Hydraulic bicycle brakes recalled
WASHINGTON, March 22 (UPI) — The U.S. Consumer Product Safety Commission announced a voluntary recall of 2,800 hydraulic brake systems for bicycles that could fail in cold temperatures. The hydraulic disc brakes
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WASHINGTON, March 22 (UPI) — The U.S. Consumer Product Safety Commission announced a voluntary recall of 2,800 hydraulic brake systems for bicycles that could fail in cold temperatures. The hydraulic disc brakes
HANOI, Vietnam, March 23 (UPI) — Japanese electronics giant Panasonic Corp.’s $32 million washing machine plant in Vietnam has begun operations, officials said Thursday. The plant, operated by Panasonic Appliances Viet Nam
WASHINGTON, March 22 (UPI) — The U.S. Food and Drug Administration said Friday that it plans to toughen regulation of the production of defibrillators. The move comes after years of reports of
NEW YORK, March 22 (UPI) — U.S. stock indexes rebounded Friday, with reports from Nike and Tiffany boosting confidence despite uncertainty over a bailout for Cyprus. Nike reported higher-than expected fourth quarter
NEW YORK, March 22 (UPI) — U.S. stock indexes rebounded Friday, with reports from Nike and Tiffany boosting confidence despite uncertainty over a bailout for Cyprus. Nike reported higher-than expected fourth quarter
DALLAS, March 21 (UPI) — Venari Resources LLC said Tuesday it had made a major oil discovery at its Shenandoah prospect in the Gulf of Mexico. The deepwater oil exploration and production
CHICAGO, March 22 (UPI) — A significant number of employers in major economies are having trouble finding qualified workers, a global CareerBuilder survey indicates. In the survey conducted by Harris Interactive in
BEIJING, March 22 (UPI) — China’s trade with Africa is booming as Chinese investments in the continent soar, Chinese officials and experts say. The official China Daily reported Wednesday a growing number
THE HAGUE, Netherlands, March 21 (UPI) — The estimated $2.3 billion payable to the National Iranian Oil Co. can’t be settled because of sanctions imposed on Iran, Royal Dutch Shell said. Shell
WASHINGTON, March 21 (UPI) — The U.S. Labor Department said first-time jobless benefits claims rose 2,000 to 336,000 in the week that ended last Saturday. Initial claims for unemployment benefits fell from
NEW ORLEANS, March 21 (UPI) — The focus on leases in the central Gulf of Mexico highlights an investment drive for North American oil, Norwegian energy major Statoil said. The U.S. Bureau
BEIJING, March 21 (UPI) — The Chinese government may intervene in the bankruptcy of solar panel company Wuxi Suntech but the industry is downsizing, a government official said. Suntech, a Chinese solar
BUENOS AIRES, March 21 (UPI) — Argentina on Tuesday filed charges accusing British bank HSBC with helping clients launder money and evade taxes, court papers say. Prosecutors said the bank used “fake
WASHINGTON, March 21 (UPI) — The Supreme Court Tuesday ruled foreign buyers of books, movies and other products can resell them in the United States over the copyright owners’ objections. The nation’s
SEATTLE, March 21 (UPI) — U.S. software giant Microsoft Corp. is the subject of federal investigations into possible bribery and kickback schemes, sources told The Wall Street Journal. The U.S. Justice Department
WASHINGTON, March 21 (UPI) — Home building starts and permits for private construction projects rose modestly in February from January, the U.S. Department of Commerce said Tuesday. The department said project starts
IRVINE, Calif., March 21 (UPI) — A rebound in home equity prices can push consumers to spend, boosting the U.S. economy, an economist at research firm CoreLogic said. With the percentage of
WASHINGTON, March 20 (UPI) — U.S. mortgage activity declined last week, as long-term interest rates rose, the Mortgage Bankers Association said Wednesday. The association said mortgage activity declined 7.1 percent from the
NEW YORK, March 20 (UPI) — U.S. markets swung higher Wednesday, with investors holding onto gains after the Federal Reserve said it would keep its monetary policy intact. Investors ignored uncertainly about
