Local Business
Obama decries Washington in health care push
President Barack Obama says Washington for too long has accepted billions of dollars in health care fraud and abuse as simply the cost of doing business. He says that must end.
Categories: Local Business
Summary Box: Tropicana sizes, prices
THE HIKES: Starting in May, Pepsico Inc. is shrinking its popular Tropicana orange juice 64-ounce product to 59 ounces, while keeping the price the same, and raising the price of its gallon container of orange juice.
Categories: Local Business
Summary Box: OnLive game streaming to come in June
THE SERVICE: OnLive will let you "stream" popular high-end games over the Internet, using a mechanism similar to watching TV shows or listening to music online.
Categories: Local Business
Derivatives debate splits US and Europe regulators
To European officials, financial derivatives are dangerous weapons that worsened its debt crisis and should be curbed.
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Culver signs government reorganization bill
Gov. Chet Culver on Wednesday signed into law a sweeping restructuring of state government designed to squeeze $127 million in spending from next year's budget and help close an expected shortfall.
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Summary Box: Global Net agency reconsiders `.xxx'
THE PROPOSAL: A ".xxx" Internet suffix where porn sites can voluntarily set up shop away from the wandering eyes of children and teenagers.
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Pinnacle to close the President by July 1
After a long battle to keep open the President Casino in St. Louis, Pinnacle Entertainment changed course on Wednesday and agreed to close the aging gambling boat by July 1.
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Okla.'s jobless rate continues to improve in Jan.
Oklahoma's jobless rate declined to 6.7 percent in January.
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Rovi Corp. plans to offer $400M of senior notes
Rovi Corp. said Wednesday that it plans to issue $400 million of senior notes to buy back shares and pay down debt.
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Maidenform to buy 1.6M shares from shareholder
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Categories: Local Business
Fed recovers, gets new look as financial regulator
The Federal Reserve, still dusting itself off from a fight that threatened to trim its powers, could emerge from a congressional overhaul of banking rules as the top cop over the nation's largest financial institutions.
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Diamond Foods raises $181.4M in follow-on offering
Diamond Foods Inc., which sells Emerald nuts and Pop Secret popcorn, on Wednesday said it will net about $181.4 million in a secondary offering aimed at raising cash to fund an acquisition.
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Eastman Chemical CEO gets $3.5M in 2009 pay
In his first year as CEO of Eastman Chemical Co., James Rogers received compensation valued at $3.5 million, according to an Associated Press calculation of figures disclosed in a regulatory filing.
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Jo-Ann Stores posts 4Q profit surge as sales gain
Craft and fabric retailer Jo-Ann Stores Inc. on Wednesday posted an 82 percent surge in fourth-quarter profit, buoyed by cost-cutting and higher sales across its product lines.
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Chrysler names North American Fiat head
Chrysler Group LLC said Wednesday that it has named a new executive to head the reintroduction of the Fiat brand to the North American market.
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Hibbett Sports CEO steps down, replaced by COO
Retailer Hibbett Sports Inc. said Chairman and CEO Mickey Newsome will give up the CEO's job and be replaced by the sporting goods chain's chief operating officer next Monday.
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Tidewater promotes new COO
Oil tanker operator Tidewater Inc. said Wednesday that Jeffrey M. Platt, its executive vice president, has been promoted to chief operations officer.
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TechTarget posts 4Q loss, CEO sees healthy growth
Technology Web site operator TechTarget Inc. posted a fourth-quarter loss as sales slipped and the company absorbed higher expenses for stock-based compensation, but CEO Greg Strakosch predicted "healthy growth" in 2010, now that "the worst of the downturn is behind us."
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Mine foreman pleads guilty in record-faking case
A foreman accused of forging safety inspection reports at a West Virginia mine has pleaded guilty to violating federal mine safety laws.
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Summary Box: FDA reviews Medtronic stimulator
The Food and Drug Administration has posted its review of a Medtronic device that treats seizures by stimulating areas of the brain used for movement.
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