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France's Adrien Theaux tops Lake Louise World Cup training

WCup Mens Downhill Skiing

LAKE LOUISE, Alberta (AP) — Frenchman Adrien Theaux had the fastest run Friday in training for the season-opening World Cup downhill Saturday. Theaux finished in 1 minute, 51.54 seconds. The racers finally hit the course after the scheduled first two practice sessions were wiped out Wednesday and...


Business

Financial Markets Glance

Dow Jones Industrials High: 23,599.18 Low: 23,551.59 Close: 23,557.99 Change: +31.81 Other Indexes Standard&Poors 500 Index: 2602.42 +5.34 NYSE Index: 12,421.94 +31.11 Nasdaq Composite Index: 6889.16 +21.80 NYSE Amer Composite: 2604.13 +3.99 Russell 2000 Index: 1519.16 +2.40 Wilshire 5000 TotalMkt:...


Business

Cordray names lieutenant to take over CFPB in challenge to President Trump

(c) 2017, Bloomberg. Richard Cordray announced that Friday would be his last day leading the Consumer Financial Protection Bureau and named one of his lieutenants to immediately take over as acting director, setting up a potential standoff with the Trump administration over the controversial...


Business

Uber's plan to merge Russian business with Yandex approved

(c) 2017, Bloomberg. Yandex NV, Russia’s largest technology company, received local antitrust approval to merge its ride-hailing business with Uber’s in the country, the Russian Federal Antimonopoly Service said Friday. Ordering rides from smartphone apps is driving growth in the Russian taxi...


Business

Oil rally, holiday retail push U.S. stocks higher

(c) 2017, Bloomberg. A rally in oil and optimism at the mall buoyed U.S. stocks to a record at the traditional start of the American holiday shopping season. Retailers sought to build on positive earnings as consumers descended on stores looking for Black Friday bargains. Meanwhile, West Texas...


Business

Macy's irks shoppers with credit-card processing glitch

(c) 2017, Bloomberg. Macy’s is struggling to process credit cards in its stores, a painful setback as the retailer kicks off the holiday season. “It is taking longer than usual to process some credit and gift cards,” Radina Russell, a spokeswoman for the Cincinnati-based chain, said in an email....


Business

More stock records as technology and energy companies rise

Financial Markets Wall Street

NEW YORK (AP) — U.S. stocks set more records in quiet post-holiday trading Friday as technology companies again did much of the heavy lifting. Energy companies rose with the price of oil. Macy’s and some of its retail counterparts rose after the department store’s CEO said Black Friday sales were...


Business

On this Black Friday, some mall visitors come out for more than bargains

(c) 2017, The Washington Post. Like millions of other Americans, Zahid Khattak headed to the mall early the day after Thanksgiving. But unlike many others, he wasn’t stocking up on holiday presents. That, he said, he would do later, online. “This is just an event - an excuse to come out,” he said,...


Business

Uber is sued over massive data breach after paying hackers to keep quiet

(c) 2017, The Washington Post. After Uber revealed that it paid hackers $100,000 to keep quiet about stealing the personal information of 57 million customers and drivers, the company is now facing at least three potential class action lawsuits and separate investigations by the attorneys general...


Business

Amazon merchants still find new ways to cheat in shopping frenzy

(c) 2017, Bloomberg. Mike Molson Hart, who sells toys on Amazon.com Inc.‘s marketplace, realized earlier this month something was amiss. His company’s popular disc-shaped plastic building set, called Brain Flakes, had dropped precipitously in the ranks of Amazon’s best-selling toys as the critical...


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