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
The Department of Transportation, worried about the potential for catastrophic accidents involving oil and ethanol trains that are sometimes as many as 100 cars long, is drafting new tank-car regulations aimed at making the cars less likely to spill their contents in the event of a crash.
OTTAWA, April 23- Canada will require that the use of older rail cars for carrying crude oil be phased out within three years, even though the United States has yet to make such a rule change, according to documents seen by Reuters on Wednesday.
McALLEN, Texas— The vast majority of Texas' commercial citrus groves now reside in expanded quarantine areas aimed at slowing the spread of a disease decimating citrus around the world. The state Department of Agriculture expanded the citrus greening quarantine areas in South Texas on Monday to cover Hidalgo and Cameron counties.
BANGKOK, April 23- PTT Exploration and Production Pcl, Thailand's top oil and gas explorer, has bought Hess Corp's assets in Thailand in a $1 billion deal as part of its attempt to boost its gas business, the company's CEO said on Wednesday.
NEW YORK— Dr Pepper Snapple on Wednesday reported a higher first-quarter profit that beat Wall Street expectations, as reduced costs offset weak sales growth. The company, which sells Sunkist, 7 Up, Hawaiian Punch and other drinks in North America and the Caribbean, said lower costs for ingredients and productivity improvements helped boost operating profit.
DALLAS— Delta Air Lines Inc. is making more money by filling more seats on its planes and paying a bit less for fuel. Delta shares jumped $1.72, or 4.9 percent, to $36.67 in midday trading after hitting an all-time high of $37.41 earlier in the session.
"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.