Business

Growers see strong apple-picking season in region
As summer winds down in New England, apple-picking season is gearing up with growers forecasting a bumper crop.
Nestle: Forced labor has no place in our food supply chain
Nestle says "forced labor has no place in our supply chain" following a U.S. class action lawsuit that alleges the Swiss food company knowingly supported a system of slave labor and human trafficking to make its Fancy Feast cat food.
Cost, length of Exxon's cleanup still unclear after deal
The $225 million settlement between ExxonMobil and New Jersey reached this week confirms the oil giant must clean up more than 1,500 contaminated properties from gas stations to refineries.
General Mills sets ambitious goal for greenhouse gas cuts
General Mills says it's eager to do its part to fight climate change, so it's setting a goal of cutting greenhouse gas emissions by 28 percent over the next decade — from farm to fork to landfill.
'Compton' tops box office for 3rd week; 'War Room' surprises
"Straight Outta Compton" marked three consecutive weekends atop the box office, while the Christian drama "War Room" proved an unexpected success.
Michelin recalls truck, RV tires prone to rupturing
Michelin is recalling around 104,000 BF Goodrich tires used for light trucks and recreational vehicles because the sidewalls can rupture under severe use conditions.
Fed Vice Chair Fischer keeps open possibility of Sept. hike
Federal Reserve Vice Chairman Stanley Fischer is leaving the door open for a rate increase in September. He says the factors that have been keeping inflation below the Fed's target rate have likely begun to fade.
Experts say tough talk on China overlooks economic realities
If there was ever a week for the Republican presidential candidates to talk tough on China, this was it. Spurred by the stock market's wild ride, they lashed out at the world's most populous nation.
US consumer spending up moderate 0.3 percent in July
U.S. consumers increased their spending by a moderate amount in July, while income growth was propelled by the largest jump in wages and salaries in eight months.
For the first time, 1 billion people used Facebook in a day
For the first time, a billion people used Facebook in a single day on Monday.
Ukraine reaches debt relief deal with creditors
Ukraine has reached a crucial deal with its international bondholders that will help prop up its government finances and keep the struggling country from defaulting on its debt.
AP sues over access to FBI records involving fake news story
The Associated Press is suing over the Federal Bureau of Investigation's failure to provide public records related to the creation of a fake news story used to plant surveillance software on a suspect's computer.
Snyder: Talking to China important despite GOP critics
Republican Michigan Gov. Rick Snyder says it's important to talk trade with Chinese officials despite some GOP presidential hopefuls blaming China for the recent tumble of U.S. stocks.
Average US rate on 30-year mortgage drops to 3.84 percent
Average long-term U.S. mortgage rates dropped this week to their lowest levels since May, in a week marked by turmoil in global markets that was stoked by economic developments in China.
FDA lays out naming rules for lower-cost biotech drugs
The Food and Drug Administration has released its proposal for naming lower-cost biotech drugs, a critical step in creating a market for the new class of medicines.
Egypt replaces EgyptAir chairman after heavy losses
Egypt's civil aviation minister says he is replacing EgyptAir's chairman in a bid to return the company to profitability, after it accumulated over a billion dollars in losses since the 2011 uprising that toppled longtime autocrat Hosni Mubarak.
London Underground delays plans for 24-hour subway service
London Underground has delayed plans to start a 24-hour subway service on weekends, allowing more time for talks with unions demanding better pay and conditions.
Applications for US jobless aid drop to very low 271,000
Fewer people sought U.S. unemployment benefits last week, evidence that employers remain confident in the economy and are laying off few workers.
AG: Record store owner employed addicts to shoplift $2M
A Pittsburgh record store owner allegedly used heroin addicts to shoplift more than $2 million worth of books, videos, and other products he resold online, and stored in the backroom of his business.
Forbes: Parsons is highest paid TV actor
"Big Bang Theory" star Jim Parsons has topped Forbes magazine's 2015 list of the highest paid TV actors.
Airfare deals pop up as airlines wage limited fare wars
Airline fare wars are making a comeback.
Microsoft says Windows 10 now on 75 million devices
Microsoft says its new Windows 10 software is running on more than 75 million computers, tablets and other devices — less than a month since the operating system was released.
Federal court backs patent protecting Eli Lilly cancer drug
Shares of Eli Lilly rose Wednesday in premarket trading a day after the drugmaker said a federal court upheld a patent protecting one of its top-selling drugs, the cancer treatment Alimta.
Some Dish channels go dark due to spat with their owner
Dish says that 129 local stations in 79 different markets have gone dark for its customers because of a fight with the channels' owner, Sinclair Broadcasting.
Monsanto abandons takeover bid for Swiss rival Syngenta
Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the Swiss chemical producer rejected its latest offer of roughly $47 billion.
Trump vows never to eat Oreos again, citing move to Mexico
Republican presidential candidate Donald Trump repeated his claim Tuesday evening that he would stop eating Oreos, citing the cookie maker's decision to close a plant in Chicago and move it to Mexico.
Burger King to McDonald's: Let's make a McWhopper
This probably isn't what the United Nations had in mind when it established the International Day of Peace: Burger King is asking McDonald's to join forces to create a "McWhopper."
US durable goods orders up 2 percent in July
Orders to U.S. factories for long-lasting manufactured goods rose in July, and demand in a key category that tracks business investment plans jumped by the largest amount in 13 months.
France says refund to Russia for warships is below $1.1B
France says the cost of the cancellation of the sale of two Mistral-class warships to Russia is below 1 billion euros ($1.1 billion).
Angry Birds maker Rovio plans layoffs in restructuring
Popular mobile game maker Rovio Entertainment says it plans to restructure its business and lay off up to 260 people because the company took on "too many things" during the past few years.
Gulfport
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