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Editorial: The day Connecticut's heart broke

Business / Business News /

Today they would be in sixth grade, getting ready for their school's Ugly Sweater Day, maybe experiencing their first crush, joining the drama club, complaining about homework.

But instead, they and the women who died trying to protect them are in our thoughts and prayers today. They are the 26 innocents who died at the hands of a madman at ...Read more

Disney buys much of Rupert Murdoch's 21st Century Fox in deal that will reshape Hollywood

Business / Business News /

LOS ANGELES -- Walt Disney Co. has finalized a $52.4 billion deal to buy much of Rupert Murdoch's entertainment empire, a blockbuster union that would radically transform Hollywood into a land of fewer giants.

The stock deal, which Disney announced Thursday morning, represents Disney's boldest acquisition yet. If regulators approve it, the ...Read more

Redbox rolls out streaming video service

Business / Business News /

CHICAGO -- Redbox, which built its business on renting DVDs from storefront kiosks, is thinking outside the box with the launch of a new video streaming service Wednesday.

Taking on Netflix, Amazon and a growing list of competitors, Redbox On Demand offers more than 7,000 movie and TV titles, including new releases. Content will come from most ...Read more

Google-backed massive housing and office plan wins approval

Business / Business News /

MOUNTAIN VIEW, Calif. -- It's a Google town.

Mountain View City Council Tuesday night unanimously approved a sweeping redevelopment plan, clearing the way for Google and other developers to create a dense, city-like campus of offices and homes in a housing-starving region.

The new master plan could reshape North Bayshore, home to Google ...Read more

30,000-square-foot rooftop restaurant and bar will crown new Navy Pier hotel

Business / Business News /

CHICAGO – Visitors who play at Chicago's Navy Pier soon will be able to stay there as well, with a new seven-story hotel set to rise on the eastern end of the familiar landmark over the next 18 months.

Developers unveiled plans this week for the upscale, 222-room Curio Collection by Hilton hotel adjacent to Festival Hall, which will include ...Read more

Real estate Q&A: Think safety, double-check insurance before throwing party with a bounce house

Business / Business News /

Q: We are having a party for my kid's birthday and she wants it with a bounce house and other outside attractions in our backyard. I am concerned with my liability if someone gets injured at the party. What are my rights? – Amanda

A: You are rightfully concerned about this because you may be sued if someone gets injured on your property. The ...Read more

Milwaukee passenger who was removed from Delta flight after urgent trip to restroom files federal lawsuit

Business / Business News /

MILWAUKEE -- When he finally, absolutely couldn't wait any longer, Kima Hamilton used the lavatory as his Delta Air Lines flight from Atlanta home to Milwaukee was waiting on the tarmac for its turn to take off in April.

His potty break took less than 35 seconds, but because attendants had warned he could not do that without the plane losing ...Read more

Here's who'll benefit, and who might not, if net neutrality is repealed as expected

Business / Business News /

WASHINGTON -- The Federal Communications Commission is expected to repeal net neutrality rules Thursday, a move that will likely have major implications for internet service providers, startups and consumers.

The hotly contested move centers on a set of regulations passed in 2015 by a Democratic-controlled FCC that prohibited broadband ...Read more

Scottrade founder cashing out $1.4 billion in TD Ameritrade stock

Business / Business News /

ST. LOUIS -- Scottrade founder Rodger Riney is cashing out the shares he acquired when TD Ameritrade bought his online brokerage firm.

Riney's family voting trust received 27.7 million TD Ameritrade shares, currently worth $1.4 billion, when the Scottrade deal closed in September. TD Ameritrade announced Tuesday that it will sell the shares for...Read more

Tech support scams hitting more computer users online

Business / Business News /

CHICAGO – For consumers who turn over control of their computers to remote technicians online, the fix may already be in.

A growing number of remote tech support scams are popping up, in which users facing "crashed" computers give online access for repairs that do nothing more than drain their wallets, according to a study released Monday by ...Read more

California regulators propose replacing PG&E natural gas plants with energy storage

Business / Business News /

State regulators want Pacific Gas & Electric Co. to replace three natural gas plants with energy storage, a move that represents another significant step toward a clean energy future.

