Business - Seattle Post I. - 2015-03-11 18:28:11.

Ignite to sell Romano's Macaroni Grill for $8 million

The Houston company also owns Joe's Crab Shack seafood restaurants and the smaller Brick House Tavern & Tap chain, which serves burgers, pizza and beer. Romano's Macaroni Grill will be bought by Phoenix-based Redrock Partners LLC, a new company founded by the chain's current President John Gilbert and two other partners.

 

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Business - Seattle Post I. - 2015-03-11 18:28:11.

US stock indexes edge lower, stabilizing day after sell-off

NEW YORK (AP) — U.S. stock indexes are closing slightly lower, stabilizing a day after a global sell-off prompted by worries about higher U.S. interest rates. Apple fell 1.8 percent after its iTunes and app stores suffered a rare outage that frustrated millions of users.

 

Business - Seattle Post I..

Figures on government spending and debt

WASHINGTON (AP) — Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. Total public debt subject to limit March 1018,116,229Statutory debt limitsuspendedTotal public debt outstanding March 1018,155,727Operating balance March 1041,678Interest fiscal year 2015 thru Jan77,234Interest same period pvs fiscal year75,332Deficit fiscal year 2015 thru Jan194,209Deficit same period pvs fiscal year182,840Receipts fiscal year 2015 thru Jan1,046,224Receipts same period pvs fiscal year962,418Outlays fiscal year 2015 thru Jan1,240,433Outlays same period pvs fiscal year1,145,258Gold assets in Jan11,041

 

Business - Seattle Post I..

ResearchKit: 5 things to know about Apple's medical apps

SAN FRANCISCO (AP) — Amid all the talk of Apple Watch, a new MacBook laptop and a partnership with HBO, a set of Apple tools aimed at promoting medical research didn't get much attention. The tools, called ResearchKit, promise to help researchers study asthma, Parkinson's and other diseases by recruiting test subjects through iPhone apps. Test subjects are often picked because they happen to see a doctor involved with a study or are lured by ads promising cash. "Most researchers will tell you recruiting and sample size are one of their top concerns and challenges," says Jeff Williams, Apple's senior vice president of operations. Ray Dorsey, a University of Rochester neurology professor involved with the Parkinson's app, also says researchers will have to weigh the benefit of getting more participants and more data against not being able to see participants in person. Kathryn Schmitz, a University of Pennsylvania professor involved with the breast-cancer app, says the apps will never be appropriate for some types of research, such as surgical follow-ups. [...] she says ResearchKit could help with many common ailments involving heart disease, obesity and diabetes, as apps could be used as an objective tracker of lifestyles. Apple worked with five groups of researchers prior to Monday's announcement of ResearchKit and released five apps aimed at studying Parkinson's disease, asthma, diabetes, cardiovascular issues and breast cancer.

 

Business - Seattle Post I..

US stocks edging higher in afternoon, day after sell-off

NEW YORK (AP) — U.S. stock indexes are drifting higher in afternoon trading, a day after a sell-off prompted by worries about higher U.S. interest rates and a stronger dollar. "The next target sits at $1.0500, the March 2003 lows, and it remains a very short hop from there to parity," said Michael Hewson, chief market analyst at CMC Markets. On Tuesday, stocks in Europe and the U.S. were battered as investors worried about the prospect of the Federal Reserve's first interest rate rise in nine years. Low interest rates and other monetary stimulus have helped the S&P 500 triple in price since the bull market began six years ago. Clothing retailer Express rose 43 cents, or 2.9 percent, to $15.38 after reporting fourth-quarter results that exceeded Wall Street expectations. Industrial output in the world's second-biggest economy rose 6.8 percent in the first two months of the year, according to the official Xinhua news agency. The Shanghai Composite Index in mainland China swung between gains and losses before edging up 0.2 percent. The price of U.S. oil fell slightly after the Energy Department reported an increase in oil inventories that was only slightly larger than analysts had expected. Brent crude, a benchmark for international oils used by many U.S. refineries, rose $1.15 to close at $57.54 a barrel in London.

Business - Seattle Post I..

Study: Many workers could see cuts in pension benefits

WASHINGTON (AP) — A new federal study says many workers in employer-funded pension plans that fail could see their benefits reduced under the current system of government support. The study was released Wednesday by the Pension Benefit Guarantee Corp., the federal agency that insures pensions for about 41 million Americans.

 

 

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