• Welcome!
    |
    ||
    Logout|My Dashboard

The Galveston County Daily News : Business

August 2, 2014

Business

Top Story

Car parts plant blast in China kills 65, hurts 100

BEIJING (AP) — At least 65 people were killed Saturday by an explosion at an eastern Chinese automotive parts factory that supplies General Motors, state media reported.

  • icon Updated: 1:01 am

Latest Headlines

Friday 08/01/2014
Berkshire Hathaway 2Q profit jumps 41 percent
Updated: August 01, 2014 - 10:01 pm

OMAHA, Neb. (AP) — Warren Buffett's company on Friday reported a 41 percent jump in its second-quarter profit that was boosted by a paper gain from a stock-swap deal completed earlier this year.

Comments (0)
Nevada no lock for Tesla plant despite groundwork
Updated: August 01, 2014 - 10:01 pm

SPARKS, Nev. (AP) — A sprawling industrial park near Reno where wild mustangs roam among the sagebrush has become the focus of the secretive site selection process for Tesla's $5 billion battery factory, but the groundwork taking place is no guarantee the plant and its 6,500 jobs are coming.

Comments (0)
Government says GM owner site was faulty
Updated: August 01, 2014 - 7:07 pm

DETROIT (AP) — The government said Friday that General Motors vehicle owners should recheck the company's recall identification website if previous checks indicated their cars aren't being recalled.

Comments (0)
Moody's upgrades Greece's credit rating
Updated: August 01, 2014 - 9:01 pm

ATHENS, Greece (AP) — Moody's ratings agency late Friday upgraded Greece's government bond rating, predicting a gradual decline of its massive national debt.

Comments (0)
Business Highlights
Updated: August 01, 2014 - 7:07 pm

___

Comments (0)
US job growth eases but tops 200K for a 6th month
Updated: August 01, 2014 - 7:07 pm

WASHINGTON (AP) — A sixth straight month of solid 200,000-plus job growth in July reinforced growing evidence that the U.S. economy is accelerating after five years of sluggish expansion.

Comments (0)
Allergan sues Valeant, claims fraud in buy attempt
Updated: August 01, 2014 - 7:07 pm

TRENTON, N.J. (AP) — Botox and eye-drug maker Allergan is suing a Canadian drugmaker and a hedge fund over their hostile takeover attempt, alleging insider trading and other fraud before their plan became public.

Comments (0)
S&P 500 has its worst week in 2 years
Updated: August 01, 2014 - 7:07 pm

NEW YORK (AP) — U.S. stocks fell for a second day Friday, adding to the massive sell-off the day before and giving the market its worst week in two years.

Comments (0)