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  • US factory orders posted record drop in August

    Orders to U.S. factories fell in August by the largest amount on record, but the drop was heavily weighed by an expected plunge in volatile aircraft orders.

  • Falling oil prices drag US stock market lower

    U.S. stocks fell for a fourth straight day Thursday, adding to big losses the day before, as energy companies dragged down the broader market. Investors also worked through a report that showed fewer Americans applied for unemployment benefits.

  • Olive Garden sales rise slightly

    Sales at Olive Garden locations open at least a year rose slightly in fiscal September, and its parent company —Darden Restaurants Inc. — now foresees second-quarter adjusted earnings at the upper end of its prior forecast.

  • European Central Bank keeps rates on hold


    European Central Bank head Mario Draghi underlined the bank’s willingness to ramp up its stimulus efforts with large-scale bond purchases if needed — but otherwise offered no new economic help at the bank’s meeting Thursday.

    Angry Birds maker Rovio to cut jobs

    Mobile game developer Rovio Entertainment Ltd. says it plans to cut some 16 percent of its workforce amid signs that its Angry Birds game is losing some of its luster.

  • United Center plans office building that could open up arena amenities

    The United Center’s 300 employees need more office space, so a new office building may go up in the eastern portion of the stadium’s parking lot, a spokesman said Wednesday.

  • US stocks drop sharply; airlines sink

    It was a rough start to October for financial markets Wednesday, with the Dow Jones industrial average dropping more than 200 points as investors reacted to a round of negative economic news in the U.S. and abroad.

  • Truck deals help boost US auto sales in September

    Big discounts on pickup trucks kept U.S. auto sales strong in September. General Motors Co. and Chrysler Group led the industry with 19-percent sales increases over last September. Ford’s sales dropped 3 percent.

  • Tesco says UK authorities to investigate accounts

    Tesco, one of the world’s largest food retailers, says U.K. authorities are conducting a full investigation after its half-year profit was overstated by $407 million.

    General Mills plans to cut 700 to 800 jobs

    General Mills plans to cut between 700 and 800 jobs, the second time it’s trimmed its work force in a month, as the food company adjusts for a shift by U.S. consumers away from boxed or frozen meals.

    EU says Ireland grants Apple illegal tax benefits


    Ireland appears to be granting Apple illegal tax rebates that may have to be recouped, the European Union’s competition watchdog said Tuesday as it pressed on with an inquiry into the iPhone maker’s overseas tax practices.

    Walgreen posts 4Q loss on Alliance Boots charge

    Walgreen booked a $239 million loss in its fiscal fourth quarter after swallowing a huge accounting charge from its Alliance Boots acquisition, but the drugstore chain’s results still met Wall Street expectations.

  • Ford shares fall as company lowers Europe outlook

    Ford shares tumbled Monday after the automaker said it will fall short of its full-year profit goals.

  • Toyota recalls 690,000 pickups to fix rear springs

    Toyota says it is recalling 690,000 Tacoma pickup trucks because the rear leaf springs could break, puncture the gas tank and cause a fire.

  • Honeywell, Tata to make navigator for India’s army

    Honeywell International Inc. said Monday that it is partnering with Tata Power to help make navigation systems for India’s military.