Business News

Delta says frequent fliers saw different fares
Delta Air Lines says it may have charged some frequent fliers higher fares than other customers for almost three weeks because of a computer glitch.
Dollar continues to rally on fears about Greece
Worries that Greece will drop out of the euro currency union are pushing the dollar higher against most other currencies.
Shareholders sue JPMorgan over $2B trading loss
Shareholders of JPMorgan Chase & Co. have filed two lawsuits against the nation's biggest bank, accusing it and its leaders of taking excessive risk and causing a monumental $2 billion trading loss.
US housing starts rose in April
U.S. builders began work on more homes last month, evidence that the battered housing market is slowly healing.
Facebook boosts size of IPO
Facebook's owners now plan to sell 25 percent more shares in the company as investors clamor for shares in the year's hottest stock offering.
Deere fiscal 2Q profit rises
Deere is posting a 17 percent spike in profits for the second quarter is raising its outlook for the year, with farm receipts expected to hit historic heights.
Target's 1Q profits up 1.2 percent
Target Corp. is reporting a 1.2 percent increase in first-quarter profit as the discount chain pulled in more shoppers with its food and trendy fashions.
Report: Nokia loses cellphone top spot
Nokia has been bumped off its 14-year top spot as the world's largest cellphone company by Samsung, according to a British research firm.
Buffett's firm buys GM stake, boosts IBM position
Warren Buffett's company has revealed a number of changes in its U.S. stock portfolio, including boosting its holdings in Wal-Mart and IBM and adding a new stake of 10 million General Motors shares.
Penney reports loss and plummeting sales
J.C. Penney is reporting a bigger-than-expected loss and plummeting profits in the first quarter as many of its customers are rejecting a new bold pricing strategy.
Product Recalls
Kennedy International recalls folding step stools
About 1.6 million stools are being recalled because the stools can break or collapse unexpectedly when in use.
Banzai inflatable pool slides recalled
Wal-Mart and Toys R Us are announcing the recall of about 21,000 inflatable Banzai in-ground pool water slides because during use, the slide can deflate, allowing the user to hit the ground underneath the slide and become injured.
Trampolines recalled
Sportspower is recalling about 92,000 BouncePro 14’ trampolines because the netting surrounding these trampolines can break.
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