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Business at a glance

April 14, 2016 Retail sales fall in March in U.S. WASHINGTON — U.S. retail sales fell last month as Americans cut back on their car purchases, the latest sign that consumers are reluctant to spend freely. A 2. more »»

Ruling clears way for Perry to buy convent

April 14, 2016 LOS ANGELES (AP) — A judge on Wednesday voided the sale of a former Catholic convent to a Los Angeles businesswoman, clearing the way for Katy Perry to purchase the hilltop property. more »»

New Kindle smaller, lighter, but pricier

April 14, 2016 NEW YORK — Will loyal fans of e-books be willing to pay tablet prices for dedicated e-readers? Amazon is about to find out. The e-commerce giant’s latest Kindle is its smallest and lightest ye. more »»

Businesses cut back on stockpiles as sales fall again

April 14, 2016 WASHINGTON (AP) — Businesses reduced their stockpiles for a second straight month in February, while sales fell for a seventh month. Business inventories dropped 0. more »»

Volkswagen to slash manager bonuses

April 14, 2016 BERLIN (AP) — Volkswagen said Wednesday that its top managers’ bonuses will be cut significantly, citing the need to send a “signal” on executives’ pay following the automaker’s diesel emissions... more »»

Business briefs

April 11, 2016 COVELLI AND PANERA SELL PUZZLE COOKIES TO HELP RICH CENTER: Covelli Enterprises and Panera Bread are selling puzzle piece cookies through Sunday to help the Rich Center for Autism at Youngstown Stat... more »»

Consumer spending stalled

April 10, 2016 NEW YORK — Shoppers at Randal Weeks’ home decor have started being more tentative about buying the pillows, furniture and framed prints they admire in the store. more »»

U.S. new home for tax havens

April 10, 2016 WASHINGTON — The U.S. lambastes and strong-arms countries that help drug lords and millionaire investors hide their money from tax collectors. Critics say it should look closer to home. more »»

Keep track of tips

April 10, 2016 Tips, home business: 2 areas taxpayers need to consider Generating income from tips or using your home to operate your business are two areas the IRS is advising taxpayers to consider when filing... more »»

Retirement advisers must meet criteria

April 10, 2016 By MARCY GORDON The Associated Press WASHINGTON — The Obama administration acted last week to require that brokers who recommend investments for retirement savers meet a stricter standard that now... more »»

Self-driving cars not ready for road

April 10, 2016 WASHINGTON — Self-driving cars are more likely to hurt than help public safety because of unsolved technical issues, engineers and safety advocates told the government Friday, countering a push by... more »»

Longtime GM design chief will retire after 44 years

April 8, 2016 DETROIT (AP) — Ed Welburn, General Motors’ longtime head of automotive design and the first African-American to lead global design for any automaker, is retiring after 44 years with the company. more »»

Alcoa agrees to supply Airbus with 3D-printed materials

April 8, 2016 WEATHERSFIELD — Lightweight metals manufacturer Alcoa, which operates a local plant here, has agreed to supply 3D-printed titanium fuselage and engine pylon components to Airbus Group for its... more »»

Average U.S. mortgage rates at lowest levels since Feb. 2015

April 8, 2016 WASHINGTON (AP) — Average long-term U.S. mortgage rates slid this week to their lowest level since February 2015, luring prospective purchasers during the spring home-buying season. more »»

Uber settles background check suit

April 8, 2016 LOS ANGELES (AP) — Ride-hailing company Uber will pay at least $10 million to settle allegations by California prosecutors that the ride-hailing company misled passengers about the quality of its... more »»

No change in local bank stocks

April 7, 2016 Tribune Chronicle Local bank stocks stood pat following trading on Wednesday. Cortland Bancorp closed at $15.30 a share, while First Niles Financial closed at $8.15 a share. more »»

Stocks break losing streak

April 7, 2016 NEW YORK (AP) — U.S. stocks broke a two-day losing streak Wednesday as investors bought up drugmakers and other health care companies. Energy companies also jumped as the price of oil surge. more »»

New airfare rule could lead to costly mistake

April 7, 2016 NEW YORK (AP) — The three largest U.S. airlines have changed the way they price multi-city trips, forcing those who book such itineraries to pay hundreds of extra dollars in airfar. more »»

Federal suit to stop deal between 2 oilfield firms

April 7, 2016 WASHINGTON — The Justice Department is suing to stop Halliburton from buying oilfield-services rival Baker Hughes, the latest effort by the Obama administration to block mergers that it believes... more »»

Ex-coal chief gets year in prison

April 7, 2016 CHARLESTON, W.Va. more »»



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