Business News

Pending US home sales strengthen in July

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WASHINGTON (AP) - More Americans signed contracts to purchase homes in July, a sign that demand for home ownership remains strong despite a shortage of listings on the market.Read more

Diamond of California macadamia nuts recalled due to possible salmonella

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Two different packages are being recalled after an FDA test turned up positive for salmonella.Read more

Your Money with Elaine Bedel: Are you covered for a storm?

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Financial advisor Elaine Bedel talks about how much coverage you need to weather the kind of storm Kokomo saw last week.Read more


Tesla planning upgrade to semi-autonomous Autopilot system

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Tesla Motors is planning improvements to its semi-autonomous Autopilot system after a fatal crash earlier this summer.Read more

No-tipping trend now at more restaurants, with mixed results

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PORTLAND, Ore. (AP) - A small but growing number of restaurants are doing away with the tipping model that has long been the norm in the United States.Read more

Frankfurt airport terminal reopens after security scare

Frankfurt airport terminal reopens after security scare

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BERLIN (AP) - Authorities say Frankfurt airport is fully reopened after a portion of Terminal 1 was evacuated when a person entered a secure area without undergoing required searches.Read more

Markets Right Now: Stocks edge lower in early trading

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NEW YORK (AP) - Stocks are opening slightly lower on Wall Street as a thin batch of earnings gave investors little to get excited about.Read more

Indianapolis closer to redeveloping old RCA headquarters

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The City is moving closer to developing the old RCA site at Sherman Ave. & Michigan St.Read more

Here's how to get deals at Chipotle in September

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Chipotle Mexican Grill Inc. is hoping that some big promotions will help boost struggling sales.Read more

Merchandise Warehouse opens new south side facility; plans to hire 65

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A locally owned company that's been in Indianapolis for more than 65 years is opening up its new expansion - and adding jobs.Read more

SpaceX gets taker for 1st flight of recycled rocket

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The Luxembourg-based company SES - a longtime SpaceX launch customer - said Tuesday it will send its next communications satellite up on a previously flown Falcon rocket. It will be the first true reuse of a rocket previously used for an orbital mission. The launch will take place this fall.Read more

White House worries Apple deal to cost taxpayers

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The White House says the Obama administration is concerned that American taxpayers will ultimately bear the brunt of the European Union's decision requiring Apple to pay billions of dollars in back taxes.Read more