Recalls this week: electrical safety switches, toys
More than 1 million electrical safety switches are being recalled because of a faulty switch.
General Electric 1Q performance beats analysts' expectations
General Electric Co. Friday reported a first-quarter loss of $1.15 billion, after reporting a profit in the same period a year earlier.
GE's profit from continuing operations surges
General Electric's quarterly profit topped expectations.
Stock markets steady, oil slips after Trump slams OPEC
Asian shares fell back Friday after a major supplier to Apple forecast continued weak demand for mobile devices.
GE to report 1Q results: What’s in store for the Dow laggard?
Ahead of the company’s latest results is a fresh push for a breakup
Southwest Airlines sought more time for engine inspections
U.S. airline regulators have ordered inspections on engine fan blades like the one that snapped off a Southwest Airlines plane, leading to the death of a woman who was partially blown out a window.
Evidence of an oil spill was obvious, but was it a crime?
A Texas company that owns an oil pipeline that spilled 140,000 gallons of crude along the California coast faces a criminal trial three years after the disaster.
Michigan sues company over Great Lakes power cable damage
Michigan Attorney General Bill Schuette has sued the company he says damaged electric cables and oil pipelines in a Great Lakes channel by dragging a tugboat anchor across them.
Business Highlights
___ 2 black men arrested at Starbucks get an apology from police PHILADELPHIA (AP) — Two black men whose arrest at a Starbucks in Philadelphia has triggered a furor over racial profiling say they are pushing for changes to make sure that what they went through doesn't happen to anyone else.
Asian shares fall back on trade worries, tech outlook
U.S. stocks were broadly lower in early trading Thursday, weighed down by losses in technology companies and makers of consumer products.
Philip Morris and Procter & Gamble stumble as Amazon surges
Stocks that moved substantially or traded heavily Thursday: Philip Morris International Inc., down $15.80 to $85.64 The tobacco company reported weak quarterly sales and said sales of its iQos device in Japan were slower than expected.
Southwest Airlines pilot pushed Navy boundaries for flying
The Southwest Airlines pilot being lauded as a hero in a harrowing emergency landing after a passenger was partially blown out of the jet's damaged fuselage is also being hailed for her pioneering role in a career where she has been one of the few women at the controls.
Los Angeles port commission approves SpaceX rocket facility
Los Angeles harbor commissioners have approved a permit for Space Exploration Technologies to build a facility on 19 acres of port land to manufacture a Mars rocket that will be so big it will require an oceangoing barge for transport to launch sites.
US experts back marijuana-based drug for childhood seizures
A panel of government health advisers is recommending approval of a medicine made from the marijuana plant to treat childhood epilepsy, moving the medication closer to the U.S. market.
The Latest: Southwest sought more time to inspect engines
The Latest on the Southwest Airlines plane that made an emergency landing in Philadelphia (all times local): 9:45 a.m.
Kremlin says nationalizing sanction-hit Rusal is an option
The Kremlin says a temporary nationalization of aluminum producer Rusal is being discussed after the company was hit by United States sanctions.
Procter & Gamble pays $4.2 bln for unit of Germany's Merck
German pharmaceutical and chemical company Merck says it has agreed to sell its global consumer health business to Procter & Gamble for 3.4 billion euros ($4.2 billion) in cash.
Thai court acquits northeastern gold mine protesters
A court in Thailand has found seven environmental activists not guilty of violating a law on public gatherings that imposes severe penalties for actions that disrupt public services.
Manhattan turf war: 'Billionaires Row' vs. homeless shelter
Some of the world's wealthiest people have apartments in the half-dozen new skyscrapers built along a stretch of Manhattan's 57th Street known as "Billionaires Row."
Regulators to require inspections after jet engine explosion
A preliminary examination of the blown jet engine of the Southwest Airlines plane that set off a terrifying chain of events and left a businesswoman hanging half outside a shattered window showed evidence of "metal fatigue," according to the National Transportation Safety Board.









