KCBY- News - Business http://www.kcby.com/news/business RSS Feed for KCBY - News - Business en-us Wed, 08 Feb 2012 16:40:02 GMT 13,000 is next Dow milestone, with record in sight http://www.kcby.com/news/business/13000-is-next-Dow-milestone-with-record-in-sight-138938014.html It was just last summer that the Dow Jones industrial average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession. Murdoch's company settles more phone hacking lawsuits http://www.kcby.com/news/business/Murdochs-company-settles-more-phone-hacking-lawsuits-138937849.html Rupert Murdoch's News International has succeeded in settling nearly all the cases in the first wave of lawsuits against it for phone hacking, with a new round of apologies and payouts announced in a London court Wednesday. UK to buy another Boeing C-17 military plane http://www.kcby.com/news/business/UK-to-buy-another-Boeing-C-17-military-plane-138937729.html Prime Minister David Cameron says Britain will buy a new Boeing C-17 military aircraft to help move troops around. Forget the Happy Meal. 'Lorax' gets green tie-ins http://www.kcby.com/news/business/Forget-the-Happy-Meal-Lorax-gets-green-tie-ins-138937509.html The Lorax, perhaps the most famous anti-industrial crusader from children's literature, is about to become a big-time corporate spokesman. Nokia ends phone assembly in Europe, cuts jobs http://www.kcby.com/news/business/Nokia-ends-phone-assembly-in-Europe-cuts-jobs-138937649.html Nokia Corp. plans to stop assembling cellphones in Europe by year-end as it shifts production to Asia and will cut another 4,000 jobs, its latest attempts to cushion itself from stiff competition in the smartphone sector. Consumer borrowing rose $19.3 billion in December http://www.kcby.com/news/business/Consumer-borrowing-rose-193-billion-in-December-138884959.html Americans accelerated their borrowing in December for the second straight month, running up more credit card debt and taking out loans to buy cars and attend school. 4 Yahoo board members including chair leaving http://www.kcby.com/news/business/4-Yahoo-board-members-including-chair-leaving--138885199.html Yahoo Chairman Roy Bostock and three longtime board members are stepping down, fulfilling the wishes of many frustrated shareholders who believe the directors have been part of the problem that has dragged down the Internet company's revenue and stock price. Job openings jump to near 3-year high http://www.kcby.com/news/business/Job-openings-jump-to-near-3-year-high-138856749.html The number of available jobs in the United States jumped in December to near a three-year high, supporting other data that show a brighter outlook for hiring. Wal-Mart debuts 'Great for You' seal http://www.kcby.com/news/business/Wal-Mart-debuts-Great-for-You-seal-138856584.html Wal-Mart Stores Inc. plans to help its customers figure that out by adding a new green icon that reads "Great for You" to packaging of some of its house-brand foods. Glencore, Xstrata agree to $90 billion merger http://www.kcby.com/news/business/Glencore-Xstrata-agree-to-90-billion-merger-138856494.html Anglo-Swiss mining group Xstrata PLC announced plans Tuesday to merge with commodities trading giant Glencore International PLC in a deal that will create the world's fourth largest natural resources group.