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  • WASHINGTON, April 17- General Motors says that cars being recalled because of faulty ignition switches can be driven safely before repairs, based on more than 80 tests, but the automaker has not addressed a problem long known to potentially shut off the engine: a simple bump from a driver's knee.

  • Vintage Capital withdraws $2.2B offer for Aaron's Thursday, 17 Apr 2014 | 12:02 PM ET

    NEW YORK— Vintage Capital Management said Thursday it is withdrawing its offer to buy retailer Aaron's, citing the company's continued struggles and its decision to buy lease-to-own furniture seller Progressive Finance.

  • Shares of Travelocity owner Sabre rise after IPO Thursday, 17 Apr 2014 | 10:38 AM ET

    DALLAS— Shares of Sabre Corp. ended higher Thursday, but the provider of technology services to the travel industry raised less money than it had projected in its initial public offering. Private-equity owners TPG and Silver Lake will keep about 80 percent of the company, which the IPO valued at around $4 billion.

  • How states fared on unemployment benefit claims Thursday, 17 Apr 2014 | 9:37 AM ET

    WASHINGTON— Applications for U.S. unemployment benefits increased slightly last week to a seasonally adjusted 304,000. The four-week average for claims dipped to its lowest level since October 2007, two months before the Great Recession began. California: Down 13,982, due to fewer layoffs in services. Iowa: Down 1,266, due to fewer layoffs in manufacturing.

  • Georgia jobless rate drops to 7 percent Thursday, 17 Apr 2014 | 5:33 AM ET

    ATLANTA— State labor officials say Georgia's unemployment rate has dropped to 7 percent, the lowest rate since September 2008. The Georgia Department of Labor announced the new seasonally adjusted jobless rate on Thursday.

  • APNewsBreak: Oracle says it's not to blame Wednesday, 16 Apr 2014 | 5:26 PM ET

    In a letter to Cover Oregon's temporary leadership last week, obtained by The Associated Press, Oracle Corp. President and Chief Financial Officer Safra Catz wrote that Oracle provided "clear and repeated warnings" to Cover Oregon that the exchange website would not be ready to launch last October.

  • Energy state Dems in Senate races split from Obama Wednesday, 16 Apr 2014 | 1:45 PM ET

    CHARLESTON, W.Va.— Scrapping to keep a West Virginia Senate seat Democratic in a state that's sprinted to the right, Natalie Tennant is counting on her allegiance to the coal industry to separate herself from an unpopular President Barack Obama. Mary Landrieu is vying for a fourth term representing Louisiana; Alaska Sen.

  • 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.

  • DIARY - Top Economic Events to April 29 Tuesday, 15 Apr 2014 | 8:01 PM ET

    TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the Japan Trust Banks Association- 0615 GMT. LJUBLJANA- Slovenia Finance Minister Uros Cufer speaks at a business conference on the European and Slovenian banking sector- 0700 GMT.

  • Wireless industry makes anti-theft commitment Tuesday, 15 Apr 2014 | 6:59 PM ET

    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.

  • Southern agrees to coal research with Chinese firm Tuesday, 15 Apr 2014 | 2:47 PM ET

    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.

  • Congress is giving states the transportation blues Tuesday, 15 Apr 2014 | 1:56 PM ET

    But Congress will have to act fast. Foxx's warnings this week echo ones by President Barack Obama, who cautioned in February that unless Congress finished a bill by summer's end then "we could see construction projects stop in their tracks."

  • *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.

  • Ga. judge won't stop new Vidalia onion rule Tuesday, 15 Apr 2014 | 11:10 AM ET

    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.

  • Yellen signals more aggressive stance toward banks Tuesday, 15 Apr 2014 | 8:54 AM ET

    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.

  • Aaron's buys Progressive Finance, cuts outlook Tuesday, 15 Apr 2014 | 7:33 AM ET

    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.

  • DIARY - Top Economic Events to April 28 Monday, 14 Apr 2014 | 8:01 PM ET

    Federal Reserve chairman Ben Bernanke visits India. CANBERRA, Australia- RBA Assistant Governor Guy Debelle speaks to the Economic Society of Australia in Canberra- 0230 GMT. DUBLIN- Irish financial regulator Cyril Roux speaks at conference on' The Future of Prudential Regulation'- 0900 GMT.

  • Bitter court feud over sweet Vidalia onions Monday, 14 Apr 2014 | 9:44 AM ET

    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.

  • Ga. parents: GM knew of defect in daughter's car Saturday, 12 Apr 2014 | 4:48 PM ET

    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.

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