WASHINGTON ––The Senate adjourned without confirming Jessica Rosenworcel to a second term on the Federal Communications Commission, forcing her out of office and setting up the agency for a partisan deadlock as the Republican administration of Donald J. Trump begins.
Without other changes, the Democrat's departure would leave the FCC ...Read more
VIENNA ––The Organization of the Petroleum Exporting Countries managed to broaden its efforts to cut oil output Saturday, when 11 countries outside the group joined a plan that is aimed at raising prices.
The non-OPEC countries agreed to reduce their output by 558,000 barrels per day, OPEC President Mohammed al-Sada announced in Vienna.
WASHINGTON -- Before she heads to her shift at a nursing home in New Haven, Conn., every morning, nursing assistant Elisha LaRose drops her 4-year-old son off at a day care center. She's grateful he'll be in a safe, educational environment all day.
LaRose, 30, is a single mother and could never afford to send her son to day care without a child...Read more
When Peggy and Stephen Goulding sold their company in Wenona, Ill., this year they decided they wanted to set aside a large sum to give to charity.
For years they had been writing individual checks when attracted to charitable organizations that they thought were helping their community or global needs -- everything from Doctors Without Borders...Read more
Wait, can this be right?
A new report from the Pew Research Center says that most Americans do not suffer from information overload -- even though many of us frequently say otherwise.
Only 20 percent of the 1,520 people surveyed by Pew in April said they feel overwhelmed, compared to 27 percent who were asked the same question in 2006.
This ...Read more
Start saving your shillings and get in line: Aston Martin will build and sell 25 units of a "continuation" of its historic DB4 GT race car, and they'll cost $1.9 million each.
The English car company will begin delivering the new DB4 GTs in late 2017 and hasn't released images of the vehicle yet.
But sources at the company say it will be a ...Read more
SAN FRANCISCO -- The governor of Michigan signed a legislative package Friday that allows cars without steering wheels or drivers to be tested on the state's highways.
The plan is to make the state "the epicenter for driverless vehicle technology," said Gov. Rick Snyder.
Florida already allows testing of completely driverless cars. With the ...Read more
Five years after abandoning its bid for a British crown jewel amid a corporate scandal, Rupert Murdoch's 21st Century Fox is making another run for full control of Sky, the European pay-TV giant.
Fox on Friday disclosed its $14.1 billion offer for Sky, saying the company had agreed in principal to pay stockholders 10.75 British pounds for each ...Read more
PITTSBURGH -- PPG on Friday said it plans a broad cost-cutting program throughout its global operations that will generate annual savings of between $120 million and $130 million.
The Pittsburgh-based paint and coatings producer said the restructuring will result in a fourth-quarter pretax charge of $190 million to $200 million, or 53 cents to ...Read more
If airlines allow passengers to make in-flight cellphone calls, the carrier must notify passengers in advance, under a rule proposed by the U.S. Department of Transportation.
The rule, proposed this week, may be a moot question because the Department of Transportation is still considering a complete ban on airborne voice calls within, to or ...Read more
ATLANTA -- Coca-Cola CEO Muhtar Kent is stepping down from his post, according to the Atlanta-based soft drink giant. He will be replaced by chief operating officer James Quincey effective May 1.
"Managing The Coca-Cola Company to ensure our long-term growth requires a thoughtful and orderly succession planning process," said Kent. "I have been...Read more
A year ago, we didn't have a president-elect taking to Twitter to castigate people and policies not to his liking. Today, we do.
Investors may be truly tested by this new reality for the first time in the week ahead.
In the past week, Boeing shareholders experienced the power of a tweet from President-elect Donald Trump, who on Tuesday wrote ...Read more
General Motors revealed details this week about a new nine-speed automatic transmission that's likely to become one of its best-selling gearboxes.
"We'll probably eventually see this transmission replace the six-speed automatic," Navigant Research senior analyst Sam Abuelsamid said.
The transmission improves fuel economy about 2 percent in a ...Read more
WASHINGTON -- President-elect Donald Trump said Thursday he would nominate St. Louis lawyer Andrew "Andy" Puzder, the current CEO of the fast-food chain CKE Restaurants, to be the next labor secretary.
Trump told The Associated Press that Puzder "will fight to make American workers safer and more prosperous by enforcing fair occupational safety...Read more
WASHINGTON -- Fast-food executive Andrew Puzder, President-elect Donald Trump's pick to be the next Labor Department secretary, turned around the Southern California-based parent company of Carl's Jr. and Hardee's with help from scantily clad women hawking oversized burgers in racy ads.
More recently, he's raised his own profile by becoming an ...Read more
It's full steam ahead to Cuba for two of the world's major cruise companies.
Norwegian Cruise Line Holdings and Royal Caribbean Cruises, both Miami-based, signed agreements this week with the Cuban government just minutes apart to take passenger ships to the island nation.
All three of Norwegian's lines -- Norwegian Cruise Line, premium line ...Read more
LOS ANGELES -- A stronger economy and lower airfares are expected to increase the number of holiday air travelers by 3.5 percent this year.
During the 21-day holiday travel period starting Dec. 16, 45.2 million travelers will fly on U.S.-based airlines, prompting airlines to add extra flights or bigger planes to serve the travel surge, ...Read more
LOS ANGELES -- The Los Angeles city attorney's office has sued four big retailers, alleging deceptive advertising that it says misled shoppers into believing that thousands of products were on sale at a hefty discount.
The retailers -- JC Penney, Sears, Kohl's and Macy's -- falsely advertised high "list" or "regular" prices on merchandise that ...Read more
SEATTLE -- Microsoft's $26 billion deal to purchase LinkedIn is the boldest risk the company has taken under Chief Executive Satya Nadella.
The deal, sealed on Thursday, also poses a question: Can Microsoft, formerly hostile to Silicon Valley, scoop up a Bay Area stalwart without breaking it?
LinkedIn gives Microsoft, whose Office and Windows ...Read more
CHICAGO -- In the list of potential risk factors that companies include in their regulatory filings, a new one has surfaced: Donald Trump.
Methode Electronics, a Chicago-based designer and maker of parts for automotive, appliance and other industries, on Thursday added the president-elect to its list of potential "risk factors." Disclosures of ...Read more