Business

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FACEBOOK-OCULUS/RIFT:Oculus to sell virtual reality headsets for consumers from early 2016
LONDON (AP) - A British financial trader accused of helping to set off a "flash crash" on Wall Street in 2010 from his London home claimed Wednesday he was just good at his job as he fights extradition to the U.S.
NEW YORK (AP) - Take a product on a home shopping channel and sell out in a matter of minutes- it's the dream of many entrepreneurs.
WASHINGTON (AP) - Bill Lewis was under more pressure than most new hires when he began a job in information technology last year in Monroe, Connecticut. Jobless for a year, he had eight weeks to persuade his employer to keep him and pay his salary.
ATLANTIC CITY, N.J. (AP) - Four Atlantic City casinos have forfeited more than $12,000 won by underage gamblers.
MINSK, Belarus (AP) - Under a new measure in Belarus, people who work less than half the year will have to pay the government for their idleness.
Panera Bread Co. is now part of an ever more crowded club of companies pledging to remove artificial ingredients from their food.
The Street: Think you can better troubleshoot your problem independently? You're in luck, because patients soon will be able to draw on their own suspicions and order blood tests from Labcorp, as it attempts to expand its offerings, according to Bloomberg.
LONDON (AP) - British-based drugmaker GlaxoSmithKline opted Wednesday to keep its stake in its stand-alone HIV business as it set out its strategy following a big deal with Switzerland's Novartis.
The city is moving to purchase a portion of the Reading Viaduct in anticipation of the development of an elevated park there. Councilman Mark Squilla...
The Street: Even industry supporters admit that the business still has plenty of creepy, sleazy sales tactics. But - just maybe - now may be the time to take a fresh look at partial ownership of a vacation property. Buyers are in the driver’s seat.
WASHINGTON (AP) - A State Department assistant secretary said Wednesday it's "not acceptable" for any agency employee to conduct government business on a private email server as former Secretary of State Hillary Rodham Clinton did.
NEW YORK (AP) - Shares of cancer drug developer Adaptimmune are falling after the British company's initial public offering raised $191.3 million.
When it comes to lining up financial aid for college, earlier is definitely better.
NEW YORK (AP) - Take a product on a home shopping channel and sell out in a matter of minutes- it's the dream of many entrepreneurs.
NEW YORK (AP) - U.S. stocks fell broadly in noon trading Wednesday after the release of weak U.S. economic reports. Yields on U.S government bond yields rose to their highest level in two months and oil prices continued to climb. Seven of the 10 industry sectors of the Standard and Poor's 500 index were lower, led by telecommunications companies.
ATHENS, Greece (AP) - Cash-strapped Greece scraped together a 200 million-euro ($222 million) repayment to the International Monetary Fund on Wednesday amid signs its long-stalled bailout negotiations were making some progress.
HOOVER DAM, Nev.-Ariz. Border (AP) - Daimler officials rolled out their truck of the future Tuesday night, a driverless big rig that negotiated some very tight turns - but with a driver.
DOVER, Del. (AP) - A Delaware judge is considering Duke Energy's request for a six-month halt of a shareholder lawsuit prompted by a massive coal ash spill in North Carolina while the company tries to resolve related lawsuits and finalize a $102 million settlement of a federal criminal investigation.
Here's a clever way to secure a parking spot on Philadelphia's congested streets and help save the planet, too.
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