National Business News

RSS

Rejected auto site fishes for $72M

Cost for next try set in Tennessee

Subscriber onlyJACKSON, Tenn. -- Tennessee economic development officials want the state to pour another $72 million into a sprawling site that failed to land a new auto plant planned by a joint venture of Toyota and Mazda. Continue reading...

NAFTA talks vexing two Texans

Their border bridges reap millions from trucks crossing

Subscriber onlyRIO GRANDE CITY, Texas -- Caught quite literally in the middle of the international debate over the way the United States trades with its southern neighbor are two Texans named Sam. Continue reading...

Pot-crop rush roils California county

Subscriber onlyCOPPEROPOLIS, Calif. -- The four young men had just started their marijuana harvest in rural Northern California when a dozen sheriff's deputies swooped in with guns drawn, arrested them and spent the day chopping down 150 bushy plants with machetes. Continue reading...

Washer makers up despite trade step

Subscriber onlyShares of South Korean appliance makers rose Wednesday as investors shrugged off a recommendation by U.S. trade officials that President Donald Trump impose tariffs on foreign-made washing machines they say are undercutting domestic manufacturers. Continue reading...

Tax hit forecast for fund investors

Sizable year-end distributions due

Subscriber onlyThe end of the year can mean tax headaches for some mutual-fund investors, this year potentially more so than others. Continue reading...

Airline defendants agree to pay $95M to settle 9/11 claims

Subscriber onlyInsurers for American Airlines, United Airlines and other aviation defendants have agreed to pay $95 million to settle claims that security lapses led planes to be hijacked in the Sept. 11, 2001, attacks. Continue reading...

S.C. county to sue utility over failed nuclear project

Subscriber onlyA South Carolina county has voted to sue one of the utilities that abandoned construction on two nuclear reactors, calling the company decision a breach of contract. Continue reading...

2017 sales robust, Deere & Co. says

Subscriber onlyJohn Deere & Co. on Wednesday reported its first increase in annual sales in four years, the latest sign that the company, known for its green-and-yellow tractors, is finally climbing out of a prolonged downturn amid languishing commodity prices. It also forecast higher revenue for fiscal 2018 and bigger-than-expected earnings. The shares rose as much as 4.9 percent. Continue reading...

U.S. stocks dip from record highs

Subscriber onlyU.S. stocks mostly slipped away from their latest record highs Wednesday as the two former halves of Hewlett-Packard both tumbled, while falling interest rates helped phone companies but hurt banks. Continue reading...

Business news in brief

Subscriber onlyUber faces 3 inquiries in data breach Continue reading...

Home sales rise 2% in October

Median price jumps 5.5%, propelled by tight supply

Subscriber onlyAmericans bought more homes last month, as sales snapped back in hurricane-hit Texas and Florida. Yet the market is still suffering from a dwindling supply of available homes. Continue reading...

AT&T lawsuit seen as atypical

Often, deal is cut in antitrust cases

Subscriber onlyThe U.S. lawsuit to stop AT&T's takeover of Time Warner has sparked accusations that the Justice Department, driven by political meddling from the White House, is pursuing a risky case that it's bound to lose. Continue reading...

Ikea restarts dresser recall after death

Subscriber onlyIkea relaunched a recall of 17.3 million chests and dressers Tuesday after the death of an eighth child. Continue reading...

NAFTA round avoids big issues

Subscriber onlyThe fifth round of talks among the United States, Mexico and Canada over the North American Free Trade Agreement drew to a close Tuesday with negotiators still at odds over the pact's future. Continue reading...

3 million Dish subscribers lose CBS stations in fee dispute

Subscriber onlyNearly 3 million Dish Network subscribers in 18 cities, including Los Angeles, have lost access to their local CBS television station -- just two days before Thanksgiving, when many Americans want to watch NFL football. Continue reading...

« Previous