Stories tagged: economy
Thu., Sept. 8, 2016, 11:12 a.m.
Equity fund buys majority stake in Jimmy John’s
CHICAGO – Jimmy John’s Sandwiches said Thursday it sold a majority stake to an affiliate of Atlanta-based private equity group Roark Capital Group. Terms of the deal were not disclosed. …
Thu., Sept. 8, 2016, 11:07 a.m.
Wal-Mart: Coke display stacked like twin towers removed
Wal-Mart says a display of Coke cans stacked to look like the World Trade Center has been removed from a Florida store, and was not meant to be disrespectful near …
Wed., Sept. 7, 2016, 6:06 p.m.
Pending oil pipeline ruling prompts beefed up police presence
North Dakota authorities are recruiting law enforcement officers from across the state to guard the site of a protest in anticipation of an impending federal ruling on whether to block …
Wed., Sept. 7, 2016, 5:41 p.m.
Cars.com spinning off on its own
Cars.com is spinning off on its own as a publicly traded company.
Wed., Sept. 7, 2016, 3:28 p.m.
Britain’s economy is stable – and people are surprised
Fear of an economic meltdown was the biggest weapon in the campaign to stop Britain from leaving the European Union.
Wed., Sept. 7, 2016, 2:49 p.m.
Stock indexes mixed; Nasdaq ekes out another record high
Even on a day when the major U.S. stock indexes barely budged, the market notched another milestone. The Nasdaq composite eked out a gain, pushing the tech-heavy index to its …
Wed., Sept. 7, 2016, 2:41 p.m.
U.S. growth weakened slightly this summer, Fed report shows
The economy grew at a moderate or modest pace this summer in eight of the Federal Reserve’s 12 U.S. districts, a slowdown from previous reports that may make Fed policymakers …
Wed., Sept. 7, 2016, 2:39 p.m.
HP Enterprise spins off software businesses in $8.8B deal
Hewlett Packard Enterprise Co. will spin off software units in an $8.8 billion deal that it says will help it focus on faster-growing businesses.
Wed., Sept. 7, 2016, 11:49 a.m.
Deny Vancouver Energy oil terminal, state official urges
Arguing that the proposed Vancouver Energy oil terminal creates “unprecedented and unacceptable” risks to the environment and Washington residents, Assistant Attorney General Matthew Kernutt in his closing brief recommended that …
Wed., Sept. 7, 2016, 11:33 a.m.
PayPal, Mastercard expand partnership
PayPal and Mastercard signed a deal Tuesday that aims to make it easier for PayPal users to pay with a Mastercard.
Tue., Sept. 6, 2016, 2:26 p.m.
Judge grants short work stop on 4-state oil pipeline
A federal judge has granted the Standing Rock Sioux tribe’s request to temporarily stop work on some, but not all of a portion of the $3.8 billion Dakota Access Pipeline …
Tue., Sept. 6, 2016, 11:54 a.m.
European proposal to ban American lobsters to move forward
An arm of the European Union says there’s enough scientific evidence to move forward with a review of Sweden’s request to declare the American lobster an invasive species.
Tue., Sept. 6, 2016, 11:28 a.m.
New York attorney general investigates EpiPen manufacturer
New York’s attorney general says his office is investigating Mylan Pharmaceuticals, which has been criticized for steep price increases for its emergency allergy treatment EpiPen.
Mon., Sept. 5, 2016, 1:59 p.m.
General Motors settles 2 bellwether ignition switch cases
General Motors Co. has settled two cases related to its defective ignition switches.
Mon., Sept. 5, 2016, 1:52 p.m.
Ailing Korean shipper Hanjin moves to resolve cargo chaos
Moving to unsnarl the chaos in its container cargo after it filed for bankruptcy protection, Hanjin Shipping Co. will seek stay orders in dozens of countries, the Financial Services Commission …
Mon., Sept. 5, 2016, 12:59 p.m.
U.S. holiday keeps a lid on European markets
European stock markets closed a tad lower Monday following mixed economic data. Trading activity was dented by the Labor Day holiday in the U.S.
Mon., Sept. 5, 2016, 12:28 p.m.
Protesters block Calais roads seeking migrant camp closure
Truckers, farmers, dockers and merchants angry at the disruption caused by thousands of migrants in their midst in the northern French city of Calais blocked the main access route to …
Mon., Sept. 5, 2016, 12:11 p.m.
Eurozone economy ‘losing momentum’ as Germany falters
The 19-country eurozone lost some economic momentum in August, largely because of a slowdown in Germany, a closely watched survey showed Monday, days ahead of another possible stimulus package from …
Mon., Sept. 5, 2016, 12:07 p.m.
China promises cooperation on steel at global summit
China agreed to cooperate more closely with its trading partners on its politically volatile steel exports as leaders of major economies ended a summit Monday with a forceful endorsement of …
Sun., Sept. 4, 2016, 6:43 a.m.
G-20 economic summit opens amid sluggish growth, trade disputes
Chinese President Xi Jinping called Sunday for leaders of the United States, Germany and other major economies to resist pressure to raise trade barriers as they opened a summit amid …
Sun., Sept. 4, 2016
Spokane County employment nearly back to pre-recession levels
With Labor Day upon us, here are some indicators of the state of labor in Spokane County.
Fri., Sept. 2, 2016, 5:25 p.m.
U.S. factory orders up 1.9 percent in July, best in 9 months
Orders to U.S. factories increased in July by the largest amount in nine months, propelled by a big jump in demand for commercial aircraft. The key category that tracks business …
Fri., Sept. 2, 2016, 4:41 p.m.
Hewlett Packard Enterprise may sell software business for $10 billion
The tech pioneer that was Hewlett-Packard may be on the brink of becoming an even smaller shadow of its former self.
Fri., Sept. 2, 2016, 4:03 p.m.
Retailers scramble as shipper bankruptcy puts goods in limbo
Some major retailers are scrambling to work out contingency plans to get their merchandise to stores as the bankruptcy of the Hanjin shipping line has thrown ports and retailers around …
Fri., Sept. 2, 2016, 3:57 p.m.
U.S. trade deficit fell in July
The U.S. trade deficit fell in July as imports declined slightly and exports rose to the highest level in 10 months, a possible sign that global demand for American products …
Fri., Sept. 2, 2016, 12:55 p.m.
Slower hiring in August signals Fed rate hike less likely
After two months of blockbuster gains, U.S. employers slowed their hiring in August to a modest increase of 151,000, reducing the likelihood that the Federal Reserve will raise interest rates …
Fri., Sept. 2, 2016, 11:09 a.m.
Stocks rise as tepid jobs report stokes hopes for low rates
U.S. stocks are rising Friday as a slowdown in hiring last month raised investors’ hopes that the Federal Reserve may wait even longer before raising interest rates. Energy companies made …
Thu., Sept. 1, 2016, 3:41 p.m.
U.S. auto sales fall 4 percent in August
U.S. sales of new cars and trucks fell in August, ending summer on a low note for the auto industry and making it less likely that this year’s auto sales …
Thu., Sept. 1, 2016, 1:12 p.m.
No six-month stopgap for Democrats, Senate minority leader insists
Senate Minority Leader Harry Reid confirmed Thursday that Democrats this month will oppose any stopgap spending bill that would punt current government funding and policies into 2017, a strategy favored …
Thu., Sept. 1, 2016, 12:38 p.m.
$12M-plus settlement reached in minimum wage cases
Several companies that provide transportation and hospitality services at or near Seattle-Tacoma International Airport have agreed to settle back-pay lawsuits alleging that they ignored the nation’s first $15-per-hour minimum wage …