Business

Latest

  • Buffett reflects on his firm’s success and strength

    OMAHA, Neb. (AP) — Investor Warren Buffett believes his company, Berkshire Hathaway, will continue to thrive for decades thanks to its vast and varied collection of “remarkable businesses” and investments, which will help it withstand…

  • Dallas-area ice forces cancellation of hundreds of flights

    DALLAS (AP) — Freezing rain that coated parts of Texas and Oklahoma on Saturday left highways slick and forced the cancellation of hundreds of flights at Dallas-Fort Worth International Airport. Transportation officials and the National…

  • Hyundai recalls 263,000 cars due to power-steering problem

    NEW YORK (AP) — Hyundai is recalling about 263,000 cars in the U.S. and Canada because a sensor problem could cause drivers to lose power-assisted steering. The company has not reported any injuries or accidents.…

  • China’s central bank cuts rates again to boost economy

    BEIJING (AP) — China’s central bank cut interest rates for the second time in three months on Saturday, adding to signs that the country’s leaders are worried the economic slowdown is deepening too sharply. The…

  • Price at the pump heading in wrong direction

    CHICAGO (AP) — Filling up at the pump is getting more painful by the day — but the average price is still over a dollar less than it was a year ago. According to Gas.Buddy.com,…

  • Berkshire Hathaway’s 4Q profit declines 17 percent

    OMAHA, Neb. (AP) — Berkshire Hathaway Inc.’s fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts. Warren Buffett’s company released its latest results Saturday along…

  • Striking Danish cabin crew forces SAS to cancel 30 flights.

    COPENHAGEN, Denmark (AP) — Scandinavian Airlines says some 30 flights out of Copenhagen have been canceled after members of a Danish cabin crew union walked out to protest the carrier’s plan to move 147 employees…

  • FairPoint more attractive to buyers with new labor pact

    PORTLAND, Maine (AP) — FairPoint Communications said it needed to bring costs and benefits into sync with competitors in the telecommunications industry. By doing just that in a new labor pact, the company has made…

  • India’s new budget aims to boost growth and infrastructure

    NEW DELHI (AP) — India’s finance minister announced the government’s new budget on Saturday, promising a slew of measures that attempt to balance welfare spending with high economic growth and infrastructure development, while vowing to…

  • 5 things to know about Estonia’s parliamentary election

    TALLINN, Estonia (AP) — Estonia’s center-right government is being challenged by a party that draws its support from the Baltic country’s Russian minority. Here are five things to know about Estonia’s parliamentary vote on Sunday:…

  • AP News in Brief at 5:58 a.m. EST

    Russian opposition figure Boris Nemtsov shot to death; government calls it a provocation MOSCOW (AP) — A few hours after going on the radio to denounce President Vladimir Putin’s policies as mad, charismatic opposition leader…

  • China’s famed Shaolin temple plans big project in Australia

    BEIJING (AP) — China’s Shaolin Temple, historically known for its martial arts traditions but which recently has gained a reputation for aggressive commercialization, is planning to build a $297 million complex in Australia that would…

  • Spock’s ears: A pointy trademark for Leonard Nimoy

    LOS ANGELES (AP) — Leonard Nimoy, who died Friday at age 83, likely had the most famous lobes in Hollywood. As the logical half-human, half-alien Mr. Spock in “Star Trek,” his pointy Vulcan appendages became…

  • Annoyance arises from gov’t error on health care tax forms

    WASHINGTON (AP) — It’s not uncommon to feel some trepidation around tax-filing season. But there’s an added hassle this year for nearly a million consumers who got financial help with health insurance premiums under President…

  • Former players put trust in The Trust

    NEW YORK (AP) — Approaching the end of his dozen seasons as an NFL quarterback, Charlie Batch felt comfortable about moving on to another career. He’s a rarity. Batch, other players, their union and the…