Business News

AP Top Business News At 11:22 p.m. EDT

Apple CEO publicly acknowledges that he's gay
NEW YORK (AP) -- Apple CEO Tim Cook's declaration that he's "proud to be gay" wasn't exactly news in Silicon Valley, where his sexual orientation was no secret. But advocates say that given Apple's immense reach and visibility, his coming-out could help change attitudes in workplaces across America....

Citi cuts earnings due to regulatory probes
NEW YORK (AP) -- Citigroup has slashed its third-quarter earnings by $600 million, saying that recent investigations by regulators have altered the results it reported earlier this month....

Not so sweet: Chocolate prices are set to rise
NEW YORK (AP) -- That bowl of chocolates for ninjas and ghosts won't cost you more this Halloween. Picking the perfect sweet for your Valentine could....

Lawsuit: Surgical gowns let diseases pass through
LOS ANGELES (AP) -- A $500 million lawsuit against Kimberly-Clark Corp. alleges the company falsely claimed its surgical gowns protected against Ebola and other infectious diseases....

Nevada court says Strip club dancers are employees
LAS VEGAS (AP) -- In a legal decision with wide implications for strip clubs in Sin City, the Nevada Supreme Court ruled Thursday that dancers at one Las Vegas club are employees, not independent contractors, and are entitled to be paid minimum wage....

US turns up heat on Takata over air bag problem
DETROIT (AP) -- U.S. safety regulators are ordering Japanese auto supplier Takata Corp. to provide more information about air bags that can explode and shoot shrapnel toward drivers and passengers....

Japan's inflation slips as jobless rate edges up
TOKYO (AP) -- Japan's economic recovery remained in the doldrums in September, as household spending fell, inflation edged lower and unemployment ticked up....

Starbucks plans delivery after sales fall short
NEW YORK (AP) -- After reporting disappointing quarterly sales Thursday, Starbucks said it will offer a delivery option on its mobile app in select areas of the U.S starting next year....

Big gain in Visa drives Dow average higher
NEW YORK (AP) -- Solid quarterly results from a range of big companies helped send the stock market slightly higher Thursday. The standout was Visa, whose 10 percent jump helped tug the Dow Jones industrial average up nearly 200 points....

Online stores fight Amazon for piece of retail pie
NEW YORK (AP) -- Amazon.com's low prices and seemingly endless array of goods have made it the biggest online retailer in the U.S., commanding about 20 percent of all e-commerce. The company is projected to have over $89 billion in revenue this year. Its massive success has driven other sites to offer similar perks and deals to woo customers and hold on to their piece of the retail pie. Some retailers now even offer to match Amazon's prices to try to win your business....

Business Video
Multimedia
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Unemployment by the numbers
Up to the Minute
Rivals gear up for next round of Tenn. whiskey war

Kum & Go chain settles disabilities lawsuit

Citi cuts earnings due to regulatory probes

Starbucks plans delivery after sales fall short

Strengthening US growth reflects help from Fed

How the Dow Jones average fared Thursday

Williams-Sonoma fined $700,000 for faulty shades

Visa and Baidu are big market movers

Big gain in Visa drives Dow average higher

Figures on government spending and debt


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