MailTribune.com Headlines: Business

Abercrombie & Fitch CEO: Quote taken 'out of context'

Sat, 18 May 2013 00:20:11 -0400

Abercrombie & Fitch Chief Executive Officer Michael S. Jeffries finally has addressed criticism regarding controversial comments he made during a 2006 interview that has resurfaced and gone viral over the past week.

People in Business

Sat, 18 May 2013 00:20:08 -0400

Medical aesthetician and laser technician Corie Nunes has joined the staff of King Aesthetics, a skin-care treatment practice at 3180 State St., Medford.

Internet currency on verge of mainstream

Sat, 18 May 2013 00:20:07 -0400

Not that long ago, the virtual currency Bitcoin was one of the Internet's great rebel causes, a digital form of money embraced by libertarians and anti-establishment types who saw it as a way to diminish the power of big governments and big corporations.

Bar fight brewing

Fri, 17 May 2013 01:45:16 -0400

A Medford nightclub owner warns that more shenanigans may be in store for the downtown if a tattoo shop owner opens a pub in the location of a former notorious bar on Riverside Avenue.

American Airlines favors passengers without roller bags

Fri, 17 May 2013 00:25:06 -0400

FORT WORTH, Texas — In a quest to speed up the boarding process, American Airlines is letting passengers board sooner if they travel lightly.

Consumer prices drop sharply again in April

Fri, 17 May 2013 00:25:05 -0400

WASHINGTON — Another sharp decline in the cost of gasoline pushed consumer prices lower in April for the second-straight month and inflationary pressure dropped to the lowest rate since late 2010, the U.S. government reported Thursday.

Local Business

Fri, 17 May 2013 00:25:05 -0400

Togo's sandwich shop has opened a second Medford site, at 1310 Center Drive, in the Harry & David Country Village.

Older passengers keep airport's numbers climbing

Fri, 17 May 2013 00:25:04 -0400

There's a simple explanation for the sustained rebound in passenger traffic at the Medford airport — the finances of older folks are back in order.

Regence layoffs hit home as 14 in Medford lose jobs

Fri, 17 May 2013 16:28:03 -0400

Regence BlueCross BlueShield is laying off 56 employees across four states, including 14 at its Commerce Drive office in Medford.

Local business

Thu, 16 May 2013 01:30:12 -0400

The Medford AAA Service Center, 1777 E. Barnett Road, will have a grand reopening and ribbon-cutting ceremony at 10 a.m. today.

The mobile messaging fight is on

Wed, 15 May 2013 23:22:27 -0400

SAN FRANCISCO — WhatsApp is one of Silicon Valley's most buzzed-about companies, yet it actively avoids the spotlight, operating out of a small office in Mountain View, Calif., with no sign on the building entrance or on the office door.

Oregon has second-lowest rate for business taxes

Wed, 15 May 2013 23:21:55 -0400

Overall business taxes are lowest in Delaware and highest in Alaska, according to a study from economic consulting firm Anderson Economic Group.

Idaho spud giant bets on biotech potatoes

Wed, 15 May 2013 23:21:28 -0400

BOISE, Idaho — A dozen years after a customer revolt forced Monsanto to ditch its genetically engineered potato, an Idaho company aims to resurrect high-tech spuds.

Families cut first-quarter debt to pre-recession levels

Wed, 15 May 2013 23:19:57 -0400

WASHINGTON — American families reduced their debt load in the first three months of the year by 1 percent, bringing it down to pre-recession levels after an uptick in the last quarter of 2012, the Federal Reserve said on Tuesday.

Half of U.S. moms think their kids aren't ready for job market

Fri, 17 May 2013 10:56:43 -0400

LOS ANGELES — Nearly half of American mothers think their children are unprepared to get a job and one-third say their kids aren't ready to live on their own, according to a new study.

Feds charge 89 with Medicare fraud

Wed, 15 May 2013 02:55:10 -0400

WASHINGTON — Nearly 100 people, including 14 doctors and nurses, were charged for their roles in separate Medicare scams that collectively billed the taxpayer-funded program for $223 million in bogus charges in a massive bust spanning eight cities,...

Local business

Wed, 15 May 2013 02:55:08 -0400

Erickson Air-Crane shares have continued to strengthen following last week's first-quarter 2013 earnings report. In fact, the company's shares have more than tripled since they first began trading last spring.

The ruin that venture capitalists can bring

Wed, 15 May 2013 00:06:18 -0400

Famed vacuum-cleaner maker David Oreck didn't pay close attention to Harry & David's Chapter 11 bankruptcy travails, but he certainly understands how companies can slip into the abyss.

Big 4 cellphone carriers unite for ads against texting at wheel

Wed, 15 May 2013 00:05:58 -0400

NEW YORK — The country's four biggest cellphone companies are set to launch their first joint advertising campaign against texting while driving, uniting behind AT&T's "It Can Wait" slogan to blanket TV and radio this summer.

U.S. retail sales rebound in April on cars, clothing

Tue, 14 May 2013 00:25:15 -0400

WASHINGTON — Lower-priced gas allowed Americans to step up their spending at retailers in April, from cars and clothes to electronics and appliances.