Business
No Bribery Found Says Wall Street Journal
NEW YORK (UPI) — A spokeswoman for The Wall Street Journal said the newspaper had not found evidence its employees bribed officials in China to obtain stories. “After a thorough review of our operations in China conducted by outside lawyers and auditors, we have not found any evidence of impropriety at Dow Jones,” spokesman Paula […]
Internet Use Grows In Russia
MOSCOW (UPI) — The number of people in Russia using the Internet every day jumped in Russia during the course of the winter, the state-run Public Opinion Foundation said. A study published in December found 46.8 million people in Russia surfed the Web every day. Using figures taken from 20 weekly surveys that included 30,000 […]
Warren Buffett Salary Still $100,000
NEW YORK (UPI) — Multibillionaire U.S. investor Warren Buffett was paid $100,000 in 2012 for his work at his holding company, Berkshire Hathaway Inc., a proxy filing said. Buffett, who purchased the failing textile mill Berkshire Hathaway four decades ago and turned it into an expansive investment conglomerate that, among other investments, runs a railroad […]
House Rejects Minimum Wage Increase
WASHINGTON (UPI) — The House rejected a bill Friday to raise the U.S. minimum wage, with Republicans arguing an increase would hurt “the nation’s job creators.” The Democratic measure would have raised the federal minimum wage to $10.10 in steps over three years. The minimum wage has been $7.25 since July 2009. The vote was […]
Weather Hints At A Better U.S. Crop Season
STATE COLLEGE, Pa. (UPI) — U.S. weather patterns have indicated a more promising growing season in the Midwest and Northeast this year than in 2012, AccuWeather meteorologists said. “The weather pattern over much of the nation this March is vastly different than last March and will translate to a move favorable environment during the growing […]
Consumer Price Index Climbs To 2 Percent
WASHINGTON (UPI) — Core consumer prices ticked higher in February after three months of holding still at 1.9 percent, the U.S. Bureau of Labor Statistics said Friday. Core prices are all categories minus food and energy, which are often more volatile and can disrupt the data. On a 12-month unadjusted basis in February, core prices […]
H&R Block Snafu Delays 600,000 Tax Refunds
KANSAS CITY, Mo. (UPI) — Some 600,000 U.S. H&R Block Inc. clients may have to wait six weeks to get tax refunds because of a company filing error, the Internal Revenue Service said. The tax-preparation giant left fields blank on a document instead of putting “no” in the space for “yes” and “no” questions — […]
Producer Prices Rose In February
WASHINGTON (UPI) — The U.S. Producer Price Index for finished goods matched up with expectations in February, the Bureau of Labor Statistics reported Wednesday. Prices producers received were up 1.7 percent on an annual basis, in line with the consensus forecast. Core prices, which exclude prices for finished food and energy items, also rose 0.2 […]
A Paint-By-Numbers Portrait Of Workers
MILWAUKEE (UPI) — The typical U.S. worker skips breakfast, drives a car to work, parts their hair in the middle and has had a date with a co-worker, a national study found. CareerBuilder said Thursday that in a survey of 3,991 workers conducted from Nov. 1 to Nov. 30, 2012, almost a quarter of respondents, […]
Bank Repossessions At 65-Month Low
IRVINE, Calif. (UPI) — Bank repossessions of property fell 11 percent January to February to a 65-month low, online marketplace RealtyTrac said Thursday. Bank repossessions were down 29 percent from February 2012, posting the lowest number of repossessions since September 2007, the firm said. Foreclosure starts, however, rose 10 percent from January after three months […]
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