Business News

AP News - 1 hour ago

OMAHA, Neb. (AP) — Berkshire Hathaway Inc.'s fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts.Warren Buffett's company released its latest results Saturday along with his le ...more

AP News - 6 hours ago

LOS ANGELES (AP) — Leonard Nimoy, who died Friday at age 83, likely had the most famous lobes in Hollywood. As the logical half-human, half-alien Mr. Spock in "Star Trek," his pointy Vulcan appendages became a signature — and a nuisance — for the actor ...more

AP News - 16 hours ago

SAN JUAN, Puerto Rico (AP) — Puerto Rico's heavily indebted public power company is asking creditors for more time to present its restructuring plan.A company statement Friday says it has not finalized the plan that was scheduled to be released ...more

AP News - 17 hours ago

U.S. stocks closed lower on Friday following news that U.S. economic growth slowed more sharply than previously estimated in the final three months of 2014. The major stock indexes still notched gains for the month, recovering after a sluggish start to ...more

AP News - 17 hours ago

WASHINGTON (AP) — The U.S. economy grew at a modest annual rate of 2.2 percent in the fourth quarter, less than half the third quarter's torrid 5 percent rate and weaker than the government first reported.While the sharp slowdown seems troubling ...more

AP News - 17 hours ago

LONDON (AP) — The unmasking of Islamic State militant "Jihadi John" as a Londoner who had repeatedly been questioned by security services sent shock waves through Britain Friday, with Prime Minister David Cameron stepping in to defend British spy craft ...more

AP News - 18 hours ago

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:NYSEJ.C. Penney Co., down 62 cents to $8.50The department store operator reported a surprise fourth ...more

AP News - 18 hours ago

PALM BEACH GARDENS, Fla. (AP) — The PGA Tour is completing plans to bring the Match Play Championship to Austin, Texas, starting in 2016.Three people aware of the negotiations told The Associated Press that Texas-based Dell will be the title spo ...more

AP News - 18 hours ago

HUNTINGTON BEACH, Calif. (AP) — At a taco shop in Southern California, milkshakes are served in mason jars and a chalkboard menu lists "The 1%er" made with lobster meat.The logo is a pink skull and instead of buzzers, customers are given license ...more

AP News - 18 hours ago

CHICAGO (AP) — Grain futures were higher Friday on the Chicago Board of Trade.Wheat for March delivery was up 12.50 cents to $5.13 a bushel; March corn rose 4.75 cents to 3.9325 a bushel; March oats were 3.75 cents higher at $2.7825 a bushel; wh ...more