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  • Resilient Stocks [Duplicate] [Duplicate] Global tensions don't dent enthusiasm for stocks A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank's finances look shaky. And the U.S. stock market's response? After dipping briefly on the bad news, it climbs higher. The market's resilience

    July 25, 2014 1 Photo

  • CORRECTION Fast Food Workers Convention-3 [Duplicate] [Duplicate] Fast food workers prepare to escalate wage demands CHICAGO (AP) — Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers will discuss the future of the effort th

    July 25, 2014 1 Photo

  • Earns General Motors [Duplicate] [Duplicate] GM profit 2Q falls 85 pct. on recall costs DETROIT (AP) — Recall costs chopped $1.5 billion from General Motors' bottom line in the second quarter, cutting its net income by 85 percent. The automaker, which is in the midst of the worst recall crisis in its history, posted a net profit of $190

    July 24, 2014 1 Photo

  • China McDonald's KFC [Duplicate] [Duplicate] Boss of company in China meat scandal apologizes BEIJING (AP) — The chairman of an American meat supplier apologized Thursday for a Chinese subsidiary that is accused of selling expired beef and chicken to restaurants including McDonald's and KFC. Fast food chains in China suspended use of products

    July 24, 2014 1 Photo

  • IMF sees US growth at weakest since recession WASHINGTON (AP) — U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the International Monetary Fund said, mostly because of a sharp, weather-related contraction in the first quarter. But the global len

    July 23, 2014

  • Wall Street [Duplicate] [Duplicate] US stock slip to start the week; Six Flags sinks NEW YORK (AP) — The stock market drifted lower to start the week as more companies lined up to post their quarterly earnings. Mounting tensions between Russia and the West over the downed plane in Ukraine also occupied investors' attention. KEEPING S

    July 21, 2014 1 Photo

  • Russia's Severstal selling US plants for $2.3B NEW YORK (AP) — Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Word of a possible sale began to circulate earlier this year as the West threatened san

    July 21, 2014

  • BIZ BUZZ: Manor Motel to reopen under new owners A new owner is sprucing up the Manor Motel on Logansport’s east side.Closed since January 2013 after its was repossessed by Bank of Indiana, the motel sold June 3 to Harshadrhai Patel, an Ohio man, according to the motel’s new manager, Chaku Patel.Th

    July 20, 2014

  • Business news in brief, July 20 Barrett namedto legal associationMatthew D. Barrett, a Logansport attorney, recently became a lifetime member of the Elite Lawyers of America and received an award to commemorate his jury trial achievements.Elite Lawyers of America is a national orga

    July 20, 2014

  • BIZ-PT072014 consumer reports.jpg Consumer Reports: Best home face-lifts for $50 or less Is your house making a good first impression? If the door and other areas around the front are looking like they need work, it could put off potential buyers, not to mention visitors, according to ShopSmart, the shopping magazine from the publisher o

    July 20, 2014 1 Photo

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