Business

Fed Vice Chair Fischer keeps open possibility of Sept. hike

Fed Rates

WASHINGTON — Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have kept...

Business

Bank executive gets 8 years for bailout fraud

In 2009, less than a year after its $300 million taxpayer-funded rescue, United Commercial Bank burned through the cash to become the first U.S. bailout-boosted...


Business

Spurred by innovation, energy storage appears poised for major

Back in May, Tesla turned heads when it announced plans for a new battery product that would allow homes and large-scale commercial operations to store energy from...


Business

Trade gap shrinks more than forecast as imports drop

WASHINGTON — The U.S. trade deficit shrank more than forecast in July as imports of mobile phones and pharmaceuticals dropped, while exports were little...


Business

Jobless claims rise more than forecast last week

WASHINGTON — Filings for unemployment benefits rose more than forecast to an eight-week high, representing a pause in a trend of more muted firings. Jobless...


Business

Old convictions, new questions as car flaws raise crash doubts

Lakisha Ward-Green spent three months in jail after she lost control of her Chevrolet Cobalt, killing her teenage passenger. Last week, a Pennsylvania judge,...




Business

Strong August sales spur GM to boost 2015 U.S. industry outlook

SOUTHFIELD, Mich. — Detroit’s three carmakers all reported surprisingly robust August sales, powered by pickups and sport utility vehicles, suggesting U....


Business

As Microsoft takes on the Feds, Apple and Amazon watch nervously

Microsoft responded to a pre-dawn fax from the FBI in January. The two terrorists who killed a dozen people at the newspaper Charlie Hebdo in Paris had Microsoft...


Business

The use of sarcasm in the workplace is no joke

“I’m actually not that funny. I’m just mean and people think I’m joking.” -Anonymous The dictionary defines sarcasm as: A mocking,...


Business

Midwest corn goes from soaked to choked

Bill Long says the 1,500 acres of corn he grows in Illinois is a mix of the good, the bad and the ugly, after soaking rains in June and July were followed by a dry...


Business

Unconvincing reasons the Fed will wait on rates

There have been several theories floating around for why the Federal Reserve won’t raise rates in September: oil at $40 a barrel means there’s no...


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Spurred by innovation, energy storage appears poised for major

Back in May, Tesla turned heads when it announced plans for a new battery product that would allow homes and large-scale commercial operations to store energy from...


Bank executive gets 8 years for bailout fraud

In 2009, less than a year after its $300 million taxpayer-funded rescue, United Commercial Bank burned through the cash to become the first U.S. bailout-boosted...