REINEKE FORD   ||   NEWS UPDATES
off

U.S. durable goods fell 18.2 percent in August

WASHINGTON (AP) — Business orders for long-lasting manufactured goods fell by a record amount in August, dragged lower by a plunge in demand for commercial aircraft. But orders in a key category that tracks business investment plans posted a gain. Orders for durable goods...

Diana Krall cancels fall tour due to illness

NEW YORK (AP) — Jazz pianist and singer Diana Krall is canceling her U.S. fall tour to give herself time to recuperate from a severe case of pneumonia. Krall, in a statement released Thursday by her publicist, says she’s “deeply saddened” about the...
off

ESPN suspends Simmons 3 weeks for NFL comments

ESPN has suspended Bill Simmons for three weeks after he repeatedly called NFL Commissioner Roger Goodell a liar during a profane tirade on a podcast. ESPN announced the suspension Wednesday. “Every employee must be accountable to ESPN and those engaged in our editorial...
off

Applications for U.S. unemployment rise 12K to 293K

WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits increased last week after falling sharply two weeks ago. Despite the rise, the level of applications remains near pre-recession levels, a sign that hiring will likely remain healthy. Weekly...

Report: Treasury OKs big pay raises for GM, Ally

WASHINGTON (AP) — The U.S. Treasury Department continued to approve “excessive” pay raises for top executives at General Motors and its former consumer finance arm, both of which received taxpayer-funded bailouts during the financial crisis, a new government...
off

Struggling BlackBerry releases new phone

TORONTO (AP) — BlackBerry launched a new smartphone Wednesday as the embattled Canadian company hopes for a comeback. Chief executive John Chen unveiled a large-screen, square sized phone called the Passport to a Toronto audience. London and Dubai also hosted launch events....
off

Airstrikes in Syria: U.S., Arab allies hit Islamic State sites

WASHINGTON (AP) — The U.S. and Arab allies launched what leaders declared would be a long and sustained military assault against Islamic State strongholds in Syria and Iraq, and the U.S. simultaneously targeted an al-Qaida cell said to be plotting imminent attacks on American and...