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  • DETROIT, Aug 5- Subaru of America said it is recalling about 5,000 older model cars with passenger-side air bag inflators made by Takata Corp that may rupture and break into metal fragments that could harm passengers, the automaker and U.S. safety regulators said on Tuesday.

  • SAN ANTONIO, Aug 4- Privately owned SpaceX will submit an application to build a commercial launch facility near the Texas border city of Brownsville after winning approval for the plan from the U.S. Federal Aviation Administration, the company said on Monday.

  • WASHINGTON, Aug 4- The U.S. The U.S. Supreme Court ruled in its June decision in the case NLRB v. Noel Canning that recess appointments made by President Barack Obama to the NLRB's five-member board were invalid.

  • Berkshire profit soars 41% to a record Friday, 1 Aug 2014 | 6:54 PM ET
    Warren Buffett

    Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 percent to a record high.

  • Aug 1- Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 percent, reflecting a substantial increase in investment gains and improved results in manufacturing, service and retail businesses. Net income rose to $6.4 billion, or $3,889 per Class A share, from $4.54 billion, or $2,763 per share, a year earlier.

  • NEW YORK, Aug 1- The International Swaps and Derivatives Association on Friday declared Argentina in default, which could trigger payments worth up to USD1bn on credit default swaps.

  • NEW YORK, Aug 1- U.S. stocks were little changed on Friday, paring big losses that had been indicated by trading before the market opened, as a weak July jobs report allayed concerns the Federal Reserve might raise interest rates sooner than many had expected.

  • NEW YORK, Aug 1- U.S. stock index futures pointed to a slightly lower open on Friday as a weak July jobs report allayed concerns that the Federal Reserve would raise interest rates sooner than many had expected. *On Thursday, Wall Street suffered its biggest one-day decline in months as data sparked worries the U.S.

  • *Nonfarm payrolls increased 209,000 last month after surging by 298,000 in June, the Labor Department said on Friday. *Average hourly earnings, which are being closely monitored as a potential signal of reduced slack that could prompt the Fed to raise rates, rose only one cent. COMMENTS: MARK GRANT, MANAGING DIRECTOR, SOUTHWEST SECURITIES, FORT LAUDERDALE, FLORIDA:.

  • Private prison companies Geo Group and competitor Corrections Corporation of America, for example, stand to gain if Congress approves any emergency funding for family detention facilities.

  • BUENOS AIRES, July 31- Argentina's bond and stock markets and peso currency dropped on Thursday after Latin America's No. 3 economy defaulted for the second time in 12 years after the failure of last-ditch talks with holdout creditors.

  • July 31- Burger King Worldwide Inc said on Thursday it would no longer buy products from OSI Group LLC suppliers in China, where the fast-food hamburger chain has about 200 restaurants.

  • TAMPA, Fla., July 31- Southwest Airlines and SeaWorld said on Thursday they are ending a longtime marketing partnership, as the airline faces pressure from animal rights groups critical of the marine life conditions at its popular tourist attractions.

  • BUENOS AIRES, July 31- Argentina's main government bond, stock market and peso currency dropped on Thursday after Latin America's No. 3 economy defaulted for the second time in 12 years following the failure of last-ditch talks with holdout creditors.

  • BUENOS AIRES, July 31- Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, as focus turned to whether big banks and funds would request the declaration of a "credit event".

  • BUENOS AIRES, July 31- Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, though debt insurance prices on Thursday suggested investors believed a deal could eventually be reached.

  • BUENOS AIRES, July 31- Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, though debt insurance prices on Thursday suggested investors believed a deal could eventually be reached.

  • BUENOS AIRES, July 31- Argentina defaulted for the second time in 12 years after hopes for a midnight deal with holdout creditors were dashed, setting up stock and bond prices for declines on Thursday and raising chances a recession could worsen this year.

  • *Settlement talks in New York end without agreement. *Pollack says Argentina default' imminent'. BUENOS AIRES/ NEW YORK, July 30- Argentina will default on its debt within hours after talks with holdout creditors broke down on Wednesday.

  • NEW YORK, July 30- Two principals of now-defunct SK Madison Commodities LLC have been criminally charged with fraudulently soliciting more than $1.3 million from investors for their Manhattan- based commodities pool, and pocketing $700,000 for themselves.