• Want the best deal? Skip the turkey

    Updated: 5 hr ago

    NEW YORK (AP) — Looking for the best deal? You might want to skip the turkey and shop on Thanksgiving. An analysis of sales data and store circulars by two research firms contradicts conventional wisdom that Black Friday is when shoppers can get the most and biggest sales of the year. Of course, if you're looking for specific deals on items with limited shelf-life like toys and clothes and you don't care about specific brands, then shoppers should wait until the end of the season for bigger price cuts. Not to mention, plenty of stores pulled forward some deals earlier this week.

  • Home Depot faces dozens of breach-related lawsuits

    Updated: 5 hr ago

    Home Depot faces at least 44 lawsuits in the United States and Canada over a massive data breach earlier this year that affected 56 million debit and credit cards. The nation's biggest home improvement retailer said Tuesday in a regulatory filing that several state and federal agencies also are looking into the data breach and it may face more litigation from customers, banks, shareholders and others. Home Depot said the litigation and the investigations may distract management and affect how it runs its business. It also could lead to additional costs and fines. But those expenses aren't clear yet because the cases are in early stages, the company said in a quarterly filing with the Securities and Exchange Commission.

  • Gift Guide: Lots of tablet choices, oh my!

    Updated: 5 hr ago

    NEW YORK (AP) — Time for a tablet? People tend to hold onto tablets longer than smartphones, so take time to weigh your options. A major consideration is what phone you or your gift recipient already has. Although it's possible for Android owners to have Apple's iPads, for instance, there are advantages to sticking within the same system. You often can buy apps just once and share them across both devices, and you don't need to learn two different systems. Here are some buying tips organized by system. Prices listed are for base models. You can typically spend more for additional storage or LTE cellular connectivity. ___ APPLE'S iOS The iPad remains top of the line among tablets. The selection of apps desi

  • US closes Ford steering probe without recall

    Updated: 6 hr ago

    DETROIT (AP) — U.S. safety regulators have closed an investigation into steering problems in more than 500,000 Ford full-size cars without seeking a recall. The National Highway Traffic Safety Administration began investigating problems in the 2004 through 2007 Ford Crown Victoria and Mercury Grand Marquis and Marauder cars in July. The agency was looking into complaints that a heat shield could rust, dislodge and cause the steering shaft to jam. Investigators reviewed 18 complaints about the problem and found that it occurred infrequently, only in 1.6 vehicles per 100,000. The agency says one report of a rollover crash on a highway entrance ramp could not be verified.

  • US home price gains slow for 10th straight month

    Updated: 6 hr ago

    WASHINGTON (AP) — U.S. home prices rose in September at the slowest pace in more than two years, reflecting modest sales gains and a rising number of available homes. The Standard & Poor's/Case-Shiller 20-city home price index, released Tuesday, increased 4.9 percent in September from 12 months earlier. But that's down from 5.6 percent in August and the smallest gain since October 2012. On a monthly basis, the 20-city index was unchanged, the first flat reading in seven months. The monthly changes aren't adjusted for seasonal factors such as colder weather, which can impact sales. Prices dropped in nine of 20 cities from August. Home price gains have slowed this year after rapid, double-digit increases in the previous

  • Stocks open higher following strong US growth

    Updated: 6 hr ago

    NEW YORK (AP) — U.S. stocks are opening higher after news that the U.S. economy grew at a solid 3.9 percent annual rate in the July-September quarter. The rate of growth reported by the government early Tuesday was even faster than first estimated. The expansion gave the U.S. its strongest six months of growth in more than a decade. The Standard & Poor's 500 index rose three points, or 0.2 percent, to 2,072 as of 9:35 a.m. Eastern time Tuesday. The Dow Jones industrial average rose 26 points, or 0.2 percent, to 17,845. The Nasdaq composite rose 12 points, or 0.3 percent, to 4,767. Pall, a supplier of filtration technology, jumped 3 percent after its earnings beat analysts' estimates. Bond prices rose sligh

  • US closes Impala brake probe with no recall

    Updated: 6 hr ago

    DETROIT (AP) — A U.S. safety agency has ended an investigation into Chevrolet Impala electronic braking systems without seeking a recall. The National Highway Traffic Safety Administration began looking into potential problems with nearly 106,000 2014 Impalas in April after getting two reports of unwanted braking. Investigators analyzed crash data and witness statements to determine that the braking was caused by drivers inadvertently turning on the electronic parking brake. The agency says tests by GM found no evidence of mechanical or electrical failure in the parking brake switches. Both Impalas that were reported were rental cars and neither had cruise control systems that can brake in emergencies.

