Columbus CEO Archives

October 2015 Edition

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Ex-president to be questioned in Brazil corruption probe

RIO DE JANEIRO (AP) - A judge in Brazil's Supreme Court has ruled that federal police may question former President Luiz Inacio Lula da Silva as a witness in their investigation of a kickback scandal that has engulfed the state-owned oil company Petrobras.

Obama: No more temporary spending bills, budget deal needed

WASHINGTON (AP) - President Barack Obama said Friday he won't sign another temporary government funding bill after the current one expires Dec. 11, insisting that congressional Republicans and Democrats work out a long-term budget deal with the White House.

Why credit bureau Experian has data on T-Mobile customers

NEW YORK (AP) - In the latest high-profile breach of a U.S. organization, hackers broke into Experian's database of information on 15 million T-Mobile customers and potential customers. But what is Experian, and why does the credit bureau keep data on a wireless carrier's customers?

Why credit bureau Experian has data on T-Mobile customers

NEW YORK (AP) - In the latest high-profile breach of a U.S. organization, hackers broke into Experian's database of information on 15 million T-Mobile customers and potential customers. But what is Experian, and why does the credit bureau keep data on a wireless carrier's customers?

Trump not coming to Hispanic Chamber of Commerce event

NEWARK, N.J. (AP) - Republican presidential hopeful Donald Trump has pulled out of a planned question-and-answer session with the U.S. Hispanic Chamber of Commerce in Washington next week because he was concerned about the questions he'd be asked, the group said Friday.

How the Dow Jones industrial average fared on Friday

The stock market reversed an early stumble and ended higher on Friday, led by gains in oil and gas companies. Chevron jumped 4 percent, the most in the Dow Jones industrial average. Exxon Mobil also gained 3 percent.

General Mills finds listeria in 2nd batch of green beans

NEW YORK (AP) - General Mills is recalling 60,000 bags of its Cascadian Farm frozen green beans after one package tested positive for listeria, the second time this year the company has found the bacteria in its green beans.

Punitive damages possible in suit against DuPont over cancer

COLUMBUS, Ohio (AP) - A federal judge on Thursday ruled against a motion by DuPont and said punitive damages were possible for an Ohio woman who says she got kidney cancer after drinking water contaminated by a chemical discharged from a company plant.

Coca-Cola calls on Blatter to resign now

ZURICH (AP) - Coca-Cola became the first FIFA sponsor on Friday to call on Sepp Blatter to immediately stand down as president of world soccer's governing body.

Coca-Cola calls on Blatter to resign now

ZURICH (AP) - Coca-Cola became the first FIFA sponsor on Friday to call on Sepp Blatter to immediately stand down as president of world soccer's governing body.

Punitive damages possible in suit against DuPont over cancer

COLUMBUS, Ohio (AP) - A federal judge on Thursday ruled against a motion by DuPont and said punitive damages were possible for an Ohio woman who says she got kidney cancer after drinking water contaminated by a chemical discharged from a company plant.

Christie urges people to confront dune holdouts at shore

SEA ISLE CITY, N.J. (AP) - Gov. Chris Christie is urging residents of the Jersey shore to confront property owners who have helped block a plan to erect protective sand dunes in areas that were hardest hit by Superstorm Sandy three years ago.

Plea deal for embezzling suspect nabbed on Appalachian Trial

CINCINNATI (AP) - A federal court filing shows that a plea deal has been reached in the case of an accountant arrested along the Appalachian Trail six years after he was accused of embezzling $8.7 million from his Cincinnati-based employer.

Orders to US factories down 1.7 percent in August

WASHINGTON (AP) - Orders to U.S. factories fell in August by the largest amount in eight months, led by a drop in demand for commercial airplanes and weakness in a key category that tracks business investment spending.

Ethiopia plans to export natural gas in 3 to 5 years

ADDIS ABABA, Ethiopia (AP) - A government official in Ethiopia says his country will begin exporting natural gas in three to five years following the discovery of huge reserves in the country's Somali region.

India vows to cut carbon intensity in Paris pledge

NEW DELHI (AP) - As the last major economy to submit a target for a global climate pact, India is pledging to reduce the intensity of its carbon emissions and boost the share of electricity produced from sources other than fossil fuels to 40 percent by 2030.

