Chicago Sun-Times

BMW recalls 176,000 vehicles over power brake

Tue, 01 Oct 2013 09:56:00 -0500

German carmaker BMW is recalling 176,000 vehicles from the model years 2012 to 2014 over a problem with the power brake system.

Stocks edge higher as government shutdown begins

Tue, 01 Oct 2013 09:39:26 -0500

Investors stayed calm on the first day of a partial government shutdown Tuesday. Markets were modestly higher in morning trading.

Walgreen fiscal 4Q profit soars 86%

Tue, 01 Oct 2013 07:24:00 -0500

Walgreen says its fiscal fourth-quarter earnings soared 86 percent, as the nation’s largest drugstore chain booked gains from inventory accounting and its acquisition of a stake in European health and beauty retailer Alliance Boots.

Neiman Marcus offering free shipping, returns

Tue, 01 Oct 2013 07:20:00 -0500

Luxury retailer Neiman Marcus is offering free standard shipping and returns permanently for all domestic purchases made on its websites or at its Bergdorf Goodman and namesake stores.

Republic Airways selling Frontier for $36 million

Tue, 01 Oct 2013 07:20:00 -0500

Republic Airways has agreed to sell Frontier Airlines to an investment firm led by former Spirit Airlines Chairman William Franke for $36 million.

Ford’s US sales rose 6% in September

Tue, 01 Oct 2013 09:52:39 -0500

Ford’s U.S. sales rose 6 percent in September, with strong car sales making up for slower sales of SUVs.

Cooper Tire shareholders OK $2.2B buyout

Mon, 30 Sep 2013 13:00:00 -0500

Cooper Tire & Rubber shareholders have approved its $2.2 billion acquisition by India’s Apollo Tyres Ltd.

FDA OKs first pre-surgical breast cancer drug

Mon, 30 Sep 2013 12:24:00 -0500

A biotech drug from Roche has become the first medicine approved to treat breast cancer before surgery, offering an earlier approach against one of the deadliest forms of the disease.

Delta picks Microsoft for pilot tablets

Mon, 30 Sep 2013 12:22:00 -0500

Delta Air Lines says it will buy 11,000 Microsoft Surface 2 tablets for its pilots, to replace the heavy bundles of books and maps they haul around now.

American Airlines plans to hire 1,500 pilots

Mon, 30 Sep 2013 10:42:00 -0500

American Airlines says it will hire 1,500 pilots over the next five years. That’s in addition to recalling all of the airline’s pilots who have been furloughed.

Macy’s to hire 83,000 seasonal hires

Mon, 30 Sep 2013 09:34:01 -0500

Department store operator Macy’s Inc. says it plans to hire about 83,000 seasonal hires for the bustling holiday season, up 3.8 percent from last year. The seasonal workers will work in Macy’s stores, call centers, distribution centers and online fulfillment centers.

Airlines promise a return to civility, for a fee

Mon, 30 Sep 2013 08:36:10 -0500

Airlines are introducing a new bevy of fees, but this time passengers might actually like them. Unlike the first generation of charges which dinged fliers for once-free services like checking a bag, these new fees promise a taste of the good life, or at least a more civil flight.

IKEA starts selling solar panels for homes

Mon, 30 Sep 2013 07:18:01 -0500

Swedish flat-pack furniture giant IKEA will start selling residential solar panels at its stores in Britain, the first step in its plan to bring renewable energy to the mainstream market worldwide.

Stocks fall as government heads toward shutdown

Mon, 30 Sep 2013 16:20:40 -0500

Stocks closed lower Monday as Wall Street braces for a government shutdown. Lawmakers have until midnight Tuesday to reach a budget deal that would keep government in full operation.

Shutdown impact: Tourists, homebuyers hit quickly

Sat, 28 Sep 2013 19:34:00 -0500

WASHINGTON (AP) — A government shutdown would have far-reaching consequences for some, but minimal impact on others. The mail would still be delivered and Social Security and Medicare benefits would continue to flow. But vacationers would be turned away from national parks and Smithsonian museums. Low-to-moderate income borrowers and first-time homebuyers seeking government-backed mortgages could face delays. Here’s how services would — or would not — be affected if Congress fails to reach an agreement averting a government shutdown at midnight Monday. AIR TRAVEL Federal air traffic controllers would remain on the job and airport screeners would keep funneling passengers …