More Business - !movers And Shakers Articles

  • FTC accuses Gerber of false claim on baby formula

    Updated: 1 hr ago

    WASHINGTON (AP) — Baby-food maker Gerber is being accused by the government of claiming falsely that its Good Start Gentle formula can prevent or reduce allergies in children. In a complaint filed Thursday in federal court, the Federal Trade Commission alleged that the company misled...

  • Wal-Mart's Japan unit will close 30 stores

    Updated: 1 hr ago

    NEW YORK (AP) — Wal-Mart says its Japanese unit Seiyu plans to close 30 underperforming stores. Seiyu says the stores that are being closed are "not aligned with the company's strategy." It also plans to remodel about 50 stores in its next fiscal year with an emphasis on improving...

  • US stocks rise in afternoon trading; Visa soars

    Updated: 2 hr ago

    NEW YORK (AP) — U.S. stocks turned higher Thursday as MasterCard and other big companies turned in stronger quarterly results. The Dow Jones industrial average climbed nearly 200 points, thanks largely to Visa, the Dow's highest-priced stock. KEEPING SCORE: The Dow Jones industrial...

  • Settlement reached in 2009 New York plane crash

    Updated: 2 hr ago

    BUFFALO, N.Y. (AP) — A settlement was announced Thursday in the only case to go to trial following a 2009 plane crash into a suburban Buffalo home that killed 50 people. The deal was announced in state Supreme Court after more than a month of testimony in the wrongful death case...

  • US turns up heat on Takata over air bag problem

    Updated: 2 hr ago

    DETROIT (AP) — U.S. safety regulators are ordering Japanese auto supplier Takata Corp. to provide more information about air bags that can explode and shoot shrapnel toward drivers and passengers. The order sent Thursday makes 36 separate requests for information on production...

  • Judge OKs debt plan for Stockton, California, 1 of largest US cities to declare bankruptcy

    Updated: 2 hr ago

    SACRAMENTO, Calif. (AP) — Judge OKs debt plan for Stockton, California, 1 of largest US cities to declare bankruptcy.

  • Democratic areas win more transportation grants

    Updated: 2 hr ago

    WASHINGTON (AP) — Just two months before next week's midterm elections, the Obama administration in September awarded the biggest share of almost $600 million in economic stimulus-based transportation grants to projects in districts with a Democratic congressman even though Republicans...

  • Study: Mislabeled shrimp at restaurants, grocers

    Updated: 2 hr ago

    NEW ORLEANS (AP) — Ever thought that big, pink Gulf coast shrimp you ordered at the restaurant or bought from the store didn't taste juicy or salty enough? Maybe it wasn't from the Gulf. From New York to New Orleans to Oregon, consumers are being misled about the shrimp they're...

  • MGM Resorts reports 3Q loss from casinos, expenses

    Updated: 2 hr ago

    LAS VEGAS (AP) — Sometimes the house doesn't win as much as it hopes. MGM Resorts International earned $40 million less in revenue from its casinos, largely table games, in the third quarter compared to a year ago. That, plus losses the casino-entertainment company expected from...

  • US average rate on 30-year home loan 3.98 percent

    Updated: 3 hr ago

    Average U.S. mortgage rates halted their five-week decline this week but the benchmark 30-year loan remained below 4 percent.

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement