NASHVILLE, Tenn. (AP) – The maker of the Gibson guitar, omnipresent for decades on the American music stage, is filing for bankruptcy protection after wrestling for years with debt. A pre-negotiated reorganization plan filed Tuesday will allow Gibson Brands Inc. to continue operations with ...
The Trump administration has so far avoided a trade fight with Europe by temporarily exempting it from hefty steel and aluminum tariffs. Yet the move also extends the uncertainty weighing on small businesses that use those materials, a much broader group than you might think. For example, Gary ...
SAN JOSE, Calif. (AP) – Apple’s tax break on its overseas profits is turning into a $102 billion boon for shareholders. The iPhone maker is raising its quarterly dividend by 16 percent to 73 cents per share, matching the largest increase since Apple restored the payment under shareholder ...
NEW YORK (AP) – U.S. stocks clawed back early losses Tuesday as Apple led a rally in technology companies. Smaller, more domestically-focused companies also climbed. The late push offset a slump in household goods makers and industrial companies. Stocks fell in the early going as investors ...
WASHINGTON (AP) – The U.S. government pleaded its case Monday for blocking AT&T from absorbing Time Warner, saying the combination would hurt consumers. In the landmark antitrust trial’s last day in federal court, lead Justice Department attorney Craig Conrath argued that the $85 ...
NEW YORK (AP) – U.S. stocks fell moderately on Monday, giving up an early gain, but still ended April higher. It was the first monthly increase for the market since January as company earnings have come in better than many expected. Indexes jumped in the early going following news of several ...
NEW YORK (AP) – T-Mobile and Sprint reached a $26.5 billion merger agreement Sunday that would reduce the U.S. wireless industry to three major players – that is, if the Trump administration’s antitrust regulators let the deal go through. The nation’s third- and fourth-largest wireless ...
AMHERST – Ever since Wesley DeLoid was old enough to “tinker around with stuff,” cars have fascinated him. As he grew up, he was able to turn that passion into a career and now owns Charlie’s Auto Service in Amherst with his wife, Lisa DeLoid. Even now, more than two decades into ...
MILFORD – In the past 10 to 15 years, Ciardelli Fuel Co. has made a lot of strides with adding on services and qualified employees, allowing them to be the home heat and comfort specialists they are today. Operating out of Milford, this third-generation family owned and operated company has ...
NEW YORK (AP) – If you can’t beat them, join them. Comcast is trying to refigure the traditional cable bundle, adding services like Netflix to its subscription packages and offering internet-only TV streaming. Comcast, the world’s largest cable company, and other cable operators are ...
NEW YORK (AP) – A late round of buying erased early losses on Wall Street, leaving major indexes mixed at the close of trading. Stocks got off to a weak start as investors worried that growing costs for raw materials along with rising interest rates would hold back profit growth for U.S. ...
DALLAS (AP) – The desire by people to see the world is giving Boeing a huge lift, and executives at the aircraft maker say travel is a long-term growth industry. After all, they reason, only about one in five people has ever flown on a plane, so there is plenty of upside to keep building ...
Although no one really knows where this saying came from, I have managed to fool myself into thinking it was Mark Twain. So, on my emails, this quote sits proudly in the signature area with the attribution (light): “attributed to Mark Twain.” Talk about equivocating! Regardless, it’s one ...
LAS VEGAS (AP) – Two film industry leaders told theater owners Tuesday that are optimistic about the movie and theatrical exhibition business despite concerns about declining attendance and competition from streaming services. New MPAA chief Charles Rivkin and John Fithian, the president and ...
WASHINGTON (AP) – Federal health officials on Tuesday announced a nationwide crackdown on underage use of a popular e-cigarette brand following months of complaints from parents, politicians and school administrators. The Food and Drug Administration issued warnings to 40 retail and online ...
NEW YORK (AP) – After a strong start, U.S. stocks abruptly sold off Tuesday after machinery maker Caterpillar said it doesn’t expect to top its first-quarter profit for the rest of the year. The Dow Jones industrial average plunged as much as 619 points as investors feared that rising oil ...
WASHINGTON (AP) – The company formerly known as Yahoo is paying a $35 million fine to resolve federal regulators’ charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history. The Securities and Exchange Commission announced ...
NEW YORK (AP) – Sears’ biggest shareholder has suggested the company sell its well-known Kenmore brand and some real estate holdings, offering itself as a potential buyer. The ailing company has sold off other major brands as it struggles to stay afloat, with Kenmore a notable remainder of ...
NEW YORK (AP) – U.S. stocks couldn’t hang on to an early gain and finished mostly lower Monday as technology companies slipped. Bond prices continue to fall and the yield on the 10-year Treasury note drew closer to 3 percent, a milestone it hasn’t reached since January 2014. Investors ...
DETROIT (AP) – The U.S. government’s highway safety agency is expanding three investigations for brake and air bag troubles that could affect more than 2.3 million vehicles from Ford, Volkswagen and Nissan. The expansions by the National Highway Traffic Safety Administration were announced ...