Business News

ANN ARBOR, Mich. (AP) – A popular Ann Arbor sports shop is marking 100 years in business. The Ann Arbor News reports that Moe Sports Shop is well-known as the place to get University of Michigan apparel.

NEWARK, N.J. (AP) – Supporters of legalized sports betting in New Jersey have won a victory in court. The 3rd U.S. Circuit Court of Appeals in Philadelphia voted Wednesday to reconsider an earlier ruling that banned New

WASHINGTON (AP) – Americans increased their spending at auto dealers, restaurants and clothiers in September, but cheaper gasoline prices suppressed overall retail sales growth. The Commerce Department says retail sales rose just 0.1 percent last month, after

WASHINGTON (AP) – Prices fell for manufacturers, farmers and other producers in September, as lower energy costs have limited broader inflation. The Labor Department says the producer price index, which measures price changes before they reach the

NEW YORK (AP) – Twitter has named Google’s Omid Kordestani as its executive chairman. Twitter CEO Jack Dorsey tweeted the move Wednesday. He says Kordestani is a proven and experienced leader that will coach him and help

NEW YORK (AP) – Wells Fargo reported a slight gain in third-quarter earnings, helped by an increase in borrowing from consumers and businesses. The San Francisco-based bank earned $5.44 billion, or $1.05 a share, for the three-month

NEW YORK (AP) – Wells Fargo reported a slight gain in third-quarter earnings, helped by an increase in borrowing from consumers and businesses.

FRANKFURT, Germany (AP) – The recently named head of Volkswagen’s North American business won’t be taking up his new job – and has left the company.