All Articles
The government is determined to send a message to U.S. airlines about the need for strict maintenance on their fleets.
The Federal Aviation Administration is set to propose a record penalty of $25 million or more on American Airlines for lapses in maintenance procedures that contributed to a spate of flight cancellations in 2008.
The fine is nearly three times larger than any ever levied against a U.S. airline.
Toyota reported a quarterly profit of $2.2 billion, reversing from red ink a year earlier as global car sales recovered and raised its full year earnings forecast.
The world's biggest automaker said Wednesday that revenue for the April-to-June quarter surged 27 percent to 4.87 trillion yen ($57.3 billion) as car sales jumped in North America, Japan and other parts of Asia including Thailand and Indonesia.
Colorado's mountain communities are trying to take advantage of fewer people flying. They're putting together incentives for Coloradans and others to visit before the summer ends.
The resorts aren't seeing the last days of summer as losers this year. They are offering huge discounts to keep people until the snow falls.
"It's nice to be able to come up when they do have deals that you can save a little bit more money when it's not during the crowded times," Sarah Scudder from Denver said.
Some hotels are charging under $100 a night
A Minneapolis-based grocery chain admitted it overcharged customers at Colorado stores that catered to Hispanics.
Attorneys for Nash Finch Co. said in a filing Friday in Adams County District Court that they were admitting liability in a lawsuit filed by six customers from its Avanza stores in Colorado. The case was going to trial Monday.
The lawsuit filed in 2008 alleged the Avanza stores advertised sales but then added a 10 percent surcharge at checkout and provided misleading information about the surcharge. Nash Finch has four Avanza stores in Colorado.
Hundreds of people have been sickened in a salmonella outbreak linked to eggs in four states and possibly more, health officials said Wednesday as a company dramatically expanded a recall to 380 million eggs.
The Centers for Disease Control and Prevention is working with state health departments to investigate the illnesses. No deaths have been reported, said Dr. Christopher Braden, a CDC epidemiologist involved in the investigation.
The Food and Drug Administration also is investigating.
General Motors has filed the first batch of paperwork needed to sell stock to the public.
GM filed the paperwork for its initial public offering with the Securities and Exchange Commission on Wednesday.
The company says the U.S. government and other stakeholders will sell common shares worth $100 million. GM will sell preferred shares worth $100 million. Those numbers are rough estimates and the amount raised in the actual stock sale is expected to be much higher.
A long-running dispute between radio broadcasters and the recording industry over music royalties has taken an unexpected turn with a proposed settlement that threatens to drag the mobile phone industry into the ring.
The Obama administration invited banking executives Tuesday to offer advice on changing the government's role in the mortgage market. Their response: stay big.
While the executives disagreed on the exact level of support needed, the group overwhelmingly advocated the government should maintain a large role propping up the nearly $11 trillion market.
GM is recalling nearly 250,000 crossover vehicles worldwide to inspect second-row seat belts that could be damaged and not latch.
GM said Tuesday the recall affects 2009-2010 models of the Chevrolet Traverse, Buick Enclave, GMC Acadia and Saturn Outlook.
GM said the seat-belt buckle could be damaged when the seat back is returned to an upright position. That could make the buckle appear to latch when it isn't.
U.S.automakers are gaining ground in a customer satisfaction survey.
For the first time ever, Ford's Lincoln-Mercury and General Motors' Buick have taken top spots in the American Customer Satisfaction Index.
However, Chrysler continues to underperform, with two of its three divisions at the bottom.
Overall, the survey finds a 2.4 percent drop in automobile satisfaction, with most domestic and foreign automakers showing declines. Fourteen of the 19 largest auto nameplates showed some deterioration over the past year.
