KQV AM 1410

Business Newsroom

Asia stocks extend global sell-off, Japan down 4.9 percent

Asian markets tumbled Tuesday as renewed jitters about the global economy set off a wave of selling in banking stocks....

Audi tearjerker, 'Puppymonkeybaby' among Super Bowl winners

NEW YORK (AP) -- With 30-second Super Bowl ads costing up to $5 million, it's a huge gamble to advertise. As the Denver Broncos defeated the Carolina Panthers, there were winners and losers off the field, too. Here are the advertisers whose gamble paid off, and those who dropped the ball....

Feds find Fiat Chrysler gear shifters can confuse drivers

DETROIT (AP) -- Electronic gear shifters on some newer Fiat Chrysler SUVs and cars are so confusing that drivers have exited the vehicles with the engines running and while they are still in gear, causing crashes and serious injuries, U.S. safety investigators have determined....

Apollo Education to go private in $1.1 billion deal

NEW YORK (AP) -- Apollo Education is being taken private in a $1.1 billion deal by a consortium led by private investment firm The Vistria Group....

Yellen will testify amid predictions of slower rate hikes

WASHINGTON (AP) -- Things looked so clear back in mid-December. The Federal Reserve raised its benchmark interest rate from record lows, and it signaled the likelihood of four more hikes in 2016....

Chesapeake stock tumbles, rises after investors spooked

OKLAHOMA CITY (AP) -- Share prices for Chesapeake Energy stock were down more than 50 percent for a time Monday after a news report said the Oklahoma City-based company had brought on attorneys who help companies restructure their debt, but rebounded after the natural gas producer told investors that it was not planning to file for bankruptcy protection....

UN agency proposes greenhouse gas emissions rules for planes

WASHINGTON (AP) -- A U.N. panel on Monday proposed long-sought greenhouse gas emissions standards for airliners and cargo planes, drawing praise from the White House and criticism from environmentalists who said they would be too weak to actually slow global warming....

Mazda recalls SUVs due to risk of fuel filler pipe ruptures

DETROIT (AP) -- Mazda is recalling some SUVs because the fuel filler pipe can rupture in a rear crash and cause a gas leak and possible fire....


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