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Chrysler agrees to recall of Jeeps at risk of fire
After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions. But the recall, which came in an 11th-hour deal between the automaker and the National Highway Traffic Safety Administration, covers only 1.56 million of ...
Brazil protesters keep up pressure on government
Thousands of demonstrators flooded into a square in Brazil's economic hub, Sao Paulo, on Tuesday for the latest in a historic wave of protests against the shoddy state of public transit, schools and other public services in this booming South American giant. Sparked earlier this month by a 10-cent hike ...
3 more plead guilty in probe of Pilot Flying J
Three more employees of the truck stop chain owned by the Cleveland Browns' owner and Tennessee's governor pleaded guilty Tuesday in what authorities call a scheme to cheat trucking firms out of rebates. Regional sales manager Kevin Clark pleaded guilty to mail fraud in federal court in Knoxville. Local media ...
Business Highlights
___ NSA director says plot against Wall Street foiled WASHINGTON (AP) — The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing ...
NSA director says plot against Wall Street foiled
The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing on intelligence led by lawmakers sympathetic to the spying. The House Intelligence ...
Union presents plan to save jobs at GE Erie plant
Union officials presented a plan Tuesday to keep 950 jobs at a General Electric Transportation plant in Erie, but the company cast doubt on the proposal. The Erie Times-News (http://bit.ly/f76MQq ) reports that the leadership of Local 506 said the union can save $20 million a year in exchange for ...
House, Senate on diverging paths on agency budgets
Republicans controlling the House unveiled slashing cuts Tuesday to a program that helps localities build community development projects, while their rivals in the Democratic-led Senate proposed to restore GOP cuts to international food aid and nutrition help for pregnant women. An Energy Department spending bill that would cut President Barack ...
Metals decline as traders wait for Federal Reserve
Metal prices fell Tuesday as traders anticipate that the Federal Reserve may start easing its support for the U.S. economy. The price of gold for August delivery fell $16.20, or 1.2 percent, to $1,366.90 an ounce. Palladium and silver also declined. Only platinum bucked the trend and edged higher. The ...
Metals decline as traders wait for Federal Reserve
Metal prices fell as traders anticipate that the Federal Reserve may start easing its support for the economy. The price of gold for August delivery fell $16.20, or 1.2 percent, to $1,366.90 an ounce. Palladium and silver also declined. Only platinum bucked the trend and edged higher. The central bank ...
Oil climbs above $98 ahead of Fed policy news
The price of oil rose above $98 Tuesday as traders awaited the latest word on both the Federal Reserve's monetary policy and U.S. oil supplies. U.S. benchmark oil for July delivery rose 67 cents to close at $98.44 a barrel on the New York Mercantile Exchange. The focus in oil ...
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