US Business News

Chobani Expands Into New Yogurt Products

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Chobani is venturing beyond basic yogurt cups with plans to launch new products this year, including desserts and dips, as the company explores plans to new capital.

GE Plans to Divest More Businesses

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General Electric is planning to sell off more pieces of its sprawling conglomerate this year as Chief Executive Jeff Immelt seeks to improve profitability.

Administration Delays Keystone Decision

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The U.S. has delayed a decision on whether to approve the Keystone XL pipeline--designed to connect Canadian oil fields and the refinery-heavy U.S. Gulf Coast--until after the midterm elections.

Microsoft Sells Over 5 Million Xbox Ones

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Microsoft said it has sold more than five million Xbox One consoles to retail shops since the product was launched in November.

McDonald's to Give China Restaurants a Makeover

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McDonald's is aiming to beef up its image in China with an overhaul of some restaurants in big cities and commercials featuring basketball star LeBron James.

Airbnb Valued at $10 Billion

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A group led by private-equity firm TPG finalized an agreement to invest $450 million in Airbnb, valuing the home-rental site at $10 billion.

Fish Farming Heads for Deeper, Cleaner Waters

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Fish-farming companies are trying to guard against disease and expand production by trying new techniques, including the use of offshore structures akin to oil platforms.

Judge Says AMR Can't Cut Retiree Benefits

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A bankruptcy judge ruled that former American Airlines parent AMR Corp. doesn't have the unilateral right to terminate benefits to about 46,930 retirees.

Calpine to Sell Six Southeast Power Plants for $1.57 Billion

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Calpine agreed to sell six power plants in its Southeast region to LS Power for $1.57 billion in cash, as part of the company's effort to align its asset base with certain competitive wholesale power markets.

FAA Delays Tighter Rules for Commercial Helicopters

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U.S. regulators have given helicopter operators an extra year to comply with certain enhanced safety rules, including additional training for poor visibility conditions and more-advanced monitoring of emergency medical flights.

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