Business Stories from February 12, 2013 (Change date)
-
Navistar completes sale of stake in India truck venturesFeb 12, 2013 8:20 am - LISLE — Navistar International Corp. said it has completed the sale of its stake of Mahindra Navistar Automotives Ltd. and Mahindra Navistar Engines Pvt Ltd to Mahindra ...
-
Grainger January sales up 8 percentFeb 12, 2013 8:19 am - Mettawa-based W.W. Grainger reported January sales increased 8 percent over the same period last year, the company said in a release. The increase was a result of a 3 p...
-
$600,000 settlement planned over Grant's rebate flapFeb 12, 2013 8:00 am - Customers of Grant's Appliances and other Grant stores who never received their promised $500 rebates could get a check by June after getting a letter in the mail this w...
-
Coca-Cola’s profit rises as volume grows overseasFeb 12, 2013 6:43 am - NEW YORK — Coca-Cola says its profit rose 13 percent in the fourth quarter as the world’s biggest beverage company sold more of its drinks overseas. The Atlanta-based co...
-
Dell closes above offer for first time since proposed LBOFeb 12, 2013 5:35 am - Dell Inc., which last week agreed to be taken private, closed above the offer price for the first time since the announcement after the computer maker’s largest outside ...
-
Texas Gov. Perry raids California businessesFeb 12, 2013 5:33 am - SACRAMENTO, Calif. — Texas Gov. Rick Perry brought his brash pitch for jobs to California on Monday as he sought to lure businesses to his state with the promise of lowe...
-
Late-payment rate on US mortgages hits 4-year lowFeb 12, 2013 5:32 am - LOS ANGELES — Homeowners who took on mortgages well after the housing bubble burst are doing a better job keeping up with payments. Credit reporting agency TransUnion sa...
-
Gary airport looking for private partner for fundsFeb 12, 2013 5:30 am - GARY, Ind. — Officials with the Gary airport in northwest Indiana are looking for a private partner to invest in the airport. The Times of Munster reports the Gary-Chica...
-
Oil falls below $97 amid ample supplyFeb 12, 2013 5:30 am - BANGKOK — The price of oil slipped back below $97 a barrel Tuesday after a sharp rise the day before as supply remains ample and demand tepid. Benchmark oil for March de...
-
VW reports 17.4 pct increase in January salesFeb 12, 2013 5:29 am - BERLIN — Germany’s Volkswagen AG says it started off the year with brisk car sales, as deliveries outside Europe — particularly in China — helped more than offset declin...