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Some Gordmans department stores bought by rival chain

Thu, 30 Mar 2017 22:28:58 GMT2017-03-30T22:28:58Z

OMAHA, Neb. (AP) -- Another department store operator has won the chance to buy about half of Gordmans' more than 100 stores out of bankruptcy....



How major US stock market indexes fared on Thursday

Thu, 30 Mar 2017 21:13:35 GMT2017-03-30T21:13:35Z

U.S. stocks closed modestly higher Thursday, driving the Nasdaq composite index to a record high....



Something completely different at McDonald's: Fresh beef

Thu, 30 Mar 2017 20:35:49 GMT2017-03-30T20:35:49Z

NEW YORK (AP) -- Coming soon to McDonald's: Fresh beef....



Figures on government spending and debt

Thu, 30 Mar 2017 20:13:30 GMT2017-03-30T20:13:30Z

...



VW to pay over $157M to settle emissions claims by 10 states

Thu, 30 Mar 2017 20:07:47 GMT2017-03-30T20:07:47Z

DETROIT (AP) -- Volkswagen is paying more than $157 million to 10 states to settle environmental lawsuits over the company's diesel emissions-cheating scandal....



Markets Right Now: Banks lead US stock indexes higher

Thu, 30 Mar 2017 20:05:37 GMT2017-03-30T20:05:37Z

The latest on developments in financial markets (All times local):...



Long-term mortgage rates fall

Thu, 30 Mar 2017 19:20:40 GMT2017-03-30T19:20:40Z

...



US stock indexes move higher in afternoon trading; oil rises

Thu, 30 Mar 2017 18:15:30 GMT2017-03-30T18:15:30Z

Banks and other financial companies led U.S. indexes modestly higher in afternoon trading Thursday as investors weighed the latest batch of company earnings, deal news and economic data. Energy stocks also rose, getting a boost from rising crude oil prices. Utilities, real estate companies and other high-dividend paying stocks fell as bond yields headed higher....



US economy grew at steady 2.1 percent rate in Q4

Thu, 30 Mar 2017 16:16:08 GMT2017-03-30T16:16:08Z

WASHINGTON (AP) -- The U.S. economy grew at a slightly faster rate in the fourth quarter than earlier estimates, as consumers ramped up spending that's expected fuel growth throughout 2017....



Average US 30-year mortgage rate slips to 4.14 percent

Thu, 30 Mar 2017 15:13:50 GMT2017-03-30T15:13:50Z

WASHINGTON (AP) -- Long-term U.S. mortgage rates fell this week for a second straight week, slipping further from their highest levels of the year reached two weeks ago....



Ask Brianna: Is financial therapy right for me?

Thu, 30 Mar 2017 15:01:25 GMT2017-03-30T15:01:25Z

"Ask Brianna" is a Q&A column from NerdWallet for 20-somethings or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans - all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbrianna@nerdwallet.com....



When a tax refund means bankruptcy

Thu, 30 Mar 2017 14:47:21 GMT2017-03-30T14:47:21Z

For many people, a tax refund means a chance to fund a vacation or splurge on a big purchase. For some, though, it's a way to wipe out crushing debt - not by paying it off, but by giving them enough money to pay for bankruptcy....



Applications for US unemployment aid fell to 258K last week

Thu, 30 Mar 2017 13:03:04 GMT2017-03-30T13:03:04Z

WASHINGTON (AP) -- Fewer Americans sought unemployment benefits last week, evidence that the U.S. job market remains healthy....



H&M sales disappoint as more customers shop online

Thu, 30 Mar 2017 11:34:10 GMT2017-03-30T11:34:10Z

HELSINKI (AP) -- Swedish low-cost fashion brand Hennes & Mauritz AB said Thursday its first quarter sales disappointed, causing a plunge in the company's share price, as customers increasingly shop online....



Lululemon's shares drop after weak outlook

Wed, 29 Mar 2017 22:19:47 GMT2017-03-29T22:19:47Z

NEW YORK (AP) -- Shares of Lululemon Athletica Inc. fell more than 17 percent Wednesday after the athletic-inspired sportswear company said it'd had a slow start to the year and offered a weaker outlook than expected for the current quarter....



Dave & Buster's declines while Vertex Pharmaceuticals jumps

Wed, 29 Mar 2017 21:52:35 GMT2017-03-29T21:52:35Z

NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday:...



