Columbus CEO Archives

January 2015 Edition

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FCC to vote next month on net neutrality rules

WASHINGTON (AP) - Federal regulators are expected to vote next month on rules to govern how Internet service providers like AT&T, Verizon and Comcast deal with the flow of content on their high-speed networks.

How the Dow Jones industrials fared on Friday

Stocks ended the day mixed on the first day of trading in the New Year. The stock market gave up early gains after a report showed that growth in factory output fell to its slowest pace in six months in December, weakened by declines in orders and production.

Figures on government spending and debt

WASHINGTON (AP) Figures on government spending and debt (last six digits are eliminated).
The government's fiscal year runs Oct. 1 through Sept. 30.
Total public debt subject to limit Dec 31 18,101,296
Statutory debt limit suspended
Total public debt outstanding Dec 31 18,141,444
Operating balance Dec 31 223,452
Interest fiscal year...

New diet guidelines might reflect environment cost

WASHINGTON (AP) - For years, the government has been issuing guidelines about healthy eating choices. Now, a panel that advises the Agriculture Department is ready to recommend that you be told not only what foods are better for your own health, but for the environment as well.

LGBT-owned businesses get diversity boost

SAN FRANCISCO (AP) - As a Mexican-American woman who started her own consulting firm in Los Angeles, accountant Sonia Luna has taken advantage of programs aimed at helping minority- and women-owned businesses compete for government and corporate contracts. But increasingly, the fact that Luna also is a lesbian entrepreneur hasn't hurt either.

Targets of Obama's sanctions on North Korea over Sony hack

President Barack Obama has ordered sanctions on North Korea in retaliation for the cyberattack on Sony Pictures Entertainment. The Treasury Department said the targets are three state-controlled entities and 10 North Korean officials, including:

Firefighters find black box on still-burning ferry

BRINDISI, Italy (AP) - Wearing gas masks against the smoke, Italian firefighters and investigators boarded the charred Norman Atlantic ferry on Friday and retrieved a data recorder they hope will help them discover what caused a deadly blaze.

Targets of Obama's sanctions on North Korea over Sony hack

President Barack Obama has ordered sanctions on North Korea in retaliation for the cyberattack on Sony Pictures Entertainment. The Treasury Department said the targets are three state-controlled entities and 10 North Korean officials, including:

Matthew Franjola, AP reporter in Vietnam, dies

HARTFORD, Conn. (AP) - Matthew Franjola (fran-JOE'-lah), a reporter and photographer for The Associated Press who was among the last Americans in Saigon before it fell to the North Vietnamese in 1975, has died. He was 72.

Ex-Greek premier to form new party ahead of poll

ATHENS, Greece (AP) - The former Greek prime minister, George Papandreou, revealed plans Friday to create a new political party - a development that further complicates the landscape in Greece ahead of a snap general election later this month.

Tunisia PM sees main threat from chaotic Libya

TUNIS, Tunisia (AP) - The greatest threat that Tunisia faces is coming from neighboring Libya, where militias are fighting each other, Tunisia's outgoing prime minister said Friday.

Low oil prices unlikely to hurt railroads much

OMAHA, Neb. (AP) - The stunning collapse in oil prices over the past several months won't derail the railroads' profit engine even if it does slow the tremendous growth in crude shipments seen in recent years.

FDA drug approvals reached 18-year high in 2014

WASHINGTON (AP) - The Food and Drug Administration approved 41 first-of-a-kind drugs in 2014, including a record number of medicines for rare diseases, pushing the agency's annual tally of drug approvals to its highest level in 18 years.

US factories grow at slowest pace in 6 months

WASHINGTON (AP) - U.S. factory activity grew at the slowest pace in six months in December, weakened by declines in orders and production. Yet growth remained healthy, a sign manufacturing may help drive the economy's expansion in 2015 as it did last year.

Moscow-led trade bloc begins in troubled times

MOSCOW (AP) - The Eurasian Economic Union, a trade bloc of former Soviet states, expanded to four nations Friday when Armenia formally joined, a day after the union between Russia, Belarus and Kazakhstan began. The Russian-dominated bloc has been politically controversial and its early days are being overshadowed by the sharp deterioration of Russia's economy in recent months.

