Laid-off workers sue American Apparel

Business / Business News /

Three former employees of American Apparel have filed a complaint accusing the Los Angeles retailer of failing to give adequate notice before laying off about 200 employees.

In a complaint filed in the U.S. District Court for the Central District of California, the former employees accuse the company of violating both the state and federal ...Read more

Mark Zuckerberg seeks to ease net neutrality concerns over

Business / Business News /

Mark Zuckerberg is defending, the project to bring free Internet access to impoverished parts of the world. The Facebook-led initiative had been criticized for being against net neutrality. grants access to only a dozen or so Internet destinations, including Facebook. In India, that limit has led a number of startups ...Read more

Apple Watch sales to stay online for now

Business / Business News /

SAN JOSE, Calif. -- Don't expect to walk into an Apple Store and walk out with an Apple Watch anytime soon.

Apple expects to sell the timepiece exclusively online through May, according to an internal memo from retail chief Angela Ahrendts that was obtained by French Apple news site

Apple began showcasing the watch in stores April 10,...Read more

Big insurers raise ad spending

Business / Business News /

Three of the nation's biggest home and auto insurers increased their advertising spending a combined 6.2 percent in 2014.

Progressive had the largest year-over-year percentage rise in advertising spending, with an increase of 8.6 percent, while Allstate and State Farm each boosted spending by more than 5 percent, according to a study by SNL ...Read more

Ford, Toyota investments help Mexican auto industry boom

Business / Business News /

Investment in the Mexican auto industry is soaring as automakers take advantage of low labor costs, an increasingly sophisticated workforce and free trade agreements.

Ford Motor Co. said Friday that it will spend $2.5 billion to build and expand engine and transmission factories in the Mexican states of Chihuahua and Guanajuato, creating 3,800 ...Read more

Ads for Hefty cups honor the party animal in mom

Business / Business News /

CHICAGO -- A new online ad campaign for Hefty disposable plastic cups has tapped some unusual spokeswomen: middle-age moms who look like June Cleaver but party like Lindsay Lohan.

The videos, on Facebook and YouTube, depict seemingly demure moms unpacking groceries, folding laundry and reading books. Each then breaks into slang-laden tales of ...Read more

South Carolina governor is Boeing's best union-buster

Business / Business News /

A union seeking to represent 3,000 Boeing employees in South Carolina Friday withdrew its election petition Friday, canceling a vote of the workers that had been scheduled for next week.

The workers were to vote Wednesday on whether to join the International Association of Machinists and Aerospace Workers, the union that represents their co-...Read more

Boom puts spotlight on renewing solar tax break

Business / Business News /

WASHINGTON -- Solar energy is booming in the United States and the industry wants everyone to know it. But winning an extension of a key solar tax break in a Republican Congress suspicious of green energy won't be easy, especially as regulatory and market forces continue to batter fossil fuels and nuclear power.

The industry's lobbying arm, the...Read more

Bloomberg terminals crash

Business / Business News /

Bloomberg terminals, widely used by traders to access real-time financial data, went down globally for a few hours Friday morning, disrupting a bond sale in the United Kingdom.

Service was later restored. The company said in a Twitter post that there was "no indication at this point that this is anything other than an internal network issue."...Read more

IRS hotline wait times double from last year, inspector general says

Business / Business News /

Wait times for taxpayers who called the Internal Revenue Service's toll-free hotline more than doubled to nearly 25 minutes over the past year, according to a federal report.

"This filing season it has become increasingly difficult for taxpayers contacting the IRS by telephone" to get help, J. Russell George, Treasury inspector general for tax ...Read more