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Texas hands Blue Bell $850K fine over listeria

July 30, 2016 AUSTIN, Texas — Texas fined Blue Bell Creameries for a listeria contamination last year linked to the deaths of three people, but the ice cream maker could pay only a fraction of the $850,000 penalt... more »»

Amazon’s already large distribution empire expanding

July 29, 2016 NEW YORK — Online shoppers want their packages — now. And Amazon is spending heavily to make sure that happens. Amazon’s Prime service has, at heart, always been about free two-day shipping. more »»

Alphabet’s 2Q earns soar despite rising ‘moonshot’ losses

July 29, 2016 SAN FRANCISCO — Business is booming at Google’s parent company, Alphabet Inc., even as it loses billions of dollars on kooky-sounding projects that may never produce any revenue. more »»

Ford surprises with lower 2Q profit

July 29, 2016 DEARBORN, Mich. — Ford Motor Co.'s shares tumbled Thursday after it reported weaker-than-expected second-quarter earnings and warned that things could get worse in the second half of the yea. more »»

US homeownership rate lowest in 51 years

July 29, 2016 WASHINGTON — The proportion of U.S. more »»

Fed’s upbeat tone suggests rate hike as early as Sept.

July 28, 2016 WASHINGTON — The Federal Reserve said Wednesday that near-term risks to the U.S. economy have diminished, reviving the prospect that it will resume raising interest rates as soon as September. more »»

Facebook beats 2Q forecasts, stock soars

July 28, 2016 NEW YORK — Facebook's stock is trading higher after the world's biggest social media company handily surpassed Wall Street's expectations for the second quarter, barreling ahead on mobile... more »»

Coca-Cola cuts sales outlook

July 28, 2016 ATLANTA — Coca-Cola cut its sales forecast for the year on Wednesday, but says it's making changes to address declining soda demand in the U.S. and key international markets. more »»

Tesla opens Gigafactory to expand battery production

July 27, 2016 SPARKS, Nev. — It’s Tesla Motors’ biggest bet yet: a massive, $5 billion factory in the Nevada desert that could nearly double the world’s production of lithium-ion batterie. more »»

Twitter struggling to grow as rivals race ahead

July 27, 2016 SAN FRANCISCO — Twitter is in danger of becoming the next internet company forced into a desperation sale if it cannot find a way to start luring people and advertisers back to its... more »»

McDonald's sales disappoint in US

July 27, 2016 NEW YORK — McDonald's is again looking for ways to win back customers, less than a year after launching a widely touted all-day breakfast menu that makes Egg McMuffins available around the cloc. more »»

$15B VW emissions deal clears 1st hurdle

July 27, 2016 SAN FRANCISCO — A nearly $15 billion settlement over Volkswagen's emissions cheating scandal cleared a key hurdle Tuesday, with a federal judge giving preliminary approval to the deal. more »»

Farewell to VCRs: Japanese to shelve once-hit product

July 26, 2016 TOKYO — Japanese electronics maker Funai Electric Co. says it’s yanking the plug on the world’s last video cassette recorder. more »»

Airbnb sues hometown San Francisco over rental regulation

July 25, 2016 SAN FRANCISCO — San Francisco wants people who rent out their homes through Airbnb and other online platforms to follow some rules, and it wants the platforms to advertise only those rule-abiding... more »»

Verizon said to be buyer of Yahoo for $5 billion: Reports

July 25, 2016 NEW YORK — Verizon has agreed to buy online portal Yahoo Inc. for roughly $5 billion, according to multiple media reports, each citing a single unnamed source. more »»

VW has emissions-cheating fix ready

July 23, 2016 DETROIT — Volkswagen’s plan to fix most of its 2-liter diesel engines that cheat on emissions tests includes a computer software update and a larger catalytic converter to trap harmful nitrogen... more »»

Workers: Force majeure at ExxonMobil Nigeria may last weeks

July 23, 2016 WARRI, Nigeria — The force majeure — or freedom from contractual obligations because of extraordinary circumstances — declared by ExxonMobil on Nigeria’s largest crude stream could last a month... more »»

IMF chief Lagarde to stand trial in France

July 23, 2016 PARIS — France's top court has ruled that International Monetary Fund chief Christine Lagarde must stand trial in France over a 2008 arbitration ruling that handed 400 million euros to a... more »»

Fiat Chrysler recalls about 410K vehicles

July 23, 2016 DETROIT — Fiat Chrysler is recalling nearly 410,000 vehicles worldwide because a wiring problem can cause them to move slowly. more »»

 
 
 

 

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