FDA drug approvals reached 18-year high in 2014

WASHINGTON (AP) - The Food and Drug Administration approved 41 first-of-a-kind drugs in 2014, including a record number of medicines for rare diseases, pushing the agency's annual tally of drug approvals to its highest level in 18 years.

4 more under investigation in Greek ferry fire

BRINDISI, Italy (AP) - Firefighters boarded the charred Norman Atlantic ferry in the Italian port of Brindisi on Friday to put out residual fires and allow a search for possible dead.

Legal weed brings tax boost, but it's modest

DENVER (AP) - To see the tax implications of legalizing marijuana in Colorado, there's no better place to start than an empty plot of land on a busy thoroughfare near downtown Denver.

Euro sinks after Draghi gives another stimulus hint

LONDON (AP) - The euro fell Friday to a 4 -year low against the dollar after European Central Bank President Mario Draghi indicated the bank could soon back a government bond-buying program to deal with alarmingly low inflation across the 19-country eurozone.

Euro down after Draghi gives another stimulus hint

LONDON (AP) - The euro has fallen to its lowest level against the dollar since the middle of 2010 after European Central Bank President Mario Draghi indicated the bank could soon buy government bonds.

Lebanon's domestic workers move to protect rights

BEIRUT (AP) - Migrant domestic workers in Lebanon are set to protect their rights under a trade union - the first such syndicate in the Arab world where more than 2.4 million foreign domestic workers labor under often harsh conditions.

Hyundai, Kia brace for weakest growth in a decade

SEOUL, South Korea (AP) - Hyundai Motor Co. and its affiliate Kia Motors Corp. are forecasting their weakest growth in yearly car sales in more than a decade as competition intensifies and the global economy slows.

Hyundai, Kia brace for weakest growth in a decade

SEOUL, South Korea (AP) - Hyundai Motor Co. and its affiliate Kia Motors Corp. are forecasting their weakest growth in car sales in more than a decade as competition intensifies and the global economy slows.

Medical marijuana a challenge for legal pot states

SEATTLE (AP) - A year into the nation's experiment with legal, taxed marijuana sales, Washington and Colorado find themselves wrestling not with the federal interference many feared, but with competition from medical marijuana or even outright black market sales.

Legal weed brings tax boost, but it's modest

DENVER (AP) - To see the tax implications of legalizing marijuana in Colorado, there's no better place to start than an empty plot of land on a busy thoroughfare near downtown Denver.

Legal weed states have lessons to share

DENVER (AP) - Don't worry about a federal lawsuit. But do worry tax rates. Those are among the many lessons Colorado and Washington have to share from the front lines of America's marijuana experiment.

Samsung TVs to use company's own Tizen software

SEOUL, South Korea (AP) - Samsung Electronics Co. said its Internet-connected televisions will this year use its internally developed operating system known as Tizen, in the company's latest attempt to boost its software power.

Medical marijuana a challenge for legal pot states

SEATTLE (AP) - A year into the nation's experiment with legal, taxed marijuana sales, Washington and Colorado find themselves wrestling not with the federal interference many feared, but with competition from medical marijuana or even outright black market sales.

7 more bodies recovered from AirAsia crash, 16 total

SURABAYA, Indonesia (AP) - More ships arrived Friday with sensitive equipment to hunt for the fuselage of AirAsia Flight 8501 and the more than 145 people still missing since it crashed into the sea five days ago.

GOP legislators thwart bids to expand Medicaid

WASHINGTON (AP) - Governors across the political spectrum are hitting a roadblock in their bids to expand Medicaid with federal funds: Republican legislators who adamantly oppose "Obamacare."

Russians optimistic for 2015 despite it all

MOSCOW (AP) - At the vast skating rink in Moscow's Gorky Park, Russians say they're looking forward to a 2015 that will be as smooth as the ice, despite the country's economic and political difficulties. The ruble has sunk, tensions with the West are up, but the troubles seem to have produced a surge in national pride.

More room for chickens likely means costlier eggs

FRESNO, Calif. (AP) - The new year is expected to bring rising chicken egg prices across the U.S. as California starts requiring farmers to house hens in cages with enough space to move around and stretch their wings.

