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Business

You can blame the beeping economy for worst US traffic ever

WASHINGTON (AP) — More jobs and cheaper gasoline come with a big, honking downside: U.S. roads are more clogged than ever now that the recession is in the...


Business

As stock prices sink, ordinary Americans keep their heads up

WASHINGTON — Even as anxious investors send stock prices plunging, many Americans are sounding a rather different note: They’re staying calm and...


Business

Was this a flash crash? And other questions about Monday's swoon

NEW YORK — U.S. investors were jittery on Monday morning after fears of an economic slowdown had rocked markets around the world. Their concern was realized...


Business

Who loses most from chaos in China — and some possible silver

It’s still unclear what impact China’s falling stock market will have on the real American economy, but the worst will likely be felt in one state:...


Business

Best Buy tops estimates

Best Buy Co. Chief Executive Officer Hubert Joly is making good on the second part of his turnaround plan at the world’s largest electronics chain: revenue...




Business

Layton distillery seeks mini-bottle waiver

SALT LAKE CITY — State liquor bosses on Tuesday, Aug. 25, will consider granting special permission for a Layton brandy distillery to sell sample sizes of...


Business

Hong Kong can't escape the turmoil next door

Twelve months ago, it seemed Beijing’s retrograde politics would eventually sink Hong Kong’s exalted international reputation. Now China’s ailing...


Business

CFOs reap rewards with know-how beyond bean-counting

Ruth Porat has been on a tear since joining Google in May as its chief financial officer. The former Morgan Stanley CFO was cheered by investors after the...


Business

Selling frenzy grips markets as traders tally losses from rout

On Mirabaud Asia Ltd.‘s Hong Kong trading floor, stockbrokers sat in quiet disbelief. At Vunani Private Clients in Johannesburg, calls from worried investors...


Business

Inherited property and taxes

It can be confusing when property is inherited if is taxable. One very important measure the taxpayer must take when receiving inherited property is to have the...


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Sharp considering spin-off of LCD panel unit

TOKYO — Struggling electronics maker Sharp Corp. is considering selling off its mainstay liquid crystal display panel business, The Yomiuri Shimbun has...