US Business News

Appeals Court Bars Motorola Antitrust Lawsuit Against LCD Makers

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A federal appeals court on Wednesday threw out antitrust claims by phone maker Motorola Mobility that sought damages from Asian electronics companies for alleged price fixing on liquid-crystal-display panels.

AT&T Backtracks on Threat to Halt Fiber Rollout

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AT&T Inc. on Wednesday backpedaled from a threat to freeze the rollout of its ultrafast Internet service because of uncertainty around the government’s net-neutrality rules.

Medtronic Acquisition of Covidien Gets FTC Clearance

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U. S. authorities on Wednesday approved Medtronic’s $43 billion merger with Covidien after requiring the spinoff of a drug-coated catheter business.

Lawsuit Alleges Palladium, Platinum Prices Manipulated

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Goldman Sachs, HSBC Holdings, Standard Bank Group and BASF have been accused of manipulating platinum and palladium prices in a lawsuit filed in New York by a jeweler.

Icahn Offers Loan to Trump Entertainment

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Investor Carl Icahn has agreed to provide $5 million in financing to see casino operator Trump Entertainment Resorts Inc. through the coming months as it tries to emerge from bankruptcy.

Deere Sees Big Decline in Equipment Sales

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Deere projected a 20% decline in farm equipment sales for the recently started business year, warning again that lower commodity prices and falling farm incomes are putting pressure on demand for agricultural machinery.

Making a 'Door-Buster': the $5 Toaster

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Before the lights had dimmed on Black Friday last year, executives at Kohl’s were already at work on the deal they would use to pull shoppers into their stores this time around: a $5 toaster.

GoPro Developing Line of Consumer Drones

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GoPro is developing its own line of consumer drones to expand from its core business of making wearable video cameras popular with surfers and other sports enthusiasts.

U.S. Regulators Demand Chrysler Expand Air-Bag Recall

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U.S. auto-safety regulators are demanding Chrysler Group expand its recall of potentially defective Takata Corp. air bags nationwide and begin notifying customers of the new campaign by Monday.

EU's Juncker Launches Infrastructure Investment Plan

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European Commission President Jean-Claude Juncker launched a plan aimed at enticing pension funds, insurance companies and other major investors to finance cross-border European infrastructure projects.

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