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Archive: (17 Stories)

Mercedes, Audi enjoy record sales in 2013

01/10/2014 6:19am
German luxury car makers Mercedes-Benz and Audi enjoyed record sales last year, boosted by rising demand in the United States and China.

Philip Morris Int'l building plants in Italy

01/10/2014 7:31am
Overseas Marlboro maker Philip Morris International Inc. said Friday it is investing up to 500 million euros (about $680 million) for two plants in Italy to make new tobacco products.

Obama picks ex-Bank of Israel head as No. 2 at Fed

01/10/2014 2:05pm
President Barack Obama took a step Friday toward reshaping the Federal Reserve under incoming chairman Janet Yellen, choosing a leading expert on the global economy to be her vice chairman.

Report: Growers planted fewer winter wheat acres

01/10/2014 2:10pm
The first acreage estimate of the growing season shows U.S. farmers planted fewer acres of winter wheat for harvest this year, according to a report from the National Agricultural Statistics Service released Friday.

4 questions to ask before next overhaul deadline

01/10/2014 2:13pm
More than 2 million Americans met the health care overhaul's deadline last month to sign up for insurance coverage that started Jan. 1. But the enrollment window hasn't slammed shut on the millions more who still need protection in the new year.

Insider trading trial of ex-SAC trader opens in NY

01/10/2014 2:15pm
A former SAC Capital Advisors portfolio manager got inside information about an Alzheimer's drug trial and made a pivotal phone call to his billionaire boss a day before the hedge fund began dumping more than $700 million in pharmaceutical stocks, a prosecutor told a jury Friday in opening statements at the trader's criminal trial.

South Dakota AG releases economic probe documents

01/10/2014 3:47pm
South Dakota Attorney General Marty Jackley said Friday that he is releasing criminal investigative and state grand jury information to the Department of Legislative Audit to assist with its examination of the Governor's Office of Economic Development.

Federal Reserve paid government $77.7B in 2013

01/10/2014 4:00pm
The Federal Reserve said Friday it paid the federal government $77.7 billion in 2013. That was down from the record set in 2012 but still far above payment levels before the Great Recession.

TSA to begin inspecting airliner repair shops

01/10/2014 4:23pm
The Transportation Security Administration is gearing up to begin inspecting airplane shops all over the world, an effort aimed at stopping potential sabotage and theft of U.S. planes.

GM recalling 370,000 pickups for fire risk

01/10/2014 4:35pm
General Motors is recalling 370,000 Chevrolet Silverado and GMC Sierra pickups from the 2014 model year to fix software that could cause the exhaust components to overheat and start a fire.

Tesla sending new adapter due to overheating worry

01/10/2014 4:43pm
Tesla Motors says it will offer Model S customers new adapters to assuage safety concerns of overheating.

Massive Target breach could have lasting effects

01/10/2014 8:32pm
Target says that personal information _ including phone numbers and email and mailing addresses _ was stolen from as many as 70 million customers in its pre-Christmas data breach. That was substantially more customers than Target had previously said were affected.

PepsiCo's first premium water to make appearance

01/10/2014 8:54pm
If you're willing to pay a little extra for trendy bottled water, there's Evian, Smartwater and Fiji. Now, PepsiCo wants to throw "Qua" into the mix.

Business owners find feds' recognition of same-sex marriage confusing

01/10/2014 10:43pm
When U.S. Attorney General Eric Holder assured same-sex couples recently married in Utah that their marriages will be recognized by the federal government, it added to the confusion for Utah businesses owners who now have to decide whether to follow state or federal law.