A US judge rejected a bid to compel GM to tell customers to stop driving millions of cars that have been recalled for defective ignition switches.» Read More
"Business men and women in New York know instinctively that they are taxed too much, the regulatory climate is too onerous," Perry said during a radio interview with New York Post columnist Fred Dicker on Tuesday. Cuomo over the issues that face us as a state and talk about the economic policies and compare New York to Texas, "Perry said.
LOS ANGELES, April 22- A U.S. congressman from a Los Angeles community is seeking to lure the factory that makes the bestselling Sriracha-brand hot pepper sauce to his district after residents in its current location complained about the smell.
WASHINGTON— The National Mediation Board said Tuesday that pilots at JetBlue Airways Corp. voted overwhelmingly to unionize, reversing two earlier votes. JetBlue has more than 2,500 pilots. Both the airline and the pilot's union will now organize negotiating committees, JetBlue CEO Dave Barger said.
DALLAS— The average price of an airline ticket for travel within the U.S. rose by just $1 last year, although prices are still modestly higher than they were five years ago. The U.S. Department of Transportation said Tuesday that the average domestic airfare rose to $381 in the fourth quarter of 2013, a 0.3 percent increase from a year earlier.
NEW YORK— Eminem and Outkast are headlining another music festival. The rap acts will perform at the Austin City Limits Music Festival in October in Austin, Texas. Lana Del Rey, Calvin Harris, Foster the People, Broken Bells, The Replacements, Iggy Azalea, the Avett Brothers and Zedd are also slated to perform.
WASHINGTON— With college commencement ceremonies nearing, the government is offering a modest dose of good news for graduating seniors: The job market is brightening for new grads— a bit. The Labor Department on Tuesday said the unemployment rate for 2013 college graduates— defined as those ages 20 to 29 who earned a four-year or advanced degree— was 10.9 percent.
NEW ORLEANS— The U.S. Commerce Department is investigating allegations that Mexico is exporting far more sugar than it has in the past and selling it in the U.S. at below fair market price. The Commerce Department announced its decision Friday, saying sugar imports from Mexico grew from 1.4 million metric tons in 2011 to nearly 2.1 million metric tons last year.
NEW YORK— AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could rival Netflix and Hulu. AT&T Inc. and Chernin Group said Tuesday that they have committed more than $500 million in funding toward the venture.
OSLO, April 22- Oil services firms Baker Hughes and Aker Solutions agreed on Tuesday to form an alliance for their subsea divisions in an attempt to reduce costs as their customers- oil companies around the world- cut back on spending.
BEIJING— Tesla Motors Inc. delivered its first eight electric sedans to customers in China on Tuesday and CEO Elon Musk said the company will build a nationwide network of charging stations and service centers as fast as it can. Tesla probably will invest several hundred million dollars in charging infrastructure in China, Musk told reporters.
DETROIT— General Motors Co. and a battalion of trial lawyers are preparing for an epic court fight over whether GM is liable for the sins of its corporate past.
WEST, Texas— The Texas fertilizer plant explosion that killed 15 people a year ago could have been prevented— and agencies at all levels haven't done enough to change the circumstances that led to the catastrophe, federal officials said Tuesday.
WASHINGTON— Grappling with fast-changing technology, Supreme Court justices debated Tuesday whether they can protect the copyrights of TV broadcasters to the shows they send out without strangling innovations in the use of the internet.
DALLAS— Tuesday Morning Corp. and former CEO Kathleen Mason have agreed to settle a discrimination lawsuit that accused the retailer of firing the executive because she revealed she had breast cancer. Mason's attorney, Rogge Dunn, and Tuesday Morning, each said Monday that they had amicably resolved the matter, but did not disclose terms of the settlement.
CALGARY/ VANCOUVER April 21- Six years after applying to build the Keystone XL pipeline, Canada's frustrated oil industry appears steadfast in its support of the plan even though Washington has again delayed a decision on whether to approve the politically charged project.
DALLAS— Caterpillar Inc. cut the value of its CEO's pay package by 32 percent to $12 million in 2013, a year when the heavy machinery maker saw its profits fall by a third, according to an Associated Press analysis.
NEW YORK, April 21- Netflix Inc, the video streaming service, on Monday criticized AT&T's high-speed fiber network as inadequate and slow, while renewing its call for AT&T to interconnect directly with Netflix.
Thawing out: Warmer temperatures lift US economy. WASHINGTON— Spring's thaw is reviving the economy, too. A recent batch of government and business reports show a U.S. economy emerging from winter's deep freeze.
*Eyes on Ukraine peace deal, further sanctions on Russia. NEW YORK, April 21- Brent crude oil strengthened slightly while U.S. crude futures were briefly supported by positive economic data on Monday but prices were range-bound in low volumes following Easter Sunday with no significant escalation in tensions over Ukraine.
WASHINGTON— President Barack Obama's administration on Monday sided with American steel producers in a politically charged international trade dispute, ruling that imported steel reinforcing bar from Mexico and Turkey unfairly undercuts U.S. prices.