Plaque dedicated at country singer Patsy Cline's former home
FREDERICK, Md. (AP) — A plaque has been placed in front of a Frederick home where legendary country singer Patsy Cline once lived.
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Apple to show off new iPhones, Apple TV on Wednesday
By Julia Love SAN FRANCISCO (Reuters) – With its highly profitable iPhone due for an upgrade, Apple is expected to unveil a pair of new handsets at an event in San Francisco on Wednesday, analysts say, in addition to showing off a larger iPad and an updated Apple TV. When Apple executives take the stage at the Bill Graham Civic Auditorium, investors will be scrutinizing their plans for the next
Barnes & Noble sales fall for fifth straight quarter
Barnes & Noble Inc, the largest U.S. bookstore chain, reported a decline in sales for the fifth successive quarter as lower demand for its Nook tablets and online books compounded a protracted slump in sales at its stores. The company’s shares fell as much as 16.6 percent on Wednesday. In recent years, stiff competition from online retailers such as Amazon.com Inc has eaten into sales at Barnes & Noble’s bookstores
Tax concerns on Yahoo's Alibaba stake spinoff prompt target cuts
(Reuters) – Wall Street analysts tempered their view on Yahoo Inc’s stock after the company’s plans for a tax-free spinoff of its stake in Alibaba Group Holdings Ltd hit a snag. Yahoo said on Tuesday the U.S. Internal Revenue Service (IRS) denied its request for a private letter ruling (PLR) on a possible tax-free deal that could fetch it $23 billion. The spinoff is planned for later this year.
Jeb Bush: My tax plan will push growth to 4%
Jeb Bush tells CNBC his tax plan would help fuel growth by empowering Americans and creating an environment for investment.
Macy's to close 35-40 underperforming stores in early 2016
The annual sales volume of the stores, net of sales expected to be retained in nearby stores and online, is expected to be about $300 million, the company said in a statement. The company, which operates 770 Macy’s stores, said the store closures would be early next year and that it would announce the locations of the affected stores on a later date. Globally, Macy’s operates a total of 885
Chipotle will interview 60,000 job seekers today—and it won't take long
Chipotle is going to spend Wednesday interviewing somewhere between 30,000 and 40,000 job applicants. At Chipotle, it will also be a free-advertising coup with lasting benefits. To find 4,000 suitable hires, Chipotle will need to interview at least five times as many candidates.
United CEO Jeff Smisek steps down amid federal investigation
United Airlines abruptly replaced its CEO as a federal investigation continued into whether the airline gave preferential treatment to a former chairman of the agency that operates the New York-area airports …
Force field: Apple's pressure-based screens promise a world beyond cold glass
SINGAPORE/TAIPEI (Reuters) – By adding a more realistic sense of touch to its iPhone, Apple Inc may have conquered a technology that has long promised to take us beyond merely feeling the cold glass of our mobile device screens. In its latest iPhones, Apple is expected to include what it calls Force Touch, allowing users to interact more intuitively with their devices via a pressure-sensitive screen which mimics the feel and response of real buttons. In the
Why banks haven’t finished their balance sheet diet
New reporting standards show that the biggest Europe-based lenders still have many more assets per euro, franc or pound of equity than their U.S. rivals and yet their returns on those assets are just two-thirds of those at American banks.