Business

Can anything stop the stock market’s relentless rise?

By STAN CHOE and MARLEY JAY The Associated Press NEW YORK — It’s been 365 days since the Dow Jones industrial average first crossed 20,000, and it’s already up another 30-plus percent as the stock market’s relentless rise to records keeps going. Few market watchers see a sharp ...

Comcast hopes for a TV windfall from Super Bowl, Olympics

By TALI ARBEL The Associated Press NEW YORK — Comcast’s NBC is airing both the Super Bowl and the Olympics in February, a double-whammy sports extravaganza that the company expects to yield $1.4 billion in ad sales, helping it justify the hefty price it’s paying for both events. NBC ...

JPMorgan raising wages, hiring, opening more branches

By KEN SWEET The Associated Press NEW YORK — JPMorgan announced Tuesday that it will boost wages, open new branches and hire thousands of new workers, citing improved economic performance and sweeping changes to the U.S. tax code. Wages will rise to between $15 and $18 an hour from a ...

Tax law makes small businesses rethink ideas

NEW YORK (AP) — As Congress debated a new tax law at the end of last year, Jerell and Elissa Klaver began revising their company’s plans for 2018. The Klavers crunched the numbers, estimating how a lower tax rate and bigger deductions on equipment purchases could help increase their sales ...

Don’t want to bother with cat litter? Japan offers robots

By YURI KAGEYAMA The Associated Press TOKYO — Japan, home of the “kawaii” cult of cute, has always had a soft spot for companion robots, in contrast to the more industrial or mechanical types used for assembly lines, surgeries and military missions. The Associated Press spent some ...

Authentically handmade?

By ALEXANDRA OLSON The Associated Press NEW YORK — Guatemalan women skilled in traditional Mayan beadwork technique have made chic pillows and pouches for West Elm. Hand-dyers in India, using petals collected from discarded Hindu temple floral offerings, help craft scarves for Eileen ...

Edmunds recommends 15 used cars for under $15K

By WILL KAUFMAN Edmunds Depreciation may be the bane of new-car buyers, but it’s also the reason so many shoppers buy used. We scoured our annual Edmunds New Car Buying Guides from years past to see what cars we loved back in the day can now be had for $15,000 or less. For each vehicle, ...

Trump claims credit for what is still mostly Obama’s economy

By CHRISTOPHER RUGABER The Associated Press WASHINGTON — President Donald Trump relentlessly congratulates himself for the healthy state of the U.S. economy, with its steady growth, low unemployment, busier factories and confident consumers. But in the year since Trump’s inauguration, ...

Intel underfoot: Floor sensors rise as retail data source

By IVAN MORENO The Associated Press MILWAUKEE — The next phase in data collection is right under your feet. Online clicks give retailers valuable insight into consumer behavior, but what can they learn from footsteps? It’s a question Milwaukee-based startup Scanalytics is helping ...

Uber nearing autonomous cars without human backup driver

By TOM KRISHER The Associated Press DETROIT — Uber plans to carry passengers in autonomous vehicles without human backup drivers in about the same time frame as competitors, which expect to be on the road at the latest sometime next year, the service’s autonomous vehicle chief said ...

Owners help employees deal with emotional problems

NEW YORK (AP) — An employee is severely depressed and unable to complete a task. Or has mood swings and outbursts, unnerving colleagues and disrupting the workplace. These are some of the hardest situations small business owners and managers can face. John Crossman has had employees at his ...

Politics weighs heavily on foreign businesses in China

By JOE McDONALD The Associated Press BEIJING — Politics weighs more heavily on foreign companies in China than it has in nearly three decades. The latest flashpoint was Beijing’s fury last week at hotel keeper Marriott and other companies that labeled self-ruled Taiwan a country on ...

Apple plans to build second campus

By MICHAEL LIEDTKE The Associated Press SAN FRANCISCO — Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. that will be partially financed by an upcoming windfall from the country’s new ...

Red Lobster’s plan: Kitchen upgrades, small-plate dishes

By JOSEPH PISANI The Associated Press NEW YORK — What’s on the menu for Red Lobster’s future? Delivery, online ordering and snack-friendly dishes, such as fries topped with cheese, fried clams and a layer of chowder. The chain, which turns 50 this year, hopes the moves will hook ...

Emirates throws Airbus A380 a lifeline with $16 billion deal

By AYA BATRAWY and JON GAMBRELL The Associated Press DUBAI, United Arab Emirates — The Middle East’s largest airline, Emirates, is throwing Airbus a lifeline for its troubled A380 jumbo jet. The carrier said Thursday it struck a deal with Airbus to buy 20 of its A380 double-decker ...

Bad gifts still hanging around? Six ways to get rid of them

By ANNE D’INNOCENZIO The Associated Press NEW YORK — With the holidays gone, some people still have bad gifts hanging around. Time is ticking, since many retailers have 30-day return windows. But those who have waited can still find a few ways to discard weird sweaters or duplicate air ...

Snowfall has billion-dollar effect on business

PARK CITY, Utah — It’s no stretch to say that snow is the key to success for Jon Lillis. The reigning world champion in aerials skiing is also a restaurant owner in Park City, and business at his hotpot eatery increases by more than 100 percent when nearby ski resorts are open. So, when ...

Despite age and doubters, bull market looks to keep running

NEW YORK — Wall Street is forecasting another year of gains for stocks in 2018, even as worries rise that the end may be nearing for one of the market’s greatest runs in history. The Standard & Poor’s 500 index has nearly quadrupled since the dark days of early 2009, and this bull ...

Florida, Texas may attract athletes after tax law change

NEW YORK — Teams in Texas, Florida, Nevada and Washington state may have become more attractive destinations for free agents following the enactment of tax law changes. Deductions for state and local taxes are capped at $10,000 in the year starting Jan. 1 for married couples filing jointly. ...

As good as 2017 was, 2018 will be even better!

The Fulton Montgomery Regional Chamber of Commerce has had an astounding 2017, offering many new member benefits, while bringing on some new and exciting events. Let's start with some of our "perennials." As usual, this is the season when our Chamber Checks activity is kicked into high gear. ...