When I wrote about the coming "Public Pension Wars" a few years ago, the responses ranged from astounded to angry. The very idea that a state or municipality could change pension contribution requirements - in the middle of an employee's career - was shocking.
NEW YORK (AP) - J.C. Penney's woes keep piling on. In the latest string of troubles, Macy's won a preliminary injunction against Martha Stewart Living that would prevent it from selling some of its products at the chain.
CEDAR RAPIDS, Iowa (AP) - The chief executive of an Iowa-based brokerage firm admitted in a tell-all suicide note that he carried out an elaborate fraud scheme in which he embezzled at least $100 million from customers over two decades, federal investigators said Friday.
Q. I am about to turn 66 years old. I was planning to wait until age 70 to file for my Social Security benefits because I wanted to get the delayed retirement bonus you mention so often in your column. But I found an article on the web that encourages people like me to file at age 66 and then immediately suspend my benefits. That way, if I change my mind before age 70, I can go back and get retroactive benefits until age 66. What do you know about this?
ALBUQUERQUE, N.M. (AP) - The company behind plans to build a scientific ghost town says it is pulling out of a deal to develop the make-believe city near Hobbs.
PHILADELPHIA (AP) - While lawmakers in Congress continue fuming about uniforms for the U.S. Olympic team being made in China, a Philadelphia company is looking forward to seeing its locally-made apparel being worn by American rowers.
NEW YORK (AP) - Visa, MasterCard and major banks agreed to pay retailers at least $6 billion to settle a long-running lawsuit that alleged the card issuers conspired to fix the fees that stores pay to accept credit cards. As part of the settlement, announced late Friday, stores from Rite Aid to Kroger will be allowed to charge customers more if they pay using a credit card.
ALBUQUERQUE, N.M. (AP) - Gov. Susana Martinez's administration is on the verge of taking back New Mexico's $11 million supercomputer known as "Encanto" from the nonprofit group set up to operate it.
LONDON (AP) - Some 450,000 Yahoo users' email addresses and passwords have been leaked because of a security breach, the company confirmed Thursday, adding that just a small fraction of the stolen passwords were valid.
MADISON, Wis. (AP) - As much as President Barack Obama wants your vote, he's not actually offering to pay your monthly bills.
NEW YORK (AP) - NBC launched two mobile apps that will let people watch Olympics events as they happen, look up athlete profiles and access other extra content on their iPads, iPhones and certain Android devices.
SAN FRANCISCO (AP) - Yahoo's restless shareholders let interim CEO Ross Levinsohn know that they won't give him much time to fix the troubled company if he gets the job on a permanent basis.
SCRANTON, Pa. (AP) - A fiscal and political crisis in the nearly-broke northeastern Pennsylvania city of Scranton deepened Tuesday as public employee unions sought to have the mayor held in contempt of court after he defied a judge and slashed workers' pay to minimum wage.
WASHINGTON (AP) - U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring.
WASHINGTON (AP) - Democrats began trying to push a bill through the Senate Tuesday slicing taxes for businesses that hire new workers and buy major new equipment. They ran straight into opposition from Republicans who complained that the measure was too timid and sought to refocus the debate on their own economic priorities.
CUPERTINO (AP) - The iPhone again proved to be the engine behind Apple's blockbuster financial performance, driving quarterly results well past expectations.
NEW YORK (AP) - Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. Customers tired of paying big fees for hundreds of channels they never watch just to have access to a few favorite shows might be expected to start cancelling cable service in droves. Get Netflix, throw in HBO, add a network here and there - why would anyone sign up now for cable?
CUPERTINO (AP) - Apple unveiled a thinner iPad Thursday with a faster processor and a better camera as it tries to drive excitement for tablets amid slowing demand. The company also released an update to its Mac operating system and introduced a high-resolution iMac model that might appeal to heavy watchers of television over the Internet.
MOUNTAIN VIEW (AP) - Google's third-quarter earnings slipped as the Internet search leader hired nearly 3,000 more employees while pouring more money into its zest for innovation and quest for new markets.
CUPERTINO (AP) - Apple showed off thinner iPads and a new iMac with a high-resolution display on Thursday. Sleek and stunning, yes, but not likely to spark the next iRevolution. The tech giant's bigger strategic bet is that mobile pay service Apple Pay, debuting Monday, will be the next thing you didn't know you needed - but now can't live without.
MESA, Ariz. (AP) - A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant.
MOUNTAIN VIEW (AP) - Google is coming out with bigger, more expensive versions of its Nexus phone and tablet to attract more of the affluent consumers who faithfully buy each new generation of Apple's iPhone and iPad. It's also releasing a new streaming video and music device, Nexus Player, to compete with Apple TV and Roku, among others.
SAN FRANCISCO (AP) - This is a sequel that Netflix shareholders never wanted to see: The world's largest Internet video service has once again turned off potential viewers with a price increase that is punishing the company's stock price.
NEW YORK (AP) - Next year HBO is cutting the cord and selling its popular streaming video service HBO Go as a stand-alone product, as more Americans choose to watch the Web, not the TV. Viewers longing to see "Game of Thrones", "True Detective" and "Veep" will no longer have to pay big bucks for cable and satellite contracts. So, is this the end of pay-TV as we know it?
NEW YORK (AP) - Wal-Mart Stores Inc. cut its revenue outlook for its current fiscal year as it announced it is scaling back its expansion plans for its supercenters next year and stepping up investments in its online operations.
PALO ALTO (AP) - PC maker Hewlett-Packard said Wednesday it is resuming buybacks and reaffirmed its guidance for 2014 and 2015.
PARIS (AP) - Did someone spot you money for lunch two weeks ago? In France, Twitter users can now publicly repay debts, donate to charity or chip in for a gift with a new payment service backed by the country's second-largest banking service.
WASHINGTON (AP) - Teeth-bleaching isn't brain surgery, although the Supreme Court seemed to find a link between the two in an antitrust case argued Tuesday.
RICHMOND, Va. (AP) - In a quick about-face, the National School Boards Association is cutting ties with the nation's second-biggest cigarette maker, R.J. Reynolds Tobacco Co.
NEW YORK (AP) - Macy's Inc. is opening its stores at 6 p.m. on Thanksgiving Day, two hours earlier than last year, to lure holiday shoppers.