Business

Zinke, House GOP escalate feud with Patagonia over monuments

National Monuments Interior

Interior Secretary Ryan Zinke and House Republicans have escalated their feud with Patagonia after...

Business

The GOP has some real chutzpah

(c) 2017, The Washington Post. The Republicans call the legislation that they’re rushing through Congress the Tax Cuts and Jobs Act. If truth in labeling rules applied to legislation, however, it would be called the Chutzpah Act, Part I. And the “welfare reform” legislation Republicans say they...


Business

GOP leaders finalize tax bill amid uncertainty in Senate

Congress Taxes

WASHINGTON (AP) — Congressional Republicans were set to unveil their sweeping tax package Friday amid uncertainty about whether they have the votes to pass it in the Senate and deliver to President Donald Trump his first major legislative victory. Sen. Marco Rubio, R-Fla., was a potential holdout....


Business

Some Subway owners not so happy with return of $4.99 sandwich promotion

(c) 2017, The Washington Post. There’s no question that Subway is an American success story - not just for the corporation but for small businesses. According to the company’s website, there are more than 21,000 franchise-small business owners who run approximately 44,000 Subway shops in more than...


Business

US stocks move broadly higher in early trading; oil rising

Financial Markets Wall Street

U.S. stocks moved broadly higher in early trading Friday, erasing modest losses from the day before. Banks, health care companies and consumer products makers were among the biggest gainers. Investors weighed the latest batch of company earnings news. They also kept an eye on Washington, where GOP...


Business

Costco rises as results display big-box retailer's resiliency

(c) 2017, Bloomberg. Costco is reinforcing Wall Street’s sentiment that the big-box retailer is equipped to thrive in an e-commerce era. The company’s shares rose in early trading after first-quarter earnings beat analysts’ estimates. Profit is only part of the story, though: Chief Financial...


Business

Correction: Fatal Shooting-Herbicide Dispute story

BLYTHEVILLE, Ark. (AP) — In a story Dec. 14 about a second-degree murder trial involving farmers in Arkansas, The Associated Press erroneously reported that the herbicide dicamba was made by Monsanto. Monsanto is one of several companies that make dicamba, but it does not sell its product in...


Business

Billionaire Wiese's hold on Steinhoff weakens amid scandal

(c) 2017, Bloomberg. Christo Wiese’s grip on his global furniture retailing empire is slipping after the South African billionaire resigned from the board of troubled Steinhoff International Holdings and creditors forced a sale of part of his stake. Wiese stepped down from his role as chairman to...


Business

Oracle falls most in 3 months as cloud sales drag on turnaround

(c) 2017, Bloomberg. Oracle Corp. fell the most in three months after reporting cloud-computing sales that missed some analysts’ estimates, a setback in the company’s effort to remake itself around internet-based products. Cloud revenue in the period ended Nov. 30 gained 44 percent to $1.52 billion,...


Business

Top oil buyers seek chemistry in love affair with U.S. crude

(c) 2017, Bloomberg. The world’s biggest oil buyers are getting pickier about their American crude purchases. Asian refiners are discovering that the quality of cargoes varies, leading to fluctuations in the type of fuels they can produce. The shale boom and the end of a U.S. oil-export ban have...


Business

German SPD heads back exploratory talks on Merkel coalition

(c) 2017, Bloomberg. Leaders of Germany’s Social Democratic Party agreed to start talks with Chancellor Angela Merkel on a possible government alliance that would clear the way for her fourth term. The SPD’s decision on Friday to begin exploratory talks moves Merkel a decisive step closer to a new...


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