More Business Articles

  • Alfa heads to US in June with sporty $54,000 4C

    Updated: 15 hr ago

    NEW YORK (AP) — After a nearly 20-year absence, Italian car maker Alfa Romeo is returning to the U.S. market. Alfa CEO Harald Wester said Wednesday the company plans to ship around 100 4C sports cars to the U.S. this June. Alfa expects to ship a total of 800 cars to the U.S. this...

  • Fed survey: Growth picks up across most of US

    Updated: 15 hr ago

    WASHINGTON (AP) — A Federal Reserve survey shows economic growth picking up across most of the United States over the past two months as bitter winter weather subsided. Ten of the Fed's 12 regions reported an increase in economic activity, according to the Beige Book survey released...

  • Car fans may find their hearts racing at new Colorado Springs club

    by ned b. hunter ned.hunter@gazette.com -
    Updated: 15 hr ago

    A driver's dream, the custom-built Chevy Corvette took second place in the 2011 Detroit AutoRama car show, the largest and most prestigious custom auto show in the nation. A year later, it broke all previous custom-car corvette sales records when it sold for $408,800, instantly...

  • Toyota Camry gets a top-to-bottom makeover

    Updated: 15 hr ago

    NEW YORK (AP) — Shaken by the advances of newer, sportier rivals, the Toyota Camry is trying to shed its vanilla reputation. The redesigned 2015 Camry, unveiled Wednesday at the New York International Auto Show, is longer and wider, with a large, aggressive grille and chiseled...

  • Some exempted from minimum wage, increased or not

    Updated: 15 hr ago

    WASHINGTON (AP) — Some workers won't benefit even if a long-shot Democratic proposal to raise the federal minimum wage becomes law. That's because more than a dozen categories of jobs are exempt from the hourly minimum, currently $7.25. Those exclusions run from some workers with...

  • Astellas to pay $7.3M in drug-marketing settlement

    Updated: 16 hr ago

    NEW YORK (AP) — A unit of Japanese drugmaker Astellas Pharma will pay the U.S. government $7.3 million to resolve claims it illegally marketed its antifungal drug Mycamine for children before that use was approved. The U.S. Department of Justice says Astellas' illegal marketing took...

  • CEO of regional carrier PSA Airlines to retire

    Updated: 16 hr ago

    FORT WORTH, Texas (AP) — PSA Airlines, which operates regional flights for US Airways, says that its CEO and president will retire and be replaced by the president of US Airways Express. The company said Wednesday that Keith Houk, 66, will retire on Aug. 31 after more than 25 years...

  • Energy state Dems in Senate races split from Obama

    Updated: 16 hr ago

    CHARLESTON, W.Va. (AP) — Scrapping to keep a West Virginia Senate seat Democratic in a state that's sprinted to the right, Natalie Tennant is counting on her allegiance to the coal industry to separate herself from an unpopular President Barack Obama. Her approach reflects common...

  • A look at 3 minority business mentoring programs

    Updated: 16 hr ago

    A look at minority business mentoring programs, called accelerators, in three metropolitan areas. All the programs aim to help already established companies owned by minorities win contracts with large companies and organizations. The goal is for them to expand and hire more workers,...

  • Bank of America posts loss, hurt by legal charges

    Updated: 16 hr ago

    CHARLOTTE, N.C. (AP) — Bank of America said Wednesday that it swung to a loss in the first quarter, hurt by $6 billion in legal charges. A LOSS: The Charlotte, N.C., bank reported a loss applicable to common shareholders of $514 million, compared with a profit of $1.11 billion a...

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