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GM denies allegations that it cheats on diesel emissions

posted: 05/26/2017 11:43 a.m. Discuss

DETROIT — General Motors on Thursday denied allegations made in a lawsuit that the company's full-size diesel pickups cheat on emissions tests.

Sears posts first profit since 2015

posted: 05/26/2017 2:01 a.m. Discuss

Shares of Sears Holdings Corp. rallied Thursday after the retailer posted its first quarterly profit since 2015.

Texas builder aims to offer house that's maintenance-free

posted: 05/26/2017 2 a.m. Discuss

Jimmy Tanghongs doesn't want his homebuyers to ever have to paint their houses, fix the roofs or pay an electric bill.

Retailers win round in push by banks to lift debit fee cap

posted: 05/26/2017 1:59 a.m. Discuss

Big retailers have prevailed against an attempt by big banks to kill a legislative provision that has cost lenders billions of dollars in potential revenue.

Market report: Both Nasdaq, S&P reach new highs

posted: 05/26/2017 1:59 a.m. Discuss

U.S. stocks climbed for the sixth straight day Thursday as strong first-quarter results from retailers Best Buy and PVH led indexes to record highs. That offset weakness in energy stocks caused by a drop in oil prices.

Business news in brief

posted: 05/26/2017 1:57 a.m. Discuss

Arvest makes Forbes' top-employer list

In D.C., state truckers talk key issues

posted: 05/25/2017 2:12 a.m. Discuss

For the ninth year, members of the Arkansas Trucking Association are in Washington, D.C., to talk face-to-face with legislators about the top issues the industry is facing.

United vows focus on customers

posted: 05/25/2017 2:11 a.m. Discuss

The chief executive of United Airlines assured shareholders Wednesday that the company is doing all it can to be more customer-friendly since video surfaced of a passenger being violently removed from a plane last month.

Adviser to Trump gets $60M windfall

posted: 05/25/2017 2:10 a.m. Comments 5

Billionaire Carl Icahn's CVR Energy Inc., his oil refining company, saved about $60 million in the first quarter because of expectations that the federal government will ease a regulation involving renewable fuels, securities filings show.

April home sales fall 2.3% as demand outpaces supply

posted: 05/25/2017 2:06 a.m. Discuss

Americans pulled back their pace of home-buying in April, as the shrinking number of houses for sale and rising prices put them in an options-dwindling bind.

Savings rule set to take effect

posted: 05/25/2017 2:03 a.m. Discuss

A federal rule requiring financial brokers to put retirement savers' interests ahead of their own will take effect June 9 without further delay, Labor Secretary Alexander Acosta said this week.

Market report: Fed news prompts late splurge

posted: 05/25/2017 2:02 a.m. Discuss

U.S. stocks rose for the fifth consecutive day Wednesday as investors went on a late buying spree. The gains came after news that the Federal Reserve plans to start reducing its huge portfolio of bonds. The Standard & Poor's 500 index closed at a record high.

Business news in brief

posted: 05/25/2017 2:01 a.m. Discuss

Bank of Ozarks offers 6.6 million shares

Electricity bust ahead, experts say

posted: 05/25/2017 1 a.m. Discuss

The glut of cheap natural gas from a single shale basin that straddles the Northeast, mid-Atlantic and Midwest has sparked a construction boom of power plants. Dozens have been built in the past two years alone.

Google out to tie Web ads to sales

posted: 05/24/2017 2:15 a.m. Discuss

Google will soon begin using data from billions of credit and debit card transactions -- including card numbers, purchase amounts and time stamps -- to help Google in its quest to prove that online ads prompt consumers to make purchases in stores, the company said on Tuesday.






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