Business

Business

Cohen is said to jar investors with lockup as long as three years

(c) 2017, Bloomberg. (Bloomberg) -- With just three weeks until regulators permit billionaire Steve Cohen to resume taking investor money, his new hedge fund plans are making some potential clients wary. The terms being discussed for Cohen’s new fund -- which he could launch as soon as Jan. 1, when...


Business

AP PHOTOS: Poverty and addiction grip Los Angeles' Skid Row

Homeless Crisis on the Coast Photo Gallery

LOS ANGELES (AP) — The Skid Row area of downtown Los Angeles is home to thousands of chronically homeless people. Each one has a different story about how they ended up in this center of abject poverty, where drugs rule the streets night and day. “It’s miserable quitting, or trying — trying...


Business

In troubled times, the president's D. C. hotel is a refuge for his fans

(c) 2017, The Washington Post. WASHINGTON - In the lobby of the Trump International Hotel, three blocks from the White House, Suzzanne Monk was wearing a home-made Santa hat embroidered with the words “Make America Great Again.” Tuesday night. A Republican was ahead in Alabama. The crowd was upbeat....


Business

Financial Markets Glance

Dow Jones Industrials High: 24,666.02 Low: 24,518.30 Close: 24,585.43 Change: +80.63 Other Indexes Standard&Poors 500 Index: 2662.85 —1.26 NYSE Index: 12,699.48 +1.70 Nasdaq Composite Index: 6875.80 +13.48 NYSE Amer Composite: 2560.70 —1.69 Russell 2000 Index: 1524.44 +8.33 Wilshire 5000 TotalMkt:...


State

BC-ID--Intermountain Grain & Livestock, ID

POCATELLO, Idaho (AP) — Idaho Farm Bureau Intermountain Grain and Livestock Report Wednesday, December 13, 2017. Bids subject to change. BLACKFOOT __ soft white 3.55, up 5; hard red winter 4.45, up 5; DNS 5.70, up 10; hard white 4.65, up 5; BURLEY __ soft white 3.52, up 3; hard red winter 3.95, up...


Business

Federal Reserve raises interest rates as US economy powers ahead

(c) 2017, The Washington Post. WASHINGTON - The Federal Reserve lifted its benchmark interest rate on Wednesday by a quarter point to a range of 1.25 to 1.5 percent, a widely expected move that the central bank said is happening because America’s economy continues to improve. This is the fifth rate...


National

Addiction, mental illness complicate help for the homeless

APTOPIX Homeless Crisis on the Coast Toughest Cases

EVERETT, Wash. (AP) — This is the lesson that the working-class city of Everett has learned: It takes a community to rescue the hardcore homeless. It takes teams of outreach workers — building relationships with men and women struggling with addiction or untreated mental illness, prodding them to...


Business

Addiction, mental illness complicate help for the homeless

Homeless Crisis on the Coast Toughest Cases

EVERETT, Wash. (AP) — This is the lesson that the working-class city of Everett has learned: It takes a community to rescue the hardcore homeless. It takes teams of outreach workers — building relationships with men and women struggling with addiction or untreated mental illness, prodding them to...


Business

T-Mobile is becoming a cable company

(c) 2017, The Washington Post. Back in 2015, we said T-Mobile was basically becoming a cable company as it sought to turn its wireless data customers into bigger consumers of mobile video, exempting preselected services such as Spotify and Netflix from user data caps. Now T-Mobile is literally...


Business

Target is about to give its customers same-day delivery

(c) 2017, The Washington Post. Target is doubling-down on its efforts to compete with Amazon and Walmart with the purchase of Shipt, a same-day delivery company that specializes in groceries. The Minneapolis-based chain on Wednesday said it would pay $550 million in cash for the technology company,...


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