Columbus CEO Archives

November 2014 Edition

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Top 20 Concert Tours from Pollstar

The Top 20 Concert Tours ranks artists by average box office gross per city and includes the average ticket price for shows in North America. The previous week's ranking is in parentheses. The list is based on data provided to the trade publication Pollstar by concert promoters and venue managers.

'Nightcrawler,' 'Ouija' tie for box office lead

NEW YORK (AP) - In a scary close finish, the Jake Gyllenhaal crime thriller "Nightcrawler" and the board-game adaptation "Ouija" tied for first at the box office with $10.9 million each over the Halloween weekend.

'Nightcrawler,' 'Ouija' tie for box office lead

NEW YORK (AP) - In a scary close finish, the Jake Gyllenhaal thriller "Nightcrawler" and the board-game adaptation "Ouija" tied for first at the box office with $10.9 million each over the Halloween weekend.

Plans to redo Boston's iconic market stir debate

BOSTON (AP) - The market at Boston's historic and spiritual center, steps from where Samuel Adams and the Sons of Liberty stoked the fires of rebellion and a colony took its first shaky steps toward nationhood, is up for a 21st century face-lift.

AP survey: China slowdown to bruise global economy

WASHINGTON (AP) - China's roaring economy for years has pulled much of the rest of the world with it, soaking up oil, iron ore and other commodities from developing countries and autos and luxury goods from Europe.

Bangladesh power back on after nationwide blackout

DHAKA, Bangladesh (AP) - Power was back on across Bangladesh on Sunday, a day after the impoverished, energy-starved nation was plunged into a nationwide blackout when the transmission line from neighboring India failed, officials said.

Republican gains could aid Obama's Asia trade pact

WASHINGTON (AP) - Big Republican gains on Election Day would be a blow to much of President Barack Obama's agenda, but one stymied item on his to-do list might get a fresh chance to move forward: trade. That could breathe life into Asia-Pacific trade talks essential to his efforts to deepen engagement in the region.

Bangladesh power back on after nationwide blackout

DHAKA, Bangladesh (AP) - Power was back on across Bangladesh on Sunday, a day after the impoverished, energy-starved nation was plunged into a nationwide blackout when the transmission line from neighboring India failed, officials said.

Official: Debris sign of spaceship breaking up

MOJAVE, Calif. (AP) - Investigators looking into what caused the crash of a Virgin Galactic prototype spacecraft that killed one of two test pilots said a 5-mile path of debris across the California desert indicates the aircraft broke up in flight.

Official: Debris sign of spaceship breaking up

MOJAVE, Calif. (AP) - Investigators looking into what caused the crash of a Virgin Galactic prototype spacecraft that killed one of two test pilots said a 5-mile path of debris across the California desert indicates the aircraft broke up in flight.

Power restored in most of Bangladesh

DHAKA, Bangladesh (AP) - Power was restored in most of Bangladesh on Sunday, a day after the impoverished, energy-starved nation was plunged into a nationwide blackout when a transmission line from neighboring India failed, officials said.

Surviving spaceship pilot described as 'alert'

MOJAVE, Calif. (AP) - The injured test pilot who survived the destruction of Virgin Galactic's prototype space tourism rocket is described as alert and talking with his family and doctors.

Can space industry survive 2 explosions in 4 days?

WASHINGTON (AP) - Fiery failures are no stranger to the space game. It's what happens when you push the boundaries of what technology can do, where people can go. And it happened again to Virgin Galactic's SpaceShipTwo.

Tech execs running the commercial space race

NEW YORK (AP) - Richard Branson's Virgin Galactic company is reeling from the loss of SpaceShipTwo, which crashed in California's Mojave desert on Friday, killing one of its pilots and seriously injuring the other. Branson, a billionaire business mogul whose Virgin group of companies have ranged from music to airlines to mobile phones, founded Virgin Galactic ten years ago with the aim of offering flights to the edge of space for anyone who could pay the $250,000 price tag. The future of...

Tech execs running the commercial space race

NEW YORK (AP) - Richard Branson's Virgin Galactic company is reeling from the loss of SpaceShipTwo, which crashed in California's Mojave desert on Friday, killing one of its pilots and seriously injuring the other. Branson, a billionaire business mogul whose Virgin group of companies have ranged from music to airlines to mobile phones, founded Virgin Galactic ten years ago with the aim of offering flights to the edge of space for anyone who could pay the $250,000 price tag. The future of...

