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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.

Market report: Stocks drop as tech sector slides

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

A slide in technology companies weighed on U.S. stocks Thursday, pulling the market lower for the first time this week and erasing modest gains from a day earlier.

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.

Business news in brief

posted: 09/22/2017 1:54 a.m. Discuss

Clinton airport traffic higher in August

News in brief

posted: 09/22/2017 1:53 a.m. Discuss

Windstream drops 21 workers, 18 in LR

Siloam Springs plant to close, 238 jobs end

posted: 09/21/2017 2:11 a.m. Discuss

An Arkansas vegetable production plant employing more than 230 workers is closing after owner Del Monte Foods said it's selling its subsidiary Sager Creek Vegetable to McCall Farms Inc.

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.

Wisconsin attorneys' study casts doubt on Foxconn law

posted: 09/21/2017 2:07 a.m. Discuss

Portions of the law passed for Foxconn Technology Group that speeds up legal appeals related to a planned flat-screen display factory are legally questionable according to an analysis prepared by nonpartisan attorneys for the Wisconsin Legislative Council at the request of Democratic Senate Minority Leader Jennifer Shilling.

Market report: Stocks mostly higher on Fed news

updated: 09/21/2017 2:05 a.m. Discuss

U.S. stock indexes overcame an afternoon wobble to close mostly higher Wednesday after the Federal Reserve said it would start reducing its huge bond portfolio and was still on track to raise interest rates later this year.

Business news in brief

updated: 09/21/2017 2:04 a.m. Discuss

Organic farms double in state, U.S. says

News in brief

updated: 09/21/2017 2:03 a.m. Discuss

Colliers, Irwin firms in real estate merger

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