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Internet casinos thrive in 6 states

ATLANTIC CITY, N.J. (AP) — In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state’s coffers and helped keep Atlantic City’s ...

LSCP Perspectives: Supporting small businesses with big investments

As we head into the holiday shopping season, it’s always a great time to plan a strategy for how and where you’ll find the perfect gifts for those on your list. The National Retail Federation expects a 3-4% increase in sales for November and December, amounting to about $960 million. This ...

Sugar prices rising worldwide after bad weather damaged crops in Asia

NIGERIA (AP) — Skyrocketing sugar prices left Ishaq Abdulraheem with few choices. Increasing the cost of bread would mean declining sales, so the Nigerian baker decided to cut his production by half. For scores of other bakers struggling to stay afloat while enduring higher costs for fuel and flour, the stratospheric sugar prices proved to be the last straw, and they closed for good. Sugar is needed to make bread, which is a staple for Nigeria's 210 million people, and for many who are struggling to put food on the table, it offers a cheap source of calories. Surging sugar prices ...

New childcare center opens in Marquette

MARQUETTE—A new childcare center is open in Marquette. The Lake Superior Community Partnership assisted Little Clubs Learning Center LLC with a ribbon-cutting to celebrate its new childcare group home located at 325 Brookton Road in Marquette. The owner, Lysa Stockwell, is the first graduate of the Childcare SPARK program to open an in-home, group daycare. Stockwell said she became concerned about finding and paying for daycare in Marquette when her daughter became pregnant. Lysa and her husband retired and moved to Marquette to assist their daughter with childcare. “The ...

Poverty is killing the Amazon rainforest

TEKOHAW, Brazil (AP) — At dawn in this small Amazonian village in Brazil’s Para state, flocks of noisy green parrots soar overhead as children run and play between wooden homes, kicking up sandy soil — in places white and bare as a beach. The ground reveals one of the paradoxes of the rainforest. Renowned for its beauty and biodiversity, the life-giving nutrients of the forest are mostly stored in the trees and other plants, not the soil. When the forest is cleared — for a cattle ranch, soybean field or even a small cluster of village homes — the combination of scorching ...

Moody’s lowers US credit outlook, though keeps triple-A rating

WASHINGTON (AP) — The credit rating agency Moody’s Investors Service lowered its outlook on the U.S. government’s debt on Friday to “negative” from “stable,” citing the cost of rising interest rates and political polarization in Congress. Moody’s retained its top triple-A credit rating on U.S. government debt, though it is the last of the three major credit rating agencies to do so. Fitch Ratings lowered its rating to AA+ from AAA in August, and Standard & Poor’s downgraded the U.S. in 2011. A reduced outlook, however, raises the risk that Moody’s could eventually ...