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Tuesday, May 03, 2016, 1:19 p.m.
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St. Louis jury awards $55M in Johnson & Johnson cancer suit

posted: 05/03/2016 11:03 a.m. Discuss

ST. LOUIS — For the second time in three months, a St. Louis jury has ordered Johnson & Johnson to pay a big award over claims that its talcum powder causes cancer.

Breakup leaves Baker Hughes flush

posted: 05/03/2016 2:09 a.m. Discuss

Baker Hughes said Monday that it will buy back shares and debt with the $3.5 billion break-up fee it is due this week from Halliburton after the oilfield service companies canceled their proposed merger.

March's outlays to build up 0.3%

posted: 05/03/2016 2:09 a.m. Discuss

WASHINGTON -- U.S. construction spending advanced in March to its highest level in more than eight years, the Commerce Department said. Gains in homebuilding and nonresidential construction offset a drop in government projects.

Buffett praises Fed’s rate policy

posted: 05/03/2016 2:09 a.m. Discuss

OMAHA, Neb. — Investor Warren Buffett said the Federal Reserve and other policymakers are generally doing a good job, but it’s difficult to predict the effects extended low interest rates will have on the economy.

Chicken processor rejected by town

posted: 05/03/2016 2:08 a.m. Discuss

NICKERSON, Neb. -- Half-ton pickups crowd the curb outside the One Horse Saloon, a neon Coors Light sign in the window and rib-eye steaks on the menu, but otherwise Nickerson, Neb., is nearly silent on a spring evening, with only rumbling freight trains interrupting bird songs.

Cuba gets 1st U.S. cruise ship since '70s

posted: 05/03/2016 2:07 a.m. Discuss

HAVANA -- The first U.S. cruise ship in nearly 40 years crossed the Florida Straits from Miami and pulled into Havana Harbor on Monday, restarting commercial travel on waters that served as a stage for a half-century of Cold War hostility.

Consumers turn profit buying others' gift cards at a discount

posted: 05/03/2016 2:06 a.m. Discuss

PITTSBURGH -- A growing number of consumers are using online gift card exchanges to trade their unused cards for cash. At the same time, savvy shoppers are picking up those castoffs at a discount -- in essence devising their own way to get markdowns on goods they buy.

Energy explorers Haliburton and Baker Hughes abandon merger

posted: 05/02/2016 11:13 a.m. Discuss

WASHINGTON — Two companies crucial to the business of U.S. energy exploration — Halliburton and Baker Hughes — have abandoned their planned $34 billion merger.

Net data caps lifted at AT&T and Comcast

posted: 05/02/2016 2:28 a.m. Discuss

Comcast Corp. and AT&T increased the data caps for their broadband customers following complaints about the limits and the subsequent surcharges users incur when they surpass them.

California ports turn to robots to cut emissions, speed freight

posted: 05/02/2016 2:23 a.m. Discuss

On one end of a dock at America's busiest port, tractor-trailers haul containers through dense, stop-and-go traffic. Sometimes they collide. Sometimes the drivers must wait, diesel engines idling, as piles are unstacked to find the specific container they need.

Chevron posts 1Q loss, its first since 1992

posted: 05/02/2016 1 a.m. Discuss

Chevron Corp. reported a loss that was double analysts’ estimates amid an oil-market collapse that’s sparked currency crises, corporate bankruptcies, credit downgrades and hundreds of thousands of layoffs across the industry.

Firms' role in low cattle prices getting a look

posted: 05/01/2016 3:10 a.m. Discuss

Meatpackers -- including Cargill, JBS and Tyson Foods -- are facing a possible Government Accountability Office investigation over business practices that an advocate for cattlemen says cost the cattle industry millions of dollars.

Banking by phone gaining traction

posted: 05/01/2016 3:08 a.m. Discuss

The use of mobile banking -- consumers accessing bank services using a mobile phone -- continues to increase, according to an annual survey by the Federal Reserve Board.

Casino kitchens serious about homegrown

posted: 05/01/2016 3:06 a.m. Discuss

QUAPAW, Okla. -- The latest trend in cuisine at Downstream Casino Resort might be considered a regional farm-to-poker-table system.

Women Who Weld seeks parity

posted: 05/01/2016 3 a.m. Discuss

DETROIT -- A half-dozen women recently sat around a table at a Detroit studio, leaning in as instructor Ralph Taylor taught them to weld.

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