In with the new: Snappy apps for 2015

NEW YORK (AP) - Uber, Facebook, Instagram - sure, they've been all the rage, but as 2014 winds down we're all ready for something fresh. From ride-hailing to photo sharing, here are a few up-and coming apps and startups to watch in in 2015. Which will be the breakout hit of the new year?

1st of 9 bodies from AirAsia crash identified

SURABAYA, Indonesia (AP) - A passenger aboard AirAsia Flight 8501 became the first victim of the crash to be returned to her family Thursday, one of many painful reunions to come, as search crews struggled against wind and heavy rain to find more than 150 people still missing.

Troubled EU hoping the only way is up in 2015

BRUSSELS (AP) - Beset by critics and buffeted by economic woes, European Union chiefs might have been forgiven for thinking that at least Pope Francis would apply some balm for the New Year in his address to the EU parliament.

AirAsia jet searchers fight 'time and weather;' 7 dead found

PANGKALAN BUN, Indonesia (AP) - Searchers were racing "against time and weather" Thursday to recover the dead from the crash of AirAsia Flight 8501, with a window of good conditions slammed shut by another onslaught of wind and heavy rain.

AirAsia jet searchers fight 'time and weather;' 7 dead found

PANGKALAN BUN, Indonesia (AP) - Searchers were racing "against time and weather" Thursday to recover the dead from the crash of AirAsia Flight 8501, with a window of good conditions slammed shut by another onslaught of wind and heavy rain.

'The Interview' expands video-on-demand access

LOS ANGELES (AP) - Sony Pictures Entertainment says it is expanding the digital availability of "The Interview" to top cable, satellite and telecom services, beginning Wednesday and increasing through the weekend.

Senators seek information on FBI cell tracking

WASHINGTON (AP) - Leaders of the Senate Judiciary Committee said Wednesday they were seeking answers from the Obama administration about federal law enforcement's use of surveillance technology that sweeps up basic cellphone data.

How the Dow Jones industrial average did Wednesday

U.S. stocks ended a strong 2014 with moderate declines Wednesday. There was no major catalyst for Wednesday's selling. Trading has been slow all week because of the holidays and most fund managers have closed their books for the year. Energy companies fell as the price of oil declined yet again.

Southwest Airlines rose most in S&P 500 in 2014

The plunging price of oil helped create 2014's biggest winners and losers on the stock market. The price of U.S. crude lost half its value in the second half of the year. That made life good for major consumers of fuel such as airlines, and bad for energy companies such as offshore drillers. The three worst-performing stocks in the Standard & Poor's 500 index were energy companies.

Top business stories of 2014: US grows, world slows

NEW YORK (AP) - This year showed how sheltered the U.S. economy is from geopolitical and health crises around the world. The global economy sputtered, but the U.S. powered ahead. Employers are finally hiring enough to lower unemployment. A plunge in gas prices and a rising stock market has Americans feeling richer and spending a bit more.

Clause expires, could help settle Argentine debt

BUENOS AIRES (AP) - The Argentine government and a holdout group of bond creditors led by billionaire Paul Singer will soon have a chance to renegotiate a longstanding debt dispute that U.S. courts and the United Nations have wrestled with and that ultimately could impact debt restructuring worldwide.

'The Interview' expands video-on-demand access

LOS ANGELES (AP) - Sony Pictures Entertainment says it is expanding the digital availability of "The Interview" to top cable, satellite and telecom services, beginning Wednesday and increasing through the weekend.

A week of reruns, Christmas saw dip in TV viewing

NEW YORK (AP) - As Americans trimmed the tree last week and hung their stockings with care, many viewers turned away from TV screens. During a week of mostly reruns, total prime-time viewership of the Big Four networks dipped by 25 percent from the week before.

Hasbro to replace penis-shaped Play-Doh toy

PROVIDENCE, R.I. (AP) - It was an embarrassing Christmas for Nivea Cabrera after she was accused by her fiance's mother of giving her 5-year-old granddaughter a sex toy. A mortified Carbrera asked the child where she got the penis-shaped plastic cylinder.

Verso to sell 2 paper mills in order to buy NewPage

NEW YORK (AP) - Verso Paper said Wednesday that it has agreed to sell two paper mills in order to gain U.S. approval for its $1.4 billion acquisition of privately held specialty paper maker NewPage Holdings.

