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From the Wires

JPMorgan to pay $1.7B in Madoff case

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Tuesday, January 07, 2014

USA Today: JPMorgan Chase must pay $1.7 billion to settle criminal charges from the Bernard Madoff case.

 

Lindsey Vonn injured, will miss Sochi Olympics

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Tuesday, January 07, 2014

CBS: The 29-year-old will skip the Winter Games in Russia due to a right knee injury.

 

Legal pot costs more than black-market marijuana

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Monday, January 06, 2014

Forbes: Taxes on legal marijuana have made its prices much higher than its black-market counterpart.

 

U.S. service industries expand slower than predicted

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Monday, January 06, 2014

Bloomberg Businessweek: December's forecast shows uneven progress for the largest part of the United States' economy.

 

December auto sales miss expectations

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Friday, January 03, 2014

Reuters: The top automakers in the United States did not meet December sales expectations, but 2013 still stands at the best year for the industry since the recession.

 

Cheerios drops GMOs

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Friday, January 03, 2014

USA Today: General Mills says it will stop using genetically modified ingredients in its original Cheerios cereal.

 

Construction spending in U.S. at its highest

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Thursday, January 02, 2014

Reuters: Construction spending in the United States is at its highest level in nearly five years.

Construction spending increased 1 percent to an annual rate of $934.4 billion, the highest level since March 2009, the Commerce Department said on Thursday. It was the eighth straight month that construction spending increased.

Read more here.

 

Customers swarm Colorado cannabis clubs

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Thursday, January 02, 2014

BBC: The first state-licensed marijuana industry opened in Colorado at the start of the new year.

Blustery winter weather could not deter Colorado's cannabis consumers from turning out in large numbers on 1 January, dubbed Green Wednesday, to see history in the making.

Residents aged 21 and over can buy 1oz (28g), while those from out of the state can purchase up to 0.25oz.

Read more here.

 

Sherritt International Corp. is selling coal business

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Tuesday, December 24, 2013

Toronto-based Sherritt International Corp. is selling its coal business for nearly $900 million to focus more on its core nickel and oil operations.

 

American Express to pay $75.7M settlement

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Tuesday, December 24, 2013

AP: American Express has agreed to pay at least $75.7 million to end an investigation by regulators into some discontinued card products.

 

Retailers pursue last minute online sales

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Tuesday, December 24, 2013

Reuters: More customers this year will be able to pick up online orders in stores on Tuesday, the last shopping day before Christmas.

 

U.S. weather on wild ride

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Monday, December 23, 2013

CNN: Plummeting temperatures are on tap for much of U.S.

 

Customers sue Target

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Monday, December 23, 2013

BBC: US retailer Target is being sued by at least 11 customers over a credit card security breach in which information on 40 million cards was stolen.

 
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