Union law fight forgotten in Ohio governor's race

TOLEDO, Ohio (AP) - The anger unions aimed toward Republican Gov. John Kasich just three years ago during his attempt to restrict collective bargaining has been largely absent from the campaign trail as he seeks another term in Tuesday's election.

Can private space survive 2 explosions in 4 days?

WASHINGTON (AP) - Fiery failures are no stranger to the space game. It's what happens when you push the boundaries of what technology can do, where people can go. And it happened again to Virgin Galactic's SpaceShipTwo.

New Jersey racetrack gambling on sports betting $$

OCEANPORT, N.J. (AP) - Monmouth Park Racetrack is hoping sports gambling will save itself from the slow extinction facing much of the horse racing industry - a wager that could have a big payoff if New Jersey can successfully fend off the opposition of the Justice Department, the four major pro sports leagues and the NCAA.

Slave quarters to be rebuilt at Madison's Va. home

WASHINGTON (AP) - Homes of slaves who served President James Madison at his Montpelier estate in Virginia will be rebuilt over the next five years for the first time with a $10 million gift from a leading philanthropist and history buff.

Fill 'er up: Gas under $3 for 1st time in 4 years

NEW YORK (AP) - The sight is so surprising that Americans are sharing photos of it, along with all those cute Halloween costumes, sweeping vistas and special meals: The gas station sign, with a price of $2-something a gallon.

Alaska mine project splits major state industries

ANCHORAGE, Alaska (AP) - A potential copper and gold mine at the headwaters of one of the world's richest salmon runs is both an environmentalist rallying cry and a potent issue in development-happy Alaska that could help Democratic Sen. Mark Begich survive a strong re-election challenge.

Virgin Galactic's allure: space and celebrities

The explosion of a Virgin Galactic rocket ship during a test flight over California has almost certainly dashed founder Richard Branson's goal of starting passenger flights next spring. Information about Virgin Galactic, its backers, and its goals:

Investigators, Branson go to spacecraft crash site

MOJAVE, Calif. (AP) - Federal accident investigators are headed to a desert crash site where a winged spaceship designed to give wealthy tourists a high-altitude view of Earth broke up during a test flight, killing one pilot and badly injuring another.

Space tourism rocket crash stirs mixed emotions

The explosion of Virgin Galactic's passenger rocket ship is stirring up mixed emotions as scientists and others involved in the space industry wait for more details on what happened over the Mojave Desert.

Investigators, Branson go to spacecraft crash site

MOJAVE, Calif. (AP) - Federal accident investigators are headed to a desert crash site where a winged spaceship designed to give wealthy tourists a high-altitude view of Earth broke up during a test flight, killing one pilot and badly injuring another.

Spacecraft for tourists breaks up on test flight

MOJAVE, Calif. (AP) - A winged spaceship designed to take tourists on excursions beyond Earth's atmosphere broke up during a test flight Friday over the Mojave Desert, killing a pilot in the second fiery setback for commercial space travel in less than a week.

Rickenbacker Airport ranks high as foreign trade zone

The U.S. Foreign-Trade Zone Board has ranked Rickenbacker International Airport and surrounding industrial facilities 7th out of 177 active U.S. Foreign Trade Zones for the volume of merchandise imported during 2013.

Why mail still matters in politics

In digital age, snail mail is an anachronism for a large percent of the population. But when it comes to the business of politics, postal in the form of direct mail is dug in on the front lines.

Best of Business 2014: Leisure

From philanthropic endeavors to recreation, these winners were voted the best providers of goods and services beyond the workplace.

Space tourism rocket crash stirs mixed emotions

The explosion of Virgin Galactic's passenger rocket is stirring up mixed emotions as scientists and others involved in the space industry wait for more details on what happened over the Mojave Desert on Friday.

Mets strike back at ex-exec's discrimination suit

NEW YORK (AP) - The New York Mets say a former top team executive was fired for legitimate business reasons despite her allegations she lost her job because she had a child without being married.

AIG to pay NY $35M to settle licensing allegations

ALBANY, N.Y. (AP) - Insurance company American International Group Inc. has agreed to pay New York state $35 million to settle claims that two former subsidiaries did business without licenses and misled regulators about their operations in the state.

Ex-Union Carbide chief Anderson dead at 92

MIAMI (AP) - Warren M. Anderson, who headed Union Carbide Corp. when a chemical leak killed thousands of people in Bhopal, India, in 1984, has died in Florida at 92.

