Columbus CEO Archives

KINGSTON, Jamaica (AP) - The Bahamas attorney general expressed frustration Thursday with a decision by the developer of a $2.5 billion hotel-and-casino project in Nassau to file for bankruptcy protection in a U.S. court.

SAN JUAN, Puerto Rico (AP) - Puerto Rico's governor says creditors are responsible for helping the U.S. island out of its economic crisis because they lent money knowing the government was running a deficit.

OCEAN CITY, N.J. (AP) - The winner and still champion of New Jersey's Top Ten Beaches contest is ... Ocean City!

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KINGSTON, Jamaica (AP) - The Bahamas attorney general has expressed frustration with a decision by the developer of a $2.5 billion hotel-and-casino project in Nassau to file for bankruptcy protection in a U.S. court.

LOUISVILLE, Ky. (AP) - Kentucky's bourbon boom is showing no signs of peaking as distilleries keep up a production pace unmatched for decades.

NEW YORK (AP) - A trip to New York City turned out to be a nightmare for one Greek newlywed couple.

Business News at 5 p.m.

Stocks ended a tumultuous trading week with a slight loss on Thursday as investors sought safety ahead of an extended Independence Day weekend. Investors sold after the release of a downbeat report from the International Monetary Fund on Greece's finances as the country prepares for a Sunday vote on terms of its bailout. U.S. markets will be closed Friday.

LOS ANGELES (AP) - A former California real estate developer once honored as his city's citizen of the year was sentenced Thursday to the maximum 14 years in prison for bilking investors who poured millions of dollars into failed development projects.

NEW YORK (AP) - A retired New York City firefighter who responded to the World Trade Center on Sept. 11 has won $5 million on a lottery scratch-off ticket.

COLUMBUS, Ohio (AP) - Officials say a plane headed from St. Louis to Washington, D.C., was diverted to central Ohio after a pilot reported a disruptive passenger made threatening statements.

SALT LAKE CITY (AP) - Mormon Sylvia Cabus was thrilled with the U.S. Supreme Court's decision to legalize gay marriage, but those checking out her church's website likely wouldn't have known it.

WASHINGTON (AP) - Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

NEW ORLEANS (AP) - Trying to close the books on the worst offshore oil spill in U.S. history, BP agreed Thursday to provide billions of dollars in new money to five Gulf Coast states in a deal the company said would bring its full obligations to an estimated $53.8 billion.

NEW YORK (AP) - A retired New York City firefighter who responded to the World Trade Center on Sept. 11 has won $5 million on a lottery scratch-off ticket.

NEW YORK (AP) - If investors hoped Thursday's U.S. jobs report would give them clarity, they were probably disappointed.

NEW YORK (AP) - One of New York City's most expensive restaurants agreed to settle a complaint that it added a 20 percent charge for banquets and did not pass the money on to its waiters, officials said Thursday.

NEW YORK (AP) - Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

Fans of Lifetime's melodramatic movies can now see them for $4 a month - without subscribing to cable.

NEW YORK (AP) - An ex-Goldman Sachs and Procter & Gamble board member has been told he can't use a court's ruling in another case to nullify his insider-trading conviction in New York.

CAMDEN, N.J. (AP) - The owners of a popular Jersey shore pizza restaurant chain pleaded guilty Thursday to evading taxes and lying to the IRS.

NEW YORK (AP) - A mail carrier was arrested Thursday on charges he stole over $1 million through a scheme that delivered bogus tax refunds.

Average U.S. long-term mortgage rates rose this week, reaching high levels for the year.

SAN FRANCISCO (AP) - News crews from two San Francisco Bay Area television stations were robbed at gunpoint and a cameraman was pistol whipped during live broadcasts on Thursday.

NEW YORK (AP) - Well, that was a disappointing ending.

CAIRO (AP) - Egypt's president has approved a new budget for fiscal year 2015-2016, slashing the projected budget deficit to 8.9 percent of gross domestic product, the country's finance ministry said Thursday, in a move likely to please international creditors.

