Archive for category Business

NM offers help with uranium mine cleanup

ALBUQUERQUE, N.M. (AP) — New Mexico is offering to help the Navajo Nation and the U.S. Environmental Protection Agency figure out how to best use $1 billion for cleaning up abandoned uranium mines throughout the region.

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Facebook 1Q results soar; CFO to step down

This Tuesday, July 16, 2013 file photo shows a sign at Facebook headquarters in Menlo Park, Calif. Facebook reports quarterly earnings on Wednesday, April 23, 2014. (AP Photo/Ben Margot, File)

NEW YORK (AP) — Facebook’s earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street’s expectations thanks to an 82 percent increase in advertising revenue.

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Apple increases stock buyback, will split stock

In this Dec. 23, 2013 file photo, a woman using a phone walks past Apple's logo near its retail outlet in Beijing. Apple reports quarterly earnings on Wednesday, April 23, 2014. (AP Photo/Ng Han Guan, File)

CUPERTINO, Calif. (AP) — Apple plans to buy back an additional $30 billion of its stock, raise its quarterly dividend by 8 percent and split its stock for the first time in nine years.

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High court tosses $3.4M award to child porn victim

This Oct. 13, 2013 file photo shows Supreme Court Justice Anthony Kennedy speaking in Philadelphia. The Supreme Court on Wednesday said a federal law limits how much money victims of child pornography can recover from people who viewed their images online, throwing out a nearly $3.4 million judgment in favor of a woman whose childhood rape has been widely seen on the Internet. Kennedy said for the court that federal judges should exercise discretion in awarding restitution. The case involved a woman known in court papers by the pseudonym "Amy." Her losses have been pegged at nearly $3.4 million, based on the ongoing Internet trade and viewing of images of her being raped by her uncle when she was 8 and 9 years old.  (AP Photo/Matt Slocum, File)

WASHINGTON (AP) — The Supreme Court on Wednesday rejected a plea to make it easier for victims of child pornography to collect money from people who view their images online, throwing out a nearly $3.4 million judgment in favor of a woman whose childhood rape has been widely seen on the Internet. Two dissenting justices said Congress should change the law to benefit victims.

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Sales of new US homes plunge 14.5 percent in March

In this photo made on Friday, March 28, 2014, construction continues on a housing plan in Zelienople, Pa. The Commerce Department releases new home sales for March on Wednesday, April 23, 2014. (AP Photo/Keith Srakocic)

WASHINGTON (AP) — The number of Americans buying new homes plummeted in March to the slowest pace in eight months, a sign that real estate’s spring buying season is off to a weak start.

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