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Movie men propose Russian fast-food alternative chain

April 12, 2015 MOSCOW — Two of Russia’s best-known movie directors are aiming to create a chain of fast-food restaurants that would be an alternative to Western-style operations such as McDonald’s. more »»

GE pares off financial unit, returns to industrial roots

April 11, 2015 General Electric is leaving the lending business, a major source of both profit and risk, as it continues to whittle its focus down to an industrial core. more »»

Nissan, BMW recall vehicles for fuel pumps

April 11, 2015 DETROIT — Nissan and BMW are recalling more than 94,000 vehicles because the fuel pumps can fail and cause stallin. more »»

GM says it has fixed 70 pct. of faulty ignitions

April 11, 2015 DETROIT — Fourteen months after General Motors started recalling more than 2 million small cars with faulty ignition switches worldwide, the company says it has repaired about 70 percent of the... more »»

Boeing, Copa sign deal for jets during summit

April 11, 2015 PANAMA CITY — U.S.-based Boeing has concluded an agreement with Panama's Copa Airlines for a $6.6 billion purchase of 61 airline jets on the sidelines of the Summit of the Americas. more »»

Elder care costs keep climbing; nursing home bill now $91K

April 10, 2015 NEW YORK — The steep cost of caring for the elderly continues to climb. The median bill for a private room in a nursing home is now $91,250 a year, according to an industry survey out Thursday. more »»

Here’s the best new reason to wash your car often

April 10, 2015 DETROIT — If you live where salt is used to clear the roads of snow and ice, U.S. safety regulators have a message for you: Wash the underside of your car. more »»

Utility won't appeal $1.6B for deadly blast

April 10, 2015 SAN FRANCISCO — California regulators approved a record $. more »»

Inspection found no issues at Blue Bell plant

April 10, 2015 DALLAS — Days after a foodborne illness was linked to Blue Bell ice cream products, an inspection of an Oklahoma plant later tied to the infection praised the facility for having no violations and... more »»

Fed minutes: Officials split widely on rate hike timing

April 9, 2015 WASHINGTON — Fed officials disagreed widely when they met last month on when they would be ready to lift interest rates from record lows. more »»

Shell’s $70B takeover could herald wave of mergers

April 9, 2015 LONDON — Oil and gas company Shell has agreed to buy British rival BG Group for 47 billion pounds ($6. more »»

Mark Pincus returns to Zynga as CEO

April 9, 2015 NEW YORK — Mark Pincus is back as CEO of Zynga, the struggling online game company he founded in 2007. more »»

AT&T paying $25M to settle data breaches

April 9, 2015 WASHINGTON — AT&T is paying $25 million in a settlement with federal regulators over data breaches at call centers in Mexico, Colombia and the Philippines that compromised customer data for some... more »»

Mylan offers $29B for rival drugmaker Perrigo

April 9, 2015 NEW YORK — In a deal that would combine two generic drugmakers that recently left the U.S. for Europe, Mylan says it wants to buy Perrigo for $205 per share, or $28.86 billion. more »»

Summer gas prices expected to be 32 percent lower this year

April 8, 2015 NEW YORK — Drivers will see the lowest summer gasoline prices in about 6 years, according to the Energy Department. The national average price is forecast to fall 32 percent from a year ago to $2. more »»

YouTube Kids app criticized as deceiving

April 8, 2015 WASHINGTON — The new YouTube Kids mobile app targets young children with unfair and deceptive advertising and should be investigated, a group of consumer advocates told the Federal Trade Commission... more »»

US consumer borrowing at record high in Feb.

April 8, 2015 WASHINGTON — Consumers increased their borrowing to a record high in February, driven by a large jump in auto and student loans. more »»

Vivendi confirms offer for Dailymotion

April 8, 2015 PARIS — Vivendi, the Paris-based media multinational, confirmed an offer for the video sharing platform Dailymotion, a day after a Hong Kong company blamed France's protectionist policies for its... more »»

New labor activists emerge from China’s migrant workers

April 7, 2015 SHENZHEN, China — A new crop of labor leaders is emerging in China as migrant factory workers increasingly demand their rights and a fair share of the country’s now-slowing economic boom. more »»

 
 
 

 

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