WASHINGTON (AP) - New personal financial disclosures from the Supreme Court show that Chief Justice John Roberts and two other justices are maintaining significant investments in individual companies' stock.

A line of inflatable baby floats with a bad seam that can leak air are among this week's recalled consumer products. Other recalled consumer products include faulty snowmobiles and golf cars.

SAN FRANCISCO (AP) - News crews from two San Francisco Bay Area television stations were robbed at gunpoint and a cameraman was pistol-whipped during live broadcasts.

WASHINGTON (AP) - Depending on the sector, June was either a great month for job growth or a lackluster one.

NEW ORLEANS (AP) - BP and five Gulf states announced a record $18.7 billion settlement Thursday that resolves years of legal fighting over the environmental and economic damage done by the energy giant's oil spill in 2010.

WASHINGTON (AP) - New personal financial disclosures from the Supreme Court show that Chief Justice John Roberts and two other justices are maintaining significant investments in individual companies' stock.

LOS ANGELES (AP) - A former California real estate developer once honored as his city's citizen of the year was sentenced Thursday to 14 years in prison for bilking investors who poured millions of dollars into failed development projects.

CAIRO (AP) - Egypt's president has approved a new budget for fiscal year 2015-2016, slashing the projected budget deficit to 8.9 percent of gross domestic product in a move likely to please international creditors. The revised budget deficit for the previous year is 10.8 percent.

SALT LAKE CITY (AP) - A Mormon woman whose photograph was used by her church last week on a webpage explaining the faith's belief that marriage should be between a man and woman says she supports the legalization of gay marriage.

HAVANA (AP) - Cuban authorities have launched public Wi-Fi hotspots along an avenue that is the heart of the capital's cultural and social life.

NEW YORK (AP) - Federal prosecutors say they have charged a New York City mail carrier with stealing over $1 million through a scheme that delivered bogus tax refunds.

HAVANA (AP) - Cuban authorities have launched public Wi-Fi hotspots along a main avenue that is the heart of Havana's cultural and social life, the first step in government promises to gradually roll out such connectivity options on an island that the Internet revolution has largely passed by.

WASHINGTON (AP) - The chief U.S. auto safety regulator says Fiat Chrysler will face sanctions for violating safety laws in multiple recalls.

WASHINGTON (AP) - Black Americans made strides in the job market in June, with their unemployment rate reaching its lowest level in seven years.

Business News at 1:50 p.m.

MINNEAPOLIS (AP) - The federal government has announced plans to step up monitoring of wild birds for avian influenza this fall to provide an early warning of any resurgence of a disease that devastated poultry farms in the Upper Midwest.

WASHINGTON (AP) - Federal health officials have approved a new combination drug for the most common form of cystic fibrosis, the debilitating inherited disease that causes internal mucus buildup, lung infections and early death.

TORONTO (AP) - WestJet says it will not speculate why the airline has received four false bomb threats in five days, forcing flight diversions.

NEW YORK (AP) - One of New York City's most expensive restaurants has agreed to settle a complaint that it added a 20 percent charge for banquets and failed to pass on the extra cash to the waiters.

COLUMBUS, Ohio (AP) - About 1 million low-income Ohio residents could be required to pay a new monthly cost for Medicaid health coverage or potentially lose it under a Republican provision in the state budget, officials estimate.

WASHINGTON (AP) - Federal health officials have approved a new combination drug for the most common form of cystic fibrosis, the debilitating inherited disease that causes internal mucus buildup, lung infections and early death.

NEW YORK (AP) - Whole Foods Market's CEOs apologized Thursday for pricing issues at its stores, a week after a New York investigation found that the natural food grocer routinely overcharged for prepackaged fruits, vegetables and deli meats.

NEW YORK (AP) - "Magic Mike XXL" is narrowly outstripping "Terminator Genisys" at the holiday weekend box office.

