More Business Articles

  • Honeywell 1Q earnings rise, boosts outlook

    Updated: Thu, Apr 17, 2014

    MORRIS TOWNSHIP, N.J. (AP) — Honeywell International Inc. lifted the lower end of its 2014 earnings outlook Thursday, thanks to better-than-expected first quarter results and signs of an improving global economy. The company is still "cautiously optimistic" about the economy, said...

  • GM 1Q global sales up 2 pct to 2.42M

    Updated: Thu, Apr 17, 2014

    DETROIT (AP) — General Motors says it sold 2.42 million cars and trucks in the first three months of the year, keeping it slightly ahead of Volkswagen in the global sales race. The Detroit automaker says its sales grew 2 percent worldwide from January through March. The company was...

  • Hotel magnate, Democratic fundraiser pleads guilty

    Updated: Thu, Apr 17, 2014

    NEW YORK (AP) — A wealthy hotel executive and Democratic fundraiser who supported Hilary Clinton for president pleaded guilty Thursday to charges he secretly funneled more than $180,000 in illegal campaign contributions to three unnamed candidates and coached someone to lie about it....

  • Ex BP-employee settles US insider-trading charges

    Updated: Thu, Apr 17, 2014

    WASHINGTON (AP) — A former BP employee who was a coordinator during the 2010 oil spill in the Gulf of Mexico has agreed to settle federal charges of using confidential information on the seriousness of the spill to profit illegally from trading in BP stock. The Securities and...

  • Budget office: Wage boost would cost firms $15B

    Updated: Thu, Apr 17, 2014

    WASHINGTON (AP) — A Senate Democratic bill gradually increasing the federal minimum wage to $10.10 hourly would require private businesses to spend $15 billion more in salaries when it takes full effect in 2017, the Congressional Budget Office estimated Thursday. The nonpartisan...

  • Exercise devices recalled over safety risk

    Updated: Thu, Apr 17, 2014

    WASHINGTON (AP) — Ontel Products Corp. is recalling 170,000 Isometric exercise devices known as the ISO7X due to the risk that the handle grips will break and send parts flying. Consumers were advised to stop using the product and contact the company for a refund. The U.S. Consumer...

  • Hot cars at this year's New York auto show

    Updated: Thu, Apr 17, 2014

    NEW YORK (AP) — With more than 1 million visitors annually, the New York International Auto Show is one of the most important shows for the U.S. auto industry. Here are some of the vehicles debuting this year. The show opens to the public Friday. SUBARU OUTBACK: The newly redesigned...

  • Judge won't order recalled GM cars to be parked

    Updated: Thu, Apr 17, 2014

    DETROIT (AP) — A Texas federal judge has denied an emergency motion that would have forced General Motors to tell owners of more than 2 million recalled cars to stop driving them until the ignition switches are replaced. U.S. District Judge Nelva Gonzales Ramos issued her order...

  • Mid-cap stocks are getting some love, finally

    Updated: Thu, Apr 17, 2014

    NEW YORK (AP) — Maybe the middle child really should be the favorite. Just like families sometimes overlook the middle kid, investors all too often pay attention to just the smallest and largest stocks. Managers of mid-cap stock mutual funds say they've experienced the middle-child...

  • Business events scheduled for Friday

    Updated: Thu, Apr 17, 2014

    Major business and economic events scheduled for Friday: U.S. stock market is closed for Good Friday.

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