SAN FRANCISCO – Becoming a lawyer in California isn’t going to get easier after the state Supreme Court decided not to lower the minimum passing score on one of nation’s toughest licensing exams for attorneys. Continue Reading Below The justices on Wednesday acknowledged a drop in the percentage of people […]
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How major US stock indexes fared on Thursday
The major U.S. stock indexes finished mixed Thursday after partially recovering from midday losses. Continue Reading Below The latest gains barely kept winning streaks alive for the Standard & Poor’s 500 index and the Dow Jones industrial average. Both indexes also set new highs. Health care stocks posted some of […]
Muni bond Thursday update: 10-year yield decreases
A look at the AP Municipal Bond Index for Thursday, Oct. 19: Continue Reading Below BIGGEST MOVER: 30-year bonds. Yield decreased 6 basis points over the last week to 2.82 percent. TWO-YEAR: Yield rose less than a basis point to 1.08 percent. The two-year/10-year spread is 118 basis points, down […]
Stitch Fix, an online styling service, files to go public
NEW YORK – Stitch Fix, an online clothing styling service, has filed to go public. Continue Reading Below The company is one of several that ships shoppers clothing to try on at home before they buy. With Stitch Fix, customers pay $20 to receive five clothing items. Customers can ship […]
Tesla Model 3 will have ‘average reliability’: Consumer Reports
Tesla’s (TSLA) newest electric car, the Model 3, will likely have “average reliability” that won’t be on par with the pricier Model S, Consumer Reports said Thursday. Continue Reading Below In its annual reliability survey, Consumer Reports predicted that the Model 3 will offer middle-of-the-road reliability, citing data for the […]
Whiskey barrel plant to be built in flood-ravaged community
CHARLESTON, W.Va. – A new company that makes whiskey barrels out of white oak wood has been born from efforts to rebuild a devastated West Virginia community following deadly floods. Continue Reading Below Officials announced at a news conference Thursday that the West Virginia Great Barrel Co. would be located […]
Little Rock drops Amazon bid in ad: ‘It’s not you, it’s us.’
LITTLE ROCK, Ark. – Arkansas’ capital city pre-emptively broke up with Amazon Thursday rather than submit a long-shot bid for the e-commerce giant’s second headquarters, telling the company in a full-page newspaper ad: “It’s not you, it’s us.” Continue Reading Below The Seattle-based tech giant set off a nationwide race […]
Tax reform snag could pose big market risk
Thursday marks an interesting juxtaposition for investors: the 30th anniversary of Black Monday, the worst one-day stock market crash on record, yet the major U.S. stock indices are hovering near record highs. Continue Reading Below This has created a time for reflection, with investors wondering if lofty equity valuations and […]
Technology companies lead US stocks lower; oil down
Technology companies pulled U.S. stocks slightly lower in afternoon trading Thursday, placing the market on course to snap a four-day winning streak. Cruise lines, fast-food restaurants and other consumer-focused companies also declined. Health care stocks were among the big gainers. Investors were poring over the latest batch of company earnings. […]
Backers of oil terminal pour money into Washington port race
SEATTLE – Developers of a proposed oil-by-rail terminal that would be the largest in the nation have poured big money into a port commissioner race in Washington state that may shape the project’s future. Continue Reading Below Backers of the Vancouver Energy project have given $370,000 in cash to support […]