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Trade board flags solar imports

posted: 09/23/2017 1:47 a.m. Discuss

A U.S. trade panel has ruled that low-cost solar panels imported from China and other countries have caused serious injury to American manufacturers, raising the possibility of President Donald Trump's administration imposing tariffs that could double the price of solar panels from abroad.

Idaho to oversee logging in U.S. forest

posted: 09/23/2017 1:45 a.m. Discuss

BOISE, Idaho -- The U.S. Forest Service and Idaho have forged 10 agreements for logging and restoration projects on federal land in what officials say could become a template for other Western states to create jobs and reduce the severity of wildfires.

GM says third shift to end at Tennessee plant Nov. 27

posted: 09/23/2017 1:43 a.m. Discuss

General Motors is laying off the third shift at its Spring Hill, Tenn., SUV factory as it deals with a slowing U.S. auto market.

Market report: Energy, wireless stocks post gains

updated: 09/23/2017 1:42 a.m. Discuss

A listless day on Wall Street finished with U.S. stocks eking out small gains Friday, as strength in energy, phone and industrial companies offset losses elsewhere.

Business news in brief

updated: 09/23/2017 1:42 a.m. Discuss

New L.L. Bean ad visible only in sunlight

Data-security bills lack GOP backers

posted: 09/23/2017 1 a.m. Discuss

Prospects are good for a public shaming in the Equifax data breach, but it's unlikely Congress will institute sweeping new regulations after hackers accessed the personal information of an estimated 143 million Americans.

SEC data breach details disclosed

posted: 09/22/2017 1:58 a.m. Discuss

The vulnerability of governments and businesses to cyberattacks was exposed again Wednesday when a top U.S. financial regulator said hackers had breached its electronic database of market-moving corporate announcements, and may have profited from the information they stole.

Insurers tallying hurricane losses

posted: 09/22/2017 1:57 a.m. Discuss

NEW YORK -- Allstate expects insurance losses of about $593 million in August after Hurricane Harvey left a path of destruction along the Gulf Coast.

Mercedes takes aim at Tesla with U.S. electric production

posted: 09/22/2017 1:56 a.m. Discuss

Daimler AG plans to spend $1 billion to start production of Mercedes-Benz electric vehicles at its Alabama factory, setting the world's largest luxury-car maker up to battle with battery-car specialist Tesla Inc. on its home turf.

Indiana's Gary asks Amazon for a shot

posted: 09/22/2017 1:55 a.m. Discuss

Karen Freeman-Wilson knows her city is in trouble.

Google buys HTC's Pixel team in $1.1B bet on devices

posted: 09/21/2017 11:52 a.m. Discuss

SAN FRANCISCO — Google is biting off a big piece of device manufacturer HTC for $1.1 billion to expand its efforts to build phones, speakers and other gadgets equipped with its arsenal of digital services.

U.S. home resales decline 1.7%

posted: 09/21/2017 2:10 a.m. Discuss

U.S. home sales fell 1.7 percent in August, pulled down by the effects of Hurricane Harvey and an increasing shortage of available properties.

Key rate stays as is, Fed decides

posted: 09/21/2017 2:09 a.m. Discuss

The Federal Reserve left its benchmark interest rate unchanged and said Wednesday that it would begin to withdraw some of the trillions of dollars that it invested in the U.S. economy after the 2008 financial crisis.

Nestle buys image in coffee deal

posted: 09/21/2017 2:08 a.m. Discuss

Big companies are good at lots of things. Managing complex supply chains. Buying in bulk to get the lowest prices from suppliers. Getting products on lots of store shelves and in front of lots of consumers.

College towns feeling pinch from websites' short-term rentals

posted: 09/21/2017 2:08 a.m. Discuss

Time was when renting an apartment in one of this college town's funky triple-deckers or two-family homes wouldn't cost an arm and a leg.

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