More Business Articles

  • FAA proposes to fine Southwest Airlines $12M

    Updated: Mon, Jul 28, 2014

    WASHINGTON (AP) — The government is proposing a $12 million civil fine against Southwest Airlines for failing to comply in three separate cases with safety regulations related to repairs on Boeing 737 jetliners. The Federal Aviation Administration said Monday that beginning in 2006...

  • Rule aimed at cutting coal-fired plant's emissions

    Updated: Mon, Jul 28, 2014

    FLAGSTAFF, Ariz. (AP) — The federal government has come up with a final version of a rule meant to cut haze-causing emissions from the largest coal-fired power plant in the West. The U.S. Environmental Protection Agency's decision Monday reflects a compromise by tribal and federal...

  • Smith & Wesson paying $2M to settle SEC charges

    Updated: Mon, Jul 28, 2014

    WASHINGTON (AP) — Smith & Wesson has agreed to pay $2 million to settle civil charges of bribing government officials in Pakistan, Indonesia and other countries to win military and police business. The Securities and Exchange Commission announced the settlement Monday with the...

  • Medicare hospital fund to last 4 years longer

    Updated: Mon, Jul 28, 2014

    WASHINGTON (AP) — Medicare's finances are looking brighter, the government said Monday. The program's giant hospital trust fund won't be exhausted until 2030 — four years later than last year's estimate. Meanwhile, Social Security's massive retirement program will remain solvent...

  • House bill lets airlines advertise pre-tax fares

    Updated: Mon, Jul 28, 2014

    WASHINGTON (AP) — It's a battle pitting the nation's airlines against their passengers, and the first round has gone to the industry. The House used a voice vote Monday to approve a bipartisan bill letting airline advertising emphasize the base price of their airfares. That's before...

  • A look at how Dollar Tree, Family Dollar differ

    Updated: Mon, Jul 28, 2014

    NEW YORK (AP) — Dollar Tree is stepping up its fight for penny-pinching customers. On Monday, the discounter said it would acquire rival discounter Family Dollar for $8.5 billion, making it the biggest player in the dollar store category. The acquisition comes as Wal-Mart Stores Inc....

  • FAA fines Southwest Airlines $12 million for flying airliners without making proper repairs

    Updated: Mon, Jul 28, 2014

    WASHINGTON (AP) — FAA fines Southwest Airlines $12 million for flying airliners without making proper repairs.

  • Lloyds bank settles with US, UK over market fixing

    Updated: Mon, Jul 28, 2014

    LONDON (AP) — Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate. Lloyds, one of the world's largest banks, on Monday became the sixth financial firm sanctioned in the international rate-rigging...

  • Trial in salmonella outbreak begins in Georgia

    Updated: Mon, Jul 28, 2014

    ALBANY, Ga. (AP) — Jury selection is underway in the trial for three people charged in a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago. Jury selection began Monday in federal court in Albany in the trial of former Peanut Company of America...

  • Red Lobster goes vertical on plate to push quality

    Updated: Mon, Jul 28, 2014

    NEW YORK (AP) — Red Lobster wants to be seen as a purveyor of quality seafood, so it's getting rid of some of its promotional discounts and stacking the food higher on plates, as is the style at fancier restaurants. The changes mark the latest attempt by the struggling seafood to...

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