Feds: Proposed pipeline rules could have prevented accidents

BILLINGS, Mont. (AP) - New federal rules proposed for pipelines that carry oil and other hazardous liquids could have prevented more than 200 accidents since 2010, including a Michigan rupture that ranks as the costliest onshore spill in U.S. history, federal officials said.

US regulator missed its best chance to catch VW cheating

CHICAGO (AP) - More than a decade ago, the U.S. Environmental Protection Agency helped develop a technology that ultimately was used by an independent laboratory to catch Volkswagen's elaborate cheating on car emissions tests. But EPA used the technology primarily to test trucks rather than passenger cars because such heavy equipment was a much bigger polluter.

US regulator missed its best chance to catch VW cheating

CHICAGO (AP) - Years ago, the U.S. Environmental Protection Agency helped develop technology eventually used by an independent laboratory to catch Volkswagen's elaborate cheating on car emissions. But EPA used the technology primarily testing trucks, not passenger cars, because such heavy equipment was a bigger polluter.

Asian stock markets drift ahead of key US job report

HONG KONG (AP) - Asian stock markets were muted on Friday as investors waited for a U.S. jobs report that could influence whether the U.S. Federal Reserve chooses October or December for its first interest rate hike in nearly a decade.

Insurers face health overhaul losses for 2014

WASHINGTON (AP) - Health insurers will lose about $2.5 billion because patients covered through President Barack Obama's health law last year were sicker than expected, according to government figures released late Thursday.

Top selling vehicles in the US in September

Automakers released U.S. sales of new vehicles for September on Thursday. These were the top selling vehicles, the number sold and the percent change from last September.

India vows to cut carbon intensity in Paris pledge

STOCKHOLM (AP) - As the last major economy to submit a target for a global climate pact, India is pledging to reduce the intensity of its carbon emissions and boost the share of electricity produced from sources other than fossil fuels to 40 percent by 2030.

Insurers face health overhaul losses for 2014

WASHINGTON (AP) - New government figures indicate that health insurers will lose about $2.5 billion because patients covered through President Barack Obama's health law last year were sicker than expected.

US regulators say GE can dismantle Hudson PCB cleanup plant

ALBANY, N.Y. (AP) - Federal regulators said Thursday they have no problem with General Electric dismantling a Hudson River PCB cleanup plant as six years of dredging wraps up, even though government advisers had asked to keep it in place while they assess results of the $2 billion cleanup.

US official: Hudson tunnel project needs clarity on scope

NEWARK, N.J. (AP) - Plans are moving ahead to build a new Hudson River rail tunnel and make other large-scale infrastructure improvements, but the lack of a final decision on the scope of the project is stalling further advances, the federal official overseeing the project said Thursday.

US regulators say GE can dismantle Hudson PCB cleanup plant

ALBANY, N.Y. (AP) - Federal regulators say they have no problem with General Electric dismantling a Hudson River PCB cleanup plant as dredging wraps up, despite government advisers asking to keep it in place while they assess results of the $2 billion cleanup.

US official: Hudson tunnel project needs clarity on scope

NEWARK, N.J. (AP) - Plans are moving ahead to build a new Hudson River rail tunnel and make other large-scale infrastructure improvements, but the lack of a final decision on the scope of the project is stalling further advances, the federal official overseeing the project said Thursday.

India vows to cut carbon intensity in Paris pledge

STOCKHOLM (AP) - As the last major economy to submit a target for a global climate pact, India is pledging to reduce the intensity of its carbon emissions and boost the share of electricity produced from sources other than fossil fuels to 40 percent by 2030.

Bristol-Myers' gets early approval of combo cancer treatment

TRENTON, N.J. (AP) - The first combination of breakthrough drugs that boost the immune system to fight cancer has been approved, giving maker Bristol-Myers Squibb Co. an early lead over competitors testing other combos in a pharmaceutical gold rush of sorts.

Black women booted from Napa Valley wine train file lawsuit

SAN FRANCISCO (AP) - A group of mostly black women filed a racial discrimination lawsuit Thursday after they were removed from a train that tours Napa Valley wineries, saying it was humiliating to be thrown off a rail car when loud and inebriated white passengers were allowed to stay.

