http://www.kens5.com/news/business RSS Feed for KENS - News - Business en-us Sat, 11 Feb 2012 15:02:59 GMT 2012-02-11T15:02:59Z en-us http://www.kens5.com/news/business/139112459.html PROVIDENCE, R.I. (AP) — An Illinois man was sentenced Friday by a federal judge in Rhode Island to more than three years in prison for shipping unwanted penis enlargers to diabetes patients as part of a larger fraud scheme that prosecutors say bilked $2.2 million from Medicare over four years. Sat, 11 Feb 2012 15:02:36 GMT http://www.kens5.com/news/business/139112459.html 2012-02-11T15:02:36Z http://www.kens5.com/news/business/139135664.html LOUISVILLE, Ky. (AP) — Officials say Bernard Trager, the founder and chairman of Republic Bancorp Inc., has died. He was 83. Sat, 11 Feb 2012 15:02:58 GMT http://www.kens5.com/news/business/139135664.html 2012-02-11T15:02:58Z http://www.kens5.com/news/business/139124674.html NEW YORK (AP) — The Justice Department is calling Switzerland's largest private bank a fugitive from justice after it didn't show up for a court hearing in New York. Sat, 11 Feb 2012 15:02:52 GMT http://www.kens5.com/news/business/139124674.html 2012-02-11T15:02:52Z http://www.kens5.com/news/business/139090594.html WASHINGTON (AP) — Under fierce election-year fire, President Barack Obama on Friday abruptly abandoned his stand that religious organizations must pay for birth control for workers, scrambling to end a furor raging from the Catholic Church to Congress to his re-election foes. He demanded that insurance companies step in to provide the coverage instead. Sat, 11 Feb 2012 15:02:59 GMT http://www.kens5.com/news/business/139090594.html 2012-02-11T15:02:59Z http://www.kens5.com/news/business/139134074.html NEW YORK (AP) — A hotel marketed specifically toward gay travelers is opening in the heart of New York City. Sat, 11 Feb 2012 02:07:55 GMT http://www.kens5.com/news/business/139134074.html 2012-02-11T02:07:55Z http://www.kens5.com/news/business/139128469.html WASHINGTON (AP) — Regulators on Friday closed small banks in Illinois and Indiana, increasing to nine the number of U.S. bank failures this year, a slower pace than in 2011, when there were 92 bank closures. Sat, 11 Feb 2012 01:02:29 GMT http://www.kens5.com/news/business/139128469.html 2012-02-11T01:02:29Z http://www.kens5.com/news/business/139124779.html NEW YORK (AP) — The Justice Department is calling Switzerland's largest private bank a fugitive from justice after it didn't show up for a court hearing in New York. Fri, 10 Feb 2012 23:02:39 GMT http://www.kens5.com/news/business/139124779.html 2012-02-10T23:02:39Z http://www.kens5.com/news/business/139121069.html NEW YORK (AP) — The latest setback in Greece's efforts to avoid defaulting on its debt sent investors rushing back into U.S. Treasurys. Fri, 10 Feb 2012 22:02:32 GMT http://www.kens5.com/news/business/139121069.html 2012-02-10T22:02:32Z http://www.kens5.com/news/business/139092709.html WASHINGTON (AP) — A new ethics investigation of the House Financial Services Committee chairman's investment activities during the events leading up to and surrounding Congress' $700 billion bailout of Wall Street sets back lawmakers' election-year efforts to rebound from their record low standing with the public. Fri, 10 Feb 2012 22:07:40 GMT http://www.kens5.com/news/business/139092709.html 2012-02-10T22:07:40Z http://www.kens5.com/news/business/139114209.html Commodity prices are falling across the board after a plan to fix Greece's crippling debt crisis suffered a setback, renewing concerns about global economic growth. Fri, 10 Feb 2012 21:02:31 GMT http://www.kens5.com/news/business/139114209.html 2012-02-10T21:02:31Z