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  • NHTSA probes air bag software on older Chevrolet Impalas Saturday, 26 Jul 2014 | 11:23 AM ET

    DETROIT, July 26- U.S. safety regulators are investigating the potential for air bags to fail because of software issues in older Chevrolet Impala sedans made by General Motors Co, after receiving a consumer complaint about an alleged incident in Texas.

  • FedEx charges raise online pharmacy issues Saturday, 26 Jul 2014 | 10:42 AM ET

    SAN FRANCISCO— FedEx Corp., the latest company accused in a federal probe involving illegal online pharmacies, says it will fight the charges that it knowingly shipped drugs to people who lack valid prescriptions.

  • Science on the job: Teachers learn from tech firms Saturday, 26 Jul 2014 | 10:34 AM ET

    As American education focuses on closing the gap between the classroom and employers' needs, programs in North Carolina, California and elsewhere are putting teachers temporarily in the workplace. He is wrapping up a five-week stint in the research and development labs of a Danish company in Franklinton, about 30 miles north of Raleigh.

  • In Chinese shadow, Hong Kong fights for its future Saturday, 26 Jul 2014 | 1:51 AM ET

    HONG KONG— As skyscrapers around Hong Kong harbor erupted into a reverie of laser beams and giant digital displays during their synchronized nightly light show, one innocuous 28- story building near the water's edge had stayed dark for months, clad in bamboo scaffolding for a face-lift.

  • UPS driver charged with stealing dozens of guns Friday, 25 Jul 2014 | 6:34 PM ET

    Curtis Hays, 36, of Rancho Cucamonga, was taken into custody on a federal indictment filed Wednesday in federal court in Riverside. In 2012, the delivery driver allegedly stole packages containing 72 weapons at the UPS shipping hub in Ontario, east of Los Angeles, according to the indictment.

  • Business Highlights Friday, 25 Jul 2014 | 6:15 PM ET

    A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. That helped the market overcome its latest dip, on July 17th, when a passenger jet was shot down in eastern Ukraine and Israel invaded the Gaza Strip, raising investor worries that conflicts around the world could escalate and destabilize financial markets.

  • California state senator facing additional charge Friday, 25 Jul 2014 | 5:34 PM ET

    SAN FRANCISCO— A federal grand jury on Friday charged a California state senator with more felonies in addition to the eight counts he already faced in a sweeping organized crime and public corruption case centered in San Francisco's Chinatown. A new indictment unsealed in San Francisco federal court charged Sen.

  • House and Senate chairs resume talks on VA Friday, 25 Jul 2014 | 4:12 PM ET

    Jeff Miller, R- Fla., chairman of the House veterans panel, and his Senate counterpart, Sen. He traveled to Philadelphia for a conference and was also planning to go home to Vermont. The House and Senate are set to adjourn next week until early September, and lawmakers from both parties have said completing a bill on veterans' health care is a top priority.

  • *Facebook says SEC recommends no enforcement action. In its quarterly report filed on Thursday, Facebook said the regulator in May "notified us that it had terminated its inquiry and that no enforcement action had been recommended by the SEC."

  • *30- year rises over 1 point; 10- year yields below 2.5 percent. NEW YORK, July 25- U.S. "We saw some flattening as a function of upcoming supply," said Kim Rupert, managing director at Action Economics in San Francisco.

  • Detroit revs up for approval of bankruptcy plan Friday, 25 Jul 2014 | 2:56 PM ET

    July 25- Detroit could be on the fast track to complete the final, crucial phase of its historic bankruptcy case, as settlements with key creditors line up and city workers and retirees demonstrate overwhelming support for cost-saving retirement benefit changes.

  • Comic-Con gets first look at 'Mockingjay' trailer Friday, 25 Jul 2014 | 2:47 PM ET

    Fans gathered Friday at the Capitol Gallery in downtown San Diego, where holographic versions of victors Peeta Meelark and Johanna Reyes offered visitors a silent welcome before the minute-long teaser trailer was shown.

  • HOUSTON, July 25- Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country's largest, the first major refining investment of the U.S. shale oil boom, people with knowledge of the deliberations said.

  • US rig count up 12 to 1,883 Friday, 25 Jul 2014 | 1:49 PM ET

    Of the major oil- and gas-producing states, North Dakota and Louisiana gained six each, Ohio and Oklahoma were up two apiece and Colorado one. Texas lost 10 rigs, Alaska was off four, California and New Mexico were down two each and Kansas and Pennsylvania each dropped one. Arkansas, Utah, West Virginia and Wyoming were unchanged.

  • US opens probe of Impala air bag performance Friday, 25 Jul 2014 | 1:35 PM ET

    DETROIT— The U.S. government's highway safety agency has opened a formal investigation into air bag failures in some Chevrolet Impala full-size cars made by General Motors.

  • IPO Roundup: El Pollo Loco soars in debut Friday, 25 Jul 2014 | 1:10 PM ET

    NEW YORK— Wall Street is still hungry for fast-casual restaurant chains. Others, including Zoe's Kitchen Inc., Potbelly Corp. and Noodles& Co., also climbed in their initial public offerings.

  • Brian Zwerner, a former manager of Bank of America's municipal derivatives desk, was sentenced to spend three years on probation and pay a $10,000 fine by U.S. According to court papers he has also agreed to pay Bank of America $890,000 and settle related U.S. Securities and Exchange Commission civil charges.

  • Lyft says it's starting New York City service Friday, 25 Jul 2014 | 12:40 PM ET

    ALBANY, N.Y.— The on-demand ride-sharing app Lyft planned to start limited service in New York City on Friday night after reaching agreement with officials to resolve regulatory issues that prompted a lawsuit by the state.

  • *Shares open at $19, above IPO price of $15. Shares of Zoe's Kitchen Inc, a Mediterranean-style chain, have nearly doubled since their debut in April on the back of strong demand for healthier food, a trend that has also boosted Chipotle Mexican Grill Inc's stock.

  • *Shares open at $19, above IPO price of $15. July 25- Shares of El Pollo Loco Holdings Inc rose as much as 32 percent in their market debut as investors tucked into the offering, betting on the growing popularity of the restaurant chain's fire-grilled chicken.