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Business News
Jacobs Engineering CEO to retire this year
PASADENA, Calif. (AP) -- The construction services firm Jacobs Engineering says CEO Craig Martin will step down in late December because of health reasons....
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Alco Stores to close following bankruptcy order
DALLAS (AP) -- Small-town discount retailer Alco Stores will close after a U.S. Bankruptcy Court in Dallas approved an order by the company's creditors to shutter its stores....
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How the Dow Jones industrials did on Friday
U.S. stocks closed higher Friday, edging further into record territory as investors welcomed a move by China to stimulate its economy by lowering interest rates....
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GameStop and Gap are big market movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:...
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China, Europe chase growth amid global slowdown
BEIJING (AP) -- China's central bank unexpectedly slashed interest rates on Friday to re-energize the world's No. 2 economy, joining a growing list of major economies that are trying to encourage growth in the face of a global slowdown....
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