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2 hours ago

GM profit 2Q falls 85 pct. on recall costs

DETROIT (AP) — Recall expenses chopped $1.5 billion from General Motors’ bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes….

KDWN

2 hours ago

Dunkin’ pushing cashiers to ‘upsell’ in afternoons

NEW YORK (AP) — If an iced coffee from Dunkin’ Donuts is part of your afternoon routine, expect a nudge to buy a cookie or doughnut you didn’t plan on….

KDWN

2 hours ago

Wal-Mart names new CEO of US discount division

NEW YORK (AP) — Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it’s losing confidence that its largest business unit will rebound after more than a year of disappointing results….

KDWN

2 hours ago

US airlines to resume flights to Israel

NEW YORK (AP) — All three U.S. airlines serving Israel will resume flights there Thursday, following a two-day hiatus caused by combat in the Gaza Strip….

KDWN

2 hours ago

Morgan Stanley paying $275M to settle SEC charges

WASHINGTON (AP) — Morgan Stanley has agreed to pay $275 million to settle U.S. civil charges that it misled investors about risky mortgage bonds it sold ahead of the 2008 financial crisis….

KDWN

3 hours ago

Ford 2Q net profit up 6 percent to $1.3 billion

DEARBORN, Mich. (AP) — Ford Motor Co. beat Wall Street’s expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years….

KDWN

3 hours ago

Wal-Mart names new CEO of US discount division

NEW YORK (AP) — Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it’s losing confidence that its largest business unit will rebound after more than a year of disappointing results….

KDWN

3 hours ago

GM profit 2Q falls 85 pct. on recall costs

DETROIT (AP) — Recall expenses chopped $1.5 billion from General Motors’ bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes….

KDWN

3 hours ago

Dunkin’ pushing cashiers to ‘upsell’ in afternoons

NEW YORK (AP) — If an iced coffee from Dunkin’ Donuts is part of your afternoon routine, expect a nudge to buy a cookie or doughnut you didn’t plan on….

KDWN

3 hours ago

IMF cuts US and global growth forecasts for 2014

WASHINGTON (AP) — The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies….