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Business News
US sues to block GE appliance business sale to Electrolux
NEW YORK (AP) -- The U.S. government is seeking to stop Electrolux from buying General Electric's appliance division, saying the combined company would dominate sales of ovens and other cooking-related kitchen appliances, especially to customers like home builders, property managers, hotels, and governments....
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CEOs of mortgage giants Fannie and Freddie get big raises
NEW YORK (AP) -- The CEOs of government-backed mortgage giants Fannie Mae and Freddie Mac are getting large raises, to about $4 million a year, as the government relaxes rules that were imposed on the companies after they suffered big losses and were bailed out....
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3,000 baby floats recalled because they can deflate
NEW YORK (AP) -- About 3,000 inflatable baby floats are being recalled because they can deflate, posing a risk that a child could drown....
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Business Highlights
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JBS USA to buy Cargill pork business for $1.45 billion
DES MOINES, Iowa (AP) -- The U.S. subsidiary of a Brazilian-based international meat processor is buying the pork division of Cargill Inc....
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Do you think Donald Trump's comments about Mexican immigrants were insensitive?
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