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By KEN SWEET | October 01, 2014 11:13 am
US stocks drop sharply; Airlines sink

Business News

  • Deep discount lures buyer for Revel casino
    Associated Press | October 01, 2014 11:00 am
    As one Atlantic City casino after another shut down and left thousands of workers jobless, Mayor Don Guardian insisted that the meltdown that claimed four of his city's 12 casinos since January was actually the opportunity of a lifetime for savvy investors.
  • Small businesses scramble to keep top staffers
    Associated Press | October 01, 2014 10:30 am
    People are quitting their jobs at a faster clip and that's pushing small business owners to work harder to hold onto top talent.
  • Coca-Cola revises executive pay after criticism
    Associated Press | October 01, 2014 9:48 am
    Coca-Cola is curtailing its pay plan for executives after shareholders including Warren Buffett called it excessive.
  • New York Times cutting 100 jobs, NYT Opinion app
    Associated Press | October 01, 2014 9:00 am
    The New York Times Co. is launching another round of buyouts and layoffs, telling staff on Wednesday that it must cut 100 newsroom jobs to further reduce costs and focus resources on its digital operations. It's also axing its NYT Opinion app after four months and relegating the NYT Now app to a smartphone-only product aimed at new and younger readers, after the lower-priced subscription products failed to take off as hoped.
  • Ford adding 1,000 new jobs in Canada
    Associated Press | October 01, 2014 8:49 am
    Ford Motor Co. said Wednesday it is adding 1,000 jobs at its plant near Toronto to build the 2015 Ford Edge crossover SUV for the global market.
  • Ford's US sales down 3 percent in September
    Associated Press | October 01, 2014 7:25 am
    Ford's U.S. sales dipped 3 percent in September as the company cut back on truck discounts in anticipation of a new F-150 later this year.
  • US companies added 213,000 jobs in September
    Associated Press | October 01, 2014 7:06 am
    U.S. businesses added 213,000 jobs in September, stepping up hiring for the sixth straight month, according to a private survey.
  • General Mills plans to cut about 700 to 800 jobs
    Associated Press | October 01, 2014 6:01 am
    General Mills plans to cut approximately 700 to 800 jobs, the second time it's trimmed its work force in a month, as the food company adjusts for a shift by U.S. consumers away from boxed or frozen meals.
  • Tesco says UK authorities to investigate accounts
    Associated Press | October 01, 2014 1:36 am
    Tesco, one of the world's largest food retailers, says U.K. authorities are conducting a full investigation after its half-year profit was overstated by 250 million pounds ($407 million).
  • App teaches kindergartners basic computer coding
    Associated Press | October 01, 2014 12:24 am
    This computer programming app is so easy to use that even a kindergartener can do it.
  • App teaches kindergartners basic computer coding
    Associated Press | September 30, 2014 11:36 pm
    Researchers in Massachusetts have created an app that teaches basic computer programming to kindergartners.
  • App teaches kindergartners basic computer coding
    Associated Press | September 30, 2014 11:06 pm
    Researchers in Massachusetts have created an app that teaches basic computer programming to kindergartners.
  • App teaches kindergartners basic computer coding
    Associated Press | September 30, 2014 11:00 pm
    Researchers in Massachusetts have created an app that teaches basic computer programming to kindergartners.
  • Argentina slams US judge after contempt decision
    Associated Press | September 30, 2014 5:48 pm
    Argentina's president on Tuesday said a U.S. judge's decision a day earlier to hold the South American country in contempt for attempting illegal moves to service its debt is pure "silliness."

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