Diesel chain reaches settlement
NASHVILLE, Tenn. — The nation's largest diesel retailer has reached a speedy settlement with some customers cheated out of rebate money. Experts say that's all the better for Cleveland Browns owner Jimmy Haslam and his brother, Tennessee Gov. Bill Haslam, whose family owns the truck stop chain. Jimmy Haslam runs Pilot Flying J, which was founded by his father. Gov. Bill Haslam left the company to run for Knoxville mayor in 2003 and still has an ownership stake.
Verizon adds installment plan
NEW YORK — Verizon Wireless, the country's largest cellphone carrier, on Thursday said it's joining AT&T and T-Mobile in providing an installment plan for its phones, aiming to satisfy customers who want to upgrade their devices faster or avoid paying the upfront cost of their phones. The plan, dubbed Edge, will be introduced Aug. 25, and allows the buyer to spread the full retail price of the phone, without subsidies, over 24 months. A buyer who has paid off 50 percent of the cost of the phone can upgrade to a new phone after six months.
Ice cream a scream away
NEW YORK — Uber, the San Francisco startup known for letting people order private drivers in sleek black cars using a smartphone app, is offering an ice cream-on-demand service for one day only in more than three dozen cities around the world, including San Francisco, Philadelphia, London, Singapore and Rome. Friday's stunt, an expansion of last year's ice cream promotion, comes in the midst of a sticky heat wave in New York City and elsewhere. Last year, people in seven U.S. and Canadian cities could use the Uber app to summon an ice cream truck hired by Uber to their location, provided they purchased a minimum number of treats.
American Airlines reports profit
The parent of American Airlines posted a $220 million second-quarter profit as cost-cutting from its bankruptcy reorganization kicked in. It's the first time in six years that American has reported a profit during the April-June quarter. During the same period last year, it lost $241 million, mostly because of bankruptcy related expenses. Revenue was steady at about $6.45 billion. AMR Corp. has been operating under bankruptcy protection since late 2011. It has cut worker pay and other expenses.
Fertilizer industry growing
TUSCOLA, Ill. — The fertilizer industry is going on a building spree, proposing new factories across the nation, many of them in small towns that are desperate for jobs. The expansion plans result from booming demand for corn and newly abundant supplies of natural gas, a major component in fertilizer production. Most of the plants would go in rural towns where economic development isn't easy.
Sports drink faces lawsuit
WASHINGTON — A judge Thursday ruled that a case challenging the claims on popular Vitaminwater drinks as misleading can move forward as a class-action lawsuit. Attorneys representing the health-advocacy group Center for Science in the Public Interest and consumers from California and New York have accused Coca-Cola Co. of using deceptive labeling on Vitaminwater beverages, including claims that they reduce risks of disease and boost the immune system. U.S. Magistrate Judge Robert Levy said in a ruling in New York that the lawsuit can proceed as a class-action lawsuit. The plaintiffs can seek injunctive relief, which would prevent Coca-Cola from making certain claims for the product.
Coke ad disputed
NEW YORK — Authorities in the United Kingdom have banned a Coca-Cola television ad because they say it can mislead viewers about how easy it is to burn off the calories in a Coke. The ad in question, which is also shown in the U.S., shows a variety of activities like dog walking, dancing and laughing that it says would burn off the 139 calories in a single serving of the soft drink. But the Advertising Standards Authority, which regulates advertising in the U.K., says the ad doesn't make clear enough that all of the activities need to be done in combination in order to burn 139 calories. It noted that some viewers who complained thought only one of the activities was needed. Coca-Cola representatives did not immediately return a request for comment.
From Wire Reports