Business News

AP Top Business News At 2:17 p.m. EDT

Judge won't order recalled GM cars to be parked
DETROIT (AP) -- A Texas federal judge has denied an emergency motion that would have forced General Motors to tell owners of more than 2 million recalled cars to stop driving them until the ignition switches are replaced....

Facebook rolls out location-sharing feature
NEW YORK (AP) -- Facebook users in the U.S. will soon be able to see which of their friends are in close proximity using a new feature the company is launching on Thursday....

Cyber cops: Target hackers may take years to find
WASHINGTON (AP) -- Secret Service investigators say they are close to gaining a full understanding of the methods hackers used to breach Target's computer systems last December....

Hot cars at this year's New York auto show
NEW YORK (AP) -- With more than 1 million visitors annually, the New York International Auto Show is one of the most important shows for the U.S. auto industry. Here are some of the vehicles debuting this year. The show opens to the public Friday....

CBO: Minimum wage boost would cost firms $15B
WASHINGTON (AP) -- The Congressional Budget Office estimates that a Senate Democratic proposal gradually boosting the minimum wage to $10.10 hourly would force businesses to spend $15 billion more in salaries in 2017....

GE 1Q earnings fall, outlook strong
NEW YORK (AP) -- General Electric's new focus on oil and gas equipment helped the company to post strong first-quarter results....

PepsiCo's profit rises on snack sales, price hikes
NEW YORK (AP) -- PepsiCo reported a stronger-than-expected quarterly profit as the company sold more snacks around the world and hiked prices, including on its drinks....

US stock market edges higher as earnings pour in
Major U.S. stock indexes rose in afternoon trading Thursday as investors reacted to quarterly results from a batch of U.S, companies. Google, IBM and insurer UnitedHealth were among the biggest decliners, while General Electric and Morgan Stanley were among the largest gainers....

Goldman's income falls 11 percent, but still beats
NEW YORK (AP) -- Goldman Sachs' earnings fell in the first quarter as bond trading slumped, but the results still came in ahead of what investors expected as other parts of the bank performed well....

Tiny power plants hold promise for nuclear energy
PARIS (AP) -- Small underground nuclear power plants that could be cheaper to build than their behemoth counterparts may herald the future for an energy industry under intense scrutiny since the Fukushima disaster, the incoming head of the Nuclear Energy Agency told The Associated Press....

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Hot cars at this year's New York auto show

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Chipotle plans first price hike in 3 years

Judge won't order recalled GM cars to be parked

Target expands subscription service tenfold

Union Pacific railroad's 1Q profit up 14 percent

Bailed-out Cyprus to test bond market in June

UnitedHealth's 1Q profit tumbles 8 percent

PepsiCo's profit rises on snack sales, price hikes


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