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Rule drafted to limit big-rig speed

Proposal in the works since 2011

Subscriber onlyThe federal government has issued a proposed rule requiring heavy-duty vehicles to be equipped with devices that would limit their speed on U.S. roadways, a measure it believes will help save lives and more than $1 billion in fuel costs each year. Continue reading...

Fed chief hedges on timing of interest-rate rise

Subscriber onlyFederal Reserve Chairman Janet Yellen said Friday that the case for raising interest rates has strengthened in light of a solid job market and an improved outlook for the U.S. economy and inflation. But she stopped short of offering a timetable for a rate change. Continue reading...

GM wins 3rd trial over bad ignition part

Subscriber onlyGeneral Motors Co.'s victory in a Houston courtroom Thursday makes the carmaker three for three in trials related to an ignition-switch defect, but its legal entanglements threaten to stretch on for years. Continue reading...

In spring, growth of GDP at 1.1%

2Q revision trims 1st estimate a tad

Subscriber onlyThe U.S. economy expanded at a sluggish 1.1 percent pace this spring as businesses sharply reduced their stockpiles of goods and spent less on new buildings and equipment. Yet most analysts forecast much faster growth in the summer and fall, fueled by healthy consumer spending. Continue reading...

VW, dealers agree to used-car buybacks

Subscriber onlyVolkswagen AG, working to settle up with dealerships after admitting its emissions-cheating scheme, will buy back its unfixable used vehicles from U.S. dealers under the same terms as those given consumers, lawyers for the 652 dealerships said in a statement Friday. Continue reading...

Bank's settlement offer stricken from record

Subscriber onlyBank of America Corp. has persuaded a judge to remove from the public record a claim by an employee that she was offered $500,000 to settle a case alleging her boss ran a "bro's club" that favored male employees. Continue reading...

Stocks mixed on prospect of rate rise

Subscriber onlyStocks ended mostly lower on Friday after Federal Reserve officials said the case has strengthened for raising interest rates above the super-low levels that have helped fuel a seven-year bull market. Continue reading...

Business news in brief

Subscriber onlyBank of Ozarks most profitable in state Little Rock-based Bank of the Ozarks was the most profitable bank in the state through the first six months of the year, according to information supplied by the Federal Reserve Bank of St. Louis. Continue reading...

Yellen suggests rate hike is coming but offers no timetable

WASHINGTON — Federal Reserve Chair Janet Yellen said Friday that the case for raising interest rates has strengthened in light of a solid job market and an improved outlook for the U.S. economy and inflation. But she stopped short of offering any timetable. Continue reading...

New rules ease state retirement plans

Subscriber onlyStates 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. Continue reading...

Some to receive EpiPen price cut

$300 savings card offered by Mylan

Subscriber onlyResponding 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. Continue reading...

Durable goods orders rise in July

4.4% increase reverses June drop; aircraft demand up 89%

Subscriber onlyWASHINGTON -- 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. Continue reading...

Traders anticipating interest rate increase

Fed chief to address meeting today

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

Auto, high-tech sectors in car clash

Which gets spectrum: Faster Wi-Fi or talking vehicles?

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

Walkable neighborhood in LA a costly amenity

Subscriber onlyLOS 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. Continue reading...

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