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Business News

  • Soybeans bounce off lowest prices since 2010

    Wednesday, Jul 23, 2:30 pm
    Soybean futures rose Wednesday as forecasts for dry weather pulled prices up from their lows for the year.Soybeans rose 19 cents to settle at $10.77 a bushel. Other crop futures also rose. Wheat... Read more...
  • Fair Trade brings big sales and a clear conscience

    Wednesday, Jul 23, 2:25 pm
    NEW YORK (AP) -- Brooklyn Roasting Co. has a booming business based on helping people thousands of miles away.Ninety percent of the coffee the New York-based company sells is Fair Trade -- certified... Read more...
  • Social Security spent $300M on 'IT boondoggle'

    Wednesday, Jul 23, 1:54 pm
    WASHINGTON (AP) -- Six years ago the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims. Nearly $300... Read more...
  • Facebook 2Q profit more than doubles

    Wednesday, Jul 23, 1:49 pm
    MENLO PARK, Calif. (AP) -- Facebook Inc. (FB) on Wednesday reported profit that more than doubled in its second quarter, and topped analysts' expectations.The Menlo Park, California-based company... Read more...
  • Details of 6 GM recalls announced Wednesday

    Wednesday, Jul 23, 1:24 pm
    General Motors announced six more recalls Wednesday, bringing its total so far this year to 60, affecting nearly 30 million vehicles.Wednesday's recalls total nearly 823,000 cars, trucks and... Read more...
  • 5 tips for selling your home for the best price

    Wednesday, Jul 23, 1:06 pm
    LOS ANGELES (AP) -- The rebound in U.S. home values over the past couple of years has placed many homeowners in a better position to sell their home for a profit.Still, getting a home sold can... Read more...
  • Figures on government spending and debt

    Wednesday, Jul 23, 1:06 pm
    WASHINGTON (AP) -- Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. Copyright © The Associated Press.... Read more...
  • Senate agrees on $11B highway funding measure

    Wednesday, Jul 23, 11:36 am
    WASHINGTON (AP) -- The Senate agreed Wednesday on an $11 billion measure to temporarily fix a multibillion-dollar shortfall in federal highway and transit programs, setting up a vote next week on several... Read more...
  • Delta 2Q profit rises 17 percent

    Wednesday, Jul 23, 10:42 am
    ATLANTA (AP) -- Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending... Read more...
  • Get paid for posts? Social networking's new twist

    Wednesday, Jul 23, 9:48 am
    SAN FRANCISCO (AP) -- Facebook and most other social networks are built on the premise that just about everything should be shared --except the money those posts produce.At least two services... Read more...
  • Retail trade group reduces annual sales forecast

    Wednesday, Jul 23, 9:24 am
    NEW YORK (AP) -- The nation's largest retail trade group has pared its annual sales forecast because of slower-than-expected growth during the first half of the year tied to winter storms and lingering... Read more...
  • Senate panel backs McDonald for VA secretary

    Wednesday, Jul 23, 9:06 am
    WASHINGTON (AP) -- The Senate Veterans Affairs Committee on Wednesday endorsed former Procter & Gamble CEO Robert McDonald to be the new secretary of Veterans Affairs.The panel's unanimously... Read more...
  • Agents get subsidized 'Obamacare' using fake IDs

    Wednesday, Jul 23, 8:42 am
    WASHINGTON (AP) -- Undercover investigators using fake identities were able to secure taxpayer-subsidized health insurance under President Barack Obama's health care law, congressional investigators... Read more...
  • PepsiCo raises outlook, looks to new Lay's flavors

    Wednesday, Jul 23, 8:30 am
    PURCHASE, N.Y. (AP) -- PepsiCo raised its forecast for the year on Wednesday and said its new Lay's potato chips -- including a cappuccino variety -- should help boost its profit in the months ahead.The... Read more...
  • Fortune 500 firm Sealed Air moving HQ to Charlotte

    Wednesday, Jul 23, 7:48 am
    CHARLOTTE, N.C. (AP) -- Fortune 500 packaging company Sealed Air Corp. will consolidate management operations from several states and relocate its New Jersey headquarters to the Charlotte area, where... Read more...
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