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Updated: 13 min 43 sec ago

Google exec urges Congress to increase number of high-skilled immigrant visas

Wed, 03/18/2015 - 5:28pm
The executive chairman at Google is urging Congress to increase the number of high-skilled work visas made available to foreigners and to deal with other immigration issues later on.
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Starbucks CEO defends 'Race Together' push after swift backlash

Wed, 03/18/2015 - 5:27pm
Starbucks CEO Howard Schultz on Wednesday defended the company's new "Race Together" campaign that has been criticized for being naive and even using racial tensions to boost its bottom line.
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Rhode Island governor defends luxury tax proposed for 2nd homes dubbed the 'Taylor Swift tax'

Wed, 03/18/2015 - 5:13pm
The governor of Rhode Island is defending a proposed luxury tax for pricey second homes that has been dubbed the "Taylor Swift tax." Gov. Gina Raimondo says she wants to raise nearly $12 million by implementing a statewide property tax on second homes worth more than $1 million.
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How the Dow Jones industrial average and other major indexes fared on Wednesday

Wed, 03/18/2015 - 5:12pm
Stocks and bonds rallied Wednesday after the Federal Reserve indicated that it's not in a hurry to raise interest rates.
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House, Senate GOP budgets have differences and similarities

Wed, 03/18/2015 - 4:57pm
Republicans controlling the House and Senate have unveiled competing budget plans.
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Here’s What’s Wrong With the U.S. Electoral Process

Wed, 03/18/2015 - 4:54pm
Sometimes it's the candidates you don't hear about, who are the candidates you should be hearing.
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Target to Lift Minimum Wage to $9 an Hour: Source

Wed, 03/18/2015 - 4:46pm
Target will raise the minimum wage for all of its workers to $9 an hour, matching moves made by rivals such as Wal-Mart Stores Inc and TJX Cos, a source familiar with the matter said.
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Labor secretary says new rules on overtime will ready in next few months

Wed, 03/18/2015 - 4:44pm
Labor Secretary Tom Perez told Congress on Wednesday that his agency is still working on President Barack Obama's directive a year ago that the department come up with new rules to make more workers eligible for overtime pay for working beyond their scheduled hours.
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Labor secretary says new rules on overtime pay will ready in next few months

Wed, 03/18/2015 - 4:40pm
Labor Secretary Tom Perez says his agency is still working on President Barack Obama's directive a year ago to come up with new overtime rules so more workers would be eligible for higher pay for working beyond their scheduled hours.
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Transocean's Scraps 4 Rigs, Expects Multimillion-dollar Q1 Charge

Wed, 03/18/2015 - 4:37pm
Transocean Ltd. said late Wednesday it will scrap four rigs, previously slated for sale.
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Williams-Sonoma Shares Fall As West Coast Port Slowdown Dents Profit Forecast

Wed, 03/18/2015 - 4:32pm
Williams-Sonoma Inc. shares fell 2.5% in after-hours trade on Wednesday, after the company gave a disappointing profit outlook for the first quarter and the full fiscal year, citing the negative impact of the West Coast port slowdown.
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Oracle, Adobe, FedEx, Herbalife and Rite Aid are big market movers

Wed, 03/18/2015 - 4:25pm
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Oracle Corp., up $1.26 to $44.13 The software company reported mixed fiscal third-quarter profit and revenue but said its cloud services business grew.
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Environmentalists oppose oil drilling off US East Coast, Alaska, Gulf; industry supports it

Wed, 03/18/2015 - 4:23pm
Environmentalists are speaking out against proposed offshore drilling along the East Coast from northern Virginia to the Georgia-Florida border, while business groups support the plan.
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Before Jeb Bush resigned its board, a Florida firm faced 6 lawsuits from investors, nonprofit

Wed, 03/18/2015 - 4:23pm
In a public move presaging his run for the White House, Jeb Bush resigned from corporate positions at the end of last year.
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Group pushing to legalize marijuana in Massachusetts warns against excessive taxation, fees

Wed, 03/18/2015 - 4:17pm
A group pushing for a 2016 ballot question on legalizing the recreational use of marijuana is warning against imposing excessive taxation or fees on the sale of pot.
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Judge dismisses lawsuit accusing supplement company Herbalife of being illegal pyramid scheme

Wed, 03/18/2015 - 4:14pm
A judge dismissed a lawsuit by Herbalife shareholders who claimed that the business structure and marketing practices of the weight loss and nutritional supplements company violated the law and that they lost money because it amounts to a pyramid scheme.
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Stocks, bonds rally after Federal Reserve indicates no hurry to raise interest rates

Wed, 03/18/2015 - 4:09pm
Stocks and bonds are rallying after the Federal Reserve indicated that it's not in a hurry to raise interest rates.
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New York Gov. Cuomo, Assembly detail legislative ethics agreement, put pressure on Senate

Wed, 03/18/2015 - 4:04pm
Lawmakers would have to disclose their outside income and swipe an electronic card to prove they're on the job to claim travel reimbursements under a new ethics reform proposal from Gov. Andrew Cuomo and Assembly Speaker Carl Heastie.
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The Fed: Impatience Won't Replace Patience

Wed, 03/18/2015 - 4:00pm
The word ‘patient’ may have been removed but the sentiment remains.
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Food fight: US brings case against Indonesia for blocking imports of fruit, produce and meat

Wed, 03/18/2015 - 3:47pm
The United States is escalating a food fight with Indonesia, charging that the Southeast Asian country violates world trade rules by blocking imports of fruit, produce and meat.
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