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Honda to add another 2.6 million vehicles to air bag recall listLast week, a top Honda executive told a US House subcommittee during a hearing that his company would expand the driver's side repairs nationwide.
Merck $8.4 billion takeover sends Cubist stock soaringMerck will buy Cubist Pharmaceuticals for $8.4 billion, illustrating a new emphasis on combating so-called 'superbugs' that have drawn warnings from global health organizations. Shares of Cubist, based in Lexington, Massachusetts, soared before markets opened Monday while Merck slipped.
Starbucks on your smartphone: How the coffee giant is going digitalStarbucks is preparing to expand a mobile order-and-pay-ahead option nationally over the next year, plus has plans to expand food offerings.
Sears' third quarter losses increase to $548 millionThe longtime retailer says it has raised cash and will be closing stores in an effort to turn the company around.
Ruble crash, sanctions sting RussiansRussia's economy has been battered this year by uncertainty over the conflict in Ukraine, the falling price of oil, Western sanctions and retaliatory Russian import bans.
US jobless claims fall below 300K as hiring surgesJobless claims for US workers slipped below 300,000 last week, after having spiked above that level in the prior week for the first time in nearly three months. As fewer people file jobless claims, it suggests that employers are holding onto more workers and potentially looking to bolster their hiring.
ADP: US employers added 208,000 jobs in NovemberADP said Wednesday that private sector companies added 208,000 jobs in November, the third straight month that hiring has topped 200,000. The ADP report suggests that employers remain confident enough in the economy and their customer demand to add workers despite sluggish growth overseas.
Takata balks on expanding US airbag recall. 'Disappointing,' regulators say.Takata Corp has received criticism from US auto safety regulators for its response to an order to expand a recall of its airbags nationwide. At least five deaths have been linked to Takata inflators, which can explode with excessive force and shoot shrapnel inside cars.
Apple iPod antitrust trial features emails from Steve JobsThe trial evidence includes emails from Jobs, as well as video deposition testimony the former Apple chief executive gave shortly before he died in 2011.
CEOs: US economic growth will be weak in 2015CEOs from major US companies do not expect strong economic growth in 2015, according to a survey released Tuesday. The outlook comes from the Business Roundtable, an association of CEOs that represent US companies with $7.4 trillion in annual revenues.
Amazon robot army,15,000 strong, is ready for the holiday rushAmazon will deploy more than 15,000 wheeled robots to crisscross the floors of its biggest warehouses and deliver stacks of toys, books and other products to employees. Amazon, which faced its single biggest day of online shopping on Monday, has invested heavily in upgrading and expanding its network.
Girl Scout cookie sales: You can now order Thin Mints onlineGirl Scouts go digital: They will be equipped with mobile apps and personalized web sites to enhance their fund-raising cookie sales this year. Last year's sales topped some $800 million.
Second act of shopping frenzy: Will Thanksgiving sales hurt Black Friday numbers?Based on early reads, the crowds were thin early Friday morning in parts of the country, but traffic is expected to pick up throughout the day.
Stricter smog standards coming soon, say sourcesThe current smog standard is 75 parts per billion. In 2010, the EPA proposed tightening the standard to 60 to 70 parts per billion. AP sources say Obama will propose 65 to 70 parts per billion Wednesday, though EPA science advisers had endorsed a standard of 60 parts per billion.
Calorie labels coming to US restaurant menusFDA announced Nov. 25 new rules mandating calorie counts on menus, menu boards, and displays of restaurants, supermarkets, and other establishments offering prepared foods. The new calorie labels will be required by November 2015.
US economy 3.9 percent growth rate is strongest in over a decadeThe U.S. economy grew at a solid 3.9 percent annual rate in the July-September period, even faster than first reported, giving the country its strongest six months of growth in more than a decade.
Want the best Black Friday deals? Don't shop on Black Friday.Black Friday is no longer the day to get the biggest and best sales of the year, according to an analysis of sales data and store ads. Thanksgiving, not Black Friday, could be the best day to shop all year.
- Move over Barbie. Elsa now rules in toy stores
For first time in 11 years, Barbie isn't the No. 1 toy for girls, according to an annual survey by the National Retail Federation. 'Frozen' characters now top the list.
US stocks inch further into record territoryIt has been another record breaking week for US stock markets that will help spur economic growth.
- Marijuana marketing: Colorado pot sellers offer Black Friday deals, holiday cookies, and free gift-wrapping
Colorado's burgeoning marijuana industry is scrambling to get a share of the holiday shopping dollars.
