KEPR - News - Business http://www.keprtv.com/news/business RSS Feed for KEPR - News - Business en-us Sat, 18 May 2013 22:49:01 GMT Silicon Valley-area hub becomes factory town http://www.keprtv.com/news/business/Silicon-Valley-area-hub-becomes-factory-town-208015921.html Fremont, Calif., a nondescript suburb of 217,000 tucked in the high-tech region between San Francisco and the Silicon Valley is where something unique is happening: manufacturing. Politics, bribery charges swirl around Ugandan oil http://www.keprtv.com/news/business/Politics-bribery-charges-swirl-around-Ugandan-oil-208018631.html Uganda, which has confirmed oil deposits of about 3.5 billion barrels, wants to extract at least 1.2 billion barrels over the next three decades. Report: Yahoo nearing $1.1B acquisition of Tumblr http://www.keprtv.com/news/business/Report-Yahoo-nearing-11B-acquisition-of-Tumblr-208010171.html The Sunnyvale, Calif., company's board of directors will meet Sunday evening to consider approving a $1.1 billion acquisition of online content-sharing site Tumblr Rising consumer demands aids organic industry sway http://www.keprtv.com/news/business/Rising-consumer-demands-aids-organic-industry-sway-207885311.html Tensions between conventional and organic agriculture boiled over this week during a late-night House Agriculture Committee debate on farm legislation that for decades has propped up traditional crops and largely ignored organics. Bernanke forecasts long-term economic gains from computer tech http://www.keprtv.com/news/business/Bernanke-forecasts-gains-from-computer-technology-208010921.html Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong. Ticketmaster settles rewards lawsuit for $23M http://www.keprtv.com/news/business/Ticketmaster-settles-rewards-lawsuit-for-23M-207788161.html About 1.12 million people are eligible to file a claim. They signed up for the rewards program after buying a ticket at Ticketmaster.com between September 2004 and June 2009. Gauge of US economy's future health up in April http://www.keprtv.com/news/business/Gauge-of-US-economys-future-health-up-in-April-207947091.html A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market. Syrian hackers compromise Financial Times blogs, Twitter feeds http://www.keprtv.com/news/business/Syrian-hackers-compromise-FT-blogs-Twitter-feeds-207886181.html A clutch of blogs and Twitter accounts maintained by the Financial Times were hacked Friday, the latest in a series of cyberattacks claimed by the Syrian Electronic Army Unemployment falls in 40 US states, rises in 3 http://www.keprtv.com/news/business/Unemployment-falls-in-40-US-states-rises-in-3-207887921.html Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country. Nordstrom 1st quarter net income slips http://www.keprtv.com/news/business/Nordstrom-1st-quarter-net-income-slips-207779121.html Nordstrom Inc. said Thursday its first-quarter net income fell 3 percent, hurt by weak demand for spring merchandise and softer performance in the Northeast and Midwest.