Business News

AP News - 57 mins ago

DETROIT (AP) — Hyundai is recalling more than 419,000 cars and SUVs to fix suspension, brake and oil leak problems.The biggest of three recalls posted Friday by U.S. safety regulators is of 225,000 Santa Fe SUVs from 2001-2006 to replace front c ...more

AP News - 1 hour ago

WASHINGTON (AP) — A measure of U.S. consumer confidence slipped in July although it remained at levels signaling further gains in consumer spending.The University of Michigan said Friday that its index of consumer sentiment edged down to 81.8 in ...more

AP News - 1 hour ago

TURIN, Italy (AP) — Fiat shareholders voted Friday overwhelmingly in favor of a merger with Chrysler that has been five years in the works and will shift the 115-year-old carmaker's center of gravity abroad.The approval paves the way the new com ...more

AP News - 1 hour ago

NEW YORK (AP) — Hewlett-Packard Co. has agreed to pay $32.5 million to settle allegations it overcharged the U.S. Postal Service for products over more than eight years.In the dispute, the United States alleged that HP failed to comply with pric ...more

AP News - 1 hour ago

WASHINGTON (AP) — U.S. employers extended their solid hiring into July by adding 209,000 jobs. It was the sixth straight month of job growth above 200,000, evidence that businesses are gradually shedding the caution that had marked the 5-year-old recov ...more

AP News - 1 hour ago

NEW YORK (AP) — Shares of Mobileye are soaring on the Israeli car technology company's first day of public trading amid strong investor demand.Mobileye NV makes camera-based systems designed to help reduce the risk of accidents by anticipating c ...more

AP News - 1 hour ago

CHICAGO (AP) — Grain futures were mixed Friday in early trading on the Chicago Board of Trade.Wheat for Sept delivery was up 13.75 cents to $5.44 a bushel; Dec corn was 1.75 cents lower at $3.5525 a bushel; Dec oats were 2.5 cents lower at $3.28 ...more

AP News - 2 hours ago

CINCINNATI (AP) — Procter & Gamble is about to shrink.The world's largest consumer products maker said it will shed more than half its brands around the globe over the next year or two, leaving it with about 70 to 80 of its top performers wh ...more

AP News - 2 hours ago

WASHINGTON (AP) — US manufacturing expanded for the 14th straight month in July in a good sign for the overall economy.The Institute for Supply Management, a trade group of purchasing managers, reported Friday that its manufacturing index rose t ...more

AP News - 2 hours ago

NEW YORK (AP) — Chevron Corp. earnings rose 5.6 percent in the second quarter on asset sales and higher global oil prices, though oil and gas production slipped slightly.Chevron, based in San Ramon, California, said Friday that net income increa ...more