Business_Finance
Latest Stories
california_pensions_13602.jpg
FILE - In this Monday, Dec. 19, 2016, file photo, members of the California Public Employees' Retirement System, CalPERS listen to discussion about reinvesting in tobacco stocks in Sacramento, Calif. The board decided Monday to sell off its last $550 million worth of tobacco-related investments nearly two decades after trading away the bulk of them. California's largest pension system is downgrading its expectations for investment earnings, meaning government agencies will likely have to contribute more tax dollars to retirement benefits for public employees. The decision Wednesday, Dec. 21. 2016, by the CalPERS' board responds to long-term financial pressures and projections of lower returns on global investments over the next decade. (AP Photo/Jonathan J. Cooper, File)
Mickey Mouse Disney Facebook.jpg
The Walt Disney Company announced Wednesday, Dec. 21, 2016, that it is teaming up with Snapchat to create new shows. (Facebook, Walt Disney Company)
fugitive_real_estate_heir_82395.jpg
Real estate heir Robert Durst, center, appears in a courtroom for a hearing with his attorneys, Dick DeGuerin, left, and David Chesnoff, Wednesday, Dec. 21, 2016, in Los Angeles. (AP Photo/Jae C. Hong, Pool)
fugitive_real_estate_heir_72271.jpg
Real estate heir Robert Durst, right, sits in a courtroom as his attorney Dick DeGuerin talks to the judge during a hearing Wednesday, Dec. 21, 2016, in Los Angeles. (AP Photo/Jae C. Hong, Pool)
fugitive_real_estate_heir_64388.jpg
Real estate heir Robert Durst sits in a courtroom during a hearing Wednesday, Dec. 21, 2016, in Los Angeles. (AP Photo/Jae C. Hong, Pool)
fugitive_real_estate_heir_19696.jpg
Real estate heir Robert Durst, center, is brought into a courtroom in the wheelchair for a hearing Wednesday, Dec. 21, 2016, in Los Angeles. At left is his attorney David Chesnoff. (AP Photo/Jae C. Hong, Pool)
west_texas_oil_64781.jpg
ADVANCE FOR SUNDAY, DEC. 25, 2016- In this Friday, Dec. 16, 2016 photo, prospects for employment in the oil field are beginning to have positive signs as indicated by this hiring sign in front of the Halliburton facility in Odessa, Texas. (Mark Sterkel/Odessa American via AP)
cross_pens_26034.jpg
A pen that the A.T. Cross Co. says is made partly from melted-down assault rifles is on display as employees watch an opening ceremony for a new flagship A.T. Cross Co. store, Wednesday, Dec. 21, 2016, in Providence, R.I. The 170-year-old pen maker says sales of the pen will help fund the destruction of weapons in Africa. (AP Photo/Matt O'Brien)
cross_pens_17363.jpg
Rhode Island Gov. Gina Raimondo, left, signs a formal business citation at A.T. Cross Co.'s new flagship retail store, Wednesday, Dec. 21, 2016, in Providence, R.I. The 170-year-old maker of high-end pens recently moved its headquarters to Providence from suburban Lincoln, R.I. (AP Photo/Matt O'Brien)
cross_pens_44022.jpg
Rhode Island Commerce Secretary Stefan Pryor, left, talks with A.T. Cross Co. CEO Robert Baird, right, at the opening of the company's new flagship store, Wednesday, Dec. 21, 2016, in Providence, R.I. The state offered $1.9 million in incentives to help the 170-year-old pen maker expand its workforce and open a new corporate headquarters in Providence. (AP Photo/Matt O'Brien)
smallbiz-small_talk-online_retail_growth_24150.jpg
In this Thursday, Dec. 15, 2016, photo, Andrew Jacobs, right, owner of JAM Paper and Envelope, and the company's graphic designer, Ruth Wagner, re-stock a store shelf, in New York. JAM now gets so much of its revenue online that the company has scaled back from five stores to a single Manhattan location, Jacobs says. (AP Photo/Bebeto Matthews)
smallbiz-small_talk-online_retail_growth_08150.jpg
In this Thursday, Dec. 15, 2016, photo, Andrew Jacobs, left, owner of JAM Paper and Envelope, and store manager Rosie Ramirez, confer on bag inventory covering a full wall in the store, in New York. JAM now gets so much of its revenue online that the company has scaled back from five stores to a single Manhattan location, Jacobs says. (AP Photo/Bebeto Matthews)
smallbiz-small_talk-online_retail_growth_14945.jpg
In this Thursday, Dec. 15, 2016, photo, Andrew Jacobs, owner of JAM Paper and Envelope, goes online to the company's e-commerce site, in New York. JAM now gets so much of its revenue online that the company has scaled back from five stores to a single Manhattan location, Jacobs says. (AP Photo/Bebeto Matthews)
mark_zuckerberg_jarvis_69476.jpg
In this Nov. 19, 2016, file photo, Mark Zuckerberg, chairman and CEO of Facebook, speaks at the CEO summit during the annual Asia Pacific Economic Cooperation (APEC) forum in Lima, Peru. Zuckerberg unveiled his new artificial intelligence assistant named "Jarvis" in a Facebook post on Dec. 19, 2016. (AP Photo/Esteban Felix, File)
Trump_Bush_21691.jpg-772ee.jpg
ExxonMobil CEO and chairman Rex W. Tillerso. *FILE (AP Photo/Jon Gambrell, File)
Obama.jpg
President Obama used authority in a section of the Outer Continental Shelf Lands Act, a 1953 law, to ban the drilling. (Associated Press)
pacers_knicks_basketball_93746.jpg
New York Knicks forward Carmelo Anthony drives against Indiana Pacers forward Paul George (13) during the first quarter of an NBA basketball game Tuesday, Dec. 20, 2016, in New York. (AP Photo/Julie Jacobson)
Fracking_Drinking_Water.JPEG-d5bf3.jpg
FILE - In this June 25, 2012 file photo, a crew works on a gas drilling rig at a well site for shale based natural gas in Zelienople, Pa. Hydraulic fracturing to drill for oil and natural gas poses a risk to drinking water in some circumstances, but a lack of information precludes a definitive statement on how severe the risk is, the Environmental Protection Agency says in a new report that raises more questions than answers. (AP Photo/Keith Srakocic, File)
oklahoma_budget_16671.jpg
Preston Doerflinger, Oklahoma's secretary of finance, speaks during a news conference in Oklahoma City, Tuesday, Dec. 20, 2016. Doerflinger said that the hole in next year's budget is expected to be about $868 million, or more than 12 percent of state spending, significantly more than Gov. Mary Fallin estimated last week. (AP Photo/Sue Ogrocki)
oklahoma_budget_11658.jpg
Preston Doerflinger, Oklahoma's secretary of finance, speaks during a news conference in Oklahoma City, Tuesday, Dec. 20, 2016. Doerflinger said that the hole in next year's budget is expected to be about $868 million, or more than 12 percent of state spending, significantly more than Gov. Mary Fallin estimated last week. (AP Photo/Sue Ogrocki)