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New rules ease state retirement plans

posted: 08/26/2016 2:07 a.m. Discuss

States and large cities can more easily establish their own retirement programs for private-sector workers under new rules President Barack Obama's administration announced Thursday, which are aimed at expanding the number of Americans with access to tax-advantaged savings accounts.

Some to receive EpiPen price cut

posted: 08/26/2016 2:05 a.m. Discuss

Responding to a growing furor from consumers and politicians, the pharmaceutical company Mylan said Thursday that it would lower the cost to some patients of the EpiPen, which is used to treat life-threatening allergy attacks.

Durable goods orders rise in July

posted: 08/26/2016 2:04 a.m. Discuss

WASHINGTON -- Orders to U.S. factories for big-ticket manufactured goods surged in July, lifted in part by the biggest increase in orders in a key investment category since January.

Traders anticipating interest rate increase

posted: 08/26/2016 2:03 a.m. Discuss

WASHINGTON -- The job market is humming, and so are the U.S. financial markets, with major stock indexes near record highs.

Auto, high-tech sectors in car clash

posted: 08/26/2016 2:01 a.m. Discuss

WASHINGTON -- Cars that wirelessly communicate with one another are finally ready for the road, automakers and government officials say.

Walkable neighborhood in LA a costly amenity

posted: 08/26/2016 1:59 a.m. Discuss

LOS ANGELES -- People are willing to pay extra to live in more walkable neighborhoods where they can stroll to work, shops and restaurants from home, according to a study published this month.

Market report: Stocks down after mixed reports

posted: 08/26/2016 1:58 a.m. Discuss

NEW YORK -- Stocks fell in light trading for a second day on Thursday as investors sifted a mix of earnings reports.

VW reaches deal to pay U.S. dealers

posted: 08/26/2016 1:58 a.m. Discuss

SAN FRANCISCO -- Volkswagen has reached a tentative deal with its U.S. dealers to compensate them for losses they said they suffered as a result of the company's emissions cheating scandal, attorneys for the carmaker and dealers told a federal judge Thursday.

Business news in brief

posted: 08/26/2016 1:57 a.m. Discuss

7-day maintenance to close Terry Lock

News in brief

posted: 08/26/2016 1:56 a.m. Discuss

60 set to lose jobs at NLR grader plant

Entergy suit cites 'time bomb' in code

posted: 08/25/2016 5:45 a.m. Discuss

A subsidiary of Entergy Corp. threatened in a lawsuit filed this month that almost half a million Entergy customers would be unable to access their online bills next month unless it could prevent the detonation of a software "time bomb."

EpiPen price rise raises concerns; CEO at center of call for inquiry is senator’s daughter

posted: 08/25/2016 5:45 a.m. Comments 5

Members of Congress are in an unusual position as they demand an explanation for Mylan NV's 400 percent price increase for the EpiPen and focus attention squarely on Chief Executive Officer Heather Bresch.

USDA to buy $20M chunk of cheese

posted: 08/25/2016 5:45 a.m. Discuss

The U.S. Department of Agriculture plans to buy $20 million of stockpiled cheese to distribute to food banks and pantries nationwide to stem farmer losses after dairy prices plummeted during a global milk glut earlier this year.

Thumbs go down as CEO pay rises

posted: 08/25/2016 2:13 a.m. Discuss

Huge paydays for chief executives, at least as designed, are supposed to reward great performance for investors. But when it comes to what their workers think of their performance, the highest-paid chief executive officers actually tend to get the worst ratings from employees.

$39M in grants to lift coal towns

posted: 08/25/2016 2:13 a.m. Discuss

Communities in nine U.S. states that have been hard-hit by coal layoffs are being promised more than 3,000 jobs in several industries through a multimillion-dollar federal grant.

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