NEW YORK (AP) - Ford is recalling 433,000 vehicles, including 2015 Focus, C-MAX and Escape models, because of a software problem that could keep their engines running after drivers try to shut them down.

OCEAN CITY, N.J. (AP) - The winner and still champion of New Jersey's Top Ten Beaches contest is ... Ocean City!

LONDON (AP) - Forgiving debt, if done right, can get an economy back on its feet.

CAMDEN, N.J. (AP) - The owners of a popular Jersey shore pizza restaurant chain have admitted evading taxes and lying to the IRS.

WASHINGTON (AP) - A top U.S. auto safety regulator says that Fiat Chrysler failed to provide timely and accurate recall information to her agency and that customers also have problems getting accurate information.

WARSAW, Poland (AP) - Beata Szydlo led a little-known politician to a surprise victory in Poland's recent presidential election. Now she hopes to repeat that winning formula for herself.

WASHINGTON (AP) - Average long-term U.S. mortgage rates rose this week, reaching high levels for the year.

ATHENS, Greece (AP) - The latest news on Greece's financial woes (all times local):

NEW YORK (AP) - Intel said Thursday that President Renee James, who has worked at the chipmaker for 28 years, plans to leave the company early next year to seek a CEO role elsewhere.

NEW YORK (AP) - You may have noticed your Facebook friends getting considerably more colorful.

PHILADELPHIA (AP) - Philadelphia has legalized and plans to tax Airbnb and other short-term rentals ahead of Pope Francis' visit in September and next year's Democratic National Convention.

NEW YORK (AP) - Google is apologizing after reports surfaced that an automatic image-recognition feature in its Photos application was identifying images of some black people as "gorillas."

WASHINGTON (AP) - Orders to U.S. factories fell in May by the largest amount in three months, while a key category that signals business investment plans dropped for a second month.

MADRID (AP) - Prime Minister Mariano Rajoy has revised Spain's economic growth forecast upward for this year and next and said the improved circumstances allowed him bring forward a tax reduction plan.

WASHINGTON (AP) - Orders to U.S. factories fell in May by the largest amount in three months, while a key category that signals business investment plans dropped for a second month.

BIG SKY, Mont. (AP) - The morning stretched ahead of me with my breakfast meeting finished and my lunch meeting hours away. So while the rest of the conference attendees headed for the next presentation, I played hooky to try hooking a trout on one of Montana's blue-ribbon streams that just happened to be across the roadway.

NEW YORK (AP) - Barnes & Noble, which is splitting into two companies next month, named Sears Canada CEO Ronald Boire to lead its retail operations and said company CEO Michael Huseby will become executive chairman its educational wing.

HONG KONG (AP) - Chinese soccer team Guangzhou Evergrande Taobao, owned by e-commerce giant Alibaba and one of the country's biggest property developers, could become the first club listed in Asia after applying to the Chinese stock market.

BERLIN (AP) - A Google subsidiary has apologized for making Nazi concentration camps part of a mobile role-playing game.

NEW YORK (AP) - Barnes & Noble, which plans to split into two companies next month, has tapped Sears Canada CEO Ronald Boire to lead the bookseller's retail business. After the split, current CEO Michael Huseby will become executive chairman of the separate college bookstore business.

ATHENS, Greece (AP) - The battle for Greek votes entered full swing Thursday ahead of a crucial weekend referendum that could decide whether the country falls out of the euro. For Greeks, particularly the elderly, the daily struggle to get cash ground on in the face of uncertainty.

NEW ORLEANS (AP) - Officials in Florida, Alabama, Mississippi and Louisiana have announced an $18.7 billion settlement with BP that resolves years of litigation over the 2010 Gulf of Mexico oil spill.

MUMBAI, India (AP) - Drivers of Mumbai's iconic horse-drawn carriages can't imagine not plying the roads pulling photo-snapping tourists atop their kitsch-covered chariots.

