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Wednesday, September 17, 2014, 12:59 a.m.
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GM to redress 19 deaths, expert rules

posted: 09/16/2014 2:01 a.m. Discuss

DETROIT -- The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. The number is likely to go higher.

Microsoft acquires Minecraft company

posted: 09/16/2014 1:56 a.m. Discuss

SEATTLE -- Microsoft Corp. has agreed to acquire Mojang, the software company behind the popular game Minecraft, for $2.5 billion in a bid to expand its Xbox and mobile businesses.

Analysts on alert for language clues in Fed policy statement

posted: 09/16/2014 1:53 a.m. Discuss

WASHINGTON -- When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words:

Business news in brief

posted: 09/16/2014 1:51 a.m. Discuss

Simmons First Trust to buy Talbot Capital

GM expert says 19 deaths eligible for compensation

posted: 09/15/2014 11:06 a.m. Discuss

DETROIT — General Motors’ compensation expert in cases involving faulty ignition switches has determined that 19 wrongful death claims are eligible for payments from the company.

U.S. tax credit left to twist in the wind

posted: 09/15/2014 2:04 a.m. Discuss

FOREST, Wis. -- When wind-power developers prospected the rolling hills around this small dairy town, they found plenty of gusty sites for turbines.

High-risk bonds see sales flurry on rate worries

posted: 09/14/2014 2:02 a.m. Discuss

The riskiest borrowers are leading the busiest September in at least six years for speculative-grade bond sales in the United States as Moody's Investors Service warns that protections in the debt are declining.

Economy changes face of street vending in LA

posted: 09/14/2014 1:57 a.m. Discuss

Sitting at her street vending booth with products arrayed neatly on a sequined purple tablecloth, Jackie Lloyd reflects nostalgically on the days when she had a steady salary and regular hours.

Apple's smartwatch considered a threat to timepiece makers

posted: 09/14/2014 1:55 a.m. Discuss

Just how scared is the watch industry of Apple's new smartwatch?

Cereal sales go stale as breakfast changes

posted: 09/14/2014 1:53 a.m. Discuss

Cereal, that bedrock of the American breakfast, has lost some of its snap, crackle and pop.

'Buddha of Bourbon' marks 60 years in business

posted: 09/14/2014 1:52 a.m. Discuss

Jimmy Russell strolled into a room filled with tourists, and soon the patriarch of Kentucky bourbon was surrounded by fans, posing for pictures and autographing bottles.

U.S. seeks new law to fight data fraud

posted: 09/13/2014 1:55 a.m. Discuss

WASHINGTON -- Working to combat an increasingly lucrative crime that crosses national boundaries, Justice Department officials are pressing for a new law to help them prosecute criminals overseas who traffic in stolen credit cards.

Vehicles drive up sales for August

posted: 09/13/2014 1:54 a.m. Discuss

WASHINGTON -- Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated consumer spending.

Nevadan inks Tesla tax-break bill

posted: 09/13/2014 1:54 a.m. Discuss

CARSON CITY, Nev. -- Calling it one of the most important pieces of legislation in Nevada history, Gov. Brian Sandoval signed into law an unprecedented $1.3 billion package of incentives to seal a deal to land Tesla Motors' $5 billion battery factory in the Silver State.

Chemical trade aims to fashion regulations

posted: 09/13/2014 1:53 a.m. Discuss

WASHINGTON -- The chemical industry is putting its lobbying muscle behind legislation to establish standards for chemicals used in products such as household goods, cellphones and plastic water bottles -- but also to make it tougher for states to enact their own regulations.

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