WASHINGTON, March 20 (UPI) — U.S. retail receipts rose 1.4 percent in the week ending Saturday, a trade group in Washington said. The International Council of Shopping Centers-Goldman Sachs weekly sales report
NEW YORK, March 20 (UPI) — U.S. markets swung higher Wednesday morning as investors anticipate the Federal Reserve will maintain an accommodating monetary policy. The Fed’s Open Market Committee concludes a two
NEW YORK, March 19 (UPI) — U.S. stocks returned to positive territory Tuesday morning, but gains faded by midday. The Department of Commerce said building starts rose in February, rising sharply over
NEW YORK, March 18 (UPI) — U.S. stocks were lower Monday on news that a bailout for Cyprus included a tax on bank deposits. “This morning the news is all about Cyprus,
TEL AVIV, Israel, March 17 (UPI) — Americans work longer days, take less vacation and retire later than people in other developed nations and Israeli scientists see a link to more heart
WASHINGTON, March 15 (UPI) — Industrial production rose 0.7 percent in February after a drop of 0.1 percent in January, the U.S. Federal Reserve said Friday. Manufacturing output rose 0.8 percent in
BRUSSELS, March 15 (UPI) — The inflation rate dropped to 1.8 percent in the eurozone and to 2 percent in the larger European Union, official data agency Eurostat said Friday. Eurostat said
MOSCOW, March 15 (UPI) — President Vladimir Putin has signed a law barring foreign banks from opening branches in Russia, his office said Friday. The measure adopted by the State Duma, or
NEW YORK, March 15 (UPI) — U.S. markets slipped Friday morning after the Bureau of Labor Statistics said the consumer price index rose 0.7 percent in February. The CPI increase was slightly
NEW YORK, March 14 (UPI) — U.S. markets rose Thursday, pushing the Dow further into new territory and the Standard & Poor’s index close to its all-time record close. The Dow Jones
REDMOND, Wash., March 13 (UPI) — Microsoft says an outage that hit services including Hotmail, Outlook and Sky Drive Tuesday has been fixed and the services were running normally Wednesday. Microsoft’s status
NEW YORK, March 13 (UPI) — A stronger than expected retail report helped keep a winning streak on Wall Street alive Wednesday, as the Dow index hit a seventh consecutive all-time peak.
PARIS, March 13 (UPI) — A court in France has fined Apple for allowing employees in its French Apple stores to work late in violation of the country’s labor laws. Apple was
CUPERTINO, Calif., March 13 (UPI) — Apple has quietly released improvements to its much-criticized Maps app for the iPhone to improve its accuracy and functionality, tech websites report. The Maps application, which
WASHINGTON, March 13 (UPI) — U.S. business inventories rose in January, while sales dropped slightly, the Commerce Department reported Wednesday. Manufacturing and trade inventories rose 1 percent to an end of the
NEW YORK, March 13 (UPI) — U.S. stock indexes were mixed early Wednesday trading with the Dow blue chip index posting modest losses. The Dow Jones industrial average dropped despite a 1.1
NEW YORK, March 11 (UPI) — U.S. markets rose after a slow start Monday following a week in which the Dow Jones industrial average set multiple records for closing highs. The index
NEW YORK, March 11 (UPI) — U.S. markets rose after a slow start Monday following a week in which the Dow Jones industrial average set multiple records for closing highs. The index
By AL SWANSON Nearly a year ago I asked the question: “Who is buying all these cars?” The answer not surprisingly was baby boomers, parents and grandparents of today’s students who had
LIBERTYVILLE, Ill., March 8 (UPI) — Motorola Mobility, a company owned by Google, said it had begun the process of laying off 1,200 workers in the United States, China and India. The
DETROIT, March 9 (UPI) — Alan Mulally has acquired holdings worth $317 million in six years as Ford Motor Co. chief executive officer, U.S. analysts said. Mulally — who is credited with