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Microsoft logo
Microsoft logo ( Stephen Lam/Getty Images)
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Microsoft sheds some of its ad business, mapping service

SAN FRANCISCO (AP) -- Microsoft is handing off some its digital advertising business to AOL and selling its street-image mapping operation to Uber, as the giant software company tries to focus on activities more relevant to its core business.

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Category: Money & Business
President Barack Obama speaks at the Ray & Joan Kroc Corps Community Center in Camden
President Barack Obama speaks at the Ray & Joan Kroc Corps Community Center in Camden (AP Photo/Pablo Martinez Monsivais)
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Obama proposal would make 5 million more eligible for OT

Salaried workers who earn nearly $1,000 per week would become eligible for overtime pay under a proposal President Barack Obama unveiled Monday, lamenting that too many Americans are working too many hours for less pay than they deserve.

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People are reflected on an electronic stock indicator of a securities firm in Tokyo
People are reflected on an electronic stock indicator of a securities firm in Tokyo (AP Photo/Shizuo Kambayashi)
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US stocks notch worst day of year as Greek crisis escalates

Fears that Greece's troubles could spread through the global financial system shook markets on Monday, driving U.S. stocks to their worst day of the year.

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Category: Money & Business, News
Wealth
Purestock, ThinkStock
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Incomes rise for bottom 99 pct.; US inequality still worsens

Solid job growth is finally boosting paychecks for the rest of us.

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The former Revel casino in Atlantic City
The former Revel casino in Atlantic City (AP Photo/Wayne Parry)
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Bank says Revel power plant company in danger of failing

ATLANTIC CITY (AP) — A dispute over utilities that is keeping Atlantic City's former Revel casino from reopening is getting worse.

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House for Sale
Tim Boyle, Getty Images
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US pending home sales climb to 9-year high

More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level in more than nine years.

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Woman using her phone on vacation
LDProd, ThinkStock
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‘Workcations’ new trend in office jobs

Some of us will take a "workcation" this year, as we will go away from the office but not quite get away from it all.

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Burned-out lights in the illuminated facade of Trump Plaza Hotel & Casino in Atlantic City
Burned-out lights in the illuminated facade of Trump Plaza Hotel & Casino in Atlantic City (AP Photo/Wayne Parry)
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Deed would keep Trump Plaza shut for at least 10 years

ATLANTIC CITY, N.J. (AP) -- The owners of Atlantic City's former Trump Plaza casino plan to keep it shut for at least 10 years as a tax-saving measure.

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European Central Bank President Mario Draghi
European Central Bank President Mario Draghi (AP Photo/Michael Probst, File)
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European Central Bank refuses to increase credit for Greece

ATHENS, Greece (AP) -- The European Central Bank refused to increase emergency credit to Greek banks on Sunday, a day after the government threw Greece's bailout negotiations into turmoil by calling a referendum on creditors' financial proposals.

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Category: Money & Business, News
A Wawa gas station in Manchester
A Wawa gas station in Manchester (Dan Alexander, Townsquare Media NJ)
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AAA Mid-Atlantic says New Jersey gas prices down slightly

TRENTON (AP) — For the first time in several weeks, motorists are seeing lower prices at the pumps in New Jersey.

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