APNewsBreak: Feds want tougher rules for oil pipelines

BILLINGS, Mont. (AP) - U.S. officials said Thursday they want tighter safety rules for pipelines carrying crude oil, gasoline and other hazardous liquids after a series of ruptures that included the costliest onshore oil spill in the nation's history in Michigan.

PokerStars will give New Jersey a jolt, but unclear how much

ATLANTIC CITY, N.J. (AP) - PokerStars and Full Tilt Poker are expected to give a much-needed jolt to New Jersey's fledgling Internet gambling market, but observers say the market needs to expand to other jurisdictions in order to truly thrive.

Clarification: Volkswagen-Chattanooga story

CHATTANOOGA, Tenn. (AP) - In a story Sept. 30, The Associated Press reported that production of diesel-engine Passat sedans had been halted at Volkswagen's lone U.S. plant in light of the emissions scandal facing the world's largest automaker. The company said later that production of 2016 model diesel Passats will continue, but that the vehicles will be held at the plant until a remedy for emissions is released through Volkswagen's headquarters in Wolfsburg, Germany.

Bristol-Myers' gets early approval of combo cancer treatment

TRENTON, N.J. (AP) - The first combination of breakthrough drugs that boost the immune system to fight cancer has been approved, giving maker Bristol-Myers Squibb an early lead over competitors testing their own combos in a pharmaceutical gold rush of sorts.

Vroom: Famed collection of gas signs, pumps to be auctioned

DENVER, Pa. (AP) - In the world of petroliana and automobilia, Kyle D. Moore's name carries a kind of mystique, his vast collection of vintage gasoline signs, gas-station pumps, gas globes, petroleum ads and other artifacts painstakingly amassed over 40 years and widely regarded as the best of its kind.

Auto lender fined $48 million for deceiving customers

WASHINGTON (AP) - Los Angeles-based auto lender Westlake Services faces $48.35 million in cash relief and penalties for deceiving customers and falsely threatening criminal prosecution, the Consumer Financial Protection Bureau says.

Deere has tentative labor agreement with UAW workers

MOLINE, Ill. (AP) - Farm equipment manufacturer Deere & Co. said Thursday it has reached a tentative agreement with the United Auto Workers union, averting a possible strike by 10,000 employees at 12 factories in three states.

GM plans $5.5B in cost cuts to help finance new mobility

MILFORD TOWNSHIP, Mich. (AP) - General Motors plans to cut $5.5 billion in manufacturing, purchasing and administrative costs during the next three years, helping to finance a big push into autonomous cars and car- and ride-sharing services.

EU probes illegal fishing, slave labor before Thai ruling

BRUSSELS (AP) - The European Union is including Thailand's actions to stamp out slave labor in the fishing industry during its investigation whether to impose sanctions on the major fish-exporting nation for failing to crack down on illegal and unregulated fishing.

Fast and easy loans come at price for small businesses

NEW YORK (AP) - It sounded like a sweet deal: A loan broker walked into Southern Girl Desserts offering the Los Angeles bakery a $40,000 loan that could be deposited in a bank account quickly. Already rejected for a loan from a bank, co-owner Catarah Hampshire took the offer and hired more workers to whip up peach cobblers and sweet potato cupcakes.

High court to hear Iranian bank appeal over $1.75B judgment

WASHINGTON (AP) - The Supreme Court said Thursday it will hear an appeal from Iran's central bank over a $1.75 billion judgment awarded to victims of terrorist attacks, including the 1983 bombing that killed 241 American soldiers in Lebanon.

High court to hear Iranian bank appeal over $1.75B judgment

WASHINGTON (AP) - The Supreme Court said Thursday it will hear an appeal from Iran's central bank over a $1.75 billion judgment awarded to victims of terrorist attacks, including the 1983 bombing that killed 241 American soldiers in Lebanon.

United's new CEO acknowledges airline's failures

NEW YORK (AP) - Five years after United Airlines and Continental merged, the company's new CEO declared in a public letter that the combined company has failed to live up to the expectations of both fliers and United's employees.

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