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  • Investors crave Shake Shack: IPO prices above expected range

    NEW YORK (AP) — Investors apparently have a craving for a better burger. Hamburger chain Shake Shack Inc. has priced its initial public stock offering at $21 per share, above its proposed range of $17…

  • Tourism booming at Kentucky bourbon distilleries

    LOUISVILLE, Ky. (AP) — Tourism is booming along with production at Kentucky’s bourbon distilleries. Along the Kentucky Bourbon Trail — featuring such venerable brands as Jim Beam, Wild Turkey, Four Roses and Maker’s Mark among…

  • Amazon’s big spending pays off in 4th quarter

    NEW YORK (AP) — It was a Prime quarter for Amazon. Amazon surprised investors on Thursday with a fourth-quarter profit that soundly beat expectations, despite a continued increase in spending and a slight sales miss,…

  • Business Highlights

    ___ For traders, oil’s plunge takes a toll on egos and accounts NEW YORK (AP) — The plunge in oil has crushed the Russian ruble, erased $80 billion from Exxon Mobil’s market value and pushed…

  • Smartphone Snapshot: Samsung getting squeezed

    SAN FRANCISCO (AP) — The runaway success of Apple’s newest iPhone has fueled a dramatic shift in the global market: the California tech giant is now neck-and-neck with South Korea’s Samsung for the title of…

  • Strong earnings and job news give stocks a lift

    After a shaky start, U.S. stocks rebounded Thursday, snapping a two-day losing streak. Investors welcomed better-than-expected quarterly results from several companies, including Ford, Coach and Harley-Davidson. Homebuilder stocks surged. Even energy stocks, which were down…

  • WALL STREET JOURNAL-BEST SELLERS

    Best-Selling Books Week Ended Jan. 25th. FICTION 1. “The Girl on the Train” by Paula Hawkins (Riverhead) 2. “Diary of a Wimpy Kid: The Long Haul” by Jeff Kinney (Amulet Books) 3. “All the Light…

  • McDonald’s new CEO faces onslaught of competition

    NEW YORK (AP) — McDonald’s new boss must feel like a freshly crowned king under siege. The world’s biggest hamburger chain is facing an onslaught of competition, from better-burger chains like Five Guys to brands…

  • Panel recommending changes to military health care, benefits

    WASHINGTON (AP) — Top U.S. leaders and members of Congress reacted cautiously Thursday to the recommendations of an independent panel to change the military’s retirement and health care systems. The proposals, which would save more…

  • Hard Rock gets preliminary OK to enter New Jersey market

    ATLANTIC CITY, N.J. (AP) — The company that has populated the globe with Hard Rock casinos and restaurants received preliminary approval to enter the Atlantic City casino market. And although the approval does not yet…

  • Timberland sever ties with A.P.C. for using “N-word”

    PARIS (AP) — Capping the Paris fashion season with a dose of controversy, French menswear company APC apologized for using a racist slur in a show last week — prompting collaborator, shoe giant Timberland, to…

  • Casino union protests Taj Mahal cuts outside Icahn office

    Atlantic City casino workers demonstrated outside the New York City offices of billionaire investor Carl Icahn on Thursday to protest the elimination of benefits at a casino he is poised to acquire. Local 54 of…

  • Decoding the jargon of mutual funds: a look from A to E

    NEW YORK (AP) — Few industries slip into jargon as much as the investing world. As quickly as you can give your shoe size, mutual fund managers can rattle off their “active share” or “duration.”…

  • Last-ditch foreclosure hearings draw many Detroit homeowners

    DETROIT (AP) — Hundreds of Detroit homeowners in danger of losing their properties flocked Thursday to hearings that offered a last-ditch chance to avoid foreclosure and to keep the houses from adding to the city’s…

  • US colleges seek economic diversity in students from China

    NEW HAVEN, Conn. (AP) — Widely regarded overseas as places only for children of the rich and powerful, top American universities like Yale and Harvard are increasing efforts to attract the best international students, regardless…