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General Motors is offering free loaner cars to owners of compacts being recalled for a deadly ignition switch defect. The company also will offer a $500 cash allowance to owners who want to buy or lease a new GM vehicle.
Major U.S. stock indexes fluctuated between small gains and losses Wednesday afternoon as investors considered the possibility of slower growth in China. Lingering tensions in Ukraine also weighed on the market, which remained close to notching its third loss a row.
Oprah Winfrey’s latest book project is a collection of magazine columns by a writer she knows quite well: Oprah Winfrey. “What I Know for Sure” features the monthly essays that Winfrey has written for O, the Oprah Magazine over the past 14 years.
President Barack Obama will direct the Labor Department to strengthen overtime pay protections for millions of workers, a White House official said.
The company behind the addictive blockbuster game “Candy Crush Saga” believes it could raise nearly $613 million in an initial public offering.
The global airlines industry still expects a record profit for 2014, just not quite as high as previously forecast due to the impact of rising jet fuel prices, officials said Wednesday. International political challenges are adding to the uncertainty too.
AM General has restarted the production of specially designed vans for the disabled at a northern Indiana factory where it has recalled 200 laid-off workers.
Stocks closed lower Tuesday as a thin slate of economic news and corporate results left investors unwilling to drive up a market that hit three record highs last week. Teen retailers American Eagle and Urban Outfitters sank after releasing results and projections that disappointed investors.
A congressional committee is investigating the way General Motors and a federal safety agency handled a deadly ignition switch problem in compact cars.
Turkish Prime Minister Recep Tayyip Erdogan has backtracked on a threat to shut down Facebook and YouTube in Turkey.
Utility Central Maine Power Co. wants customers who generate some of their own electricity from renewable sources to pay higher monthly service charges, an idea being resisted by renewable energy advocates.
Dick’s Sporting Goods Inc. said Tuesday that its fourth-quarter net income rose 7 percent benefiting from strong sales during the critical holiday selling period. Its revenue rose 8 percent, topping analysts’ expectations.
America’s plan to use more natural gas to run power plants, make chemicals, drive vehicles and heat homes may not go as smoothly as expected.
U.S. stocks closed slightly lower Monday after disappointing economic news from China and Japan.
McDonald’s is fighting to hold onto customers in the U.S. — and all that snow didn’t help. The world’s biggest hamburger chain said Monday that sales fell 1.4 percent at established U.S. locations. It blamed the harsh winter weather, but conceded that “challenging industry dynamics” also played a role