Business

Latest

  • Gold, silver

    The August gold contract on the New York Mercantile Exchange closed today at $1090.70 an ounce — up $1.30. The current silver contract on the “NYMEX” closed at $14.55 an ounce — up 3 cents.

  • Crude rises

    Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose 57 cents — closing at $45.74 a barrel.

  • Capitol Hemp reopens in Adams Morgan

    WASHINGTON — The days of code words and ambiguity are over at Capitol Hemp. The popular shop in Adams Morgan reopened Monday in light of D.C. voters’ approval of Initiative 71 last fall. Initiative 71…

  • Netflix to make Asian debut with Sept. 2 launch in Japan

    SAN FRANCISCO (AP) — Netflix will expand into Japan next month to give the Internet video service its first presence in Asia. Japanese subscribers will be able to start watching Netflix on Internet-connected devices beginning…

  • Philanthropist, GOP powerbroker Elsie Hillman dies at 89

    PITTSBURGH (AP) — Elsie Hillman, a philanthropist and political activist who helped propel moderate Republicans to state and national offices, died Tuesday. She was 89. Her death was confirmed by her husband of 70 years,…

  • Large explosion rocks southeast Missouri aluminum plant

    MARSTON, Mo. (AP) — A massive explosion rocked a southeast Missouri aluminum plant Tuesday, injuring some workers and creating a plume of smoke that could be seen for miles. The explosion and fire occurred around…

  • Grain mostly higher and livestock mostly higher

    CHICAGO (AP) — Grain futures were mostly higher Tuesday on the Chicago Board of Trade. Wheat for September delivery was off 5.50 cents to $4.9350 a bushel; December corn was up 2.25 cents to 3.7875…

  • Maker of hacked radio says system is unique to Fiat Chrysler

    DETROIT (AP) — The company that makes car radios that friendly hackers exploited to take control of a Jeep Cherokee says its other infotainment systems don’t have the same security flaw. Harman International CEO Dinesh…

  • Apple slump deepens on iPhone, China concerns

    SAN FRANCISCO (AP) — Apple is slumping as the usually high-flying tech stock struggles with the burden of raised expectations. The world’s most valuable public company saw its stock price drop for a fifth straight…

  • Venezuela ruling party games Twitter for political gain

    CARACAS, Venezuela (AP) — Venezuelan President Nicolas Maduro’s approval ratings may be languishing below 30 percent, but on Twitter he’s as popular as Pope Francis — or so it would seem. The socialist South American…

  • Court says chipmaker Marvell owes CMU $278M, not $1.54B

    NEW YORK (AP) — A federal appeals court reduced a judgment against chipmaker Marvell Technology by more than $1.25 billion, but still says the company owes Carnegie Mellon University $278 million for patent infringement. Judge…

  • Debate illustrates power of Fox News in GOP campaign

    NEW YORK (AP) — Iowa and New Hampshire are still on the horizon — but first there’s the Fox primary, and the buildup to this week’s first Republican presidential debate shows that the influence of…

  • Tax filing problems could jeopardize health law aid for 1.8M

    WASHINGTON (AP) — About 1.8 million households that got financial help for health insurance under President Barack Obama’s law now have issues with their tax returns that could jeopardize their subsidies next year. Administration officials…

  • US stocks move lower as earnings disappoint; Allstate slumps

    NEW YORK (AP) — U.S. stocks moved between small gains and losses on Tuesday as investors assessed company earnings reports and deal news. KEEPING SCORE: The Standard & Poor’s 500 index dropped four points, or…

  • FDA lays out extra steps to clean scopes linked to outbreaks

    WASHINGTON (AP) — Federal health officials laid out extra safety measures that hospitals can take to clean specialized medical scopes that have been linked to sometimes deadly bacterial outbreaks across the U.S. However, Food and…