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Archive: (17 Stories)

Ahead of the Bell: November Auto Sales

12/03/2013 3:46am
Black Friday deals and the long Thanksgiving weekend lured buyers into U.S. automobile showrooms, and analysts say the surge should boost November sales above a strong month last year.

Nonbanks servicing student loans come under agency

12/03/2013 4:11am
The federal consumer finance watchdog is expanding its oversight to Sallie Mae and other companies that collect student loan payments.

Employers step in to prevent worker burnout

12/03/2013 4:18am
Volkswagen turns off some employees' email 30 minutes after their shifts end. Goldman Sachs is urging junior staff to take weekends off. BMW is planning new rules that will keep workers from being contacted after hours.

Portugal raises $784M from sale of postal service

12/03/2013 4:46am
The Portuguese government is getting more than 578 million euros ($784 million) from the privatization of a 70 percent stake in national mail company CTT - Correios de Portugal.

Xencor trades higher after IPO prices at $70M

12/03/2013 8:32am
Shares of Xencor are rising after the biotechnology company's initial public offering raised $70 million, at the low end of its expectations.

Summary Box: Japan food seeks heritage designation

12/03/2013 9:23am
CULTURAL HONOR: Washoku, the traditional cuisine of Japan, is being considered for designation as part of the world's cultural heritage by the U.N. this week. But even as sushi and sake booms worldwide, purists say its finer points are candidates for the endangered list at home.

News Summary: Obama to tout overhaul benefits

12/03/2013 9:53am
A NEW TACK: The Obama administration is launching a two-pronged health care strategy this month aimed at avoiding enrollment snafus come January while also trying to refocus the public's attention on broader benefits of the sweeping law.

Potash Corp. to cut more than 1,000 jobs

12/03/2013 10:11am
Potash Corp. is cutting more than 1,000 jobs, about 18 percent of its workforce, because of slumping demand for potash and phosphate, two key fertilizer ingredients.

Wichita approves $40M in bonds for Cessna

12/03/2013 10:19am
The Wichita City Council has approved about $40 million in industrial revenue bonds for Cessna.

Chick-fil-A working to remove dyes, corn syrup

12/03/2013 11:45am
Chick-fil-A says it's removing high-fructose corn syrup from its white buns and artificial dyes from its sauces and dressings as part of a push to improve its ingredients.

RV industry shows more signs of recovery

12/03/2013 12:43pm
RV manufacturers expect to pass another milestone in their steady recovery from the recession that landed the industry in a deep ditch.

UnitedHealth details expected 2014 overhaul hits

12/03/2013 2:54pm
UnitedHealth Group is the latest company to detail the hit its business will absorb from the health care overhaul.

Sale of Frontier Airlines closes

12/03/2013 3:10pm
The sale of Frontier Airlines to a company that plans to turn it into an ultra-low-cost airline is a done deal.

AUTO SALES LIVE: Industry momentum rolls on

12/03/2013 3:59pm
The holiday weekend and an ongoing shift from cars to small SUVs boosted the auto industry in November.

Investors cool on biotech IPOs as shares fall

12/03/2013 4:15pm
Biotech IPOs have gone from hot to cold.

Cyber Monday draws $1.74B billion holiday dollars

12/03/2013 4:46pm
Cyber Monday is still on top.