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Business News
GM says parts are ready to fix recalled small cars
MILFORD, Mich. (AP) -- General Motors CEO Mary Barra told investors Wednesday that GM will rely on new models and a big push to sell more cars in China to boost profits in coming years, as the company tries to shift the spotlight from a mishandled recall of older small cars....
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Dow drops 200 points on lackluster economic news
NEW YORK (AP) -- Stocks are slumping in early afternoon trading, putting the market on course for its third straight day of losses....
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Amazon closing distribution plant in Kansas
WICHITA, Kan. (AP) -- Amazon.com plans to close a distribution center in southeast Kansas in February, but it isn't clear how many employees the move will affect....
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US construction spending down 0.8 percent
WASHINGTON (AP) -- U.S. construction spending fell in August, the second decline in the past three months, with housing, non-residential and government projects all showing weakness....
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Coca-Cola revises executive pay after criticism
NEW YORK (AP) -- Coca-Cola is curtailing its pay plan for executives after shareholders including Warren Buffett called it excessive....
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