Alaska Airlines, Branson clash over licensing fees

Wed, 29 Mar 2017 21:41:16 GMT2017-03-29T21:41:16Z

DALLAS (AP) -- Alaska Airlines could be headed toward a showdown with Richard Branson over millions of dollars in licensing fees....



Westinghouse troubles loom over SC, Georgia nuke projects

Wed, 29 Mar 2017 20:03:22 GMT2017-03-29T20:03:22Z

Westinghouse Electric Co., the U.S. nuclear unit of Japan's Toshiba Corp., filed for bankruptcy protection Wednesday, calling into question the future of a number of billion-dollar nuclear projects under construction, including two in the U.S....



Ford recalls 570K vehicles for fire risk, door latch trouble

Wed, 29 Mar 2017 17:02:20 GMT2017-03-29T17:02:20Z

DETROIT (AP) -- Ford is recalling more than 570,000 vehicles in North America and Europe to fix separate problems that can cause engine fires and doors to fly open unexpectedly....



Investment from China in Kushner Manhattan property is off

Wed, 29 Mar 2017 16:59:05 GMT2017-03-29T16:59:05Z

NEW YORK (AP) -- Talks with a Chinese company seeking a stake in a Fifth Avenue skyscraper owned by the family of Jared Kushner are over....



Utilities vow to finish reactors despite Westinghouse woes

Wed, 29 Mar 2017 16:34:56 GMT2017-03-29T16:34:56Z

COLUMBIA, S.C. (AP) -- The electric utilities that own two nuclear reactors under construction in South Carolina say they're committed to finishing the project despite the bankruptcy of builder Westinghouse Electric Co....



Markets Right Now: Major US stock indexes are mixed

Wed, 29 Mar 2017 15:56:34 GMT2017-03-29T15:56:34Z

The latest on developments in financial markets (All times local):...



There are ways to make overseas travel more affordable, safe

Wed, 29 Mar 2017 15:49:50 GMT2017-03-29T15:49:50Z

DALLAS (AP) -- Foreign travel is expensive and can be intimidating for some, but there are strategies for saving money and staying safe....



Contracts to buy US homes hit highest level since April

Wed, 29 Mar 2017 15:37:52 GMT2017-03-29T15:37:52Z

WASHINGTON (AP) -- More people signed contracts to buy U.S. homes last month as warm weather and rising confidence appeared to encourage consumers to look for houses....



Easing coal rules unlikely to make US energy independent

Tue, 28 Mar 2017 23:04:19 GMT2017-03-28T23:04:19Z

DALLAS (AP) -- The Trump administration is gutting Obama-era regulations opposed by the coal industry, but the strategy isn't likely to have much effect on U.S. energy independence....



Darden Restaurants and Red Hat climb; McCormick skids

Tue, 28 Mar 2017 20:24:15 GMT2017-03-28T20:24:15Z

NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday:...



Yellen: Banks play vital economic role in poor communities

Tue, 28 Mar 2017 18:12:11 GMT2017-03-28T18:12:11Z

WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen said Tuesday that U.S. banks must do all they can to promote economic development in low-income areas where high unemployment has persisted despite the overall job market's significant gains....



Correction: Mexico Wall-Businesses-Q&A story

Tue, 28 Mar 2017 16:31:19 GMT2017-03-28T16:31:19Z

LOS ANGELES (AP) -- In a story March 27 about the government's plans to build a wall between the U.S. and Mexico, The Associated Press misspelled the name of Fluor Enterprises. It is Fluor, not Flour....



General Motors rejects investor plan for 2 stock classes

Tue, 28 Mar 2017 16:15:18 GMT2017-03-28T16:15:18Z

DETROIT (AP) -- General Motors has rejected a proposal from investor David Einhorn to split its stock into two classes....



GE spins off last major capital business

Tue, 28 Mar 2017 15:26:42 GMT2017-03-28T15:26:42Z

WASHINGTON (AP) -- General Electric is selling its French consumer finance arm, one of the last remaining vestiges of its financial wing as it returns to its roots an industrial company....



US consumer confidence hits 16-year high

Tue, 28 Mar 2017 14:41:47 GMT2017-03-28T14:41:47Z

WASHINGTON (AP) -- U.S. consumer confidence climbed to its highest level in more than 16 years, a strong gain for one of President Donald Trump's preferred economic indicators....



