Business | page 16


WEDNESDAY, JAN. 13, 2016

Chipotle readies for ‘unprecedented’ marketing push after food safety crisis

Chipotle is preparing to make an “unprecedented” marketing push to bring back customers after E. coli, salmonella and norovirus were linked to illnesses at its restaurants. The Denver-based company also said its financial results will be “messy” this year as it recovers from the food safety crisis, but that it is “extremely confident” that it will eventually get its customers back. The stock, which has lost nearly half its value since the outbreaks surfaced, jumped nearly 6 percent Wednesday.

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Fed says economy expanded in 9 of 12 U.S. districts

WASHINGTON – The Federal Reserve says the economy expanded across most of the United States in December and early January. The Fed says in its latest snapshot of the economy that most of its 12 regional bank reported steady growth. The Atlanta and San Francisco banks described growth as “moderate.” The Philadelphia, Cleveland, Richmond, Chicago, St. Louis, Minneapolis and Dallas banks called the economy’s expansion “modest.”

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General Electric to move headquarters from Connecticut to Boston

HARTFORD, Conn. – General Electric announced Tuesday it will move its headquarters to Boston, leaving the sprawling suburban Connecticut campus it has called home over the past four decades for a technology-rich city it says better fits its ambitions as an innovation leader. Chairman and CEO Jeff Immelt said GE, one of the best-known companies in corporate America, wanted to be “at the center of an ecosystem that shares our aspirations.”

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TUESDAY, JAN. 12, 2016

A man surfs Internet on his laptop at a Starbucks cafe in Beijing.

Starbucks to help pay for workers’ housing in China

The move is the latest in a series of benefits that Seattle-based Starbucks has been extending to big swaths of its workforce in different markets – from subsidized college tuition and pay raises in the United States, to loans for rent deposits in the United Kingdom.

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Horizon to add Amicus in credit union merger

Horizon Credit Union is folding small Amicus Federal Credit Union into its growing network of Spokane-area locations. The deal is expected to close this spring or summer after the two credit union boards approve the merger. Horizon has about 65,000 ...

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Carhartt to open retail store in downtown Spokane 

Carhartt Inc. will open a downtown Spokane retail store in the historic Bennett Block building at the corner of Main and Howard. The company, known for making outdoor work clothes, will move into the building owned by Dru Hieber later this year.

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MONDAY, JAN. 11, 2016

Federal Reserve sends $97.7 billion in profits to Treasury

WASHINGTON – The Federal Reserve said Monday it sent a record $97.7 billion in profits to the U.S. Treasury as the central bank’s vast holdings of mortgage-backed securities and other investments continued to produce a bumper crop of interest income. On top of that, the Fed said it sent an additional $19.3 billion from a capital surplus account to help fund federal infrastructure projects under a controversial provision Congress included in a five-year highway bill in December.

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Montana looks at partial approval for wilderness area mine

BILLINGS – Montana officials are considering giving only partial approval to a $500 million silver and copper mine proposed beneath a wilderness area near the Idaho border, injecting uncertainty into a project that’s been in the works for more than a decade. Regulators have continuing concerns with the Montanore Mine’s potential effect on surrounding waterways, said Tom Livers, director of the Montana Department of Environmental Quality.

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The 2017 Chrysler Pacifica minivan is unveiled at the North American International Auto Show on Monday in Detroit. (Tony Ding / Fr143848 Ap)

With SUV look, tech touches, Chrysler aims to revive minivan

DETROIT – Thirty-three years ago, Chrysler invented the minivan. Now, it’s reinventing it – with styling reminiscent of an SUV, high-tech features and a first hybrid version that Chrysler hopes will make minivans popular again. The 2017 Chrysler Pacifica was unveiled Monday morning at the North American International Auto Show in Detroit.

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Asian elephants belonging to Ringling Bros. and Barnum & Bailey Circus are led from their enclosure Friday to a rehearsal at the American Airlines Arena in Miami.

Ringling circus elephants will be retired early

ST. PETERSBURG, Fla. – The Ringling Bros. and Barnum & Bailey Circus is ending its elephant acts a year and a half early, and will retire all of its touring elephants in May. The move comes amid increasing scrutiny of circus elephant acts, with local governments passing “anti-circus” and “anti-elephant” ordinances in response to concerns over animal cruelty.

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SUNDAY, JAN. 10, 2016

BBB Tip of the Week: Lumosity's Deception 

The Federal Trade Commission has reached a settlement with the online brain training program "Lumosity" for allegedly deceiving consumers with unfounded scientific claims. The complaint from the FTC claims that the advertisements stating that Lumosity's games help with work and ...

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