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Obama quickly signs Puerto Rico rescue bill

July 1, 2016 WASHINGTON — President Barack Obama signed a rescue package on Thursday for financially strapped Puerto Rico, which is facing more than $70 billion in debt and a major payment due Friday. more »»

 
 
 
Court nixes $7.25B credit card swipe fee settlement

July 1, 2016 NEW YORK — A $7.25 billion settlement between merchants and Visa Inc. and MasterCard In. more »»

First Tesla driver killed while using 'Autopilot'

July 1, 2016 WASHINGTON — The first U.S. more »»

Hershey rejects kiss from rival Mondelez

July 1, 2016 NEW YORK — Hershey on Thursday rejected a takeover offer from Oreo maker Mondelez that would bring some of the world's best known cookies and chocolates under one company. more »»

FDA questions makers of hand sanitizer

June 30, 2016 WASHINGTON — Federal health officials want to know whether hand sanitizers used by millions of Americans work as well as manufacturers claim — and whether there are any health risks to their growing... more »»

Cleveland to spend $9.5M on insurance for GOP convention

June 30, 2016 CLEVELAND — Cleveland plans to spend $9.5 million to buy $50 million in insurance to cover it against claims for incidents during the upcoming Republican National Convention. more »»

VW settles emissions-cheating cases for up to $15.3B

June 29, 2016 WASHINGTON — Volkswagen will spend up to $15. more »»

Feds urge consumers to act quickly on Ikea dresser recall

June 29, 2016 WASHINGTON — Ikea is recalling 29 million chests and dressers that can easily tip over and trap children underneat. more »»

FDA OKs first pill to treat all forms of hepatitis C

June 29, 2016 WASHINGTON — Federal health officials on Tuesday approved the first pill to treat all major forms of hepatitis C, the latest in a series of drug approvals that have reshaped treatment of the... more »»

Nike beats 4Q profit forecasts

June 29, 2016 BEAVERTON, Ore. — Nike Inc. shares tumbled in after-hours trading Tuesday after the sporting goods company posted worse-than-expected revenue during its most recent quarter. more »»

Winners and losers in the markets after British ‘leave’ vote

June 25, 2016 NEW YORK — Britain’s decision to leave the European Union is having a huge effect on financial markets Friday, sending many assets plunging and a few soaring as traders try to gauge the fallout for... more »»

House Speaker Ryan proposes simpler tax code

June 25, 2016 WASHINGTON — House Republicans led by Speaker Paul Ryan unveiled a plan for a simpler tax code, the sixth and last installment of a GOP agenda designed to be a policy counterpoint to the... more »»

No TSA PreCheck? This might be why

June 25, 2016 NEW YORK — Thousands of fliers enrolled in trusted traveler programs such as PreCheck aren’t getting the expedited screening they paid for because of clerical errors with their reservation. more »»

SEC: CEO used funds on strip clubs, private jets

June 25, 2016 HOUSTON — A Texas energy company CEO dubbed the "frack master" is charged with defrauding investors of about $80 million, including misappropriating at least $30 million for personal expenses,... more »»

Senators reach deal on GMO labeling

June 24, 2016 WASHINGTON — Senators have a bipartisan deal to require labeling of genetically modified ingredients nationally, a week before a labeling law in Vermont goes into effect. more »»

VW to pay $10.2B to settle emissions claims

June 24, 2016 DETROIT — Volkswagen will spend about $10.2 billion to settle an emissions cheating scandal in the U.S. that has turned into one of the largest cases of corporate deception in the nation's history. more »»

Nation's largest banks all pass Fed's 'stress tests'

June 24, 2016 NEW YORK — The largest U.S. financial institutions have enough armor to withstand the turmoil of a major and prolonged national and global recession, the Federal Reserve said Thursday. more »»

Car quality improves even as new technology is introduced

June 23, 2016 DETROIT — Despite adding sophisticated electronic safety features and touch screens that once were prone to glitches, most automakers improved their reliability scores this year in an annual survey... more »»

Trustees: Tiny rise in Social Security benefits next year

June 23, 2016 WASHINGTON — Millions of Social Security beneficiaries would get a tiny increase in monthly payments next year — less than $2.50, about enough to buy a gallon of gas. more »»

Uber, Lyft battle governments over driver fingerprint checks

June 23, 2016 DETROIT — Hailing a ride with a smartphone app in many U.S. cities is coming down to a fight over fingerprint. more »»

Panama Canal to open amid shipping downturn

June 23, 2016 PANAMA CITY — The $5.25 billion expansion of the Panama canal is set to open Sunday at a difficult moment for the international commercial shipping market. more »»

 
 
 
 
 
 
 

 

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