Medicaid coverage provider Centene will pay about $6.3 billion to buy fellow insurer Health Net, as managed-care companies look to bulk up while adjusting to the federal health care overhaul.

WASHINGTON (AP) - US unemployment rate falls to 5.3 percent as employers add 223,000 jobs in June.

WASHINGTON (AP) - Applications for US jobless benefits rise to still-low 281,000, a sign of healthy job market.

WASHINGTON (AP) - U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3 percent, a seven-year low. The numbers show the job market moving close to full health and raising expectations that the Federal Reserve will start raising interest rates as early as September.

WASHINGTON (AP) - More people sought U.S. unemployment benefits last week, but the level of applications is still low and points to an improving job market.

NEW YORK (AP) - Spanish-language broadcasting company Univision Holdings Inc. filed plans Thursday to launch an initial public offering of its stock.

WARSAW, Poland (AP) - The U.S. media company Scripps Networks Interactive Inc. has finalized an agreement for a controlling stake in Poland's largest commercial broadcaster, a 584 million-euro ($650 million) deal that comes as the U.S. company expands into Europe.

NEW YORK (AP) - Spanish-language broadcasting company Univision Holdings Inc. filed plans Thursday to launch an initial public offering of its stock.

BERLIN (AP) - The German government is scrapping plans for a levy on the most-polluting coal-fired power stations and will instead phase some of the plants out.

Medicaid coverage provider Centene is spending about $6.3 billion to buy fellow insurer Health Net, as managed care companies look to bulk up while adjusting to the federal health care overhaul.

PALO ALTO, Calif. (AP) - Tesla's second-quarter deliveries surged 52 percent to set a company record exceeding 11,000 vehicles.

PARIS (AP) - A French appeals court ruled Thursday that a German product-testing company does not have to compensate more than 3,000 women with leak-prone breast implants - and now the women may have to pay back more than 11 million euros ($12 million) in collective damages they received in a lower-court ruling.

PARIS (AP) - A French appeals court has ruled that a German product-testing company does not have to compensate more than 1,000 women with leak-prone breast implants, overturning a lower court decision.

COPENHAGEN, Denmark (AP) - Sweden's central bank has cut its key interest rate to a record low of minus 0.35 percent saying "events in Greece over the past few days have substantially increased the uncertainty."

ATHENS, Greece (AP) - The latest news on Greece's financial woes (all times local):

The prospect of a Greek crackup isn't so terrifying anymore.

WASHINGTON (AP) - U.S. employers likely hired at another strong pace in June, a sign that the job market is nearing full health and giving the Federal Reserve reason to raise interest rates as early as September.

The prospect of a Greek crackup isn't so terrifying anymore.

TAIPEI, Taiwan (AP) - A pilot described by colleagues as nervous and hasty mistakenly throttled down a still-running engine following a glitch with the other engine in an airline crash that killed 43 people in Taiwan in February, flight safety officials said Thursday.

SUPERIOR, Ariz. (AP) - Outside of an aging mining town in the mountains east of Phoenix, a copper company has burrowed a shaft 1.3 miles into the high desert landscape in what is believed to be the deepest such mine in the U.S.

LOS ANGELES (AP) - The Macy's department store chain joined an ongoing exodus from association with Donald Trump and New Mexico's governor and New York City's mayor slammed him over his comments on Mexican immigrants.

ATHENS, Greece (AP) - Greece braced for more chaos on the streets outside its mostly shuttered banks Thursday, as Athens and its creditors halted talks on resolving the country's deepening financial crisis until a referendum this weekend.

WASHINGTON (AP) - The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press.

SEOUL, South Korea (AP) - Asian stocks were higher on Thursday as strong U.S. payroll data overshadowed worries about Greek debt.

SAN FRANCISCO (AP) - The FBI is working with police to catch vandals behind nearly a dozen fiber-optic cable cuts in Northern California in the past year.

