Economy Briefs: U.S. home sales rise 2.1 percent in October

continued from page 1

Story Topics
Question of the Day

Is it still considered bad form to talk politics during a social gathering?

View results

AGADIR, Morocco — Fishing countries Monday voted to keep up strict limits on catching Atlantic bluefin tuna, overruling fierce opposition from critics who argue that the key sushi ingredient is on the rebound.

Stocks of bluefin in the Atlantic Ocean fell catastrophically because of rampant, often illegal, overfishing and lax quotas — dropping by 60 percent between 1997 and 2007.

CREDIT

Average U.S. credit card debt per borrower up in 3Q

LOS ANGELES — Americans cranked up their use of credit cards in the third quarter, racking up more debt than a year ago, while also being less diligent about making payments on time, an analysis of consumer-credit data shows.

The average credit card debt per borrower in the U.S. grew 4.9 percent in the July-to-September period from a year earlier to $4,996, credit reporting agency TransUnion said Monday.

EXECUTIVES

Walgreen CEO pay down in fiscal ‘12 to $12 million

Walgreen CEO Gregory D. Wasson’s total compensation slipped in fiscal 2012, as earnings sank 21 percent and a contract dispute hurt revenue for the nation’s largest drugstore operator.

Mr. Wasson, 54, received compensation valued at about $12 million for the fiscal year that ended Aug. 31, according to the Deerfield, Ill., company’s annual proxy statement filed Monday. That represented a 1 percent drop compared to fiscal 2011.

TECHNOLOGY

Windstream opens new data center in D.C. area

LITTLE ROCK, Ark. — Windstream Corp. is opening a 65,000-square-foot data center in the Washington, D.C., area to help meet growing demand for cloud and managed data services.

The Little Rock-based phone and Internet services company said Monday that the center in McLean is one of a series of data hubs around the country. The company opened a similar center in Little Rock earlier this year.

From wire dispatches and staff reports.

Comments
blog comments powered by Disqus
TWT Video Picks