North Texas town voting on fracking ban

DENTON, Texas (AP) - Anti-fracking activists and campaigners backed by big oil and gas companies sparred outside of voting sites on the last day of early voting in a North Texas university town that's considering a ban on new permits for hydraulic fracturing.

Estonia citizen extradited to NYC in cyber case

NEW YORK (AP) - A man portrayed as the ringleader in an international cyber scam pleaded not guilty Friday to leading several others to infect more than 4 million computers in over 100 countries with software that disabled anti-virus protections and steered users to websites they did not choose.

Richard Branson on his way to rocket crash scene

MOJAVE, Calif. (AP) - British billionaire Richard Branson is headed to California's Mojave Desert after a Virgin Galactic space tourism rocket exploded and crashed, killing one person and seriously injuring another.

How the Dow Jones average fared Friday

Stocks rose across the globe Friday, capping off a seesaw month for investors, after the Bank of Japan unexpectedly announced new stimulus to boost the country's struggling economy.

Recalls this week: flashlights, bicycle shocks

More than 8,000 flashlights with special lenses for Halloween have been recalled because they can overheat and melt. Other recalled products this week include bicycle shocks with incorrect adjustment directions and USB chargers that can melt.

Gas falling under $3 nationwide: What to know

NEW YORK (AP) - The sight is so surprising that Americans are sharing photos of it, along with all those cute Halloween costumes, sweeping vistas and special meals: The gas station sign, with a price of $2-something a gallon.

Cyprus president scolds Central Bank chief

NICOSIA, Cyprus (AP) - Cyprus' president has strongly criticized the bailed-out country's Central Bank chief for not disclosing details of her daughter's job, which may have embroiled her in a possible conflict of interest.

US rig count up 2 to 1,929

HOUSTON (AP) - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by two this week to 1,929.

Colombians jailed in Venezuela for $15 grocery run

BOGOTA, Colombia (AP) - A $15 grocery run has cost two single mothers from Colombia 48 days in jail - and the threat of a 14 year prison sentence - as a result of a crackdown on smuggling in Venezuela that's ratcheting up tensions and highlighting growing economic distortions between the neighbors.

Coal miners stuck in the middle of Ukraine's war

DONETSK, Ukraine (AP) - Glistening black sweat rolls down the spine of a beefy miner as he jackhammers bedrock along the shaft at the Chelyuskintsev coal mine in Donetsk, Ukraine's eastern industrial heartland.

TV space for campaign ads hard to find this late

MANCHESTER, N.H. (AP) - A Democratic super PAC wanted to run a 30-second ad during a Friday evening newscast on New Hampshire's one network station - and was even willing to shell out the $10,000 that the station demanded.

Gas falling under $3 nationwide: What to know

NEW YORK (AP) - The sight is so surprising that Americans are sharing photos of it, along with all those cute Halloween costumes, sweeping vistas and special meals: The gas station sign, with a price under $3 a gallon.

Image of Asia: Watching the iPhone line in Seoul

In this photo by Ahn Young-joon, a phone store worker dressed as Santa Claus keeps customers in line as they wait to buy Apple's iPhone 6, in Seoul, South Korea. The device went on sale Friday in South Korea, one of the world's most wired societies, with 85 percent of its 50 million people online and 40 million smartphones. South Korea is also home to the world's top-selling smartphone maker Samsung, which is seeing more competition by cheaper local brands in China and India and by Apple in...

After 40 years, a look at Hello Kitty's success

TOKYO (AP) - When she came to life in 1974, she was a kitty without a name, sitting sideways in blue overalls and a big red bow, on a coin purse for Japanese girls. On Saturday, fans around the world celebrate the 40th anniversary of this global icon of "cute-cool." That is, Hello Kitty.

AbbVie hikes forecast, tops Street expectations

The drugmaker AbbVie surprised Wall Street on Friday with a third-quarter performance that turned out much better than expected and a new 2014 forecast that also extends well beyond what analysts predict.

North Korean Ebola policies hit tourism businesses

BEIJING (AP) - North Korea's quarantine of foreigners to prevent Ebola has not disrupted business with the nation's largest trading partner, Chinese businesspeople say, although a tourist ban has hurt travel agencies that run tours to the reclusive country.

Pirate Bay founder jailed for hacking Danish data

COPENHAGEN, Denmark (AP) - A Danish court on Friday sentenced the Swedish founder of file-sharing site The Pirate Bay to 3 years in prison after he was found guilty of hacking into a private company handling sensitive information for Danish authorities.

