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Top News: Business

Dow, S&P 500 set records for second day in row; Rosy jobs picture

New York - Dow Jones industrial average climbed 109 points, or 0.6 percent, to 17,265. Standard & Poor’s 500 index rose nine points, or 0.5 percent, to close at a record 2,011. Both indexes set records for a second day in a row, but with a one word question: Why?

Sears stores offer curbside pickup/returns to online shoppers

Hoffman Estates - Online shoppers picking up or returning items to brick-and-mortar Sears stores nationwide can take care of business without leaving their cars.

Would-be Amazon competitor Jet.com raises $80 million

With a solid track record behind him, Marc Lore, co-founder of Quidsi.com, is beginning his new startup with $80 million in growth capital and assets.

Marriott's new campaign urges guests to tip their housekeepers

A number of Marriott hotels will provide envelopes in guest rooms in an effort to encourage visitors to tip its workers.

Op-Ed: Top 3 guns for the U.S. Military's next service pistol

Recent reports indicate that the US Military could be choosing a new sidearm sometime in the near future. But what would be the best choice to replace the Beretta M9?

Large author group says Amazon-Hachette feud hurting sales

While the feud between Amazon and book publisher Hachette has been going on for months now, a group of more than 1,000 authors has just sent Amazon a letter outlining how much the dispute has hurt book sales.

Buffett and Berkshire subsidiary to cash in on legal pot industry

Billionaire Warren Buffett’s Berkshire Hathaway Inc. has never shied away from a good investment opportunity, which is why their latest foray into the legal pot business shouldn’t come as a surprise.

JP Morgan the victim of an 8-week long cyber attack

New York - This summer's hackers discovered a way into the servers of mega-bank JP Morgan Chase, exposing the backdoor vulnerability to access copious amounts of customer and company data.

Back from the edge — Radio Shack gets new financing offer

New York City - Ubiquitous US electronics retailer RadioShack Corp. reportedly has received an offer of nearly $600 million in financing that could enable it to avoid bankruptcy.

Op-Ed: TTIP will allow corporations to sue governments for millions

Free Trade agreements are in many respects less about free trade than providing rights for corporations that transcend national laws. The TTIP provides a case in point but NAFTA and CETA have similar purposes.

Panera Bread announces a 'no-gun' policy for its cafes

Popular cafe chain Panera Bread is now discouraging customers from bringing guns into its stores as it joins a growing list of businesses enforcing such rules, despite American law allowing for it.

Op-Ed: New sanctions against Russia going ahead despite cease-fire

Brussels - The European Union decided on Friday to impose tough new sanctions on Moscow, which could cripple development of new Russian energy sources, despite a shaky cease-fire in the Ukraine.

Op-Ed: The rise and fall of Atlantic City

As of today, Sept. 8th, Atlantic City has seen the closing of two casinos in as many weeks. On Sept. 16th, Trump Plaza will follow suit. By the end of the year, the gambling hotspot will have lost a total of five gaming houses.

What will happen to the UK gold reserve if Scotland votes yes?

An independent Scotland will be in a good position to lay claim to a sizable portion of Britain's 310-tonne gold reserves if votes go in favour of the "Aye" campaign on September 18.

Op-Ed: Building design and fabrication goes virtual

Just like most everything else in our society today, virtual reality has taken over in the fields of architecture, interior design and construction.

Japan economy contracted 7.1 percent in Q2

Preliminary estimates of the economic situation in Japan have been revised further down, despite extraordinary attempts to stimulate the economy.

Toronto Mayor Rob Ford addressed the National Franchise Show Special

Toronto - Toronto Mayor Rob Ford gave the Opening Address at the 2014 National Franchise and Business Opportunities Show which was followed by Bruce Croxon's inspirational Keynote Address that inspired attendees to 'Get in the Game of Business Ownership'.

Tesla will build its $5 billion battery plant in Nevada

Carson City - California lost out to Nevada to be the host state for Tesla electric car company's planned $5 billion battery plant. California is home-base to the carmaker but the company considered five states as potential sites for its new factory.

British farmers enjoy bumper grain harvest this year

With 90 percent of the winter wheat harvest in this week, British farmers are heaving huge sighs of relief. A mild winter and early spring got the fields off to a good start, bringing in yields above the 10-year average of 7.7 tons per hectare.
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