US home prices rose in January by most in 2 ½ years

Tue, 28 Mar 2017 14:22:11 GMT2017-03-28T14:22:11Z

WASHINGTON (AP) -- U.S. home prices jumped in January from a year earlier at the fastest pace in nearly 2 ½ years, as a tight supply of houses for sale spurred bidding wars in many cities....



Carnival 1Q profit jumps on lower fuel cost, revenue boost

Tue, 28 Mar 2017 14:14:47 GMT2017-03-28T14:14:47Z

NEW YORK (AP) -- Carnival Corp.'s profit more than doubled in the first-quarter as lower fuel costs and higher revenue helped it top Wall Street forecasts....



Ford investing $1.2B in 3 Michigan plants, adding 130 jobs

Tue, 28 Mar 2017 14:01:56 GMT2017-03-28T14:01:56Z

DETROIT (AP) -- Ford Motor Co. is investing $1.2 billion in three Michigan facilities, including an engine plant where it plans to add 130 jobs....



Markets-At-A-Glance

Mon, 27 Mar 2017 23:00:51 GMT2017-03-27T23:00:51Z

...



Rates rise at weekly US Treasury bill auction

Mon, 27 Mar 2017 21:20:07 GMT2017-03-27T21:20:07Z

WASHINGTON (AP) -- Interest rates on short-term Treasury bills rose in Monday's auction with rates on three-month bills climbing to the highest level in more than eight years....



DuPont, Impax Labs gain, G-III Apparel slides

Mon, 27 Mar 2017 21:06:07 GMT2017-03-27T21:06:07Z

NEW YORK (AP) -- Stocks that moved substantially or traded heavily on Monday:...



Are you buying a house or lottery ticket?

Mon, 27 Mar 2017 17:50:38 GMT2017-03-27T17:50:38Z

The same week legendary investor Warren Buffett put his California vacation house on the market , a friend told me her widowed mother had sold the family home in Cleveland....



France's Total invests in $1.7 billion Texas energy site

Mon, 27 Mar 2017 15:21:31 GMT2017-03-27T15:21:31Z

PARIS (AP) -- French energy company Total is launching a multi-billion-dollar petrochemical joint venture in Texas as it tries to profit from the "business-friendly environment" under the current U.S. administration....



Survey: German business confidence rises to 6-year high

Mon, 27 Mar 2017 08:11:41 GMT2017-03-27T08:11:41Z

BERLIN (AP) -- A closely watched survey shows that business confidence in Germany, Europe's biggest economy, has unexpectedly risen to a six-year high....



India's Reliance Industries penalized for alleged fraud

Sat, 25 Mar 2017 09:16:58 GMT2017-03-25T09:16:58Z

NEW DELHI (AP) -- India's markets regulator has barred Indian conglomerate Reliance Industries and 12 others from trading in equity derivatives for a year for allegedly fraudulent trades made 10 years ago....



Debate renewed over economic benefits of Keystone pipeline

Fri, 24 Mar 2017 23:02:58 GMT2017-03-24T23:02:58Z

DALLAS (AP) -- President Donald Trump is calling his administration's approval of the Keystone XL pipeline a new era for American energy policy....



Business Highlights

Fri, 24 Mar 2017 22:14:37 GMT2017-03-24T22:14:37Z

--...



Trump and Mnuchin say focus will turn to tax reform

Fri, 24 Mar 2017 21:54:27 GMT2017-03-24T21:54:27Z

WASHINGTON (AP) -- Now that the effort to overhaul the nation's health care system has collapsed, the Trump administration is turning its attention to tax reform....



Recalls this week: ATVs, bibs, ladders, bicycles

Fri, 24 Mar 2017 17:12:31 GMT2017-03-24T17:12:31Z

About 37,000 defective ladders are being recalled because locking pins can fail unexpectedly. Other recalled consumer products this week include bibs that pose a suffocation hazard and electric bicycles with a defective fork....



Feds close probe of Ford SUV door ajar lights without recall

Fri, 24 Mar 2017 16:55:44 GMT2017-03-24T16:55:44Z

DETROIT (AP) -- U.S. safety regulators have decided not to seek a recall after investigating complaints that door ajar warning lights won't turn off on thousands of Ford SUVs....



