Columbus CEO Archives

August 2015 Edition

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Bush, other GOP hopefuls address Koch brothers gathering

DANA POINT, Calif. (AP) - Billionaire industrialist Charles Koch warned America is "done for" if the conservative donors and politicians he gathered at a retreat this weekend don't rally others to their cause of demanding a smaller, less-intrusive government.

Things to know about Canadian hydropower in US Northeast

Power produced by hydroelectric generators in Canada have played a part in the U.S. Northeast's electricity landscape for four decades, and experts say its role will only increase. Some points about current production and proposals to bring more Canadian power to the region:

Official: New debris found in Reunion not a plane part

PARIS (AP) - A senior Malaysian official says that an object found in Reunion has been confirmed as "a domestic ladder" and is not a plane part, amid media reports that a new piece of plane debris was found on the island.

Obama to require steeper emissions cuts from US power plants

NEW YORK (AP) - President Barack Obama will impose even steeper cuts on greenhouse gas emissions from U.S. power plants than previously expected, White House officials said Sunday, in what the president called the most significant step the U.S. has ever taken to fight global warming.

Conservative donor Koch urges end to 'corporate cronyism'

DANA POINT, Calif. (AP) - Billionaire industrialist Charles Koch is challenging a group of roughly 450 like-minded conservative political donors to advocate for ending "corporate cronyism" - policies that in many cases help their businesses.

Conservative donor Koch urges end to 'corporate cronyism'

DANA POINT, Calif. (AP) - Billionaire industrialist and conservative political donor Charles Koch welcomed a group of roughly 450 like-minded fundraisers to one of his twice-annual conferences Saturday by challenging them to advocate for ending "corporate cronyism" - even if those policies help their businesses.

Luxury Home Auctions Glance

Sales of luxury homes through auctions have steadily climbed since the economy started recovering, giving sellers an option outside of the traditional list-and-wait method.

Some Midwest farmers' crops falter in record rains

INDIANAPOLIS (AP) - Weeks of record rainfalls drenched Don Lamb's cornfields this summer, drowning some plants and leaving others yellowed, 2 feet tall and capable of producing little, if any, grain.

Clinton releases tax, medical records as emails made public

WASHINGTON (AP) - Hillary Rodham Clinton and her husband paid close to $44 million in federal taxes since 2007 and she is in "excellent physical condition," two facts that emerged in a flood of disclosures from the campaign of the Democratic presidential candidate.

A look at Hillary Clinton's 2007-2014 federal tax returns

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.

Hillary, Bill Clinton earn more than $139M between 2007-14

WASHINGTON (AP) - Democratic presidential candidate Hillary Rodham Clinton and her husband, former President Bill Clinton, earned more than $139 million between 2007 and 2014, according to eight years of federal income tax returns released by her campaign on Friday.

Pacific trade ministers fail to reach deal in Hawaii talks

LAHAINA, Hawaii (AP) - Trade ministers from a dozen Pacific Rim nations failed to reach a deal on a new trade agreement that would cover nearly 40 percent of the global economy, U.S. Trade Representative Michael Froman said Friday.

China's manufacturing shows zero growth in July

BEIJING (AP) - China's manufacturing recorded no growth in July, in a sign of weakness in the world's second-largest economy, according to data released by an industry group on Saturday.

Book review: The history of 'Hotel Life'

Booking a nice hotel is a treat, but did you ever consider the history of the hotel itself? Read Hotel Life by Caroline Field Levander and Matthew Pratt Guterl, and you will.

Huckabee earned nearly $4M from speeches, publishing in 2014

DENVER (AP) - Former Arkansas Gov. Mike Huckabee in 2014 earned nearly $1 million from giving speeches and nearly $3 million from a publishing company that he runs, according to financial records the Republican presidential filed Friday with federal regulators.

Pacific trade ministers wrapping up talks at Hawaii resort

LAHAINA, Hawaii (AP) - Ministers from a dozen Pacific Rim nations meeting at a Hawaii resort are wrapping up four days of talks on the establishment of a new trade agreement that would cover nearly 40 percent of the global economy.

Farm owner thought vehicle was fine before hayride crash

PORTLAND, Maine (AP) - The owner of a Maine farm where a teenager was killed on a Halloween-themed hayride says he never would've allowed a vehicle with mechanical problems to operate. He says he even had a backup tractor and wagon ready to go on the night of the tragedy.

Runaway rail car kicked loose by teen hits New York station

UTICA, N.Y. (AP) - Video surveillance footage released Friday shows a rail car that was accidentally set in motion by a 13-year-old boy ramming an antique locomotive into a train station, sending passengers waiting for a train scrambling for safety.

Lawsuit: Anti-abortion group secretly recorded providers

SAN FRANCISCO (AP) - An association of abortion providers is asking a court to block the release of recordings they say were made by an anti-abortion group that has previously revealed several surreptitiously recorded videos of a Planned Parenthood leader discussing the sale of aborted fetuses for research.

Extended slump in oil taking toll on industry, economy

NEW YORK (AP) - As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth.

Recalls this week: dry erase boards, sweaters, mattresses

More than 3 million magnetic and dry erase boards are being recalled because of metal edges that have already caused several hand and cuts. Other recalled consumer products include mattresses that don't meet safety standards and tablet computers with overheating batteries.

