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Business News
Verizon, unions reach deal in principle for 4-year contract
NEW YORK (AP) -- Striking Verizon employees may be back to work next week after the company and its unions reached an agreement in principle for a four-year contract....
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Janet Yellen says Fed could raise rates in coming months
CAMBRIDGE, Mass. (AP) -- Federal Reserve Chair Janet Yellen said Friday that an interest rate hike would be appropriate in the coming months if the economy keeps improving....
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Recalls this week: spill-proof cups, water heaters
More than 3 million spill-proof cups for children are being recalled because of mold development risk, with more than 3,000 reported cases already. Other recalled consumer products include faulty water heaters and mattress pads....
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Fast money: Banks making it easier to split the tab
NEW YORK (AP) -- Splitting the bill for those pizzas you shared with your buddies or that utility bill that is suddenly due is going to get easier and faster even if you don't all use the same bank....
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Hercules Offshore strikes deal with lenders
NEW YORK (AP) -- Oilfield services company Hercules Offshore has worked out an agreement with lenders before it seeks Chapter 11 bankruptcy protection, the second time will have done so in less than year....
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