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Business

Business

Postal Service reports billions in losses

Guest Contributor -
WASHINGTON (AP) -- The Postal Service is continuing to hemorrhage money, reporting a loss Tuesday of more than $2 billion over the first three...
Business

Microsoft agrees to buy Skype for $8.5B

Guest Contributor -
NEW YORK (AP) -- Microsoft Corp. said Tuesday that it has agreed to buy the popular Internet telephone service Skype SA for $8.5 billion...
Business

Weak economy leads Charlotte paper to cut 26 jobs

Guest Contributor -
CHARLOTTE, N.C. (AP) -- The Charlotte Observer says it will cut 26 employees as the newspaper continues to battle slumping advertising revenues because of...
Business

Facebook sharing sending readers to big news sites

Guest Contributor -
SAN FRANCISCO (AP) -- Facebook is influencing what news gets read online as people use the Internet's most popular hangout to share and recommend...
Business

McDonald’s sales figure rises 6 percent in April

Guest Contributor -
OAK BROOK, Ill. (AP) -- Strong sales of McDonald's McCafe drinks and breakfast items in April drove a key revenue measurement up 6 percent...
Business

Oil rebounds on weaker US dollar

The Associated Press Associated Press -
Oil prices rebounded Monday, at one point topping $100 a barrel. Investors again saw oil as an attractive investment after last week's plunge. A...
Business

Stocks mixed after commodity prices rise

STAN CHOE AP Business Writer -
NEW YORK (AP) -- Stocks are mixed at the opening of trading after commodity prices rose, along with worries about Greece's debt problems. Crude...
Business

Black Business Profile

Guest Contributor -
Full name of business: Morse Clay Accounting Address: 2302 Dearborn St. Indianapolis, IN 46218 Phone: (317) 717-1056 E-mail: eleena@emorseaccounting.com Year Opened: 2000 Owner: Eleena...
Business

Business briefs

Guest Contributor -
Recorder president makes history Shannon Williams, president of the Indianapolis Recorder Newspaper, Indiana Minority Business Magazine and Georgia Minority Business Magazine, was recently elected...
Business

Stocks fall in early trading on weak earnings

CHIP CUTTER AP Business Writer -
NEW YORK (AP) -- The earnings rally of the last two weeks has finally lost some luster. The parade of stronger-than-expected reports slowed Tuesday...
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