Articles from the Business section archive

Wednesday, Oct. 15, 2014

HBO unleashes streaming from cable contracts

NEW YORK — Next year HBO is cutting the cord and selling its popular streaming video service HBO Go as a stand-alone product, as more Americans choose to watch the Web, not the TV. 
By Mae Anderson and Michael Liedtke

Whole Foods to roll out rankings for produce

NEW YORK — Whole Foods plans to start rolling out a system that ranks fruits and vegetables as “good,” ‘’better” or “best” based on the supplier’s farming practices.
By Candice Choi

Bank of America earnings slump on legal settlement

NEW YORK — Bank of America, the second-largest U.S. bank by assets, said Wednesday that its earnings slumped in the third quarter after it agreed to a settlement with the government over its sale ...
By Steve Rothwell

US retail sales fell in September on autos and gas

US retail sales fell 0.3 percent in September as spending weakens for autos, gas and furniture.
By Josh Boak

Tuesday, Oct. 14, 2014

Business news

Citigroup will bow out of the retail banking business in 11 markets, part of its ongoing effort since the financial crisis to restructure and slim down.

Global slowdown could lead Fed to delay rate increase

WASHINGTON - Just as the U.S. job market has strengthened, the Federal Reserve confronts a sputtering global economy that has spooked investors across the world.
By Christopher S. Rugaber

Mediterranean restaurant coming to Augusta

Fast-casual Mediterranean chain, Zoës Kitchen, is the latest addition announced for the Washington Crossing shopping center in Augusta.
By Jenna Martin

Wells Fargo reports $5.73 billion profit

Wells Fargo meets 3Q earnings expectations, tops revenue forecasts.

Citigroup to exit 11 markets in restructuring

Citigroup to exit 11 markets, mostly in Latin America, as bank continues to reduce its size.
By Ken Sweet

Johnson & Johnson earns $4.75 billion

Johnson & Johnson tops 3Q profit and revenue expectations.

JP Morgan returns to profit in third quarter

JP Morgan returns to profit in third quarter; Bank sets aside $1 billion for legal costs.

Monday, Oct. 13, 2014

McDonald's fields unappetizing questions about food

McDonald's is confronting unappetizing questions as part of a U.S. campaign to beat back perceptions that it serves Frankenfood.
By Candice Choi

Chase, Wells Fargo harvesting callers' voiceprints

Two of America's biggest retail banks - JPMorgan Chase & Co., and Wells Fargo & Co. - are recording the biometric details of callers' voices to weed out fraud.
By Raphael Satter

Why drop in oil prices could squeeze US economy

Drivers, shippers, airlines enjoy plunge in oil prices, but there are downsides for US economy.
By Jonathan Fahey

ADP spinoff locating in Wells Fargo Building

The dealer services compoany that spun off two weeks ago from Automatic Data Processing is relocating downtown in the Wells Fargo Building.
By Jenna Martin

Fiat Chrysler bounces around in first day on NYSE

Fiat Chrysler shares bounce around in first day of trading on New York Stock Exchange.

Layaway programs spread out payments

Shoppers at many major retailers can find layaway programs underway now that will allow them to reserve merchandise and schedule payments over a set period of time.
By Jenna Martin

Review site Yelp battles extortion claims

Businesses accuse Yelp of extortion by raising or dropping ratings if they don't advertise.
By Paul Elias

Sunday, Oct. 12, 2014

Unequal Pay: Must be a lot of good karma out there

On average, women in the U.S. working full time were paid 78 cents for every dollar that men earned in 2013, according to Census figures.
By Barbara Ortutay

Restaurant inspections

Search databases of the latest restaurant inspection reports for Richmond, Columbia and Aiken counties.

Business news

WASHINGTON - U.S. businesses were much less likely to boost pay in the third quarter than in previous months, even as hiring remained healthy.

Day planner

Tuesday: Augusta Metro Chamber of Commerce Women In Business, An Evening With SIRI - The Woman Behind the Voice; 6:30 p.m.; Legends Club, 2701 Washington Road, Augusta; $55 members, $65 nonmembers; (706) 821-1318

Biz Bits

F. MICHAEL TAYLOR Award/honor: Named in Best Lawyers in America 2015, based on a peer-review survey, for personal injury litigation.

On The Move

Dr. Santosh Varkey Job title: Electrophysiologist

Good deeds

The charity golf tournament co-sponsored by Century 21 Larry Miller Realty and the Citizens of Georgia Power - Plant Vogtle Chapter raised $34,072 to benefit Easter Seals East Georgia and the United Way of the CSRA.

Top headlines

Democrats target turnout for Sunday voting

Registered voters in Augusta-Richmond County can cast ballots in the Nov. 4 election from 11 a.m. to 4 p.m. Sunday in the Advance Voting Center at Augusta Municipal Building, 530 Greene St.
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