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Westar announces wind deal to meet Kansas renewable-energy rule as debate over repeal looms

Tue, 12/16/2014 - 6:31pm
Kansas' largest electric company announced plans Tuesday to buy power from a wind farm under development to meet a state renewable-energy mandate, as legislators prepared for another debate over repealing the requirement.
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Olive Garden owner Darden Restaurants reports second-quarter loss of $32.8 million

Tue, 12/16/2014 - 6:16pm
Darden Restaurants Inc. says sales improved at Olive Garden during the fiscal second quarter, helping the company beat market expectations for the period.
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Maine regulators approve $25,000 fine for natural gas company over safety violations

Tue, 12/16/2014 - 6:16pm
The Maine Public Utilities Commission on Tuesday signed off on a $25,000 fine for a natural gas company for safety violations.
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California home prices cool in November as lack of affordability, low inventory hamper sales

Tue, 12/16/2014 - 6:02pm
California home prices cooled in November as lack of affordability and low inventories kept potential buyers on the sidelines, a research firm said Tuesday.
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TSA chief: Profiling rules exemption necessary for extra scrutiny of some travelers

Tue, 12/16/2014 - 6:02pm
The head of the Transportation Security Administration says it was necessary to exempt the agency from new Obama administration rules restricting racial profiling by the government so the TSA can target travelers for extra scrutiny based on their nationality and gender.
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API Reports Crude Supplies Up 1.9 Million Barrels

Tue, 12/16/2014 - 6:00pm
The American Petroleum Institute on Tuesday reported U.S. crude-oil rose by 1.9 million barrels, according to reports.
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Darden Sales Rise on Growing Demand at Olive Garden

Tue, 12/16/2014 - 5:56pm
Darden Restaurants reported a 4.9 percent rise in quarterly sales, helped by higher comparable sales at its flagship Olive Garden chain, and raised the lower end of its adjusted profit forecast for the full year.
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SeaWorld Postpones Quarterly Dividend

Tue, 12/16/2014 - 5:56pm
SeaWorld Entertainment Inc. announced plans Tuesday to postpone its regular fourth quarter dividend to January, citing debt covenants.
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American Apparel Shares Surge After Dov Charney Fired

Tue, 12/16/2014 - 5:32pm
American Apparel Inc. shares rose in the extended session Tuesday after the company fired suspended CEO Dov Charney.
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Darden Restaurants' Stock Rises After Beating Profit, Sales Expectations

Tue, 12/16/2014 - 5:22pm
Darden Restaurants' stock rose 1.3% in after-hours trade Tuesday, after the casual-dining restaurant chain reported better-than-expected fiscal second-quarter profit and sales.
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Union files federal lawsuit to block sale of Verso Paper mill in Bucksport, save jobs

Tue, 12/16/2014 - 5:18pm
A union representing some workers at the 84-year-old Verso Paper mill has filed a federal lawsuit to halt the sale of the facility.
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A list of the top 20 prime-time programs in the Nielsen ratings for Dec. 8-14

Tue, 12/16/2014 - 5:18pm
Prime-time viewership numbers compiled by Nielsen for Dec. 8-14.
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American Apparel taps retail and fashion veteran for CEO position following founder's ouster

Tue, 12/16/2014 - 5:16pm
American Apparel has named fashion veteran Paula Schneider to be its next CEO, replacing founder Dov Charney, who was ousted in June.
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How the Dow Jones industrial average and other major indexes fared on Tuesday

Tue, 12/16/2014 - 5:16pm
Sudden twists in the price of oil and currency trading turned the stock market into a roller-coaster ride.
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Volatility Reigns As Markets Seesaw

Tue, 12/16/2014 - 5:13pm
Crude oil continued its slide overnight  and a surprise interest rate hike by Russia in an effort to stabilize the falling Rouble which has been hard pressed in the wake of oil’s recent losses, had the U.S. markets poised for another down day.  Oil reversed course in the late morning bouncing the equity markets off their lows and even into positive territory before sentiment turned negative again driving the markets to a lower close.
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Stocks Erase Gains as Russia Takes Center Stage

Tue, 12/16/2014 - 5:11pm
Stocks erased gains and closed near session lows Tuesday as concerns over the Russian economy took center stage.
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U.S. Stocks End Volatile Session Lower

Tue, 12/16/2014 - 5:09pm
The U.S. stock market suffered big swings in opposite directions amid high volume on Tuesday, ending the day at session lows.
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Fallout from troubled Russia risks triggering default and increased aggression in Ukraine

Tue, 12/16/2014 - 5:04pm
Russia's suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy.
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GE Sees Positives In Crude Oil's Slide

Tue, 12/16/2014 - 4:48pm
Crude oil's slump could help General Electric in certain ways, the conglomerate said in a presentation to investors on Tuesday.
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GE Expects 2015 Industrials Units Profit to Rise At Least 10%

Tue, 12/16/2014 - 4:10pm
General Electric said it expects profit from its industrial units to rise by at least 10 percent in 2015, as the conglomerate cuts reliance on its financial services business.
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