  • Nepal signs Indian power deal during Modi visit

    Updated: 6 hr ago

    KATMANDU, Nepal (AP) — Nepal signed an agreement Tuesday for an Indian company to build a $1 billion hydroelectric plant to boost supplies in the energy-starved Himalayan nation and export power to India. The move comes as regional leaders, including Indian Prime Minister Narendra Modi, arrived in Nepal for a meeting of the South Asian Association for Regional Cooperation. Under the $1.04 billion deal, Indian company Satluj Jal Vidyut Nigam Ltd. will build the 900 megawatt Arun III hydropower station, which is expected to begin producing electricity in 2020. More than three quarters of its output will be exported to India, said Ghanashyam Ojha, external affairs official at the Investment Board Nepal.

  • Barbie dethroned by Team Elsa

    Updated: 7 hr ago

    NEW YORK (AP) — For the first time in more than a decade Barbie has been frozen out of the top spot on the holiday wish lists of girls. The new reigning champion in the hearts of little girls is Team Elsa. The megahit "Frozen" has earned Disney more than a billion at the box office worldwide and the gravitational pull of the animated film has now plucked Barbie from the throne she that she has occupied for 11 years, according to a survey by the National Retail Federation. The NRF's Holiday Top Toys Survey found that one in five parents, or 20 percent, plans to buy "Frozen" merchandise for their girls. That beats the 16.8 percent that are looking to make a Barbie purchase.

  • US economy grew at 3.9 percent rate in July-September quarter, stronger than initial estimate

    Updated: 7 hr ago

    WASHINGTON (AP) — US economy grew at 3.9 percent rate in July-September quarter, stronger than initial estimate.

  • Tiffany misses Street 3Q forecasts

    Updated: 8 hr ago

    NEW YORK (AP) — Tiffany & Co. (TIF) on Tuesday reported net income of $38.3 million in its fiscal third quarter. On a per-share basis, the New York-based company said it had net income of 29 cents. Earnings, adjusted to extinguish debt, were 76 cents per share. The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. The luxury jeweler posted revenue of $959.6 million in the period, which also missed Street forecasts. Analysts expected $970.2 million, according to Zacks. Tiffany expects full-year earnings in the range of $4.20 to $4.30 per share.

  • Campbell tops Street 1Q forecasts

    Updated: 8 hr ago

    CAMDEN, N.J. (AP) — CAMDEN, N.J. (AP) — Campbell Soup Co. (CPB) on Tuesday reported fiscal first-quarter earnings of $234 million. On a per-share basis, the Camden, New Jersey-based company said it had net income of 74 cents. The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share. The maker of canned soup, Pepperidge Farm cookies and V8 juice posted revenue of $2.26 billion in the period, also surpassing Street forecasts. Analysts expected $2.22 billion, according to Zacks. Campbell expects full-year earnings in the range of $2.42 to $2.50 per share.

  • What's covered in new menu labeling rules

    Updated: 14 hr ago

    The Food and Drug Administration on Tuesday is announcing new rules requiring chain restaurants, movie theaters and other retailers that sell prepared foods to put calorie labels on menus and menu boards. The rules will only apply to establishments that have 20 or more locations. A sampling of what will be labeled with calorie information — and what won't — under the new rules. What will be labeled: — Menu items at chain restaurants, including drive-through and takeout boards. — Drinks on menus, and soda dispensers. — Some alcoholic beverages on menus. — Most prepared foods in supermarkets, convenience stores. — Concessions at movie theaters, amusement parks that are part of larger

  • Nepal to ink India power deal during Modi visit

    Updated: 16 hr ago

    KATMANDU, Nepal (AP) — Nepal's government is signing an agreement Tuesday with an Indian company to build a hydroelectricity plant that will export power to India and also boost supplies in the energy starved Himalayan nation. The inking of the deal with Indian company Satluj Jal Vidyut Nigam Ltd. to build the 900 megawatt Arun III hydropower station will coincide with Indian Prime Minister Narendra Modi's visit to Nepal for a South Asian regional summit. The $1.04 billion project is expected to begin producing electricity in 2020. More than three quarters of its output will be exported to India, said Ghanashyam Ojha, external affairs official at the Investment Board Nepal.

