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The Galveston County Daily News : Business

October 21, 2014

Business

Top Story

Jury rules against Texas company in guardrail case

DALLAS (AP) — Jurors have decided that a Texas company should pay $175 million in damages for changing the design of highway guardrails without telling government transportation officials.

  • icon Posted: October 21

Latest Headlines

Tuesday 10/21/2014
Top subprime mortgage firm accused of abuses
Posted: October 21, 2014

The nation's largest servicer of subprime mortgages has engaged in abuses that could potentially harm hundreds of thousands of borrowers, according to the New York Superintendent of Financial Services.

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Harley-Davidson tops 3Q net income expectations
Updated: October 21, 2014 - 2:00 pm

MILWAUKEE (AP) — Harley-Davidson's third-quarter profit fell nearly 8 percent on a planned reduction of motorcycle shipments for the quarter.

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New rules adopted in hopes of spurring home loans
Updated: October 21, 2014 - 2:00 pm

WASHINGTON (AP) — Banks will get a break in easier rules for packaging and selling mortgage securities and fewer borrowers will have to make hefty down payments under actions taken by federal regulators.

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Coke to slash costs as soda sales remain flat
Updated: October 21, 2014 - 2:00 pm

NEW YORK (AP) — Coca-Cola said it plans to slash costs by $3 billion a year after the world's biggest beverage maker reported disappointing sales on flat soda volume.

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Oil CEO in sad toll of famed plane crash victims
Updated: October 21, 2014 - 2:00 pm

PARIS (AP) — Christophe de Margerie, the charismatic CEO of Total SA whose silver handlebar earned him the nickname "Big Mustache," died late Monday at a Moscow airport when his private jet collided with a snowplow whose driver was drunk, according to Russian investigators.

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Stocks rise, helped by Chinese data, Apple results
Updated: October 21, 2014 - 2:00 pm

NEW YORK (AP) — U.S. stock indexes rose Tuesday, putting the market on track for a fourth gain in a row, following an encouraging report on the Chinese economy as well as strong quarterly results from Apple and other big companies. Stocks continued to recover from last week's plunge.

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Ukraine asks for big EU loan during gas standoff
Updated: October 21, 2014 - 2:00 pm

BRUSSELS (AP) — Ukraine has asked the European Union for an additional loan of $2.5 billion as it struggles to cope with the implications of its standoff with Russia.

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Total CEO killed in Moscow runway crash
Updated: October 21, 2014 - 2:00 pm

MOSCOW (AP) — Christophe de Margerie, the charismatic CEO of Total SA who helped establish the multinational oil company as one of the world's biggest, was killed at a Moscow airport when his private jet collided with a snowplow whose driver was reportedly drunk.

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