Political conventions and Real estate at Economy News

Economy

Convention can be profitable for small businesses
For entrepreneurs outside the Democratic National Convention, the easy part may be the hours of smoking meat, screen-printing T-shirts or pumping out ...
NY court weighs if lap dance is tax-exempt art
No one would confuse the Nite Moves strip club with the Bolshoi Ballet, but what the lap dancers do there is art and entitled to the same tax ...
Qantas, Emirates ink 10-year partnership
Qantas Airways Ltd. on Thursday signed a 10-year partnership deal with rival Emirates, ending a long-term relationship with British Airways in a bid ...
Ben & Jerry's sues over X-rated 'Ben & Cherry's'
Ben & Jerry's sued the maker of "Ben & Cherry's" X-rated DVDs Wednesday, saying the "hardcore pornographic" films have smeared the ice cream maker's ...
Ex-Penguin rep sues, says publisher discriminated
A longtime spokeswoman for Penguin Group (USA) is suing the publisher, alleging age discrimination and an "orchestrated, coordinated" effort to drive ...
Radio host Beck renews attack on American Airlines
Radio talk show host Glenn Beck isn't backing down from his public attack on American Airlines. For a second straight day, Beck on Wednesday used his ...
Oil from BP spill uncovered by Isaac's waves
Waves from Hurricane Isaac uncovered oil previously buried along Gulf Coast beaches, exposing crude that wasn't cleaned up after the BP spill in 2010.
Facebook stock up on Zuckerberg's no-sale pledge
Facebook's stock increased nearly 5 percent on Wednesday following a disclosure that its CEO, Mark Zuckerberg, won't sell stock in the company for at ...
Ford issues another recall of the new Escape
Ford is recalling 7,600 new Escapes to fix coolant leaks that can cause engines to overheat or catch fire. The recall affects 2013 models with 1.
US productivity grew at 2.2 pct. rate in spring
U.S. companies got more output from their workers this spring than initially thought. Productivity rose at a modest 2.2 percent annual rate in the ...
GOP convention helps Univision win viewers 18-49
Univision can thank the Republicans for a milestone week in the television ratings. Nielsen said the Spanish-language network topped prime-time ...
Consumer group sues FDA over Aricept safety
A consumer group pressing the Food and Drug Administration to remove the highest dose of an Alzheimer's disease drug from the market is suing the ...
Oil prices fall ahead of key European bank meeting
The price of oil is falling as worries about the global economy offset expectations that Europe may announce a new plan to help the region's fragile ...
Revlon will cut 250 jobs, restructure operations
Makeup company Revlon Inc. said Wednesday it is cutting 250 jobs, or about 5 percent of its workforce, as it exits two plants in a broad restructuring ...
Gazprom shares down as EU opens antitrust probe
Shares in Russian oil and gas giant Gazprom suffered their biggest drop in five weeks Wednesday, on news that it is the subject of a European ...
FBI disputes claims of hackers' Apple data breach
The FBI on Tuesday disputed a computer hacker group's claim that it stole personal identification data on millions of Apple device owners from an FBI ...
Nokia, Motorola to unveil new gadgets at NY events
Nokia and Motorola are set to show off new devices at separate events in New York on Wednesday. The announcements will come just before Apple is ...
RBS insurance unit plans 900 job cuts
The insurance division of Royal Bank of Scotland says it plans to cut nearly 900 jobs as it prepares for a stock market flotation. The European ...
Samsung in hot seat over abusing Chinese workers
Fresh off a billion-dollar loss in a patent fight with rival smartphone maker Apple, embattled Samsung Electronics Co. now finds itself accused by a ...
Daimler's Mercedes-Benz has record August sales
Mercedes-Benz is reporting record sales of its luxury cars and SUVs in August even though sales slipped in its home market of Germany. The flagship ...
Malaysia rare earths plant wins license to operate
Australian miner Lynas Corp. says it has secured the Malaysian government's approval to fire up a controversial rare earths plant. The operating ...
Huawei calls for cybersecurity cooperation
Chinese telecoms equipment maker Huawei Technologies Ltd. has issued a report on cybersecurity that includes a pledge never to cooperate with spying ...
Bankruptcy judge throws out AMR pilots' contract
American Airlines took a major step toward emerging from bankruptcy Tuesday, when a federal judge threw out its pilots' union contract. The airline's ...
McDonald's to beef up in India with meatless menu
McDonald's Corp., the fast food chain that brought the hamburger to the world, is opening what may be its first vegetarian-only restaurants.
Pickup trucks drive US auto sales to 3-year high
Big pickups carried U.S. auto sales to their highest level in three years. Demand for full-size pickups jumped 16 percent in August, helping to make ...