Hiring rises in 11 US states last month, gains widely spread

Fri, 24 Mar 2017 16:05:34 GMT2017-03-24T16:05:34Z

WASHINGTON (AP) -- Hiring picked up in 11 states last month compared with January and was mostly unchanged in the other 39, as stronger U.S. job gains benefited most of the country. Still, pockets of weakness remained....



US durable goods orders rose in February, led by aircraft

Fri, 24 Mar 2017 13:49:16 GMT2017-03-24T13:49:16Z

WASHINGTON (AP) -- Greater demand for commercial aircraft helped U.S. businesses increase their orders for long-lasting manufactured goods in February, but a key category that tracks business investment plans slipped slightly....



New investor at embattled SeaWorld sends shares skyward

Fri, 24 Mar 2017 13:01:59 GMT2017-03-24T13:01:59Z

NEW YORK (AP) -- Shares of SeaWorld, which have been cut in half since coming under scrutiny over the killer whales it holds in captivity, are up 12 percent before the opening bell on a big investment from China....



Eurozone's economic growth near 6-year high: New survey

Fri, 24 Mar 2017 11:00:26 GMT2017-03-24T11:00:26Z

LONDON (AP) -- Businesses across the 19-country eurozone, and particularly in France, are increasingly upbeat and hiring more people despite big uncertainties - including France's high-stakes presidential election....



Trumps plot big hotel expansion, but political problems loom

Fri, 24 Mar 2017 07:01:38 GMT2017-03-24T07:01:38Z

NEW YORK (AP) -- The Trump family is launching a new hotel chain in a bold expansion of a company that critics say is already too big and opaque for an enterprise whose owner sits in the Oval Office....



Pilots' union says AA is leaving standby passengers behind

Thu, 23 Mar 2017 23:02:26 GMT2017-03-23T23:02:26Z

DALLAS (AP) -- The head of the pilots' union said Thursday that American Airlines is leaving thousands of standby passengers at the gate to make sure that flights depart on time....



Death rates up for middle age whites with little education

Thu, 23 Mar 2017 21:14:37 GMT2017-03-23T21:14:37Z

WASHINGTON (AP) -- A sobering portrait of less-educated middle-age white Americans emerged Thursday with new research showing them dying disproportionately from what one expert calls "deaths of despair" - suicides, drug overdoses and alcohol-related diseases....



Trump SEC pick assures that his Wall St. work not problem

Thu, 23 Mar 2017 20:28:39 GMT2017-03-23T20:28:39Z

WASHINGTON (AP) -- President Donald Trump's nominee to lead the Securities and Exchange Commission, attorney Jay Clayton, sought to assure lawmakers that he'll show no favoritism and act only in the public interest, as his Wall Street connections were scrutinized at his Senate confirmation hearing Thursday....



A look at clothing companies that are closing stores

Thu, 23 Mar 2017 19:06:24 GMT2017-03-23T19:06:24Z

NEW YORK (AP) -- A number of retailers, particularly clothing stores, are shuttering locations as shoppers move online and find fashion inspiration from social media. Some analysts believe the trend will only accelerate later this year....



Jon Corzine's MF Global, PwC in settlement

Thu, 23 Mar 2017 17:35:53 GMT2017-03-23T17:35:53Z

NEW YORK (AP) -- The trial between bankrupt brokerage MF Global, run by former New Jersey Governor Jon Corzine, and its former accounting firm, PwC, came to an unceremonious end on Thursday, with both parties saying they have reached a settlement....



Woe for stores as shoppers look elsewhere for inspiration

Thu, 23 Mar 2017 17:31:14 GMT2017-03-23T17:31:14Z

NEW YORK (AP) -- Erica Dao used to shop at malls once a month, looking in stores and seeing what the mannequins displayed. Now, she mainly looks for inspiration on social media....



Virgin America will be the latest airline brand to disappear

Thu, 23 Mar 2017 17:21:01 GMT2017-03-23T17:21:01Z

DALLAS (AP) -- After months of teasing, Alaska Airlines has bad news for loyal customers of Virgin America - their airline's name is being dumped....



