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Business News
McDonald's names new US president again
NEW YORK (AP) -- McDonald's named a new president for its struggling U.S. division on Friday, marking the second change in the high-profile spot in less than two years....
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At Jackson Hole, central bankers eye varying goals
WASHINGTON (AP) -- The central bankers meeting this week at their annual conference in Jackson Hole, Wyoming, aren't exactly in sync. Many are taking steps that clash with the policies of others....
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2.2 million bean bag chairs recalled after deaths
NEW YORK (AP) -- About 2.2 million bean bag chairs are being recalled after two children opened them, crawled inside and suffocated to death....
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Yellen: Job market makes Fed hesitant on rate hike
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates....
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Correction: SmallBiz-Small Talk
NEW YORK (AP) -- In a story Aug. 20 about lending to women-owned businesses, Maria Coyne, head of small business banking at KeyBank, was quoted by The Associated Press as saying the Federal Deposit Insurance Corp. examines banks' lending records and makes a judgment about whether they're being prudent lenders. The Federal Reserve and Office of the Comptroller of the Currency actually have those responsibilities....
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