Uber didn't OK Chicago driver charged with assault

CHICAGO (AP) - A Chicago driver accused of sexually assaulting an Uber passenger was not authorized to drive for the ride-sharing company and used an account created in his wife's name to pick up customers, the company said Wednesday.

Hasbro to replace penis-shaped Play-Doh toy

PROVIDENCE, R.I. (AP) - Facing criticism from some parents over a Play-Doh toy that looks similar to a penis, Hasbro is says it will replace the offending implement with a different tool.

Southwest Airlines rose most in S&P 500 in 2014

The plunging price of oil helped create 2014's biggest winners and losers on the stock market. The price of U.S. crude lost half its value in the second half of the year. That made life good for major consumers of fuel such as airlines, and bad for energy companies such as offshore drillers. The three worst-performing stocks in the Standard & Poor's 500 index were energy companies.

Feds deny performance pay to nuke dump operator

ALBUQUERQUE, N.M. (AP) - The contractor that runs the federal government's underground nuclear waste repository is being denied millions of dollars in performance bonuses and fees in financial fallout from a radiation leak.

US pending home climb in November

WASHINGTON (AP) - The number of Americans signing contracts to buy homes rose modestly in November as a strengthening economy helped nudge some would-be homebuyers.

Uber prices to surge during New Year's Eve

NEW YORK (AP) - New Year's Eve: the day to overpay for everything from that glass of flat Champagne to the impossibly-high heels you'll wear just once, to, once again, that ride home from Uber.

Uber prices to surge again this New Year's Eve

NEW YORK (AP) - New Year's Eve: It's the day to overpay for everything from that glass of flat Champagne to the impossibly high heels you'll wear just once, to - once again - that ride from Uber.

Tobacco auction system is all but snuffed out

DANVILLE, Ky. (AP) - Tripp Foy's sing-song chant rang out like a sentimental oldie for die-hard farmers clinging to the old way of selling tobacco in Kentucky. A small procession of buyers shadowed the tobacco auctioneer down long rows of reddish-brown leaf piled in bales.

AP-GfK Poll: Americans support menu labeling

WASHINGTON (AP) - More than half of Americans say they already have enough information at restaurants to decide whether they are making a healthy purchase. But they want even more.

Big winners in China's stock market boom

BEIJING (AP) - 2014 was the Year of the Bull in China's stock market as the main index surged 54 percent, buoyed by hopes Beijing will do more to reverse a slowdown in the world's second-largest economy.

France drops its super tax on millionaires

PARIS (AP) - It was supposed to force millionaires to pay tax rates of up to 75 percent: "Cuba without the sun," as described by a critic from the banking industry. Socialist President Francois Hollande's super tax was rejected by a court, rewritten and ultimately netted just a sliver of its projected proceeds. It ends on Wednesday and will not be renewed.

New laws OK wine shipments, ban tiger selfies

COLUMBUS, Ohio (AP) - New state laws taking effect Thursday give livestock in California more living room, approve direct-to-consumer wine shipments in Massachusetts and levy the ultimate punishment on wannabe teen drivers in Nevada by denying them licenses if they skip too much school.

A look at number of people enrolled in health plans for 2015

More than 4 million people signed up for the first time or re-enrolled in health plans in the first month of the latest sign-up period under the Affordable Care Act, according to a report released Tuesday. A look at how many people in each state enrolled in a marketplace health plan for 2015:

NYPD seeks to engage with 'Twitter school,' blog

NEW YORK (AP) - As city officials work to soften the New York Police Department's image and change how officers engage with citizens through reforms and training, part of the effort is happening online.

Ghost town: As Lithuania joins euro, concern over emigration

VILNIUS, Lithuania (AP) - When Antanas Zubavicius turns the light on in his run-down house, it's the only light for miles. He is the last man in Dumbliuneliai, a once busy farmers' village in Lithuania that has gradually been abandoned as its residents emigrated in search of better jobs.

Official: 6 bodies recovered from AirAsia crash

PANGKALAN BUN, Indonesia (AP) - A massive hunt for the 162 victims of AirAsia Flight 8501 resumed in the Java Sea on Wednesday, with the recovery of six bodies, including a flight attendant identified by her trademark red uniform. But wind, strong currents and high surf hampered recovery efforts as distraught family members anxiously waited to identify their loved ones.

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