Business

FDA approves Boehringer's once-a-day inhaler drug
The Food and Drug Administration has approved a new long-acting inhaler drug from Boehringer Ingelheim to treat people with chronic lung disease.
Vitaminwater cries uncle, switches back formula
Coca-Cola is reversing course after fans of Vitaminwater complained about the drink's new sweetener.
SeaWorld, Southwest Airlines ending partnership
Southwest Airlines and SeaWorld Entertainment are ending their 25-year-old marketing partnership, as the airline has come under fire from animal rights activists over the relationship.
San Francisco sells record million-dollar homes
A research firm says a record number of million-dollar homes were sold in the San Francisco Bay Area during the second quarter, another sign that affording a place to live is a growing challenge for anyone who isn't tied to the technology economy.
EU identifies 5 Russian banks it is sanctioning
The European Union has revealed the names of five Russian banks it is sanctioning over what the 28-nation bloc decries as Moscow's meddling in Ukraine.
NY Fed: Puerto Rico should seek economic reforms
New York's Federal Reserve Bank is warning that Puerto Rico needs to improve its financial health soon or face what it called a "painful adjustment."
California company recalls food on botulism fears
An Orange County packaged-food company is voluntarily recalling several products over fears of possible botulism contamination.
Jury seated in Georgia peanut salmonella trial
A jury has been seated to hear the trial of three people charged in connection with a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.
Facebook's Internet.org expands in Zambia
Facebook's Internet.org project is taking another step toward its goal of bringing the Internet to people who are not yet online with an app launching Thursday in Zambia.
Judge orders end to Memphis Kellogg lockout
A judge has ordered the Kellogg Co. to put employees at its Memphis, Tennessee, cereal production facility back to work.
Software engineer commits $2M to Michigan State
A senior software engineer at Google Inc. has made a $2 million commitment to benefit the Michigan State University College of Engineering.
Lexus signs 2-year deal to sponsor Colorado race
Lexus has signed a two-year contract to sponsor the USA Pro Cycling Challenge as part of a move by the luxury automaker to get more involved with the sport on a global basis.
Target names Pepsi's Cornell as chairman, CEO
Target has hired Pepsi executive Brian Cornell as its new chairman and CEO as it looks to recover from a huge data breach and troubles in Canada.
Obama cracks down on labor breaches by contractors
President Barack Obama is pushing government contractors to stop violating labor laws if they want to keep taking federal money.
Homeowner who triumphed over Trump is moving on
She once called Donald Trump "a maggot, a cockroach and a crumb." This week, he remembered her as "an impossible person."
Fitch Ratings keeps 'negative' rating for Conn.
A ratings agency has maintained Connecticut's bond rating as "negative," saying the state's budget relied on one-time fixes and the state's economic recovery is inadequate.
Argentina officials stage 11th-hour talks in NYC
Argentina's economy minister led a last-gasp effort Wednesday to strike a deal with U.S. creditors that would prevent the South American country from slipping into default.
Archer Daniels Midland settles EPA allegations
Federal regulators say Archer Daniels Midland Co. has agreed to settle allegations that it violated Clean Water Act rules at oil storage facilities in Iowa, Missouri and Nebraska.
New suit claiming Chinese drywall destroyed homes
Lawyers for people who say defective Chinese drywall wrecked their homes have filed a new lawsuit against the manufacturers. It adds a new defendant — the Chinese commission that oversees 117 widespread companies including aerospace, nuclear power and electronics.
Fed makes sixth reduction in bond buying
The Federal Reserve is further slowing the pace of its bond purchases because it thinks an improving U.S. economy needs less help. But it's offering no clearer hint of when it will start raising its benchmark short-term interest rate.
Alumni of Ohio college fight to help it survive
Alumni of the country's oldest historically black private university are committing money and other support to help the southwestern Ohio school fight to survive amid possible accreditation loss, financial deficits and low enrollment.
GOP blocks limits on firms moving jobs overseas
Republican senators have blocked a bill limiting tax breaks for U.S. companies that move operations overseas.
Passenger dies on flight to Phoenix from Honolulu
Authorities in Phoenix say a passenger died Wednesday on a US Airways flight to Phoenix from Honolulu.
US economy grew at strong 4 percent rate in spring
After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending.
British Airways sued in pilot sex abuse allegation
A London law firm is initiating legal proceedings against British Airways over allegations that one of its pilots sexually abused 16 girls in Kenya, Uganda and Tanzania during layovers.
US: New sanctions on Russia could come soon
The White House says the United States could impose additional economic sanctions on Russia as soon as Tuesday.
McDonald's: Regulator says it's a 'joint employer'
McDonald's Corp. says it has been notified by a labor regulator that it can be named as a "joint employer" for workers in its franchise-owned restaurants.
Trump says his Buffalo Bills bid unlikely to win
Billionaire businessman Donald Trump says he'll submit a bid to buy the Buffalo Bills, but that it's unlikely his offer will be the winner.
China investigates Microsoft in monopoly case
China's anti-monopoly agency has announced an investigation of Microsoft Corp., stepping up pressure on foreign technology companies.
US home price gains slow for 6th straight month
U.S. home prices rose in May from a year earlier at the weakest pace in 15 months, as home sales remain modest.
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