- Brennan's to reopen after bankruptcy sale
NEW ORLEANS (AP) — A restaurant that for decades was a fixture of the New Orleans culinary scene is back — at least in name.
- Korean firm to pay $2M to settle case in Virginia
RICHMOND, Va. (AP) — A South Korean chemical company has agreed to pay $2 million to settle a criminal complaint alleging attempted theft of a competitor's trade secrets.
- Airlines give upbeat view of revenue trends
Three of the biggest U.S. airlines are giving upbeat signals about their business as the peak summer travel season kicks into high gear.
- American Apparel receives financing
NEW YORK (AP) — American Apparel Inc. announced late Wednesday it had reached a deal with investment firm Standard General to receive an investment of up to $25 million to bolster the clothing chain's finances. It will also mean a shake-up in the board.
- Genco exits Chapter 11 bankruptcy protection
NEW YORK (AP) — Drybulk shipper Genco Shipping emerged from Chapter 11 bankruptcy reorganization.
- GM to recall 28,789 Saab cars for safety defect
DETROIT (AP) — General Motors is recalling 28,789 Saab convertibles because the driver's seat belt retractor can break.
- Fed sees October end for monthly bond buying
WASHINGTON (AP) — Federal Reserve officials are in broad agreement that they will likely announce an end to their monthly bond buying program in October, bringing to a close the third round of massive bond purchases the central bank has relied upon to boost economic growth following the Great Recession.
- How the Dow Jones industrial average did Wednesday
Corporate earnings season got off to a good start Wednesday, helping lift the stock market after two days of declines. The market opened higher and remained modestly higher throughout the day. Stocks added to their gains after the Federal Reserve released minutes from its latest policy meeting in June. Alcoa was the biggest gainer among major stocks, helped by its surprisingly strong earnings report.
- Figures on government spending and debt
WASHINGTON (AP) — Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.
- Gold prices climb after Federal Reserve minutes
Gold prices climbed Wednesday amid expectations that the Federal Reserve will keep interest rates at record lows.
- More flights arriving late; complaints are rising
WASHINGTON (AP) — More flights on U.S. airlines are running late or getting canceled, and complaints are rising.
- Oil on 2-week slide even with Mideast turmoil
NEW YORK (AP) — The price of oil fell for the ninth straight day Wednesday as global supplies continue to flow despite unrest in the world's most important oil-producing region.
- Recipe for higher sales: Add fiber, cinnamon
NEW YORK (AP) — General Mills hopes a pinch of cinnamon and a dash of fiber will be a recipe for stronger sales.
- Harley-Davidson recalling 66,421 motorcycles
DETROIT (AP) — Harley-Davidson is recalling 66,421 Touring and CVO Touring motorcycles from the 2014 model year because their front wheels can lock up without warning.