Business News

AP News - 5 mins ago

SACRAMENTO, Calif. (AP) — Employees of the bankrupt California city of Stockton could be forced to take a 60 percent pension cut if a federal judge rejects its reorganization plan, a lawyer for the city said Wednesday in a case that could clarify who g ...more

AP News - 29 mins ago

CHICAGO (AP) — Grain futures were higher Wednesday on the Chicago Board of Trade.Wheat for Dec delivery rose 1.25 cents to $4.79 a bushel; Dec corn was .50 cents higher at 3.2125 a bushel; Dec oats gained 3.25 cents to $3.3875 a bushel; while No ...more

AP News - 39 mins ago

WASHINGTON (AP) — Labor Secretary Thomas Perez is issuing a final rule raising the minimum wage for employees of federal contractors to $10.10 an hour.The action puts in force a step announced by President Barack Obama in February, and the Labor ...more

AP News - 1 hour ago

PARIS (AP) — Louis Vuitton's show caused traffic chaos early Wednesday with photographers clambering to get the must-have shot of guests Jennifer Connelly, Selena Gomez, Sofia Coppola and Michelle Williams.Designer Nicolas Ghesquiere's only seco ...more

AP News - 1 hour ago

WASHINGTON (AP) — The maker of the much-debated painkiller Zohydro is seeking approval of a harder-to-abuse version of the drug which, if approved, could replace the currently marketed version of the pill by next spring.San Diego-based Zogenix s ...more

AP News - 1 hour ago

DETROIT (AP) — General Motors says a new high-performance version of the Chevrolet Corvette can go from zero to 60 miles per hour in under three seconds.The 2015 Corvette ZO6 is the fastest car GM has ever made. The company says it can hit 60 mp ...more

AP News - 2 hours ago

IOWA CITY, Iowa (AP) — The University of Iowa is refusing to reinstate fired women's field hockey coach Tracey Griesbaum or to investigate what her supporters call a pattern of unfair treatment of female coaches, according to correspondence obtained by ...more

AP News - 2 hours ago

NEW YORK (AP) — Coke and Pepsi are squaring off again, this time with natural sweeteners.PepsiCo said Wednesday it plans to roll out a reduced-calorie version of its namesake soda made with sugar and stevia, a natural sweetener. Pepsi True will ...more

AP News - 2 hours ago

NEW YORK (AP) — People are quitting their jobs at a faster clip and that's pushing small business owners to work harder to hold onto top talent.Dance studio owner Andrea Bisconti has experienced the challenge firsthand. When Kellie Love, an inst ...more

AP News - 3 hours ago

HAVANA (AP) — Cuba's central bank chief is giving new details about the elimination of a special currency, saying that the shift will require putting more pesos into circulation and issuing higher-denomination bills.Elimination of the stronger c ...more