Why a lack of education raises death risk for some Americans

Thu, 23 Mar 2017 17:12:36 GMT2017-03-23T17:12:36Z

WASHINGTON (AP) -- Middle-age white Americans with limited education are increasingly dying younger, on average, than other middle-age U.S. adults, a trend driven by their dwindling economic opportunities, research by two Princeton University economists has found....



FCC: Over 12,000 911 calls failed during AT&T outage

Thu, 23 Mar 2017 17:11:52 GMT2017-03-23T17:11:52Z

NEW YORK (AP) -- An investigation by the U.S. federal telecom regulator says about 12,600 callers couldn't reach 911 directly from their cellphones during a five-hour AT&T outage on March 8....



Yellen says problems of childhood poverty linger

Thu, 23 Mar 2017 17:11:21 GMT2017-03-23T17:11:21Z

WASHINGTON (AP) -- A new Federal Reserve survey has found that children who grew up in poverty were twice as likely to struggle with financial challenges later in life, Fed Chair Janet Yellen said Thursday....



US new home sales rise despite higher mortgage rates

Thu, 23 Mar 2017 15:34:54 GMT2017-03-23T15:34:54Z

WASHINGTON (AP) -- Americans responded to higher mortgage rates by snapping up new homes in February at the fastest pace since July....



Why paying taxes by credit card probably isn't a good idea

Thu, 23 Mar 2017 14:18:45 GMT2017-03-23T14:18:45Z

A big tax bill is like hay fever . You don't want it, you try to avoid it - and then April rolls around and it hits you hard. Now you have to figure out how to take care of it....



Long-term mortgage rates slip

Thu, 23 Mar 2017 14:10:59 GMT2017-03-23T14:10:59Z

...



UK consumers spend more in Feb but underlying trend is down

Thu, 23 Mar 2017 12:09:22 GMT2017-03-23T12:09:22Z

LONDON (AP) -- Official figures show retail sales in Britain bounced back strongly in February but that the underlying picture remains gloomy as the country prepares to start two years of discussions to leave the European Union....



South Korea to inject $2.6 bln into ailing shipyard Daewoo

Thu, 23 Mar 2017 05:23:19 GMT2017-03-23T05:23:19Z

SEOUL, South Korea (AP) -- South Korea announced Thursday a fresh capital injection for Daewoo Shipbuilding & Marine Engineering Co., seeking to prevent the world's second-largest shipbuilder from defaulting on its debts....



Trump's SEC pick, a lawyer for Goldman, to face skepticism

Wed, 22 Mar 2017 23:16:50 GMT2017-03-22T23:16:50Z

WASHINGTON (AP) -- Goldman Sachs may be about to get another friend in Washington....



Starbucks CEO stands by pledge to hire refugees

Wed, 22 Mar 2017 22:10:35 GMT2017-03-22T22:10:35Z

NEW YORK (AP) -- Starbucks CEO Howard Schultz presided over his last annual shareholder meeting as head of the company Wednesday by standing by its pledge to hire refugees and expanding on previously announced goals to hire veterans and at-risk youth....



From mail-order watches to a skyscraper: A look at Sears

Wed, 22 Mar 2017 18:58:32 GMT2017-03-22T18:58:32Z

Sears got its start more than 130 years ago as a mail-order watch seller. It grew to become the world's largest retailers. But today, it is struggling. It has been closing stores to fight falling sales and this week said it has "substantial doubt " that it can stay in business....



US home sales slowed in February after surge in January

Wed, 22 Mar 2017 14:57:20 GMT2017-03-22T14:57:20Z

WASHINGTON (AP) -- Americans retreated from buying existing homes in February, a pullback after sales in January had surged to the fastest pace in a decade. But over the past 12 months, sales are up solidly....



AkzoNobel rejects second takeover bid by PPG Industries

Wed, 22 Mar 2017 09:30:55 GMT2017-03-22T09:30:55Z

THE HAGUE, Netherlands (AP) -- Industrial paints and chemicals company AkzoNobel has rejected a second unsolicited takeover bid from U.S. company PPG Industries worth 22.4 billion euros ($24.1 billion)....



Japan logs biggest trade surplus since 2010 in Feb

Wed, 22 Mar 2017 01:43:24 GMT2017-03-22T01:43:24Z

TOKYO (AP) -- Japan reports it logged its biggest monthly trade surplus since 2010 in February, as exports to China surged by 28 percent....



