What Gulf businesses need to do to get ready for VAT
Dubai: The implementation of value-added tax (VAT) could pose some operational issues to businesses in the Gulf Cooperation Council (GCC) region, especially if they...
United, after years of declining revenue, hits the thrusters
DALLAS -- United Airlines, which lost the distinction of being the world's biggest carrier after shrinking for several years, plans to regain lost ground...
Buffett’s bite of Apple even bigger than thought
OMAHA, Neb. -- Billionaire Warren Buffett, famously leery of technology companies, has loaded up on Apple shares after noticing how inseparable iPhone users are...
Family Christian to close 240 stores, 9 in Illinois
Christian faith-based gift and book store chain Family Christian is closing all of its 240 stores nationwide, including nine in Illinois.Stores in Algonquin, Batavia,...
South Korean prosecutors to indict Samsung exec
SEOUL, South Korea — South Korean special prosecutors said they will indict Samsung’s de facto chief Tuesday on bribery, embezzlement and other charges linked...
ADB says Asia needs to double infrastructure spending
CaptionCloseMANILA, Philippines (AP) — Developing countries in Asia and the Pacific will need to spend up to $1.7 trillion a year, or $26 trillion...
Growing problem: Pot lights give ham radio operators a buzz
CaptionCloseAUGUSTA, Maine (AP) — Retired Coast Guard officer Roger Johnson sometimes notices a harsh buzz when he turns on his amateur radio, and he...
Alteryx Files for $75 million IPO
Alteryx Inc., a software maker in Irvine, aims to raise $75 million in an initial public offering.The company applied to be listed under AYX...
Report: Uber exec out after failing to disclose allegation
CaptionCloseNEW YORK (AP) — A top engineering executive at Uber, Amit Singhal, is out five weeks after his hire was announced. According to a...
Wall Street gadfly Mike Mayo is among latest layoff casualties
Mike Mayo, an outspoken Wall Street analyst who was often a thorn in bank CEOs’ sides, was laid off with about 90 other people...
Time Warner-AT&T deal likely won’t be reviewed by FCC
Time Warner stock hit a 52-week high Monday after the Federal Communications Commission’s new chairman said he doubted his agency would review AT&T’s proposed...
SpaceX plans first flight of private, paying astronauts around the moon
In a first, SpaceX officials said Monday that the company plans to fly private, paying citizens around the moon next year. It would mark...
Nearly 2 dozen hurt, 1 dead in Kramer Junction bus crash
KRAMER JUNCTION >> One woman died and nearly two dozen people were injured in a crash near Kramer Junction involving a bus...
Get ready, drivers: Gas prices in the region tip $3 mark
An increase in oil prices and the upcoming implementation of California’s proprietary summer blend has pushed gas above $3 a gallon across much of...
Former jewelry store workers claim sexual harassment
Scores of former workers at the company that owns popular jewelry stores such as Zales, Kay Jewelers and Jared’s Galleria, say managers promoted a...