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Fed's proposed bank tests raise capital requirements

posted: 09/27/2016 1:57 a.m. Discuss

Wall Street would have to come up with billions of dollars in additional capital in a proposed revamp of the Federal Reserve's annual stress tests that could also scrap some provisions that lenders have criticized.

Market report: Bank worries lead to stocks' slide

posted: 09/27/2016 1:57 a.m. Discuss

NEW YORK -- U.S. stocks slumped Monday, and banks took the biggest losses. Deutsche Bank plunged as investors worried about the financial health of Germany's largest bank.

Carnival posts record profit, CEO says

posted: 09/27/2016 1:56 a.m. Discuss

FORT LAUDERDALE, Fla. -- Carnival Corp. on Monday reported higher-than-expected earnings during its third quarter, aided partly by higher ticket prices and lower fuel costs.

EPA changes to lower mileage estimates

posted: 09/27/2016 1:55 a.m. Discuss

DETROIT -- Highway gas mileage estimates for about one-third of all new vehicles sold in the U.S. will fall by one mile per gallon because the government has changed the way it calculates the numbers that appear on the window sticker.

Business news in brief

posted: 09/27/2016 1:55 a.m. Discuss

Sources say Disney studying Twitter bid

News in brief

posted: 09/27/2016 1:54 a.m. Discuss

Halloween spending forecast to hit $8.4B

Getting it straight

posted: 09/27/2016 1:54 a.m. Discuss

Johnelle and J.B. Hunt were married Jan. 19, 1952. A story in Sunday's editions had the incorrect date.

Paid streams fuel rebound at music firms

posted: 09/26/2016 2:19 a.m. Discuss

After almost two decades of relentless decline caused by piracy and falling prices, the music business is enjoying a fragile recovery thanks to the growth of paid streaming services such as Spotify Ltd. and Apple Music.

Deere making tractors smarter

updated: 09/26/2016 2:18 a.m. Discuss

Deere & Co. would like to sell farmers all the equipment needed to make their older tractors smart.

UPS tests drones for remote delivery

posted: 09/26/2016 2:18 a.m. Discuss

MARBLEHEAD, Mass. -- One of the world's largest package-delivery companies is stepping up efforts to integrate drones into its system.

Microsoft AI project created to customize cancer treatments

posted: 09/26/2016 2:17 a.m. Discuss

There are hundreds of new cancer drugs in development and new research published minute to minute, helping doctors treat patients with personalized combinations that target the specific building blocks of their disease. The problem is that there's too much to read and too many drug combinations for doctors to choose the best option every time.

ON COMPUTERS: Google Now, other free apps add value to inexpensive smartphone

posted: 09/26/2016 2:15 a.m. Discuss

We told you two weeks ago about the $21 smartphone we bought for our 97-year-old friend, Ida. It was not only economical, but it’s been fun and instructive.

China firm stakes future on solar

updated: 09/26/2016 2:13 a.m. Discuss

As China adds record amounts of renewable energy, a solar farm under construction in the Ningxia region of the country's northwest takes efforts to a new level.

Austrian brothers' strategy for electric vehicles takes off

posted: 09/26/2016 2:12 a.m. Discuss

Auto executives are traveling to a remote Austrian town where three brothers are designing electric cars they say can go faster and farther than anything made by Tesla Motors Inc.

Drugmakers racing each other on treatment for liver disease

posted: 09/26/2016 2:11 a.m. Discuss

It's been called a "silent epidemic" that's slowly wasting away the livers of millions of Americans while doctors have a paltry understanding of the disease and no approved treatments.

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