Business News

AP News - Dec 23, 2014 7:40 PM

NEW YORK (AP) — Major League Baseball's average salary shot up to more than $3.8 million this year following the steepest rise in more than a decade, putting big leaguers on track to top the $4 million barrier for the first time in 2015.The Majo ...more

AP News - Dec 23, 2014 5:00 PM

SAN FRANCISCO (AP) — A group led by Apple and Microsoft has sold about 4,000 technology patents to patent management company RPX Corp. for $900 million.The deal announced Tuesday marks another shift in the ownership of a patent portfolio auction ...more

AP News - Dec 23, 2014 4:52 PM

NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:NYSEChesapeake Energy Corp., up $1.87 to $20.29The energy company completed a $5 billion asset sal ...more

AP News - Dec 23, 2014 4:47 PM

The Dow Jones industrial average and the Standard & Poor's 500 index notched all-time highs for the second day in a row Tuesday. The rally drove the Dow past the 18,000-points mark for the first time.Investors welcomed a government report sh ...more

AP News - Dec 23, 2014 4:44 PM

WASHINGTON (AP) — In a first-of-a-kind case, the Federal Trade Commission is targeting a data broker for allegedly selling sensitive consumer information — including bank account numbers — to marketers that authorities said the broker knew had no legit ...more

AP News - Dec 23, 2014 3:58 PM

WARRI, Nigeria (AP) — The people of Odi were for years united in their outrage, demanding compensation after the Nigerian military killed scores in their community.The $83 million paid last month by the government is now dividing the community, ...more

AP News - Dec 23, 2014 3:41 PM

CHICAGO (AP) — Grain futures were mixed Monday on the Chicago Board of Trade.Wheat for Mar delivery gained 9.75 cents to $6.3550 a bushel; Mar corn was up 2.25 cents to 4.14 a bushel; Mar oats fell .75 cent to $3.09 a bushel; while Mar soybeans ...more

AP News - Dec 23, 2014 3:07 PM

ST. LOUIS (AP) — Two of the biggest U.S. agribusiness companies say they have agreed to settle their patent-infringement lawsuits against each other that had been pending in a St. Louis federal court.Terms of the deal announced Tuesday by DuPont ...more

AP News - Dec 23, 2014 12:08 PM

Stronger sales from established stores helped Walgreen trump first-quarter expectations, and the nation's largest drugstore chain said Tuesday that a major acquisition expected to stoke its global reach and buying clout should close next week.Sh ...more

AP News - Dec 23, 2014 11:44 AM

MATTHEWS, N.C. (AP) — Family Dollar says it has delayed a shareholder vote on its proposed acquisition by Dollar Tree until Jan. 22.The Matthews, North Carolina-based discount retailer held a special meeting Tuesday for shareholders to vote on t ...more