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By TOM KRISHER | November 20, 2014 7:19 pm
Senators get no clear answers on air bag safety

Business News

  • Soaring generic drug prices draw Senate scrutiny
    Associated Press | November 20, 2014 6:37 pm
    Some low-cost generic drugs that have helped restrain health care costs for decades are seeing unexpected price spikes of up to 8,000 percent, prompting a backlash from patients, pharmacists and now Washington lawmakers.
  • Fed to review its oversight of big banks
    Associated Press | November 20, 2014 6:36 pm
    The Federal Reserve said Thursday that it will review how it oversees the biggest U.S. banks amid criticism that it has grown too close to the financial institutions it is charged with regulating.
  • Groups sue feds over Pacific bigeye fishing rule
    Associated Press | November 20, 2014 5:12 pm
    Environmental groups on Thursday sued the National Marine Fisheries Service to challenge a new rule for fishing bigeye tuna, a popular species for sushi and fish steaks.
  • Gap names heads of namesake brand, Banana Republic
    Associated Press | November 20, 2014 4:06 pm
    Gap Inc. cut its full-year profit outlook Thursday after reporting a sales shortfall in the fiscal third quarter and announced management changes at its Gap and Banana Republic brands.
  • Family gets $6.75 million in Botox treatment case
    Associated Press | November 20, 2014 4:01 pm
    A New York couple who said Botox treatment of their son's cerebral palsy left him with life-threatening complications and sued its manufacturer won a $6.75 million verdict from a federal jury on Thursday.
  • FDA approves new, hard-to-abuse hydrocodone pill
    Associated Press | November 20, 2014 3:25 pm
    Federal health regulators on Thursday approved the first hard-to-abuse version of the painkiller hydrocodone, offering an alternative to a similar medication that has been widely criticized for lacking such safeguards.
  • Deal divides billions in closed nuke plant's costs
    Associated Press | November 20, 2014 2:54 pm
    Consumers will pay about $3.3 billion and shareholders will pay about $1.4 billion under a settlement approved Thursday on costs stemming from the premature closure of the San Onofre nuclear power plant.
  • Tips on getting deals during Black Friday blitz
    Associated Press | November 20, 2014 2:37 pm
    Brace yourself for the Black Friday shopping bonanza.
  • Ex-NHL player Hedican easing life for club teams
    Associated Press | November 20, 2014 1:36 pm
    Logistics are tough enough for the professionals, a daily struggle to get everyone and everything in line, whether you are the Stanley Cup champion Los Angeles Kings or the rest of the NHL teams.
  • Mobile still a struggle for Intel; PC doing better
    Associated Press | November 20, 2014 1:12 pm
    Chip-making giant Intel Corp. is still struggling to catch up in mobile computing but is forecasting a return to revenue growth this year thanks to better-than-expected performance in its personal computer business.
  • Hearing draws apology, admission in air bag mess
    Associated Press | November 20, 2014 12:18 pm
    The global quality chief of Takata Corp. apologized and an official from Honda acknowledged the automaker broke a disclosure law as a Senate committee put the spotlight on a growing problem with exploding air bags.
  • Obama plugs science, math education at ceremony
    Associated Press | November 20, 2014 12:01 pm
    President Barack Obama said Thursday that 19 scientists, researchers and innovators who received the country's highest honor for their life-changing work embody the spirit of the nation and its "sense that we push against limits and that we're not afraid to ask questions."
  • US indexes edge higher; Homebuilder stocks gain
    Associated Press | November 20, 2014 10:06 am
    Stock indexes are drifting higher following a pickup in U.S. home sales.Traders were also weighing a decline in weekly applications for unemployment benefits Thursday and soft economic data out...
  • GM's Barra: New investment, SUV for Opel
    Associated Press | November 20, 2014 9:54 am
    General Motors CEO Mary Barra says the automaker will invest more than half a billion euros (over $630 million) in its plants in Europe and build a new SUV at the home base for its Opel division there.

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