Business News

AP News - Jan 23, 2015 8:12 PM

Starbucks Corp. CEO Howard Schultz received a 24 percent increase in his compensation package for 2014.A regulatory filing Friday with the Securities and Exchange Commission shows that Schultz's base salary stayed steady at $1.5 million for the ...more

AP News - Jan 23, 2015 7:51 PM

NEW YORK (AP) — Viacom CEO Philippe Dauman's pay climbed 19 percent to $44.3 million last year while the TV-and-film company's stock slumped and its earnings remained flat.The compensation package disclosed in a Friday regulatory filing included ...more

AP News - Jan 23, 2015 6:34 PM

Anheuser-Busch is buying Seattle's Elysian Brewing Co., further expanding its collection of craft brewers as it tries to offset sagging sales of its flagship beers.The financial terms of the deal announced Friday were not disclosed.Anheus ...more

AP News - Jan 23, 2015 6:17 PM

DAYTONA BEACH, Fla. (AP) — Daytona International Speedway has extended its partnership with Rolex as the title sponsor for the annual 24-hour endurance race at the famed track.The new deal also gives Rolex naming rights to a new front-stretch lo ...more

AP News - Jan 23, 2015 6:05 PM

___$2 gasoline: Good times keep rolling at the pumpNEW YORK (AP) — At some point this will end, perhaps even soon. The price of gasoline will not fall to zero.But for the first time since 2009, most Americans are paying less than $ ...more

AP News - Jan 23, 2015 4:52 PM

SAN FRANCISCO (AP) — Box's shares soared 66 percent in their stock market debut Friday despite the online storage provider's decade-long history of losses, a showing that may encourage more unprofitable technology startups to go public this year.

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AP News - Jan 23, 2015 4:49 PM

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:NYSEUnited Parcel Service Inc., down $11.32 to $102.93The shipping company cut its 2014 profit outl ...more

AP News - Jan 23, 2015 4:27 PM

NEW YORK (AP) — Apparently, airline passengers aren't buying enough garden gnomes, superhero pajamas and heated cat shelters. SkyMall has filed for bankruptcy.The quirky in-flight shopping catalog has been a mainstay on airlines since 1989. Pass ...more

AP News - Jan 23, 2015 4:16 PM

NEW YORK (AP) — Apparently, airline passengers aren't buying enough garden gnomes, superhero pajamas and heated cat shelters. SkyMall has filed for bankruptcy.The quirky in-flight shopping catalog has been a mainstay on airlines since 1989. Pass ...more

AP News - Jan 23, 2015 4:12 PM

WASHINGTON (AP) — MasterCard on Friday became the first major credit card company to say it will start handling U.S. card transactions in Cuba.Citing new guidance from the U.S. Department of Treasury, MasterCard said it would begin processing sw ...more