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Business News
Clarification: GM-Recalls-Rental Cars story
WASHINGTON (AP) -- In a story July 16, The Associated Press reported that General Motors became the first big automaker to support legislation barring rental-car companies from renting or selling vehicles subject to a recall. The story should have specified that current law bans car dealerships only from selling new cars under recall, not used recalled cars....
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US home sales increase 2.6 percent in June
WASHINGTON (AP) -- Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum....
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Marlboro maker Altria's 2Q profit stays flat
RICHMOND, Va. (AP) -- Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold....
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McDonald's profit slips; US sales decline
OAK BROOK, Ill. (AP) -- McDonald's Corp. said its profit slipped in the second quarter as sales in the U.S. continued to flag....
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US consumer prices up 0.3 percent in June
WASHINGTON (AP) -- U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year....
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