Category Archives: Business

Obituary: Irma Wyman was Honeywell's first female CIO, Episcopal deacon

. A professor once told Irma Wyman that women had no place in engineering and that no matter what she did, she would fail his class. She dropped the course, but not the profession, a friend recalled. After being one

German factory drop strongly in September for 3rd straight month, in sign of weakness

BERLIN — German factory orders dropped sharply in September, falling for the third straight month in a sign of weakness for Europe’s largest economy. The Federal Statistical Office said Thursday that orders fell 1.7 percent in seasonally adjusted terms compared

Buffett says his firm sold some Goldman Sachs, Wal-Mart shares to free up cash for acquisition

OMAHA, Neb. — Investor Warren Buffett’s company sold some of its Goldman Sachs and Wal-Mart shares during the third quarter, and made several smaller changes to its stock portfolio. Berkshire Hathaway Inc. filed a report on its U.S. stocks Monday

Rising pay and healthy job market suggest steady US economy _ and maybe solid holiday shopping

WASHINGTON — Americans’ pay is up, fewer people need unemployment aid, more are buying new homes and business spending is rebounding. A flurry of data released Wednesday signaled that the fundamentals of the U.S. economy remain solid, if unspectacular, three

Outdoor retailer Cabela's, under pressure from big stakeholder, may be on the block

NEW YORK — Cabela’s, the outdoor sporting goods chain known for its elaborate store layouts, may be seeking a buyer. The company said early Wednesday that it’s exploring strategic alternatives, sending shares up more than 4 percent before the opening

Grain lower on the CBOT, beef higher, pork lower on the CME

CHICAGO — Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for March delivery was 7.5 cents lower at $4.80 a bushel; March corn was off 3.75 cents to $3.69 a bushel; March oats

Minneapolis council picks 15 to study sick-leave ordinance

Fifteen business owners, workers, and business and labor organization leaders have been tentatively approved as members of a group that will propose a citywide sick-leave ordinance in Minneapolis. The nominees for the Workplace Regulations Partnership were selected by Mayor Betsy

$900M investment, 200 more jobs planned at Ford Chicago plant in deal between automaker, union

CHICAGO — Ford Motor Co. would invest $900 million in its assembly plant on Chicago’s South Side and create about 200 new jobs under a tentative labor agreement between the automaker and United Auto Workers. The Michigan-based automaker would employ

Post-Paris attacks, law enforcement and security experts are still at odds over security tech

NEW YORK — Your phone is getting better and better at protecting your privacy. But Uncle Sam isn’t totally comfortable with that, because it’s also complicating the work of tracking criminals and potential national-security threats. For decades, tech companies have

Review backs state competitive bidding process in UCare decision

The Department of Human Services (DHS) followed the law and used reasonable standards when evaluating competitive bids for public health insurance programs this year, according to a report released Tuesday. The report by the state’s Office of the Legislative Auditor

General Electric to pay $2.25 million for air pollution violations at upstate NY plant

WATERFORD, N.Y. — General Electric Co. has agreed to pay a $2.25 million penalty in releasing potentially unsafe levels of air pollution from a hazardous waste incinerator in upstate New York and submitting false pollution control records. The U.S. Justice

Analysis: Polarized politics meant little suspense in the end on Obama's Keystone decision

WASHINGTON — President Barack Obama’s decision to block the Keystone XL oil pipeline has exposed an endlessly polarized Washington, and likely hardened its divides. Obama is now being praised to the skies by environmentalists and most Democrats, and denounced in

NY attorney general says Peabody agrees to revise shareholder disclosures on climate change

ALBANY, N.Y. — New York’s attorney general says Peabody Energy violated state laws with misleading statements to investors and the public about the financial risks from climate change and potential regulatory responses. Attorney General Eric Schneiderman (SHNEYE’-dur-muhn) says St. Louis-based

With Keystone rebuff, Obama aims for more leverage and credibility in global climate talks

WASHINGTON — For years, President Barack Obama chided Republicans and Democrats alike for treating the Keystone XL pipeline as a signal of whether the U.S. would seriously fight global warming. Now that he’s killed the project, Obama is holding it