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  • Russia's Severstal selling US plants for $2.3B Monday, 21 Jul 2014 | 6:42 AM ET

    NEW YORK— Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Steel Dynamics Inc. said Monday that it will pay about $1.63 billion for Severstal Columbus, which is located in northeast Mississippi.

  • Ranking US states by job creation in past 5 years Friday, 18 Jul 2014 | 11:06 AM ET

    WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.

  • Indiana jobless rate up slightly to 5.9 percent Friday, 18 Jul 2014 | 10:58 AM ET

    Figures released Friday by the state Department of Workforce Development show Indiana's jobless mark went up by two-tenths of a percentage point from May. The last time Indiana recorded rise in the unemployment rate was when it went up slightly to 8.2 percent in September 2012.

  • DELPHI CEO SAYS THE SWITCH IT MADE FOR GM WAS PART OF A LARGER PART SUBSYSTEM.

  • Novartis cites momentum in 3 percent profit rise Thursday, 17 Jul 2014 | 2:07 AM ET

    GENEVA— Swiss pharmaceutical company Novartis AG posted a 3 percent rise in second-quarter profits Thursday, reflecting what it described as solid growth and an increased focus on core products.

  • WASHINGTON, July 16- President Barack Obama imposed the biggest package of U.S. economic sanctions yet on Russia on Wednesday, hitting Russia's largest oil producer Rosneft and other energy, financial and defense firms, with what he called significant but targeted penalties.

  • Fewer gas leaks found in cities with new pipes Wednesday, 16 Jul 2014 | 5:18 PM ET

    WASHINGTON— Cities such as Indianapolis that regularly replace old natural gas lines have significantly fewer leaks than older urban areas where they don't, like Boston and New York City's Staten Island, according to a new study by Google and an environmental group. Boston and Staten Island averaged one leak per each mile mapped.

  • Indiana has $2 billion cash reserve amid austerity Wednesday, 16 Jul 2014 | 4:47 PM ET

    Indiana closed out its last budget with more than $2 billion in reserves and an annual budget surplus of $100 million. Advocates who say the stockpile should be released from state coffers cried foul on hearing that Indiana was able to find so much money to put in savings.

  • Google's Street View takes on America's gas leaks Wednesday, 16 Jul 2014 | 2:34 PM ET

    NEW YORK, July 16- Google Inc's Street View cars have captured the world's roads, highways and back alleys for years. Google cars fit with air monitors have taken millions of readings along the streets of Boston, New York and Indianapolis over the past two years as part of a program run by the non-profit Environmental Defense Fund to help reduce methane emissions.

  • Rejected Fox bid for Time Warner shows growth mood Wednesday, 16 Jul 2014 | 9:06 AM ET

    NEW YORK— In a move that aims to counter consolidation among TV distributors, Rupert Murdoch's Fox has made an unsolicited takeover offer for rival media giant Time Warner for about $76 billion in cash and stock.

  • Solar panel array to help heat, power Ohio prison Wednesday, 16 Jul 2014 | 12:19 AM ET

    CHILLICOTHE, Ohio— The state on Wednesday unveiled a large solar panel project at a southern Ohio prison it says will save taxpayers $245,000 in annual energy costs, reduce greenhouse emissions and help train inmates involved in the project as a route to future jobs.

  • Convenience stores keep up fight to sell cold beer Tuesday, 15 Jul 2014 | 12:20 PM ET

    INDIANAPOLIS— Convenience stores in Indiana are keeping up their fight to be able to sell cold beer, as a trade group said Tuesday it was appealing a judge's decision upholding the state law that prohibits them from selling the beverages chilled.

  • NEW YORK, July 14- Federal prosecutors are developing a criminal fraud case hinged on whether General Motors made misleading statements about a deadly ignition switch flaw, and are examining activity dating back a decade, before GM's 2009 bankruptcy, according to multiple sources familiar with the investigation.

  • Drive-ins use creativity to afford digital switch Saturday, 12 Jul 2014 | 9:40 AM ET

    SACO, Maine— Many in the movie industry feared the need to convert to digital could be the death knell for drive-ins, but drive-in operators are finding creative ways to afford the switch. Ry Russell, general manager of Saco Drive-In, launched a social-media campaign to win an $80,000 digital projection system in a contest sponsored by Honda.

  • Agriculture industry seeks to create right to farm Thursday, 10 Jul 2014 | 1:59 PM ET

    JEFFERSON CITY, Mo.— In the nation's agricultural heartland, farming is more than a multibillion-dollar industry that feeds the world. "A couple of years from now, we might say this was the beginning of the trend," said Rusty Rumley, a senior staff attorney at the National Agricultural Law Center in Fayetteville, Arkansas.

  • UK PM CAMERON'S EX-MEDIA CHIEF ANDY COULSON SENTENCED TO 18 MONTHS IN JAIL OVER PHONE-HACKING AT MURDOCH TABLOID.

  • DETROIT, July 1- One worker was killed on Tuesday and eight others hurt in a chemical explosion at a General Motors Co auto stamping plant in Marion, Indiana, the company said. Four injured workers were being treated for non-life-threatening injuries at Marion General Hospital.

  • July 1- Buyout firm Berkshire Partners LLC is in advanced talks to acquire Portillo's Restaurant Group, the largest privately owned restaurant chain in the U.S. Berkshire Partners has outbid other private equity firms for the Chicago- based restaurant group, the sources said on Tuesday.

  • WASHINGTON- The U.S. Supreme Court dealt unions a setback Monday by ruling that state-paid, in-home care workers in Illinois cannot be compelled to pay union dues, but stopped short of blocking organized labor from collecting such fees from other public employees.

  • RPT-After 125 years, Alcoa looks beyond aluminum Friday, 27 Jun 2014 | 7:01 AM ET

    June 26- Alcoa Inc, the company that helped create the aluminum industry more than a century ago, is reinventing itself as a manufacturer of specialized components for aerospace and automotive customers, including some that contain no aluminum at all.