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Tuesday, May 21, 2013         

Business News

Raymond Smith Jr. has been trying for nearly two decades to make the movie industry listen to the needs of the deaf and hard of hearing.

NEW YORK » Wal-Mart Stores Inc. once again leads Fortune's list of the 500 biggest U.S. companies by revenue, as the world's largest retailer succeeded in posting strong growth despite a challenging economy for its shoppers.

WASHINGTON >> The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, employers added a solid 165,000 jobs in April -- and far more in February and March than anyone thought.

NEW YORK » Stocks surged to all-time highs Friday when a surprisingly good jobs report finally gave investors a clear sign of U.S. economic strength after weeks of conflicting signals.

NEW YORK » Getting tattooed with the company logo is all the rage at one New York City brokerage firm. The reward? A 15 percent pay raise.

OMAHA, Neb. >> Billionaire Warren Buffett is optimistic about America’s economic future because the nation has begun to unleash the potential of women.

LAS VEGAS » MGM Resorts International reported a surprise profit for its first quarter on the strength of room bookings and gambling tables on the Las Vegas Strip and continued profits in Macau.

STAMFORD, Conn. » Lodging operator Starwood Hotels & Resorts Worldwide Inc. — which runs the Sheraton Waikiki, the Royal Hawaiian, Moana Surfrider and Sheraton Princess Kaiu­lani — said Tuesday that its first-quarter net income surged 66 percent, bolstered by a large tax benefit.

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