Business

Johnson & Johnson buying Alios for $1.75B
Johnson & Johnson is buying the biopharmaceutical company Alios BioPharma Inc. for about $1.75 billion.
Football commands highest TV ad prices
Pro football pays the bills in prime-time television.
US stocks slip following drops overseas
U.S. stocks are closing slightly lower after recovering most of an early slide.
Ford shares fall as company lowers Europe outlook
Ford shares fell Monday after the automaker said it no longer expects to make a profit in Europe next year.
Microsoft to offer early look at next Windows
Microsoft plans to offer a glimpse of its vision for Windows this week, as its new CEO seeks to redefine the company and recover from missteps with its flagship operating system.
Toyota recalls 690,000 pickups to fix rear springs
Toyota says it is recalling 690,000 Tacoma pickup trucks because the rear leaf springs could break, puncture the gas tank and cause a fire.
Report: Gambling industry paid out $38B in taxes
Gambling officials say the industry paid out a jackpot-worthy $38 billion in federal, state and local taxes in 2013.
US stocks slip following drops overseas
U.S. stocks are slightly lower in midday trading after recovering most of an early slide.
Death toll from GM ignition switches now at 23
At least 23 people have died and 16 people have been seriously injured in crashes involving General Motors cars with defective ignition switches.
Safety agency studying Toyota acceleration problem
U.S. safety regulators are looking into a consumer's petition alleging that older Toyota Corollas can accelerate unexpectedly at low speeds and cause crashes.
US consumer spending up 0.5 percent in August
Americans boosted spending by a healthy amount in August, with about half of the increase coming from auto sales. Income rose by a modest amount.
Contracts to buy US homes slide in August
Fewer Americans signed contracts to buy homes in August, suggesting that real estate sales will remain sluggish over the next few months.
US stocks open lower, following drops overseas
U.S. stocks are opening sharply lower, following losses overseas.
Chicago airports trying to resume normal flights
Flight cancellations are still plaguing Chicago's international airports two days after an act of sabotage at a regional control center brought operations to a halt.
Madoff son was under scrutiny until day he died
Bernard Madoff's last surviving son was under investigation for possible involvement in his father's multibillion-dollar Ponzi scheme until the day he died from cancer earlier this month.
Gaza war deals blow to Israel's tourism industry
It was supposed to be a record-breaking year for tourist visits to Israel. But all that changed when the 50-day war between Israel and Hamas prompted jittery travelers to cancel trips en masse, leaving empty hotel rooms and barren tourist sites in their wake.
INFLUENCE GAME: Government takes on the Internet
Should the company that supplies your Internet access be allowed to cut deals with online services such as Netflix, Amazon or YouTube to move their content faster?
Man attacked in strip club loses liability appeal
A man who was tortured in the basement of a Detroit-area strip club can't seek financial damages from the owner of the building.
China busts smugglers of iPhone 6 in Shanghai
China in recent days has busted a slew of smugglers bringing Apple iPhone 6 models into the country ahead of their official release here. State media on Sunday announced the latest seizure of 453 smartphones in Shanghai.
Harley issues recalls to fix clutches, fuel tanks
Harley-Davidson is recalling more than 105,000 motorcycles from the 2014 model year because their clutches may fail, causing stopped bikes to creep forward and potentially crash.
Clorox: Venezuelan seizure of plant risks safety
Clorox says Venezuela's decision to seize the company's shuttered facilities near Caracas may pose safety risks for workers and nearby residents.
Rutgers lab churning out baby horseshoe crabs
Six thousand baby horseshoe crabs are making their way in the waters near Cape May this weekend, thanks to a Rutgers University center that grows and releases them into the wild.
Tax break for solar panels in NYC approved
Gov. Andrew Cuomo has signed a law to extend property tax breaks for installing electricity-generating solar panels on New York City buildings.
Catalonia defies Spain by calling secession vote
The president of Spain's powerful northeastern region of Catalonia has formally called an independence referendum in the latest secession push in Europe and one of the most serious challenges to the Spanish state of recent years.
Driver accused of abandoning chicken truck found
Authorities in Idaho have arrested the driver thought to have abandoned a trailer containing 37,000 pounds of rotten chicken at a western Montana truck stop.
Fire causes widespread cancellations and delays
Authorities say today's fire at an air traffic control center near Chicago was deliberately set by a contract employee -- but they are ruling out any ties to terrorism.
US stocks end rocky week with a surge; Nike gains
U.S. stocks are closing out a turbulent week with a solid gain.
US stocks surge in afternoon trading; Nike jumps
U.S. stocks are surging in afternoon trading, gaining back most of a slump from the day before.
Colorado approves $5M incentive for Tarantino film
Colorado has approved a $5 million incentive package to lure production of the upcoming Quentin Tarantino film "The Hateful Eight."
Flights resuming after fire at air traffic center forces hundreds of cancellations
Flights have begun taking off and landing again at Chicago's two airports after a fire at a suburban air traffic control center forced hundreds of cancellations.
Gulfport
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