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  • Expect long lines for iPhone this week

    Hoping to snag a new iPhone Friday? Get ready to either stand in a long line, or wait until late September or early October. Pre-orders for the new Apple iPhone 6 and larger iPhone 6 Plus began Friday and many outlets sold out quickly. The …Read More

  • UAW says tentative agreement reached with Lear

    The president of a United Auto Workers local in northwest Indiana says a tentative agreement has been reached to settle a strike at Lear Corp. plant that makes automotive seats. UAW Local President Jaime Luna says details of a tentative agreement reached Sunday would be …Read More

  • The Sitdown: Emilia DiMenco, CEO, Women’s Business Development Center

    Emilia DiMenco, president and CEO of the Women’s Business Development Center in Chicago, reflects on changes implemented this past year to help women-owned businesses, shares strategies and priorities and discusses the important role women entrepreneurs will continue to play in the economy.

  • Olive Garden investor: Back off the breadsticks

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    Maybe there is such a thing as too many breadsticks. In a nearly 300-page treatise on what’s wrong with Olive Garden and its management, investor Starboard Value suggests the Italian restaurant chain is being reckless with its unlimited breadsticks. The hedge fund notes the chain’s …

    Toyota recalls 130K pickups to fix air bag problem

    Toyota is recalling about 130,000 Tundra full-size pickup trucks because a plastic trim piece can interfere with the side air bags.

    Eastman Chemical buying Taminco for about $1.73B

    Eastman Chemical Co. is buying specialty chemical company Taminco for about $1.73 billion to strengthen its presence in markets such as food, feed and agriculture.

    Stocks end mixed; health care stocks slump

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    A sluggish September continued for U.S. stocks as investors assessed the outlook for interest rates, the latest sanctions against Russia and volatile energy prices. Stocks ended the day mixed Thursday after gains for utilities stocks largely offset a slump in health care companies.

    Applications for unemployment benefits rise to 315,000

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    The Labor Department says weekly applications for unemployment aid rose 11,000 to a seasonally adjusted 315,000, the most since late June.

    China fines Audi, Chrysler on monopoly charges

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    China on Thursday announced it will fine Audi $40.5 million and Chrysler $5.2 million in a sweeping anti-monopoly probe of the auto industry that has prompted complaints foreign businesses are being treated unfairly.

    China’s auto sales slow in August

    China’s auto sales growth decelerated further in August to 8.5 percent while sales of SUVs surged by nearly a third.

    T-Mobile to sell phones that call, text on Wi-Fi

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    T-Mobile will sell more than 100 smartphone models with a built-in feature that taps into Wi-Fi networks to make phone calls and send texts when customers can’t connect to the wireless carrier’s cellular network.

    MasterCard loses European Union court battle over fees

    The European Union’s highest court has thrown out an appeal by MasterCard against a decision by the bloc’s antitrust authority to scrap some of its fees charged to merchants.

    Chiquita to talk with potential buyers

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    Not even a month after flatly rejecting a takeover bid by two Brazilian companies, Chiquita softened its stance and will open its books to investment firm Safra Group and Cutrale Group, a juice company. The move calls into question Chiquita’s pending merger with Irish fruit company Fyffes

    Google invests in California solar power plant

    Internet search company Google is providing $145 million in financing to help SunEdison convert a one-time oil field into a solar power plant north of Los Angeles.

    China’s premier promises more open economy

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    China’s premier promised Wednesday to open the world’s No. 2 economy wider to foreign companies, promising favorable conditions despite a wave of anti-monopoly investigations that business groups say might be aimed at limiting competition.