• Crayola to open family attraction in Orlando


    EASTON, Pa. (AP) — Crayon manufacturer Crayola is building a family attraction in Florida, similar to the one it operates in its home state of Pennsylvania, and more could be on the way around the country if the new place does well. The company said Tuesday that Crayola Experience Orlando will open next summer at The Florida Mall. Crayola Experience Orlando will feature 25 hands-on activities in 70,000 square feet of space. One attraction will let children create their own unique crayon with a personalized wrapper. Another will let kids appear on their own coloring page. "We definitely feel like there's an opportunity to expand in major markets around the country," Crayola CEO Mike Perry told The Associated Press.

  • Analysts: Samsung phone shipments falter in 2Q


    NEW YORK (AP) — An analyst firm says Samsung Electronics Co., the world's biggest maker of smartphones, saw its sales drop in the second quarter. It lost ground to upstart Chinese manufacturers after several years of headlong growth. Research firm IDC says Samsung's smartphone sales fell 4 percent compared to a year ago, even though the quarter saw the launch of the latest top-flight model, the Galaxy S5. The Korean company reported its quarterly results three weeks ago. It doesn't provide smartphone sales figures, but it was evident that the Samsung sales machine was stalling. Operating profit declined, and Samsung said sales of medium- and low-end smartphones were weak in China and in some European countries because of st

  • Taking Stock: Seven cheap stocks purely a speculative buy

    By Malcolm Berko, For The Oklahoman | Updated: Fri, Jul 25, 2014

    Malcolm Berko: I know bupkis about cheap stocks. But Big Jack, an on-again, off-again acquaintance of mine who was a low-level big shot at Merrill Lynch when John “The Pain” Thain was chosen as CEO, is a recognized certifiable cheap stock genius, or CCSG.

  • “Ace” Greenberg, Oklahoma City native and former head of Bear Stearns, dies at 86

    By Don Mecoy, Business Editor | Updated: Fri, Jul 25, 2014

    The Wall Street legend led Bear Stearns as it grew into one of the most profitable investment banks in history.

  • Across U.S. job market, layoffs are becoming rare

    By The Associated Press | Published: Fri, Jul 25, 2014

    Employers have added 200,000-plus jobs for five straight months, and the unemployment rate has reached 6.1 percent, the lowest since 2008.

  • Regulators consider acting against S&P over ratings

    Published: Wed, Jul 23, 2014

    Standard & Poor’s said Wednesday the Securities and Exchange Commission has told the rating agency they are considering taking civil enforcement action over ratings S&P gave to six deals in 2011 involving securities tied to commercial mortgages.

  • Study says bachelor's not needed for medical careers

    By Catherine Sweeney, Business Writer | Published: Wed, Jul 23, 2014

    Bachelor’s degrees aren’t necessarily vital to successful medical careers, according to a national study by the Brookings Institute.

  • Customer protection ideas against identity theft

    Published: Wed, Jul 23, 2014

    People aren’t likely to stop using their credit and debit cards any time soon, and as data breaches become increasingly common, consumers don’t often know what to do when a company they’ve done business with experiences a breach.

  • Health care industry investments can create healthy portfolio

    Published: Sun, Jul 20, 2014

    Berko says Obamacare will boost issues in the health care sector.

  • World events prompt buying in commodities markets

    Published: Sun, Jul 20, 2014

    The death of nearly 300 people on a Malaysia Airlines flight caused a sell-off in stocks and sent buyers to commodities that could be affected by the incident.

  • Smart Moves: Horizontal vs. vertical living

    by Ellen James Martin | Updated: Fri, Jul 18, 2014

    Homebuyers should carefully evaluate their current and future needs when deciding how many floors they need in a home, as what works for a young couple may prove troublesome for older people.

  • Average U.S. mortgage rates dip slightly

    By MARTIN CRUTSINGER, AP Economics Writer, AP Economics Writer | Published: Fri, Jul 18, 2014

    Mortgage company Freddie Mac reported Thursday that the nationwide average for a 30-year loan dropped to 4.13 percent, down from 4.15 percent last week.

  • FedEx charged with assisting illegal pharmacies

    By PAUL ELIAS, Associated Press | Published: Thu, Jul 17, 2014

    The Memphis, Tenn.-based delivery company FedEx is accused of shipping the powerful sleeping aid Ambien, anti-anxiety medications Valium and Xanax, and other controlled drugs to customers who had no legitimate medical need and lacked valid prescriptions.

  • Senate Republicans block effort to reverse Hobby Lobby decision

    By Chris Casteel, Washington Bureau | Published: Wed, Jul 16, 2014

    Democrats fall just short of necessary votes to advance legislation aimed at requiring for-profit companies to comply with birth control mandate in Affordable Care Act.

  • Nordstrom ads feature models with disabilities

    By BETH J. HARPAZ, Associated Press | Published: Wed, Jul 16, 2014

    It’s not easy to find models with disabilities in ads for the fashion and beauty industry — unless you look in the Nordstrom catalog.

  • U.S. House votes to extend Internet tax moratorium

    By STEPHEN OHLEMACHER, Associated Press | Published: Wed, Jul 16, 2014

    Under current law, the moratorium expires Nov. 1, exposing Internet users to the same kind of connection fees that often show up on telephone bills.

  • Equal Employment Opportunity Commission updates 30-year-old protections against discrimination of pregnant workers

    By TOM RAUM, Associated Press | Published: Wed, Jul 16, 2014

    Agency toughens protections for pregnant workers in effort to combat workplace discrimination or harassment.

  • Labor market still needs support, Federal Reserve chairwoman says

    By MARTIN CRUTSINGER, Associated Press | Published: Wed, Jul 16, 2014

    U.S. economic recovery isn’t complete and extra caution is warranted, Federal Reserve Chair Janet Yellen said Tuesday while addressing the Senate Banking Committee delivering the Fed’s semi-annual economic report to Congress.

  • U.S. companies look overseas for tax relief

    By TOM MURPHY, Associated Press | Published: Tue, Jul 15, 2014

    These tax-lowering overseas deals, combining operations with foreign businesses have raised concerns among some U.S. lawmakers over the potential for lost tax revenue.

  • Citigroup to pay $7 billion in mortgage settlement

    By ERIC TUCKER, Associated Press | Published: Mon, Jul 14, 2014

    Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said “shattered lives” and contributed to the worst financial crisis in decades, the Justice Department said Monday.