Business


FRIDAY, FEB. 5, 2016

Card dealer Wei Li, center left, deals a game of blackjack to patrons Wednesday at Twin River Casino, in Lincoln, R.I. (Steven Senne / Associated Press)

Tattoos, martial arts and poker? Casinos wooing millennials

BOSTON – Casinos worried that millennials aren’t getting into traditional gambling like their parents and grandparents are bringing in tattoo studios, mixed martial arts competitions and other offbeat attractions to attract a younger clientele. In New England, where a regional casino war is afoot, Connecticut’s Foxwoods is remaking one of its gambling floors – now christened “The Fox” – as a hip, fun scene in the sprawling 30-year-old casino complex.

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Mattel, Hasbro looking into merging operations, reports say

LOS ANGELES – Mattel Inc. and Hasbro Inc. may be looking for a bigger toy box. The two toy manufacturers have held talks about merging their businesses, according to Bloomberg News, which cited people familiar with the matter. Hasbro approached Mattel late last year, and talks have continued sporadically.

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Avista boosts 3Q stock dividend 

Avista Corp.'s board of directors has increased the company’s quarterly dividend to 34.25 cents per share on common stock, officials announced Friday. The increase of 1.25 cents per share represents a 3.8 percent increase, for an annual dividend of $1.37 per share.

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Stocks lose more ground as jobs report disappoints

The Dow Jones industrial average fell 211.75 points, or 1.3 percent, to 16,204.83. The Standard & Poor’s 500 index lost 35.43 points, or 1.9 percent, to 1,880.02 and the Nasdaq composite dropped 146.41 points, or 3.3 percent, to 4,363.14.

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Ronald Madarasz, center, works with fellow traders on the floor of the New York Stock Exchange on Friday. 1 (Richard Drew / Associated Press)

What’s ahead for volatile stocks?

If the No. 2 officer of the U.S. central bank isn’t sure what’s around the corner with regard to the factors buffeting stock prices – namely sharply lower oil prices, China’s troubles, volatile financial markets and uncertainty about the Fed’s upcoming actions – it’s tough for average investors to find much clarity.

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U.S. consumer borrowing up in December

WASHINGTON – U.S. consumers increased their borrowing at the fastest pace in three months in December. The result signals that consumer spending should remain strong in coming months. The Federal Reserve says borrowing expanded $21.3 billion in December, the strongest ...

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In this December  2015 photo, shoppers carry their shopping bags as they leave the Aeropostale clothing store in New York’s Times Square. (Mark Lennihan / Associated Press)

Jobs report helps ease concerns a recession might be nearing

U.S. manufacturing is shrinking, corporate profits are declining and goods are piling up on warehouse shelves. Those trends have elevated concern that a U.S. recession may loom in the next year or two. Yet in the one area that matters most, the economy has continued to shine: hiring.

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Amazon job postings signal plans to scale up bookstore business

A bevy of recent highly specialized job postings suggests Amazon.com is indeed laying the foundation for a brick-and-mortar bookstore business whose ambitions extend well beyond the University Village location it opened in November. That, or Amazon’s sole bookstore will have the most overqualified staff ever seen in a small bookshop.

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Apple now accepting your banged-up iPhone

NEW YORK – Apple for the first time is accepting banged up iPhones as a trade-in from people wanting to upgrade. Until now, Apple offered credit to iPhone owners only if the device had an intact screen and working buttons. ...

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In this Jan. 27, 2016, photo, Angelo Falcone, left, is interviewed by Eric Larkee for a bartender job at a job fair held by The Genuine Hospitality Group, in Miami. (Lynne Sladky / Associated Press)

U.S. economy adds just 151,000 jobs in January

WASHINGTON – Job growth in the U.S. slowed sharply last month, the latest in recent signs of economic weakening amid turbulent global financial markets, lower corporate profits and a contracting manufacturing sector at home. The government said Friday that employers ...

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US exports fell in 2015 for first time since recession

The U.S. trade deficit rose in December as American exports fell for a third straight month, reflecting the pressures of a stronger dollar and spreading global weakness. Those factors contributed to the first annual drop in U.S. export sales since the Great Recession shrank global trade six years ago.

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