Monday, January 26, 2015

Police: Man shot his family, killing 3, then killed himself

NEW YORK — In the quiet of a pre-dawn Saturday on a dead-end street, a father came home and shot his family in their heads, leaving women in three generations dead and a wounded 12-year-old girl calling 911, police said. “What I did, I cannot come back from,” Jonathon Walker told his brother by phone soon […]

Company seeks rights to names of iconic Grand Canyon lodges

FLAGSTAFF, Ariz. — To those who know and love the Grand Canyon, the names of its historic lodges are synonymous with the national park itself. Phantom Ranch, Bright Angel Lodge, El Tovar – all bring to mind a place coveted worldwide for its sweeping views, river rapids and history told though layers of geology. But the […]

Anheuser-Busch to buy craft beer company

ST. LOUIS — Anheuser-Busch is buying Seattle’s Elysian Brewing Co., further expanding its collection of craft brewers as it tries to offset sagging sales of its flagship beers. The financial terms of the deal announced Friday were not disclosed. Anheuser-Busch is the U.S. arm of Anheuser-Busch InBev SA, a Belgian company that is the world’s […]

California jobless rate falls to 7 percent

SACRAMENTO, Calif. — California’s unemployment rate fell to 7 percent last month, a drop of two-tenths of a percentage point from a month earlier, but the state added just 700 jobs in December, a disappointing number after good job gains in November. Job gains in areas such as trade and transportation, financial activities, educational and health services, hospitality and […]

McDonald’s earnings take a big smack

NEW YORK  — McDonald’s isn’t lovin’ it, and it’s going to do something about it. The world’s largest hamburger chain reported falling earnings and sales for its fourth quarter on Friday and says it is going to take action this year to save money and bring customers back. This includes slowing down new restaurant openings in some markets. It’s […]

January 24, 2015 | Posted in Business and Real Estate | Tagged , | 1 Reply

Expedia acquires Travelocity for $280M

NEW YORK  — Expedia has acquired travel booking site Travelocity from the Sabre Corp. for $280 million in cash. The deal adds to Expedia’s growing portfolio of websites. The Bellevue, Washington-company already owns nearly a dozen travel sites including, Hotwire and Egencia, the world’s fifth-largest corporate travel management company. Consumers shouldn’t notice any change because of a deal already in […]

In-flight shopper SkyMall files for bankruptcy

The parent of the in-flight shopping magazine SkyMall said Friday that it had filed for bankruptcy protection, citing in-flight Wi-Fi access as one of the factors luring shoppers away from its quirky catalog of travel products, pet toys and garden gnomes. The company, Xhibit, said it would sell off its online retail business and other assets. “Historically, the SkyMall catalog was […]

One dose, then surgery: A new way to test brain tumor drugs

Lori Simons took the bright orange pill at 3 a.m. Eight hours later, doctors sliced into her brain, looking for signs that the drug was working. She is taking part in one of the most unusual cancer experiments in the nation. With special permission from the Food and Drug Administration and multiple drug companies, an […]

German FM: Russia, Ukraine agree withdrawal of heavy arms

BERLIN — Germany’s Foreign Minister says Russia and Ukraine have agreed on a procedure for the withdrawal of heavy weapons in eastern Ukraine. Frank-Walter Steinmeier says his counterparts from Russia and Ukraine agreed that heavy arms should be pulled back 15 kilometers (9 miles) from a demarcation line defined in the Minsk agreement of last […]

US, Cuba spar over migration policy at historic Havana talks

HAVANA — The United States said Wednesday it dispatched additional ships to the Florida Straits to halt Cuban rafters but rebuffed demands for broader changes to U.S. migration rules that dominated the first day of talks between Cuban officials and the highest-ranking U.S. delegation to the island in more than three decades. Cuba urged the […]

France anti-terror plan calls for hiring more intel agents

PARIS — Reeling from the Paris terror attacks, France announced broad new measures to fight homegrown terrorism like giving police better equipment and hiring more intelligence agents, as European officials sought to strike the right balance between rushing through tough counterterrorism laws and protecting treasured democratic rights. Prime Minister Manuel Valls laid out the counterterrorism […]

AP Interview: Iraq premier says ground troops need more aid

BAGHDAD — Iraq’s prime minister on Wednesday appealed for more aid for the country’s beleaguered ground forces, which have yet to score a decisive victory against the Islamic State group despite five months of U.S.-led coalition air raids. In an interview with The Associated Press, Haider al-Abadi praised the coalition’s air campaign but said the […]

Shiite rebels, Yemen’s president reach deal to end standoff

SANAA, Yemen — Shiite rebels holding Yemen’s president captive in his home reached a deal with the U.S.-backed leader Wednesday to end a violent standoff in the capital, the country’s state news agency reported. The agreement promised to give the rebel Houthi movement more say in the affairs of the Arab world’s poorest country in […]

Proposed Chinese aviation program back before the college trustees

FAIRFIELD — An agreement between Solano Community College, the United States Education Foundation and a Chinese company to bring aviation students from China to the U.S. is back before the board college Wednesday. College trustees on Dec. 18 adopted a cautious but optimistic approach to entering into an agreement with Huameijiadai Investment Fund Management Company […]