Business Headlines

Microsoft Skips Windows 9 to Emphasize Advances

Updated: 6:46 AM - Microsoft says the next version of its flagship operating system will be called Windows 10, as the company skips version 9 to emphasize advances it is making toward a world centered around mobile devices and Internet services.
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New to Netflix: September 30, 2014

Updated: 09/30/2014 - The popular online streaming video service, Netflix, frequently adds new movies and television shows for its customers to watch.
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Dothan Gun & Knife Show

Posted: 09/28/2014 - Wiregrass residents stocked up on firearm and ammo supplies Sunday during the last day of the Dothan Gun and Knife Show.

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  • U.S. factories lose steam but private sector steps up hiring

    Workers assemble built-in appliances at the Whirlpool manufacturing plant in ClevelandBy Jason Lange WASHINGTON (Reuters) - Growth in U.S. factory activity slowed more than expected in September even as hiring in the private sector accelerated, signs of an uneven expansion in the U.S. economy. The Institute for Supply Management said on Wednesday its index of national factory activity dropped to 56.6 last month, its lowest level since June, from 59.0 in August. Economists had forecast it would slide to just 58.5. A gauge of new orders fell to 60.0 from 66.7. Analysts have warned that U.S. ...


  • Ebola concerns lift Lakeland and Alpha in heavy trading

    Traders work on the floor of the New York Stock ExchangeBy Ryan Vlastelica NEW YORK (Reuters) - Shares of Lakeland Industries and Alpha Pro Tech rallied on Wednesday in heavy trading, following news a day earlier of the first diagnosis of a patient in the United States with Ebola. Lakeland, which makes protective clothing for healthcare and first responders, rose 8.4 percent to $7.53 on volume of about 1.4 million shares, many times its 50-day average of about 81,300. Wednesday was the most active day for the stock since June 2004. Alpha Pro Tech, whose infection control unit makes face masks and eye shields, rose 4 percent to $3.38. ...


  • New York Times to cut jobs as new products disappoint

    The sun peaks over the New York Times Building in New YorkBy Subrat Patnaik (Reuters) - The New York Times Co said it would cut jobs, including about 7.5 percent of newsroom positions, to slash costs as its print advertising revenue dwindles and new products - while "journalistic sensations" - fail to live up to expectations. The company's shares rose as much as 10 percent to $12.36 on the New York Stock Exchange. The publisher will cut 100 newsroom jobs and a smaller number of positions elsewhere, offering buyouts and resorting to layoffs if enough employees do not leave voluntarily, according to a letter to staff. ...


  • Exclusive: Goldman leads investment by Wall Street in new communications platform

    A Goldman Sachs sign is seen over the company's trading stall on the floor at the New York Stock ExchangeBy Lauren Tara LaCapra NEW YORK (Reuters) - After spending two years developing a wide-ranging communications tool for Wall Street, Goldman Sachs Group Inc says it has reached the perfect pitch.     On Wednesday, Goldman and 13 partners plan to announce a $66 million investment in a new company called Symphony Communication Services Holdings LLC, according to a draft press release viewed by Reuters. The partners are all financial services firms, including major global banks and asset managers. ...


  • September U.S. car sales show industry's torrid pace slowing

    A group of Chevrolet Camaro cars for sale is pictured at a car dealership in Los Angeles, CaliforniaBy Bernie Woodall and Paul Lienert DETROIT (Reuters) - U.S. auto sales in the third quarter were the best in eight years, but mixed September results from leading automakers on Wednesday indicated the industry's torrid summer pace is slowing. General Motors Co, Fiat SpA's Chrysler Group, Toyota Motor Corp, Honda Motor Co, Nissan Motor Co and Hyundai Motor Co all reported year-to-year sales gains on Wednesday, but Ford Motor Co said sales fell slightly from a year ago. And while Toyota's and Honda's sales were up, both companies missed analysts' forecasts. ...


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