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Business News
ABN Amro directors renounce pay increase amid public outrage
THE HAGUE, Netherlands (AP) -- ABN Amro board members are giving up a 100,000-euro ($110,000) pay increase after the Dutch government delayed a decision on selling the nationalized bank amid public outrage at the raise....
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Duke Energy CEO loses $600K in pay over coal ash pollution
RALEIGH, N.C. (AP) -- Duke Energy Corp. CEO Lynn Good saw her pay docked about $600,000 in the aftermath of last year's massive spill of collected coal ash that coated 70 miles of a North Carolina river in sludge containing toxic heavy metals....
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Best Buy closes Canadian Future Shop brand, 1,500 lose jobs
Best Buy is laying off 500 full-time and 1,000 part-time employees in Canada as it consolidates operations....
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Audit: Maryland misallocated $28.4M for health exchange
ANNAPOLIS, Md. (AP) -- Maryland misallocated $28.4 million in federal money for its flawed health care exchange and should pay the money back, according to a federal audit released Friday....
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Yellen: A rate increase may be warranted later this year
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen said Friday that continued improvement in the U.S. economy means an increase in the Fed's key interest rate could come later this year....
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