Business

Business

Why Apple and Ireland are finally starting to fall out of love

(c) 2017, Bloomberg. A gray afternoon in Dublin may have marked the point where Ireland and Apple truly started to fall out of love, at least publicly. Up until about 4:15 p.m. on Tuesday, it was impossible to place a cigarette paper between Ireland’s hip young prime minister Leo Varadkar and...


State

US rig count up by 8 this week to 923; Wyoming up 4

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by eight this week to 923. That’s up from the 593 rigs that were active a year ago. Houston oilfield services company Baker Hughes said Wednesday that 747 rigs sought oil and 176 explored for natural gas this...


Business

Emerson strikes out as Rockwell Automation rejects 3rd bid

(c) 2017, Bloomberg. Rockwell Automation spurned a third takeover offer from Emerson Electric, saying the sweetened bid of $29 billion doesn’t outweigh the risks in bringing together the factory-robot specialists. The proposed merger would stunt Rockwell’s growth and “create a company that is not...


Business

Analysis: FCC wants to relax one of broadcast media's biggest rules

(c) 2017, The Washington Post. Even as the Federal Communications Commission released a proposal Tuesday to give Internet providers more control over what their customers can see and use online, another equally major proposal by the agency could relax key rules for the media industry. The FCC said...


Business

Uber faces multiple European probes into hidden hacking attack

(c) 2017, Bloomberg. Uber Technologies faces at least three probes in Europe following revelations that the company kept quiet for more than a year after hackers stole vast amounts of personal data about customers and drivers. Italy’s data protection chief said on Wednesday his service opened a...


Business

What stores are open on Thanksgiving and Black Friday?

(c) 2017, The Washington Post. The turkey may still be brining, but this year’s holiday discounts have already begun. Kohl’s kicked off its turkey-day discounts on Monday, while Old Navy is offering 50 percent off everything beginning Wednesday. By the time Thanksgiving morning rolls around, nearly...


Business

Hyundai's Elantra: Light-years beyond 'cheap'

(c) 2017, The Washington Post. The Hyundai Elantra is no longer a cheap car in the traditional defamatory meaning of the term - inexpensive, poor materials, flimsily made. In the 2018 GT Sport hatchback version, driven for this column, it remains relatively affordable at the fully optioned price of...


Business

Consumer sentiment eases from highest level since 2004

(c) 2017, Bloomberg. Consumer sentiment cooled from a 13-year high in November while remaining at levels that signal Americans will open their wallets for holiday purchases, a University of Michigan survey showed Wednesday. - Sentiment index fell to 98.5 (est. 98) from 100.7 in Oct.; preliminary...


Business

Japanese ministry unveils draft rules against use of pilfered data

(c) 2017, The Japan News/Yomiuri. TOKYO - The Japanese Economy, Trade and Industry Ministry this week unveiled an interim report of an expert panel on new rules for the online use of data and other issues. The new rules will be centered on making it possible to file an injunction with a court...


Business

Mortgage rates level off ahead of Thanksgiving holiday

(c) 2017, The Washington Post. Mortgage rates barely moved heading into the Thanksgiving holiday. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 3.92 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of...


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