A Georgia grower of sweet Vidalia onions has asked a judge to shield him from possible sanctions for shipping his crop.» Read More
FARGO, North Dakota/ BANGOR, Maine, April 15- The U.S. "If you commit to keeping rates low even as the recovery is proceeding, even as we continue to recover, I think people have a sense, the Fed has the recovery's back," Minneapolis Federal Reserve Bank President Narayana Kocherlakota said at North Dakota State University.
SAN FRANCISCO— A trade group for wireless providers said Tuesday that that nation's biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft.
ATLANTA, April 15- The U.S. Federal Reserve is considering further steps to force big banks to hold more capital, and sees a case for other stability-enhancing measures for more shadowy areas of Wall Street as well, Fed Chair Janet Yellen said on Tuesday.
JACKSON, Miss.— Southern Co. says it has signed a deal with a state-owned Chinese coal and energy company to work together to develop coal technologies, based in part on the coal gasification and carbon capture technology that Southern subsidiary Mississippi Power Co. is deploying at the $5 billion Kemper County power plant.
*Rejects shareholder Vintage Capital's $2.3 bln offer. April 15- Aaron's Inc, a rent-to-own furniture and electronics retailer, rejected a $2.3 billion takeover offer from a major shareholder and instead bought a web-based retail credit financing firm for about $700 million to provide customers with easier payment terms.
REIDSVILLE, Ga.— A Georgia judge Tuesday refused to intervene in a legal battle between a prominent Vidalia onion farmer and the state's agriculture commissioner over a new regulation aimed at keeping unripe onions from reaching store shelves.
WASHINGTON— The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system.
ATLANTA— Furniture leasing company Aaron's has agreed to buy online rent-to-own finance company Progressive Finance Holdings for $700 million in cash in a bid to turn around its business even as it cut its first-quarter outlook.
Black spent the past 18 months working with farmers on a new rule that prohibits packaging Vidalia onions for shipping before the last full week of April. Any farmer who ships onions before the official start date next Monday faces fines of up to $5,000 per bag or box, and could be banned from selling onions under the Vidalia trademark in the future.
ATLANTA— Parents of a Georgia teenager who suffered a severe brain injury in a 2009 car crash say General Motors knew of a defect in her car but took steps to conceal it.
*Appeals court says case did not belong in New Jersey. *Diane Sawyer, Michael Bloomberg, Rahm Emanuel were victims. The 3rd U.S. Circuit Court of Appeals said the prosecution of Andrew Auernheimer did not belong in New Jersey, hundreds of miles from his alleged crimes, and as a result, his November 2012 conviction and 41- month prison sentence could not stand.
NEW YORK— At a time when interest in American civil rights memorabilia is rekindled, a lifetime's worth of Rosa Parks' belongings— among them her Presidential Medal of Freedom— sits in a New York warehouse, unseen and unsold.
In chaos following the outage on CME's electronic Globex platform, some orders sent to open-outcry grain pits went unfilled because there were not enough traders to handle the influx.
April 8- American Airlines Group on Tuesday said flight cancellations due to bad weather hurt its first-quarter results, joining other carriers that blamed the weather for a drag on business during the period.
April 8- American Airlines Group on Tuesday said flight cancellations because of bad weather hurt first-quarter results. The carrier canceled more than 34,000 flights in the first three months of this year, reducing quarterly revenue by about $115 million and operating profit by about $60 million.
Researchers at Wichita State and Embry-Riddle Aeronautical universities who conducted the study said airlines delivered their best performance in 2013 in the 23- year history of the quality rating.
April 6- An unexplained blast this week at a liquefied natural gas facility in rural Washington state, which injured workers, forced an evacuation and raised alarm about a potentially large second explosion, could focus attention on the risk of storing massive gas supplies near population centers.
WASHINGTON— Few people responded to the March jobs report with high-fives and cheers. But there may be reasons to applaud in the months ahead. Hiring in March was close to the economic recovery's steady but hardly explosive monthly average of the past two years: 192,000 added jobs.
SAN JOSE, California— The resignation of Mozilla's CEO amid outrage that he supported an anti-gay marriage campaign is prompting concerns about how Silicon Valley's strongly liberal culture might quash the very openness that is at the region's foundation. Mozilla co-founder Brendan Eich stepped down Thursday as CEO, just days after his appointment.
ATLANTA— Beazer Homes USA Inc. said Thursday that completed home sales and new orders fell sharply in the first three months of the year. The Atlanta- based homebuilder, which builds homes in 16 states, attributed the weak sales trends to severe winter weather and a 6 percent decline in how many areas, or communities, it was selling homes.