Business

Hardship in HARD-ware

Home-improvement retailer Lowe’s posted a profit Wednesday that didn’t impress Wall Street, results that came in stark contrast to those of its rival Home Depot. Lowe’s shares slumped after reporting its profit fell 32 percent to $602 million, or 70 cents per share in the quarter that ...

Rules of Thumb and Other Crazy Ideas

[That’s probably a good policy, Dad.]Not too long ago I was sitting out on my deck talking to my two teenage sons. North Korea was in the news and so our conversation turned to nukes and the like. One of my sons said that if a nuclear blast happened close enough for you to see it, but was far ...

Paper or plastic?

Young adults who are afraid of credit cards in the long shadow of the recession usually think only of the risks, rather than the role they play in establishing credit, consumer credit experts say. That can hold them back from building the credit history they’ll need later on if they want to ...

Legal jam: Strawberry scientist is sued over the fruits of his research

FRESNO, Calif. – Plant scientist Douglas Shaw spent his career toiling in the California fields to grow the perfect strawberry, one that was plump and bright red yet remained sweet even after the long trip to grocery stores across the country. When the professor retired from the University of ...

Microsoft takes aim at Google and chromebooks

Microsoft is taking aim at Google as it introduced a Surface device for students and slimmed down Windows for the classroom. The new Surface Laptop is the first Surface device without a detachable keyboard. Microsoft says the new laptop will have up to 14.5 hours of battery life, compared with ...

Worker can’t claim wrongful firing if health prevents her from working

On April 21, 2017, a New Hampshire federal judge ruled in the case of Wanda Duryea v. MetroCast Cablevision of New Hampshire, LLC, et al. that Wanda Duryea could not go forward to a jury on a variety of her employment disability claims related to her firing because both she and her doctor ...

Mythical marketing: Starbucks: Unicorn Frappuccino shows its digital savvy

NEW YORK – Starbucks is pointing to the Unicorn Frappuccino as an example of its digital savvy, and ability to ride out of its sales slump. The coffee chain reported disappointing U.S. sales growth for the first three months of the year on Thursday as customer traffic stalled, and it tempered ...

Higher prices help sales as PepsiCo works to adapt brands

PURCHASE, N.Y. (AP) — Higher prices helped lift PepsiCo’s sales in the first quarter, as the maker of Doritos, Gatorade and Quaker worked on transforming its lineup of products to keep up with changing tastes. Sales for the North America Beverages and Frito-Lay North America segment both ...

First Know Thyself

This is often the very hardest step, but also the most important when doing any kind of financial planning. There is so much to think about that we put off, because so much of it brings up difficult feelings. This step ranges from what you want your retirement to look like to how much income ...

Amazing feet: Oregon teen sells $1M in custom socks

SHERWOOD, Ore. (AP) – Seventeen-year-old Oregon resident Brennan Agranoff spends his days going to school, doing chores and running his custom-design sock business. It’s no simple hobby: Agranoff is the founder and CEO of HoopSwagg, and he has already sold $1 million in custom socks. “I ...

Raw milk advocates push to expand legalized sales

DES MOINES, Iowa – Raw milk advocates’ efforts to expand availability across the U.S. have not slowed despite health officials’ assertions that it’s dangerous to drink milk that hasn’t been heated to kill bacteria. Efforts to legalize raw milk sales in some form have succeeded in 42 ...

United CEO won’t add chairman title

DALLAS – United Airlines said CEO Oscar Munoz, who came under withering criticism for the airline’s handling of a passenger-dragging incident, will not automatically add the title of chairman in 2018 as planned. The company said Friday that Munoz proposed rewriting his employment contract ...

Where is pot legal? A look at shifting US marijuana policy

Whether it was fear, racism or economic concerns that led the U.S. in the 1930s to ban growing or even possessing marijuana, the nation’s wall against pot lasted a generation. Now, it’s showing signs of wear. Twenty-nine U.S. states consider pot legal for people with certain medical ...

Oklahoma to end tax credit for clean energy

A state tax credit that helped propel Oklahoma to third in the nation in its capacity to generate electricity from wind is coming to an end, but it will be years before state coffers see results of the change. Gov. Mary Fallin on Monday signed legislation that rolls back a 10-year tax credit ...

Tax Day revolt

CHICAGO – Thousands of chanting, sign-carrying protesters took to the streets in cities across the nation Saturday, demanding that President Donald Trump release his tax returns, so Americans can scrutinize his business ties and potential conflicts of interest. Violent clashes were the ...

Three things you can do for better sleep

The whole premise of a typical market “buy and hold” strategy presumes you have the intestinal fortitude to ride out long bear markets. The average investor actually gets much less in the market because people are motivated more by emotions than logic with markets. So they get out after ...

Retail stores cut jobs as more buyers migrate online

NEW YORK – Retail stores are cutting jobs at the sharpest pace in more than seven years, evidence of a seemingly inexorable shift away from employee-heavy stores as Americans increasingly shop online. A combined 60,600 retail job losses over the past two months have had less to do with the ...

Independent contractor may have fraud claim against company rep

Generally under New Hampshire law contracting parties are precluded from pursuing tort recovery for pure economic or commercial losses associated with a contractual relationship. Therefore an independent contractor that has a contract with a company to provide services, if unpaid has a breach ...

Payless files for bankruptcy protection

Shoe chain Payless ShoeSource has filed for Chapter 11 bankruptcy protection, becoming the latest retailer to succumb to increasing competition from online rivals like Amazon. The Topeka, Kansas-based retailer said Tuesday that it will be immediately closing nearly 400 stores as part of the ...