FedEx profit rises but misses Wall Street's target

Tue, 21 Mar 2017 23:41:06 GMT2017-03-21T23:41:06Z

DALLAS (AP) -- Income and revenue rose during the peak holiday season at FedEx, but higher fuel costs helped keep profit below Wall Street's forecast....



Q&A: A look at the electronics ban on some flights

Tue, 21 Mar 2017 22:56:22 GMT2017-03-21T22:56:22Z

NEW YORK (AP) -- The U.S. and Britain, citing concerns about terrorist attacks, are not allowing passengers on some flights from mostly Middle Eastern and North African countries to bring laptops, tablets and certain other devices on board with them in their carry-on bags. All electronics bigger than a smartphone must be checked in....



Carl's Jr. parent company names CEO to replace Andy Puzder

Tue, 21 Mar 2017 22:12:48 GMT2017-03-21T22:12:48Z

NEW YORK (AP) -- The parent company of the Carl's Jr. and Hardee's chains on Tuesday named a new CEO to replace Andy Puzder, who last month withdrew his nomination to be Labor Secretary under President Donald Trump....



New security measure could cause travelers to reroute trips

Tue, 21 Mar 2017 21:50:27 GMT2017-03-21T21:50:27Z

DALLAS (AP) -- A new security measure banning many electronic devices on flights from 10 mostly Muslim countries is leading travelers to reconsider their plans to fly through some airports in the Middle East and Africa....



Neiman Marcus agrees to pay $1.6M over 2013 security breach

Tue, 21 Mar 2017 20:39:53 GMT2017-03-21T20:39:53Z

DALLAS (AP) -- Neiman Marcus Group Ltd. has agreed to pay $1.6 million to settle a class-action lawsuit over a 2013 security breach that exposed the credit and debit card data of about 350,000 shoppers....



General Mills says sales of "light" yogurts hurting the most

Tue, 21 Mar 2017 17:01:59 GMT2017-03-21T17:01:59Z

NEW YORK (AP) -- Yogurts that have more fat and taste better are gaining popularity, a trend that General Mills said Tuesday is hurting its U.S. yogurt sales....



Ask Brianna: How can I fund a wedding and pay student debt?

Tue, 21 Mar 2017 15:02:39 GMT2017-03-21T15:02:39Z

"Ask Brianna" is a Q&A column from NerdWallet for 20-somethings or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans - all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbrianna@nerdwallet.com....



US current account deficit narrows in fourth quarter

Tue, 21 Mar 2017 14:14:42 GMT2017-03-21T14:14:42Z

WASHINGTON (AP) -- The deficit in the broadest measure of U.S. trade shrank in the final three months of 2016 but the gap for the full year rose to the highest level in eight years....



USA Today names Joanne Lipman as new top editor

Mon, 20 Mar 2017 23:18:26 GMT2017-03-20T23:18:26Z

NEW YORK (AP) -- Gannett has named Joanne Lipman as the editor-in-chief of USA Today, one of the country's biggest newspapers....



Target revamps stores for those in a rush, those who ramble

Mon, 20 Mar 2017 21:42:45 GMT2017-03-20T21:42:45Z

NEW YORK (AP) -- In a move to bring shoppers back to its stores, Target is embarking on an ambitious redesign aimed at helping people who need to dash in for milk to get out quickly while encouraging those who want to wander the aisles to linger....



Target hires grocery veteran to recharge its food division

Mon, 20 Mar 2017 18:41:06 GMT2017-03-20T18:41:06Z

NEW YORK (AP) -- Target Corp. has named a grocery industry veteran to help recharge its sluggish food division....



Wells Fargo still feeling impact of sales practices scandal

Mon, 20 Mar 2017 18:30:43 GMT2017-03-20T18:30:43Z

NEW YORK (AP) -- Wells Fargo is still seeing fewer people at its bank branches as well as a decline in checking-account openings as the scandal over its sales practices takes its toll....



Airlines expect 4 percent rise in passengers this spring

Mon, 20 Mar 2017 18:09:11 GMT2017-03-20T18:09:11Z

DALLAS (AP) -- Coming off another highly profitable year in 2016, U.S. airlines expect traffic this spring to increase 4 percent over last year, and they are adding seats to handle the crush....



