DETROIT— A Texas lawyer has sued General Motors on behalf of 658 people injured or killed in crashes allegedly caused by faulty ignition switches. The lawsuit filed Tuesday in U.S. District Court in Manhattan names 29 people who were killed and 629 who were hurt.» Read More
The company said Tuesday that Tommy Hilfiger is doing particularly well in North America and that its planned turnaround of the Heritage Brands wholesale businesses is going better than expected. For the third quarter, PVH Corp. now anticipates adjusted earnings of $2.28 to $2.30 per share.
ATLANTA-- Acuity Brands' fiscal fourth-quarter net income fell 3 percent, pulled down by a charge and expenses related to a plant closing. The lighting maker, which sells lights under brands including Holophane, Gotham and Synergy Lighting Controls, earned $33.3 million, or 78 cents per share, for the three months ended Aug. 31.
DETROIT-- Ford Motor Co. says its U.S. sales were flat in September as increases in sales of cars and SUVs were weighed down by lower truck sales. Ford's truck sales fell 7.6 percent, largely because of the discontinuation of the Ranger small pickup. The Ranger was a strong seller last September.
THE HAGUE, Netherlands-- Smoked salmon tainted with salmonella has sickened hundreds of people in the Netherlands, authorities said, sparking major recalls there and in the U.S.
TEHRAN, Iran-- President Mahmoud Ahmadinejad blamed the steep drop in Iran's currency Tuesday to "psychological pressures" linked to Western sanctions over Tehran's nuclear program. The U.S. and its allies have imposed the punishing measures to try to persuade Iran to negotiate over its nuclear program, which the West says is aimed at developing atomic weapons.
Jim Nash is such a big Yankees fan that he named his son George Mattingly Nash, combining two of his favorite players: George Herman Ruth and Don Mattingly. Now, power up the computer and get a prize from the likes of R.A. Dickey, Cliff Lee, Andrew McCutchen and Clayton Kershaw.
NEW YORK-- Stocks climbed Tuesday on Wall Street after a measure of American home prices posted the largest gain in more than six years, the latest data to indicate an improving housing market.
JERUSALEM-- Israeli electric car company Better Place is replacing its founder and chief executive, Shai Agassi. The chief executive of Better Place's Australian business, Even Thornley, will take over. Agassi, a former top executive at German software maker SAP, will remain on Better Place's board.
GENEVA-- Opponents of Switzerland's tax agreements with Germany, Austria and Britain have failed to gather enough signatures needed to hold three popular referendums that could have defeated the deals.
NEW YORK-- Stocks are opening higher on Wall Street after a big jump in U.S. home prices made investors more confident that the housing market is recovering. CoreLogic, a private real estate data provider, said its measure of U.S. home prices rose 4.6 percent in August from the same month a year ago, the largest year-over-year increase in more than six years.
HENDERSON, Nev.-- Sometimes all President Barack Obama has to do is look out the window to get a firsthand look at the country's economic woes. This week in this town, the presidential motorcade speeds past opulent homes lining manmade Lake Las Vegas as he heads to the sprawling luxury development where he's preparing for the upcoming debates with Mitt Romney.
DENVER-- Republican presidential candidate Mitt Romney says he would honor temporary work permits for young illegal immigrants who were allowed to stay in the U.S. because of an executive order signed this summer by President Barack Obama.
LONDON-- For decades, Jimmy Savile was a fixture on British television _ an eccentric, aggressively jocular host of children's shows and a tireless charity fundraiser. "Maybe it was just the fact that Jimmy knew everybody," Esther Rantzen, a former BBC journalist and founder of the ChildLine child-protection charity, told Channel 4 news. "
BRUSSELS-- Europe's fragile banking system should be protected by building a firewall between a lender's retail operations and its more risky trading activities and forcing executives to take losses when their banks fail, according to an expert report.
AUBURN HILLS, Mich.-- Chrysler Group LLC said Tuesday that its September U.S. sales rose 12 percent, crediting strong demand for new models, low interest rates and a stable U.S. economy. BY THE NUMBERS: The Auburn Hills, Mich.- based automaker said it sold 142,041 vehicles last month, up from 127,336 in the same month a year earlier.
NEW YORK-- A doctor once lauded for her AIDS treatment work is blaming one of her dozen or so personalities for a prescription painkillers scheme that defrauded Medicaid out of hundreds of thousands of dollars. Diana Williamson was supposed to be sentenced on Monday, but U.S.
HANOVER, Md.-- The KEYW Holding Corp., which provides online security to the federal government, said Tuesday that it completed its acquisition of Poole& Associates Inc. in a cash and stock deal worth about $126 million. KEYW said it expects the acquisition to immediately boost its profits.