SAN FRANCISCO (AP) - A former undercover drug agent pleaded guilty Wednesday to extortion and other charges after authorities said he used his position to steal more than $700,000 in digital currency, most of it siphoned from an online drug bazaar known as Silk Road that he infiltrated as part of a federal investigation.

DOVER, Del. (AP) - Frustrated with years of legal wrangling, a Delaware judge has given a lender 60 days to decide whether to buy the former presidential yacht Sequoia, which lies rotting in a Virginia shipyard.

MEXICO CITY (AP) - Mexico's largest pet store chain has agreed to stop selling 47 species of birds and other animals native to Mexico, 18 of which are considered at risk or in danger of extinction.

Federal income tax returns from 2007 through 2014 for Hillary Rodham Clinton and her husband, former President Bill Clinton, show a surge in earnings in recent years and provide new details on aspects of their business dealings.

COLLEGE PARK, Md. (AP) - The American Journalism Review will stop publishing online, bringing to an end 38 years of reporting on the news media.

MEXICO CITY (AP) - Residents of a heavily Indian area have approved the installation of a huge wind power project in the Isthmus of Tehuantepec in southern Mexico, the Oaxaca state government said Friday.

SPARKS, Nev. (AP) - Fifteen years after Nevadans voted to legalize it, medical marijuana was sold legally in the state for the first time Friday at a dispensary in a strip mall about 5 miles east of downtown Reno.

SAN FRANCISCO (AP) - Some hackers are exploiting Microsoft's offer of free upgrades to its new Windows 10 operating system.

SAN JUAN, Puerto Rico (AP) - Puerto Rico's government says it cannot make an upcoming $58 million bond payment and is warning that the general fund will run out of liquidity by November if no action is taken.

SAN JUAN, Puerto Rico (AP) - Puerto Rico's government says it cannot make an upcoming $58 million bond payment and is warning that the general fund will run out of liquidity by November if no action is taken.

PORTLAND, Maine (AP) - The owner of a farm where a teenager was killed on a Halloween-themed hayride last fall said he never would have allowed a vehicle with mechanical problems to haul people on the attraction.

Early Apple Watch sales indicate the company has brought a new, not to mention exciting, reality to the wearables market.

JET Task Force breathes new life into redevelopment of airport-adjacent acreage.

OSU's president on his first year and the challenges facing academia.

NEW YORK (AP) - The U.S. government is seeking to stop Electrolux from buying General Electric's appliance division, saying the combined company would dominate sales of ovens and other cooking-related kitchen appliances, especially to customers like home builders, property managers, hotels, and governments.

SAN FRANCISCO (AP) - Hewlett-Packard is moving forward with plans to split into two companies, filing paperwork to create a new entity that will sell commercial technology, while a separate spinoff will sell personal computers and printers.

SAN FRANCISCO (AP) - A former undercover federal agent pleaded guilty to extortion and related charges after acknowledging he channeled more than $700,000 in digital currency from the Silk Road online drug bazaar he was investigating.

SACRAMENTO, Calif. (AP) - Less than a month after edging out Brazil, California has slipped back to its ranking as the eighth-largest economy in the world based off an update of global economic data released Wednesday.

Boxing promoter Bob Arum filed suit Wednesday against Al Haymon and his financial backers, claiming they are violating federal law by acting as illegal promoters and monopolizing fighters and venues for fights.

WASHINGTON (AP) - Medicare proposed Wednesday to ease a coverage policy on short hospital stays that has been criticized because it can result in higher costs for seniors.

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Kevin Flores has more than six years to pay off the loan on his new Nissan Frontier pickup.

DES MOINES, Iowa (AP) - The U.S. subsidiary of a Brazilian-based international meat processor is buying the pork division of Cargill Inc.

Boxing promoter Bob Arum filed suit Wednesday against Al Haymon and his financial backers, claiming they are violating federal law by acting as illegal promoters and monopolizing fighters and venues for fights.