Liz Weston: Retire right -- plan to do it twice

Mon, 20 Mar 2017 14:23:26 GMT2017-03-20T14:23:26Z

There's the retirement that looks like the commercials: biking, travel, enjoying the family....



Turning extra stuff into extra cash

Sun, 19 Mar 2017 13:26:25 GMT2017-03-19T13:26:25Z

Spring cleaning can be cathartic and profitable....



Trump administration wants freer hand to fire head of agency

Fri, 17 Mar 2017 23:32:09 GMT2017-03-17T23:32:09Z

WASHINGTON (AP) -- The Trump administration is backing a court case that would make it easier for the president to fire the head of the government's consumer finance watchdog agency....



US rig count increases 21 this week to 789; Oklahoma up 10

Fri, 17 Mar 2017 22:15:35 GMT2017-03-17T22:15:35Z

HOUSTON (AP) -- The number of rigs exploring for oil and natural gas in the U.S. increased by 21 this week to 789....



List of the 138 JC Penney stores that are closing

Fri, 17 Mar 2017 22:01:58 GMT2017-03-17T22:01:58Z

J.C. Penney on Friday released a list of the 138 locations that will close in the coming months as part of its plan to cut costs. Most are located within malls or shopping centers. Liquidation sales will start at the closing stores on April 17, and most stores will be shut by mid-June, the company said....



J.C. Penney lists the 138 stores it is planning to shutter

Fri, 17 Mar 2017 20:47:44 GMT2017-03-17T20:47:44Z

NEW YORK (AP) -- For the first time on Friday, J.C. Penney listed the 138 locations it will shutter in the coming months as the retailer seeks to cut costs and improve its profitability....



Standard & Poors raises Cyprus credit rating a notch to BB+

Fri, 17 Mar 2017 18:14:56 GMT2017-03-17T18:14:56Z

...



IBM announces plans to hire 2,000 US veterans

Fri, 17 Mar 2017 18:00:14 GMT2017-03-17T18:00:14Z

NEW YORK (AP) -- IBM plans to hire 2,000 U.S. veterans over the next four years as part of a broader expansion plan....



Wells Fargo CEO: Fixing fake accounts will take more time

Fri, 17 Mar 2017 17:59:16 GMT2017-03-17T17:59:16Z

NEW YORK (AP) -- Wells Fargo CEO Tim Sloan said the company could need several more months to resolve customer damage tied to its massive sales practices scandal, such as figuring out if people had trouble getting approved for other loans because of the fake accounts bank employees opened....



Auto industry backs commitment to fuel economy amid doubts

Fri, 17 Mar 2017 17:56:03 GMT2017-03-17T17:56:03Z

DEARBORN, Mich. (AP) -- Just because President Trump may weaken U.S. fuel economy requirements, don't expect gas guzzlers like the giant 13 mpg Hummer H1 to make a comeback....



Recalls this week: children's pajamas, bicycles

Fri, 17 Mar 2017 17:38:04 GMT2017-03-17T17:38:04Z

More than 100,000 battery rechargers for video game controllers are being recalled because they can overheat. Other recalled items include children's robes and pajamas that fail to meet flammability standards....



A third of Chipotle's board is on the way out

Fri, 17 Mar 2017 15:54:04 GMT2017-03-17T15:54:04Z

NEW YORK (AP) -- Chipotle, which is trying to revive its fortunes after being rattled by food safety scares, said a third of its board members will leave in May after their terms expire, including three long-time members who were on the board before Chipotle became a public company more than a decade ago....



US factory production rose for 6th straight time in February

Fri, 17 Mar 2017 13:34:58 GMT2017-03-17T13:34:58Z

WASHINGTON (AP) -- U.S. factories cranked out more autos, steel and computers in February, the sixth straight monthly increase in manufacturing output....



Czech beer Budvar hits production record in 2016

Fri, 17 Mar 2017 12:04:02 GMT2017-03-17T12:04:02Z

PRAGUE (AP) -- Production of Budvar beer, which has been embroiled in a lengthy legal dispute with U.S. giant Anheuser-Busch over the use of the "Budweiser" brand, reached a record in 2016....



Asia still a crown jewel for Tiffany during strong 4Q

Fri, 17 Mar 2017 11:35:15 GMT2017-03-17T11:35:15Z

NEW YORK (AP) -- Tiffany & Co. is reporting fourth-quarter earnings of $157.8 million....