Brazil's Petrobras receives more than $20 million

RIO DE JANEIRO (AP) - Brazil's state-owned oil company has received the equivalent of more than $20 million that was recovered as a result of an investigation into a corruption-kickback scandal engulfing Petrobras.

German justice minister casts doubt on treason probe

BERLIN (AP) - Germany's justice minister on Friday questioned a decision by prosecutors to open a treason investigation against two journalists, a move that prompted strong criticism from free speech activists.

Roche drug maker probed in Romania in graft case

BUCHAREST, Romania (AP) - Swiss pharmaceuticals company Roche confirms it is being investigated by anti-corruption prosecutors looking for evidence that drug companies offered doctors vacations and other incentives in exchange for prescribing cancer drugs.

Roche drug maker confirms it's being probed in Romania

BUCHAREST, Romania (AP) - Swiss pharmaceuticals company Roche confirms it is being investigated by anti-corruption prosecutors looking for evidence that drug companies offered doctors vacations and other incentives in exchange for prescribing cancer drugs.

Exxon profit falls by half but production rises

NEW YORK (AP) - Exxon Mobil Corp. profit dropped by half in the second quarter on sharply lower oil and gas prices around the world, but the company's oil and gas production, which has been generally declining in recent years, surged.

Returning emigrants could overwhelm Portugal, analysts say

LISBON, Portugal (AP) - Portuguese analysts are warning that the country's feeble economy and overburdened welfare programs are at risk from a potentially massive return of emigrants who left in search of jobs during the eurozone's recent financial crisis.

EU to probe FedEx takeover of Dutch rival TNT

BRUSSELS (AP) - The European Union is opening an in-depth probe into whether FedEx's proposed $4.9 billion takeover of Dutch company TNT would strangle competition in the massive market for small package deliveries.

Exxon profit falls by half but production rises

NEW YORK (AP) - Exxon Mobil Corp. profit dropped by half in the second quarter on sharply lower oil and gas prices around the world, but the company's oil and gas production, which has been generally declining in recent years, surged.

US wage growth falls to record-slow pace in 2nd quarter

WASHINGTON (AP) - U.S. wages and benefits grew in the spring at the slowest pace in 33 years, stark evidence that stronger hiring isn't lifting paychecks much for most Americans. The slowdown also likely reflects a sharp drop-off in bonus and incentive pay for some workers.

Spain to give civils servants first pay rise in 5 years

MADRID (AP) - Spain's prime minister has promised a 1 percent pay rise for Spain's 2.5 million civil servants in 2016, their first hike in five years after public spending was reined in because of the country's economic crisis.

US wage growth falls to record-slow pace in 2nd quarter

WASHINGTON (AP) - U.S. wages and benefits grew in the spring at the slowest pace in 27 years, stark evidence that stronger hiring hasn't boosted pay. The slowdown also reflects a sharp drop-off in bonus and incentive pay.

Russia's central bank cuts key interest rate

MOSCOW (AP) - The Russian Central Bank cut its key interest rate by 0.5 percentage points to 11 percent on Friday, bowing to the pressure of businesses to make lending more accessible.

Russia's central bank cuts key interest rate

MOSCOW (AP) - Russia's Central Bank has cut its key interest rate by 0.5 percentage points to 11 percent, bowing to the pressure of businesses to make lending more accessible.

Polish plan to honor Portuguese-run supermarket sparks anger

WARSAW, Poland (AP) - Poland's government has postponed plans to bestow a top honor on the Portuguese businessman who runs popular discount supermarket chain Biedronka after a public outcry over the company's alleged exploitation of workers.

Lloyds bank first half net income up 15 percent

LONDON (AP) - Lloyds Banking Group says first-half net income rose 18 percent to 677 million pounds ($1.05 billion) as the government-backed bank accelerated its recovery from the financial crisis.

Greek bailout talks to shift gear

ATHENS, Greece (AP) - Lead negotiators from the European Union and International Monetary Fund began an intensive round of talks with Greece on Friday to hammer out details of a third international bailout worth some 85 billion euros ($93 billion).

Airbus takes 290M euro charge for military transport crash

FRANKFURT, Germany (AP) - Plane maker Airbus Group SE said Friday its net profit rose 5 percent in the second quarter to 732 million euros ($805 million) despite a one-time charge stemming from the crash of one of its military transport planes in Spain.

Swiss central bank reports hefty 2nd-quarter loss

BERLIN (AP) - Switzerland's central bank is reporting a hefty loss for the second consecutive quarter after its decision to drop a cap on the franc's value against the euro sent the national currency soaring higher.

Scientist: Oil slick likely from natural seafloor seepage

LOS ANGELES (AP) - Beaches along the Santa Barbara County coast remained open to swimmers, surfers and sunbathers Friday as the Coast Guard worked to determine whether an oil slick that materialized just offshore this week was simply the result of natural ocean-floor seepage.

Australian seated beside overweight passenger sues Etihad

BRISBANE, Australia (AP) - Etihad Airways said Friday that it will continue to fight a lawsuit by a passenger who says he was left with back pain because he was seated beside an overweight man on a 14-hour flight from the United Arab Emirates to Sydney.

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