The California Public Utilities Commission will vote Jan. 11 on the proposal that would require PG&E to seek clean alternatives to replace the three fossil-fuel ...Read more

Pharmacies now can offer birth control to women without a prescription, but few do

Business / Business News /

LOS ANGELES – A new law in California allows women to pick up birth control pills from pharmacies without a doctor's prescription.

But more than a year after the law took effect, women say they're still struggling to get the medicines, in part because they can't find pharmacies offering them.

A study released Tuesday in the Journal of the ...Read more

Target expanding same-day delivery with $550 million acquisition of Shipt

Business / Business News /

MINNEAPOLIS – Target Corp. is getting serious about same-day delivery of groceries and other items with a $550 million deal to buy Shipt Inc.

The cash purchase is the Minneapolis-based retailer's largest acquisition in decades and represents one of its most aggressive answers yet to the growing Amazon threat.

Target said Wednesday that it ...Read more

Build-A-Bear signs deal with Nintendo for Super Mario bears

Business / Business News /

ST. LOUIS – Build-A-Bear Workshop is going retro with a new line of Super Mario bears.

Overland, Mo.-based Build-Bear said Wednesday it signed a licensing deal with Nintendo to offer Mario bears, Luigi costumes and other characters for the first time from the 1980s-era video game.

Sales of the Mario line began online Wednesday and the bears ...Read more

Bill and Melinda Gates give $15 million to complete University of Washington building that bears their names

Business / Business News /

SEATTLE -- Even in Seattle these days, it takes considerable work to raise $70 million in private donations for a new classroom and lab building on the University of Washington campus.

And so, despite a two-year campaign and multimillion-dollar gifts from Microsoft, Amazon, Zillow, Google and well-heeled private donors, the Allen School of ...Read more

Fed hikes key interest rate again, increases next year's economic growth forecast

Business / Business News /

WASHINGTON -- Federal Reserve monetary policymakers on Wednesday nudged up their key interest rate again and sharply increased their forecast for the economy's performance in 2018 as Congress neared passage of a large tax cut package.

Fed officials voted 7-2 after a two-day meeting to increase the rate by a quarter percentage point to a target ...Read more

Loan extension amid holiday season gives Sears financial breathing room

Business / Business News /

CHICAGO – Sears Holdings gained some breathing room amid the critical holiday shopping season with a pair of deals the struggling Hoffman Estates-based retailer said will give it more financial flexibility.

Sears paid down $325 million on a loan originally due midway through next year and entered into an agreement that gives it an extension ...Read more

Where have the stone crabs gone? Shortage of Florida delicacy drives up prices

Business / Business News /

MIAMI -- Less than halfway through Florida's lucrative stone crab season, traps are drying up, dealing another blow to a fishing industry still recovering from a beating delivered by a brutal Hurricane Irma.

"Everybody's feeling it," said Walter Flores, owner of the Golden Rule Seafood in Palmetto Bay, which has been selling and serving stone ...Read more

Can you fight traffic tickets from an app? The Florida Supreme Court will decide

Business / Business News /

MIAMI -- The ongoing battle between start-up traffic ticket website TIKD.com, the Florida Bar and The Ticket Clinic has gotten the green light to go to the Florida Supreme Court.

This week, the Board of Governors of the Florida Bar accepted a recommendation from a Florida Bar committee that believes Coral Gables start-up TIKD is violating ...Read more

US airports want to nearly double passenger user fees added to ticket prices; Airlines say 'no'

Business / Business News /

PHILADELPHIA -- If the nation's airports get their way, passengers could see an $8 increase on a round-trip airline ticket.

Airports now receive a facility-use passenger fee of $4.50 per flight, and want Congress to increase the cap to $8.50 a ticket for departing flights -- that's $8.50 when fliers get on a plane to leave on a trip, and $8.50 ...Read more