  • Asia stocks fall as China rate cut effect fades

    Updated: 16 hr ago

    SEOUL, South Korea (AP) — Asian stocks mostly fell Tuesday as the boost from China's surprise interest rate cuts faded and investors awaited U.S. economic data and an OPEC meeting. KEEPING SCORE: Australia's S&P/ASX 200 fell 0.7 percent to 5,325.4 and South Korea's Kospi inched down 0.1 percent to 1,975.80. Hong Kong's Hang Seng was down 0.1 percent at 23,866.60. Most Southeast Asian stock markets were lower but Japan's Nikkei 225 traded 0.2 percent higher at 17,393.35. CHINA EFFECT: Asian stocks climbed Monday when they had their first opportunity to react to China's announcement late Friday of interest rate cuts. The perception of concerted efforts by central banks to support economic growth was also reinforced by the Eur

  • Honda admits failing to report deaths, injuries

    Updated: 17 hr ago

    DETROIT (AP) — Honda is admitting that it failed to report more than 1,700 injury and death claims about its vehicles to U.S. safety regulators, a violation of federal law. The Japanese automaker, in statements issued Monday, also said it became aware of the omissions in 2011, yet it took about three years to take action. The company said it filed documents detailing the lapses on Monday with the National Highway Traffic Safety Administration, which had demanded an explanation on Nov. 3. The agency said at the time that Honda may have failed to report incidents related to air bags made by Takata Corp. as well as other defective parts. Honda has recalled more than 5 million vehicles in the U.S.

  • Nevada justices: Uber case to be fought in Reno

    Updated: 17 hr ago

    LAS VEGAS (AP) — The Nevada Supreme Court decided Monday that a judge in Reno, not Las Vegas, should hear a bid by taxi regulators and limousine firms to block ride-sharing company Uber Technologies from operating in the state. The high court received written arguments from both sides last week on an expedited schedule that allowed the justices to rule before a court hearing set Tuesday in Reno. Washoe County District Court Judge Scott Freeman is scheduled to decide whether to extend a temporary order he issued last month to stop Uber from doing business in the state.

  • Oregon food label measure headed for recount

    Updated: 18 hr ago

    PORTLAND, Ore. (AP) — Statewide vote totals released Monday show an Oregon ballot measure that would require labeling of genetically modified foods was losing by a mere 809 votes and will go to an automatic recount. Results from all 36 counties three weeks after Election Day showed Measure 92 was defeated by a margin of only 0.06 percentage point, well under the 0.2 percent threshold for a recount. A hand tally of ballots is likely to begin the first week in December after Secretary of State Kate Brown certifies the election results, formally triggering the recount. Oregon is the fourth state in the West to reject a labeling requirement for genetically modified foods, but it was the closest tally yet.

  • Man pleads guilty to fraud over helicopter weights

    Updated: 18 hr ago

    GRANTS PASS, Ore. (AP) — A former executive of a southern Oregon company whose helicopter crashed, killing nine people fighting a 2008 wildfire, has pleaded guilty to providing false aircraft weights to the U.S. Forest Service to win a firefighting contract. Steven Metheny, of Medford, pleaded guilty Monday in federal court in Medford to fraud and conspiracy, two of the 22 counts of the indictment against him. Metheny was vice president of Carson Helicopters outside Grants Pass when one of the company's helicopters crashed on takeoff while carrying a firefighting crew fighting the Iron 44 fire on the Shasta-Trinity National Forest near Weaverville, California. It was the deadliest helicopter crash involving working firefigh

  • New FDA rules will put calorie counts on menus

    Updated: 19 hr ago

    WASHINGTON (AP) — Counting your calories will become easier under new government rules requiring chain restaurants, supermarkets, convenience stores — and even movie theaters, amusement parks and vending machines — to post the calorie content of food "clearly and conspicuously" on their menus. The Food and Drug Administration plans to announce the long-delayed rules on Tuesday. The regulations will apply to businesses with 20 or more locations and they will be given until November 2015 to comply. The idea is that people may pass on that bacon double cheeseburger at a chain restaurant, hot dog at a gas station or large popcorn at the movie theater if they know that it has hundreds of calories.