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Business News
Ford expands drivers air bag recall nationwide
DETROIT (AP) -- Ford Motor Co. has agreed to government demands to expand a driver's side air bag inflator recall to the entire U.S....
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Kraft Foods CEO to retire; Cahill named successor
NORTHFIELD, Ill. (AP) -- Kraft Foods Group Inc. says that CEO Tony Vernon plans to retire later this month. The company named Chairman John Cahill as his successor....
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US jobless aid applications decline to 289,000
WASHINGTON (AP) -- Fewer Americans sought unemployment benefits last week, a sign of solid job security and growing confidence among employers....
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Why the Fed thinks US economy still needs its help
WASHINGTON (AP) -- If you didn't know about the lingering damage from the Great Recession, the U.S. economy would appear remarkably strong....
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Avon Products settles bribery charges for $135M
NEW YORK (AP) -- The world's largest direct seller of cosmetics, Avon Products Inc., will pay $135 million to settle criminal and civil charges after its China unit pleaded guilty Wednesday to conspiring to violate the Foreign Corrupt Practices Act by bribing officials there....
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