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    Toyota, Honda confirm safety of some Kobe Steel products

    TOKYO (AP) — Japanese automakers have confirmed use of Kobe Steel products affected by fake inspection data, but say they have found no safety concerns so far. Toyota Motor Corp. and Honda Motor Corp. issued statements late Thursday outlining preliminary findings from checks of materials and parts from Kobe Steel. Japanese media cited officials from […]
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    Business Highlights

    ___ Trump thinks GOP has votes for budget WASHINGTON (AP) — President Donald Trump says he thinks Senate Republicans have the votes for their budget — hours after tweeting his uncertainty. Trump needs the Senate to follow the House and pass the spending blueprint so lawmakers can move on to the tax cuts he wants. […]
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    How major US stock indexes fared on Thursday

    The major U.S. stock indexes finished mixed Thursday after partially recovering from midday losses. The latest gains barely kept winning streaks alive for the Standard & Poor’s 500 index and the Dow Jones industrial average. Both indexes also set new highs. Health care stocks posted some of the biggest gains, offsetting losses by technology companies, […]
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    Textron and eBay skid while Adobe and Verizon jump

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday: United Continental Holdings Inc., down $8.21 to $59.78 The parent of United Airlines said that weak prices will continue the rest of this year Textron Inc., down 47 cents to $53.10 The company lowered its profit forecast after revenue from its aviation business […]
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    Vidalia onion farmer ordered to pay $1.4M in overtime suit

    SAVANNAH, Ga. (AP) — One of the largest producers of Georgia’s famous Vidalia onions must pay $1.4 million in damages and unpaid overtime owed to hundreds of workers, a federal judge ruled. A U.S. District Court judge found that Bland Farms Production and Packing LLC failed to pay overtime to 460 workers during spring harvest […]
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    GM reaches $120m settlement with states over switches

    DETROIT (AP) — General Motors Co. has reached a $120 million settlement with 49 states and the District of Columbia over its defective ignition switches. GM recalled 2.6 million small cars worldwide in 2014 because their ignition switches could slip from the “run” position to the “off” position, shutting off the engine. The switches played […]
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    Google parent leads $1B Lyft investment, deepening Uber rift

    SAN FRANCISCO (AP) — Google’s parent company is throwing its financial support behind ride-hailing service Lyft, deepening its rift with market leader Uber. Alphabet Inc., which gets most of its money from Google’s digital ad network, is leading a $1 billion investment in Lyft that values the privately held company at $11 billion. The investment […]
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    Shares of United Airlines tumble after 3Q financial report

    DALLAS (AP) — Shares of United Airlines dropped more than 12 percent on Thursday — their biggest one-day percentage decline in eight years — after a contentious conference call that caused analysts to question whether United executives are making progress on their turnaround plan. Analysts speculated whether a management shakeup could be coming. United had […]
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    Consumer Reports’ rankings of auto reliability

    Consumer Reports issued its annual auto reliability rankings on Thursday. The magazine predicts the reliability of 2018 models based on surveys of its subscribers, who own or lease 640,000 vehicles from the 2000-2017 model years. The rankings are closely watched by the industry, since car buyers frequently look to Consumer Reports for advice. These are […]
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    Toyota tops Consumer Reports’ auto reliability rankings

    DETROIT (AP) — Toyota Motor Co. is continuing its reign at the top of Consumer Reports’ reliability rankings, a reward for its conservative approach to new technology. The Toyota brand came in first in this year’s rankings, followed by the company’s luxury Lexus brand. It’s the fifth year in a row that a Toyota brand […]