Business

Business

Mercury falling: Ford eliminates mid-range brand

DEE-ANN DURBIN and TOM KRISHER AP Auto Writers

Jun 08, 2010

DEARBORN, Mich. (AP) — Ford Motor Co. will cease production of its 72-year-old Mercury brand by the end of 2010 after years of declining sales. Mercur...

Business

Coke pays $715M to distribute Dr Pepper

Jun 08, 2010

ATLANTA (AP) — The Coca-Cola Co. says it will distribute certain drinks made by Dr Pepper Snapple Group Inc. as part of a $715 million deal. The agree...

Business

Strike halts Hyundai’s India production

Erika Kinetz AP Business Writer

Jun 08, 2010

MUMBAI, India (AP) — Striking workers forced Hyundai Motor to stop all production in India on Monday, the latest in a series of union battles that hav...

Business

Bank of America to pay borrowers $108 million

ALAN ZIBEL AP Real Estate Writer

Jun 08, 2010

WASHINGTON (AP) — Bank of America will pay $108 million to settle federal charges that Countrywide Financial Corp., which it acquired nearly two years...

Business

Consumers snap up cars in May, despite fewer deals

DAN STRUMPF and TOM KRISHER AP Auto Writers

Jun 08, 2010

Consumers snap up cars in May, despite fewer deals DAN STRUMPF,AP Auto Writers TOM KRISHER,AP Auto Writers DETROIT (AP) — Americans shrugged off fewer...

Business

Job openings rise to highest level in 16 months

CHRISTOPHER S. RUGABER AP Economics Writer

Jun 08, 2010

WASHINGTON (AP) — Job openings jumped in April to the highest level in 16 months, a sign that hiring by private employers is healthy despite last week...