KINGSTON, Jamaica (AP) - Jamaican government officials, lawyers and creative types have held a reggae conference to hash over ways of securing a competitive advantage with the homegrown music that long ago went global.

Stocks closed higher Wednesday as investors became optimistic that a deal could be struck on Greece's debt issues. Hopes were raised after Greece's government appeared to soften its stance toward its creditors. However, European officials ruled out any deal before a Greek referendum on the matter, scheduled for this weekend.

Business News at 5 p.m.

Automakers released June U.S. sales figures Wednesday. These are the top sellers, the number sold and the percent change from June 2014.

NEW YORK (AP) - The CEOs of government-backed mortgage giants Fannie Mae and Freddie Mac are getting large raises, to about $4 million a year, as the government relaxes rules that were imposed on the companies after they suffered big losses and were bailed out.

BUENOS AIRES, Argentina (AP) - As Argentines closely watch the financial turmoil in Greece recalling their own worst crisis 14 years ago, the architect of the South American country's recovery has a message for the European nation: renegotiate your debt.

WASHINGTON (AP) - A new poll finds that most Americans approve of the recent Supreme Court decision preserving the health care law's subsidized insurance premiums for people in all 50 states.

NEW YORK (AP) - Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:

WASHINGTON (AP) - Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

BERLIN (AP) - Automaker Volkswagen says a robot has killed a contractor at one of its production plants in Germany.

COLUMBUS, Ohio (AP) - The state can sell a central Ohio prison to a private company under a bill on the way to Gov. John Kasich, creating the second privately owned and operated correctional institution in the state.

NEW YORK (AP) - The CEOs of government-backed mortgage giants Fannie Mae and Freddie Mac are getting large raises, to about $4 million a year, as the government relaxes rules that were imposed on the companies after they suffered big losses and were bailed out.

Four golf organizations that have tournaments scheduled at Donald Trump courses do not share his views - not on Mexican immigrants, or recent comments that the golf industry knows that he's right.

NEW YORK (AP) - U.S. customs officials have recovered a bronze religious statue from the 11th or 12th century that they say was looted from a temple in India.

NEW YORK (AP) - The U.S. government is suing to stop Electrolux from buying General Electric's appliance division, saying the combined company would dominate sales of kitchen appliances to customers like home builders, property managers, hotels, and governments.

WASHINGTON (AP) - The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press.

DAYTON, Ohio (AP) - A man extradited from Iraq in a military contract bribery case has been sentenced in Ohio to 2 1/2 years in prison.

NEW YORK (AP) - About 3,000 inflatable baby floats are being recalled because they can deflate, posing a risk that a child could drown.

NASHVILLE, Tenn. (AP) - President Barack Obama is using the momentum from a recent Supreme Court victory for his health care law to change the conversation from talk about undoing his signature domestic achievement to talk about how to improve it.

PORTLAND, Ore. (AP) - Oregon is easing into an era of legal marijuana after an early-morning party on a bridge at the center of Portland.

Business News at 2 p.m.

SANTA MONICA, Calif. (AP) - Uncle Pennybags is going to Hollywood.

FRANKFORT, Ky. (AP) - Lawyers for a Christian ministry that's building a Noah's ark theme park in Kentucky say state officials violated First Amendment religious protections when they denied the project a state tax incentive worth millions.

WASHINGTON (AP) - Document shows Justice Dept investigating whether airlines are colluding to keep airfares high.

MILWAUKEE (AP) - Hundreds of Milwaukee County union bus drivers went on strike early Wednesday, leaving tens of thousands of commuters scrambling to make alternative plans to get to work and elsewhere.

NASHVILLE, Tenn. (AP) - President Barack Obama is using the momentum from a recent Supreme Court victory for his health care law to change the conversation from talk about undoing his signature domestic achievement to talk about how to improve it.

WASHINGTON (AP) - A document obtained by The Associated Press shows the Justice Department is investigating whether airlines are colluding to grow at a slower pace as part of an effort to keep airfares high.