US consumer spending down 0.2 percent in September

WASHINGTON (AP) - U.S. consumer spending fell in September, the first decline in eight months, as shoppers took a breather after a big spending spree in August. Income growth posted the slowest gain this year.

Exxon posts surprise profit jump on refining

IRVING, Texas (AP) - ExxonMobil Corp. profits rose 3 percent in the third quarter as strong refining performance offset lower revenues from falling oil prices and production.

AbbVie hikes forecast, tops Street expectations

Drugmaker AbbVie surprised Wall Street with a third-quarter performance that turned out much better than expected and provided a new 2014 forecast that extends well beyond what analysts predict.

US consumer spending down 0.2 percent in September

WASHINGTON (AP) - U.S. consumer spending fell in September, the first decline since January, as shoppers took a breather after a big spending spree in August. Income growth posted the slowest gain this year.

Pirate Bay founder jailed for hacking Danish data

COPENHAGEN, Denmark (AP) - A Danish court has sentenced the Swedish founder of file-sharing site The Pirate Bay to 3 years in prison after he was found guilty of hacking into a private company handling sensitive information for Danish authorities.

Hungary suspends Internet tax after huge protests

BUDAPEST, Hungary (AP) - Following large-scale protests, Hungary's prime minister said Friday that the government would suspend a planned tax on Internet use and reconsider the matter next year.

Eurozone inflation creeps up to 0.4 percent

FRANKFURT, Germany (AP) - Inflation crept higher in the 18 countries that use the euro in October - but the rise to an annual 0.4 percent offered little relief to the European Central Bank as it tries to boost a weak economy.

Eurozone inflation creeps up to 0.4 percent

FRANKFURT, Germany (AP) - Inflation has crept higher in the 18 countries that use the euro but the rise to 0.4 percent in the year to October is unlikely to offer much relief to the European Central Bank as it tries to boost a weak economy.

RBS sets aside $639 million for currency probe

LONDON (AP) - Royal Bank of Scotland, which is majority-owned by the U.K. government, has set aside 400 million pounds ($639 million) to cover potential fines arising from international investigations into alleged manipulation of foreign currency trading.

After 40 years, a look at Hello Kitty's success

TOKYO (AP) - When she came to life in 1974, she was a kitty without a name, sitting sideways in blue overalls and a big red bow, on a coin purse for Japanese girls. On Saturday, fans around the world will celebrate the 40th anniversary of this global icon of "cute-cool." That is, Hello Kitty.

Gas almost under $3 nationwide: What to know

NEW YORK (AP) - The sight is so surprising that Americans are sharing photos of it, along with all those cute Halloween costumes, sweeping vistas and special meals: The gas station sign, with a price under $3 a gallon.

Budweiser owner InBev profits up 5.5 percent in Q3

AMSTERDAM (AP) - AB InBev SA, the world's largest beer maker, has reported a 5.5-percent increase in earnings for the third quarter, as higher selling prices more than made up for volume declines in Europe and Asia.

Q&A: Why Japan's economy needs more juice

TOKYO (AP) - Japan is pumping more money into its lagging economy, expanding an already lavish stimulus effort. The surprise announcement Friday highlights diverging fortunes among the world's top economies. Earlier this week, the U.S. Federal Reserve ended its own unprecedented stimulus in a sign of increased confidence in economic recovery.

Sony's quarterly loss balloons on mobile woes

TOKYO (AP) - Sony Corp. says losses for July-September ballooned to 136 billion yen ($1.2 billion) as the Japanese electronics and entertainment company's troubled mobile phone division reported huge red ink.

Afghan leader references Taliban at Beijing

BEIJING (AP) - Afghanistan's new president invited the Taliban to join in a peace process backed by the international community on Friday, an unusual direct reference to the insurgents who have stepped up attacks in an attempt to bring down his month-old government.

Malaysia Airlines sued by 2 boys over Flight 370

KUALA LUMPUR, Malaysia (AP) - Two Malaysian teenage boys on Friday sued Malaysia Airlines and the government over the loss of their father on Flight 370, the first lawsuit filed by the family of a passenger of the jetliner that mysteriously disappeared eight months ago.

Police search Boeing plant; no armed man found

EVERETT, Wash. (AP) - Police in Everett, Washington, say they have searched a portion of a Boeing aircraft plant after two employees reported seeing what appeared to be an armed man, but officers found nothing to substantiate the reports.

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