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Business News
Warren Buffett's firm to pay $896,000 penalty
OMAHA, Neb. (AP) -- Warren Buffett's company has agreed to an $896,000 penalty for failing to tell regulators about a December 2013 investment in wallboard maker USG Corp. beforehand....
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Zimbabwe economy takes another dive
HARARE, Zimbabwe (AP) -- It is 4 a.m. and people are already lining up outside Zimbabwe's main passport office - four hours ahead of opening time - in hopes of securing a passport that will allow them to escape their country's dearth of opportunities and search for work abroad....
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How the Dow Jones industrial average did Wednesday
The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later. In the bond market, prices fell and yields rose as investors prepared themselves for higher interest rates....
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Hertz and American Eagle are big market movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:...
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Some Fed officials want to slow economic help soon
WASHINGTON (AP) -- Some Federal Reserve officials think the U.S. economy is improving fast enough that the Fed will need to act sooner than previously thought to slow the extraordinary support it's been providing through ultra-low interest rates....
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