Business

Business 87-year-old woman loses to Trump in civil case 87-year-old woman loses to Trump in civil case
By MICHAEL TARM,Associated Press Published: May 23, 2013 at 4:38 PM PDT
Jurors sided with the real estate mogul-turned-TV showman in a weeklong civil trial focused on Jacqueline Goldberg's claim that Trump cheated her in a condo bait-and-switch scheme in a Chicago skyscraper he built.
Business US new home sales up 2.3 percent in April US new home sales up 2.3 percent in April
By MARTIN CRUTSINGER,AP Economics Writer Published: May 23, 2013 at 9:45 AM PDT
U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.
Business Google to add Galapagos Islands to Street View Google to add Galapagos Islands to Street View
By JASON DEAREN, Associated Press Published: May 23, 2013 at 9:54 AM PDT
Mountain View, Calif.,-based Google sent hikers to the Galapagos with Street View gear called "trekkers," 42-pound computer backpacks with large, soccer ball-like cameras mounted on a tower.
Business House backs variable rate student loans
By PHILIP ELLIOTT, Associated Press Published: May 23, 2013 at 10:30 AM PDT
The U.S. House says student loans' interest rates should be pegged to the financial markets. Senate democrats say there is no support for the bill in the Senate.
Business Birth control coverage up for federal appeal Birth control coverage up for federal appeal
By KRISTEN WYATT, Associated Press Published: May 23, 2013 at 10:14 AM PDT
In the most prominent challenge of its kind, Hobby Lobby Stores Inc. is asking a federal appeals court Thursday for an exemption from part of the federal health care law that requires it to offer employees health coverage that includes access to the morning-after pill.
Business Apple case seen as possible spur to tax reform Apple case seen as possible spur to tax reform
By MARCY GORDON, AP Business Writers Published: May 22, 2013 at 8:23 AM PDT
Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law.
Business U.S. home sales tick up to highest in 3½ years U.S. home sales tick up to highest in 3½ years
By CHRISTOPHER S. RUGABER, AP Economics Writer Published: May 22, 2013 at 8:21 AM PDT
Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.
Business Median CEO pay rises to $9.7 million in 2012 Median CEO pay rises to $9.7 million in 2012
By CHRISTINA REXRODE, AP Business Writer Published: May 22, 2013 at 8:18 AM PDT
The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.
Business Restaurant learns online reviews can make or break Restaurant learns online reviews can make or break
By CRISTINA SILVA, Associated Press Published: May 22, 2013 at 8:13 AM PDT
In the evolving world of online marketing, comments, both good and bad, and the reactions they trigger from managers, can make all the difference between higher revenues and empty storefronts.
Business Bernanke signals Fed to maintain stimulus efforts Bernanke signals Fed to maintain stimulus efforts
By MARTIN CRUTSINGER, AP Economics Writer Published: May 22, 2013 at 8:08 AM PDT
Chairman Ben Bernanke is telling Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
Business Apple's CEO faces tough Senate questions on untaxed profits Apple's CEO faces tough Senate questions on untaxed profits
By MARCY GORDON, AP Business Writer Published: May 21, 2013 at 10:45 AM PDT Last Updated: May 21, 2013 at 1:10 PM PDT
The Senate dragged massively profitable Apple Inc. into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions in U.S. taxes.