Business | page 3

MONDAY, SEPT. 26, 2016

Charles Walgreen, 80; drugstore CEO led growth

Charles Walgreen III, who expanded his grandfather’s drugstore chain into an $18 billion-a-year company by 1999 when he stepped down as chairman, has died. He was 80. He died Sept. 26 at his home in Lake Forest, Illinois, according to ...

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SUNDAY, SEPT. 25, 2016

Business Beat

Have an item for Business Beat? Send it to Research Associates, Inc. has hired Kathryn Burk-Hise as a research architectural historian in the Spokane office. Burk-Hise has nearly a decade of experience in the nonprofit and private consulting fields ...

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The Motley Fool: Microsoft's Plans Are Paying Off

The Motley Fool Take Microsoft (Nasdaq: MSFT) is undergoing big changes that include becoming a major player in cloud computing. In its recently reported fourth quarter, Microsoft's intelligent cloud segment sales increased 10 percent in constant currency to $6.7 billion and helped offset headwinds from a slowing PC business, resulting in overall year-over-year companywide revenue growth of 5 percent.

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FRIDAY, SEPT. 23, 2016

Facebook’s secret way of counting video views was wrong all along

For years, Facebook has celebrated – boasted, even – about how quickly video advertisements were taking off on the social network. Then, a month ago, the company found something that has let some of the air out of that balloon: an algorithm it was using to tally up how much video people are actually watching was wrong. While Facebook said it was measuring the total time people spent watching a video divided by the number who played it, the firm found out that it was actually only logging the people who had viewed a video for three seconds or more. That could have inflated viewing numbers by as much as 60 to 80 percent, according to a Thursday report from the Wall Street Journal. And while Facebook says that it did not affect billing for those advertisers, the Journal reported that some ad buyers are very upset, having based their purchasing decisions on the network’s high numbers.

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Salesforce, Google may be interested in buying Twitter

Shares of Twitter Inc. surged Friday after reports that the social media company could receive a formal bid soon. Citing unnamed sources, CNBC reported that Twitter has received “expressions of interest” from several tech companies and was “engaged in conversations with potential suitors.”

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In this Thursday still image from video, a test drone making a UPS delivery lands on Children’s Island in Marblehead, Mass. UPS partnered with robot-maker CyPhy Works to fly the drone on a programmed route for 3 miles over the Atlantic Ocean to make the delivery. (Rodrique Ngowi / Associated Press)

UPS tests drones for urgent deliveries

The day when a UPS package could be delivered by drone is one step closer. UPS this week began testing drone delivery of urgent packages to remote locations – a niche where drones could play a unique role.

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Stock rally fizzles as traders waver after euphoria; oil tumbles

The rally in global equities sputtered as traders grew more skeptical about the efficacy of central bank stimulus amid mixed economic data. Oil tumbled. Stocks halted a four-day advance as Apple Inc. dragged down the S&P 500 Index on speculation of lower iPhone 7 sales outside the U.S. Oil sank after Saudi Arabia was said to dismiss the prospects for an output deal to stabilize the market in talks next week. Longer-dated Treasuries posted their best week since July as markets readjusted their view to a slower pace of rate hikes by the Federal Reserve. The dollar rose against major peers, while the pound slid as British foreign secretary Boris Johnson boosted concern that the U.K. is heading for a swift exit from the European Union.

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The Dirt

Here's the dirt

See the latest new construction, business openings and closures and progress on ongoing projects here.


Conservative paper endorses Clinton

A major Arizona newspaper is receiving death threats after endorsing Democratic nominee Hillary ClintonHillary Rodham ClintonTrump shouldn't mess with Miss UniversePelosi sees 'makings of a wave' of Dem House victories ...

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