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Business News
McDonald's names new US president again
NEW YORK (AP) -- McDonald's on Friday named a new president for its flagship U.S. division, marking the second change in the high-profile spot in less than two years....
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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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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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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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Deere to lay off about 460 from Iowa tractor plant
MOLINE, Ill. (AP) -- Agricultural equipment maker Deere is laying off about 460 employees indefinitely from an Iowa tractor factory as it continues to adjust to market demand....
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