More Business Articles

  • Scientific Games strikes $3.3B deal to buy Bally

    Updated: Fri, Aug 1, 2014

    NEW YORK (AP) — Scientific Games plans to pay about $3.3 billion to buy Bally Technologies in a deal that would combine makers of gambling equipment ranging from slot machines to instant-win lottery games. The electronic gambling machine maker said Friday that it will pay $83.30 for...

  • Harley recalls bikes for ignition switch problem

    Updated: Fri, Aug 1, 2014

    DETROIT (AP) — Ignition switch problems that have plagued General Motors and Chrysler have now turned up in the motorcycle business. Harley-Davidson is recalling more than 3,300 FXDL Dyna Low Rider bikes because engine vibration can turn the switches from "on" to "accessory." The...

  • GM boosted June sales with discounts to dealers

    Updated: Fri, Aug 1, 2014

    As General Motors tackles a safety crisis, a look its numbers from June show just how intent the company is on keeping new-car sales on the rise during a record spate of safety recalls. The Detroit automaker has recalled nearly 30 million cars and trucks this year, including some...

  • US employers add 209K jobs, rate rises to 6.2 pct.

    Updated: Fri, Aug 1, 2014

    WASHINGTON (AP) — U.S. employers extended this year's hiring surge into July by adding a solid 209,000 jobs. It was the sixth straight month of job growth above 200,000, evidence that businesses are shedding the caution that had marked the 5-year-old economic recovery. The...

  • Solid US hiring stretches into 6th month as employers add 209,000 jobs; rate rises to 6.2 pct.

    Updated: Fri, Aug 1, 2014

    WASHINGTON (AP) — Solid US hiring stretches into 6th month as employers add 209,000 jobs; rate rises to 6.2 pct.

  • US consumer spending up 0.4 percent in June

    Updated: Fri, Aug 1, 2014

    WASHINGTON (AP) — U.S. consumer spending rose at the fastest pace in three months in June, providing momentum for the economy going into the second half of the year. The Commerce Department says consumer spending increased 0.4 percent in June following slower increases of 0.3 percent...

  • US consumer spending rose 0.4 percent in June with income also up 0.4 percent

    Updated: Fri, Aug 1, 2014

    WASHINGTON (AP) — US consumer spending rose 0.4 percent in June with income also up 0.4 percent.

  • Ford's US sales up 10 percent in July

    Updated: Fri, Aug 1, 2014

    DETROIT (AP) — Ford's U.S. sales jumped 10 percent in July on strong demand for its SUVs. The company reported total July sales of 212,236, making it Ford's best July in eight years. Sales of the Escape small SUV were up 19 percent to 26,558, while the Explorer mid-size SUV rose 32...

  • Clorox 4Q profit beats Wall St. expectations

    Updated: Fri, Aug 1, 2014

    OAKLAND, Calif. (AP) — Clorox's fiscal fourth-quarter profit declined 7 percent, as foreign currency fluctuations weighed on its sales overseas. Its adjusted profit topped analysts' estimates, while revenue fell a bit short. Shares of the consumer product maker climbed in Friday...

  • Chevron 2Q profit climbs 5.6 percent

    Published: Fri, Aug 1, 2014

    SAN RAMON, Calif. (AP) — Chevron Corp. on Friday reported earnings that rose by 5.6 percent in its second quarter, and topped analysts' expectations. The San Ramon, California-based company said net income increased to $5.67 billion, or $2.98 per share, from $5.37 billion, or $2.77...

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