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Business News continually updated from thousands of sources around the net.

3 hrs ago | The Modesto Bee

Brennan's to reopen after bankruptcy sale

A bankruptcy judge overseeing the liquidation of Brennan's Inc. on Wednesday approved the sale of the former restaurant's trade name and other assets - including recipes.

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Related Topix: Economics News, Bankruptcy, Restaurant Management, Modesto, CA

3 hrs ago | San Jose Mercury News

Personal computers roar back after death of Windows XP

A two-year slump in personal computer sales ended in the second quarter, helped by improving demand in developed markets like North America and Europe.

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Related Topix: Computers, PC, Microsoft Windows, Science / Technology, Hewlett Packard

6 hrs ago | The Modesto Bee

Harley-Davidson recalling 66,421 motorcycles

Harley-Davidson Inc. says the front brake line can get pinched between the fuel tank and the frame.

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Related Topix: Harley Davidson, Automakers, Motorcycles, Harley-Davidson Motorcycle, Modesto, CA

11 hrs ago | The Modesto Bee

Source: American Apparel to receive financing

The deal will help pay off a $10 million loan from investment firm Lion Capital, which made a formal demand for payment Monday.

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Related Topix: Apparel, American Apparel

14 hrs ago | Myrtle Beach Online

French financier to head Vatican bank

As widely expected, the Vatican announced Wednesday that Jean-Baptiste de Franssu has been tapped to head the Institute of Religious Works, as the bank is formally called.

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Related Topix: Myrtle Beach, SC

18 hrs ago | The Modesto Bee

$580 million EU antitrust fine for drug makers

The 28-nation bloc's executive Commission on Wednesday said Servier struck a series of deals with the producers of generic medicines to protect its bestselling blood pressure medicine, Perindopril, from price competition.

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22 hrs ago | CIO

Commissioners rip FCC's spendy school Wi-Fi plan

A proposal by U.S. Federal Communications Commission Chairman Tom Wheeler to pump billions of dollars into Wi-Fi deployment at schools and libraries has run into a snag, with the commission's two Republican suggesting the money will come from U.S. residents' pocketbooks.

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Related Topix: Federal Communications Commission

Tue Jul 08, 2014

Myrtle Beach Online

Alcoa swings to 2Q profit of $138M, revenue flat

The company reported strong results in its engineered-products business, which makes parts for industrial customers, while looking to cut costs in its aluminum-smelting segment.

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Related Topix: Alcoa, Mining

Myrtle Beach Online

Car-hailing service Uber takes on taxis with sale

The company says the price of its UberX lower-end service is now cheaper than the rate charged by the city's famous yellow cabs.

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The Modesto Bee

Settlement reached in suit over Remington rifles

Gun owner Ian Pollard sued Remington Arms Co. in 2013, claiming problems with its Model 700 bolt-action hunting rifle.

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Myrtle Beach Online

Court examines charges in 2010 BP disaster deaths

BP well site leaders Robert Kaluza and Donald Vidrine were indicted on 22 manslaughter counts in connection with the 11 deaths.

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Related Topix: Explosion

Myrtle Beach Online

Hospital pharmacist charged in theft of 200K pills

City Special Narcotics Prosecutor Bridget Brennan's office is still investigating what became of the drugs but believe they ended up on the thriving black market for prescription painkillers, where the more than 193,000 missing pills could fetch a total of about $5.6 million.

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Related Topix: Drugs

The Modesto Bee

Stocks fall for second day before earnings reports

Tech and small companies fell sharply. The Dow Jones industrial average dropped below 17,000 for the first time since crossing that threshold last week on news that employers have been hiring more.

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Related Topix: Financial Markets

The Modesto Bee

Luxury Rolls-Royce car sales soar worldwide

The Britain-based manufacturer said Tuesday that global sales in the first half of the year were up 33 percent compared with the same period in 2013.

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Related Topix: Auto Dealers, Modesto, CA

The Modesto Bee

EU's united front on Russia falling amid gas needs

But their defiance of a European Union stop work order is more significant than just another missed chance for Europe to call out the Kremlin.

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Related Topix: Europe, World News, Austria, Vladimir Putin, NATO (North Atlantic Treaty Organization)

The Modesto Bee

Montana regulators hold hearing on $900M dam deal

With thousands of documents and public input from 17 meetings, the Public Service Commission has scheduled two weeks for the hearing at the state Capitol.

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Mon Jul 07, 2014

Myrtle Beach Online

4 in 10 US homes are cellphone only, skip landline

That's twice the rate from just five years ago, although the pace of dumping landlines seems to have slowed down in recent years.

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Related Topix: Cellphones, Centers for Disease Control and Prevention, Biotech, Medicine, Healthcare Industry, Spain, World News,

The Modesto Bee

Feds arrest alleged trafficker of stolen financial info

The actual arrest was Saturday, when secret service agents nabbed Roman Valerevich Seleznev, wanted for hacking into the point-of-sale systems of U.S. retailers to allegedly steal personal data.

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Myrtle Beach Online

Truckers strike at Los Angeles, Long Beach ports

The impact on the movement of cargo around the sprawling port complex, the main gateway for hundreds of billions of dollars of trade with Asia, was limited in the strike's first hours.

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Related Topix: Long Beach, CA

The Modesto Bee

Fire damages Michelin-ranked California restaurant

Santa Clara County Fire Battalion Chief Kendal Pearson says Monday's two-alarm blaze damaged the attic, roof and interior of the renowned Manresa restaurant in Los Gatos.

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Related Topix: Fire, Santa Clara County, CA, Los Gatos, CA, Modesto, CA

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