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Business news in brief

Subscriber onlyEurope sales will keep rising, Ford says Continue reading...

Finance heads see recovery risks

Greek default would damage global economy, Lew says

Subscriber onlyWorld finance officials said Saturday that they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and a potential Greek debt default presents the most immediate risk. Continue reading...

As dollar continues climb, many U.S. firms await its slowdown

Subscriber only The U.S. dollar hasn't been on a roll like this since Ronald Reagan sat in the White House and Raiders of the Lost Ark ruled the box office. Continue reading...

Condiment war unfolds on U.S. mustard shelves

Ketchup-maker Heinz aims to put squeeze on French’s

Subscriber onlyH.J. Heinz Co. wants to make sure it has hot dogs covered. Continue reading...

Fewer fired CEOs saves billions

Study: Ousting execs loses shareholders $1.8B on average

Subscriber onlyFor every company such as Target Corp. or Sanofi that ousted its top executive last year, there were many more like Wal-Mart Stores Inc. and Ford Motor Co. where the transition was planned, saving shareholders billions of dollars. Continue reading...

Scotts plants seed for sales at 'pot' plots

Subscriber onlyGrowing up on New York's Long Island, Jim Hagedorn would watch TV and see reports of marijuana busts. In the background, he'd sometimes spot bags of Miracle-Gro, the garden fertilizer invented by his father, Horace. Continue reading...

IRS seeks $3.2B from Texas businessman, late brother

Subscriber onlyThe Internal Revenue Service wants $3.2 billion to cover back taxes that it says are owed by a prominent Texas businessman and his late brother who the IRS says hid income by setting up overseas trust funds. Continue reading...

Agency wants auctions of TV airwaves

FCC would buy from broadcasters, sell to wireless firms, put profit in Treasury

Subscriber onlyThe pitch to television broadcasters last week was not easy for them to swallow. It is a good time, they were told, to sell their most precious resource. Continue reading...

Deltic to widen Rahling Road in LR

Subscriber onlyDeltic Timber Corp. will spend $8 million over the next year to expand Rahling Road in west Little Rock, Ray Dillon, chief executive officer of the El Dorado firm, said Friday. Continue reading...

Gas cost revs up inflation measure

Consumer index shows 0.2% gain

Subscriber onlyWASHINGTON -- Higher-priced gasoline drove consumer prices slightly higher in March, a sign that some of the effects of cheaper oil are fading and that inflation may be edging up to healthier levels. Continue reading...

2 at Fed caution on tightening

Officials worry about raising interests rate in U.S. too soon

Subscriber onlyTwo Federal Reserve officials said a recent run of weak economic data makes them wary of raising interest rates too soon, reinforcing forecasts that the Fed will wait until September to tighten. Continue reading...

GE reports solid industrial growth

Earnings up 14% in sector where company has cast its lot

Subscriber onlyGeneral Electric on Friday reported solid profit growth in the first quarter in its industrial business, where it is increasingly betting for the future. The nation's largest industrial corporation announced last week that it was selling off its finance business faster than previously planned. Continue reading...

Google fine tunes searches for mobile

Subscriber onlySAN FRANCISCO -- Google is about to change the way its influential search engine recommends websites on smartphones and tablets in a shift that's expected to sway where millions of people shop, eat and find information. Continue reading...

G-20 officials confront global economic uncertainty

Subscriber onlyWASHINGTON -- Financial officials from the world's major economies are welcoming modest improvements in the global economy while sidestepping fears rattling global financial markets that Greece will default on its bailout loans. Continue reading...

Markets dip on lull in Greek debt talks

Subscriber onlyNEW YORK -- Fear that Greece will default and abandon the euro rattled global financial markets Friday. Continue reading...